In a world where medical and wellness trends evolve over time, one age-old practice has stood the test of time, emerging as a cutting-edge technique, making waves in the realm of wellness and recovery. Cryotherapy, a medical and wellness therapy, has become increasingly popular in recent times due to its potential health and therapeutic benefits. It involves brief exposure of the body to extremely low temperatures as low as -110 to -140 degrees Celsius to freeze or destroy abnormal tissues.

Cryotherapy technology and its applications have undergone significant advancements in recent years, resulting in a more versatile and efficient tool for a wide range of therapeutic and wellness purposes. Several types of cryotherapy devices such as cyrosauna, cryochambers, cryoguns, ice compression technology, and cryoablation systems are widely used in hospitals, clinics, wellness and rehabilitation centers, and specialty clinics to treat various skin conditions, pain and inflammation, cancer, neurological diseases, pain management, and nerve and tissue disorders.

Cryotherapy can be administered in various forms such as ice packs, cold water immersion, cryo-chambers, and localized cryo-applicators and the duration of treatment depends on the condition being treated and desired therapeutic effect. One of the primary effects of cryotherapy is vasoconstriction where there the blood vessels constrict to conserve heat and reduce blood flow to the treated area, helping in reducing inflammation and swelling.

Cryotherapy is regularly used by athletes and sportspersons to reduce muscle soreness, fatigue, and inflammation, and promote faster recovery. It also offers various benefits in the food and beverage sector such as food preservation and improved product quality while it is used for skincare and body contouring treatments to enhance the appearance and texture of the skin. Some other key applications of cryotherapy include weight loss, preventing dementia and cancer, reducing anxiety as well as depression, improving symptoms of eczema, and treating migraine headaches.

Cryotherapy Market Dynamics:

Cryotherapy is widely gaining traction owing to its multiple beneficial factors such as rapid wound healing, lesser pain, minimal surgical wounds, and shorter hospital stays. The global cryotherapy market was valued at USD 6.8 billion in 2022 and is expected to register a rapid revenue CAGR of 7% during the forecast period. Factors such as increasing demand for sports and fitness recovery, growing awareness about importance of cryotherapy, and rising applications of cryotherapy for cosmetics, medical and aesthetic purposes. However, the global market revenue is expected to witness a downfall to a certain extent due to high cost of cryotherapy equipment and sessions, rising concerns about adverse effects of cryotherapy, insufficient budget to deploy advanced cryotherapy equipment, and lack of long-term clinical data.

Cryotherapy equipment manufacturers in the market are using various strategies to overcome these challenges and improve consumer satisfaction. Mentioned below are some of the leading companies providing high-quality cryotherapy devices and services across hospitals, wellness centers and spas, and cosmetic and skincare centers.

1. iCRYO
2. CryoConcepts
3. Medtronic
4. CooperSurgical
5. Zimmer MedizinSysteme GmbH
6. Brymill Cryogenic Systems
7. CryoAction Limited
8. CryoUSA
9. CryoTempe
10. Vacuactivus

iCRYO:

iCRYO is a US-based wellness and recovery machinery company located in Houston, Texas that specializes in manufacturing cryotherapy products and services. The company delivers a broad range of devices for whole-body cryotherapy, local cryotherapy, cryofacials, cryotherapy for weight management, injury recovery, and overall wellness. In February 2020, the company announced its plan to expand across the US, and in September 2021, it partnered with TheraLight, a leader in light therapy and developer of full-body LED technology to provide new opportunities for businesses to capitalize in light therapy as well as cryotherapy.

CryoConcepts LP:

CryoConcepts LP is a global leader in portable cryosurgery and cryotherapy products based in Pennsylvania, United States, best known for its innovative cryosurgery products and applicators designed to provide precise and effective treatment while minimizing damage to surrounding healthy tissue. The company develops and manufactures advanced cryo-based technologies for treating skin issues like warts, skin tags, certain types of skin cancer, and hyperpigmentation. In June 2019, CryoConcepts received FDA clearance for its two cryosurgical devices, CryoTouch and CryoLab. These devices are widely used across wellness centers, sports rehabilitation centers, spas, and clinical settings.

Medtronic plc:

Medtronic is one of the largest medical technology companies that specializes in the development, manufacturing, and distribution of a wide range of medical devices and equipment. The company’s mission is to improve healthcare outcomes by advancing medical technology and therapies. Medtronic is also well-known for its cryoablation system called Arctic Front Cryoablation Catheter, used for cardiac arrhythmias or atrial fibrillation. In June 2021, Medtronic announced FDA approval for Arctic Front as an alternative treatment to antiarrhythmic drug therapy.

CooperSurgical, Inc.

CooperSurgical, Inc. is a US-based medical device company, headquartered in Trumbull, Connecticut that specializes in women’s health and reproductive medicine along with range of products and services across various areas of healthcare, including cryotherapy. It offers a wide range of cryosurgical systems, probes, and accessories catering to specific requirements.

Zimmer MedizinSysteme GmbH:

Zimmer MedizinSysteme GmbH is a German company that specializes in the development and manufacturing of medical equipment and devices, especially in the fields of physiotherapy, diagnostics, and aesthetics. Zimmer MedizinSysteme offers a series of highly effective cryotherapy devices such as cryofan cooling systems, cryo saunas, and cryolipolysis used for different purposes like cryosurgery, cryotherapy for pain relief, or fat-freezing. Some of its popular cryotherapy devices include Cryo 7, Cryo 6, and Cryo Mini.

Brymill Cryogenic Systems:

Brymill Cryogenic Systems is a US-based medical device company that specializes in cryosurgery equipment, products, supplies, and liquid nitrogen cryosurgical systems. Brymill’s products are widely used across the globe by healthcare professionals, dermatologists, and veterinarians for several medical and cosmetic processes. Some of which include; Cryoguns, cryochambers, cryocones and cryoplates, and cryosurgical accessories.

CryoAction Limited:

CryoAction Limited is a UK-based leading medical device company situated in London that manufactures cryotherapy solutions used at spas and wellness centers, gyms, and rehabilitation centers. The company has a large cryotherapy product base including cryosaunas, cryotherapy chambers, or cryotherapy systems. These treatments are very popular among athletes, individuals seeking pain relief, and those interested in alternative wellness therapies.

CryoUSA:

Located in Dallas, Texas, CryoUSA is a famous manufacturer of cryotherapy equipment and services and offers various cryotherapy solutions and devices such as whole-body cryotherapy chambers, localized cryotherapy devices, and other related services. These devices are widely deployed at wellness and rehabilitation centers, hospitals, and cryotherapy centers for various purposes such as pain management, muscle recovery, several skin conditions, weight management, and stress reduction.

CryoTempe:

CryoTempe is a leading wellness, pain management, and athletic recovery spa in Tempe that specializes in providing products and services related to cryotherapy, red light therapy, Normatec compression, hydromassage, and infrared sauna treatment.

Vacuactivus:

Vacuactivus is one of the largest cryotherapy and infrared equipment located in Los Angeles, California, USA. The company offers a wide range of cryotherapy chambers and cryo-equipment such as cryo facial machines, cryo bikes and treadmills, and infrared bikes for fitness and sports rehabilitation.