Europe Cryochambers Market Share Growing Rapidly with Development, Recent Trends, Revenue and Forecast to 2019 – 2027
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Cryotherapy is a technique that uses localised freezing temperatures to kill an irritated nerve. It is used in the treatment of localised areas of some cancers as well as skin diseases. Cryochambers, also known as cryotherapy chambers, are cryogenic units that use liquid nitrogen, liquid synthetic air, or cooling units.
The widespread use of cryotherapy is expected to drive the growth of the Europe cryochambers market over the forecast period. Cryotherapy can, for example, be used to treat migraines, nerve irritation, mood disorders, arthritic pain, low-risk tumours, dementia and Alzheimer's disease, as well as atopic dermatitis and other skin conditions. Furthermore, increased adoption of cryotherapy by athletes is expected to aid in market growth. For example, RANGERS FC, a Scottish professional football club, chose CryoAction as its official cryotherapy supplier for the Scottish Premier League in February 2020. Poland dominated the European cryochambers market in 2018, accounting for 18.0 percent of the total value, followed by 2027.
Conflicting evidence regarding the safety and efficacy of cryotherapy is expected to stymie the growth of the European cryochambers market. There is insufficient evidence to support the safety and efficacy of cryotherapy. Claims for the use of cryotherapy in weight loss, sleep disorders, depression, stress, and anxiety, Alzheimer's disease, migraines, and fibromyalgia are unsubstantiated due to a lack of data to prove the therapy's efficacy. Furthermore, the lack of a fully developed regulatory pathway is expected to stymie market growth. In Europe, regulatory pathways for the approval of whole body cryotherapy chambers have not yet been developed, limiting the widespread use of these devices.
The major players in Europe cryochambers include, Zimmer MedizinSysteme GmbH, KrioSystem Sp. z.o.o, Air Products and Chemicals, Inc., CSA Medical, Inc., METRUM CRYOFLEX Sp. z o.o., Sp. K., Novotech S.R.O, CryoAction Limited, JUKA SP. Z.O.O. SP.K., Cryosense, and CRYO Science.
Source Link: https://www.medgadget.com/2021/09/europe-cryochambers-market-will-grow-at-5-4-cagr-to-be-valued-at-us-76-5-million-by-2027-global-industry-analysis-by-company-profiles-segments-size-landscape-and-demand.html
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