South Korea Cryotherapy Market Size, Share, and COVID-19 Impact Analysis, By Product (Cryochambers and Cryosaunas), By Application (Pain Management and Beauty & Wellness), By End Use (Cryotherapy Center, Spas & Fitness Centers, and Others), and South Korea Cryotherapy Market Insights, Industry Trend, Forecasts to 2035
Industry: HealthcareSouth Korea Cryotherapy Market Insights Forecasts to 2035
- The South Korea Cryotherapy Market Size Was Estimated at USD 4.7 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 11.11% from 2025 to 2035
- The South Korea Cryotherapy Market Size is Expected to Reach USD 14.97 Million by 2035
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According to a research report published by Spherical Insights and Consulting, The South Korea Cryotherapy Market Size is anticipated to reach USD 14.97 Million by 2035, growing at a CAGR of 11.11% from 2025 to 2035. Growing demand for minimally invasive procedures is one of the main factors propelling market expansion. The risks and adverse effects associated with standard procedures; patients are increasingly turning to non-invasive treatments. The increasing use of cryotherapy in clinical settings, where it has proven to be a successful treatment for long-term illnesses including cancer and arthritis, increasing patient safety and effectiveness.
Market Overview
The market for the use of cryogenic therapy, or extremely cold temperatures, in medical and other purposes is known as the cryotherapy market. It covers procedures like cryosurgery (also known as cryoablation), in which aberrant cells are destroyed using liquid nitrogen, as well as more general applications in pain relief, the healing of sports injuries, and cosmetic procedures. Demand at sports facilities and rehabilitation clinics is driven by athletes' use of cryotherapy to lessen muscle discomfort, enhance performance, and speed recovery following strenuous physical effort. Since cryotherapy can successfully lower pain and inflammation, it is a desirable treatment option for injuries and chronic pain issues. The formation of collagen, and cryotherapy can improve skin suppleness, lessen the visibility of fine lines and wrinkles, and provide the appearance of younger skin. Athletes are increasingly using cryotherapy to heal their muscles and avoid injuries. This gives companies the chance to include cryotherapy in exercise regimens, which could increase their clientele. The market is expanding as more consumers become aware of the advantages of cryotherapy and its uses in a variety of areas, such as pain relief, sports injuries, and skin rejuvenation.
Report Coverage
This research report categorizes the market for South Korea cryotherapy market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea cryotherapy market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea cryotherapy market.
South Korea Cryotherapy Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 4.7 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | CAGR Of 11.11% |
2035 Value Projection: | USD 14.97 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 102 |
Segments covered: | By Product, By Application and By End Use |
Companies covered:: | CRYONiQ Korea, Metro Korea Co., Ltd., Cryomed Korea, CryoCell Korea, Medsunrise, Korea Buyers Guide, Samsung Biologics, Hanwha Solutions, Hyosung Corporation, and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
Technological advancements have led to the development of more efficient and user-friendly cryotherapy equipment, such as cryo chambers and cryosaunas, enhancing treatment accessibility and effectiveness. The increasing prevalence of chronic conditions, including arthritis and various cancers, has heightened the demand for non-invasive treatment options like cryosurgery. Additionally, the rising popularity of cryotherapy in the fitness and wellness sectors, particularly for muscle recovery and skin rejuvenation, has expanded its consumer base. These factors collectively contribute to the robust expansion of the cryotherapy market
Restraining Factors
High costs associated with advanced cryotherapy equipment limit adoption, particularly in developing regions. Additionally, the lack of standardized regulations and clinical evidence regarding long-term efficacy raises concerns among healthcare providers. Potential side effects and safety risks also contribute to patient hesitation, slowing wider acceptance of cryotherapy treatments.
Market Segmentation
The South Korea Cryotherapy Market Share is classified into product, application, and end-use.
- The cryochambers segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korean cryotherapy market is segmented by product into cryochambers and cryosaunas. Among these, the cryochambers segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. The effectiveness of treating the entire body, encouraging healing, lowering inflammation, and easing pain. Improved muscle healing and general wellness, athletes, fitness enthusiasts, and health-conscious consumers are becoming more and more interested in these non-invasive options.
- The beauty & wellness segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea cryotherapy market is segmented by application into pain management, beauty & wellness. Among these, the beauty & wellness segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Facials and other cryotherapy procedures increase the formation of collagen, lower inflammation, and enhance blood flow, giving patients firmer, more radiant skin. Additionally, cryotherapy has gained popularity as a stylish cosmetic solution thanks to social media and celebrity endorsements, which have increased interest in spas and wellness centers.
- The cryotherapy (cryosauna & cryochamber) center segment dominated share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea cryotherapy market is segmented by end-use into cryotherapy center, spas & fitness centers, and others. Among these, the cryotherapy (cryosauna & cryochamber) center segment dominated share in 2024 and is expected to grow at a significant CAGR during the forecast period. Increased awareness of cryotherapy's advantages for pain relief, rehabilitation, and general well-being. Supported by a rise in sports participation and social media marketing, this trend, which caters to athletes, fitness fanatics, and beauty seekers, is becoming more and more popular.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea cryotherapy market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- CRYONiQ Korea
- Metro Korea Co., Ltd.
- Cryomed Korea
- CryoCell Korea
- Medsunrise
- Korea Buyers Guide
- Samsung Biologics
- Hanwha Solutions
- Hyosung Corporation
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea cryotherapy market based on the below-mentioned segments:
South Korea Cryotherapy Market, By Product
- Cryochambers
- Cryosaunas
South Korea Cryotherapy Market, By Application
- Pain Management
- Beauty & Wellness
South Korea Cryotherapy Market, By End-Use
- Cryotherapy Center
- Spas & Fitness Centers
- Others
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