Increase in the prominence of cancer and sports injury, in the past few years, has driven the growth of the cryotherapy market in several ways.
Increase in the prominence of cancer and sports injury, in the past few years, has driven the growth of the cryotherapy market in several ways. At the same time, growing demand for minimally invasive treatments, and surge in application of cryotherapy for beauty cures have supplemented the growth of the market even more.
According to Allied Market Research, the global cryotherapy market is estimated to showcase a sizeable CAGR from 2021 to 2030. As per the American Journal of Sports Medicine in 2016, around four million athletes aged about fourteen years tend to come across a sports related wound every year in the United States. And, most of these injuries happen to worsen the condition of foot, ankle, and lower leg. Cyrotherapy is now being widely used by athletes to revive muscular pain and enhance sleep quality.
Here, it’s worth stating the outbreak of the pandemic has had a mixed impact on the global cryotherapy market. The majority of government bodies had imposed certain bans and limitations on medical measures, especially on elective surgeries. These precincts & boundaries, in turn, gave way to dwindled demand for cryotherapy equipment. Also, cryotherapy equipment manufacturing companies were facing a lot of problems such as presenting in-person product demos, operating their units at full scale, appearing in conferences, and so on. Delays and postponement of shipment of cryotherapy products was the common scenario in the Asia-Pacific region. These factors affected the market growth in several ways.
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On the other hand, however, the huge health benefits associated with cryotherapy have made the medical practitioners explore its potential yet more, and a new research has now come up with the fact that the extreme cold treatment could actually help reinstate olfactory organs after Covid-19. Founder of Cryotera, a cryotherapy center company based in France, Bastien Bouchet has brought forth a new revelation with Fabien Legrand, a prominent lecturer in the University of Reims.
The duo decided to perform a proper study into the impact of cryotherapy on partial or total loss of smell in an individual throughout the Covid-19 infection. Especially, the sufferers who were infected with the Delta variant of the virus, reported gradual loss of both taste and smell. And, researches state that there is still a little percentage for whom, this has never returned fully. Among those thirty people who went through the cryotherapy sessions, twenty-eight of them did experience two-hundred percent improvement in their olfactory score.