IS INVESTING IN A CRYO CHAMBER STILL WORTH IT IN 2021?
Owning a cryotherapy machine has been a promising investment in the past few years. But is the investment still worth it in 2021? Cryotherapy is among the rising businesses that are mostly incorporated in already existing businesses. Most small businesses opt for cryotherapy because it adds value without needing huge running costs. Forbes notes that in 2021 customers are becoming impatient and looking for something that works quickly and efficiently.¹ The demand for instant results is something cryotherapy offers.
5 Reasons Why Adding a Cryo Chamber to Your Business Is Crucial in 2021
Cryotherapy Is Still Trendy
Cryotherapy was trending in 2020 and this will be the case up to 2025.² The hype has not gone down, and predictions show that its popularity will keep rising.
Being indoors can raise stress levels, and a session in the chamber can relieve stress for many. With easing restrictions athletes will soon go back to full training. A cryo chamber will thus be essential for athletes looking to recover from training.
The Cryotherapy Industry Has Growth Potential
New areas of application for cryotherapy are still being discovered. Cryotherapy is no longer just for injuries during sports, cancer, and stress relief. Advancing technology has allowed cryotherapy to become a core part of the mind, body, beauty, and wellness industries. Existing businesses thus increasingly look towards cryotherapy for services diversification.
Whole-Body Therapy Is Growing in Popularity
In 2020, cryotherapy as a beauty and health trend gained popularity significantly. With celebrities and athletes seemingly endorsing the treatment, the popularity of cryo chambers will continue to grow. Cryotherapy caters to the cosmetic, physiological, and even psychological needs of people. It thus has huge potential as an investment avenue.
Visible Instant Benefits Increase Demand
One cryo session has direct and visible results and this excites customers. Selling cryotherapy treatment is thus not a difficult task for a business of any stature. For business especially in the beauty and wellness realm, referrals can offer a quick way to scale up.
The Demand for Cryotherapy Has Not Waned
Cryotherapy has become a better alternative for pain relief and as a cosmetic regime. With more people moving from medical towards treatments that appear more natural, the demand for cold treatments has gone up.
Investing in a Cryo Chamber to Boost Profitability
In case you are still wondering if a chamber will be a worthy investment in 2021, look at the above reasons and consider the projected growth in the next few years.
Of course, the investment does not mean a direct ticket to success.
Proper planning, choosing your business location well, and marketing to your clientele will contribute to how your investment will perform.
The bottom line is – this is an excellent time to consider investing while cryo ratings are still soaring.
Founded on facts: for peer-reviewed articles, scholarly journals, and articles cited above please see the below sources.
10 Business predictions of 2021
Cryotherapy market analysis and predictions