Cryotherapy Business

2 Cryotherapy Business Success Stories [2024]

Pat Walls

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Updated: October 6th, 2024

Cryotherapy might not be the first thing you think of when considering business ventures, but it's an intriguing option in the wellness industry. This business centers on offering cold therapy treatments to aid in muscle recovery, reduce inflammation, and even boost mental well-being.

Setting up a cryotherapy business involves investment in specialized equipment like cryo chambers and ensuring a system for safe, effective treatments. Location matters—proximity to fitness centers or urban areas can attract health-conscious clients. The role also demands a fundamental understanding of human biology, ensuring the staff is well-trained to handle the technology and client concerns.

While the startup costs can be high, the potential for profit is significant if positioned correctly in a growing wellness market. With increasing awareness about the benefits of cold therapy, many individuals are seeking alternatives to traditional medical treatments. If you're drawn to wellness and helping others achieve optimal health, a cryotherapy business might be an exhilarating venture to consider.

In this list, you'll find real-world cryotherapy business success stories and very profitable examples of starting a cryotherapy business that makes money.

1. Doctrina ($1.08M/year)

Doctrina's co-founders, Jure Pučko and Tomaz Erjavec, were working in the pharma industry when they realized the potential for a more efficient way to educate healthcare professionals (HCPs) beyond traditional methods. After successfully testing their business model in Slovenia and expanding to other countries, they secured an angel investment of $50,000 and built a user-friendly video platform that reaches over 1 million HCPs worldwide. Since 2013, Doctrina has helped 60 companies grow and has an average view rate of over 50%.

How much money it makes: $1.08M/year
How many people on the team: 10

How We Created A $90,000/Month Healthcare E-Learning Platform

Doctrina CEO Jure Pučko co-founded a global educational platform for healthcare professionals (HCPs), delivering short and focused e-learning videos coordinated with research and case studies that benefit independent courses, while helping over 60 companies worldwide grow through a multichannel marketing approach powered by technology since 2013.

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2. Glace Cryotherapy ($420K/year)

Brittney Scarlett and her brother Skyler started their cryotherapy business after Skyler tried cryotherapy and experienced immediate pain relief. They opened their first location in Carmel, CA with a small budget of $3,000, and through word of mouth and positive results, they gained local media attention and eventually appeared on Shark Tank. They now have a location inside a big gym in Mountain View, CA, see a minimum of 25-30 customers per day, and have 200 monthly members.

How much money it makes: $420K/year
How many people on the team: 2

How We Started A Successful Cryotherapy Business That Landed Shark Tank

How a Cryotherapy business started in a small town with $3,000 has grown over 5 years to boast 200 monthly members in a big box gym in Silicon Valley, offering a variety of pain management and wellness modalities, thanks to personalized outreach to businesses, SEO and word of mouth.

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Read by 10,694 founders