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Global Cryotherapy Market 2021 Size, Share, Growth, Trends and Forecast, Business Opportunities and Future Investments

Cryotherapy

The report focuses on the favorable Global “Cryotherapy market” and its expanding nature. The Cryotherapy market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • Growing prevalence of cancer is one of the major factors for the growth of the global Cryotherapy market. As per the WHO statistics, cancer accounts for 13% of deaths globally every year, moreover, 70% increase in cancer incidences is anticipated over the next couple of decades and global geriatric population is anticipated to nearly double from 12% to 22% from 2015 to 2022. Furthermore, increasing technological advancements in the cryotherapy treatment, increasing inclination towards the minimally invasive procedures, rise in applications of cryotherapy treatment such as cardiac conditions, pain management, skin disorders, beauty, wellness, fitness, etc. are likely to propel the growth of global Cryotherapy market. However, high cost of the treatment, stringent safety guidelines, adverse effects associated with cryogenic gases, lack of complete knowledge regarding cryotherapy, the complexity of the cryotherapy mechanisms are likely to hinder the global Cryotherapy market.

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    Key Manufacturers

  • Medtronic
  • Impact Cryotherapy
  • Zimmer Medizinsysteme
  • Metrum Cryoflex
  • Brymill Cryogenic Systems
  • Cryoconcepts
  • Kriosystem Life
  • CryoUSA
  • Cooper Surgical
  • Quantum Cryogenics

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Cryotherapy market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Cryotherapy market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Cryotherapy market have also been involved in the study.

    Scope of the Report:

  • Cryotherapy is also known as cryoablation, cryosurgery, targeted cryoablation therapy, percutaneous cryotherapy. Cryotherapy is a minimally invasive method which uses extreme cold to freeze and destroy the infected tissues or cells.
  • In the process of cryotherapy treatment, high-pressure argon gas or liquid nitrogen flows into a needle-like applicator called as cryoprobe that creates an intense cold on the diseased cell or tissue, then imaging techniques such as CT, MRI or ultrasound are used to guide the cryoprobes to treat the sites in the body. It may be used to treat a variety of skin conditions, pain management, tumors within the liver, kidneys, bones, lungs, and breast etc.

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    TOC of Cryotherapy Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Cryotherapy market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Cryotherapy Market Report Covered:

    • The report analyses how Cryotherapy market will grow in the future.
    • Analyzing various perspectives of the Cryotherapy market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Cryotherapy market shares and policies employed by the major market players.
    • Competitive landscape including the Cryotherapy market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Cryotherapy market players

    Key Market Trends:

    Oncology dominates the Global Cryotherapy Market

    Applications segment is segmented into Surgical Applications, Pain Management, Recovery, Health, and Beauty. Surgical Applications segment is further segmented into Oncology, Cardiology, Dermatology, Other Surgical Applications.

    Oncology holds the highest market share during the forecast period due to high incidence and prevalence of cancer and also growing awareness regarding various types of cryotherapy approaches are the major factor propelling the growth of Global Cryotherapy Market. Cryosurgery is used to treat several types of cancer, and some precancerous or noncancerous conditions. In addition to prostate and liver tumors, cryosurgery can be an effective treatment for Retinoblastoma, Early-stage skin cancers (both basal cell and squamous cell carcinomas), Precancerous skin growths known as actinic keratosis, precancerous conditions of the cervix known as cervical intraepithelial neoplasia. Cryosurgery is also used to treat some types of low-grade cancerous and noncancerous tumors of the bone. It may reduce the risk of joint damage when compared with open surgery, and help lessen the need for amputation. The treatment is also used to treat AIDS-related Kaposi sarcoma when the skin lesions are small and localized.

    North America holds the largest market share in Global Cryotherapy Market

    North America is the largest regional market in terms of revenue due to the presence of skilled professionals, increasing adoption of whole body cryotherapy, increasing adoption of cryotherapy for cancers and skin disorders, rising prevalence of cancer and increasing adoption of minimally invasive surgeries. Furthermore, high healthcare expenditure by the local governments, highly developed healthcare infrastructure in the US and Canada, availability of well-developed cryotherapy products in this region would also influence the market growth during the forecast period. For instance, in May 2018, CryoUSA, a provider of whole body cryotherapy and recovery modalities, launched °CRYO Arctic™ series to its line of cutting-edge recovery products.

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    Study objectives of Cryotherapy Market Report:

    • To provide a detailed analysis of the market structure along with the Cryotherapy market forecast of various segments and sub-segments of the Cryotherapy market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Cryotherapy market trends that influence the global Cryotherapy market

    Detailed TOC of Cryotherapy Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Applications of Cryosurgery
    4.2.2 Technological Advancements in Cryotherapy Equipment
    4.2.3 Rising Preference Towards Minimally Invasive Techniques
    4.3 Market Restraints
    4.3.1 Hazardous Effects of Cryogenic Gases
    4.3.2 Complexity of the Cryotherapy Mechanisms
    4.4 Porter’s Five Force Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Product
    5.1.1 Cryosurgery Devices
    5.1.1.1 Tissue Contact Probes
    5.1.1.2 Tissue Spray Probes
    5.1.1.3 Epidermal and Subcutaneous Cryoablation Devices
    5.1.2 Localized Cryotherapy Devices
    5.1.3 Cryochambers & Cryosaunas
    5.2 Application
    5.2.1 Surgical Applications
    5.2.1.1 Oncology
    5.2.1.2 Cardiology
    5.2.1.3 Dermatology
    5.2.1.4 Other Surgical Applications
    5.2.2 Pain Management
    5.2.3 Recovery, Health, and Beauty
    5.3 End User
    5.3.1 Hospitals
    5.3.2 Cryotherapy Centers
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East and Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East and Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Medtronic
    6.1.2 Impact Cryotherapy
    6.1.3 Zimmer Medizinsysteme
    6.1.4 Metrum Cryoflex
    6.1.5 Brymill Cryogenic Systems
    6.1.6 Cryoconcepts
    6.1.7 Kriosystem Life
    6.1.8 CryoUSA
    6.1.9 Cooper Surgical
    6.1.10 Quantum Cryogenics

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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