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Cryotherapy Market Outlook 2019 | Shows Industry Overview, Size, Share, Remarkable Growth Factors, Types, and Applications Forecast to 2024

Cryotherapy

The “Cryotherapy Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Cryotherapy industry. The information available in the Cryotherapy market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Cryotherapy market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Cryotherapy Market:

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

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    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.

    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.

    Reasons for Buying Cryotherapy Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    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.

    Cryotherapy Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    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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