Precision Business Insights (PBI) in its report titled “Global Cryotherapy Devices Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over six years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

 

The global cryotherapy devices market was valued at US$ 3,572.8 Mn in 2018 and growing at a CAGR of XX% over the forecast period owing to rising prevalence of cancer and rising adoption of minimally invasive procedures (For instance, according to ACS, In 2019, there will be an estimated 1,762,450 new cancer cases diagnosed and 606,880 cancer deaths in the United States) are expected to support the growth of the market. Moreover, growing popularity of cryotherapy in treatment of musculoskeletal conditions, cancers, chronic pain, and cosmetic treatments fuels the growth of the market. However, side effects that are caused by cryotherapy devices are expected to restrain the growth of the market.

 

Global cryotherapy devices market segmented on the basis of device type, application, end user, and region.

 

For request sample: https://www.precisionbusinessinsights.com/request-sample?product_id=15672

 

           

Cryo Chambers segment accounted for higher revenue share

 

Based on device type, global cryotherapy devices market segmented into Cryogun, Cryo Probes, Cryo Chambers, and Others. Cryo Chambers segment market accounted US$ XX Mn in 2018 and projected to dominate over the forecast period due to the active cryotherapy chamber applications in fitness studios, spas, and medical offices has increased in the past few years. The rapid adoption of Cryo chambers in the spas, medical offices, and fitness studios are expected to fuel the growth of the market.

North America is expected to dominate Global Cryotherapy Devices Market

 

PBI’s global cryotherapy devices market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. According to regional analysis, North America is expected to account for larger revenue share in 2018 and the same trend is projected to follow over 2019-2025 owing to well-established healthcare infrastructure, availability of trained professionals, and flexible reimbursement policies are also contributing to the growth of cryotherapy devices market in these regions. Asia-Pacific is expected to show fastest growth rate owing to increasing patient number of cryosurgery in cancer and skincare treatments along with the rapidly developing healthcare infrastructure in the emerging economies.

Key Developments  

 

• In June 2017, Channel Medsystems received CE Mark for its Cerene Cryotherapy Device (Cerene device) to market in Europe.
• In June 2015, BTG Plc acquired Galil Medical, a leading provider of cryotherapy products, to expand its product portfolio and R&D

 

Key player’s profiles in the report are Cynosure, Inc. (US), MICHELSON DIAGNOSTIC (UK), Cryonic Medical (France), ZAMAR CARE (Croatia), Zimmer Medizin Systeme GmbH (Germany), MECOTEC GmbH (Germany), and Hakomed Italia (Italy).

 

Detailed Segmentation

 

By Device Type    

• Cryogun
• Cryo Probes
• Cryo Chambers
• Others

By Application  

• Oncology
• Cardiology
• Dermatology
• Pain management
• Others

By End User

• Hospitals
• Ambulatory Surgical Centers
• Others 

Geography

• North America

• U.S
• Canada

• Europe

• Germany
• France
• U.K
• Italy
• Spain
• Russia
• Poland
• Rest of Europe

• Asia-Pacific

• Japan
• China
• India
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific

• Latin America

• Brazil
• Mexico
• Argentina
• Rest of Latin America

• Middle East and Africa (MEA)

• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA

For more information: https://www.precisionbusinessinsights.com/market-reports/global-cryotherapy-devices-market/

 

Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customized market research services based on our client needs.

 

Kemp House,

152 – 160 City Road,

London EC1V 2NX

Email: sales@precisionbusinessinsights.com

Toll Free (US): +1-866-598-1553

Website @ https://www.precisionbusinessinsights.com