Global Cryosurgery Market
Global Cryosurgery Market was valued $XX Mn in 2019 and is expected to reach $XX Mn by 2026, at a CAGR of 10.1% during forecast period.
Global Cryosurgery Market Overview:
Cryosurgery
is the procedure, which is performed using a freezing liquid or an
instrument called a cryoprobe used to destroy abnormal tissue. A
cryoprobe is cooled with substances such as liquid nitrogen, liquid
nitrous oxide, or compressed argon gas. Cryosurgery is used to treat
cancer and some conditions that may become cancer.
Global Cryosurgery Market Dynamics:
Growing popularity of the cryosurgical procedures is the major factor driving the market growth.
The
rising demand for minimally invasive surgical procedures contributes to
the increasing popularity of cryosurgical procedures. Increasing cases
of cancer worldwide and the application of cryosurgery in cancer
treatment fuels the market growth. Usage of cryosurgery in combination
with other therapies, and technological advancements drive the growth of
the cryosurgery market. Cryosurgery is also used in the treatment of
arthritis and rheumatoid conditions which will boost market growth for
cryosurgery during the forecast period.
The report has profiled
fifteen key players in the market from different regions. However,
report has considered all market leaders, followers and new entrants
with investors while analyzing the market and estimation the size of the
same. Increasing R&D activities in each region are different and
focus is given on the regional impact on the cost, availability of
advanced technology are analyzed and report has come up with
recommendations for future hot spot in APAC region.
Global Cryosurgery Market Segment Analysis:
The global Cryosurgery Market is segmented on the basis of Type, Devices and Applications.
Based on the Application, the oncology segment is expected to hold a major market share XX% in 2019 of the market owing to the higher prevalence of cancer and rising preference towards minimally invasive surgery. According to the World Health Organization, the burden of cancer in 2018 was around 18.1 million cases globally. It is the second leading cause of death worldwide, causing around 9.6 million deaths according to the above-mentioned source.
Global Cryosurgery Market
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Global Cryosurgery Market Regional Insights:
Global Cryosurgery Market Regional Insights
North America is expected to account for prominent market share during forecast period.
The
increasing number of surgical procedures in the region, rapid product
launches, and expansion of product indication are the primary factors
driving the growth of the cryotherapy market in North America. Also,
well-established healthcare infrastructure, high per capita expenditure,
and huge government investment in healthcare boost the market growth.
On 8th May 2019, CryoConcepts received FDA clearance on two new
cryosurgical devices, CryoTouch and CryoLab.
The report also helps in
understanding Global Cryosurgery Market dynamics, structure by
analyzing the market segments and project the Global Cryosurgery Market
size. Clear representation of competitive analysis of key players by
product, price, financial position, product portfolio, growth
strategies, and regional presence in the Global Cryosurgery Market make
the report investor’s guide.
Global Cryosurgery Market Scope: Inquire before buying
Global Cryosurgery Market
Global Cryosurgery Market, by Region
• North America
• Europe
• South America
• MEA
• APAC
Global Cryosurgery Market, Key Players:
• Wallach Surgical Devices
• CryoConcepts LP
• Mectronic Medicale srl
• Medtronic
• Brymill Cryogenics Systems
• Cryoalfa Europe Ltd
• CryoProbe
• Cortex Technology
• Impact Cryotherapy
• Galil Medical Inc.
• HealthTronics, Inc.
• KryoLife Inc
• GRAND Cryo LLC
• Erbe USA
• MedGyn Products, Inc.
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