Cryotherapy Market :Comprehensive study of the 2019-2028
Cryotherapy is a minimally invasive treatment that uses freezing or non-freezing temperature to destroy diseased tissues. It is used in treatment of nodules, tumors, pre-cancerous skin moles, skin tags, and retinoblastomas. Cryotherapies are classified as localized cryotherapy and whole-body cryotherapy. Cryotherapy is effective and safe in treatment of localized nerve irritations and is treated by inserting a probe in tissues next to affected nerve. The global cryotherapy market is segmented based on the basis of product type, application, end user and region.
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Increasing incidence of cancer and skin disorder is expected to drive the growth of global cryotherapy market over the forecast period. Technological advancements and innovation by manufacturer in cryotherapy equipment is expected to drive the global cryotherapy market over the forecast period. However, the lack of evidence regarding whole body cryotherapy can thus restrain the adoption of cryotherapy.
Application segment includes oncology, cardiology, dermatology, pain management, and other. The oncology segment contribute major market share in global cryotherapy market and expected to maintain its dominance over the forecast period owing to the increasing incidence of cancer globally and growing demand for minimally invasive procedures.
Regional segmentation includes North America, Europe, Latin America, Asia Pacific and Middle East and Africa. North America contributes major market share and expected to maintain its dominance over the forecast period owing to availability, increasing number of surgical procedures and product launches in the region. Europe regional segment is expected to grow owing to increasing incidence of cancer such as prostate cancer, breast and skin disorder in Germany, UK, France, and Italy. Furthermore, Asia pacific is expected to witness rapid growth over the forecast period.
Some prominent players in the global cryotherapy market are Medtronic Plc., CooperSurgical, Inc., Brymill Cryogenic Systems, Wallach Surgical Devices, Cortex Technology, US Cryotherapy, Metrum Cryoflex, Galil Medical, Inc., Zimmer MedizinSystems, and Kriosystem Life.
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