openPR Logo
Press release

Cryotherapy Market to Reach a Valuation of US$ 4 Billion by 2024

12-20-2017 12:51 PM CET | Health & Medicine

Press release from: Persistence Market Research Pvt. Ltd

Cryotherapy Market to Reach a Valuation of US$ 4 Billion by 2024

According to a study conducted by Persistence Market Research (PMR), the global market for cryotherapy is set to witness a CAGR of 6.5% during the forecast period 2016-2024. According to the study, North America will continue to be the leading market for cryotherapy globally during the forecast period.

View Report Preview @ https://www.persistencemarketresearch.com/market-research/cryotherapy-market.asp

Suppliers are emphasizing on ensuring affordable and adequate supply of gas in order to provide smoother maintenance services to clients, while steadily increasing the range of non-gas equipment.

Higher investments in training programs on cryosurgical approach are anticipated to broaden the pool of skilled resources/surgeons.While growing popularity of minimally invasive procedures is propelling the demand for cryosurgery equipment, lack of information on treatment option and complex regulatory nature of cryosurgery equipment is likely to curb the overall market growth.
On the other side, higher success ratio of cryotherapy and availability of affordable treatment is expected to drive the growth of the global cryotherapy market over the forecast period. In addition, robust adoption the by sports and athletes associations and favorable reimbursement policies are influencing the overall market to expand at a pronounced rate.

Likewise, increasing strategic partnerships between healthcare associations and sports bodies is identified as a major trend governing the market. Moreover, factors such as fragmented nature of the market and presence of a handful of established player and many local vendors are expected to play a major role in shaping the market in the near future.

Based on products type, demand for cryochambers will remain strong during the assessment period, surging at a compound annual growth rate of nearly 7% over 2024. Expansion of production capacity would render the segment achieve market exclusivity.

Based on application, in 2016, the oncology segment was estimated to account for nearly 80% share of the market in terms of value. The segment is expected to witness a steady growth during the forecast period. Whereas, dermatology is expected to be the fastest growing segment, reflecting a CAGR of over 7% with an incremental opportunity of US$ 76.1 Million between 2016 and 2024.

Request to View Sample of Research Report @ https://www.persistencemarketresearch.com/samples/12751

By end user, hospitals are projected to be the fastest growing segment of the market. In addition, the segment is set to ride on a CAGR on 6.8% to reach US$ 2,479.3 Million by the end of 2024.

North America holds the lion’s share of global cryotherapy market partly due to the robust adoption of cryotherapy in healthcare, cosmetic, and wellness industry in the region. Europe is the second largest market for cryotherapy. In addition, the region is expected to rake in over US$ 1,001 Million in revenue by the end of the assessment period, with the UK, Germany and France being the top three attractive markets.

Whereas, APAC sits in the third position and is expected to contest for a higher position in the global market owing to the incessant installation of cryochambers and cryosurgical equipment in countries such as Japan, China, and Australia.

Key players functioning in the global market for cryotherapy include Zimmer MedizinSysteme GmbH, Erbe Elektromedizin GmbH, Impact Cryotherapy Inc., KrioSystem Sp. z.o.o ., The Cooper Companies Inc., Metrum Cryoflex Sp. z o.o., Sp. K., Novotech S.R.O, Air Products and Chemicals, Inc. etc. Most suppliers of cryosurgery equipment and cryochambers are focusing on improving their services in order to meet the rising consumer expectation worldwide.

Buy now @ https://www.persistencemarketresearch.com/checkout/12751

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research

305 Broadway

7th Floor, New York City,

NY 10007, United States,

Telephone - +1-646-568-7751

USA – Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com

Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cryotherapy Market to Reach a Valuation of US$ 4 Billion by 2024 here

News-ID: 869914 • Views:

More Releases from Persistence Market Research Pvt. Ltd

Innovative Rehabilitation Technologies Drive Growth in Stroke Rehabilitation Market to Hit Surpass US$ 679.6 Million by 2032
Innovative Rehabilitation Technologies Drive Growth in Stroke Rehabilitation Mar …
Stroke Rehabilitation Market Size The global stroke rehabilitation market size was valued at US$ 266.4 million in 2021 and is expected to grow at a CAGR of 9% from 2022 to 2032. Revenue generated from the sales of stroke rehabilitation solutions will surge to US$ 679.6 Million by the end of 2032. The growth of the market is being driven by the increasing incidence of strokes, the growing demand for innovative rehabilitation
Launch of New Laser-Based Devices by Key Players Fueling Growth of Global Aesthetic Lasers Market
Launch of New Laser-Based Devices by Key Players Fueling Growth of Global Aesthe …
Market Study on Aesthetic Lasers The aesthetic lasers market reached US$2.8 billion in global revenue in 2021, and it will continue to expand quickly, with a value CAGR of 6.4%, to reach US$5.5 billion by the end of 2032. The growth of the market is being driven by the increasing demand for minimally invasive cosmetic procedures, rising disposable income, technological advancements, and growing medical tourism. Stay Ahead with Market Intelligence Get Free
Predictive Insights for Precision Medicine: The Global Biosimulation Market is Set to Hit USD 10 billion by 2030
Predictive Insights for Precision Medicine: The Global Biosimulation Market is S …
Biosimulation Market Research The Global Biosimulation Market Size was valued at USD 2.9 billion in 2022 and is expected to reach USD 10.0 billion by 2030, registering a CAGR of 16.9% during the forecast period. The growth of the biosimulation market is being driven by the increasing use of biosimulation in a variety of applications, such as drug discovery, clinical trials, and toxicity prediction.  Market Overview The biosimulation market has experienced rapid growth
Wheelchair and Components Market: Growing Demand for Lightweight and Smart Wheelchairs to Boost Growth
Wheelchair and Components Market: Growing Demand for Lightweight and Smart Wheel …
Wheelchair and Components Market The global wheelchair and components market is projected to reach USD 17.9 billion by 2033, at a CAGR of 3.7% from 2022-2033. The growth of the market is driven by the increasing prevalence of disabilities, the rising geriatric population, and technological advancements in wheelchair design and manufacturing. Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/12961 The global wheelchair and components market has witnessed significant growth in

All 5 Releases


More Releases for Cryotherapy

Global Cryotherapy Devices Market 2020 Growth Analysis - Medtronic, Brymill Cryo …
Global Cryotherapy Devices Market 2020 by Manufacturers, Type and Application, Forecast to 2025 currently an appended report by MarketsandResearch.biz shows an expert and comprehensively analyzed recent business trends and upcoming market growth outlooks. The report will help you make informed decisions, know opportunities, plan new projects, explore drivers and restraints, plan effective business strategies, and provides an in-depth vision on the industry forecast for 2020 to 2025 time-period. The report
Cryotherapy Market Emerging Trends | Medtronic, Galil Medical, CooperSurgical, I …
ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This report on the global Cryotherapy Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team. Cryotherapy Market report spread across 120 Pages, Profiling 12 Companies and Supported with
Cryotherapy Market: North America region anticipated to dominate the global cryo …
According to a study conducted by Persistence Market Research (PMR), the global market for cryotherapy is set to witness a CAGR of 6.5% during the forecast period 2016-2024. According to the study, North America will continue to be the leading market for cryotherapy globally during the forecast period. To know key findings Request Sample Report @: https://www.persistencemarketresearch.com/samples/12751 Highlights from the Report Suppliers are emphasizing on ensuring affordable and adequate supply of gas in
Cryotherapy and Cryosurgery Market by Ice Pack Therapy, Instant Ice Pack Therapy …
The Global Cryotherapy and Cryosurgery Market has been segmented on the basis of type which comprise Ice pack therapy, instant ice pack therapy, whole body cryotherapy, partial body cryotherapy, internal cryotherapy and others. On the basis of devices type it is segmented into cryogun, cryo chambers, gas cylinders, cryo probes, cryosaunas thermocouple devices and others. On the basis of application it is segmented into dermatology, oncology, pain management, trigeminal neuralgia,
Cryotherapy and Cryosurgery Market 2018 Top Key Players - Impact Cryotherapy, Ga …
The Global Cryotherapy and Cryosurgery Market is expected to grow at the average CAGR of 6.9% which has started since 2015 and is expected to continue till 2023, thus growth period of this market can be stated as from 2015-2023. Cryotherapy, this medical practice have been used since ages. Cryotherapy and cryosurgery both these medical process are carried on using low temperature. Cryotherapy treatment uses extreme cold temperature. Cryosurgery is a
Cryotherapy and Cryosurgery Market 2017 Key Players- Cryotherapy , Galil Medical …
Market research future has a cooked research report on Cryotherapy and Cryosurgery Market. Clinical laboratory test market is growing rapidly and expected to continue its growth by the end of 2023. Cryotherapy and Cryosurgery Market information, by Type (Ice Pack Therapy, Instant Ice Pack Therapy, Whole Body Cryotherapy, Partial Body Cryotherapy, Internal Cryotherapy and others), by Device Type (Cryogun, Cryo Chambers, Gas Cylinders, Cryo Probes, Cryosaunas, Thermocouple Devices, and others), by