Cryotherapy Devices Market By Type (Cryosurgery Devices, Whole Body Cryotherapy Devices (Cyrochambers), Partial Body Cryotherapy Devices), By Application (Pain Management, Surgical Applications, Others) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026
Industry Outlook
Growing adoption of minimally invasive procedures and enhanced safety profile of cryoablation and cryotherapy are the key factors that are determining the overall trends in the global cryotherapy devices market. These factors have led to increased adoption of cryotherapy devices in cardiology, renal conditions, pain management and tumor removal. Cryotherapy mainly involved administration through very low temperatures in surgery and chambers. Agents such as carbon dioxide, argon, liquid nitrogen and dimethyl ether propane are extensively employed in cryotherapy applications. Increasing popularity of cryotherapy in treatment of several cancers, musculoskeletal conditions, chronic pain and cosmetic treatments is also witnessed in the market, where critically high emphasis is observed in dermatology and beauty treatments.
The global cryotherapy devices market, by product types is segmented into cryosurgery devices whole body cryotherapy devices and partial body cryotherapy devices. Cryosurgery devices segment is further classified as contact probes, spray probes and epidermal and subcutaneous cryoablation devices. At present, cryosurgery devices command the global market and is expected to retain its dominance through the forecast period. Cryosurgery involves minimally invasive procedure and is therefore in high demand in the global markets. Treatment of cardiovascular diseases and tumors by freezing the damaged or cancerous tissue is gaining high demand due to its proven safety. Further adjoining chemotherapy and hormonal therapy with cryosurgery promoted improved treatment outcomes. Application of cryotherapy in dermatology is anticipated to gain rapid market growth during the forecast period. Cryosurgery is easily performed in office settings with high safety, and has wide dermatological application in treating conditions such as actinic keratosis, benign neoplasms, seborrheic keratosis and carcinoma.
"Surgical applications is the highest revenue generating segment"
Based on the application areas, the global cryotherapy market is segmented into pain management, surgical applications, and others. Among these, surgical applications dominate the global market, wherein the demand for oncology application is the highest. In the recent years, there has been an increasing demand for minimally invasive surgical procedures. Advancements in intraoperative imaging techniques are primarily attributed to the growing demand for minimally invasive surgical procedures. For the purpose of tumor management with cryosurgery, intraoperative ultrasound guidance is employed.
"North America set to remain the largest regional market"
North America currently is the largest regional market for cryotherapy devices. The dominance of this region is attributed to high prevalence of cancer demanding minimally invasive surgeries, swift approvals for novel devices, and better reimbursements. Significant prevalence of cancer in the region, along with high preference for employing novel surgical solutions is also a key characteristic of North America market. Furthermore, the demand for asthetic procedures for anti-aging and sun damage repair is also contributing to growing demand for cryotherapy devices in North America. The demand for whole body cryotherapy devices (cryochambers) is significantly high in the region. Proliferation of asthetics and cosmetics, and overall wellbeing industry is also contributing to the high demand for whole body cryotherapy devices.
Historical & Forecast Period
This research report presents the analysis of each considered segment for the period from 2016 to 2026, having 2017 as the base year for estimations. Compounded annual growth rates (CAGRs) for each segment are calculated for the forecast period from 2018 to 2026.
This report also includes qualitative information sets for each segment considered along with other information such as market trends, drivers, challenges and opportunities. Market positioning of key players operating in this industry is also graphically demonstrated in this study. The report concludes with profiling of major companies occupying key position in the global market. The major market players profiled in this report include US Cryotherapy, Impact Cryotherapy, Cryo Innovations, Medtronic plc, Cryoconcepts LP, CooperSurgical, Inc., Zimmer MedizinSysteme GmbH, METRUM CRYOFLEX Sp. z o.o., Sp. k., Erbe Elektromedizin GmbH, Cryoswiss GmbH, Brymill Cryogenic Systems, and Galil Medical, Inc.
Key questions answered in this report
- What is the forecasted size of the global cryotherapy devices market in 2026?
- Will the dominance of the cryosurgery devices segment challenged by any other product type?
- Which are the key driving factors contributing to the dominance of oncology surgical devices segment?
- Will the rapidly growing Asia Pacific market surpass the robust North America market within the forecast period?
Chapter 1. Preface
1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Assumptions
1.4. Market Segmentation
Chapter 2. Executive Summary
2.1. Global CD Market Portraiture
2.2. Global CD Market, by Type, 2017 (US$ Mn)
2.3. Global CD Market, by Application, 2017 (US$ Mn)
2.4. Global CD Market, by Geography, 2017 (US$ Mn)
Chapter 3. Global Cryotherapy Devices (CD) Market: Dynamics and Future Outlook
3.1. Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global CD Market, by Key Players, 2017
Chapter 4. Global Cryotherapy Devices (CD) Market, by Type, 2016 - 2026 (US$ Mn)
4.1. Overview
4.2. Cryosurgery Devices
4.2.1. Contact Probes
4.2.2. Spray Probes
4.2.3. Epidermal and Subcutaneous Cryoablation Devices
4.3. Whole Body Cryotherapy Devices (Cyrochambers)
4.4. Partial Body Cryotherapy Devices
Chapter 5. Global Cryotherapy Devices (CD) Market, by Application, 2016 - 2026 (US$ Mn)
5.1. Overview
5.2. Pain Management
5.3. Surgical Applications
5.3.1. Dermatology
5.3.2. Oncology
5.3.3. Cardiology
5.3.4. Others
5.4. Others (Beauty, Health and Wellbeing)
Chapter 6. Global Cryotherapy Devices (CD) Market, by Geography, 2016 – 2026 (US$ Mn)
6.1. Overview
6.1.1. North America CD Market, 2016 - 2026 (US$ Mn)
6.1.2. North America CD Market, by Type, 2016 - 2026 (US$ Mn)
6.1.3. North America CD Market, by Application, 2016 - 2026 (US$ Mn)
6.1.4. North America CD Market, by Country, 2016 – 2026 (US$ Mn)
6.1.4.1. U.S.
6.1.4.2. Canada
6.2. Europe CD Market, 2016 – 2026 (US$ Mn)
6.2.1. Europe CD Market, by Type, 2016 - 2026 (US$ Mn)
6.2.2. Europe CD Market, by Application, 2016 - 2026 (US$ Mn)
6.2.3. Europe CD Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.2.3.1. U.K.
6.2.3.2. Germany
6.2.3.3. Rest of Europe
6.3. Asia Pacific CD Market, 2016 – 2026 (US$ Mn)
6.3.1. Asia Pacific CD Market, by Type, 2016 - 2026 (US$ Mn)
6.3.2. Asia Pacific CD Market, by Application, 2016 - 2026 (US$ Mn)
6.3.3. Asia Pacific CD Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.3.3.1. China
6.3.3.2. Japan
6.3.3.3. Rest of Asia Pacific
6.4. Latin America CD Market, 2016 – 2026 (US$ Mn)
6.4.1. Latin America CD Market, by Type, 2016 - 2026 (US$ Mn)
6.4.2. Latin America CD Market, by Application, 2016 - 2026 (US$ Mn)
6.4.3. Latin America CD Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.4.3.1. Brazil
6.4.3.2. Mexico
6.4.3.3. Rest of Latin America
6.5. Middle East & Africa CD Market, 2016 – 2026 (US$ Mn)
6.5.1. Middle East & Africa CD Market, by Type, 2016 - 2026 (US$ Mn)
6.5.2. Middle East & Africa CD Market, by Application, 2016 - 2026 (US$ Mn)
6.5.3. Middle East & Africa CD Market, by Region, 2016 – 2026 (US$ Mn)
6.5.3.1. GCC
6.5.3.2. Rest of Middle East & Africa
Chapter 7. Company Profiles
7.1. Medtronic plc
7.1.1. Business Description
7.1.2. Financial Information (Subject to Data Availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. US Cryotherapy
7.3. Impact Cryotherapy
7.4. Cryo Innovations
7.5. Cryoconcepts LP
7.6. CooperSurgical, Inc.
7.7. Zimmer MedizinSysteme GmbH
7.8. METRUM CRYOFLEX Sp. z o.o., Sp. k.
7.9. Erbe Elektromedizin GmbH
7.10. Cryoswiss GmbH
7.11. Brymill Cryogenic Systems
7.12. Galil Medical, Inc.
* CD - Cryotherapy Devices
TABLE 1 Global Cryotherapy Devices (CD) Market Portraiture
TABLE 2 Global CD Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 3 Global Cryosurgery Devices Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 4 Global CD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 5 Global CD Market, by Surgical Applications, 2016 – 2026 (US$ Mn)
TABLE 6 Global CD Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 7 North America CD Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 8 North America CD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 9 North America CD Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 10 Europe CD Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 11 Europe CD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 12 Europe CD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 13 Asia Pacific CD Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 14 Asia Pacific CD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 15 Asia Pacific CD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 16 Latin America CD Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 17 Latin America CD Market, by Application, 2016 – 2026 (US$ Mn
TABLE 18 Latin America CD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 19 Middle East and Africa CD Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 20 Middle East and Africa CD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 21 Middle East and Africa CD Market, by Region, 2016 – 2026 (US$ Mn)
TABLE 22 Medtronic plc: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 US Cryotherapy: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 24 Impact Cryotherapy: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 25 Cryoconcepts LP: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 26 CooperSurgical, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 27 Zimmer MedizinSysteme GmbH: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 28 METRUM CRYOFLEX Sp. z o.o., Sp. k.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 29 Erbe Elektromedizin GmbH: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 30 Cryoswiss GmbH: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 31 Brymill Cryogenic Systems: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 32 Galil Medical, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
FIG 1. Cryotherapy Devices (CD) Market: Research Methodology
FIG 2. Market Size Estimation – Top Down & Bottom up Approach
FIG 3. CD Market Segmentation
FIG 4. Global CD Market, by Type, 2017 (US$ Mn)
FIG 5. Global CD Market, by Application, 2017 (US$ Mn)
FIG 6. Global CD Market, by Geography, 2017 (US$ Mn)
FIG 7. Attractive Investment Proposition, by Geography, 2017
FIG 8. Competitive Analysis: Global CD Market, by Key Players, 2017
FIG 9. Global Cryotherapy Contact Probes Market, 2016 - 2026 (US$ Mn)
FIG 10. Global Cryotherapy Spray Probes Market, 2016 - 2026 (US$ Mn)
FIG 11. Global Cryotherapy Epidermal and Subcutaneous Cryoablation Devices Market, 2016 - 2026 (US$ Mn)
FIG 12. Global Whole Body Cryotherapy Devices (Cyrochambers) Devices Market, 2016 - 2026 (US$ Mn)
FIG 13. Global Partial Body CD Market, 2016 - 2026 (US$ Mn)
FIG 14. Global CD Market for Pain Management, 2016 - 2026 (US$ Mn)
FIG 15. Global CD Market for , 2016 - 2026 (US$ Mn)
FIG 16. Global Other CD Market Dermatology, 2016 - 2026 (US$ Mn)
FIG 17. Global CD Market for Oncology, 2016 - 2026 (US$ Mn)
FIG 18. Global CD Market for Cardiology, 2016 - 2026 (US$ Mn)
FIG 19. Global CD Market for Other Surgical Applications, 2016 - 2026 (US$ Mn)
FIG 20. Global CD Market for Other Applications, 2016 - 2026 (US$ Mn)
FIG 21. U.S. CD Market, 2016 - 2026 (US$ Mn)
FIG 22. Canada CD Market, 2016 - 2026 (US$ Mn)
FIG 23. U.K. CD Market, 2016 - 2026 (US$ Mn)
FIG 24. Germany CD Market, 2016 - 2026 (US$ Mn)
FIG 25. Rest of Europe CD Market, 2016 - 2026 (US$ Mn)
FIG 26. China CD Market, 2016 - 2026 (US$ Mn)
FIG 27. Japan CD Market, 2016 - 2026 (US$ Mn)
FIG 28. India CD Market, 2016 - 2026 (US$ Mn)
FIG 29. Rest of Asia Pacific CD Market, 2016 - 2026 (US$ Mn)
FIG 30. Brazil CD Market, 2016 - 2026 (US$ Mn)
FIG 31. Mexico CD Market, 2016 - 2026 (US$ Mn)
FIG 32. Rest of Latin America CD Market, 2016 - 2026 (US$ Mn)
FIG 33. GCC CD Market, 2016 - 2026 (US$ Mn)
FIG 34. Rest of Middle East and Africa CD Market, 2016 - 2026 (US$ Mn)
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