According to the Report, the Size of the Asia Pacific Cryotherapy and Cryosurgery Market is valued at USD 0.5 billion in 2019 and expected to grow at a CAGR of 8.5%, to reach USD 0.75 billion by 2024 during the forecast period 2019-2024.
Cryotherapy is the local or general use of low temperature in medical treatments, used to treat a wide range of benign and malignant tissue damages, which are medically referred as lesions. Cryosurgery is a type of surgical treatment that involves the use of extremely cold temperatures to treat abnormal or diseased tissue and is widely used in skin treatments. Cryotherapy and Cryosurgery are a therapeutics and surgical procedures performed at very low temperatures.
Factors fuelling the growth of the market are wide use of cryotherapy to treat sports-related injuries, increasing incidences of skin-related diseases and cancers, increasing awareness and consciousness skin treatments and cancer-treating procedures. However, side effects, strict regulatory framework, and high treatment costs are the factors hindering the growth of the market.
Asia Pacific Cryotherapy and Cryosurgery Market has been segmented and sub-segmented into the following categories
On the basis of type, the most common type of treatment is cryosurgery as this procedure helps in treating various cancers and skin diseases while icepack therapy is expected to grow the fastest.
On the basis of Application, Cancer therapy is the most widely applied field for cryotherapy while skin treatments are expected to grow the fastest due to recent advancements in technologies.
On the basis of region, China holds the major share in the market due to the presence of market leaders as well as a well-developed healthcare infrastructure and extensive use of sprains in sports-related injuries treatment.
India is the fastest-growing region due to increasing expenditure on research and development as well as innovations and advancements in medical fields.
Top Companies dominating the Asia Pacific Cryotherapy and Cryosurgery Market Profiled in the Report are Impact Cryotherapy, Galil Medical Inc., HealthTronics, Inc., KryoLife Inc, Medtronic, GRAND Cryo LLC, Erbe USA, Incorporated, Wallach Surgical Devices, MedGyn Products, Inc. and CoolTouch Inc.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Technique
5.1.1 Introduction
5.1.2 Spray
5.1.3 Foreceps
5.1.4 Cryo Probe
5.1.5 Others
5.1.6 Y-o-Y Growth Analysis, By Technique
5.1.7 Market Attractiveness Analysis, By Technique
5.1.8 Market Share Analysis, By Technique
5.2 Type
5.2.1 Introduction
5.2.2 Cryosuregery
5.2.3 Icepack Therapy
5.2.4 Cryogenic Chamber Therapy
5.2.5 Others
5.2.6 Y-o-Y Growth Analysis, By Type
5.2.7 Market Attractiveness Analysis, By Type
5.2.8 Market Share Analysis, By Type
5.3 Application
5.3.1 Introduction
5.3.2 Cancer Therapy
5.3.3 Skin Disease Treatment
5.3.4 Other Applications
5.3.5 Y-o-Y Growth Analysis, By Application
5.3.6 Market Attractiveness Analysis, By Application
5.3.7 Market Share Analysis, By Application
5.4 Devices
5.4.1 Introduction
5.4.2 Cryogun
5.4.3 Probes
5.4.4 Cryogen
5.4.5 Others
5.4.6 Y-o-Y Growth Analysis, By Devices
5.4.7 Market Attractiveness Analysis, By Devices
5.4.8 Market Share Analysis, By Devices
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Technique
6.1.3.3 By Type
6.1.3.4 By Application
6.1.3.5 By Devices
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Technique
6.1.4.3 By Type
6.1.4.4 By Application
6.1.4.5 By Devices
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Technique
6.1.5.3 By Type
6.1.5.4 By Application
6.1.5.5 By Devices
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
6.7 Rest of APAC
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Impact Cryotherapy
8.1.1 Overview
8.1.2 Technique Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Galil Medical Inc.
8.3 HealthTronics, Inc.
8.4 KryoLife Inc
8.5 Medtronic
8.6 GRAND Cryo LLC
8.7 Erbe USA, Incorporated
8.8 Wallach Surgical Devices
8.9 MedGyn Products, Inc.
8.10 CoolTouch Inc
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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