Press release
Asian Cryotherapy Units Market 2018-2025: American Segment is Expected to Account for The Largest Share
Asian Cryotherapy Units Market valued approximately USD XXX billion in 2016 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2017-2025. The growth of this market is majorly driven by factors such as growing incidence of cancer and cardiac conditions; increasing demand for minimally invasive procedures; technological advancements in cryotherapy equipment; and growing popularity in the beauty, wellness, and fitness industries. In the cryotherapy report, the market is segmented on the basis of product, application, end user, and region. On the basis of product, the global market is segmented into cryosurgery devices, localized cryotherapy devices, and cryochambers & cryosaunas. The cryosurgery devices segment is further divided into tissue contact probes, tissue spray probes, and epidermal & subcutaneous cryoablation devices. The cryosurgery devices segment is expected to register the highest CAGR during the forecast period. The high growth in this segment can be attributed to the increasing preference for minimally invasive procedures and technological advancement in cryosurgery devices.The industry is seeming to be fairly competitive. Some of the leading market players include Juka, MECOTEC, Zimmer MedizinSysteme., Cryomed, KRION, Asperia Group., METRUM, HakoMed, Kriosystem Life, TIME, Titan Cryo, US Cryotherapy, CRYO Science, Impact Cryotherapy, Grand Cryo, Cryonic Medical, Kriomedpol, Cryo Manufacturing and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
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The geographic segments in this report include North America, Europe, Asia Pacific, and Rest of worls. Of these, the North American segment is expected to account for the largest share of the market in 2017. The large share of this region can be attributed to the increasing popularity of cryosaunas and rising prevalence of CVDs and cancer in the US, along with the increasing number of cardiac arrest cases in Canada.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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The detailed segments and sub-segment of the market are explained below:
By Regions:
Asia Pacific
o China
o India
o Japan
o Korea
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
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Target Audience of the Asian Cryotherapy Units Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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