Cryotherapy Market Size Worth $8.4 Billion By 2028 | CAGR: 10.3%: Grand View Research, Inc.

Read 103 page research report with ToC on "Cryotherapy Market Size, Share & Trends Analysis Report By Therapy Type (Cryosurgery, Chamber Therapy), By Device Type (Cryogun, Cryo Probes), By Application (Surgical Applications, Pain Management), By End-use, And Segment Forecasts, 2021 - 2028" at:https://www.grandviewresearch.com/industry-analysis/cryotherapy-market  Read 103 page research report with ToC on "Cryotherapy Market Size, Share & Trends Analysis Report By Therapy Type (Cryosurgery,...

Read 103 page research report with ToC on "Cryotherapy Market Size, Share & Trends Analysis Report By Therapy Type (Cryosurgery, Chamber Therapy), By Device Type (Cryogun, Cryo Probes), By Application (Surgical Applications, Pain Management), By End-use, And Segment Forecasts, 2021 - 2028" at:https://www.grandviewresearch.com/industry-analysis/cryotherapy-market 

Approval and introduction of technologically advanced cryotherapy devices by key players operating in the space are anticipated to significantly support market growth during the forecast period. For instance, in June 2020, Beaver Visitec International (BVI), a U.S.-based ophthalmic devices manufacturer, launched its new CryoTreq, a handheld cryo-surgery device in the European market. This newly launched device is approved for the treatment of retinal tears and detachments. Similarly, in April 2019, Channel Medsystems, Inc., received the FDA approval for its Cerene Cryotherapy Device intended for the treatment of heavy menstrual bleeding. This newly approved device delivers cold therapy to freeze the lining of the uterus to significantly diminish future menstrual bleeding.

Furthermore, the high prevalence of various chronic conditions such as cancer, arthritis, pain, among others, and increasing awareness about the usage of cold therapy for their treatment has further fueled the market growth. As per the Globocan estimates, in 2020, around 19,292,789 new cases of cancer were diagnosed, globally. Also, as per the CDC estimates, in 2020, around 63.0 million adults were suffering from arthritis in the U.S. This number is expected to reach around 78.0 million by 2045.

Grand View Research has segmented the global cryotherapy market on the basis of therapy type, device type, application, end-use, and region:

List of Key Players of Cryotherapy Market

Find more research reports on Medical Devices Industry, by Grand View Research:

Gain access toGrand View Compass, our BI enabled intuitive market research database of 10,000+ reports

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: [email protected] 
Web: https://www.grandviewresearch.com 
Follow Us: LinkedIn | Twitter 

Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg