ID: PMRREP32716| Upcoming | Format: PDF, Excel, PPT* | Healthcare
According to the newest research by Persistence Market Research, cryotherapy spray systems market is set to observer a 4-5% growth throughout the forecast years 2021-2031. The market is expected to observer growth owing to an increase in demand for cryotherapy spray systems due to rise in adoption of cryotherapy in various surgeries.
Increase in awareness about minimal invasion surgeries also this is an effective therapy for airways and chronic diseases. This are some factor that can boost the market.
Cryotherapy spray system works by freezing and liquefying cells at surgery site, destroying the cells and tissue which are affected same time conserving the extracellular matrix. This system is innovative procedures that usages very cold liquid nitrogen to flash freeze the cells.
Key factor driving the growth of the cryotherapy spray systems due to its unique quality which is less time consuming and easy for surgeons. Rise in adoption of minimal invasive procedures for most of surgeries. Implementation of cryotherapy in common medical procedures to treat diseases and helps in overcoming illnesses.
Moreover, Patients are shifting their focus to cryotherapy due to it painless therapy and devices applied directly at the spot of surgery or injury which provides high comfort level to the patients. This factor can drive the demand for this spray cryotherapy.
Cryotherapy Spray Systems is basically used two probes and liquid nitrogen at extreme low temperature which freezes cells immediately and infected cell dies. This reduce operation hours for doctors with minimum-invasive operating practices.
Traditional invasive surgeries has been replaced by non-invasive and painless techniques i.e. most accepted by patients. Therefore, such advantageous benefit provided by cryotherapy spray systems devices augment the market growth over the forecast period.
U.S and Canada has reported high number of age old people who prefer to have minimal invasion surgery for speedy recover. Almost all age groups are more susceptible to airways diseases. The ageing population faces a significant risk of developing severe illness due to the physiological changes and potential underlying health conditions of geriatric population. This factor can boost the market in this region.
According to a statistical data, in 2020, in the population of 25 million men aged over 65 years, 23,487 fatality cases were reported, while 2,765 fatality cases were reported among 31 million women above 65 years in the U.S.
Growing prevalence of various health problems such as cancer, heart disorder, skin problem, pain, airways disorders, cosmetic therapy and many more, all together is boosting the market.
Furthermore, manufacturers are coming up with novel technology due to a shifting trend towards painless surgeries, which is further projected to complement the growth of the market during the forecast period.
Furthermore, technological developments in case of cryotherapy spray systems devices are likely to augment the market growth.
Some of the leading manufacturers and suppliers of cryotherapy spray systems include
Increasing focus on research and development to launch safe and effective cryotherapy spray systems to strengthen its product portfolios and revenue
In 2019, Medtronic collaborated with Phillips (Netherlands) to facilitate to get integrated solution for cryoablation procedures, for the advance treatment of paroxysmal atrial fibrillation (PAF), a common heart rhythm disorder.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
By Product Type
By Age Group
By Application
By Distribution Channel
By Region
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Delivery Timelines
For more information on this report and its delivery timelines please get in touch with our sales team.