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17.07.2017 22:15:00

Global Cryosurgery Devices Market to Grow at a CAGR of 7.3% by 2021: Analysis By Product & End User

DUBLIN, July 17, 2017 /PRNewswire/ --

The "Global Cryosurgery Devices Market 2017-2021" report has been added to Research and Markets' offering.

The global cryosurgery devices market to grow at a CAGR of 7.34% during the period 2017-2021.

The report, Global Cryosurgery Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

One trend in the market is rising R&D through clinical trials. Manufacturers are undertaking R&D through clinical trials to prove the efficiency of non-invasive surgeries to the population. The outcome of these clinical trials will decrease turnaround time and hospital stays.

According to the report, one driver in the market is lower turnaround time required for cryosurgeries. Cryosurgery is the controlled destruction of cancerous tissue using extreme cold. It is an effective method of treating benign, premalignant, and malignant cutaneous lesions. The increased precision and accuracy of these procedures have increased the adoption of these devices worldwide. Cryosurgery is less invasive and involves fewer complications compared with conventional resection procedures.

Further, the report states that one challenge in the market is complications associated with cryosurgeries and product recalls. When products lead to patient injury or fatalities, manufacturers either voluntarily recall them from the market or regulators may suspend their sales. Product recalls not only affect the sales and earnings of a vendor in the short run but also affect their operations for an extended period. Furthermore, product recalls affect the profitability and brand image of vendors. There have been numerous instances of device recalls in the cryosurgery devices market.

Key vendors

  • Brymill Cryogenic Systems
  • Medtronic
  • Wallach Surgical Devices
  • Galil Medical (BTG)

Other prominent vendors

  • CORTEX TECHNOLOGY
  • CryoConcepts
  • Cryoswiss
  • Cryonic Medical
  • CryoSurgery
  • Erbe Medical
  • gbo Medizintechnik
  • H&O Equipments
  • Others

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product

PART 07: Market segmentation by end-user

PART 08: Geographical segmentation

PART 09: Decision framework

PART 10: Drivers and challenges

PART 11: Market trends

PART 12: Vendor landscape

PART 13: Key vendor analysis

For more information about this report visit https://www.researchandmarkets.com/research/7j4zg2/global

Media Contact:

Laura Wood, Senior Manager
press@researchandmarkets.com

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