Portland, OR -- (SBWIRE) -- 08/29/2017 -- Cryosurgery is a medical procedure carried out using extreme cold temperature. It is a part of cryotherapy that is used to destroy or remove diseased tissues. Cryosurgery, being a minimal invasive procedure, is generally preferred over open surgeries. Hence, the demand for such procedures boosts the cryosurgery market.

Increasing awareness, rising demand for minimally invasive therapies, usage of cryosurgery in combination with other therapies, and technological advancements drive the growth of the cryosurgery market. Although there are various merits that favor the acceptance of cryosurgery, there are some demerits such as several side effects, regulatory issues, and high costs that are the major restraints of this market. But as technology advances, the drawbacks are bound to disappear and untapped market opportunities in developing countries will further increase the market growth.

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The global cryosurgery market is segmented on the basis of type, device, application, and region. By type it is segmented into ice pack therapy, cryosurgery, and chamber therapy. On the basis of device type it is segmented into cryogun, cryo-chambers, gas cylinders, cryo probes, cryo-saunas, thermocouple devices, and others. On the basis of application, it is segmented into dermatology, oncology, pain management, trigeminal neuralgia, cardiology, and others.

Geographically the market has been analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).

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The market is mainly dominated by companies such as Galil Medical Inc., HealthTronics, Inc., KryoLife Inc, Medtronic plc, GRAND Cryo LLC, Erbe USA, Incorporated, Wallach Surgical Devices, MedGyn Products, Inc., CryoCOncepts LP, and Mectronic Medical esrl.

Global Cryosurgery Market Key Segments:

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By Type

Ice Pack Therapy
Cryosurgery
Chamber Therapy

By Device

Cryogun
Cryo-Chambers
Gas Cylinders
Cryo Probes
Cryo-saunas
Thermocouple Devices
Others

By Application

Dermatology
Oncology
Pain management
Trigeminal neuralgia
Cardiology
Others

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
Rest of LAMEA