Below are some of the key findings from the cryosurgery devices market research report
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Global cryosurgery devices industry overview
Over the years, the geriatric population has been increasing significantly across the world. According to the US Census Bureau, the global geriatric population will exceed 1.57 people by 2050, which as an increase of 16.7%. With the growing age, it is difficult to treat some medical conditions such as Epulis fissuratum, which is mucosal hyperplasia resulting from chronic low-grade trauma induced by a denture flange. Cryosurgery is most preferred by dentists to treat epulis fissuratum, owing to its excellent hemorrhage and pain control, postoperative healing and its ability to deal with lesions in sites that would be difficult to treat. Thus, the growing geriatric population will fuel the cryosurgery devices market growth during the forecast period to a CAGR of 7%.
The increase in merger and acquisitions will be one of the key cryosurgery devices market trends that will impact the growth throughout the forecast period. Major players in the market who are focusing on expanding their manufacturing facilities worldwide are adopting inorganic growth strategies. This will help to increase their product offerings and widen their product portfolios. Thus, the increase in M&A activities will have a significant impact on market growth during the forecast period.
Top cryosurgery devices companies covered in this market research report
The cryosurgery devices market is fairly fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this cryosurgery devices industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
- BTG International
- CSA Medical
- HealthTronics
- Medtronic
- Schuco
Cryosurgery devices market segmentation based on geographic regions
With a complete study of the growth opportunities for the companies, the Americas region will account for the highest cryosurgery devices market share throughout the forecast period. The growth in the Americas is attributable to the factors such as high demand for cryosurgery, significant investments in healthcare research in North America and the increasing incidence of cancer.
Cryosurgery devices market segmentation based on products
- Instruments
- Consumables & accessories
The instruments segment will account for the highest market share of the cryosurgery devices market. Additionally, the report also provides an accurate prediction of the contribution of all the products segments to the growth of the cryosurgery devices market size.
Key highlights of the global cryosurgery devices market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the cryosurgery devices market during the next five years
- Precise estimation of the global cryosurgery devices market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the cryosurgery devices industry across the Americas, APAC and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of cryosurgery devices companies
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