DUBLIN--(BUSINESS WIRE)--The "Global Cryonics Technology Market Research and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
Cryonics technology adopted by the medical sector to preserve living body organs can boost the demand of this technology.
Government investment in the medical sector and increasing deaths caused by incurable diseases are the major driving factors for this industry. The increase in organ transplant surgeries nowadays is a key influencer for growth of this market.
The lack of qualified/skilled medical practitioner and stringent government regulations are the major challenges for the industry. The factors favoring the growth of the global cryonic market include increase in trend to stop the aging process, demand for egg and sperm preservation and technological advancement for encoding memories from preserved brain. Cryopreservation is also used for conservation of plant biodiversity which turns out to be a huge opportunity for this market.
North America is growing significantly and is dominating the overall global Cryonics market. Adoption of Cryonics for various applications such as medical, animal husbandry, conservation of plant biodiversity and so on in the US market are the motivating factors. APAC is emerging as a growing market for this technology.
Major companies in the market includes Praxair Technology, Cellulis, Cryologics, Cryotherm, KrioRus, VWR, Thermo Fisher Scientific, Custom Biogenic Systems. The companies are focusing on new Cryopreservation research and innovation, expansion M&A, finding new market or innovate in their core competency in order to expand individual market share.
Key Topics Covered
1. Report Summary
2. Market Overview And Insights
3. Market Determinant
4. Market Segmentation
5. Competitive Landscape
6. Regional Analysis
7. Company Profiles
- Alcor Life Extension Foundation
- Cesca Therapeutics
- Cryonics Asia Ltd.
- Cryonics Institute
- GE Healthcare
- Oregon Cryonics
- Panasonic Biomedical
- Praxair Technology
- Southern Cryonics
- Thermo Fisher Scientific
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