Cryogenics

Global Cryogenic Equipment Market, 2019-2027: Technological Advancement & Improved Innovations in Areas Like Immunotherapy & Regenerative Medicines are Likely to Enhance the Market Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 5, 2020

Furthermore, growing needs for genetically live tissue drug therapy, biopharma therapy, and respiratory healthcare are urging the growth of the cryogenic equipment market.

Key Points: 
  • Furthermore, growing needs for genetically live tissue drug therapy, biopharma therapy, and respiratory healthcare are urging the growth of the cryogenic equipment market.
  • Additionally, technological advancement and improved innovations in areas like immunotherapy, vaccinations, biopharmaceuticals, and regenerative medicines are likely to enhance the market growth.
  • Globally, the cryogenic equipment market is rising at a CAGR of 7.4% for the estimated period from 2019 to 2027.
  • The Asia Pacific emerged as a dominant market for cryogenic equipment and accounted to hold a market share of around 38% in 2018.

Axonics® Announces Fourth Quarter and Fiscal 2019 Financial Results

Retrieved on: 
Wednesday, March 4, 2020

In the fourth quarter of 2019, net revenue of the Axonics r-SNM System totaled $9.9 million.

Key Points: 
  • In the fourth quarter of 2019, net revenue of the Axonics r-SNM System totaled $9.9 million.
  • A total of 35 hospitals in England, the Netherlands, Switzerland, Germany and Canada implanted the Axonics r-SNM System in 2019.
  • In November 2019, Axonics raised approximately $118 million of gross proceeds in an underwritten public follow-on offering.
  • In December 2019, Axonics gained Health Canada approval for the use of 1.5T and 3T full body MRI scanners for patients implanted with the Axonics r-SNM System.

AO, icotec Join Forces on New Spinal Stabilization System

Retrieved on: 
Tuesday, March 3, 2020

DAVOS, Switzerland, March 3, 2020 /PRNewswire/ -- The AO Foundation and icotec ag announce the successful agreement and kick-off for the joint development of a new spinal stabilization system based on icotec's proprietary BlackArmor Carbon/PEEK composite implant material.

Key Points: 
  • DAVOS, Switzerland, March 3, 2020 /PRNewswire/ -- The AO Foundation and icotec ag announce the successful agreement and kick-off for the joint development of a new spinal stabilization system based on icotec's proprietary BlackArmor Carbon/PEEK composite implant material.
  • "Patients, surgeons, and radio-oncologists depend on artefact-free imaging, accurate radiation therapy, and reliable post-operative follow-up for the optimal treatment of spinal tumors and metastases.
  • Image artefacts of metal implants in different imaging modalities such as x-ray, CT, and MRI are a well-known obstacle in patient follow-up.
  • icotec AG is a family-owned SME in Altstaetten, Switzerland established in 1999. icotec designs and manufactures nonmetallic spinal implants made from BlackArmor (Carbon/PEEK).

AO, icotec Join Forces on New Spinal Stabilization System

Retrieved on: 
Tuesday, March 3, 2020

DAVOS, Switzerland, March 3, 2020 /PRNewswire/ -- The AO Foundation and icotec ag announce the successful agreement and kick-off for the joint development of a new spinal stabilization system based on icotec's proprietary BlackArmor Carbon/PEEK composite implant material.

Key Points: 
  • DAVOS, Switzerland, March 3, 2020 /PRNewswire/ -- The AO Foundation and icotec ag announce the successful agreement and kick-off for the joint development of a new spinal stabilization system based on icotec's proprietary BlackArmor Carbon/PEEK composite implant material.
  • "Patients, surgeons, and radio-oncologists depend on artefact-free imaging, accurate radiation therapy, and reliable post-operative follow-up for the optimal treatment of spinal tumors and metastases.
  • Image artefacts of metal implants in different imaging modalities such as x-ray, CT, and MRI are a well-known obstacle in patient follow-up.
  • icotec AG is a family-owned SME in Altstaetten, Switzerland established in 1999. icotec designs and manufactures nonmetallic spinal implants made from BlackArmor (Carbon/PEEK).

Open System MRI Industry Analysis, 2020 to 2025 - Increasing Number of MRI Procedures and Product Launches Drives Growth

Retrieved on: 
Monday, March 2, 2020

DUBLIN, March 2, 2020 /PRNewswire/ -- The "Open System MRI Market - Growth, Trends And Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 2, 2020 /PRNewswire/ -- The "Open System MRI Market - Growth, Trends And Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
  • Open MRI is the more popular one between the two available systems of MRI, open and closed.
  • Open MRI systems have a magnetic field in the top and bottom and do not enclose the patient in a tunnel.
  • Conventional MRI scanners are a cylinder shape, while an open MRI does not completely surround your body.

RSNA: MRI Shows Blood Flow Differs in Men and Women, According to New Research

Retrieved on: 
Thursday, February 27, 2020

However, much less is known about the way that blood flows through the hearts of men and women and how that relates to cardiac performance.

Key Points: 
  • However, much less is known about the way that blood flows through the hearts of men and women and how that relates to cardiac performance.
  • They derived various blood flow parameters from MRI scans obtained from 20 men and 19 women and correlated them with cardiac function.
  • Dr. Rutkowski emphasized that the ability of 4D flow MRI to provide numbers for various blood flow parameters is especially important.
  • "Getting blood flow and velocity information is just one more metric that is being developed to make MRI more quantitative."

Cryogenic Equipment Market to Reach USD 31.68 Billion by 2026; Rising Investment in LNG-based Plants to Boost Growth, says Fortune Business Insights™

Retrieved on: 
Wednesday, February 26, 2020

The report further states that the cryogenic equipment market size is projected to reach USD 31.68 billion by 2026, thereby exhibiting a CAGR of 7.1% during the forecast period.

Key Points: 
  • The report further states that the cryogenic equipment market size is projected to reach USD 31.68 billion by 2026, thereby exhibiting a CAGR of 7.1% during the forecast period.
  • In-depth details about the cryogenic equipment market trends, opportunities, challenges, growth drivers, and obstacles.
  • Amongst these, Asia Pacific generated a cryogenic equipment market revenue of USD 6.07 billion in 2018.
  • List of the most prominent companies operating in the cryogenic equipment market.

Cryogenic Equipment Market to Reach USD 31.68 Billion by 2026; Rising Investment in LNG-based Plants to Boost Growth, says Fortune Business Insights™

Retrieved on: 
Wednesday, February 26, 2020

The report further states that the cryogenic equipment market size is projected to reach USD 31.68 billion by 2026, thereby exhibiting a CAGR of 7.1% during the forecast period.

Key Points: 
  • The report further states that the cryogenic equipment market size is projected to reach USD 31.68 billion by 2026, thereby exhibiting a CAGR of 7.1% during the forecast period.
  • In-depth details about the cryogenic equipment market trends, opportunities, challenges, growth drivers, and obstacles.
  • Amongst these, Asia Pacific generated a cryogenic equipment market revenue of USD 6.07 billion in 2018.
  • List of the most prominent companies operating in the cryogenic equipment market.

Profound Medical Participate in March Investor Healthcare Conferences

Retrieved on: 
Wednesday, February 26, 2020

TORONTO, Feb. 26, 2020 (GLOBE NEWSWIRE) -- Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (Profound or the Company), a commercial-stage medical device company focused on customizable, incision-free therapies which combine real-time Magnetic Resonance Imaging (MRI), thermal ultrasound and closed-loop temperature feedback control for the radiation-free ablation of diseased tissue, announced today that management will participate in two investor conferences in March.

Key Points: 
  • TORONTO, Feb. 26, 2020 (GLOBE NEWSWIRE) -- Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (Profound or the Company), a commercial-stage medical device company focused on customizable, incision-free therapies which combine real-time Magnetic Resonance Imaging (MRI), thermal ultrasound and closed-loop temperature feedback control for the radiation-free ablation of diseased tissue, announced today that management will participate in two investor conferences in March.
  • BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference 2020: Profound is scheduled to participate in a series of one-on-meetings on March 18, 2020 in Snowbird, UT.
  • Profound is a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue.
  • Profound is commercializing TULSA-PRO, a technology that combines real-time MRI, robotically-driven transurethral ultrasound and closed-loop temperature feedback control.

Sumitomo Heavy Industries (SHI) and Highview Power Partner to Expand Cryogenic Long-Duration Energy Storage Globally

Retrieved on: 
Tuesday, February 25, 2020

Sumitomo Heavy Industries, Ltd. (SHI), a technology leader in industrial machinery and environmental and power technologies, and Highview Power, a global leader in long-duration energy storage solutions, are pleased to announce that the two companies have partnered to expand cryogenic energy storage projects globally.

Key Points: 
  • Sumitomo Heavy Industries, Ltd. (SHI), a technology leader in industrial machinery and environmental and power technologies, and Highview Power, a global leader in long-duration energy storage solutions, are pleased to announce that the two companies have partnered to expand cryogenic energy storage projects globally.
  • As part of this partnership, SHI has made a USD $46 million investment into Highview Power, which signifies SHIs move into the clean energy storage market.
  • Javier Cavada, President and CEO of Highview Power, said, Highview is proud to have a partner like Sumitomo Heavy Industries next to us as we further our global expansion.
  • Highview Power is a designer and developer of the CRYOBattery, a proprietary cryogenic energy storage system that delivers reliable and cost-effective long-duration energy storage to enable a 100 percent renewable energy future.