Cryoablation Devices Market, By Product Type (Tissue Contact Probe Ablators, Epidermal and Subcutaneous Cryoablation Systems, Tissue Spray Probe Ablators, Others), By Application (Lung Cancer, Liver Cancer, Breast Cancer, Kidney Cancer, Prostate Cancer, Cardiac Arrhythmia), By End User (Hospital & Clinics, Ambulatory Surgical Centre, Research & Manufacturing, Cryotherapy Centers, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Cryoablation is a minimally invasive procedure that uses extreme cold temperatures to destroy diseased or damaged tissue. Cryoablation devices use argon gas or liquid nitrogen to precisely target unwanted tissue and protect surrounding healthy anatomy. With rising incidence of cancer globally, use of cryoablation has increased in recent years as it causes less damage and has fewer side effects than traditional surgery. Technological advancements have enabled cryoablation therapy to efficiently treat various cancer types and cardiac arrhythmias. Moreover, favorable government policies supporting adoption of minimally invasive treatments will help the cryoablation devices market maintain double-digit growth through 2030.
Market Dynamics:
The global cryoablation devices market is driven by rising geriatric population susceptible to chronic diseases, increased preference for minimally invasive surgeries, and technological innovations enabling treatment of complex conditions. However, high cost of cryoablation procedures and lack of reimbursement coverage in some countries hinder the market growth. Growing awareness about benefits of cryoablation therapy presents lucrative opportunities. Several companies are conducting clinical trials to expand FDA-approval of cryoablation devices for new indications. In addition, market players are collaborating with healthcare providers to improve access in underpenetrated regions.
Key Features of the Study:
This report provides in-depth analysis of the global cryoablation devices market, and provides market size (USD Million) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global cryoablation devices market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Medtronic, Galil Medical, IceCure, Sanarus Technologies, ATMOS MedizinTechnik, and HealthTronics
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global cryoablation devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cryoablation devices market.
Detailed Segmentation-
By Product Type
Tissue Contact Probe Ablators
Epidermal and Subcutaneous Cryoablation Systems
Tissue Spray Probe Ablators
Others
By Application
Lung Cancer
Liver Cancer
Breast Cancer
Kidney Cancer
Prostate Cancer
Cardiac Arrhythmia
By End User
Hospital & Clinics
Ambulatory Surgical Centre
Research & Manufacturing
Cryotherapy Centers
Others
By Region
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Company Profiles:
Boston Scientific Corporation
Micro Port Scientific Corporation.
Medtronic
COOPERSURGICAL, INC.
ATRICURE, INC.
BVM Medical Limited
CPSI Biotech
Ice Cure Medical
METRUM CRYOFLEX Sp. z o.o.
HealthTronics, Inc.
Sanarus Technologies, Inc.
Stryker Corporation
CryoLife, Inc.
CMS Medical
Erbe Elektromedizin GmbH.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Product Type
Market Snapshot, By Application
Market Snapshot, By End User
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Impact Analysis
Market Trends
Key Developments
Regulatory Scenario
Acquisitions and Partnerships Scenario
Funding and Investments
PEST Analysis
Porter’s Analysis
4. Global Cryoablation Devices Market - Impact of Coronavirus (COVID-19) Pandemic
Overall Impact
Government Initiatives
COVID-19 Impact on the Market
5. Global Cryoablation Devices Market, By Product Type, 2019 – 2031, (USD Mn)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 – 2031
Segment Trends
Tissue Contact Probe Ablators
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Mn)
Epidermal and Subcutaneous Cryoablation Systems
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Mn)
Tissue Spray Probe Ablators
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Mn)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Mn)
6. Global Cryoablation Devices Market, By Application, 2019 – 2031, (USD Mn)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 – 2031
Segment Trends
Lung Cancer
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Mn)
Liver Cancer
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Mn)
Breast Cancer
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Mn)
Kidney Cancer
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Mn)
Prostate Cancer
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Mn)
Cardiac Arrhythmia
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Mn)
7. Global Cryoablation Devices Market, By End User, 2019 – 2031, (USD Mn)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 – 2031
Segment Trends
Hospital & Clinics
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Mn)
Ambulatory Surgical Centre
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Mn)
Research & Manufacturing
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Mn)
Cryotherapy Centers
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Mn)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Mn)
8. Global Cryoablation Devices Market, By Region, 2019 – 2031, (USD Mn)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2019–2031
Regional Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Mn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Mn)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Mn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Mn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Mn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 – 2031, (USD Mn)
North Africa
Central Africa
South Africa
9. Competitive Landscape
Company Profiles
Boston Scientific Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Micro Port Scientific Corporation.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Medtronic
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
COOPERSURGICAL, INC.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
ATRICURE, INC.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
BVM Medical Limited
CPSI Biotech
Ice Cure Medical
METRUM CRYOFLEX Sp. z o.o.
AtriCure, Inc.
HealthTronics, Inc.
IceCure Medical Ltd.
Sanarus Technologies, Inc.
Stryker Corporation
CryoLife, Inc.
CMS Medical
Erbe Elektromedizin GmbH
10. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
11. References and Research Methodology
References
Research Methodology
About Us and Sales Contact
*Browse 32 market data tables and 28 figures on Cryoablation Devices Market” - Global forecast to 2031