Global Cryotherapy Ablation Device Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Cryotherapy Ablation Device market size was valued at US$ 350 million in 2024 and is forecast to a readjusted size of USD 1676 million by 2031 with a CAGR of 24.8% during review period.

Cryoablation is a procedure that uses extremely cold gas to freeze and destroy abnormal cells or diseased tissue. It's often used for skin disorders and cancer. Also called cryotherapy or cryosurgery, the procedure is usually safer and less invasive than surgery to cut out diseased tissue.

Boston Scientific and Siemens are the top two manufacturers of cryotherapy ablation device globally and account for over 70% of global market share in total. Geographically speaking, North America holds about 30% of global market share, followed by Europe with about 25% share. In terms of type, joule-thomson throttling refrigeration segment holds an important share of about 80%. In terms of application, prostate cancer holds over 25% of total market share.

Cryotherapy ablation device is a medical device used to treat cancer and arrhythmias that uses extremely cold fluids (such as liquid nitrogen, argon, nitrous oxide, or carbon dioxide) to freeze and destroy abnormal cells or diseased tissue. The cryotherapy ablation device market is expected to continue to grow as the prevalence of cancer and arrhythmias, the demand for minimally invasive surgery, the advantages of cryoablation technology are more widely recognized, and physicians adopt cryoablation devices more.

In terms of technology, cryotherapy ablation device can be divided into two types: phase change cooling and Joule-Thomson throttling cooling. Application areas include kidney cancer, lung cancer, prostate cancer, liver cancer, breast cancer, etc. Major players in the market include companies such as Icecure Medical, Boston Scientific, Metrum Cryoflex, Siemens, Hygea Beijing, AccuTarget MediPharma, and Sanarus Medical.

Overall, the cryotherapy ablation device market benefits from technological advancements, an aging population, an increase in the demand for minimally invasive surgery, and a rising prevalence of cancer and arrhythmias. With the continuous advancement of technology and the continuous development of the market, the cryotherapy ablation device industry is expected to achieve more efficient and safer treatment methods.

This report is a detailed and comprehensive analysis for global Cryotherapy Ablation Device market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Cryotherapy Ablation Device market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031

Global Cryotherapy Ablation Device market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031

Global Cryotherapy Ablation Device market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031

Global Cryotherapy Ablation Device market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Cryotherapy Ablation Device

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Cryotherapy Ablation Device market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Icecure Medical, Boston Scientific, Metrum Cryoflex, Siemens, Hygea Beijing, AccuTarget MediPharma, Sanarus Medical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Cryotherapy Ablation Device market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Phase Change Refrigeration
Joule-Thomson Throttling Refrigeration

Market segment by Application
Pharmacy
Kidney Cancer
Lung Cancer
Prostate Cancer
Liver Cancer
Breast Cancer
Others

Major players covered
Icecure Medical
Boston Scientific
Metrum Cryoflex
Siemens
Hygea Beijing
AccuTarget MediPharma
Sanarus Medical

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Cryotherapy Ablation Device product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Cryotherapy Ablation Device, with price, sales quantity, revenue, and global market share of Cryotherapy Ablation Device from 2020 to 2025.

Chapter 3, the Cryotherapy Ablation Device competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Cryotherapy Ablation Device breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Cryotherapy Ablation Device market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Cryotherapy Ablation Device.

Chapter 14 and 15, to describe Cryotherapy Ablation Device sales channel, distributors, customers, research findings and conclusion.