Cryoablation Devices Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)

Cryoablation Devices Market – Report Overview

Pacific Business Consulting’s “Cryoablation Devices Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Cryoablation Devices market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.

In 2022, the Cryoablation Devices market exceeded a valuation of over US$ 400.0 million, and it is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) exceeding 10% from 2023 to 2030. The market is expected to potentially surpass US$ 900.0 million by 2030.

Cryoablation devices are medical instruments used to destroy abnormal or cancerous tissue by subjecting it to extremely cold temperatures. The procedure is guided by ultrasound or computed tomography (CT) scans for visualization. Cryoablation is commonly recommended for patients with cancer when surgical intervention is considered too risky.

The increasing preference of patients and surgeons for non-invasive or minimally invasive treatment procedures, driven by advantages like patient comfort, quick recovery, and reduced turnaround time, is expected to boost the demand for cryoablation devices. Advanced cancer ablation procedures, often performed on an outpatient basis, result in significant cost savings compared to traditional therapies. Ablation therapy is particularly favored for small-sized cancers, and procedural volumes are indirectly linked to annual tumor screening tests.

The rising prevalence of atrial fibrillation, with approximately 12 million individuals in the U.S. predicted to suffer from it by 2030, is expected to drive demand for cryoablation devices. Atrial fibrillation leads to a substantial number of deaths and hospitalizations annually, emphasizing the need for effective treatment options like cryoablation.

The increasing incidence of various tumors, such as lung cancer, prostate cancer, and breast cancer, globally is another factor contributing to the growth of the cryoablation devices market. For example, the U.S. reported over 220,000 new lung cancer cases and 139,000 lung cancer-related deaths in a given year. The geriatric population, often targeted for minimally invasive or noninvasive cryoablation techniques due to compromised biological functions, is expected to further drive demand.

Research and development studies focusing on innovative ablation devices, such as the AcQBlate Force Sensing System for cardiac arrhythmias, contribute to market growth. Additionally, developments among key players, such as the launch of the NovaSure V5 global endometrial ablation device by Hologic, Inc., further stimulate market expansion.

Despite these positive trends, challenges like the high cost of devices, strict regulations, and associated risks with ablation procedures may hinder market growth. Overall, the cryoablation devices market is anticipated to witness growth over the forecast period due to the increasing prevalence of chronic diseases, continuous product launches, and ongoing research in the field of ablation devices.

Leading players in the Cryoablation Devices segment, including CooperSurgical INC., HealthTronics, INC., Icecure Medical, Sanarus Technologies, Atricure, INC., Galil Medical INC., Metrum Cryoflex SP, BVM Medical Limited, Medtronic plc, CPSI Biotech, are expected to play a crucial role in shaping the future landscape of Cryoablation Devices technologies through ongoing innovation.

Scope of Report

The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Cryoablation Devices market. It also delves into the analysis of present and prospective market competition within the global Cryoablation Devices market.

Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.

Reasons to Buy

• Develop your business strategies by gaining insights into the trends that shape and drive the Cryoablation Devices market across the 10MM (Ten Major Markets).
• Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Cryoablation Devices market.
• Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
• Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
• Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.

1. Executive Summary: Cryoablation Devices
   • Global Market Outlook: Cryoablation Devices
2. Competitive Intelligence Analysis: Cryoablation Devices
3. Therapeutic Sector SWOT
4. Technology Roadmap Analysis: Cryoablation Devices
5. Market Background
   • Drivers
   • Restraints
   • Opportunity
   • Key Market Trends
   • Key Unmet Needs
6. Key Marketed Products Profile – Major Approved Products: Cryoablation Devices
   • Product Profile
   • Safety and Efficacy
7. Regulatory Landscape
8. Cryoablation Devices: Ten Major Market (10MM) – Market Analysis, By Product
   • Tissue Contact Probe Ablators
   • Epidermal and Subcutaneous Cryoablation Systems
   • Tissue Spray Probe Ablators
9. Cryoablation Devices: Ten Major Market (10MM) – Market Analysis, By Application
   • Lung Cancer
   • Liver Cancer
   • Breast Cancer
   • Kidney Cancer
   • Prostate Cancer
   • Cardiac Arrhythmia
   • Other Applications
10. Cryoablation Devices: Ten Major Market (10MM) – Market Analysis, By End User
    • Hospitals & Clinics
    • Ambulatory Surgical Centres
    • Others
11. Cryoablation Devices: Ten Major Market (10MM) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

12. S. Cryoablation Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

13. K. Cryoablation Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

14. Germany Cryoablation Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

15. France Cryoablation Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

16. Italy Cryoablation Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

17. Spain Cryoablation Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

18. Japan Cryoablation Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

19. China Cryoablation Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

20. Australia Cryoablation Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

21. India Cryoablation Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

22. Competitive Landscape
    • Company Overview
    • Product Portfolio
    • Key Financials
    • Sales Footprint

Note – All Major Company Profiles (Count up to 20) will be covered in the report

23. Assumptions and Acronyms Used
24. Research Methodology
    • Secondary Research
    • Primary Research
    • Data Triangulation
25. Geographic Scope
    • The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
26. Copyrights and Disclaimer