Cryoablation Devices Market Landscape 2025: Forecast Data and Growth Strategy Insights

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What Is the Expected CAGR for the Cryoablation Devices Market Through 2025?
The market size for cryoablation devices has witnessed robust growth in the past few years. It is projected to increase from $0.56 billion in 2024, to $0.61 billion in 2025, with a considerable compound annual growth rate (CAGR) of 9.9%. Factors contributing to this growth during the historic period include heightened financial support and grants from government bodies, enhanced cryoablation training and education, emergence of outpatient and ambulatory surgery centers, increased use of hybrid treatment methods, and an upward trend in outpatient procedures.

What's the Projected Size of the Global Cryoablation Devices Market by 2029?
In the coming years, there will be a robust expansion in the market for cryoablation devices, reaching a valuation of $0.89 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 9.7%. Factors leading to this upward trend during the projection period include a surge in cancer cases, an uptick in cardiovascular disease incidences, an increase in clinical trial numbers, a growing aged population, and a rise in tobacco and alcohol consumption. The forecast period will likely be characterised by significant developments such as technological progress, the advent of portable cryoablation devices, the incorporation of nanotechnology, the introduction of hybrid procedures and the application of artificial intelligence.

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Top Growth Drivers in the Cryoablation Devices Industry: What's Accelerating the Market?
The surge in instances of cardiovascular diseases is predicted to boost the expansion of the cryoablation devices market. Cardiovascular illnesses encompass a variety of disorders of the heart and blood vessels, such as coronary artery disease, hypertension, heart failure, arrhythmias, and stroke. The rise in prevalence of these conditions can be attributed to ageing populations, escalating obesity cases, and greater contact with risk elements like smoking and pollution. Cryoablation gadgets are a critical instrument in cardiology for tackling arrhythmias like atrial fibrillation, by creating controlled injuries in heart tissue, thereby interfering with abnormal electrical routes. This reestablishes a more regular heart rhythm and enhances patient's quality of life. For example, the Australian Institute of Health and Welfare revealed in June 2024, that the count of medically confirmed deaths due to coronary heart disease escalated to 14,100 in 2021, and 14,900 in 2022. Consequently, the heightened prevalence of cardiovascular diseases is foreseen to stimulate the expansion of the cryoablation devices market.

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What Are the Key Trends Driving Cryoablation Devices Market Growth?
Leading businesses in the cryoablation devices market are prioritizing the development of novel products, such as the cryoprobe, to improve the accuracy and efficiency of treatments. Used in cryotherapy treatments, cryoprobes apply extremely cold temperatures to tissues to manage a variety of medical issues, including tumors, lesions, or abnormal growths. For example, in May 2023, Varian, a medical device company affiliated with Siemens Healthineers, launched the Isolis cryoprobe in the United States. The Isolis cryoprobe, designed for single-use and disposability, enhances precision and effectiveness in cryoablation procedures, wherein tissues are frozen judiciously to treat conditions such as tumors. It provides interventional radiologists with improved control through its sharp tip with the option to seamlessly integrate the Siemens Healthineers myNeedle Laser guidance system for accurate probe positioning.

What Are the Main Segments in the Cryoablation Devices Market?
The cryoablation devices market covered in this report is segmented -

1) By Type: Probe, Tissue Contact Probe Ablators, Epidermal And Subcutaneous Cryoablation Systems, Systems, Generator, Accessories And consumables
2) By Application: Cardiology, Oncology, Other Applications
3) By End-Use: Hospitals, Ambulatory Surgical Centers, Specialty Centers, Other End-Users

Subsegments:
1) By Probe: Cryoprobes, Thermal Probes, Radiofrequency Probes
2) By Tissue Contact Probe Ablators: Microwave Ablators, RF Ablators, Ultrasound Ablators
3) By Epidermal and Subcutaneous Cryoablation Systems: Spray-Based Systems, Contact-Based Systems
4) By Systems: Standalone Systems, Integrated Systems
5) By Generator: High-Frequency Generators, Low-Frequency Generators
6) By Accessories and Consumables: Needles, Catheters, Gas Cartridges, Cooling Agents

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Which Top Companies are Driving Growth in the Cryoablation Devices Market?
Major companies operating in the cryoablation devices market are Medtronic plc, Siemens Healthineers AG, GE Healare, Boston Scientific Corporation, Varian Medical Systems Inc., CooperSurgical Inc., MicroPort Scientific Corporation, PENTAX Medical, AtriCure Inc., Vimecon GmbH, Erbe Elektromedizin GmbH, MedGyn Products Inc., HealthTronics Inc., METRUM CRYOFLEX Sp. z o.o., BVM Medical Limited., Adagio Medical Inc., Channel Medsystems Inc., CPSI Biotech, CryoTherapeutics GmbH, Endocare Inc., Galil Medical Ltd., Sanarus Technologies Inc., IceCure Medical Ltd.

Which Regions Will Dominate the Cryoablation Devices Market Through 2029?
North America was the largest region in the cryoablation devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cryoablation devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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