Home / Medical Devices / Global Cryoablation Devices Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 To 2025

Global Cryoablation Devices Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 To 2025

Published: Nov 2017 | Published By: Acute Market Research

Cryoablation Devices Market(Device Type: Cryoablation Systems, Cryoablation Catheters or Probes; Application Type: Cancer, Cardiac Arrhythmia, Obstetrics & Gynecology, Pain Management, Ophthalmic Diseases and Others)– Growth, Future Prospects and Competitive Analysis, 2017-2025, the global Cryoablation devices market was valued at US$ 0.98 Bn in 2016, and is expected to reach US$1.89 Bn by 2025, expanding at a CAGR of 7.5% from 2017 to 2025.

Market Insights
Cryoablation is a novel modality in order to destroy diseased cells by freezing it without affecting its surrounding healthy tissues. This promising method is gaining more acceptance in medical field due to safe and efficient approach, best outcomes, minimal complication rate and lowest risk. Cryoablation procedure is executed by inserting a probe to the affected site which supplies nitrogen or argon gas to get the targeted cells destructed.

Growing prevalence of cancer around the world is the key driver of cryoablation devices market. The study by American Cancer Society predicted that in 2030, global burden of cancer is estimated to reach 21.7 million. This increasing number of cases positively influence cryoablation devices market worldwide due to its successful clinical result. A research study from American Heart Association on Worldwide Epidemiology of Atrial Fibrillation states that 33.5 million people suffered from atrial fibrillation in 2010, and it is estimated that the affected population will double in U.S. in 2050. This sharply rising trend of cardiac disorder as a result of rapidly changing lifestyle and diet habits is likely to fuel this industry growth. Growing preference of minimally invasive medical intervention, lowest chances of scarring, negligible pain, and rapid recovery support the major growth opportunity of cryoablation devices market. Growing adoption of cryoablation device among physicians and lower pricing are expected to boost the cryoablation device market in the future. However, longer procedure time and chances of recurrence might negatively impact this market.

On the basis of device types, cryoablation catheters and probes are the leading segment of cryoablation devices attributed to usage of multiple probes in as single medical procedure. Among the application type, increasing global burden of cancer is considered to drive the cryoablation devices market worldwide and predicted to hold the maximum share.

Geographically, in the year 2016, North America dominated the cryoablation devices market followed by Europe. Developed healthcare infrastructure, accessible advanced medical technology and its higher adoption are the primary factors contributing to the growth of the cryoablation devices market in these regions. Asia-Pacific region is anticipated to witness significant growth in cryoablation devices market due to large population pool, increasing health awareness among public and developing healthcare infrastructure.

Market Competition Assessment:
The cryoablation devices market presently comprises various companies having their products marketed. The manufacturers are developing new innovative products and the market is growing as a result of increasing adoption and accessibilities of these products. The key industry players include Medtronic Plc., Galil Medical Inc., Icecure Medical, Sanarus, AtriCure, Inc., AFreeze and other notable players.

Key Market Movements:
• The increasing public awareness regarding to better health, favorable reimbursement policies, utilization of advanced technologies, devices with improved maneuverability propel the growth of cryoablation devices market.
• Lack of trained healthcare personnel and high price of device are some challenging factors for the growth of cryoablation devices market in developing nations.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Cryoablation Devices Market Portraiture
2.2 Cryoablation Devices Market, by Device Type, 2016 (US$ Mn)
2.3 Cryoablation Devices Market, by Application Type, 2016 (US$ Mn)
2.4 Cryoablation Devices Market, by Geography, 2016 (Value %)

Chapter 3 Global Cryoablation Devices Market Analysis
3.1 Global Cryoablation Devices Market Overview
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Challenges
3.2.3 Opportunities
3.3 Merger, Acquisition and Business Strategies
3.4 Porter’s Analysis
3.5 Attractive Investment Proposition
3.6 Competitive Analysis: Global Cryoablation Devices Market, 2016 (Value %)

Chapter 4 Global Cryoablation Devices Market Analysis, By Device Type
4.1 Overview
4.1.1 Market Attractive Proposition of Cryoablation Devices Market, by Device Type, 2016
4.2 Cryoablation Systems
4.3 Cryoablation Catheters or Probes

Chapter 5 Global Cryoablation Devices Market Analysis, By Application Area Type
5.1 Overview
5.1.1 Market Attractive Proposition of Cryoablation Devices Market, by Application Type, 2016
5.2 Cancer
5.2.1 Breast Cancer
5.2.2 Liver Cancer
5.2.3 Prostate Cancer
5.2.4 Bone Cancer
5.2.5 Renal Cancer
5.2.6 Other Cancer
5.3 Cardiac Arrhythmia
5.4 Obstetrics & Gynecology
5.5 Pain Management
5.6 Ophthalmic Diseases
5.7 Others

Chapter 6 Global Cryoablation Devices Market, By Geography
6.1 Preface
6.2 North America (U.S. & Canada)
6.2.1 North America Cryoablation Devices Market, by Device Type, 2015-2025 (US$ Mn)
6.2.2 North America Cryoablation Devices Market, by Application Type, 2015-2025 (US$ Mn)
6.2.3 North America Cryoablation Devices Market, by Country, 2015 – 2025 (US$ Mn)
6.3 Europe (U.K., Germany & Rest of Europe)
6.3.1 Europe Cryoablation Devices Market, by Device Type, 2015-2025 (US$ Mn)
6.3.2 Europe Cryoablation Devices Market, by Application Type, 2015-2025 (US$ Mn)
6.3.3 Europe Cryoablation Devices Market, by Country, 2015 – 2025 (US$ Mn)
6.4 Asia-Pacific (China, Japan & Rest of Asia-Pacific)
6.4.1 Asia Pacific Cryoablation Devices Market, by Device Type, 2015-2025 (US$ Mn)
6.4.2 Asia Pacific Cryoablation Devices Market, by Application Type, 2015-2025 (US$ Mn)
6.4.3 Asia - Pacific Cryoablation Devices Market, by Country, 2015 – 2025 (US$ Mn)
6.5 Latin America (Brazil, Mexico and Rest of LATAM)
6.5.1 Latin America Cryoablation Devices Market, by Device Type, 2015-2025 (US$ Mn)
6.5.2 Latin America Cryoablation Devices Market, by Application Type, 2015-2025 (US$ Mn)
6.5.3 Latin America Cryoablation Devices Market, by Country, 2015 – 2025 (US$ Mn)
6.6 Middle East and Africa
6.6.1 Middle East and Africa Cryoablation Devices Market, by Device Type, 2015-2025 (US$ Mn)
6.6.2 Middle East and Africa Cryoablation Devices Market, by Application Type,2015- 2025 (US$ Mn)
6.6.3 Middle East and Africa Cryoablation Devices Market, by Country, 2015 – 2025 (US$ Mn)

Chapter 7 Company Profiles
7.1 Medtronic Plc.
7.2 Galil Medical Inc.
7.3 Icecure Medical
7.4 Sanarus
7.5 AtriCure, Inc.
7.6 AFreeze
7.7 Others

TABLE 1 Global Cryoablation Devices Market, By Device Type (US$ Mn), 2015– 2025 (Value)
TABLE 2 Global Cryoablation Devices Market, By Application Type (US$ Mn), 2015– 2025 (Value)
TABLE 3 Global Cryoablation Devices Market, by Geography, 2015 – 2025 (US$ Mn)
TABLE 4 North America Cryoablation Devices Market, by Device Type, 2015 – 2025 (US$ Mn)
TABLE 5 North America Cryoablation Devices Market, by Application Type, 2015 – 2025 (US$ Mn)
TABLE 6 North America Cryoablation Devices Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 7 Europe Cryoablation Devices Market, by Device Type, 2015 – 2025 (US$ Mn)
TABLE 8 Europe Cryoablation Devices Market, by Application Type, 2015 – 2025 (US$ Mn)
TABLE 9 Europe Cryoablation Devices Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 10 Asia Pacific Cryoablation Devices Market, by Device Type, 2015 – 2025 (US$ Mn)
TABLE 11 Asia Pacific Cryoablation Devices Market, by Application Type, 2015 – 2025 (US$ Mn)
TABLE 12 Asia - Pacific Cryoablation Devices Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 13 Latin America Cryoablation Devices Market, by Device Type, 2015 – 2025 (US$ Mn)
TABLE 14 Latin America Cryoablation Devices Market, by Application Type, 2015 – 2025 (US$ Mn)
TABLE 15 Latin America Cryoablation Devices Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 16 Middle East and Africa Cryoablation Devices Market, by Device Type, 2015 – 2025 (US$ Mn)
TABLE 17 Middle East and Africa Cryoablation Devices Market, by Application Type, 2015 – 2025 (US$ Mn)
TABLE 18 Middle East and Africa Cryoablation Devices Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 19 Medtronic Plc.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
TABLE 20 Galil Medical Inc.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
TABLE 21 Icecure Medical: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
TABLE 22 Sanarus: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
TABLE 23 AtriCure, Inc.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
TABLE 24 AFreeze: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
TABLE 25 Others: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)

FIG. 1 Cryoablation Devices Market: Research Methodology
FIG. 2 Cryoablation Devices Market, by Device Type, 2016 (US$ Mn)
FIG. 3 Cryoablation Devices Market, by Application Type, 2016 (US$ Mn)
FIG. 4 Cryoablation Devices Market, by Geography, 2016 (Value %)
FIG. 5 Attractive Investment Proposition
FIG. 6 Competitive Analysis: Global Cryoablation Devices Market, 2016 (Value %)
FIG. 7 Global Cryoablation Systems Market (US$ Mn), 2015-2025
FIG. 8 Global Cryoablation Catheters or Probes Market (US$ Mn), 2015-2025
FIG. 9 Global Cancer Market (US$ Mn), 2015-2025
FIG. 10 Global Breast Cancer Market (US$ Mn), 2015-2025
FIG. 11 Global Liver Cancer Market (US$ Mn), 2015-2025
FIG. 12 Global Prostate Cancer Market (US$ Mn), 2015-2025
FIG. 13 Global Bone Cancer Market (US$ Mn), 2015-2025
FIG. 14 Global Renal Cancer Market (US$ Mn), 2015-2025
FIG. 15 Global Other Cancer Market (US$ Mn), 2015-2025
FIG. 16 Global Cardiac Arrhythmia Market (US$ Mn), 2015-2025
FIG. 17 Global Obstetrics & Gynecology Market (US$ Mn), 2015-2025
FIG. 18 Global Pain Management Market (US$ Mn), 2015-2025
FIG. 19 Global Ophthalmic Diseases Market (US$ Mn), 2015-2025
FIG. 20 Global Others Market (US$ Mn), 2015-2025

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