Report Description
Cryotherapy and radiofrequency ablation (RFA) are the two clinically viable ablation modalities that are widely used and cryotherapy is a treatment that uses extreme cold for denaturing the diseased tissues in the human body. In cryoablation therapy, liquid nitrogen or argon gas is passed to the site of treatment using a probe, which creates intense cold that freezes the internal tumors. The procedure is often carried out multiple times till the affected tissue is totally destroyed. The technique yields high effectiveness for treatment of various tumors such as that in the bones, kidneys, breasts, lungs, and liver, and can also be used to treat certain skin conditions. The probe is guided using MRI and ultrasound, which locates the exact position of the affected tissue that proves the specificity of the therapy.
The cryoablation therapy has many applications in various disease such as renal cancer, prostate cancer, breast cancer, liver cancer and cardiac arrhythmias. Adoption of cryoablation procedures is growing as cryoablation is a minimally invasive procedure that avoids major surgery and thus, allows for rapid recovery of the patient. Percutaneous procedure used for the therapy, involves use of a thin needle size probe that is inserted in the body through a small incision.
In 2017, according to Radcliffe Cardiology, for various cardiac arrhythmias cryoablation process worldwide for treating cardiac arrhythmia is now being considered as a safe and efficiently effective alternate to radio frequency ablation.
Cryoablation Devices Market Dynamics
Cryoablation is a minimally invasive procedure that avoids major surgery and helps to avoid the complexity and heavy blood loss during the treatment and patient can resume his daily activities within very less time after the procedure. Therefore the preference for cryoablation treatment is increasing year on year. Also, the cryoablation procedure is beneficial to both the surgeon and patient as regular surgical procedure requires around 1 hour, while cryoablation is a 10-30 minutes procedure. Also, the length of incision in conventional surgery is around 10 mm, while cryoablation requires an incision of only 2 mm. Also, cryoablation do not require general anesthesia.
Continuous development and innovation into probes are expected to favor increase in adoption rate for cryoablation devices in the near future. Increase in geriatric population is expected to be a major push for the market to grow in emerging countries such as China, according to United Nations Department of Economic and Social Affairs (U.N. DESA), there were 125 million people aged 80 years or over in 2015, which is expected to increase to 434 million by 2050. This rise in geriatric population will support the growth of cryoablation devices for the treatment of the elderly people who cannot undergo open heart surgery.
Market Taxonomy
This report segments the global cryoablation devices market on the basis of device type, application, end user and geography. On the basis of device type, the market is categorized into systems and probes. Among these, probes segment dominate the cryoablation devices market. On the basis of application, the market is divided into prostate cancer, renal cancer, liver cancer, breast cancer and cardiac arrhythmia. On the basis of geography, the market is divided into 6 regions. Among all regions, North America dominated the cryoablation devices market, as the hospitals are early adopters cryoablation system and the availability of funds to invest amount in the installation of cryoablation system are the major factor behind the growth of cryoablation devices market in this region.
Key features of the study:
• This report provides in-depth analysis of the cryoablation devices market and provides market size (US$ Mn) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2017-2025)
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, pipeline technologies, regional outlook, and competitive strategy adopted by the leading players
• It profiles leading players in the global cryoablation devices market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics
• The global cryoablation devices market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, medical device companies, new entrants, and financial analysts
• Stakeholders would greatly benefit in decision making through the various strategy matrices used in analyzing the cryoablation devices market
Detailed Segmentation:
• Global Cryoablation Devices Market, By Device Type:
o Systems
o Probes
• Global Cryoablation Devices Market, By Application:
o Prostate Cancer
o Renal Cancer
o Liver Cancer
o Breast Cancer
• Global Cryoablation Devices Market, By End User:
o Hospitals
o Ambulatory Surgical Centers
o Surgical Clinics
• Global Cryoablation Devices Market, By Geography:
o North America
North America Cryoablation Devices Market, By Device Type:
Systems
Probes
North America Cryoablation Devices Market, By Application:
Prostate Cancer
Renal Cancer
Liver Cancer
Breast Cancer
North America Cryoablation Devices Market, By End User:
Hospitals
Ambulatory Surgical Centers
Surgical Clinics
North America Cryoablation Devices Market, By Country:
U.S.
Canada
o Europe
Europe Cryoablation Devices Market, By Device Type:
Systems
Probes
Europe Cryoablation Devices Market, By Application:
Prostate Cancer
Renal Cancer
Liver Cancer
Breast Cancer
Europe Cryoablation Devices Market, By End User:
Hospitals
Ambulatory Surgical Centers
Surgical Clinics
Europe Cryoablation Devices Market, By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
o Asia-Pacific
Asia-Pacific Cryoablation Devices Market, By Device Type:
Systems
Probes
Asia-Pacific Cryoablation Devices Market, By Application:
Prostate Cancer
Renal Cancer
Liver Cancer
Breast Cancer
Asia-Pacific Cryoablation Devices Market, By End User:
Hospitals
Ambulatory Surgical Centers
Surgical Clinics
Asia-Pacific Cryoablation Devices Market, By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia-Pacific
o Latin America
Latin America Cryoablation Devices Market, By Device Type:
Systems
Probes
Latin America Cryoablation Devices Market, By Application:
Prostate Cancer
Renal Cancer
Liver Cancer
Breast Cancer
Latin America Cryoablation Devices Market, By End User:
Hospitals
Ambulatory Surgical Centers
Surgical Clinics
Latin America Cryoablation Devices Market, By Country:
Brazil
Mexico
Argentina
Rest of Latin America
o Middle East
Middle East Cryoablation Devices Market, By Device Type:
Systems
Probes
Middle East Cryoablation Devices Market, By Application:
Prostate Cancer
Renal Cancer
Liver Cancer
Breast Cancer
Middle East Cryoablation Devices Market, By End User:
Hospitals
Ambulatory Surgical Centers
Surgical Clinics
Middle East Cryoablation Devices Market, By Country:
GCC
Israel
Rest of Middle-East
o Africa
Africa Cryoablation Devices Market, By Device Type:
Systems
Probes
Africa Cryoablation Devices Market, By Application:
Prostate Cancer
Renal Cancer
Liver Cancer
Breast Cancer
Africa Cryoablation Devices Market, By End User:
Hospitals
Ambulatory Surgical Centers
Surgical Clinics
Africa Cryoablation Devices Market, By Country:
North Africa
Central Africa
South Africa
• Company Profiles
o Medtronic Inc. *
Company Overview
Product Portfolio
Strategies Presence
Key Developments
Market Presence
Investment Raised
Marketing and Promotional Activities
o Galil Medical Inc.
o AtriCure, Inc.
o IceCure Medical
o Sanarus Technologies
"*" marked represents similar segmentation in other categories in the respective section.
Table of Contents
1. Research Objective and assumption
o Research Objectives
o Assumptions
o Abbreviations
2. Market Purview
o Report Description
? Market Definition and Scope
o Executive Summary
? Market Snippet By Different Segments
? Coherent Attractive Investment Proposition and Total Addressable Market
3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
? Drivers, Restraints and Opportunities
? Regulatory Scenario
? Market Trends
? PEST Analysis
4. Global Cryoablation Devices Market, By Device Type, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, 2017 and 2025 (%)
? Y-O-Y Growth Analysis, 2016 - 2025
? Segment Trends
o Systems
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
o Probes
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
5. Global Cryoablation Devices Market, By Application, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, 2017 and 2025 (%)
? Y-O-Y Growth Analysis, 2016 - 2025
? Segment Trends
o Prostate Cancer
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
o Renal Cancer
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
o Liver Cancer
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
o Breast Cancer
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
o Cardiac Arrhythmia
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
6. Global Cryoablation Devices Market, By End User, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, 2017 and 2025 (%)
? Y-O-Y Growth Analysis, 2016 - 2025
? Segment Trends
o Hospitals
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
o Ambulatory Surgical Centers
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
o Surgical Clinics
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
7. Global Cryoablation Devices Market, By Geography, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, By Geography, 2017 and 2025 (%)
? Y-O-Y Growth Analysis, 2014 - 2024
? Regional Trends
o North America
? Introduction
? Market Share Analysis, By Country, 2017 and 2025 (%)
? Country Trends
? Market Size and Forecast, and Y-o-Y Growth, 2014-2024, (USD Million)
? U.S.
? Canada
o Europe
? Introduction
? Market Share Analysis, By Country, 2017 and 2025 (%)
? Country Trends
? Market Size and Forecast, and Y-o-Y Growth, 2014-2024, (USD Million)
? U.K.
? Germany
? Italy
? France
? Russia
? Rest of Europe
o Asia Pacific
? Introduction
? Market Share Analysis, By Country, 2017 and 2025 (%)
? Country Trends
? Market Size and Forecast, and Y-o-Y Growth, 2014-2024, (USD Million)
? China
? India
? Japan
? ASEAN
? Australia
? South Korea
? Rest of Asia Pacific
o Latin America
? Introduction
? Market Share Analysis, By Country, 2017 and 2025 (%)
? Country Trends
? Market Size and Forecast, and Y-o-Y Growth, 2014-2024, (USD Million)
? Brazil
? Argentina
? Rest of Latin America
o Middle East
? Introduction
? Market Share Analysis, By Country, 2017 and 2025 (%)
? Country Trends
? Market Size and Forecast, and Y-o-Y Growth, 2014-2024, (USD Million)
? GCC
? Israel
? Rest of Middle East
o Africa
? Introduction
? Market Share Analysis, By Country, 2017 and 2025 (%)
? Country Trends
? Market Size and Forecast, and Y-o-Y Growth, 2014-2024, (USD Million)
? North Africa
? Central Africa
? South Africa
8. Competitive Landscape
o Company Profiles
? Medtronic Inc.
? Company Highlights
? Key Developments
? Product Portfolio
? Market Presence
? Investment Raised
? Marketing and Promotional Activities
? Strategic Presence
? Galil Medical Inc.
? Company Highlights
? Key Developments
? Product Portfolio
? Market Presence
? Investment Raised
? Marketing and Promotional Activities
? Strategic Presence
? AtriCure, Inc.
? Company Highlights
? Key Developments
? Product Portfolio
? Market Presence
? Investment Raised
? Marketing and Promotional Activities
? Strategic Presence
? IceCure Medical
? Company Highlights
? Key Developments
? Product Portfolio
? Market Presence
? Investment Raised
? Marketing and Promotional Activities
? Strategic Presence
? Sanarus Technologies
? Company Highlights
? Key Developments
? Product Portfolio
? Market Presence
? Investment Raised
? Marketing and Promotional Activities
? Strategic Presence
o Analyst Views
9. Section
o Research Methodology
o About us and Services
*Browse 25 market data tables and 27 figures on "Cryoablation Devices Market - Global forecast to 2025".