Us Cryoablation for Cancer Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Cryoablation for Cancer Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 5.0 Billion by 2030, growing at a CAGR of 9.2% from 2024 to 2030.
US Cryoablation for Cancer Market: Rapid Growth Amidst Rising Cancer Cases and Technological Advancements
The US cryoablation for cancer market is experiencing significant expansion, driven by the increasing prevalence of cancer and advancements in minimally invasive treatments. Cryoablation, a procedure that employs extreme cold to destroy cancerous tissues, has become a pivotal alternative for patients ineligible for traditional surgeries. This technique is particularly beneficial for targeting tumors in hard-to-reach areas, offering a less invasive option with reduced recovery times.
In 2024, the US tumor ablation market, encompassing cryoablation, was valued at approximately USD 533.2 million. Projections indicate this figure will nearly double, reaching USD 1,146.9 million by 2030, with a compound annual growth rate (CAGR) of 13.7% from 2025 to 2030. This surge is largely attributed to the rising number of cancer diagnoses and the growing acceptance of cryoablation as a viable treatment modality.
Several factors contribute to this market growth:
Technological Innovations: Continuous advancements have enhanced the precision and safety of cryoablation procedures, making them more accessible and effective for various cancer types.
Minimally Invasive Nature: Patients often prefer cryoablation due to its less invasive approach, which typically results in shorter hospital stays and quicker recovery periods.
Expanding Applications: Initially utilized for prostate and liver cancers, cryoablation now treats a broader spectrum, including kidney, lung, and breast cancers.
Despite its benefits, cryoablation carries certain risks, such as potential damage to surrounding healthy tissues and possible complications like infection or bleeding. However, with proper patient selection and technological improvements, these risks are continually being mitigated.
As the healthcare landscape evolves, the US cryoablation for cancer market is poised for sustained growth. The combination of rising cancer incidences, patient preference for minimally invasive treatments, and ongoing technological progress positions cryoablation as a cornerstone in modern oncological care.
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BTG International Ltd
IceCure Medical
Adagio Medical
CooperSurgical
HOYA
Medtronic
Boston Scientific
Sanarus Technologies
AtriCure
Cryofocus Biotech
Endo International Plc
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Cryoablation for Cancer Market
Open Cryoablation
Laparoscopic Cryoablation
Percutaneous Cryoablation
Robotic-Assisted Cryoablation
Breast Cancer
Liver Cancer
Prostate Cancer
Kidney Cancer
Bone Tumors
Other Solid Tumors
Cryoablation Devices
Cryoablation Probes
Accessories
Consumables
Hospitals
Ambulatory Surgical Centers (ASCs)
Specialty Clinics
Research and Academic Institutes
Curative Procedures
Palliative Procedures
Adjuvant Procedures
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Cryoablation for Cancer Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Cryoablation for Cancer Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Cryoablation for Cancer Market, By Type
6. Global Cryoablation for Cancer Market, By Application
7. Global Cryoablation for Cancer Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Cryoablation for Cancer Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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