Global Cryoablation Devices Market Size & Outlook

The cryoablation devices industry worldwide is expected to reach a projected revenue of US$ 1,036.7 million by 2030. A compound annual growth rate of 13.6% is expected of the worldwide cryoablation devices industry from 2023 to 2030.
Revenue, 2022 (US$M)
$374.0
Forecast, 2030 (US$M)
$1,036.7
CAGR, 2023 - 2030
13.6%
Report Coverage
Worldwide

Global cryoablation devices market highlights

  • The global cryoablation devices market generated a revenue of USD 374.0 million in 2022 and is expected to reach USD 1,036.7 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 13.6% by 2030.
  • In terms of segment, tissue contact probe ablators accounted for a revenue of USD 166.1 million in 2022.
  • Tissue Contact Probe Ablators is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2022.
  • Country-wise, Italy is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 374.0 million
Market revenue in 2030USD 1,036.7 million
Growth rate13.6% (CAGR from 2022 to 2030)
Largest segmentTissue contact probe ablators
Fastest growing segmentTissue Contact Probe Ablators
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTissue Contact Probe Ablators, Epidermal & Subcutaneous Cryoablation Systems, Tissue Spray Probe Ablators

Other key industry trends

  • In terms of revenue, the North America accounted for 32.6% of the global cryoablation devices market in 2022.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Italy is the fastest growing regional market and is projected to reach USD 13.0 million by 2030.

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Cryoablation Devices Market Companies

Name Profile # Employees HQ Website

Global cryoablation devices market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cryoablation devices market will help companies and investors design strategic landscapes.


Tissue contact probe ablators was the largest segment with a revenue share of 44.41% in 2022. Horizon Databook has segmented the Global cryoablation devices market based on tissue contact probe ablators, epidermal & subcutaneous cryoablation systems, tissue spray probe ablators covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Cryoablation Devices Product Outlook (Revenue, USD Million, 2018-2030)
    • Tissue Contact Probe Ablators
    • Epidermal & Subcutaneous Cryoablation Systems
    • Tissue Spray Probe Ablators
  • Global Cryoablation Devices Application Outlook (Revenue, USD Million, 2018-2030)
    • Lung Cancer
    • Liver Cancer
    • Breast Cancer
    • Kidney Cancer
    • Prostate Cancer
    • Cardiac Arrhythmia
  • Global Cryoablation Devices End Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospital
    • Outpatient Facilities
    • Research & Manufacturing

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Horizon Databook provides a detailed overview of global-level data and insights on the Global cryoablation devices market , including forecasts for subscribers. This global databook contains high-level insights into Global cryoablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global cryoablation devices market size, by regions, 2018-2030 (US$M)

Top 10 countries: Cryoablation devices market size, 2022 (US$M)

Global cryoablation devices market share, by product, 2022 & 2030 (%, US$M)

Cryoablation devices market: Opportunity assessment by country

Global cryoablation devices market, by region, 2022 (US$M)

Global cryoablation devices market size, by regions, 2018-2030 (US$M)

Product 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 85.7 92.9 75.9 94.1 121.8 136.6 153.5 172.9 195.3 220.4 249.7 283.2 321.8 12.9%
Europe 68.1 73.5 59.7 73.7 94.8 105.8 118.2 132.4 148.7 166.9 187.9 211.9 239.3 12.3%
Asia Pacific 57.0 63.2 52.8 66.9 88.5 101.4 116.4 133.8 154.3 177.8 205.5 237.9 275.8 15.3%
Latin America 26.5 29.1 24.1 30.3 39.8 45.3 51.6 58.9 67.5 77.2 88.7 102.0 117.5 14.5%
MEA 19.9 21.8 17.9 22.4 29.2 33.0 37.4 42.5 48.4 55.1 62.9 71.9 82.4 13.8%
Overall 257.2 280.4 230.4 287.4 374.0 422.1 477.1 540.4 614.3 697.3 794.6 906.8 1,036.7 13.6%

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