Cryoablation Devices Market size was valued at US$ 132.4 million in 2020, progressing at a CAGR of 8.5% during the forecast period
The “Cryoablation Devices Market” Research Report 2021-2027 is a specialized and in-depth study of the Cryoablation Devices industry with a focus on the global market trend. The report aims to provide an overview of Cryoablation Devices Market with detailed market segmentation by component, deployment model, end-user and geography. The Cryoablation Devices Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Cryoablation Devices Market players and offers key trends and opportunities in the market.
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Cryoablation has been one of the most common cosmetic surgery procedures worldwide. It can be performed as general anesthesia with local sedation. It is an ultra-refined form of liposuction where laser light is used to freeze off fat and other tissue. The technique is also referred to as cryotherapy. Increasing adoption of cryotherapy is expected to propel growth of the global cryoablation devices market. In February 2020, RANGERS FC, a Scottish professional football club, chose CryoAction as its official cryotherapy supplier for the Scottish Premier League.
Cryoablation has its benefits. First, it is extremely effective in reducing the size of tumors in the breast, rectum, and prostate cancers. Cryoablation has been known to successfully shrink tumors by half. The treatment can even remove tumors in people with relatively benign conditions, although the success rate may vary depending on the patient. Other than the reduction of tumor size, cryoablation has been known to improve the blood flow to tumors, remove toxins, kill cancer cells, and reduce pain due to radiation burns. Thus, increasing cases of cancer is expected to offer lucrative growth opportunities for cryoablation devices market growth.
Cryoablation has recently received attention in the medical literature due to reports of successful treatment of secondary malignant melanoma in a patient who had tried other treatments without success. The patient’s doctor had referred her to a specialist in cryoablation after she failed to respond to other standard therapies. According to her report, Cryoablation “was very effective in removing the mole from my shoulder blade, removing the skin tag above the knee, removing a breast lump that was sticking out due to a recent mastectomy, and scar removal from above the ear.” In other words, the doctor described her case as an example of successful percutaneous cryoablation of melanoma. Such benefits also aid growth of the cryoablation devices market.
The main advantage of cryotherapy is that it provides very little trauma to the surrounding tissue. Since the process is done with a cryoablation device (or a combination of cryotherapy and conventional laser surgery), there is very little pain, bruising or swelling. If there is some local swelling or pain after the procedure, topical anesthetics can be used to manage this. There is no need to worry about side effects, and cryotherapy has been found to be effective in many cases where traditional surgical treatment has failed. Thus, increasing adoption of less invasive approaches is also expected to aid in growth of the cryoablation devices market.
Major Key Players Include In Cryoablation Devices Market: Medtronic Inc., Galil Medical Inc., AtriCure, Inc., IceCure Medical, CryoConcepts LP, Brymill Cryogenic Systems, CooperSurgical, and Sanarus Technologies.
Main points in Cryoablation Devices Market Report Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Cryoablation Devices Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Cryoablation Devices Industry Impact
Chapter 2 Global Cryoablation Devices Competition by Types, Applications, and Top Regions and Countries
2.1 Global Cryoablation Devices (Volume and Value) by Type
2.3 Global Cryoablation Devices (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Cryoablation Devices Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Cryoablation Devices Market Analysis
Chapter 6 East Asia Cryoablation Devices Market Analysis
Chapter 7 Europe Cryoablation Devices Market Analysis
Chapter 8 South Asia Cryoablation Devices Market Analysis
Chapter 9 Southeast Asia Cryoablation Devices Market Analysis
Chapter 10 Middle East Cryoablation Devices Market Analysis
Chapter 11 Africa Cryoablation Devices Market Analysis
Chapter 12 Oceania Cryoablation Devices Market Analysis
Chapter 13 South America Cryoablation Devices Market Analysis
Chapter 14 Company Profiles and Key Figures in Cryoablation Devices Business
Chapter 15 Global Cryoablation Devices Market Forecast (2021-2027)
Chapter 16 Conclusions
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Major Point Answered in Cryoablation Devices Market Research Study are:
- What will be the progress rate of the Cryoablation Devices Market for the conjecture period, 2021-2027?
- What are the prominent factors driving the Cryoablation Devices Market across different regions?
- Who are the major vendors dominating the Cryoablation Devices industry and what are their winning strategies?
- What will be the market scope for the estimated period?
- What are the major trends shaping the expansion of the industry in the coming years?
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