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Global Cryoablation Systems Market 2017-2021

Global Cryoablation Systems Market 2017-2021

About Cryoablation Systems

The process of removing carcinogenic cells from the body by using refrigerant is known as cryoablation. This mechanism of action is used to treat direct cellular injuries and also microvascular injuries. Cryoablation systems are used in the treatment of epidermal, subcutaneous, and endometrial abnormalities by freezing the malignant cells. The advanced cryoablation system uses the argon gas for treating the malignancy in an individual.

Technavio’s analysts forecast the global cryoablation systems market to grow at a CAGR of 5.23% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global cryoablation systems market for 2017-2021. To calculate the market size, the report considers the sales and volumes of cryoablation systems.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Cryoablation Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • CooperSurgical
  • Galil Medical
  • Medtronic
Other prominent vendors
  • ACS Myanmar Medical
  • AtriCure
  • BVM Medical
  • Channel Medsystems
  • CPSI Biotech
  • ForTec Medical
  • HealthTronics
  • IRANBEHDASHT
  • ICECURE MEDICAL
  • METRUM CRYOFLEX
  • PENTAX Medical
  • Sanarus
  • Solution Medical
Market driver
  • Preference for cryoablation over RF
  • For a full, detailed list, view our report
Market challenge
  • High cost of cryoablation procedures
  • For a full, detailed list, view our report
Market trend
  • Increased efficiency of cryoimmunotherapy
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Cryoablation Systems Market 2017-2021

Technavio recognizes the following companies as the key players in the global cryoablation systems market: CooperSurgical, Galil Medical, and Medtronic.

Other Prominent Vendors in the market are: ACS Myanmar Medical, AtriCure, BVM Medical, Channel Medsystems, CPSI Biotech, ForTec Medical, HealthTronics, IRANBEHDASHT, ICECURE MEDICAL, METRUM CRYOFLEX, PENTAX Medical, Sanarus, and Solution Medical.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increased efficiency of cryoimmunotherapy. Immunotherapy with the help of cryoablation is a growing market trend, which can increase the adoption of cryoablation systems and thereby increase profits of manufacturers. Cryoimmunotherapy is considered to be an effective therapy for the diagnosis of malignant cells or tumors.”

According to the report, one driver in the market is preference for cryoablation over RF. Increased precision and accuracy of cryoablation devices has led to an increase in adoption worldwide. The surgeries performed using cryoablation devices are less invasive and lead to lesser complications compared with conventional resection procedures. Catheter cryoablation (CRYO) is regarded as one of the latest and most efficient approach for the treatment of cardiac arrhythmia over RF. The lesion to carry out the procedure with the help of cryoablation systems are well circumscribed with the requirement of minimal thrombus and preservation of the extracellular matrix.

Further, the report states that one challenge in the market is high cost of cryoablation procedures. The cost of cryosurgeries is high compared to the many tissue ablation procedures. AF treatment with the help of cryoablation system is expensive. The average Medicare reimbursement is $9,500 for uncomplicated AF ablation. According to a study conducted by Stony Brook University in 2016, the cost of cryoablation was high compared and RF ablation procedures. The 1276 patient suffering from cardiovascular disease and additional arrhythmias underwent cryoablation procedures. Sensitivity models showed higher costs in both Cryo sub-groups compared with RF.

Companies Mentioned

CooperSurgical, Galil Medical, and Medtronic, ACS Myanmar Medical, AtriCure, BVM Medical, Channel Medsystems, CPSI Biotech, ForTec Medical, HealthTronics, IRANBEHDASHT, ICECURE MEDICAL, METRUM CRYOFLEX, PENTAX Medical, Sanarus, and Solution Medical.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Market revenue flow of global cryoablation systems in 2016
  • Market landscape
    • Market overview
      • Table Global tissue ablation market and global cryoablation systems market 2016
      • Table Global cryoablation systems market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Market overview
      • Table Global cryoablation systems market by end-user 2016
      • Table Strategic analysis of the market for cryoablation systems in 2016
    • Hospital and clinics
      • Table Hospitals and clinics: Country-specific data and market impact analysis
    • Ambulatory surgical centers (ASCs)
      • Table Reimbursement in ASCs and hospital outpatient facilities for cryoablationprocedures 2017
      • Table Buying criteria analysis by end-user 2016
  • Geographical segmentation
    • Market overview
      • Table Market share: Global cryoablation systems market by geography (2016)
      • Table Global cryoablation systems market by geography 2016 and 2021 ($ millions)
    • Cryoablation systems market in the Americas
      • Table Market overview of cryoablation systems market in Americas
      • Table Cryoablation systems market in Americas 2016-2021 ($ millions)
    • Cryoablation systems market in EMEA
      • Table Market overview of cryoablation systems market in EMEA
      • Table Cryoablation systems market in EMEA 2016-2021 ($ millions)
    • Cryoablation systems market in APAC
      • Table Market overview of cryoablation systems market in APAC
      • Table Cryoablation systems market in APAC 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Country-specific cancer cases and its market impact analysis
      • Table Country-specific AF cases and its market impact analysis
    • Market challenges
  • Market trends
    • Increased efficiency of cryoimmunotherapy
    • Paradigm shift toward minimally invasive procedures
    • Increasing acquisitions and partnerships
  • Vendor landscape
    • Competitive analysis
      • Table Competitive structure analysis of global cryoablation systems market
      • Table Global cryoablation systems market: Market penetration of vendors 2017
      • Table Strategic success factors of companies in global cryoablation systems market 2016
  • Key vendor analysis
    • CooperSurgical
      • Table CooperSurgical: Strength assessment
      • Table CooperSurgical: Strategy assessment
      • Table CooperSurgical: Opportunity assessment
    • Galil Medical
      • Table Galil Medical: Key highlights
      • Table Galil Medical: Strength assessment
      • Table Galil Medical: Strategy assessment
      • Table Galil Medical: Opportunity assessment
    • Medtronic
      • Table Medtronic: Key highlights
      • Table Medtronic: Strength assessment
      • Table Medtronic: Strategy assessment
      • Table Medtronic: Opportunity assessment
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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