Global Tumor Cryoablation Device Market Growth 2025-2031

The global Tumor Cryoablation Device market size is predicted to grow from US$ 761 million in 2025 to US$ 1213 million in 2031; it is expected to grow at a CAGR of 8.1% from 2025 to 2031.

Cryoablation for cancer is a treatment to kill cancer cells with extreme cold. During cryoablation, a thin, wandlike needle (cryoprobe) is inserted through your skin and directly into the cancerous tumor. A gas is pumped into the cryoprobe in order to freeze the tissue. Then the tissue is allowed to thaw.

According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.

LP Information, Inc. (LPI) ' newest research report, the “Tumor Cryoablation Device Industry Forecast” looks at past sales and reviews total world Tumor Cryoablation Device sales in 2024, providing a comprehensive analysis by region and market sector of projected Tumor Cryoablation Device sales for 2025 through 2031. With Tumor Cryoablation Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tumor Cryoablation Device industry.

This Insight Report provides a comprehensive analysis of the global Tumor Cryoablation Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Tumor Cryoablation Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Tumor Cryoablation Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tumor Cryoablation Device and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Tumor Cryoablation Device.

This report presents a comprehensive overview, market shares, and growth opportunities of Tumor Cryoablation Device market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Phase Change Refrigeration
Joule-Thomson Throttling Refrigeration

Segmentation by Application:
Kidney Cancer
Lung Cancer
Prostate Cancer
liver Cancer
Breast Cancer
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Icecure Medical
Boston Scientific
Metrum Cryoflex
Siemens
Hygea Beijing
AccuTarget MediPharma
Sanarus Medical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Tumor Cryoablation Device market?

What factors are driving Tumor Cryoablation Device market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Tumor Cryoablation Device market opportunities vary by end market size?

How does Tumor Cryoablation Device break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.