Germany Cryoablation Devices Market Size & Outlook
Germany cryoablation devices market, 2018-2030 (US$M)
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Germany cryoablation devices market highlights
- The Germany cryoablation devices market generated a revenue of USD 16.0 million in 2022 and is expected to reach USD 42.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 13.2% from 2023 to 2030.
- In terms of segment, tissue contact probe ablators was the largest revenue generating product in 2022.
- Tissue Contact Probe Ablators is the most lucrative product segment registering the fastest growth during the forecast period.
Cryoablation devices market data book summary
| Market revenue in 2022 | USD 16.0 million |
| Market revenue in 2030 | USD 42.9 million |
| Growth rate | 13.2% (CAGR from 2023 to 2030) |
| Largest segment | Tissue contact probe ablators |
| Fastest growing segment | Tissue Contact Probe Ablators |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tissue Contact Probe Ablators, Epidermal & Subcutaneous Cryoablation Systems, Tissue Spray Probe Ablators |
| Key market players worldwide | Boston Scientific Corp, MicroPort Scientific Corp, Medtronic PLC, The Cooper Companies Inc, AtriCure Inc, Cytokinetics Inc, BVM Medical, Metrum Cryoflex |
Other key industry trends
- In terms of revenue, Germany accounted for 4.3% of the global cryoablation devices market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK cryoablation devices market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 52.5 million by 2030.
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Cryoablation Devices Market Scope
Cryoablation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 51.88% in 2022. Horizon Databook has segmented the Germany 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.
The cryoablation devices market in Germany is primarily fueled by advancements in medical procedures, such as the first intranasal cryotherapy performed at Landstuhl Regional Medical Center (LRMC) in April 2021.
This procedure, a first in Germany, uses cryoablation to freeze nasal nerves, treating chronic rhinitis. U.S. Army Lt. Col. Jessica Peck highlighted its significance in addressing both allergic and non-allergic rhinitis.
Previously performed in the U.S. for two years, it was only recently approved in Germany. With at least 20% of German adults suffering from allergies, this innovation offers new treatment options for long-term nasal inflammation relief.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany cryoablation devices market , including forecasts for subscribers. This country databook contains high-level insights into Germany cryoablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany cryoablation devices market size, by product, 2018-2030 (US$M)
Germany Cryoablation Devices Market Outlook Share, 2022 & 2030 (US$M)
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