North America Cryoablation Devices Market Size & Outlook
North America cryoablation devices market, 2018-2030 (US$M)
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North America cryoablation devices market highlights
- The North America cryoablation devices market generated a revenue of USD 121.8 million in 2022.
- The market is expected to grow at a CAGR of 12.9% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 121.8 million |
| Market revenue in 2030 | USD 321.8 million |
| Growth rate | 12.9% (CAGR from 2022 to 2030) |
| Largest segment | Tissue contact probe ablators |
| Fastest growing segment | Tissue Contact Probe Ablators |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 32.6% of the global cryoablation devices market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 275.8 million by 2030.
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Cryoablation Devices Market Scope
Cryoablation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 50.16% in 2022. Horizon Databook has segmented the North America 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.
North America cryoablation devices market held a dominant position, capturing 32.2% in terms of revenue owing to the rising prevalence of cancer, better healthcare infrastructure, availability of reimbursement, and growing geriatric population.
These factors are driving the cryoablation devices market growth in the region. For instance, the Patient Protection and Hospital Outpatient Facilities Research & Manufacturing Affordable Care Act (PPACA), a law passed by the U.S. government, promotes affordability along with the quality of healthcare through various health coverage policies, which helps in reducing the expenses of healthcare for individuals and governments.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America cryoablation devices market , including forecasts for subscribers. This continent databook contains high-level insights into North America cryoablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America cryoablation devices market size, by country, 2018-2030 (US$M)
North America Cryoablation Devices Market Outlook Share, 2022 & 2030 (US$M)
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