Global Cryoballoon Market Growth 2024-2030
Product Code:1236842
Published Date: Nov 12,2024
Pages: 98
Region: Global
Category: Medical Devices & Consumables
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The global Cryoballoon market size is projected to grow from US$ 1140 million in 2024 to US$ 1505 million in 2030; it is expected to grow at a CAGR of 4.7% from 2024 to 2030.
Cryoballoon is a medical tool that uses freezing technology to destroy specific abnormal tissues in the body. It uses the principle of evaporation and heat absorption of freezing to take away tissue heat, so that the temperature of the myocardial tissue at the target ablation site is reduced, and the myocardial cells are destroyed, thereby preventing the abnormal electrical signal transmission and achieving the treatment purpose. Cryoballoon ablation is mainly used for electrophysiological treatment of the heart, especially for certain types of arrhythmias, such as atrial flutter and atrial fibrillation (AF). This technology restores normal heart rhythm by freezing and subsequently eliminating cells in the heart that cause abnormal electrical activity. Cryoballoon ablation can also be used as a first choice or alternative treatment for certain small and early-stage tumors, such as cancers of the kidney, liver, and prostate. By directly freezing tumor cells, the technology can reduce or completely eliminate malignant cells and reduce the risk of disease progression. Cryotherapy is also commonly used in dermatology to treat various benign and malignant skin lesions. For example, it can effectively remove warts, scars, and certain skin cancers.
United States market for Cryoballoon is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Cryoballoon is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Cryoballoon is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Cryoballoon players cover Medtronic, Boston Scientific, Teleflex Medical OEM, Jiaying Technology, Haisheng Medical Technology, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
LP Information, Inc. (LPI) ' newest research report, the “Cryoballoon Industry Forecast” looks at past sales and reviews total world Cryoballoon sales in 2023, providing a comprehensive analysis by region and market sector of projected Cryoballoon sales for 2024 through 2030. With Cryoballoon sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cryoballoon industry.
This Insight Report provides a comprehensive analysis of the global Cryoballoon 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 Cryoballoon portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cryoballoon market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cryoballoon 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 Cryoballoon.
This report presents a comprehensive overview, market shares, and growth opportunities of Cryoballoon market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Liquid Nitrogen Cryoballoon
Nitrous Oxide Cryoballoon
Segmentation by Application:
Cardiovascular Field
Tumor Treatment
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.
Medtronic
Boston Scientific
Teleflex Medical OEM
Jiaying Technology
Haisheng Medical Technology
Shanghai MicroPort EP Medtech
Cryofocus Medtech
Shanghai Antaike Medical Technology
Synaptic MEDICAL TECHNOLOGIES
Key Questions Addressed in this Report
What is the 10-year outlook for the global Cryoballoon market?
What factors are driving Cryoballoon market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Cryoballoon market opportunities vary by end market size?
How does Cryoballoon break out by Type, by Application?