The cryoablation probe market size is expected to reach USD 723.71 million by 2034, according to a new study by Polaris Market Research. The report "Cryoablation Probe Market Share, Size, Trends, Industry Analysis Report By Application (Cardiac Arrhythmias, Oncology, Dermatology, and Others), By End Use, By Region; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
A cryoablation probe is a precision-guided medical device that applies extreme cold to ablate abnormal or diseased tissue with minimal impact on surrounding structures. The rising preference for minimally invasive procedures further boosts the demand for these probes. These procedures offer advantages, such as reduced hospital stays, quicker recovery times, and fewer postoperative complications, which collectively drive broader adoption across therapeutic areas. As a result, cryoablation is becoming a standard choice in the treatment landscape, where patient safety and procedural efficiency are essential.
The continuous integration of cryoablation systems with advanced imaging technologies contributes to the expansion opportunities. The combination of high-resolution imaging with real-time monitoring capabilities improves the precision, efficacy, and safety of ablation procedures. This synergy allows for accurate targeting of pathological tissue while minimizing damage to adjacent healthy areas, thereby improving clinical outcomes and broadening the applicability of cryoablation in complex interventions. The ongoing convergence of cryo-based technologies with innovations in imaging is expected to play a pivotal role in refining procedural accuracy and expanding adoption across multiple medical disciplines.
Cryoablation Probe Market Report Highlights
In terms of application, the cardiac arrhythmias segment held the largest market share in 2024, driven by the growing prevalence of heart rhythm disorders and increasing clinical preference for cryoablation therapy.
Based on end use, the ASCs segment is anticipated to grow the fastest, fueled by the rising trend of outpatient settings for minimally invasive cryoablation procedures.
In 2024, the North America cryoablation probe market accounted for the largest revenue share, supported by high procedural adoption rates and advanced healthcare infrastructure.
The Asia Pacific cryoablation probe market is expected to experience significant growth during the forecast period, attributed to expanding healthcare access, infrastructure investments, and rising cases of cancer and cardiovascular diseases.
A few global key market players include Atricure, Inc.; Boston Scientific Corporation; Bruker; CooperSurgical, Inc.; Erbe Elektromedizin GmbH; HealthTronics, Inc.; IceCure Medical; Medtronic; Metrum Cryoflex; and Varian, A Siemens Healthineers Company.
Polaris Market Research has segmented the market report on the basis of application, end use, and region:
By Application Outlook (Revenue, USD Million, 2020-2034)
Cardiac Arrhythmias
Oncology
Lung Cancer
Prostate Cancer
Breast Cancer
Kidney Cancer
Liver Cancer
Dermatology
Others
By End Use Outlook (Revenue, USD Million, 2020-2034)
Hospitals
Specialty Clinics
Ambulatory Surgery Centers (ASCs)
Others
By Regional Outlook (Revenue, USD Million, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Cryoablation Probe Market Insights
- 4.1. Cryoablation Probe Market - Market Snapshot
- 4.2. Cryoablation Probe Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising prevalence of cancers (prostate, liver, kidney, lung) requiring minimally invasive treatments
- 4.2.1.2. Increasing incidence of cardiac arrhythmias and other cardiovascular diseases
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High initial investment costs for equipment, training, and the need for specialized expertise
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Cryoablation Probe Market Trends
- 4.6. Value Chain Analysis
5. Global Cryoablation Probe Market, by Application
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 5.3. Cardiac Arrhythmias
- 5.3.1. Global Cryoablation Probe Market, by Cardiac Arrhythmias, by Region, 2020-2034 (USD Million)
- 5.4. Oncology
- 5.4.1. Global Cryoablation Probe Market, by Oncology, by Region, 2020-2034 (USD Million)
- 5.4.2. Lung Cancer
- 5.4.2.1. Global Cryoablation Probe Market, by Lung Cancer, by Region, 2020-2034 (USD Million)
- 5.4.3. Prostate Cancer
- 5.4.3.1. Global Cryoablation Probe Market, by Prostate Cancer, by Region, 2020-2034 (USD Million)
- 5.4.4. Breast Cancer
- 5.4.4.1. Global Cryoablation Probe Market, by Breast Cancer, by Region, 2020-2034 (USD Million)
- 5.4.5. Kidney Cancer
- 5.4.5.1. Global Cryoablation Probe Market, by Breast Cancer, by Region, 2020-2034 (USD Million)
- 5.4.6. Liver Cancer
- 5.4.6.1. Global Cryoablation Probe Market, by Breast Cancer, by Region, 2020-2034 (USD Million)
- 5.5. Dermatology
- 5.5.1. Global Cryoablation Probe Market, by Dermatology, by Region, 2020-2034 (USD Million)
- 5.6. Others
- 5.6.1. Global Cryoablation Probe Market, by Others, by Region, 2020-2034 (USD Million)
6. Global Cryoablation Probe Market, by End Use
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 6.3. Hospitals
- 6.3.1. Global Cryoablation Probe Market, by Hospitals, by Region, 2020-2034 (USD Million)
- 6.4. Specialty Clinics
- 6.4.1. Global Cryoablation Probe Market, by Specialty Clinics, by Region, 2020-2034 (USD Million)
- 6.5. Ambulatory Surgery Centers (ASCs)
- 6.5.1. Global Cryoablation Probe Market, by Ambulatory Surgery Centers (ASCs), by Region, 2020-2034 (USD Million)
- 6.6. Others
- 6.6.1. Global Cryoablation Probe Market, by Others, by Region, 2020-2034 (USD Million)
7. Global Cryoablation Probe Market, by Geography
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Cryoablation Probe Market Assessment, By Geography, 2020-2034 (USD Million)
- 7.3. Cryoablation Probe Market - North America
- 7.3.1. North America: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.3.2. North America: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.3.3. Cryoablation Probe Market - US
- 7.3.3.1. US: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.3.3.2. US: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.3.4. Cryoablation Probe Market - Canada
- 7.3.4.1. Canada: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.3.4.2. Canada: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.4. Cryoablation Probe Market - Europe
- 7.4.1. Europe: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.4.2. Europe: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.4.3. Cryoablation Probe Market - UK
- 7.4.3.1. UK: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.4.3.2. UK: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.4.4. Cryoablation Probe Market - France
- 7.4.4.1. France: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.4.4.2. France: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.4.5. Cryoablation Probe Market - Germany
- 7.4.5.1. Germany: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.4.5.2. Germany: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.4.6. Cryoablation Probe Market - Italy
- 7.4.6.1. Italy: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.4.6.2. Italy: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.4.7. Cryoablation Probe Market - Spain
- 7.4.7.1. Spain: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.4.7.2. Spain: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.4.8. Cryoablation Probe Market - Netherlands
- 7.4.8.1. Netherlands: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.4.8.2. Netherlands: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.4.9. Cryoablation Probe Market - Russia
- 7.4.9.1. Russia: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.4.9.2. Russia: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.4.10. Cryoablation Probe Market - Rest of Europe
- 7.4.10.1. Rest of Europe: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.4.10.2. Rest of Europe: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.5. Cryoablation Probe Market - Asia Pacific
- 7.5.1. Asia Pacific: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.5.2. Asia Pacific: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.5.3. Cryoablation Probe Market - China
- 7.5.3.1. China: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.5.3.2. China: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.5.4. Cryoablation Probe Market - India
- 7.5.4.1. India: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.5.4.2. India: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.5.5. Cryoablation Probe Market - Malaysia
- 7.5.5.1. Malaysia: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.5.5.2. Malaysia: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.5.6. Cryoablation Probe Market - Japan
- 7.5.6.1. Japan: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.5.6.2. Japan: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.5.7. Cryoablation Probe Market - Indonesia
- 7.5.7.1. Indonesia: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.5.7.2. Indonesia: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.5.8. Cryoablation Probe Market - South Korea
- 7.5.8.1. South Korea: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.5.8.2. South Korea: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.5.9. Cryoablation Probe Market - Australia
- 7.5.9.1. Australia: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.5.9.2. Australia: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.5.10. Cryoablation Probe Market - Rest of Asia Pacific
- 7.5.10.1. Rest of Asia Pacific: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.5.10.2. Rest of Asia Pacific: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.6. Cryoablation Probe Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.6.2. Middle East & Africa: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.6.3. Cryoablation Probe Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.6.3.2. Saudi Arabia: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.6.4. Cryoablation Probe Market - UAE
- 7.6.4.1. UAE: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.6.4.2. UAE: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.6.5. Cryoablation Probe Market - Israel
- 7.6.5.1. Israel: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.6.5.2. Israel: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.6.6. Cryoablation Probe Market - South Africa
- 7.6.6.1. South Africa: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.6.6.2. South Africa: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.6.7. Cryoablation Probe Market - Rest of Middle East & Africa
- 7.6.7.1. Rest of Middle East & Africa: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.6.7.2. Rest of Middle East & Africa: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.7. Cryoablation Probe Market - Latin America
- 7.7.1. Latin America: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.7.2. Latin America: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.7.3. Cryoablation Probe Market - Mexico
- 7.7.3.1. Mexico: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.7.3.2. Mexico: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.7.4. Cryoablation Probe Market - Brazil
- 7.7.4.1. Brazil: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.7.4.2. Brazil: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.7.5. Cryoablation Probe Market - Argentina
- 7.7.5.1. Argentina: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.7.5.2. Argentina: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
- 7.7.6. Cryoablation Probe Market - Rest of Latin America
- 7.7.6.1. Rest of Latin America: Cryoablation Probe Market, by Application, 2020-2034 (USD Million)
- 7.7.6.2. Rest of Latin America: Cryoablation Probe Market, by End Use, 2020-2034 (USD Million)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Atricure, Inc.
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Boston Scientific Corporation
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Bruker
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. CooperSurgical, Inc.
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Erbe Elektromedizin GmbH
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. HealthTronics, Inc.
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. IceCure Medical
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Medtronic
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Metrum Cryoflex
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Varian, A Siemens Healthineers Company
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development