
Cryoablation Devices Market – Competitive Landscape
Key players functioning in the global prosthetic liners market consists of Medtronic Inc., Galil Medical Inc., AtriCure, Inc., IceCure Medical, CryoConcepts LP, Brymill Cryogenic Systems, CooperSurgical, and Sanarus Technologies.
Cryoablation has been one of the most common cosmetic surgery procedures worldwide. It can be performed as general anesthesia with local sedation. It is an ultra-refined form of liposuction where laser light is used to freeze off fat and other tissue. The technique is also referred to as cryotherapy. Increasing adoption of cryotherapy is expected to propel growth of the global cryoablation devices market. In February 2020, RANGERS FC, a Scottish professional football club, chose CryoAction as its official cryotherapy supplier for the Scottish Premier League.
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Cryoablation has its benefits. First, it is extremely effective in reducing the size of tumors in the breast, rectum, and prostate cancers. Cryoablation has been known to successfully shrink tumors by half. The treatment can even remove tumors in people with relatively benign conditions, although the success rate may vary depending on the patient. Other than the reduction of tumor size, cryoablation has been known to improve the blood flow to tumors, remove toxins, kill cancer cells, and reduce pain due to radiation burns. Thus, increasing cases of cancer is expected to offer lucrative growth opportunities for cryoablation devices market growth.
Cryoablation has recently received attention in the medical literature due to reports of successful treatment of secondary malignant melanoma in a patient who had tried other treatments without success. The patient’s doctor had referred her to a specialist in cryoablation after she failed to respond to other standard therapies. According to her report, Cryoablation “was very effective in removing the mole from my shoulder blade, removing the skin tag above the knee, removing a breast lump that was sticking out due to a recent mastectomy, and scar removal from above the ear.” In other words, the doctor described her case as an example of successful percutaneous cryoablation of melanoma. Such benefits also aid growth of the cryoablation devices market.
The main advantage of cryotherapy is that it provides very little trauma to the surrounding tissue. Since the process is done with a cryoablation device (or a combination of cryotherapy and conventional laser surgery), there is very little pain, bruising or swelling. If there is some local swelling or pain after the procedure, topical anesthetics can be used to manage this. There is no need to worry about side effects, and cryotherapy has been found to be effective in many cases where traditional surgical treatment has failed. Thus, increasing adoption of less invasive approaches is also expected to aid in growth of the cryoablation devices market.
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