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Cryoablation Devices Market Growth Driven by Increasing Adoption of Cryotherapy in Cancer Treatment

 

One of the most popular cosmetic surgical techniques worldwide has been cryoablation. The procedure can be carried out under general anaesthesia and local sedation. By using laser light to freeze off fat and other tissue, it is a highly polished kind of liposuction. Cryotherapy is another name for the method. The global market for cryoablation equipment is anticipated to rise as cryotherapy usage increases. Scottish professional football club RANGERS FC selected CryoAction as its official cryotherapy provider for the Scottish Premier League in February 2020.

Market Dynamics

The use of cryoablation techniques is expanding since they are minimally invasive, reduce the need for major surgery, and aid in the patient's quick recovery. A tiny incision is utilised to put a thin, needle-sized probe into the body as part of the percutaneous process employed for the therapy. According to Radcliffe Cardiology, cryoablation therapy is increasingly being viewed as a secure and reliable substitute for radio frequency ablation therapy for the treatment of cardiac arrhythmia in 2017.

The global cryoablation devices market size was valued at US$ 132.4 million in 2018, and is expected to exhibit a CAGR of 8.5% over the forecast period (2022–2028).

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