South Korea Cryoablation Probes Market Size, Share, and COVID-19 Impact Analysis, By Product (Tissue Contact Probe Ablators and Tissue Spray Probe Ablators), By Application (Cardiac Arrhythmia and Breast Cancer), and South Korea Cryoablation Probes Market Industry Trend, Forecasts to 2035

South Korea Cryoablation Probes Market Insights Forecasts to 2035

• The South Korea Cryoablation Probes Market Size Was Estimated at USD 4.76 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 20.61% from 2025 to 2035
• The South Korea Cryoablation Probes Market Size is Expected to Reach USD 37.4Million by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Cryoablation Probes Market is anticipated to reach USD 37.4 million by 2035, growing at a CAGR of 20.61% from 2025 to 2035. Increased use of minimally invasive procedures, growing cancer prevalence, and developments in cryoablation technologies are the main drivers of growth.  Demand is further increased by the growing elderly population and the growing desire for tailored tumor therapy.  Furthermore, top companies' strategic partnerships and regulatory approvals support market expansion.

Market Overview

The cryoablation probes market involves devices used to treat abnormal tissues, such as tumors or arrhythmic heart tissue, by freezing them using extremely cold temperatures. These probes offer several benefits, including minimal invasiveness, reduced recovery time, and targeted tissue destruction with minimal damage to surrounding areas. The growing burden of cancer and cardiac arrhythmias presents significant market opportunities, especially with increasing demand for safer, less invasive treatments. Technological advancements in probe design and imaging guidance further enhance procedural accuracy and outcomes. In South Korea, government initiatives supporting cancer screening programs, advanced medical technologies, and public healthcare investments are fostering market growth.

Report Coverage

This research report categorizes the market for South Korea cryoablation probes market based on various segments and regions forecasts revenue growth, and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea cryoablation probes market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea cryoablation probes market.

Driving Factors

The rising prevalence of cancer and cardiac arrhythmias, which demand effective and minimally invasive treatment options. Growing awareness of cryoablation’s benefits, such as reduced complications, faster recovery, and precision targeting, is boosting its adoption. Technological advancements in imaging and probe design enhance procedural accuracy and safety. Additionally, increasing healthcare expenditure, supportive reimbursement policies, and the expansion of advanced treatment facilities are further propelling market growth across both developed and emerging healthcare systems.

Market Segmentation

The South Korea cryoablation probes market share is classified into product and application.

• The tissue contact probe ablators segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea cryoablation probes market is segmented by product into tissue contact probe ablators and tissue spray probe ablators. Among these, the tissue contact probe ablators segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. Their precision, effectiveness, and widespread use in targeted tumor ablation procedures. Their ability to provide controlled freezing with minimal damage to surrounding tissues makes them preferred in treating localized cancers.

• The cardiac arrhythmia segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea cryoablation probes market is segmented by application into cardiac arrhythmia and breast cancer. Among these, the cardiac arrhythmia segment dominated a share in 2024 and is expected to grow at a significant CAGR during the forecast period. The rising prevalence of atrial fibrillation and other rhythm disorders. Increased awareness, improved diagnostic rates, and growing preference for minimally invasive procedures have boosted demand for cryoablation in cardiac care.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea cryoablation probes market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Kumsung Textile Co., Ltd.
• Samil Spinning Co., Ltd.
• Youngone Corporation
• Dong-A Textile Co., Ltd.
• SeAH Holdings
• Cheil Industries
• Hyosung Corporation
• Taekwang Industrial Co., Ltd.
• Kolon Industries, Inc.
• SK Chemicals
• KOLON Glotech
• Woongjin Chemical Co., Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea cryoablation probes market based on the below-mentioned segments:

South Korea Cryoablation Probes Market, By Material Type

• Tissue Contact Probe Ablators
• Tissue Spray Probe Ablators

South Korea Cryoablation Probes Market, By Application

• Cardiac Arrhythmia
• Breast Cancer