Watchful waiting or treatment depends on the type of cyst you have, its size, its characteristics and whether it's causing symptoms.
Watchful waiting
A benign pseudocyst, even a large one, can be left alone as long as it isn't bothering you. A serous cystadenoma rarely becomes cancerous, so it also can be left alone unless it causes symptoms or grows. Some pancreatic cysts should be monitored.
Drainage
A pseudocyst that is causing bothersome symptoms or growing larger can be drained. A small flexible tube called an endoscope is passed through the mouth to the stomach and small intestine. The endoscope may be equipped with an ultrasound probe, called an endoscopic ultrasound. A needle or stent may be used to drain the cyst. Sometimes drainage through the skin is necessary.
Surgery
Some types of pancreatic cysts require surgical removal because of the risk of cancer. Surgery might be needed to remove an enlarged pseudocyst or a serous cystadenoma that's causing pain or other symptoms.
A pseudocyst may come back if you have ongoing pancreatitis.