Global Thyroid Ablation Devices Market Size & Outlook

The global thyroid ablation devices market size was estimated at USD 168.5 million in 2023 and is projected to reach USD 318.4 million by 2030, growing at a CAGR of 9.6% from 2024 to 2030.
Revenue, 2023 (US$M)
$168.5
Forecast, 2030 (US$M)
$318.4
CAGR, 2024 - 2030
9.6%
Report Coverage
Worldwide

Global thyroid ablation devices market, 2018-2030 (US$M)

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Global thyroid ablation devices market highlights

  • The global thyroid ablation devices market generated a revenue of USD 168.5 million in 2023 and is expected to reach USD 318.4 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 9.5% by 2030.
  • In terms of segment, radiofrequency ablation accounted for a revenue of USD 83.5 million in 2023.
  • Microwave Ablation is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 168.5 million
Market revenue in 2030USD 318.4 million
Growth rate9.5% (CAGR from 2023 to 2030)
Largest segmentRadiofrequency ablation
Fastest growing segmentMicrowave Ablation
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRadiofrequency Ablation, Microwave Ablation

Other key industry trends

  • In terms of revenue, the North America accounted for 35.2% of the global thyroid ablation devices market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Italy is the fastest growing regional market and is projected to reach USD 5.9 million by 2030.

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Thyroid Ablation Devices Market Companies

Name Profile # Employees HQ Website
StarMed View profile 11-50 Grafing, Bayern, Germany, Europe https://www.starmed-technik.de
Medwave View profile - Danvers, Massachusetts, United States, North America -
Theraclion View profile 29 102, rue Etienne Dolet, Malakoff, France, 92240 http://www.theraclion.com
BVM Medical View profile 11-50 Hinckley, Leicestershire, United Kingdom, Europe http://www.bvmmedical.com
Terumo Corp View profile 30207 2-44-1 Hatagaya, Shibuya-ku, Tokyo, Japan, 151-0072 https://www.terumo.com
Integra Lifesciences Holdings Corp View profile 3946 1100 Campus Road, Princeton, NJ, United States, 08540 https://www.integralife.com
Olympus Corp View profile 33629 Shinjuku Monolith, 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 163-0914 http://www.olympus.co.jp
Boston Scientific Corp View profile 48000 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 https://www.bostonscientific.com
Medtronic PLC View profile 95000 Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 https://www.medtronic.com
Johnson & Johnson View profile 134400 One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 https://www.jnj.com

Global thyroid ablation devices market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to thyroid ablation devices market will help companies and investors design strategic landscapes.


Radiofrequency ablation was the largest segment with a revenue share of 49.55% in 2023. Horizon Databook has segmented the Global thyroid ablation devices market based on radiofrequency ablation, microwave ablation covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Thyroid Ablation Devices Type Outlook (Revenue, USD Million, 2018-2030)
    • Radiofrequency Ablation
    • Microwave Ablation
    • Others
  • Global Thyroid Ablation Devices Product Outlook (Revenue, USD Million, 2018-2030)
    • Thermal Based Devices
    • Non-Thermal Based Devices
  • Global Thyroid Ablation Devices Application Outlook (Revenue, USD Million, 2018-2030)
    • Thyroid Cancer
    • Thyroid Nodules
  • Global Thyroid Ablation Devices End use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals
    • Ambulatory Surgical Centres
    • Cancer Specialty Centres
    • Others

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Target buyers of Global thyroid ablation devices market databook

  • Our clientele includes a mix of thyroid ablation devices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global thyroid ablation devices market , including forecasts for subscribers. This global databook contains high-level insights into Global thyroid ablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global thyroid ablation devices market size, by regions, 2018-2030 (US$M)

Top 10 countries: Thyroid ablation devices market size, 2023 (US$M)

Global thyroid ablation devices market share, by type, 2023 & 2030 (%, US$M)

Thyroid ablation devices market: Opportunity assessment by country

Global thyroid ablation devices market, by region, 2023 (US$M)

Global thyroid ablation devices market size, by regions, 2018-2030 (US$M)

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