Brazil Thyroid Ablation Devices Market Size & Outlook
Brazil thyroid ablation devices market, 2018-2030 (US$M)
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Brazil thyroid ablation devices market highlights
- The Brazil thyroid ablation devices market generated a revenue of USD 7.5 million in 2023 and is expected to reach USD 14.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
- In terms of segment, radiofrequency ablation was the largest revenue generating type in 2023.
- Microwave Ablation is the most lucrative type segment registering the fastest growth during the forecast period.
Thyroid ablation devices market data book summary
| Market revenue in 2023 | USD 7.5 million |
| Market revenue in 2030 | USD 14.5 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Radiofrequency ablation |
| Fastest growing segment | Microwave Ablation |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radiofrequency Ablation, Microwave Ablation |
| Key market players worldwide | Boston Scientific Corp, BVM Medical, Integra Lifesciences Holdings Corp, Johnson & Johnson, Medtronic PLC, Olympus Corp, Terumo Corp, Theraclion, Medwave, StarMed |
Other key industry trends
- In terms of revenue, Brazil accounted for 4.5% of the global thyroid ablation devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil thyroid ablation devices market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 11.2 million by 2030.
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Thyroid Ablation Devices Market Scope
Thyroid Ablation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 49.33% in 2023. Horizon Databook has segmented the Brazil thyroid ablation devices market based on radiofrequency ablation, microwave ablation covering the revenue growth of each sub-segment from 2018 to 2030.
Growing healthcare expenditure by Brazil’s government is expected to play a positive role in the country’s market progress. Market growth can also be attributed to Sistema Unico de Saude (SUS), the public health system, which covers health insurance for all citizens in Brazil.
Moderate living standards and high prevalence of infectious diseases are creating a high demand for improved treatment & diagnostic options. Companies based in Brazil can apply for ANVISA registration, while foreign manufacturers must collaborate with distributors or third-party companies to obtain registration.
All products must be in compliance with Brazil’s GMPs, which are similar to ISO 13485 and QSR. Most products that comply with ISO 13485 and QSR will comply with B-GMP. Representatives will need to submit documents, such as technical dossiers, legal documents, labeling information, clinical data, and clinical studies if required.
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Our clientele includes a mix of thyroid ablation devices market companies, investment firms, advisory firms & academic institutions.
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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 country-level data and insights on the Brazil thyroid ablation devices market , including forecasts for subscribers. This country databook contains high-level insights into Brazil thyroid ablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil thyroid ablation devices market size, by type, 2018-2030 (US$M)
Brazil Thyroid Ablation Devices Market Outlook Share, 2023 & 2030 (US$M)
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