Canada Thyroid Ablation Devices Market Size & Outlook
Canada thyroid ablation devices market, 2018-2030 (US$M)
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Canada thyroid ablation devices market highlights
- The Canada thyroid ablation devices market generated a revenue of USD 18.0 million in 2023 and is expected to reach USD 35.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 10.1% 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 18.0 million |
| Market revenue in 2030 | USD 35.3 million |
| Growth rate | 10.1% (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, Canada accounted for 10.7% 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 North America, U.S. thyroid ablation devices market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 35.3 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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Canada 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 49.44% in 2023. Horizon Databook has segmented the Canada thyroid ablation devices market based on radiofrequency ablation, microwave ablation covering the revenue growth of each sub-segment from 2018 to 2030.
Canada’s thyroid ablation devices market is anticipated to grow over the forecast period. Government bodies, such as the Canadian Partnership against Cancer, are an integral part of its health system. The key strength of Canadian system is its focus on strategic investments in projects that empower the national health agenda.
Moreover, according to the Thyroid Foundation of Canada, one in ten Canadians suffers from a thyroid condition of one type or another, which are four to seven times more common in women than in men. Thus, increasing cases of thyroid cancers and related disorders may further drive the country’s market growth.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada thyroid ablation devices market , including forecasts for subscribers. This country databook contains high-level insights into Canada thyroid ablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada thyroid ablation devices market size, by type, 2018-2030 (US$M)
Canada Thyroid Ablation Devices Market Outlook Share, 2023 & 2030 (US$M)
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