Germany Thyroid Ablation Devices Market Size & Outlook
Germany thyroid ablation devices market, 2018-2030 (US$M)
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Germany thyroid ablation devices market highlights
- The Germany thyroid ablation devices market generated a revenue of USD 9.8 million in 2023 and is expected to reach USD 18.3 million by 2030.
- The Germany market is expected to grow at a CAGR of 9.3% 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 9.8 million |
| Market revenue in 2030 | USD 18.3 million |
| Growth rate | 9.3% (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, Germany accounted for 5.8% 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 Europe, UK thyroid ablation devices market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 6.3 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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Germany 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 50% in 2023. Horizon Databook has segmented the Germany thyroid ablation devices market based on radiofrequency ablation, microwave ablation covering the revenue growth of each sub-segment from 2018 to 2030.
Germany’s healthcare system is considered the pioneering one in public health support, with the oldest national social health insurance system. Schemes such as Statutory Health Insurance are strengthening healthcare infrastructure, facilitating people to undergo advanced treatment, and hence, increasing the demand for thyroid ablation devices.
Thyroid nodules are mostly diagnosed in Germany with an occurrence rate of approximately 20% in young adults and 70% in older adults. Furthermore, the radiofrequency ablation cost in country is approximately USD 9,000 to USD 11,000. The overall cost of the treatment depends upon the facilities and diagnosis opted by the patient.
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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 Germany thyroid ablation devices market , including forecasts for subscribers. This country databook contains high-level insights into Germany thyroid ablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany thyroid ablation devices market size, by type, 2018-2030 (US$M)
Germany Thyroid Ablation Devices Market Outlook Share, 2023 & 2030 (US$M)
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