Italy Thyroid Ablation Devices Market Size & Outlook
Italy thyroid ablation devices market, 2018-2030 (US$M)
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Italy thyroid ablation devices market highlights
- The Italy thyroid ablation devices market generated a revenue of USD 3.6 million in 2023 and is expected to reach USD 5.9 million by 2030.
- The Italy market is expected to grow at a CAGR of 7.6% 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 3.6 million |
| Market revenue in 2030 | USD 5.9 million |
| Growth rate | 7.6% (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, Italy accounted for 2.1% 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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Italy 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 Italy thyroid ablation devices market based on radiofrequency ablation, microwave ablation covering the revenue growth of each sub-segment from 2018 to 2030.
Thyroid cancer incidence in Italy is one of the highest among all European countries. The increasing incidence of thyroid cancer is anticipated to fuel the growth of cancer therapies in the country. The National Health System funds cancer treatment and the central government drafts policies for cancer control & issues funds for cancer control.
The Italian National Health System conducts cancer control programs periodically. Such supportive government initiatives are anticipated to propel the market in this country. Italy has a tax-funded healthcare system; over 75% of medical device expenditures are covered by the public healthcare system.
The role of private health insurance is very limited; accounting for nearly 2% of total health spending in 2019. The larger, other noticeable regions have regional HTA agencies, such as Emilia-Romagna Regional Health Authority and Lombardy (General Directory of Health).
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy thyroid ablation devices market , including forecasts for subscribers. This country databook contains high-level insights into Italy thyroid ablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy thyroid ablation devices market size, by type, 2018-2030 (US$M)
Italy Thyroid Ablation Devices Market Outlook Share, 2023 & 2030 (US$M)
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