Kuwait Thyroid Ablation Devices Market Size & Outlook
Kuwait thyroid ablation devices market, 2018-2030 (US$M)
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Kuwait thyroid ablation devices market highlights
- The Kuwait thyroid ablation devices market generated a revenue of USD 1.1 million in 2023 and is expected to reach USD 2.0 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, radiofrequency ablation was the largest revenue generating type in 2023.
- Radiofrequency 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 1.1 million |
| Market revenue in 2030 | USD 2.0 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Radiofrequency ablation |
| Fastest growing segment | Radiofrequency 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, Kuwait accounted for 0.7% 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 Middle East & Africa, South Africa thyroid ablation devices market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 5.2 million by 2030.
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Thyroid Ablation Devices Market Scope
Thyroid Ablation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Kuwait 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 45.45% in 2023. Horizon Databook has segmented the Kuwait thyroid ablation devices market based on radiofrequency ablation, microwave ablation covering the revenue growth of each sub-segment from 2018 to 2030.
Kuwait represents a favorable investment outlook, with the country focusing on investments in the private sector. In addition, favorable government initiatives can further drive the country’s market over the coming years.
In January 2023, The National Cancer Awareness Campaign (CAN) launched a program that aims to educate people about cancer, particularly the youth, which represents 72% of Kuwaiti society. Increasing awareness about early detection of cancer and advancements in technologies can further boost the adoption of thyroid ablation devices in the country.
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Target buyers of Kuwait thyroid ablation devices market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait thyroid ablation devices market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait thyroid ablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait thyroid ablation devices market size, by type, 2018-2030 (US$M)
Kuwait Thyroid Ablation Devices Market Outlook Share, 2023 & 2030 (US$M)
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