Mexico Thyroid Ablation Devices Market Size & Outlook
Mexico thyroid ablation devices market, 2018-2030 (US$M)
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Mexico thyroid ablation devices market highlights
- The Mexico thyroid ablation devices market generated a revenue of USD 5.5 million in 2023 and is expected to reach USD 11.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 10.7% 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 5.5 million |
| Market revenue in 2030 | USD 11.2 million |
| Growth rate | 10.7% (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, Mexico accounted for 3.3% 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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Mexico 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 49.09% in 2023. Horizon Databook has segmented the Mexico thyroid ablation devices market based on radiofrequency ablation, microwave ablation covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico’s healthcare system is dominated by private players, and healthcare delivery through private entities operates entirely as a free market. As of 2021, Mexico had over 4,995 operating hospitals and is one of the major hubs for medical device export to the Americas and Europe.
This provides a major opportunity for thyroid ablation devices market players looking to gain a competitive advantage. Brazilian Community Health Services provides funds for early detection and primary prevention of cancer.
This is anticipated to increase the number of individuals undergoing screening and treatment, thereby, fueling the market growth. However, strong presence of alternative and complementary treatment options may hamper the thyroid ablation devices market over the forecast period.
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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 Mexico thyroid ablation devices market , including forecasts for subscribers. This country databook contains high-level insights into Mexico thyroid ablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico thyroid ablation devices market size, by type, 2018-2030 (US$M)
Mexico Thyroid Ablation Devices Market Outlook Share, 2023 & 2030 (US$M)
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