Norway Thyroid Ablation Devices Market Size & Outlook
Norway thyroid ablation devices market, 2018-2030 (US$M)
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Norway thyroid ablation devices market highlights
- The Norway thyroid ablation devices market generated a revenue of USD 1.2 million in 2023 and is expected to reach USD 2.2 million by 2030.
- The Norway market is expected to grow at a CAGR of 8.4% 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 1.2 million |
| Market revenue in 2030 | USD 2.2 million |
| Growth rate | 8.4% (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, Norway 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 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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Norway 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 Norway thyroid ablation devices market based on radiofrequency ablation, microwave ablation covering the revenue growth of each sub-segment from 2018 to 2030.
Norway's healthcare infrastructure for thyroid ablation devices is well-developed and patientcentered, with a strong focus on quality, safety, and innovation. There are significant opportunities for U.S.-based companies that have innovative products related to several medical devices, such as ablation devices, thyroid ablation devices, and others.
There is strong opportunity for several new entrants to enter and establish their presence in Norway. There are no specific regulations for medical devices in Norway. The Norwegian Health Economics Administration makes decisions on reimbursement for separate patients where there is no general reimbursement or for an indication that is not covered by general reimbursement.
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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 Norway thyroid ablation devices market , including forecasts for subscribers. This country databook contains high-level insights into Norway thyroid ablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Norway thyroid ablation devices market size, by type, 2018-2030 (US$M)
Norway Thyroid Ablation Devices Market Outlook Share, 2023 & 2030 (US$M)
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