Spain Thyroid Ablation Devices Market Size & Outlook
Spain thyroid ablation devices market, 2018-2030 (US$M)
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Spain thyroid ablation devices market highlights
- The Spain thyroid ablation devices market generated a revenue of USD 3.3 million in 2023 and is expected to reach USD 6.3 million by 2030.
- The Spain market is expected to grow at a CAGR of 9.6% 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 3.3 million |
| Market revenue in 2030 | USD 6.3 million |
| Growth rate | 9.6% (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, Spain accounted for 2.0% 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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Spain 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 48.48% in 2023. Horizon Databook has segmented the Spain thyroid ablation devices market based on radiofrequency ablation, microwave ablation covering the revenue growth of each sub-segment from 2018 to 2030.
Spain has a favorable healthcare system that encourages several players to enter the country, further propelling the market. According to WHO, compared to other OECD European countries, the Spanish healthcare system is more advanced and promotes the adoption of innovative technologies among practitioners.
These factors would increase the adoption of thyroid ablation devices in the country. Any individual that needs to manufacture medical devices or medicinal products in Spain, must be earlier authorized as a manufacturer by the Spanish Agency of Medicines and Medical Products, in compliance with the provisions contained in Royal Decree 824/2010 or Royal Decree 1591/2009, as the case may be.
In Spain, the reimbursement framework is established by the National Health System and may vary depending on the community. The reimbursement rates may be based on factors such as the complexity of the procedure, the type of equipment used, and the associated costs of care.
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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 Spain thyroid ablation devices market , including forecasts for subscribers. This country databook contains high-level insights into Spain thyroid ablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain thyroid ablation devices market size, by type, 2018-2030 (US$M)
Spain Thyroid Ablation Devices Market Outlook Share, 2023 & 2030 (US$M)
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