UAE Thyroid Ablation Devices Market Size & Outlook
UAE thyroid ablation devices market, 2018-2030 (US$M)
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UAE thyroid ablation devices market highlights
- The UAE thyroid ablation devices market generated a revenue of USD 1.7 million in 2023 and is expected to reach USD 3.0 million by 2030.
- The UAE market is expected to grow at a CAGR of 8.5% 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 1.7 million |
| Market revenue in 2030 | USD 3.0 million |
| Growth rate | 8.5% (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, UAE accounted for 1.0% 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 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 |
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UAE 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 47.06% in 2023. Horizon Databook has segmented the UAE thyroid ablation devices market based on radiofrequency ablation, microwave ablation covering the revenue growth of each sub-segment from 2018 to 2030.
In August 2020, the Emirates Oncology Society announced a collaboration with AstraZeneca to decrease cancer deaths in the UAE. This collaboration helped launch a campaign for education, awareness, early detection & treatment, and mass screening to reduce fatalities & increase successful outcomes.
Hence, this collaboration may lead to an increase in demand for RFA and other ablation technologies over the forecast period. Several developments in the country’s healthcare industry are also contributing to market growth.
For instance, in January 2023, Tawam Hospital announced acquiring microwave and RFA devices for the treatment of benign thyroid nodules. These minimally invasive procedures have gained strong demand in the country, further boosting their adoption.
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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 UAE thyroid ablation devices market , including forecasts for subscribers. This country databook contains high-level insights into UAE thyroid ablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE thyroid ablation devices market size, by type, 2018-2030 (US$M)
UAE Thyroid Ablation Devices Market Outlook Share, 2023 & 2030 (US$M)
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