The Europe Thyroid Ablation Devices Market would witness market growth of 12.6% CAGR during the forecast period (2022-2028).
Procedures for thyroid ablation are effective because they potentially carry fewer risks, are less invasive, preserve more thyroid tissue, and aid patients in maintaining normal thyroid function. Radiation exposure is known to raise the risk of developing thyroid cancer. The International Agency for Research on Cancer (IARC) has discovered that having thyroid cancer increases the risk of being overweight or obese. Follicular thyroid carcinoma is more common in areas with poor iodine consumption.
However, iodine-rich food may increase the likelihood of papillary thyroid cancer. More ablation operations are being performed as thyroid cancer incidence rises. In addition, thyroid nodules are on the rise, and they are one of the more common endocrine system illnesses. Therefore, the development of the thyroid ablation devices market is also predicted to be boosted by the introduction of advanced ablation techniques.
Differentiated thyroid cancer (DTC) has been steadily increasing over the past few decades in Europe, with estimates for male and female populations of 3 and 9 cases per 100,000 person-years, respectively. Even though there are epidemiological variations between nations, papillary thyroid cancer (PTC) accounts for 80–85% of instances, follicular cancer for roughly 5%–10%, and medullary and anaplastic cancer for the remainder. Since the mortality rate for this disease is low, most DTCs are not considered to be aggressive tumors. This is further propelling the growth of the thyroid ablation devices market in the coming years.
The Germany market dominated the Europe Thyroid Ablation Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $19,172.8 Thousands by 2028. The UK market is anticipated to grow at a CAGR of 11.6% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 13.4% during (2022 - 2028).
Based on End-use, the market is segmented into Hospitals, Ambulatory Surgical Centers (ASCs), Cancer Specialty Centers and Others. Based on Type, the market is segmented into Radiofrequency Ablation, Microwave Ablation and Others. Based on Application, the market is segmented into Thyroid Cancer and Thyroid Nodules. Based on Product, the market is segmented into Thermal-based Devices and Non-thermal-based Devices. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Thyroid Ablation Devices Market will Hit $289.9 Million by 2028, at a CAGR of 13%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Boston Scientific Corporation, Integra LifeSciences Holdings Corporation, Johnson & Johnson, Theraclion SA, Olympus Corporation, Terumo Corporation, BVM Medical Limited, MedWaves, Inc., and STARmed Co. Ltd.
Scope of the Study
Market Segments Covered in the Report:
By End-use
- Hospitals
- Ambulatory Surgical Centers (ASCs)
- Cancer Specialty Centers
- Others
By Type
- Radiofrequency Ablation
- Microwave Ablation
- Others
By Application
- Thyroid Cancer
- Thyroid Nodules
By Product
- Thermal-based Devices
- Non-thermal-based Devices
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- Boston Scientific Corporation
- Integra LifeSciences Holdings Corporation
- Johnson & Johnson
- Theraclion SA
- Olympus Corporation
- Terumo Corporation
- BVM Medical Limited
- MedWaves, Inc.
- STARmed Co. Ltd.
TABLE 1 Europe Thyroid Ablation Devices Market, 2018 - 2021, USD Thousands
TABLE 2 Europe Thyroid Ablation Devices Market, 2022 - 2028, USD Thousands
TABLE 3 Europe Thyroid Ablation Devices Market by End-use, 2018 - 2021, USD Thousands
TABLE 4 Europe Thyroid Ablation Devices Market by End-use, 2022 - 2028, USD Thousands
TABLE 5 Europe Hospitals Market by Country, 2018 - 2021, USD Thousands
TABLE 6 Europe Hospitals Market by Country, 2022 - 2028, USD Thousands
TABLE 7 Europe Ambulatory Surgical Centers (ASCs) Market by Country, 2018 - 2021, USD Thousands
TABLE 8 Europe Ambulatory Surgical Centers (ASCs) Market by Country, 2022 - 2028, USD Thousands
TABLE 9 Europe Cancer Specialty Centers Market by Country, 2018 - 2021, USD Thousands
TABLE 10 Europe Cancer Specialty Centers Market by Country, 2022 - 2028, USD Thousands
TABLE 11 Europe Others Market by Country, 2018 - 2021, USD Thousands
TABLE 12 Europe Others Market by Country, 2022 - 2028, USD Thousands
TABLE 13 Europe Thyroid Ablation Devices Market by Type, 2018 - 2021, USD Thousands
TABLE 14 Europe Thyroid Ablation Devices Market by Type, 2022 - 2028, USD Thousands
TABLE 15 Europe Radiofrequency Ablation Market by Country, 2018 - 2021, USD Thousands
TABLE 16 Europe Radiofrequency Ablation Market by Country, 2022 - 2028, USD Thousands
TABLE 17 Europe Microwave Ablation Market by Country, 2018 - 2021, USD Thousands
TABLE 18 Europe Microwave Ablation Market by Country, 2022 - 2028, USD Thousands
TABLE 19 Europe Others Market by Country, 2018 - 2021, USD Thousands
TABLE 20 Europe Others Market by Country, 2022 - 2028, USD Thousands
TABLE 21 Europe Thyroid Ablation Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 22 Europe Thyroid Ablation Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 23 Europe Thyroid Cancer Market by Country, 2018 - 2021, USD Thousands
TABLE 24 Europe Thyroid Cancer Market by Country, 2022 - 2028, USD Thousands
TABLE 25 Europe Thyroid Nodules Market by Country, 2018 - 2021, USD Thousands
TABLE 26 Europe Thyroid Nodules Market by Country, 2022 - 2028, USD Thousands
TABLE 27 Europe Thyroid Ablation Devices Market by Product, 2018 - 2021, USD Thousands
TABLE 28 Europe Thyroid Ablation Devices Market by Product, 2022 - 2028, USD Thousands
TABLE 29 Europe Thermal-based Devices Market by Country, 2018 - 2021, USD Thousands
TABLE 30 Europe Thermal-based Devices Market by Country, 2022 - 2028, USD Thousands
TABLE 31 Europe Non-thermal-based Devices Market by Country, 2018 - 2021, USD Thousands
TABLE 32 Europe Non-thermal-based Devices Market by Country, 2022 - 2028, USD Thousands
TABLE 33 Europe Thyroid Ablation Devices Market by Country, 2018 - 2021, USD Thousands
TABLE 34 Europe Thyroid Ablation Devices Market by Country, 2022 - 2028, USD Thousands
TABLE 35 Germany Thyroid Ablation Devices Market, 2018 - 2021, USD Thousands
TABLE 36 Germany Thyroid Ablation Devices Market, 2022 - 2028, USD Thousands
TABLE 37 Germany Thyroid Ablation Devices Market by End-use, 2018 - 2021, USD Thousands
TABLE 38 Germany Thyroid Ablation Devices Market by End-use, 2022 - 2028, USD Thousands
TABLE 39 Germany Thyroid Ablation Devices Market by Type, 2018 - 2021, USD Thousands
TABLE 40 Germany Thyroid Ablation Devices Market by Type, 2022 - 2028, USD Thousands
TABLE 41 Germany Thyroid Ablation Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 42 Germany Thyroid Ablation Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 43 Germany Thyroid Ablation Devices Market by Product, 2018 - 2021, USD Thousands
TABLE 44 Germany Thyroid Ablation Devices Market by Product, 2022 - 2028, USD Thousands
TABLE 45 UK Thyroid Ablation Devices Market, 2018 - 2021, USD Thousands
TABLE 46 UK Thyroid Ablation Devices Market, 2022 - 2028, USD Thousands
TABLE 47 UK Thyroid Ablation Devices Market by End-use, 2018 - 2021, USD Thousands
TABLE 48 UK Thyroid Ablation Devices Market by End-use, 2022 - 2028, USD Thousands
TABLE 49 UK Thyroid Ablation Devices Market by Type, 2018 - 2021, USD Thousands
TABLE 50 UK Thyroid Ablation Devices Market by Type, 2022 - 2028, USD Thousands
TABLE 51 UK Thyroid Ablation Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 52 UK Thyroid Ablation Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 53 UK Thyroid Ablation Devices Market by Product, 2018 - 2021, USD Thousands
TABLE 54 UK Thyroid Ablation Devices Market by Product, 2022 - 2028, USD Thousands
TABLE 55 France Thyroid Ablation Devices Market, 2018 - 2021, USD Thousands
TABLE 56 France Thyroid Ablation Devices Market, 2022 - 2028, USD Thousands
TABLE 57 France Thyroid Ablation Devices Market by End-use, 2018 - 2021, USD Thousands
TABLE 58 France Thyroid Ablation Devices Market by End-use, 2022 - 2028, USD Thousands
TABLE 59 France Thyroid Ablation Devices Market by Type, 2018 - 2021, USD Thousands
TABLE 60 France Thyroid Ablation Devices Market by Type, 2022 - 2028, USD Thousands
TABLE 61 France Thyroid Ablation Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 62 France Thyroid Ablation Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 63 France Thyroid Ablation Devices Market by Product, 2018 - 2021, USD Thousands
TABLE 64 France Thyroid Ablation Devices Market by Product, 2022 - 2028, USD Thousands
TABLE 65 Russia Thyroid Ablation Devices Market, 2018 - 2021, USD Thousands
TABLE 66 Russia Thyroid Ablation Devices Market, 2022 - 2028, USD Thousands
TABLE 67 Russia Thyroid Ablation Devices Market by End-use, 2018 - 2021, USD Thousands
TABLE 68 Russia Thyroid Ablation Devices Market by End-use, 2022 - 2028, USD Thousands
TABLE 69 Russia Thyroid Ablation Devices Market by Type, 2018 - 2021, USD Thousands
TABLE 70 Russia Thyroid Ablation Devices Market by Type, 2022 - 2028, USD Thousands
TABLE 71 Russia Thyroid Ablation Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 72 Russia Thyroid Ablation Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 73 Russia Thyroid Ablation Devices Market by Product, 2018 - 2021, USD Thousands
TABLE 74 Russia Thyroid Ablation Devices Market by Product, 2022 - 2028, USD Thousands
TABLE 75 Spain Thyroid Ablation Devices Market, 2018 - 2021, USD Thousands
TABLE 76 Spain Thyroid Ablation Devices Market, 2022 - 2028, USD Thousands
TABLE 77 Spain Thyroid Ablation Devices Market by End-use, 2018 - 2021, USD Thousands
TABLE 78 Spain Thyroid Ablation Devices Market by End-use, 2022 - 2028, USD Thousands
TABLE 79 Spain Thyroid Ablation Devices Market by Type, 2018 - 2021, USD Thousands
TABLE 80 Spain Thyroid Ablation Devices Market by Type, 2022 - 2028, USD Thousands
TABLE 81 Spain Thyroid Ablation Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 82 Spain Thyroid Ablation Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 83 Spain Thyroid Ablation Devices Market by Product, 2018 - 2021, USD Thousands
TABLE 84 Spain Thyroid Ablation Devices Market by Product, 2022 - 2028, USD Thousands
TABLE 85 Italy Thyroid Ablation Devices Market, 2018 - 2021, USD Thousands
TABLE 86 Italy Thyroid Ablation Devices Market, 2022 - 2028, USD Thousands
TABLE 87 Italy Thyroid Ablation Devices Market by End-use, 2018 - 2021, USD Thousands
TABLE 88 Italy Thyroid Ablation Devices Market by End-use, 2022 - 2028, USD Thousands
TABLE 89 Italy Thyroid Ablation Devices Market by Type, 2018 - 2021, USD Thousands
TABLE 90 Italy Thyroid Ablation Devices Market by Type, 2022 - 2028, USD Thousands
TABLE 91 Italy Thyroid Ablation Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 92 Italy Thyroid Ablation Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 93 Italy Thyroid Ablation Devices Market by Product, 2018 - 2021, USD Thousands
TABLE 94 Italy Thyroid Ablation Devices Market by Product, 2022 - 2028, USD Thousands
TABLE 95 Rest of Europe Thyroid Ablation Devices Market, 2018 - 2021, USD Thousands
TABLE 96 Rest of Europe Thyroid Ablation Devices Market, 2022 - 2028, USD Thousands
TABLE 97 Rest of Europe Thyroid Ablation Devices Market by End-use, 2018 - 2021, USD Thousands
TABLE 98 Rest of Europe Thyroid Ablation Devices Market by End-use, 2022 - 2028, USD Thousands
TABLE 99 Rest of Europe Thyroid Ablation Devices Market by Type, 2018 - 2021, USD Thousands
TABLE 100 Rest of Europe Thyroid Ablation Devices Market by Type, 2022 - 2028, USD Thousands
TABLE 101 Rest of Europe Thyroid Ablation Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 102 Rest of Europe Thyroid Ablation Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 103 Rest of Europe Thyroid Ablation Devices Market by Product, 2018 - 2021, USD Thousands
TABLE 104 Rest of Europe Thyroid Ablation Devices Market by Product, 2022 - 2028, USD Thousands
TABLE 105 Key Information – Medtronic PLC
TABLE 106 key Information – Boston Scientific Corporation
TABLE 107 Key Information – Integra LifeSciences Holdings Corporation
TABLE 108 Key information –Johnson & Johnson
TABLE 109 Key Information – Theraclion SA
TABLE 110 key Information – Olympus Corporation
TABLE 111 Key Information – Terumo Corporation
TABLE 112 Key Information – BVM Medical Limited
TABLE 113 Key Information – MedWaves, Inc.
TABLE 114 Key Information – StarMed Co. Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Medtronic plc