The North America Thyroid Ablation Devices Market would witness market growth of 12.5% CAGR during the forecast period (2022-2028).
Certain factors aid in the higher prevalence of thyroid cancer. When an individual is exposed to radiation or receives radiation to the neck and head as a baby or young child, the chances of getting thyroid cancer increase. Moreover, if a person has thyroid cancer or thyroid illness in their family, has a goiter history, or possesses a genetic disorder like the RET gene-related multiple endocrine neoplasia type 2 syndrome (MEN2), their chances of acquiring thyroid cancer increase.
Due to the rising incidence of thyroid nodules and thyroid cancer, there is a rising demand for both thyroid ablation treatments and devices. Additionally, the introduction of technologically advanced ablation methods and the growing inclination for less invasive surgeries are anticipated to fuel market expansion. Presently, the most popular and effective methods for treating thyroid cancer and nodules are ablation methods.
The CDC claims that the leading cause of death and disability/impairment in the US is a chronic disease. Therefore, RFA technology operations will probably be needed as a result of the rise in chronic diseases in the US. In the United States, there were reportedly 915,664 thyroid cancer patients in 2019. In this nation, thyroid cancer affects about 33,000 women and 12,000 men annually, killing about 950 men and 1,100 women. Thyroid cancer was previously increasing more quickly than any other malignancy in the US. Increased detection through imaging tests like MRI or CT scans performed for other medical issues was mostly responsible for this. The strict diagnostic criteria have helped in decreasing the incidence of thyroid cancer by roughly 2% per year since 2014. This has helped in more people adopting for thyroid cancer and nodules ablation treatment.
The US market dominated the North America Thyroid Ablation Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $78,493.1 Thousands by 2028. The Canada market is poised to grow at a CAGR of 15% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 14% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Thyroid Ablation Devices Market is Estimated to reach $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
- US
- Canada
- Mexico
- Rest of North America
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Thyroid Ablation Devices Market, by End-use
1.4.2 North America Thyroid Ablation Devices Market, by Type
1.4.3 North America Thyroid Ablation Devices Market, by Application
1.4.4 North America Thyroid Ablation Devices Market, by Product
1.4.5 North America Thyroid Ablation Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Thyroid Ablation Devices Market by End-use
3.1 North America Hospitals Market by Country
3.2 North America Ambulatory Surgical Centers (ASCs) Market by Country
3.3 North America Cancer Specialty Centers Market by Country
3.4 North America Others Market by Country
Chapter 4. North America Thyroid Ablation Devices Market by Type
4.1 North America Radiofrequency Ablation Market by Country
4.2 North America Microwave Ablation Market by Country
4.3 North America Others Market by Country
Chapter 5. North America Thyroid Ablation Devices Market by Application
5.1 North America Thyroid Cancer Market by Country
5.2 North America Thyroid Nodules Market by Country
Chapter 6. North America Thyroid Ablation Devices Market by Product
6.1 North America Thermal-based Devices Market by Country
6.2 North America Non-thermal-based Devices Market by Country
Chapter 7. North America Thyroid Ablation Devices Market by Country
7.1 US Thyroid Ablation Devices Market
7.1.1 US Thyroid Ablation Devices Market by End-use
7.1.2 US Thyroid Ablation Devices Market by Type
7.1.3 US Thyroid Ablation Devices Market by Application
7.1.4 US Thyroid Ablation Devices Market by Product
7.2 Canada Thyroid Ablation Devices Market
7.2.1 Canada Thyroid Ablation Devices Market by End-use
7.2.2 Canada Thyroid Ablation Devices Market by Type
7.2.3 Canada Thyroid Ablation Devices Market by Application
7.2.4 Canada Thyroid Ablation Devices Market by Product
7.3 Mexico Thyroid Ablation Devices Market
7.3.1 Mexico Thyroid Ablation Devices Market by End-use
7.3.2 Mexico Thyroid Ablation Devices Market by Type
7.3.3 Mexico Thyroid Ablation Devices Market by Application
7.3.4 Mexico Thyroid Ablation Devices Market by Product
7.4 Rest of North America Thyroid Ablation Devices Market
7.4.1 Rest of North America Thyroid Ablation Devices Market by End-use
7.4.2 Rest of North America Thyroid Ablation Devices Market by Type
7.4.3 Rest of North America Thyroid Ablation Devices Market by Application
7.4.4 Rest of North America Thyroid Ablation Devices Market by Product
Chapter 8. Company Profiles
8.1 Medtronic PLC
8.1.1 Company overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Boston Scientific Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.3 Integra LifeSciences Holdings Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.4 Johnson & Johnson
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental &Regional Analysis
8.4.4 Research & Development Expenses
8.5 Theraclion SA
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Research & Development Expenses
8.6 Olympus Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.7 Terumo Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Regional Analysis
8.8 BVM Medical Limited
8.8.1 Company Overview
8.9 MedWaves, Inc.
8.9.1 Company Overview
8.10. STARmed Co. Ltd.
8.10.1 Company Overview
TABLE 1 North America Thyroid Ablation Devices Market, 2018 - 2021, USD Thousands
TABLE 2 North America Thyroid Ablation Devices Market, 2022 - 2028, USD Thousands
TABLE 3 North America Thyroid Ablation Devices Market by End-use, 2018 - 2021, USD Thousands
TABLE 4 North America Thyroid Ablation Devices Market by End-use, 2022 - 2028, USD Thousands
TABLE 5 North America Hospitals Market by Country, 2018 - 2021, USD Thousands
TABLE 6 North America Hospitals Market by Country, 2022 - 2028, USD Thousands
TABLE 7 North America Ambulatory Surgical Centers (ASCs) Market by Country, 2018 - 2021, USD Thousands
TABLE 8 North America Ambulatory Surgical Centers (ASCs) Market by Country, 2022 - 2028, USD Thousands
TABLE 9 North America Cancer Specialty Centers Market by Country, 2018 - 2021, USD Thousands
TABLE 10 North America Cancer Specialty Centers Market by Country, 2022 - 2028, USD Thousands
TABLE 11 North America Others Market by Country, 2018 - 2021, USD Thousands
TABLE 12 North America Others Market by Country, 2022 - 2028, USD Thousands
TABLE 13 North America Thyroid Ablation Devices Market by Type, 2018 - 2021, USD Thousands
TABLE 14 North America Thyroid Ablation Devices Market by Type, 2022 - 2028, USD Thousands
TABLE 15 North America Radiofrequency Ablation Market by Country, 2018 - 2021, USD Thousands
TABLE 16 North America Radiofrequency Ablation Market by Country, 2022 - 2028, USD Thousands
TABLE 17 North America Microwave Ablation Market by Country, 2018 - 2021, USD Thousands
TABLE 18 North America Microwave Ablation Market by Country, 2022 - 2028, USD Thousands
TABLE 19 North America Others Market by Country, 2018 - 2021, USD Thousands
TABLE 20 North America Others Market by Country, 2022 - 2028, USD Thousands
TABLE 21 North America Thyroid Ablation Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 22 North America Thyroid Ablation Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 23 North America Thyroid Cancer Market by Country, 2018 - 2021, USD Thousands
TABLE 24 North America Thyroid Cancer Market by Country, 2022 - 2028, USD Thousands
TABLE 25 North America Thyroid Nodules Market by Country, 2018 - 2021, USD Thousands
TABLE 26 North America Thyroid Nodules Market by Country, 2022 - 2028, USD Thousands
TABLE 27 North America Thyroid Ablation Devices Market by Product, 2018 - 2021, USD Thousands
TABLE 28 North America Thyroid Ablation Devices Market by Product, 2022 - 2028, USD Thousands
TABLE 29 North America Thermal-based Devices Market by Country, 2018 - 2021, USD Thousands
TABLE 30 North America Thermal-based Devices Market by Country, 2022 - 2028, USD Thousands
TABLE 31 North America Non-thermal-based Devices Market by Country, 2018 - 2021, USD Thousands
TABLE 32 North America Non-thermal-based Devices Market by Country, 2022 - 2028, USD Thousands
TABLE 33 North America Thyroid Ablation Devices Market by Country, 2018 - 2021, USD Thousands
TABLE 34 North America Thyroid Ablation Devices Market by Country, 2022 - 2028, USD Thousands
TABLE 35 US Thyroid Ablation Devices Market, 2018 - 2021, USD Thousands
TABLE 36 US Thyroid Ablation Devices Market, 2022 - 2028, USD Thousands
TABLE 37 US Thyroid Ablation Devices Market by End-use, 2018 - 2021, USD Thousands
TABLE 38 US Thyroid Ablation Devices Market by End-use, 2022 - 2028, USD Thousands
TABLE 39 US Thyroid Ablation Devices Market by Type, 2018 - 2021, USD Thousands
TABLE 40 US Thyroid Ablation Devices Market by Type, 2022 - 2028, USD Thousands
TABLE 41 US Thyroid Ablation Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 42 US Thyroid Ablation Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 43 US Thyroid Ablation Devices Market by Product, 2018 - 2021, USD Thousands
TABLE 44 US Thyroid Ablation Devices Market by Product, 2022 - 2028, USD Thousands
TABLE 45 Canada Thyroid Ablation Devices Market, 2018 - 2021, USD Thousands
TABLE 46 Canada Thyroid Ablation Devices Market, 2022 - 2028, USD Thousands
TABLE 47 Canada Thyroid Ablation Devices Market by End-use, 2018 - 2021, USD Thousands
TABLE 48 Canada Thyroid Ablation Devices Market by End-use, 2022 - 2028, USD Thousands
TABLE 49 Canada Thyroid Ablation Devices Market by Type, 2018 - 2021, USD Thousands
TABLE 50 Canada Thyroid Ablation Devices Market by Type, 2022 - 2028, USD Thousands
TABLE 51 Canada Thyroid Ablation Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 52 Canada Thyroid Ablation Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 53 Canada Thyroid Ablation Devices Market by Product, 2018 - 2021, USD Thousands
TABLE 54 Canada Thyroid Ablation Devices Market by Product, 2022 - 2028, USD Thousands
TABLE 55 Mexico Thyroid Ablation Devices Market, 2018 - 2021, USD Thousands
TABLE 56 Mexico Thyroid Ablation Devices Market, 2022 - 2028, USD Thousands
TABLE 57 Mexico Thyroid Ablation Devices Market by End-use, 2018 - 2021, USD Thousands
TABLE 58 Mexico Thyroid Ablation Devices Market by End-use, 2022 - 2028, USD Thousands
TABLE 59 Mexico Thyroid Ablation Devices Market by Type, 2018 - 2021, USD Thousands
TABLE 60 Mexico Thyroid Ablation Devices Market by Type, 2022 - 2028, USD Thousands
TABLE 61 Mexico Thyroid Ablation Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 62 Mexico Thyroid Ablation Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 63 Mexico Thyroid Ablation Devices Market by Product, 2018 - 2021, USD Thousands
TABLE 64 Mexico Thyroid Ablation Devices Market by Product, 2022 - 2028, USD Thousands
TABLE 65 Rest of North America Thyroid Ablation Devices Market, 2018 - 2021, USD Thousands
TABLE 66 Rest of North America Thyroid Ablation Devices Market, 2022 - 2028, USD Thousands
TABLE 67 Rest of North America Thyroid Ablation Devices Market by End-use, 2018 - 2021, USD Thousands
TABLE 68 Rest of North America Thyroid Ablation Devices Market by End-use, 2022 - 2028, USD Thousands
TABLE 69 Rest of North America Thyroid Ablation Devices Market by Type, 2018 - 2021, USD Thousands
TABLE 70 Rest of North America Thyroid Ablation Devices Market by Type, 2022 - 2028, USD Thousands
TABLE 71 Rest of North America Thyroid Ablation Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 72 Rest of North America Thyroid Ablation Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 73 Rest of North America Thyroid Ablation Devices Market by Product, 2018 - 2021, USD Thousands
TABLE 74 Rest of North America Thyroid Ablation Devices Market by Product, 2022 - 2028, USD Thousands
TABLE 75 Key Information – Medtronic PLC
TABLE 76 key Information – Boston Scientific Corporation
TABLE 77 Key Information – Integra LifeSciences Holdings Corporation
TABLE 78 Key information –Johnson & Johnson
TABLE 79 Key Information – Theraclion SA
TABLE 80 key Information – Olympus Corporation
TABLE 81 Key Information – Terumo Corporation
TABLE 82 Key Information – BVM Medical Limited
TABLE 83 Key Information – MedWaves, Inc.
TABLE 84 Key Information – StarMed Co. Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Medtronic plc