Global Thyroid Ablation Device Market Growth 2025-2031

The global Thyroid Ablation Device market size is predicted to grow from US$ 177 million in 2025 to US$ 229 million in 2031; it is expected to grow at a CAGR of 4.4% from 2025 to 2031.

Thyroid Ablation Device procedure is typically performed using a needle-like electrode, which is inserted into the tissue. High-frequency radio waves are then passed through the electrode, which generates heat and destroys the tissue.

The global medical device market is estimated to be US$603.3 billion in 2023, and is expected to grow at a CAGR of 5% over the next six years. At present, global health care expenditure accounts for about 10% of global GDP, and the proportion will continue to increase in the next few years. It is mainly due to the increasing demand for healthcare from an aging population, rising prevalence of chronic and infectious diseases, and expansion in emerging markets. The medical devices market plays an important role in the healthcare spending industry. The medical devices market is driven by several factors, mainly including increasing global demand for advanced medical services, advancements in medical technology, growing geriatric population, rising healthcare spending, and growing awareness for early disease diagnosis and treatment, among others.

LP Information, Inc. (LPI) ' newest research report, the “Thyroid Ablation Device Industry Forecast” looks at past sales and reviews total world Thyroid Ablation Device sales in 2024, providing a comprehensive analysis by region and market sector of projected Thyroid Ablation Device sales for 2025 through 2031. With Thyroid Ablation Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thyroid Ablation Device industry.

This Insight Report provides a comprehensive analysis of the global Thyroid Ablation Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Thyroid Ablation Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Thyroid Ablation Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thyroid Ablation Device and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Thyroid Ablation Device.

This report presents a comprehensive overview, market shares, and growth opportunities of Thyroid Ablation Device market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Radiofrequency Ablation

Microwave Ablation

Segmentation by Application:

Hospital

Clinic

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

Boston Scientific Corporation

STARmed

BVM Medical System

RF Medical Co Ltd

Integra LifeSciences

Terumo Corporation

Johnson & Johnson

Theraclion

STARmed Co., Ltd.

Medtronic Plc

Medwaves

Olympus Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Thyroid Ablation Device market?

What factors are driving Thyroid Ablation Device market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Thyroid Ablation Device market opportunities vary by end market size?

How does Thyroid Ablation Device break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.