Smith & Nephew, BIOTRONIK SE & Co. KG and Medtronic are Dominating in the Middle East and Africa Thyroid Ablation Devices Market in 2020

Middle East and Africa Thyroid Ablation Devices Market is expected to grow with the CAGR of 9.7% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below:

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Middle East and Africa thyroid ablation devices market is a highly consolidated market which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Middle East and Africa thyroid ablation devices market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement into the market. This has helped the companies to maximize the sales with enhanced product portfolio. For instance, in October 2020, Olympus Corporation had collaborated with CYBERNET SYSTEMS, CO, LTD to establish an AI diagnostic support system at a major medical institution, the Asian Institute of Gastroenterology (AIG) based in Hyderabad, India. The initiative by the company would ensure that the lecturers from Showa University Northern Yokohama Hospital deliver expert guidance to AIG doctors. It would deliver a positive growth in the market.

Smith & Nephew is the dominating player in Middle East and Africa thyroid ablation devices market. The other key players existing in the thyroid ablation devices market includes Medtronic, Biosense Webster, Inc, Boston Scientific Corporation , Olympus Coropration, Koninklijke Philips N.V., and BIOTRONIK SE & Co. KG, Terumo Europe NV (a subsidiary of Terumo Corporation), Stryker, Merit Medical Systems, IceCure Medical, Biosense Webster, Inc. (a subsidiary of Johnson & Johnson Services, Inc.) among others.

Middle East and Africa Thyroid Ablation Devices MarketSmith & Nephew:

Smith & Nephew is headquartered in in Hertfordshire, U.K. and was founded 1856. The company engages in the development, manufacture, marketing and sale of medical devices. The company deals in multiple business segments such as advanced wound management, orthopedics & trauma and sports medicine & ENT among which sports medicine & ENT is the market focused segment. The company provides products under categories such as wound care products, wound therapy areas, dressing types, orthopedic reconstruction, real intelligence, sports medicine, trauma & extremities and ENT among which ENT and sports medicine are the market focused categories.

For instance,

  • In September 2020, Smith & Nephew announced that they have signed a partnership to pilot its innovative Bump social-distancing system with Tharus, a robotic company. Under this, Tharus will upgrade the manufacturing process of the company which will help to maintain social distancing and to bring people to work. This will help the company to meet the global demand of products.

The company has wide presence across North America, South America, Europe, Asia-Pacific and Middle East and Africa. The company has various subsidiary companies such as Smith & Nephew Argentina S.R.L.2 (Argentina), Smith & Nephew Pty Limited (Australia), Smith & Nephew Medical (Shanghai) Limited (China), Smith & Nephew S.A. de C.V. (Mexico), Smith & Nephew Limited1 (New Zealand) among others.

BIOTRONIK SE & Co. KG

BIOTRONIK SE & Co. KG is headquartered in Berlin, Germany and was founded 1963. The company is engaged in providing the safe and reliable products such as pacemakers, stents and implantable defibrillators. The company provides products under categories such as Arrhythmia Monitoring, Bradycardia, Tachycardia, Cardiac Resynchronization, External Devices, Delivery Systems Transmitter Coronary Vascular Intervention, Peripheral Vascular Intervention, Ablation Catheters, Diagnostic Catheters, Accessories EP, External Devices EP, Manual Library, Product Performance Report, Home Monitoring Service Center, Material Compliance out of which Ablation Catheters, External Device EP is the market focused category.

For instance,

  • In May 2020, BIOTRONIK SE & Co. KG announced that they have a partnership with Acutus medical to provide a comprehensive portfolio of electrophysiology, mapping, and ablation and accessory products for catheter-based products across select markets, including Europe and Asia. This will increase the presence of the company in the European region.

The company has wide presence across North America, South America, Asia- Pacific, Europe, Middle East and Africa. The company has various subsidiary companies such as Biotronik, Inc. (U.S.), BIOTRONIK Asia Pacific Pte Ltd (Singapore), BIOTRONIK Argentina S.R.L. (Argentina), BIOTRONIK Bulgaria Ltd. (Bulgaria), and ARLAB S.A. (Chile) among others.

Medtronic

Medtronic is headquartered in Dublin, Ireland and was founded 1949. The company is focused on keeping employees safe as we work to provide healthcare teams with the life-saving products they need to continue to treat patients around the world. The company provides products under categories such as Advanced Surgical Technology, Cardiac Rhythm, Diabetes, Cardiovascular Rhythm, Digestive and Gastrointestinal, Ear, Nose and Throat, General Surgery, Gynacological, Neurological, Oral Maxillofacial and Dental, Patient Monitoring, Renal Care, Spinal and Orthopedic, Respiratory , Surgical Navigation and Imaging, Urological out of which Advanced Surgical Technology is the market focused category.

For instance,

  • In February 2017, Food and Drug Administration had approved the indicated use of Medtronic Freezor Xtra cryoablation catheter. The company's FDA approval would provide benefits for the patients for a safe and effective therapy. It demonstrated positive growth in the market.

The company has wide presence across Asia-Pacific, Europe, Middle East and Africa, South America, North America. The company has various subsidiary companies such as Valleylab, Inc. (U.S.), Companion Medical, Inc. (U.S.), Given Imaging (Israel), Medtronic Canada Ltd (Canada), Avenu Medical, Inc. (U.S.) among others.