Market Overview:
The global high-intensity focused ultrasound therapy market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to factors such as the increasing prevalence of cancer, technological advancements in HIFU devices, and rising demand for minimally invasive treatments. Based on type, the global high-intensity focused ultrasound therapy market is segmented into non-invasive treatment and minimal invasive treatment. The non-invasive treatment segment is further subsegmented into low intensity focused ultrasound (LIFU) and high intensity focused ultrasound (HIFU). The minimal invasive treatment segment is further subsegmented into percutaneous HIFU ablation and transurethral HIFU ablation. Based on application, the global high-intensity focused ultrasound therapy market is divided into hospital, diagnostics center, and others.
Product Definition:
High-intensity focused ultrasound therapy is a medical procedure that uses high-frequency sound waves to heat tissue. The heat damages the cells in the target area, which is then removed by the body's immune system. High-intensity focused ultrasound therapy is used to treat a variety of conditions, including cancer, kidney stones, and uterine fibroids.
Non-invasive Treatment:
Non-invasive treatment is a medical procedure that involves the application of ultrasound to the targeted area without making any incisions. The ultrasonic energy is used to destroy abnormal cells and tissues in order to reduce or eliminate pain, improve blood circulation, and promote healing.
The major advantage of this treatment over conventional surgical procedures is that there are no cuts or wounds made during the process; therefore, there are reduced chances of infection as well as scarring post-surgery.
Minimal Invasive Treatment:
Minimal invasive treatment is a category of surgical procedures that involves small incisions, which are closed with minimal or no scaring. The treatment provides patients with faster recovery and reduced pain & complications than traditional open surgeries. Minimal invasive surgery (MIS) has been gaining popularity due to the increasing preference for noninvasive or minimally invasive treatments by patients as well as healthcare providers.
Application Insights:
Based on application, the global market is segmented into hospital, dagnostics center and others. The hospital segment dominated the overall application market in 2017 owing to a high prevalence of diseases requiring high-intensity focused ultrasound therapy. In 2016, WHO reported that more than 90% of all HIFU procedures are performed in hospitals due to higher patient admissions rate and availability of advanced healthcare facilities.
The dagnostic center segment is expected to grow at a lucrative rate over the forecast period owing to an increase in demand for non-invasive treatment options for various conditions such as breast cancer, prostate cancer and gynecological disorders among others.
Regional Analysis:
North America dominated the global high-intensity focused ultrasound therapy market in 2017. The growth is attributed to the increasing prevalence of cancer and other diseases, rising awareness about alternative treatment options, availability of highly skilled physicians and favorable reimbursement policies. In addition, growing demand for cosmetic treatments such as breast augmentation and liposuction has led to an increase in the number of procedures performed using HIFU devices.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure & coverage; rising medical tourism; introduction of government initiatives aimed at increasing access to technologically advanced therapies; increase in disposable income coupled with a rise in consumer awareness regarding early diagnosis & treatment options for various chronic diseases are some drivers anticipated by industry experts will boost regional demand during the forecast period.
Growth Factors:
- Increasing incidence of cancer: The increasing incidence of cancer is one of the key growth drivers for the high-intensity focused ultrasound therapy market. According to a study by the World Health Organization (WHO), an estimated 14 million new cases of cancer were diagnosed in 2012, and this number is expected to rise to 24 million by 2035. This will create a large pool of patients who will require high-intensity focused ultrasound therapy for treatment.
- Growing demand for minimally invasive treatments: The growing demand for minimally invasive treatments is another major driver for the high-intensity focused ultrasound therapy market. Minimally invasive procedures are less traumatic than traditional surgery and result in shorter recovery times and fewer complications. This has led to an increase in their popularity over the past few years, and this trend is likely to continue in the future as well, driving demand for high-intensity focused ultrasound therapy devices.
- Technological advancements: The technological advancements taking place in the field of medical devices are also propelling growth prospects for the global high-intensity focused ultrasound therapy market . For instance, recent advances have made it possible to use HIFU technology as a noninvasive alternative to surgery for treating various conditions such as prostate cancer . Such technological advancements are likely to fuel adoption rates of HIFU technology across various regions worldwide, thereby boosting growth prospects for this market during forecast period 2016 – 2024 .
Scope Of The Report
Report Attributes
Report Details
Report Title
High-intensity Focused Ultrasound Therapy Market Research Report
By Type
Non-invasive Treatment, Minimal Invasive Treatment
By Application
Hospital, Dagnostics Center, Others
By Companies
EDAP TMS, SonaCare Medical, Theraclion, ILJIN Holdings, FUS Instruments, Chongqing Haifu Medical Technology, Shanghai A&S Technology Development, Mianyang Sonic Electronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global High-intensity Focused Ultrasound Therapy Market Report Segments:
The global High-intensity Focused Ultrasound Therapy market is segmented on the basis of:
Types
Non-invasive Treatment, Minimal Invasive Treatment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Dagnostics Center, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- EDAP TMS
- SonaCare Medical
- Theraclion
- ILJIN Holdings
- FUS Instruments
- Chongqing Haifu Medical Technology
- Shanghai A&S Technology Development
- Mianyang Sonic Electronic
Highlights of The High-intensity Focused Ultrasound Therapy Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Non-invasive Treatment
- Minimal Invasive Treatment
- By Application:
- Hospital
- Dagnostics Center
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High-intensity Focused Ultrasound Therapy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High-intensity focused ultrasound therapy (HIFU) is a type of medical treatment that uses high-frequency sound waves to destroy tumors. HIFU treatments are often used to treat large, difficult-to-reach tumors in the head and neck area.
Some of the key players operating in the high-intensity focused ultrasound therapy market are EDAP TMS, SonaCare Medical, Theraclion, ILJIN Holdings, FUS Instruments, Chongqing Haifu Medical Technology, Shanghai A&S Technology Development, Mianyang Sonic Electronic.
The high-intensity focused ultrasound therapy market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High-intensity Focused Ultrasound Therapy Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High-intensity Focused Ultrasound Therapy Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High-intensity Focused Ultrasound Therapy Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High-intensity Focused Ultrasound Therapy Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High-intensity Focused Ultrasound Therapy Market Size & Forecast, 2018-2028
4.5.1 High-intensity Focused Ultrasound Therapy Market Size and Y-o-Y Growth
4.5.2 High-intensity Focused Ultrasound Therapy Market Absolute $ Opportunity
Chapter 5 Global High-intensity Focused Ultrasound Therapy Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High-intensity Focused Ultrasound Therapy Market Size Forecast by Type
5.2.1 Non-invasive Treatment
5.2.2 Minimal Invasive Treatment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High-intensity Focused Ultrasound Therapy Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High-intensity Focused Ultrasound Therapy Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Dagnostics Center
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High-intensity Focused Ultrasound Therapy Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High-intensity Focused Ultrasound Therapy Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High-intensity Focused Ultrasound Therapy Analysis and Forecast
9.1 Introduction
9.2 North America High-intensity Focused Ultrasound Therapy Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High-intensity Focused Ultrasound Therapy Market Size Forecast by Type
9.6.1 Non-invasive Treatment
9.6.2 Minimal Invasive Treatment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High-intensity Focused Ultrasound Therapy Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Dagnostics Center
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High-intensity Focused Ultrasound Therapy Analysis and Forecast
10.1 Introduction
10.2 Europe High-intensity Focused Ultrasound Therapy Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High-intensity Focused Ultrasound Therapy Market Size Forecast by Type
10.6.1 Non-invasive Treatment
10.6.2 Minimal Invasive Treatment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High-intensity Focused Ultrasound Therapy Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Dagnostics Center
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High-intensity Focused Ultrasound Therapy Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High-intensity Focused Ultrasound Therapy Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High-intensity Focused Ultrasound Therapy Market Size Forecast by Type
11.6.1 Non-invasive Treatment
11.6.2 Minimal Invasive Treatment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High-intensity Focused Ultrasound Therapy Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Dagnostics Center
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High-intensity Focused Ultrasound Therapy Analysis and Forecast
12.1 Introduction
12.2 Latin America High-intensity Focused Ultrasound Therapy Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High-intensity Focused Ultrasound Therapy Market Size Forecast by Type
12.6.1 Non-invasive Treatment
12.6.2 Minimal Invasive Treatment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High-intensity Focused Ultrasound Therapy Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Dagnostics Center
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High-intensity Focused Ultrasound Therapy Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High-intensity Focused Ultrasound Therapy Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High-intensity Focused Ultrasound Therapy Market Size Forecast by Type
13.6.1 Non-invasive Treatment
13.6.2 Minimal Invasive Treatment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High-intensity Focused Ultrasound Therapy Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Dagnostics Center
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High-intensity Focused Ultrasound Therapy Market: Competitive Dashboard
14.2 Global High-intensity Focused Ultrasound Therapy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 EDAP TMS
14.3.2 SonaCare Medical
14.3.3 Theraclion
14.3.4 ILJIN Holdings
14.3.5 FUS Instruments
14.3.6 Chongqing Haifu Medical Technology
14.3.7 Shanghai A&S Technology Development
14.3.8 Mianyang Sonic Electronic
