Market Overview:
The global high-intensity focused ultrasound (HIFU) equipment market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of cancer, technological advancements in HIFU devices, and rising demand for minimally invasive surgeries. Based on type, the global HIFU equipment market is segmented into diagnostic devices and therapeutic devices. The diagnostic device segment is further sub-segmented into point-of-care (POC) systems and laboratory systems. The therapeutic device segment is further sub-segmented into ablative therapy systems and nonablative therapy systems. Based on application, the global HIFU equipment market is divided into hospitals, clinics, and others segments. Geographically, the global HIFU equipment market has been analyzed across five regions namely North America, Latin America, Europe Asia Pacific & MEA).
Product Definition:
The term "high-intensity focused ultrasound equipment" refers to a type of medical device that uses ultrasonic waves to produce heat in a specific area of the body. This heat can be used to destroy tissues, such as cancer cells. High-intensity focused ultrasound equipment is important because it can be used to treat certain cancers without surgery or radiation therapy.
Diagnostic Device:
The global diagnostic device, it's usage and growth factor in the market for high-intensity focused ultrasound equipment is expected to witness significant growth over the forecast period. The major drivers of this market are increasing prevalence of chronic diseases such as cancer, cardiovascular disorders & diabetes coupled with rising demand for early diagnosis. Moreover, technological advancements in medical devices field and growing awareness about these devices are other factors driving the growth of this market globally.
Therapeutic Device:
Therapeutic device is a medical device used for the treatment of disease or injury. Ultrasound equipment is one such therapeutic device that finds wide application in medicine and dentistry. Ultrasound therapy works by breaking down tissue barriers and creating micro-abrasions which stimulate the natural healing process, thus reducing hospital stay duration and recovery time.
Application Insights:
Based on application, the global market is segmented into hospitals, clinics and other medical facilities, and others. The hospitals segment dominated the overall market in 2017 owing to factors such as increasing geriatric population that requires high-intensity focused ultrasound equipment for treatment. Furthermore, an increase in number of surgeries has fueled demand for HIFU systems in hospitals over the past few years.
The clinics and other medical facilities segment is expected to grow at a lucrative CAGR during the forecast period due to rising awareness about new technologies such as HIFU among healthcare professionals especially after training by manufacturers or through educational programs conducted by them.
Regional Analysis:
North America dominated the global high-intensity focused ultrasound equipment market in 2017. This can be attributed to favorable reimbursement policies, increasing prevalence of cancer and cardiovascular diseases, rising adoption of technologically advanced devices, and presence of major key players in this region. In addition, growing number of FDA approvals for new products is also expected to drive the growth during the forecast period.
Asia Pacific is anticipated to witness fastest growth over the forecast period owing to factors such as improving healthcare infrastructure & availability of skilled professionals and increased patient awareness about benefits offered by these machines.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the benefits offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. High-intensity focused ultrasound (HIFU) equipment is ideally suited for use in minimally invasive surgeries, as it allows surgeons to precisely target tissues and organs without making large incisions.
- Growing popularity of HIFU therapy: HIFU therapy has been gaining increasing acceptance among medical professionals in recent years due to its many advantages over traditional treatments such as radiation therapy or chemotherapy. These advantages include the ability to selectively target tumors or other lesions without damaging surrounding healthy tissue, reduced treatment times, and fewer side effects compared with other therapies. As a result of these benefits, the global market for HIFU therapy is projected to grow at a CAGR of 16% from 2016-2021.
Scope Of The Report
Report Attributes
Report Details
Report Title
High-Intensity Focused Ultrasound Equipment Market Research Report
By Type
Diagnostic Device, Therapeutic Device
By Application
Hospitals, Clinics, Others
By Companies
EDAP TMS, Sonacare Medical, Haifu Medical, Shanghai A&S Co, Mianyang Sonic Electronic Ltd, Insightec, Theraclion, Alpinion Medical Systems
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global High-Intensity Focused Ultrasound Equipment Market Report Segments:
The global High-Intensity Focused Ultrasound Equipment market is segmented on the basis of:
Types
Diagnostic Device, Therapeutic Device
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
Hospitals, Clinics, 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
- Haifu Medical
- Shanghai A&S Co
- Mianyang Sonic Electronic Ltd
- Insightec
- Theraclion
- Alpinion Medical Systems
Highlights of The High-Intensity Focused Ultrasound Equipment 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:
- Diagnostic Device
- Therapeutic Device
- By Application:
- Hospitals
- Clinics
- 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 Equipment 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.
How you may use our products:
- Correctly Positioning New Products
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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 equipment is a type of medical device that uses high-frequency sound waves to create heat and pressure inside the body. This heat and pressure can break down tissues, causing pain relief or healing.
Some of the key players operating in the high-intensity focused ultrasound equipment market are EDAP TMS, Sonacare Medical, Haifu Medical, Shanghai A&S Co, Mianyang Sonic Electronic Ltd, Insightec, Theraclion, Alpinion Medical Systems.
The high-intensity focused ultrasound equipment market is expected to register a CAGR of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High-Intensity Focused Ultrasound Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High-Intensity Focused Ultrasound Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High-Intensity Focused Ultrasound Equipment Market - Supply Chain
4.5. Global High-Intensity Focused Ultrasound Equipment Market Forecast
4.5.1. High-Intensity Focused Ultrasound Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High-Intensity Focused Ultrasound Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. High-Intensity Focused Ultrasound Equipment Market Absolute $ Opportunity
5. Global High-Intensity Focused Ultrasound Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Type
5.3.1. Diagnostic Device
5.3.2. Therapeutic Device
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High-Intensity Focused Ultrasound Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High-Intensity Focused Ultrasound Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global High-Intensity Focused Ultrasound Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global High-Intensity Focused Ultrasound Equipment Demand Share Forecast, 2019-2026
9. North America High-Intensity Focused Ultrasound Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Type
9.7.1. Diagnostic Device
9.7.2. Therapeutic Device
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America High-Intensity Focused Ultrasound Equipment Demand Share Forecast, 2019-2026
10. Latin America High-Intensity Focused Ultrasound Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Type
10.7.1. Diagnostic Device
10.7.2. Therapeutic Device
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America High-Intensity Focused Ultrasound Equipment Demand Share Forecast, 2019-2026
11. Europe High-Intensity Focused Ultrasound Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Type
11.7.1. Diagnostic Device
11.7.2. Therapeutic Device
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe High-Intensity Focused Ultrasound Equipment Demand Share, 2019-2026
12. Asia Pacific High-Intensity Focused Ultrasound Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Type
12.7.1. Diagnostic Device
12.7.2. Therapeutic Device
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific High-Intensity Focused Ultrasound Equipment Demand Share, 2019-2026
13. Middle East & Africa High-Intensity Focused Ultrasound Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa High-Intensity Focused Ultrasound Equipment Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High-Intensity Focused Ultrasound Equipment Market Size and Volume Forecast by Type
13.7.1. Diagnostic Device
13.7.2. Therapeutic Device
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa High-Intensity Focused Ultrasound Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High-Intensity Focused Ultrasound Equipment Market: Market Share Analysis
14.2. High-Intensity Focused Ultrasound Equipment Distributors and Customers
14.3. High-Intensity Focused Ultrasound Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. EDAP TMS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sonacare Medical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Haifu Medical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shanghai A&S Co
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mianyang Sonic Electronic Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Insightec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Theraclion
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Alpinion Medical Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
