The High-Intensity focused ultrasound therapy market is expected to grow at an 8.1% annual rate from 2021 to 2030, with a market value of USD 179.52 million by 2030.
High-intensity concentrated ultrasound remedy (HIFU) is a new remedial modality that uses ultrasound swells. As energy carriers, the swells propagate through towel media. HIFU is a non-invasive technology that can transport energy to specific targets in the body via a medium o intermediating napkins. Tumour ablation, thrombolysis, hemostasis, and targeted medicine/ gene delivery are all possible with HIFU. Cancer treatment is an important issue in both developed and developing countries.
Ultrasound has been used in the opinion of cancer and its treatment. Concentrated ultrasound surgery (FUS) is a non-invasive fashion that has the implicit to precisely when used in confluence with a high-intensity imaging system. Mechanical and thermal goods are involved in the mechanisms of HIFU ablation. Recent advancements in HIFU have broadened its appeal. Numerous promising results were attained in the treatment of colorful cancers of the prostate, pancreas, bone, liver, order, and bone.
Market Dynamics
Drivers:
Increased number of diseases among populations with increased internal problems and increased demand for ultrasound imaging for problem detection with increased efficiency of 3D ultrasound with good performance of 3D ultrasound with real-time imaging of the organ with sound waves, which helps to drive the High-Intensity Focused Ultrasound Therapy market.
Increased prevalence of chronic diseases such as cancer, cardiovascular disease, respiratory disease, etc. With the increased economy and rising oncology in daily life, as well as increased imaging of organs there with real-time imaging. An increase in diagnosis and quick treatment is driving the High-Intensity focused ultrasound therapy market.
The rapid advancement of 3D ultrasound technologies resulted in increased market growth in the medical sector. The increased connectivity with software integrated into the system resulted in a high frequency of sound waves. 3D ultrasound effect can also help in a real-time clear image, fatal activity, and cardiovascular activity.
Opportunities:
Emerging underdeveloped areas with developed infrastructure - The rapid acceptance of health care technologies developed in developing regions with improved technology and facilities and increased network connectivity with software systems integrated into the medical device with enhanced customer demand with increasing chronic disorders among and also used to determine fetal activity during pregnancy helps to drive the market of 3D ultrasound during the forecast period.
Government support with increased providence - Increased government support for developing new 3D ultrasound technology with increased efficiency and accuracy of 3D ultrasound with increased results and good response to the system. Increased funding for infrastructure development and newly developed technologies in 3D ultrasound boosts the market growth. The government created new reimbursement policies in the medical sector so that ordinary people could choose treatment and reap the benefits, thereby expanding the market for a 3D ultrasound.
Key players:
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Koninklijke Philips N.V.
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FUS Instruments
Market Segmentation:
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2D Ultrasound
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3D & 4D Ultrasound
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Doppler Ultrasound
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High-intensity focused Ultrasound (HIFU)
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Extracorporeal shockwave Lithotripsy (ESWL)
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Other Applications (Hepatology Neurology, Breast Imaging, Bariatric Surgery, Emergency Care)
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Curvilinear / Convex Array Probes
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Linear Array Probes
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Phased Array Probes
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Other Probes
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By Geography
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North America
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Europe
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Asia-Pacific
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Latin America
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Middle East & Africa (MEA)
Regional Analysis:
North America dominated the global high-intensity-focused ultrasound market because of the rising prevalence of cancer cases such as prostate, breast, lung, and neurological disorders. According to the American Cancer Society, breast cancer claimed the lives of an estimated 40,610 people in the United States. High-intensity focused beam advantages such as advanced safety, minimal hospital stays, faster recovery, and improved accuracy are driving demand for North America's global high-intensity-focused ultrasound market.
Asia Pacific is also expected to grow significantly during the forecast period due to government support for R&D and rising cancer incidence.
Scope of the Report:
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Report Coverage |
Details |
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Base year |
2021 |
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Forecast period |
2022-2030 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8.1% |
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YoY growth (%) |
XX% |
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Regional analysis |
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Current Market size |
USD 179.52 Million |
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Companies Covered |
• EDAP TMS • SonaCare Medical LLC Heraklionlion • Chongqing Haifu Medical Technology Co. Ltd • Koninklijke Philips N.V. • Shanghai A&S Co. LTD • Mianyang Sonic Electronic Ltd. • Insightec • Alpinion Medical Systems • FUS Instruments |
User
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Introduction
Our market research is an extensive, iterative process that takes into account a combination of primary and secondary research tools with the aim of minimizing deviation and producing the most precise estimate and prediction. For the future course of action, this approach meticulously outlines the actual changes and industry trends. It gives incredibly valuable data that is drawn from the insights and opinions of analysts and professionals. Our papers include in-depth research and analysis based on several factual inputs obtained from expert interviews, accurate data, and local information.
Market Size Estimation
The overall size of the market has been estimated and validated using both top-down and bottom-up methods. The sizes of other market subsegments have also been thoroughly estimated using these methodologies.
In the top-down technique, the market is divided into segments based on the percentage share of each segment. This method assisted in determining the size of each segment's market. The market size of each segment and its sub-segments was then divided into regional market sizes. This Approach helps mainly with the new Product Launch. It uses Multi-variate Regression Model coupled with Vendor based primary research inputs to forecast to the Market Size.
In the Bottom-Up approach, comprehensive study of key players has to be done wherein we add the market size of the major key players to understand the national market size which helps to determine the regional market size and eventually the complete market size. Companies annual report along with data from paid and unpaid resources like reports from government agencies and organizations like world bank provide the data for this approach.
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