High Intensity Focused Ultrasound (HIFU) Market to face rise in demand by the end of year 2026
High Intensity Focused Ultrasound (HIFU)
Market Outlook 2019-2026:
High-intensity focused ultrasound (HIFU) is a
medical procedure that involves the use of focused ultrasonic waves to destroy
diseased or damaged tissue through ablation. When ultrasonic waves are focused
on the target tissue, the temperature increases which in turn results in
protein denaturation, thereby leading to irreversible cell death. Surgical
procedures involving HIFU products are generally preferred because they are
minimally invasive.
The global HIFU
market is expected to witness significant growth during the forecast period
due to factors such as the various benefits associated with HIFU products (such
as they cause less bleeding), and a large patient population base across the
world suffering from chronic diseases such as cancer and cardiovascular
diseases. In addition, increasing use of HIFU in various treatments, such as
for urinary disorders imaging and removal of excess subcutaneous fatty tissue,
further propel the market growth. However, stringent regulatory approval
procedures for HIFU systems and unfavorable reimbursement scenarios hamper the
market growth.
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The HIFU market is segmented based on type,
application, and region. Based on type, the market is divided into MR-guided
and ultrasound-guided. Based on application, the market is divided into bone
tumor and soft tissue, prostate cancer, and uterine fibroids. The market is
analyzed based on four geographical regions, which include North America,
Europe, Asia-Pacific, and LAMEA.
The key players operating in this market
include Accutome, Inc., Blatek Industries Incorporated, EDAP TMS, Haifu
Medical, Koninklijke Philips N.V., Medtronic plc, SonaCare Medical, LLC,
Stryker Corporation, SuperSonic, and Ultrasound Technologies Ltd.
Key Benefits for Stakeholders
- This report provides an extensive analysis of the
current and emerging market trends and dynamics in the global HIFU market.
- Comprehensive analysis of regions is provided to
determine the prevailing opportunities in the global market.
- This study provides the competitive landscape of the
global market to predict the competitive environment across geographies.
- This report entails the detailed quantitative analysis
of the current market and estimations from 2014 to 2022 to identify the
prevailing opportunities.
- Comprehensive analysis of factors that drive and
restrict the market growth is provided in the report.
- Region- and country-wise HIFU market conditions are
comprehensively analyzed in the report to understand the regional trends
and dynamics.
High-intensity Focused Ultrasound Key Market
Segments
By Type
- MR-Guided
- Ultrasound-Guided
By Application
- Bone Tumor and Soft Tissue
- Prostate Cancer
- Uterine Fibroids
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
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