Global HIFU Therapy Market Information by Modality (Therapeutic, Lithotripsy, Ultrasound, Thrombolysis), by Methods (Non-Invasive, Minimally-Invasive), by Application (Neurological disorders, Cosmetic medicine, Prostate cancer) – Forecast to 2027
High-intensity focused ultrasound (HIFU) therapy is a novel, emerging, and therapeutic modality technology. It involves propagation of ultrasound waves through cancerous tissues that kills the cancer cells. HIFU is a minimal invasive technique and performed with real-time imaging by ultrasound or MRI to enable treatment targeting and monitoring. This technology have been extensively exploited for the treatment of prostate, liver, pancreatic, and bladder cancer.
Factors such as rising prevalence of cancer of cancer, increasing development in medical technology, and increasing per capita healthcare expenditures will boost the market. The global high-intensity focused ultrasound market is expected to grow at a CAGR of 5.8%. However, high cost of the treatment, lack of awareness and therapy related side effects are likely to restrain the growth of the market over the assessment period.
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Market Research Future analyst segmented the market on the basis of modality, methods, applications end users and region. On the basis of modality, the market has been segmented into therapeutic ultrasound, hemostasis, lithotripsy, thrombolysis, immunomodulation, and others. On the basis of the methods, the market is segmented into non-invasive method and minimal invasive method. On the basis of applications, the market has been segmented into prostate cancer, uterine fibroids, neurological disorders, cosmetic medicine, and others. Uterine fibroids holds the largest market share. On the basis of end users, the market has been segmented into diagnostic centers, hospitals, research centers, and others. Diagnostic center and hospitals accounts for the major section of the market. On the basis the basis of region, the market has been segmented into North America, Europe, Asia pacific, and Middle East & Africa. North America leads the market, followed by Europe. Asia Pacific is the fastest growing market. Some of the major players of the market are: Image Guided Therapy (Europe), EDAP TMS (Europe), SonaCare Medical, LLC. (U.S.A.), Chongqing Haifu Medical Technology Co., Ltd. (Asia Pacific), Shanghai A&S Co., LTD (Asia Pacific), Mianyang Sonic Electronic Ltd. (Asia Pacific), ALPINION MEDICAL SYSTEMS Co., Ltd. (Asia Pacific), and FUS Instruments (U.S.A.).
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The report for High intensity focused ultrasound HIFU Therapy of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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