Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Increased global usage of high-intensity focused ultrasound (HIFU) has been seen in recent years. Because they are customized and painless, more cancer patients are using high-intensity focused ultrasound (HIFU) treatments to a large extent.
HIFU's longevity benefits are becoming well acknowledged all over the world. It is good for elderly patients since it doesn't harm healthy cells. Technology is increasing medical imaging usage of high-intensity focused ultrasound (HIFU). HIFU works better now since MRI and ultrasound procedures are superior. With these changes, doctors can now target tissue and keep an eye on it while it's being treated.
As more individuals seek safe remedies, HIFU therapy is growing in popularity. Patients choose high-frequency ultrasound (HIFU) for cancer and uterine fibroids because it heals faster and requires fewer incisions.
Prostate cancer and solid tumor specialists are using HIFU more. High-intensity focused ultrasound (HIFU) can target malignant regions without pain as an alternative or complement.
Government subsidies and regulatory authorization fuel HIFU treatment. More doctors will employ this technology to improve patient health. partly because government agencies are finding HIFU safe and beneficial for many pharmaceutical needs.
Around the world, the cost of health care is going up, but high-frequency ultrasound (HIFU) treatment is getting cheaper. Hospitals buy new medicines to help their patients get better, which fuels the HIFU treatment business.
High-frequency ultrasound (HIFU) equipment is becoming more user-friendly and compact due to technical advances, which benefits the company. These developments have made high-frequency ultrasound (HIFU) therapies more accessible in more medical settings. Because of this, more people utilize them.
High-frequency ultrasound (HIFU) therapy is being studied as a treatment for several diseases, including cancer. because of its versatility. Researchers and doctors focus on the skin, the brain, as well as the heart and as a result, the market for HIFU treatments will get bigger in the years to come.
As more people learn about HIFU treatment and how well it works, the market changes. Makers and people who work in healthcare put on events for customers that teach them and help them make better decisions. This makes them trust HIFU more as an easy and effective way to help them.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Growth Rate | 15.50% (2023-2032) |
High Intensity Focused Ultrasound Therapy Market Highlights:
Global High Intensity Focused Ultrasound (HIFU) Therapy Market Overview
High Intensity Focused Ultrasound (HIFU) Therapy Market Size was valued at USD 0.1 Billion in 2022. The High Intensity Focused Ultrasound (HIFU) Therapy market End User is projected to grow from USD 0.11 Billion in 2023 to USD 0.4 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 15.50% during the forecast period (2023 - 2032). Prostate cancer incidence is rising along with the number of cases of neurological conditions, the use of HIFU in treating those conditions, and the number of cases of neurological conditions overall, are the key market drivers enhancing the market growth.
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
High Intensity Focused Ultrasound (HIFU) Therapy Market Trends
- Increasing cases of neurological disorders is driving the market growth
Because HIFU is being used more frequently to treat neurological problems, rising occurrences of neurological illnesses could fuel market expansion over the forecast period. For instance, The Lancet reported in July 2021 that the prevalence of non-communicable neurological illnesses increased ly between 1990 to 2019. By 2019, noncommunicable neurological disorders accounted for 8.2% of all diseases worldwide, up from 0.4% in 1990.
Since HIFU is used to treat prostate cancer, an increase in the prevalence of the disease is anticipated to fuel market expansion throughout the forecast period. For instance, the American Society of Clinical Oncology estimates that 1,414,259 men were given prostate cancer diagnoses throughout the world in February 2022. North America is anticipated to be the most dominant area. Thus, driving the High Intensity Focused Ultrasound (HIFU) Therapy market revenue.
High Intensity Focused Ultrasound (HIFU) Therapy Market Segment Insights
High Intensity Focused Ultrasound (HIFU) Therapy Method Insights
The High Intensity Focused Ultrasound (HIFU) Therapy market segmentation, based on method, includes non-invasive method and minimal invasive method. Minimal invasive method segment dominated the market in 2022. This can be ascribed to the method's rising popularity as a result of its accessibility and efficacy.
High Intensity Focused Ultrasound (HIFU) Therapy Application Insights
The High Intensity Focused Ultrasound (HIFU) Therapy market segmentation, based on application, includes prostate cancer, uterine fibroids, neurological disorders, cosmetic medicine, and others. Prostate cancer segment dominated the  High Intensity Focused Ultrasound (HIFU) Therapy market in 2022. The growing use of High-Intensity Focused Ultrasound (HIFU) for the treatment of different cancers and tumour types is blamed for this.
High Intensity Focused Ultrasound (HIFU) Therapy End User Insights
The High Intensity Focused Ultrasound (HIFU) Therapy market segmentation, based on end user, includes diagnostic centers, hospitals, research centers, and others. Hospitals segment dominated the market in 2022. This is a result of HIFU use in hospital oncology departments.
Figure 1 High Intensity Focused Ultrasound (HIFU) Therapy Market, by End User, 2022 & 2032 (USD Billion)
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
High Intensity Focused Ultrasound (HIFU) Therapy Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America High Intensity Focused Ultrasound (HIFU) Therapy Market dominated this market in 2022 (45.80%). This is due to an increase in the occurrence of neurological illnesses and cancers like lung, breast, and prostate cancer. The American Cancer Society estimates that 40,610 Americans died in 2017 as a result of breast cancer. The demand for the worldwide high intensity focused ultrasound market in North America is increasing due to a few benefits provided by high intensity focused beam, such as improved safety, short hospital stays, quicker recovery, and higher accuracy. Further, the U.S. High Intensity Focused Ultrasound (HIFU) Therapy market held the largest market share, and the Canada High Intensity Focused Ultrasound (HIFU) Therapy market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2 HIGH INTENSITY FOCUSED ULTRASOUND (HIFU) THERAPY MARKET SHARE BY REGION 2022 (USD Billion)
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe High Intensity Focused Ultrasound (HIFU) Therapy market accounted for the healthy market share in 2022. This is due to rising R&D expenditures and a rise in public knowledge of disease diagnosis. Furthermore, because the developed markets are somewhat saturated, this region offers extraordinary chances for investors and venture capitalists. Further, the German High Intensity Focused Ultrasound (HIFU) Therapy market held the largest market share, and the U.K High Intensity Focused Ultrasound (HIFU) Therapy market was the fastest growing market in the European region
The Asia Pacific High Intensity Focused Ultrasound (HIFU) Therapy market is expected to register significant growth from 2023 to 2032. This is due to rising cancer incidence and government funding for research and development. Moreover, China’s High Intensity Focused Ultrasound (HIFU) Therapy market held the largest market share, and the Indian High Intensity Focused Ultrasound (HIFU) Therapy market was the fastest growing market in the Asia-Pacific region.
High Intensity Focused Ultrasound (HIFU) Therapy Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the High Intensity Focused Ultrasound (HIFU) Therapy market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their  footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, High Intensity Focused Ultrasound (HIFU) Therapy Industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the High Intensity Focused Ultrasound (HIFU) Therapy Industry to benefit clients and increase the market sector. In recent years, the High Intensity Focused Ultrasound (HIFU) Therapy Industry has offered some of the most significant advantages to medicine. Major players in the High Intensity Focused Ultrasound (HIFU) Therapy market, including Guided Therapy, EDAP TMS, SonaCare Medical LLC, heraclion, Chongqing Haifu Medical Technology Co. Ltd, Koninklijke Philips N.V., Shanghai A&S Co. LTD, Mianyang Sonic Electronic Ltd., Insightec, Alpinion Medical Systems, and FUS Instruments, are attempting to increase market demand by investing in research and development operations.
Koninklijke Philips NV (Philips) is a diversified technology company that develops and manufactures medical and consumer electronics products. The company offers goods and services in the following industries diagnostic imaging, enterprise diagnostic informatics, image-guided therapy, ultrasound, monitoring and analytics, sleep and respiratory care, population health management, linked care informatics, and therapeutic care. There are items for skin, hair, and hair removal as well as power toothbrushes, brush heads, baby bottles, sterilisers, breast pumps, shavers, groomers, and trimmers. Additionally, it offers things for oral hygiene and personal care. The company conducts business in the Asia-Pacific area, Europe, and North America. North Brabant, Netherlands, is home to Philips' corporate headquarters.
Ultrasonic technology is used by the medical device company EDAP TMS SA (EDAP) in the development, production, and marketing of minimally invasive medical devices to treat a range of diseases, including urological ailments and other indications. It provides high intensity focused ultrasound (HIFU) equipment for prostate cancer treatment as well as extracorporeal shock-wave lithotripters (ESWL) for the treatment of urinary tract stones. The company produces ablatherm fusion, focused one, sonolith i-move, sonolith i-sys, and laserlith i-dust, among other things. The company distributes products to urology clinics, medical centres, and research organisations. Customers can also use the company's HIFU equipment through its HIFU mobile treatment services. The company sells medical equipment made by other companies, including micro-ultrasound machines and lasers. Through a direct sales force, representative offices, subsidiaries, and distributors, EDAP makes its products available in the Americas, Europe, the Middle East, and Asia. The EDAP headquarters are in Lyon, France's Vaulx-en-Velin. CMS authorised a new reimbursement code for HIFU prostate ablation, according to a May 2017 statement from EDAP.
Key Companies in the High Intensity Focused Ultrasound (HIFU) Therapy market include
- Guided Therapy
- EDAP TMS
- SonaCare Medical LLC
- heraclion
- 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
High Intensity Focused Ultrasound (HIFU) Therapy Industry Developments
October 2018Â A health company called The Baldan Group has introduced the HIFU Lab system, which focuses on issues with the face and body shape.
April 2016Â In order to treat the neck and face by promoting collagen synthesis and regeneration, which results in lifting and tightening, Venn Healthcare introduced the ULTRAFORMER II and III.
High Intensity Focused Ultrasound (HIFU) Therapy Market Segmentation
High Intensity Focused Ultrasound (HIFU) Therapy Method Outlook
- Non-Invasive Method
- Minimal Invasive Method
High Intensity Focused Ultrasound (HIFU) Therapy Application Outlook
- Prostate Cancer
- Uterine Fibroids
- Neurological Disorders
- Cosmetic Medicine
- Others
High Intensity Focused Ultrasound (HIFU) Therapy End User Outlook
- Diagnostic Centers
- Hospitals
- Research Centers
- Others
High Intensity Focused Ultrasound (HIFU) Therapy Regional Outlook
-
North America- US
- Canada
-
Europe- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
-
Asia-Pacific- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
-
Rest of the World- Middle East
- Africa
- Latin America
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
