High Intensity Focused Ultrasound Therapy Market Sees Uptick in Demand Amid Covid-19 Pandemic

Comments · 418 Views

The market for high-intensity focused ultrasound therapy is expanding due to a number of causes.

High intensity focused ultrasound market players and analysis by modality, by method, by application, by end users - forecast till 2032. The high intensity focused ultrasound (HIFU) therapy market is projected to expand exponentially at a stellar 15.50% CAGR over the assessment period (2022-2032). HIFU is a non-invasive, innovative treatment for various forms of diseases and tumors. It utilizes an ultrasound transducer akin to those used in diagnostic imaging yet with higher energy.

To kill the target tissue, this transducer focuses sound waves such that they produce heat in a single area of the body. The prostate, pancreatic, bladder, and liver cancers are the most frequently treated cancers with HIFU technology. The management of fibroids also makes use of HIFU. Some of the key benefits of this technology include precision, a shorter recovery time, the absence of ionizing radiation, reduced risk, non-invasive therapy, and non-surgical procedures. HIFU is commonly used for cosmetic procedures as well. It will help to target the development of Jowell lines and V lines as well as skin tightening, pore reduction, and wrinkle reduction. Overall, it will improve the pores, elasticity, brightness, and tone of the skin. Last but not least, HIFU is incredibly successful in treating fat loss, inch loss, and skin tightening.

The market for high-intensity focused ultrasound therapy is expanding due to a number of causes. According to an analysis by Market Research Future (MRFR), there are a variety of market trends and factors that affect this market, including an increase in the elderly population, a rise in cancer prevalence, increased awareness of the importance of early disease diagnosis, an increase in the demand for HIFU devices, the high potential of emerging economies, advancements in medical technology, and its widespread use in cosmetic medicine and the treatment of neurological disorders. On the other hand, HIFU therapy restrictions, a lack of qualified medical personnel, a few side effects, and expensive treatment costs could stymie the market's expansion.

Key Players

The high intensity focused ultrasound market players include FUS Instruments, Alpinion Medical Systems, Insightec, Mianyang Sonic Electronic Ltd., Shanghai AS Co. LTD, Koninklijke Philips N.V., Chongqing Haifu Medical Technology Co., Ltd, Theraclion, SonaCare Medical, LLC, EDAP TMS, and Image Guided Therapy.

Market Segmentation

In the Market Research Future (MRFR) report, the high intensity focused ultrasound therapy market has been segmented on the basis of modality, methods, applications and end user.

Based on modality, it is segmented into immunomodulation, thrombolysis, lithotripsy, hemostasis, therapeutic ultrasound and others.

Based on methods, the high intensity focused ultrasound therapy market is segmented into minimal invasive methods and non-invasive methods.

Based on applications, it is segmented into cosmetic medicine, neurological disorders, uterine fibroids, prostate cancer and others. Of these, prostate cancer will have the maximum share in the high intensity focused ultrasound therapy market.

Based on end-users, it is segmented into research centers, hospitals, diagnostic centers and others.

Regional Analysis

Based on region, the high intensity focused ultrasound therapy market covers growth opportunities and latest trends across North America, Europe, Asia Pacific, and the Middle East and Africa. Of these, North America will rule the market owing to increasing incidence of cancer cases in the region coupled with well-developed technology. Europe grabs the second largest share in the high intensity focused ultrasound therapy market owing to growing demand for cancer treatment methods along with investment in RD in creating novel treatment techniques for cancer diseases.

The market in the APAC region will be the fastest growing. India is the biggest potential market owing to rising investments in the healthcare services coupled with rising adaption of latest technologies utilized for diagnosis as well as treatment. On the other hand, the high intensity focused ultrasound therapy market in the Middle East and Africa is anticipated to have a steady growth owing to increasing demand for primary healthcare services including advanced and new treatment process in the healthcare sector.

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Contact Us:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Comments