Global High-intensity Focused Ultrasound (HIFU) Therapy Market Expected to Reach $398,724 Thousand Analysis and In-depth Research on Market Size ,Trends and regional forecasts

HIFU is a minimally invasive technique used to treat diseases such as cancer with focused ultrasound waves, which destroy damaged tissues with precision and accuracy. The ultrasound waves are focused at a specific location or focal point. The targeted tissue at the focal point is destroyed, but tissue outside the focal point is unharmed.

According to a new report published by Allied Market Research, titled, "High-intensity Focused Ultrasound (HIFU) Therapy Market by Application: Global Opportunity Analysis and Industry Forecast, 2018-2025, the market was valued at $81,000 thousand in 2017, and is projected to reach $398,724 thousand by 2025, growing at a CAGR of 21.8% from 2018 to 2025. Europe is anticipated to be the highest revenue contributor throughout the forecast period.

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Key Findings of the High-intensity Focused Ultrasound (HIFU) Therapy Market:

• North America occupied a nearly one-third share of the global HIFU therapy market.
• Aesthetics is anticipated to grow with the highest CAGR throughout the forecast period.

• Europe is anticipated to nearly occupy a two-seventh market share of the global HIFU therapy market by 2023.

• Asia-Pacific is anticipated to grow at the highest rate during the analysis period, followed by LAMEA.

By application, prostate cancer accounted for more than one-third share of the global HIFU therapy market in 2017. Furthermore, the aesthetics segment is anticipated to grow at the highest rate of 24.7% in the forecast period.

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Key players:

• Chongqing Haifu Medical Technology Co. Ltd.
• EDAP TMS S.A.
• SonaCare Medical LLC.
• ILJIN Holdings Co. Ltd.
• (ALPINION MEDICAL SYSTEMS Co.Ltd.)
•Image Guided Therapy S.A.
• INSIGHTEC Ltd.
• Theraclion SA
• Merz Pharmaceuticals GmbH (Ulthera Inc.)
• Profound Medical Corp.
• Shanghai A&S Technology Development Co.Ltd.

Europe was the leading revenue contributor to the global market in 2017, owing to high adoption rate of HIFU devices. However, Asia-Pacific is expected to grow at the highest CAGR of 23.2% from 2018 to 2025, due to increase in disposable income; surge in research, development, & innovation activities; and rise in awareness towards HIFU therapy devices.

Table of content:

Chapter: 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments

1.3.1. List of key players profiled in the report

1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY

2.1. Key findings of the study
2.2. CXO perspective

Chapter: 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Top Player Positioning, 2017
3.4. Patent analysis, 2010-2018

3.4.1. Patent analysis, by year (2010-2018)
3.4.2. Patent analysis, by country

3.5. High-intensity focused ultrasound (HIFU): innovative products

3.5.1. Focal-One
3.5.2. Ulthera system
3.5.3. Exablate Neuro

3.6. Market dynamics

3.6.1. Drivers

3.6.1.1. Favorable regulatory scenario
3.6.1.2. Rise in awareness for early disease diagnosis
3.6.1.3. Rapid increase in elderly population

3.6.2. Restraints

3.6.2.1. Limitations of HIFU therapy
3.6.2.2. Dearth of skilled professionals

3.6.3. Opportunity

3.6.3.1. Untapped potential of the emerging economies

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