Press release
High Intensity Focused Ultrasound (HIFU) Therapy Market at a CAGR of 22.0% Rising Enterprise Efficiency and Dominated by Top Competitors (EDAP TMS, Haifu Medical, SonaCare Medical, Shanghai A&S, Insightec, Theraclion, Eye Tech Care) and Forecast to 2026
High Intensity Focused Ultrasound (HIFU) Therapy Market
Global High Intensity Focused Ultrasound (HIFU) Therapy Market Overview:
The Global High Intensity Focused Ultrasound (HIFU) Therapy Market is likely to grow at a CAGR of around 22.0% during the period 2019 - 2026.
As per the market report analysis, High Intensity Focused Ultrasound (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. This therapy is a novel, emergent and practices ultrasound waves that propagate through tissue media as energy carriers. High Intensity Focused Ultrasound (HIFU) Therapy is a completely non-invasive technology that has great potential of tumor ablation, hemostasis, thrombolysis as well as targeted drug / gene delivery.
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Some of the major factors driving the growth of the Global High Intensity Focused Ultrasound (HIFU) Therapy Market are increasing prevalence of different types of cancers, especially, prostate cancer, kidney cancer, primary and secondary liver cancer, pancreatic cancer, and bladder cancer. According to the American Cancer Society, about 161,360 new cases of prostate cancer have been registered in the United States in 2016. Moreover, increasing development in medical technology and its wide-range applications used in the treatment of uterine fibroids, neurological disorders, cosmetic medicine, others have fueled growth of the market.
The Global High Intensity Focused Ultrasound (HIFU) Therapy Market is segmented based on Modality, Methods, Application, End-User and Region. On the basis of Modality, the market is classified into therapeutic ultrasound, hemostasis, lithotripsy, thrombolysis, immunomodulation, and others. Based on the Methods, the market is sub-segmented into non-invasive method, and minimal invasive method. By Application, the market is divided into prostate cancer, uterine fibroids, neurological disorders, cosmetic medicine and others. Based on the End-User, the market is sub-segmented into diagnostic centers, hospitals, research centers and others.
In terms of the geographic analysis, High Intensity Focused Ultrasound (HIFU) Therapy Market in APAC is expected to expand at a rapid rate, due to increase in prevalence of cancer, investment by market players in the emerging countries such as China and India, and increased consumer awareness about the treatment of cancer. Other regions, such as Middle East & Africa and Latin America, are anticipated to be prospective regions of the markets in the near future. This is due to the high adoption rate of advanced therapeutics and a rapidly developing health care industry.
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Major Key Players:
1 EDAP TMS
2 Haifu Medical
3 SonaCare Medical
4 Mianyang Sonic Electronic Ltd.
5 Shanghai A&S Co., LTD
6 Insightec
7 Alpinion Medical Systems
8 FUS Instruments
9 Theraclion
10 Image Guided Therapy
11 Eye Tech Care
12 Philips Healthcare and More.....................
Market segment by Regions/Countries, this report covers
1 North America
2 Europe
3 Asia Pacific
4 Latin America and Middle East & Africa
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KeyPoints:
1 In terms of application, Prostate cancer dominates the high intensity focused ultrasound (HIFU) therapy market.
2 The use of HIFU therapy for the treatment of Neurological disorders have just began to realize its importance.
3 Aesthetics application is anticipated to grow at the highest rate during the forecast period.
4 Europe and North America together accounted for over 70% share of the HIFU therapy market.
5 Asia Pacific HIFU therapy market is likely to grow at the highest rate during the forecast period.
Major Points in Table of Contents:
Global High Intensity Focused Ultrasound (HIFU) Therapy Market Report 2019
1 Executive Summary
2 High Intensity Focus Ultrasound (HIFU)
3 High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast (2017 - 2026)
4 High Intensity Focused Ultrasound (HIFU) Therapy Market Share & Forecast (2017 - 2026)
5 High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast - By Application (2017 - 2026)
6 High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast - By Region (2017 - 2026)
7 Global - High Intensity Focus Ultrasound (HIFU) Manufacturers, Research Sites, Pre-Clinical Research Sites, Technical Research Sites, Commercial Treatment Sites
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