High Intensity Focused Ultrasound Therapy Market Worth US$ 755.46 Mn by 2027 | Top companies like Image Guided Therapy, EDAP, Sonacare Medical, Chongqing Haifu Medical Technology, Mianyang Sonic Electronic, Insightec, Alpinion Medical Systems

Asia Pacific is the fastest growing geographic market and is expected to be the significant revenue contributor in forecast period. The region has witnessed several government support in countries such as South Korea for cancer awareness and other initiatives, as well as increasing cancers such as prostate cancer. Various organizations in India have been working toward proving better treatment as well as services for cancer. Indian Cancer Society is a voluntary, nonprofit, national organization for awareness, detection, cure, and survivorship of those affected with this disease and work to fight against cancer in India.

The global high-intensity focused ultrasound therapy market is US$ 417.98 Mn in 2018 and is predicted to grow at a CAGR of 7.1% during the forecast period 2019 - 2027, to reach US$ 755.46 Mn by 2027.

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The major players operating in the High-Intensity Focused Ultrasound therapy market include Image Guided Therapy, EDAP, Sonacare Medical and LLC, Koninklijke Philips N.V., Chongqing Haifu Medical Technology Co., Ltd., Shanghai A & S Science Technology Development Co.,Ltd, Mianyang Sonic Electronic, Insightec Ltd., Alpinion Medical Systems Co., Ltd., FUS Instruments among others.

Global high-intensity focused ultrasound therapy market, based on the modality is segmented into therapeutic ultrasound, hemostasis, and others. In 2018, the therapeutic ultrasound segment held a largest market share of the High-Intensity Focused Ultrasound therapy market. This segment is also expected to dominate the market in 2027 because it increases the healing rates, tissue relaxation, and its heating, local blood flow, and scar tissue breakdown. Moreover, others segment is expected to grow at significant rate, in the forecast period 2019 to 2027 because lithotripsy, thrombolysis, immunomodulation, and among others medical procedures are increasing.

The growing hospitals industry in the developing countries in the Asia Pacific region, are creating better opportunities for the major market players to expand their business. This is a major reason for the market growth in the forecast period. According to the India Brand Equity Foundation, the hospital industry in India is expected to reach USD 132.84 billion by 2022 from USD 61.79 in 2017. The Indian hospital sector is expected to expand at a CAGR of 16-17% over 2017-2022. India also has a large pool of doctors and medical staff who have the potential to grow the industry to an even higher level.

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The global high-intensity focused ultrasound therapy market by modality was led by therapeutic ultrasound segment. In 2018, the therapeutic ultrasound segment held a largest market share of the high-intensity focused ultrasound therapy market. This segment is also expected to dominate the market in 2027 because it increases the healing rates, tissue relaxation, and its heating, local blood flow, and scar tissue breakdown. Moreover, the use of ultrasonic energy for therapy has been expanded and approved for surgical tissue cutting and hemostasis, uterine fibroid ablation, cataract removal, transdermal drug delivery, and bone fracture healing, and others.

According to the India Brand Equity Foundation, the hospital industry in India is expected to reach USD 132.84 billion by 2022 from USD 61.79 in 2017. The Indian hospital sector is expected to expand at a CAGR of 16-17% over 2017-2022. India also has a large pool of doctors and medical staff who have the potential to grow the industry to an even higher level.

As per the report by the Department of Industrial Policy and Promotion (DIPP) the hospital and diagnostic centers have attracted Foreign Direct Investment (FDI) worth US$ 6.09 billion from the year 2000 to 2019. Furthermore, the healthcare sector in India witnessed 23 deals worth US$ 679 million in the year 2018.

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High Intensity Focused Ultrasound Therapy Market

Table of Contents:
Chapter 1 industry overview
Chapter 2 Major segmentation classification, application and etc.
Chapter 3 production market analysis
Chapter 4 sales market analysis
Chapter 5 consumption market analysis
Chapter 6 production, sales and consumption market comparison analysis
Chapter 7 competition analysis by players
Chapter 8 marketing channel analysis
Chapter 9 new project investment feasibility analysis
Chapter 10 industrial chain, sourcing strategy and downstream buyers
Chapter 11 marketing strategy analysis, distributors/traders
Chapter 12 global and regional market forecast
Chapter 14 market dynamics
Chapter 15 market effect factors analysis
Chapter 16 conclusions
Research methodology

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