High Intensity Focused Ultrasound Therapy Market and Impact of COVID-19 | Research Report By Guided Therapy, EDAP, Sonacare Medical and, Koninklijke Philips N.V., Chongqing Haifu Medical Technology Co., Ltd., Shanghai A & S Science Technology Development

The Insight Partners analysts forecasts the latest report on “High Intensity Focused Ultrasound Therapy Market (Covid-19) Impact and Analysis by 2027”, according to report; The High Intensity Focused Ultrasound Therapy Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth. This report is anchored on the thorough qualitative and quantitative assessment of the High Intensity Focused Ultrasound Therapy Market.

The study provides details such as the market share, Market Insights, Strategic Insights, Segmentation and key players in the High Intensity Focused Ultrasound Therapy Market.

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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.

Some of the Major Market Players Are:

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

Market Insights

Rising Incidences of Kidney Stone and Prostate Diseases

Cancer is a genetic disorder caused due to definite variations in genes that govern cell functioning, particularly affecting their growth and replication. The rise in the prevalence for the prostate disease or cancer in the men are driving the market for the High-intensity focused ultrasound therapy (HIFU). The prevalence of the disease increase as the age grows and as per the International Prostate Symptom Score US has highest prevalence for the benign prostatic hyperplasia which is attributed nearly around 42%. Along with these diseases the prevalence for the bladder disease are also rising. Bladder cancer is among one of the bladder disease which is common, as per the American Cancer Society the statistics for 2018 were estimated that approximately 81,000 cases will be diagnosed with the bladder cancer in US. Additionally, as per The Kidney Foundation of Canada is estimated that 70% - 80% of the cases are diagnosed with the calcium oxalate stones. In addition, as per an article published by the European Medical Journal it is stated that the prevalence for the urinary tract stones across the world ranges approximately from 4% to 20%. Moreover, it is estimated that the rise in the cases may witness the increase near about from 40% to 50% by 2050. The article also stated that, in USA the prevalence of nephrolithiasis was approximately 10% in men and 7% in women.

Growing Hospital Industry in Developing Nations

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.

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.

The report segments the global High-Intensity Focused Ultrasound Therapy market as follows:

By Modality

Therapeutic Ultrasound
Hemostasis
Others

By Method

Non-Invasive
Minimal-Invasive

By Application

Uterine Fibroids
Prostate Cancer
Others

By End User

Hospitals
Research Centers
Diagnostic Centers

The report analyses factors affecting the High Intensity Focused Ultrasound Therapy Market from further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the High Intensity Focused Ultrasound Therapy Market in these regions.
Moreover, the report entails the estimate and analysis for the High Intensity Focused Ultrasound Therapy Market on a global as well as regional level. The study provides historical data as well as the trending features and future predictions of the market growth. Further, the report encompasses drivers and restraints for the High Intensity Focused Ultrasound Therapy Market growth along with its impact on the overall market development. In addition, the report provides an analysis of the accessible avenues in the market on a global level.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global High Intensity Focused Ultrasound Therapy Market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions. The High Intensity Focused Ultrasound Therapy Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Promising Regions & Countries Mentioned in The High-Intensity Focused Ultrasound Therapy Market Report:

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East & Africa

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Major Features of High Intensity Focused Ultrasound Therapy Market Report:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global High Intensity Focused Ultrasound Therapy market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the global High Intensity Focused Ultrasound Therapy market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

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