Growing End-use Adoption to Fuel Sales of MRI Guided Focused Ultrasound Devices During the Forecast Period

The MRI Guided Focused Ultrasound Devices Market, in the next 10 years, is expected to substantiate. Hospital decision support solutions are being floated, and the status quo is expected to stay the same even going forward. Herein, value propositions are made to the society on the whole and patients in particular by the government, private insurance companies, and social security organizations working in unison. As such, the healthcare industry is expected to witness a good number of clinical outcomes in the forthcoming period.

The MRI Guided Focused Ultrasound Devices Market Share is expected to be worth US$ 61.9 Million at a CAGR of 10% between 2026. With value-based reimbursement systems taking the center stage, patient engagement technology is expected to be adopted all across. The pricing analysis takes into consideration licensing fees, implementation fees, annual license maintenance fees, up-gradation and integration fees, and consulting fees.

A new study by the company titled 'MRI Guided & Focused Ultrasound Devices Market: Global Industry Analysis 2013-2017 and Forecast 2018-2026', has listed out the key points being considered by MRI Guided & Focused Ultrasound Devices companies to emerge and stay sustainably profitable in the long run in the MRI Guided & Focused Ultrasound Devices market.

The Europe MRI Guided & Focused Ultrasound Devices market is expected to expand at a CAGR of close to 8%, and is expected to remain as a main sink market for revenues. China is expected to remain as the main source market for MRI Guided & Focused Ultrasound Devices, as most of the MRI Guided & Focused Ultrasound Devices facilities are located in this region.

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Company Profiles
• Profound Medical
• Insightech
• EpiSonica
• Kona Medical
• Mirabilis Medical
• SonaCare Medical
• EDAPTMS
• Theraclion
• Alpinion Medical Systems
• Beijing Yuande Bio-Medical Engineering
• Wuxi Haiying Medical
• Chongquing HIFU Medical Tech. Co. Ltd.
• Shangai A&S Co. Ltd.
• Others.

However, with the increasing demand and cost-effective diagnostic options in countries such as China and India, and various countries of Asia Pacific and Middle-East, is fueling the growth of MRI Guided & Focused Ultrasound Devices market.

The report finds that the number of commercial treatment sites have increased considerably over the last four years. In 2014, there were approximately 394 treatment sites which commercially offered therapies for the indications approve in their respective regions.

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As of 2017, there are approximately 582 treatment sites offering therapies for 31 indications. The number of Funding & Programs have increased over the last decade. Strategic Partnerships have usually involved well established medical device market manufacturers and MRI guided & focused ultrasound devices manufacturers.

As MRI guided & focused ultrasound devices manufacturers are majorly focused on product development and research, strategic partnerships with key medical device manufacturers providing the MRI guided & Focused Ultrasound devices manufactures with greater resources at their disposal for product marketing and product penetration.

For MRI Guided & Focused Ultrasound Devices, Uterine Fibrosis is the most common indication offered by various manufacturers. Prostate cancer and breast cancer treatment are rapidly growing and gaining acceptance widely in the end users of MRI guided & Focused Ultrasound devices. Breast Cancer indication type is anticipated to be the fast growing indication for MRI Guided & Focused Ultrasound Devices.

Hospitals, Oncological treatment centers, and academic & research centers using MRI guided & Focused Ultrasound devices are the primary point of contact for patients experiencing prostate diseases, liver cancer, uterine fibrosis, brain anomalies, and others.

Hospitals sub-segment under the end users segment for MRI Guided & Focused Ultrasound Devices market, accounted for over 45% revenue share in the overall MRI Guided & Focused Ultrasound Devices market in 2017. Growing demand for cost-effective diagnostic options success in clinical studies for developing a rapid MRI Guided & Focused Ultrasound Devices is expected to fuel the growth of the global MRI Guided & Focused Ultrasound Devices market over the forecast period.

Activities across the MRI Guided & Focused Ultrasound Devices manufacturers are restricted to knowledge sharing and product development. The top activity associated with MRI Guided & Focused Ultrasound Devices manufacturers is joint collaboration with various organizations in order to spread awareness, further development, and promote the efficiency of MRI Guided & Focused Ultrasound Devices.

Rising focus on cost-effective diagnosis using MRI Guided & Focused Ultrasound Devices is expected to boost the growth of the MRI Guided & Focused Ultrasound Devices market.

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