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High intensity Focused Ultrasound Market is Estimated to Grow at a CAGR of 7.56% within the forecast period of 2023-2030: Cognitive Market Research
High intensity Focused Ultrasound Market is Estimated to Grow at a CAGR of 7.56% within the forecast period of 2023-2030
High-intensity focused ultrasound (HIFU) is a highly accurate medical technique that uses intense ultrasonic waves to heat localized damaged tissue and eliminates it by ablation. Focused ultrasonic waves cause intense tissue vibrations that raise the temperature in the target tissue. When the temperature rises above 60 degrees Celsius, protein denaturation and coagulative necrosis take place, which results in irreversible cell death.
Summary
• The Global High intensity Focused Ultrasound Market is estimated to be valued at USD 137.7 million in 2023 and is expected to exhibit a CAGR of 7.56% during the forecast period (2023-2030).
• North America dominates the global High-Intensity Focused Ultrasound (HIFU) market with the highest revenue share
• The hospital segment is forecasted to dominate the global high-intensity focused ultrasound (HIFU) market.
• As per cognitive market research analysts, the oncology segment is anticipated to dominate the global market.
To know more The High intensity Focused Ultrasound Market statistics click here: https://www.cognitivemarketresearch.com/high-intensity-focused-ultrasound-market-report
Market Dynamics:
The increasing prevalence of neurological disorders is forecasted to drive market growth. In addition, a rising number of government initiatives for the management of prostate cancer is forecasted to dominate the global HIFU market. Furthermore, increasing product launches and product approval by major market players will provide an opportunity for the target market. However, side effects associated with the use of high-intensity focused ultrasound (HIFU) may restrain the global market growth.
Market Segmentation:
Imaging Technology:
• Ultrasound- HIFU Therapy
• Magnetic Resonance Imaging- HIFU Therapy
Magnetic resonance imaging- HIFU therapy segment is forecasted to drive market growth. This is attributed to increasing research and development activities related to magnetic resonance imaging-HIFU therapy for the treatment of several disorders.
Indication:
• Oncology
• Skin Care
• Neurological Disorders
• Others (Uterine Fibroids, Benign Prostatic Hyperplasia, etc.)
The oncology segment is anticipated to dominate the global market. This is attributed to the increasing use of HIFU and research and development activities regarding HIFU for the treatment of various cancer types
End User:
• Hospitals
• Ambulatory Surgical Centers
• Dermatology Clinics
• Others (Research Institutes, specialty Centers, etc.)
By end user, the high-intensity focused ultrasound (HIFU) market is segmented into hospitals, ambulatory surgical centers, dermatology clinics, and others. The hospital segment is forecasted to dominate the global market. Increasing use of HIFU therapy for the treatment of various conditions such as Anti-aging treatment in the hospitals
Competitive Analysis for High intensity Focused Ultrasound Market: ETC BioMedical Systems, Fink Engineering, Gulf Coast Hyperbarics, HAUX LIFE SUPPORT, Hearmec, Hyperbaric, IHC Hytech, OxyHeal Health Group, Sechrist Industries, SOS Medical Group
Get free sample pages of latest published High intensity Focused Ultrasound Market Report: https://www.cognitivemarketresearch.com/high-intensity-focused-ultrasound-market-report
Regional analysis:
North America dominates the global high-intensity focused ultrasound (HIFU) market with the highest revenue share. This is attributed to the rising prevalence of cancer cases such as prostate cancer, breast cancer, and among others. Furthermore, Asia-Pacific is forecasted to dominate the global market. This is attributed to increasing government support in research & development and growing incidences of cancer in the country in the region.
News:
Sonablate corp announced the formation, to accelerate global HIFU development
In October 2021, Sonablate Corp., a company developing high-intensity focused ultrasound (HIFU) technologies, announced the completion of a combined seed investment and committed sales distribution agreement totaling over US$ 70 million with SCI, a Canadian investment company to accelerate global HIFU development.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global High intensity Focused Ultrasound Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 High intensity Focused Ultrasound Market Segmentation
1.5.1 High intensity Focused Ultrasound Market Regional Fragmentation
1.5.1 High intensity Focused Ultrasound Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of High intensity Focused Ultrasound Market
• 3.1 Global High intensity Focused Ultrasound Market Size 2018 - 2030, (USD Million)
• 3.2 Global High intensity Focused Ultrasound Market Statistics 2022: Snapshot
Chapter 4 Global High intensity Focused Ultrasound Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global High intensity Focused Ultrasound Market by Imaging Technology Segmentation Analysis (2018-2030)
Chapter 9 Global High intensity Focused Ultrasound Market by End User Segmentation Analysis (2018-2030)
Chapter 10 Global High intensity Focused Ultrasound Market by Indication Segmentation Analysis (2018-2030)
Chapter 11 Global High intensity Focused Ultrasound Market Regional Analysis
Chapter 12 North America High intensity Focused Ultrasound Market Outlook (2018 - 2030)
Chapter 13 Europe High intensity Focused Ultrasound Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific High intensity Focused Ultrasound Market Outlook (2018 - 2030)
Chapter 15 Latin America High intensity Focused Ultrasound Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa High intensity Focused Ultrasound Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customized/Exclusive Report Access on Request
To know more High intensity Focused Ultrasound Market TOC click here: https://www.cognitivemarketresearch.com/high-intensity-focused-ultrasound-market-report#table_of_contents
Related Report
• High Intensity Focused Ultrasound Device Market- https://www.cognitivemarketresearch.com/high-intensity-focused-ultrasound-device-market-report
• High intensity Focused Ultrasound Ablators Market- https://www.cognitivemarketresearch.com/high-intensity-focused-ultrasound-ablators-market-report
• High intensity Focused Ultrasound Therapy Market- https://www.cognitivemarketresearch.com/high-intensity-focused-ultrasound-therapy-market-report
• High Intensity Focused Ultrasound Equipment Market- https://www.cognitivemarketresearch.com/high-intensity-focused-ultrasound-equipment-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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