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High Intensity Focused Ultrasound (HIFU) Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Chongqing Haifu Medical Technology, Profound Medical, Shanghai A&S, SonaCare Medical

21 Jul, 2022 | 164 Pages
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The global High Intensity Focused Ultrasound (HIFU) market reached a value of US$ 420.50 billion in 2021. Looking ahead, the market is expected to reach $ 757.06 billion by 2027, growing at a CAGR of 7.5% between 2022 and 2027.



High Intensity Focused Ultrasound (HIFU) Market Overview



High intensity focused ultrasound is a noninvasive therapeutic approach that uses nonionizing ultrasonic pulses to heat tissues. High-frequency sound waves are employed in HIFU therapy to kill cancer cells while also promoting the flow of blood and lymph. It is not appropriate for all cancers since it cannot penetrate thick bones. Additionally, the device being utilized for this treatment emits high-frequency sound waves. A growing preference for noninvasive procedures, rising occurrences of kidney stones and prostate disorders, and an increase in the frequency of cancer worldwide are all factors contributing to the expansion of high-intensity focused ultrasound therapy in the healthcare market. On the other hand, factors like HIFU treatment adverse effects are restricting the market's expansion. After the pandemic, the high-intensity focused ultrasound therapy market in healthcare is predicted to rise significantly. Due to lockdowns, travel restrictions, and business closures, the COVID-19 has had an impact on the economies and industries of many different nations. The COVID-19 problem has put an excessive strain on public health systems in several nations and emphasized the critical need for long-term investments in healthcare infrastructure. The healthcare sector's development is anticipated to slow as the COVID-19 pandemic spreads.



Industry News and Updates:



August 25, 2020: EDAP Announces Approval for Phase II Study Evaluating High Intensity Focused Ultrasound (HIFU) for Deep Invasive Endometriosis --

EDAP TMS SA (Nasdaq: EDAP), the global leader in robotic energy-based therapies, today announced that the company has received approval from French health authorities to initiate a Phase II multicenter clinical trial evaluating its Focal One® HIFU to treat deep rectal endometriosis. In this Phase II multicenter study, a single patient group of 38 women with a confirmed diagnosis of deep rectal endometriosis will be treated in a total of five major hospitals in France, and both safety and efficacy will be assessed. This study is planned to commence in September at the Croix-Rousse University Hospital and expand to four additional sites. 



March 02, 2021: ALPINION Launches X-CUBE 90, A High-Performance Ultrasound Diagnostic System--

ALPINION MEDICAL SYSTEMS Co., Ltd (ALPINION), a medical ultrasound professional, announced that it will launch X-CUBE 90 in March. X-CUBE 90 is the top-tier model of X-CUBE, a brand developed by upgrading the existing E-CUBE product line. Compared to the existing models, X-CUBE 90 provides a more detailed image and comfortable user interface and thus a diagnostic environment of greater efficiency.



What are the major Applications, Types and Regions for High Intensity Focused Ultrasound (HIFU) Market?



Market is segmented based on the type, applications, companies and regions.



By Type, it is segmented into




  • Ultrasound-Guided

  • MR-Guided



By Application, it is segmented into




  • Female Disease

  • Male Disease



High Intensity Focused Ultrasound (HIFU) Market Regional Analysis



One of the largest shares belongs to North America. The significant market in North America is linked to the high rate of disease diagnosis, rising disposable income, well-developed health care infrastructure, including hospitals and clinics, and high public awareness of the most recent medical advancements. The region's strong market share can also be ascribed to the high (R&D) research and development efforts that support the development of novel medicines. Due to the rising cancer prevalence, market players' investments in developing nations like China and India, as well as growing consumer knowledge of cancer treatment options, the Asia Pacific region's HIFU therapy market is predicted to grow quickly.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The High Intensity Focused Ultrasound (HIFU) Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global High Intensity Focused Ultrasound (HIFU) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our High Intensity Focused Ultrasound (HIFU) Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 7.5% over the forecast period (2022-2027)



By Type




  • Ultrasound-Guided

  • MR-Guided



By Application




  • Female Disease

  • Male Disease



By Companies



Chongqing Haifu Medical Technology, Profound Medical, Shanghai A&S, SonaCare Medical, EDAP TMS, Changjiangyuan Technology Development, Theraclion, Wikkon, Alpinion Medical Systems, Mianyang Sonic Electronic Ltd., Image Guided Therapy, Sonacare Medical LLC, Koninklijke Philips N.V., Shanghai A & S Science Technology Development Co., Ltd, Insightec Ltd., FUS Instruments, Johnson & Johnson, Hitachi, Ltd, General Electric, Medtronic, Inc., Stryker, Supersonic Imagine



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



164



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this High Intensity Focused Ultrasound (HIFU) Market Report




  • Evaluate High Intensity Focused Ultrasound (HIFU) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the High Intensity Focused Ultrasound (HIFU) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.



Frequently Asked Questions



What is the growth rate of High Intensity Focused Ultrasound (HIFU) Market?



The High Intensity Focused Ultrasound (HIFU) Market is growing at a CAGR of 7.5% over the next 5 years.



Who are the key players in High Intensity Focused Ultrasound (HIFU) Market?



Chongqing Haifu Medical Technology, Profound Medical, Shanghai A&S, SonaCare Medical, EDAP TMS, Changjiangyuan Technology Development, Theraclion, Wikkon, Alpinion Medical Systems, Mianyang Sonic Electronic Ltd., Image Guided Therapy, Sonacare Medical LLC, Koninklijke Philips N.V., Shanghai A & S Science Technology Development Co., Ltd, Insightec Ltd., FUS Instruments, Johnson & Johnson, Hitachi, Ltd, General Electric, Medtronic, Inc., Stryker, Supersonic Imagine



What are the significant types of High Intensity Focused Ultrasound (HIFU) Market?



Ultrasound-Guided, MR-Guided



What are the major end-use applications of High Intensity Focused Ultrasound (HIFU) Market?



Female Disease, Male Disease



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.


  1. INTRODUCTION

    1. MARKET DEFINITION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMELINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL HIGH INTENSITY FOCUSED ULTRASOUND (HIFU) MARKET BY TYPE

    3. GLOBAL HIGH INTENSITY FOCUSED ULTRASOUND (HIFU) MARKET BY APPLICATION



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR HIGH INTENSITY FOCUSED ULTRASOUND (HIFU)



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. HIGH INTENSITY FOCUSED ULTRASOUND (HIFU) GROWTH

      2. APPLICATION OF HIGH INTENSITY FOCUSED ULTRASOUND (HIFU)



    4. IMPACT OF COVID 19



  5. GLOBAL HIGH INTENSITY FOCUSED ULTRASOUND (HIFU) MARKET, BY TYPE

    1. INTRODUCTION

    2. ULTRASOUND-GUIDED

    3. MR-GUIDED



  6. GLOBAL HIGH INTENSITY FOCUSED ULTRASOUND (HIFU) MARKET, BY APPLICATION

    1. INTRODUCTION

    2. FEMALE DISEASE

    3. MALE DISEASE



  7. GLOBAL HIGH INTENSITY FOCUSED ULTRASOUND (HIFU) MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. CHONGQING HAIFU MEDICAL TECHNOLOGY

      2. PROFOUND MEDICAL

      3. SHANGHAI A&S

      4. SONACARE MEDICAL

      5. EDAP TMS

      6. CHANGJIANGYUAN TECHNOLOGY DEVELOPMENT

      7. THERACLION

      8. WIKKON

      9. ALPINION MEDICAL SYSTEMS

      10. MIANYANG SONIC ELECTRONIC LTD.

      11. IMAGE GUIDED THERAPY

      12. SONACARE MEDICAL LLC

      13. KONINKLIJKE PHILIPS N.V.

      14. SHANGHAI A & S SCIENCE TECHNOLOGY DEVELOPMENT CO., LTD

      15. INSIGHTEC LTD.

      16. FUS INSTRUMENTS

      17. JOHNSON & JOHNSON

      18. HITACHI, LTD

      19. GENERAL ELECTRIC

      20. MEDTRONIC, INC.

      21. STRYKER

      22. SUPERSONIC IMAGINE





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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