High Intensity Focused Ultrasound (HIFU) Therapy Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The High Intensity Focused Ultrasound (HIFU) Therapy Market was valued at US$ 417.98 million in 2020 and it is projected to reach US$ 755.46 million by 2028; it is expected to grow at a CAGR of 7% from 2022 to 2028.

High-intensity focused ultrasound (HIFU) therapy uses high-frequency sound waves to kill cancer cells. It can treat a single tumor or only a portion of a larger tumor and cannot be used to treat a wide range of tumors. Therefore, HIFU therapy is not suitable for the treatment of malignant tumors. This therapy implements a new and novel method of ultrasound that propagates through the tissue medium as an energy carrier. HIFU therapy is a completely non-invasive technique with great potential for tumor resection, hemostasis, thrombolysis, and targeted drug/gene delivery. This treatment is also used to treat prostate cancer using high-frequency ultrasound energy. It is widely used in the field of interventional oncology due to its non-invasiveness, sharp margin of treatment, and low complication rate.

Market Segments

By Modality

• Therapeutic Ultrasound
• Hemostasis
• Others

By Method

• Noninvasive
• Minimally Invasive

By Application

• Uterine Fibroids Treatment
• Prostate Cancer Treatment
• Others

Key Players

Major players operating in the HIFU therapy market include EDAP TMS, THERACLION, CARDIAWAVE, BrainSonix Corporation, FUS Instruments, Image Guided Therapy, Promedica Bioelectronics s.r.l., Verasonics, Inc., PROFOUND MEDICAL Corp., and EpiSonica.

Scope of the Report

The research study analyzes the global High Intensity Focused Ultrasound (HIFU) Therapy industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by High Intensity Focused Ultrasound (HIFU) Therapy Market Report

1. What was the High Intensity Focused Ultrasound (HIFU) Therapy Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of High Intensity Focused Ultrasound (HIFU) Therapy Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the High Intensity Focused Ultrasound (HIFU) Therapy Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.