High-Intensity Focused Ultrasound Therapy Market Size, Share, Analysis, Applications, Growth Insight, and Future Forecast – 2027
The Global High-Intensity Focused Ultrasound Therapy Market was valued at $81,000 thousand in 2017, and is estimated to reach at $398,724 thousand by 2027, registering a CAGR of 21% from 2021 to 2027.
High-intensity focused ultrasound (HIFU) therapy uses high-frequency sound waves to kill cancer cells. It can only treat a single tumor or part 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 treatment 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
Some of the key players in this market are Image Guided Therapy, EDAP TMS, SonaCare Medical, LLC, Theraclion, Chongqing Haifu Medical Technology Co., Ltd, Koninklijke Philips N.V., Shanghai A&S Co. LTD, Mianyang Sonic Electronic Ltd., Insightec, Alpinion Medical Systems, and FUS Instruments.
Scope of the Report
The research study analyzes the global High-Intensity Focused Ultrasound 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 Therapy Market Report
1. What was the High-Intensity Focused Ultrasound Therapy Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the High-Intensity Focused Ultrasound Therapy Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the High-Intensity Focused Ultrasound 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.
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