High-Intensity Focused Ultrasound (HIFU) Market will grow substantially by 2027

Author : univdatos
Publish Date : 2021-11-18 09:49:13
High-Intensity Focused Ultrasound (HIFU) Market will grow substantially by 2027

A comprehensive overview of the High-Intensity Focused Ultrasound (HIFU) Market is recently added by UnivDatos Market Insights to its humongous database. The High-Intensity Focused Ultrasound (HIFU) Market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the High-Intensity Focused Ultrasound (HIFU) Market. The High-Intensity Focused Ultrasound (HIFU) Market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the High-Intensity Focused Ultrasound (HIFU) Market at the global and regional levels. Global High-Intensity Focused Ultrasound (HIFU) Market was valued at ~US$ 100 million in 2020 and is expected to grow at a CGAR of ~18% over the forecast period (2021-2027).

Market Overview

The demand for High-Intensity Focused Ultrasound (HIFU) market is increasing on account of the high prevalence of cancer as well as cardiovascular disease cases, promulgating aging population, increasing number of new product launches, mounting number of clinical trials, and high focus of market key players on the development of technologically advanced systems. More than a million cancer cases are diagnosed every year and as per the American Cancer Society (2021), 1 in 3 people will be diagnosed with cancer in their lifetime. customers.

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Global High-Intensity Focused Ultrasound (HIFU) Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By Modality, the market is primarily bifurcated into

  • Therapeutic Ultrasound
  • Hemostasis
  • Lithotripsy
  • Thrombolysis
  • Immunomodulation
  • Others

The Therapeutic Ultrasound segment dominated the market in 2020 and is expected to grow at lucrative during the forecasted period.

By Methods, the market is primarily segmented into

  • Non-invasive Method
  • Minimal Invasive Method

Amongst Methods, the Non-invasive Method segment accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.

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By Application, the market is primarily segmented into

  • Prostate Cancer
  • Uterine Fibroids
  • Neurological Disorders
  • Cosmetic Medicine
  • Others

Amongst Application, the Uterine Fibroids segment accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.

By End-users, the market is primarily segmented into

  • Diagnostic Centers
  • Hospitals
  • Research Centers
  • Others

Amongst End-users, the Hospitals segment accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.

High-Intensity Focused Ultrasound (HIFU) Market Geographical Segmentation Includes:

  • North America (United States, Canada, Rest of North America)
  • Europe (Germany, United Kingdom, France, Spain, and Rest of Europe)
  • Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)
  • Rest of the World

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The major players targeting the market includes

  • Medtronic, Inc.
  • Accutome, Inc.
  • Sonacare Medical
  • Koninklijke Philips N.V.
  • Johnson & Johnson
  • Stryker Corporation
  • Supersonic Imagine
  • Ultrasound Technologies Ltd.
  • Blatek, Inc.

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the High-Intensity Focused Ultrasound (HIFU) Market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

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Key questions resolved through this analytical market research report include:

  • What are the latest trends, new patterns, and technological advancements in the High-Intensity Focused Ultrasound (HIFU) Market?
  • Which factors are influencing the High-Intensity Focused Ultrasound (HIFU) Market over the forecast period?
  • What are the global challenges, threats, and risks in the High-Intensity Focused Ultrasound (HIFU) Market?
  • Which factors are propelling and restraining the High-Intensity Focused Ultrasound (HIFU) Market?
  • What are the demanding global regions of the High-Intensity Focused Ultrasound (HIFU) Market?
  • What will be the global market size in the upcoming years?
  • What are the crucial market acquisition strategies and policies applied by global companies?

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Category : business

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