Global High Intensity Focused Ultrasound (HIFU) Therapy Market (by Imaging Technology, Indication, Region, and End User), Company Profiles, Product Analysis & Recent Development - Forecast to 2030

July 2023 | 197 pages | ID: GCE86F01276EN
iGATE Research Pvt. Ltd.

Abstracts

The global high intensity focused ultrasound (HIFU) therapy market is predicted to reach US$ 310.5 Million by 2030. HIFU therapy is a medical procedure, which involves the application of focused ultrasonic waves to eliminate diseased tissue through ablation. In clinics, HIFU has been applied to treat a variety of solid malignant tumors in a well-defined volume, including the pancreas, liver, prostate, breast, uterine fibroids, and soft-tissue sarcomas. The market is primarily driven by the increasing cancer patient’s population, growing demand for minimally invasive treatment procedures, and increasing public-private investments. Moreover, increasing development in medical technology and its wide-range applications used in the treatment of uterine fibroids, neurological disorders, and aesthetics application, have fueled growth of the market. However, the side effects associated with the use of HIFU therapy and the high cost of HIFU treatment are the key challenges restraining the growth of this market.

Recent Developments

• In January 2023, Sonablate Corp. announced a three-year agreement with HIFU Prostate Services (HPS), the leading provider of minimally invasive HIFU treatment for localized prostate disease, to mobilize Sonablate HIFU devices throughout their nationwide network.
• In November 2022, Nomura Holdings, Inc., a Japan based financial holding company, acquired shares of SONIRE Therapeutics Inc., a company developing a next-generation high-intensity focused ultrasound (HIFU) treatment system.

By Imaging Technology: HIFU Therapy Market & Forecast - Key Takeaways

Based on imaging technology, the HIFU market is segmented into Ultrasound- HIFU therapy and Magnetic resonance guided- HIFU therapy. Among them MR guided- HIFU therapy segment dominates the market backed by increasing product approvals by regulatory authorities.

By Indication: HIFU Therapy Market & Forecast - Key Takeaways

• The oncology segment dominates the global HIFU therapy market, owing to increase in the use of HIFU devices for the treatment of various cancer types. In oncology, prostate cancer application dominates the high-intensity focused ultrasound (HIFU) therapy market.
• Uterine fibroids application is anticipated to grow with the highest rate over the forecast period. Increasing prevalence of uterine fibroids among women across the world and rising patients’ preference for minimally invasive procedures are the major factors expected to drive the market.
• The increasing prevalence of neurological disorders is expected to drive the market over the forecast period, as HIFU therapy is used in the management of neurological disorders.
• The demand for HIFU therapy for anti-aging treatments is increasing as consumers seek treatments with minimal downtime and risks. The aging population and growing middle-class population in developing countries are driving the market for anti-aging treatments.

By Region: HIFU Therapy Market & Forecast - Key Takeaways

• North America is the leading revenue contributor to the global HIFU therapy market followed by Europe, owing to high adoption rate of HIFU devices in these regions.
• Asia-Pacific is anticipated to grow at the highest rate over the forecast period, due to increase in disposable income; surge in research, development, & innovation activities; and rise in awareness towards HIFU therapy devices.

By End User: HIFU Therapy Market & Forecast - Key Takeaways

• Based on end user, the hospitals segment dominates the high intensity focused ultrasound (HIFU) therapy market, owing to increasing use of HIFU therapy devices in the hospitals for the treatment of various conditions such as cancers, uterine fibroids, and others.
• Dermatology clinics is gaining popularity in the global HIFU therapy market, owing to increasing use of HIFU therapy devices in these clinics for various conditions including anti-aging treatment, skin laxity and tightening and others.

iGATE RESEARCH report titled “Global High Intensity Focused Ultrasound (HIFU) Therapy Market (by Imaging Technology, Indication, Region, and End User), Company Profiles, Product Analysis & Recent Development - Forecast to 2030” provides a comprehensive assessment of the high intensity focused ultrasound (HIFU) therapy Market.

This 197 Page report with 60 Figures and 2 Tables has been analyzed from 8 viewpoints:

1. Global HIFU Therapy Market & Forecast (2017 - 2030)
2. Global HIFU Therapy Market Share & Forecast (2017 - 2030)
3. By Imaging Technology - HIFU Therapy Market & Forecast (2017 - 2030)
4. By Indication - HIFU Therapy Market & Forecast (2017 - 2030)
5. By Region - HIFU Therapy Market & Forecast (2017 - 2030)
6. By End User – HIFU Therapy Market & Forecast (2017 - 2030)
7. HIFU Therapy Market - Company Profile, Product Offerings, Recent Developments
8. Global HIFU Therapy Market – Driving Factors and Challenges

By Imaging Technology - HIFU Therapy Market & Forecast

• MR-Guided - High Intensity Focused Ultrasound (HIFU) Therapy
• Ultrasound-Guided - High Intensity Focused Ultrasound (HIFU) Therapy

By Indication - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast

• Oncology
  • Prostate Cancer
  • Liver Tumors
  • Renal Tumors
  • Others
• Uterine Fibroids
• Neurological Disorders
• Skin Care
  • Anti-Aging Treatment
  • Skin Laxity and Tightening
• Others

By Region - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East
• Africa

By End User - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast

• Hospitals
• Ambulatory Surgical Centers
• Dermatology Clinics
• Others

HIFU Company Profile - HIFU Products Analysis & Recent Developments

1. EDAP TMS
2. Haifu Medical
3. Sonablate Corp. (Formerly SonaCare Medical)
4. innoMedicus
5. Mianyang Sonic Electronic Ltd.
6. Shanghai A&S Co., LTD
7. Insightec
8. Alpinion Medical Systems
9. FUS Instruments
10. Theraclion
11. Image Guided Therapy
12. Eye Tech Care
13. Koninklijke Philips NV
14. Profound Medical Corp.
15. Promedica Bioelectronics
16. Shenzhen Wikkon
17. Sonic Concepts
18. Shenzhen PRO-HIFU Medical Tech. Co., Ltd.
19. Verasonics
20. Changjiangyuan Technology Development Co., Ltd
21. EpiSonica

Data Sources

iGATE RESEARCH employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. This report is built by using data and information sourced from Proprietary Information Database, Primary and Secondary Research Methodologies, and In house analysis by iGATE Research dedicated team of qualified professionals with deep industry experience and expertise.

Research Methodologies

Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.

Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.

Contents

1. EXECUTIVE SUMMARY

2. HIGH INTENSITY FOCUSED ULTRASOUND (HIFU) THERAPY MARKET & FORECAST (2017 - 2030)

3. HIGH INTENSITY FOCUSED ULTRASOUND (HIFU) THERAPY MARKET SHARE & FORECAST (2017 - 2030)

3.1 By Imaging Technology - High Intensity Focused Ultrasound (HIFU) Therapy Market Share & Forecast
3.2 By Indication - High Intensity Focused Ultrasound (HIFU) Therapy Market Share & Forecast
3.3 By Region - High Intensity Focused Ultrasound (HIFU) Therapy Market Share & Forecast
3.4 By End User - High Intensity Focused Ultrasound (HIFU) Therapy Market Share & Forecast

4. BY IMAGING TECHNOLOGY - HIGH INTENSITY FOCUSED ULTRASOUND (HIFU) THERAPY MARKET & FORECAST (2017 - 2030)

4.1 MR-Guided - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
4.2 Ultrasound-Guided - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast

5. BY INDICATION - HIGH INTENSITY FOCUSED ULTRASOUND (HIFU) THERAPY MARKET & FORECAST (2017 - 2030)

5.1 Oncology - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
  5.1.1 Prostate Cancer - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
  5.1.2 Liver Tumors - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
  5.1.3 Renal Tumors - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
  5.1.4 Others - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
5.2 Uterine Fibroids - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
5.3 Neurological Disorders - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
5.4 Skin Care - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
  5.4.1 Anti-Aging Treatment - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
  5.4.2 Skin Laxity and Tightening - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
  5.4.3 Others - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
5.5 Others - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast

6. BY REGION - HIGH INTENSITY FOCUSED ULTRASOUND (HIFU) THERAPY MARKET & FORECAST (2017 - 2030)

6.1 North America - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
6.2 Europe - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
6.3 Asia Pacific - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
6.4 Latin America - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
6.5 Middle East - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
6.6 Africa - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast

7. BY END USER - HIGH INTENSITY FOCUSED ULTRASOUND (HIFU) THERAPY MARKET & FORECAST (2017 - 2030)

7.1 Hospitals - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
7.2 Ambulatory Surgical Centers - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
7.3 Dermatology Clinics - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast
7.4 Others - High Intensity Focused Ultrasound (HIFU) Therapy Market & Forecast

8. EDAP TMS

8.1 EDAP TMS - HIFU Division Business Overview
8.2 EDAP TMS - HIFU Division Business Strategy
8.3 EDAP TMS - HIFU Products
8.4 EDAP TMS - HIFU Division Patents and Intellectual Property
8.5 EDAP TMS - HIFU Division Clinical and Regulatory Status
  8.5.1 Clinical and Regulatory Status in Europe
  8.5.2 Clinical and Regulatory Status in the United States
  8.5.3 Clinical and Regulatory Status in Japan
  8.5.4 Clinical and Regulatory Status in China
  8.5.5 Clinical and Regulatory Status in Rest of the World
8.6 EDAP TMS - HIFU Division Revenue & Forecast
  8.6.1 Market Potential
  8.6.2 EDAP TMS - HIFU Revenue
8.7 EDAP TMS - Recent Developments in High Intensity Focus Ultrasound (HIFU)

9. HAIFU MEDICAL

9.1 Business Overview
9.2 Haifu Medical - HIFU Products
9.3 Haifu Medical - Recent Developments in High Intensity Focus Ultrasound (HIFU)

10. SONABLATE CORP. (FORMERLY SONACARE MEDICAL)

10.1 Business Overview
10.2 Sonablate Corp. - HIFU Products
10.3 Sonablate Corp. - Recent Developments in High Intensity Focus Ultrasound (HIFU)

11. INNOMEDICUS

11.1 Business Overview
11.2 innoMedicus - HIFU Products

12. MIANYANG SONIC ELECTRONIC LTD

12.1 Business Overview
12.2 Mianyang Sonic Electronic Ltd. - HIFU Products

13. SHANGHAI A&S CO., LTD

13.1 Business Overview
13.2 Shanghai A&S Co., LTD - HIFU Products

14. INSIGHTEC

14.1 Business Overview
14.2 HIFU Products
14.3 Insightec - Recent Developments in High Intensity Focus Ultrasound (HIFU)

15. ALPINION MEDICAL SYSTEMS

15.1 Business Overview
15.2 Alpinion Milestone
15.3 Alpinion Medical Systems - HIFU Products

16. FUS INSTRUMENTS

16.1 Business Overview
16.2 FUS Instruments - Partnerships
16.3 FUS Instruments - HIFU Products

17. THERACLION

17.1 Business Overview
17.2 Theraclion - HIFU Products
17.3 Theraclion - Recent Developments in High Intensity Focus Ultrasound (HIFU)

18. IMAGE GUIDED THERAPY

18.1 Business Overview
18.2 Image Guided Therapy - HIFU Products

19. EYE TECH CARE

19.1 Business Overview
19.2 Eye Tech Care - HIFU Products
19.3 Eye Tech Care - Recent Developments in High Intensity Focus Ultrasound (HIFU)

20. KONINKLIJKE PHILIPS NV

20.1 Business Overview
20.2 Koninklijke Philips NV - HIFU Products

21. PROFOUND MEDICAL CORP.

21.1 Business Overview
21.2 Profound Medical Corp - HIFU Products
21.3 Profound Medical Corp - Recent Developments in High Intensity Focus Ultrasound (HIFU)

22. PROMEDICA BIOELECTRONICS

22.1 Business Overview
22.2 Promedica Bioelectronics - HIFU Products

23. SHENZHEN WIKKON

23.1 Business Overview
23.2 Shenzhen Wikkon - HIFU Products

24. SONIC CONCEPTS

24.1 Business Overview
24.2 Sonic Concepts - HIFU Products

25. SHENZHEN PRO-HIFU MEDICAL TECH. CO., LTD.

25.1 Business Overview
25.2 Shenzhen PRO-HIFU Medical Tech. Co., Ltd. - HIFU Products

26. VERASONICS

26.1 Business Overview
26.2 Verasonics - HIFU Products

27. CHANGJIANGYUAN TECHNOLOGY DEVELOPMENT CO., LTD

27.1 Business Overview
  27.1.1 Changjiangyuan Technology Development Co., Ltd Achievements
27.2 Changjiangyuan Technology Development Co., Ltd - HIFU Products

28. EPISONICA

28.1 Business Overview
28.2 EpiSonica - HIFU Products

29. GLOBAL HIGH INTENSITY FOCUSED ULTRASOUND (HIFU) MARKET – DRIVING FACTORS

29.1 Increasing government initiatives likely to fuel market growth
29.2 Increasing prevalence of cancer and neurological disorders likely to propel market growth
29.3 Increasing growth initiatives by key players will accelerate market growth

30. GLOBAL HIGH INTENSITY FOCUSED ULTRASOUND (HIFU) MARKET - CHALLENGES

30.1 Side effects associated with HIFU therapy
30.2 High cost of High-Intensity focused ultrasound (HIFU) therapy

List Of Figures

LIST OF FIGURES:

Figure 2-1: Global - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 2-2: Global - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 3-1: By Imaging Technology - High Intensity Focused Ultrasound (HIFU) Therapy Market Share (Percent), 2017 - 2022
Figure 3-2: By Imaging Technology - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market Share (Percent), 2023 - 2030
Figure 3-3: By Indication - High Intensity Focused Ultrasound (HIFU) Therapy Market Share (Percent), 2017 - 2022
Figure 3-4: By Indication - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market Share (Percent), 2023 - 2030
Figure 3-5: By Region - High Intensity Focused Ultrasound (HIFU) Therapy Market Share (Percent), 2017 - 2022
Figure 3-6: By Region - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market Share (Percent), 2023 - 2030
Figure 3-7: By End User - High Intensity Focused Ultrasound (HIFU) Therapy Market Share (Percent), 2017 - 2022
Figure 3-8: By End User - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market Share (Percent), 2023 - 2030
Figure 4-1: MR-Guided - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 4-2: MR-Guided - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 4-3: Ultrasound-Guided - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 4-4: Ultrasound-Guided - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 5-1: Oncology - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 5-2: Oncology - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 5-3: Prostate Cancer - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 5-4: Prostate Cancer - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 5-5: Liver Tumors - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 5-6: Liver Tumors - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 5-7: Renal Tumors - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 5-8: Renal Tumors - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 5-9: Others - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 5-10: Others - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 5-11: Uterine Fibroids - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 5-12: Uterine Fibroids - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 5-13: Neurological Disorders - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 5-14: Neurological Disorders - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 5-15: Skin Care - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 5-16: Skin Care - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 5-17: Anti-Aging Treatment - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 5-18: Anti-Aging Treatment - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 5-19: Skin Laxity and Tightening - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 5-20: Skin Laxity and Tightening - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 5-21: Others - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 5-22: Others - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 5-23: Others - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 5-24: Others - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 6-1: North America - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 6-2: North America - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 6-3: Europe - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 6-4: Europe - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 6-5: Asia Pacific - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 6-6: Asia Pacific - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 6-7: Latin America - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 6-8: Latin America - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 6-9: Middle East - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 6-10: Middle East - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 6-11: Africa - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 6-12: Africa - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 7-1: Hospitals - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 7-2: Hospitals - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 7-3: Ambulatory Surgical Centers - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 7-4: Ambulatory Surgical Centers - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 7-5: Dermatology Clinics - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 7-6: Dermatology Clinics - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 7-7: Others - High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2017 - 2022
Figure 7-8: Others - Forecast for High Intensity Focused Ultrasound (HIFU) Therapy Market (Million US$), 2023 - 2030
Figure 8-1: EDAP TMS - HIFU Revenue (Million US$), 2010 - 2022
Figure 8-2: EDAP TMS - Forecast for HIFU Revenue (Million US$), 2023 - 2030

List Of Tables

LIST OF TABLES:

Table 15-1: Alpinion Milestone, 2007 - 2020
Table 26-1: Verasonics, Inc - Key System Specifications of the Vantage Platforms