High Intensity Focused Ultrasound (Hifu) Market 2021-Global Industry Size, Share, Segments and Growth Factor Analysis Research Report 2028 | Medtronic, Accutome,SonaCare Medical, Koninklijke Philips N.V., Johnson & Johnson
The High Intensity Focused Ultrasound (Hifu) Market is expected to witness market growth at a rate of 7.03% in the forecast period of 2021 to 2028 and is expected to reach USD 160.42 million by 2028. Data Bridge Market Research report on high intensity focused ultrasound (HIFU) market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in the prevalence of cardiovascular disease globally is escalating the growth of high intensity focused ultrasound (HIFU) market.
Global High Intensity Focused Ultrasound (HIFU) Market report implement in-depth research of the industry with focus on the current market trends future prospects. The High Intensity Focused Ultrasound (HIFU) industry analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. High Intensity Focused Ultrasound (HIFU) Market report provides an outlook of current Market value, Size, Share, Growth, Trends and Forecast. Global High Intensity Focused Ultrasound (HIFU) Market research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global High Intensity Focused Ultrasound (HIFU) market report aims to provide an overview of High Intensity Focused Ultrasound (HIFU) industry players with detailed market segmentation by product, application and geographical region.
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High Intensity Focused Ultrasound (HIFU) Market Overview:
High-intensity focused ultrasound (HIFU) refers to a highly precise medical procedure which makes use of focused ultrasonic waves to locally heat and destroy diseased or damaged tissue through ablation. Ultrasonic waves are focused on the target tissue increasing temperature with high intensity of tissue vibrations. Protein denaturation and coagulative necrosis occur when the temperature increases beyond 60 degrees Celsius and leads to irreversible cell death.
The rise in the incidences of various types of cancers, especially, kidney cancer, primary and secondary liver cancer, prostate cancer, pancreatic cancer and bladder cancer across the globe acts as one of the major factors driving the growth of high intensity focused ultrasound (HIFU) market. The rise in the inclination towards the HIFU products as they provide several advantages over traditional ultrasound systems including low procedural time and less bleeding and growing number of clinical studies regarding the applications of HIFU accelerate the high intensity focused ultrasound (HIFU) market growth. The high adoption of these devices in surgical procedures as they make the procedures cost effective, minimally invasive and less painful and the increasing recommendations by healthcare organizations further influence the high intensity focused ultrasound (HIFU) market. Additionally, rise in aging population, public awareness about diseases and treatment options, improving healthcare infrastructure, increasing investment and surge in healthcare expenditure positively affect the high intensity focused ultrasound (HIFU) market. Furthermore, development of technologically advanced systems and product launches extend profitable opportunities to the high intensity focused ultrasound (HIFU) market players in the forecast period of 2021 to 2028.
On the other hand, the presence of stringent government regulations for the approval of HIFU system is expected to obstruct the high intensity focused ultrasound (HIFU) market growth. The unfavorable of reimbursement scenario is projected to challenge the high intensity focused ultrasound (HIFU) market in the forecast period of 2021-2028.
The Global High Intensity Focused Ultrasound (HIFU) Market 2021 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global High Intensity Focused Ultrasound (HIFU) market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
The segments and sub-section of High Intensity Focused Ultrasound (HIFU) market are shown below:
By Modality (Therapeutic Ultrasound, Hemostasis)
By Method (Non-Invasive, Minimal-Invasive Method)
By Application (Prostate Cancer, Uterine Fibroids, Others)
By End Users (Diagnostic Centers, Hospitals, Research Centers)
Some of the Key Players/Manufacturers involved in the Market are –
- Medtronic
- Accutome, Inc
- SonaCare Medical, Koninklijke Philips N.V.
- Johnson & Johnson Private Limited
- Stryker
- Supersonic Imagine
- Ultrasound Technologies Ltd
- Blatek Industries Incorporated
- Chongqing Haifu Medical Technology Co., Ltd
- ….
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The report also focuses on global major leading industry players of worldwide High Intensity Focused Ultrasound (HIFU) market providing information like company profiles, product picture and specification, capacity, production, price, cost, revenue and get in touch with information. Upstream raw materials and equipment and downstream demand analysis is additionally administered. The worldwide High Intensity Focused Ultrasound (HIFU) market development trends and marketing channels are analyzed. Finally, the feasibility of latest investment projects is assessed and overall research conclusions offered.
Key Answers Captured in Study are
- Which geography would have better demand for product/services?
- What strategies of big players help them acquire share in regional market?
- Countries that may see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
- How feasible is market for long term investment?
- What opportunity the country would offer for existing and new players in the High Intensity Focused Ultrasound (HIFU) market?
- Risk side analysis involved with suppliers in specific geography?
- What influencing factors driving the demand of High Intensity Focused Ultrasound (HIFU) near future?
- What is the impact analysis of various factors in the Global High Intensity Focused Ultrasound (HIFU) market growth?
- What are the recent trends in the regional market and how successful they are?
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High Intensity Focused Ultrasound (HIFU) Market Scope and Market Size
The high intensity focused ultrasound (HIFU) market is segmented on the basis of modality, method, application and end users. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
On the basis of modality, the high intensity focused ultrasound (HIFU) market is segmented into therapeutic ultrasound and hemostasis.
On the basis of method, the high intensity focused ultrasound (HIFU) market is segmented into non-invasive and minimal-invasive method.
On the basis of application, the high intensity focused ultrasound (HIFU) market is segmented into prostate cancer, uterine fibroids and others.
On the basis of end users, the high intensity focused ultrasound (HIFU) market is segmented into diagnostic centers, hospitals and research centers.
If opting for the Global version of High Intensity Focused Ultrasound (HIFU) Market analysis is provided for major regions as follows:
- North America (USA, Canada and Mexico)
- Europe (Germany, France, the United Kingdom, Netherlands, Russia , Italy and Rest of Europe)
- Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia, rest of countries etc.)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria and South Africa)
Important years considered in the study are:
Historical year – 2010-2020 ; Base year – 2020; Forecast period** – 2021 to 2028 [** unless otherwise stated]
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There are 15 Chapters to display the Global High Intensity Focused Ultrasound (HIFU) market.
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Global High Intensity Focused Ultrasound (HIFU) market, Applications, Market Segment by Types;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the High Intensity Focused Ultrasound (HIFU) Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show Five forces (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation[North America (Covered in Chapter 9), United States, Canada, Mexico, Europe (Covered in Chapter 10), Germany, UK, France, Italy, Spain, Russia, Others, Asia-Pacific (Covered in Chapter 11), China, Japan, South Korea, Australia, India, South America (Covered in Chapter 12), Brazil, Argentina, Columbia, Middle East and Africa (Covered in Chapter 13), UAE, Egypt & South Africa ], comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, to identify major decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Global High Intensity Focused Ultrasound (HIFU) Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels
Chapter 13 and 14, about vendor landscape (classification and Market Ranking)
Chapter 15, deals with Global High Intensity Focused Ultrasound (HIFU) Market sales channel, distributors, Research Findings and Conclusion, appendix and data source.
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