High Intensity Focused Ultrasound Market: By Type, By Application, and Region Forecast 2019-2030

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High Intensity Focused Ultrasound (HIFU) Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (MR-Guided, Ultrasound-Guided), By Application (Bone Tumor and Soft Tissue, Prostate Cancer, Uterine Fibroids, Glioblastoma, Others), and Region Forecast 2019-2030

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High-Intensity Focused Ultrasound (HIFU) Market size was valued at US$ 247.4 million in 2023 and is poised to grow at a significant CAGR of 7.5% from 2024 to 2030. The global market provides a detailed overview and that can be segmented by type, by application. By type, The market has been segmented into MR-Guided, Ultrasound-Guided. The MR-Guided segment is likely to be the largest and fastest-growing segment in terms of type. Based on application the market is segmented into Bone Tumor and Soft Tissue, Prostate Cancer, Uterine Fibroids, Glioblastoma, and Others.

Among these, bone tumor and soft tissue care segment are expected to have the fastest-growing market during the forecast period 2022-2028 according to Precision Business Insights. By region, the Asia-Pacific market is expected to witness the highest market share during the forecast period owing to an increase in R&D investment and a surge in disease diagnosis awareness. Furthermore, this region presents remarkable opportunities for venture capitalists and investors, as the developed markets are comparatively saturated.

Key Development

In March 2019 Houston Methodist Hospital Acquires Focal One High-Intensity Focused Ultrasound System.

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High Intensity Focused Ultrasound Hifu Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.5%

Largest Market

Asia-Pacific

Fastest Growing Market

North America

High Intensity Focused Ultrasound (HIFU) Market Dynamics

The market is driven by rise in awareness for early disease diagnosis and favorable regulatory scenario towards HIFU devices. Furthermore, increase in elderly population and upsurge in demand for HIFU therapy augment the market growth.

High Intensity Focused Ultrasound Hifu Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 247.4 million

Market CAGR

7.5%

By Type

  • MR-Guided
  • Ultrasound-Guided

By Application

  • Bone Tumor and Soft Tissue
  • Prostate Cancer
  • Uterine Fibroids
  • Glioblastoma
  • Others

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The high intensity focused ultrasound hifu market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about Market entry strategies, regulatory framework, and reimbursement scenarios.
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis

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Frequently Asked Questions

The high intensity focused ultrasound hifu market size was valued at US$ 247.4 million in 2023 and is set to grow at a significant CAGR of 7.5% from 2024-2030.

The major players in the global market are Accutome, Inc., Blatek Industries Incorporated, EDAP TMS, Haifu Medical, Koninklijke Philips N.V., Medtronic plc, SonaCare Medical, LLC, Stryker Corporation, SuperSonic, Ultrasound Technologies Ltd

Asia Pacific is the fastest-growing region for Promotional Packaging Market

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Global High-Intensity Focused Ultrasound (HIFU) Market Introduction
2.1. Global High-Intensity Focused Ultrasound (HIFU) Market Taxonomy
2.2. Global High-Intensity Focused Ultrasound (HIFU) Market Definitions
2.2.1. By Type
2.2.2. By Application Type
2.2.3. By Region
3. Global High-Intensity Focused Ultrasound (HIFU) Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global High-Intensity Focused Ultrasound (HIFU) Market Dynamic Factors - Impact Analysis
3.6. Global High-Intensity Focused Ultrasound (HIFU) Market Competition Landscape
4. Global High-Intensity Focused Ultrasound (HIFU) Market Analysis, 2019-2023 and Forecast, 2024-2030
4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global High-Intensity Focused Ultrasound (HIFU) Market, By Type, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn ) 
5.1. MR-Guided
5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Ultrasound-Guided
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global High-Intensity Focused Ultrasound (HIFU) Market, By Application, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.1. Bone Tumor and Soft
6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Prostate Cancer
6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Uterine Fibroids
6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Glioblastoma
6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Others
6.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Global High Intensity Focused Ultrasound (HIFU) Market Forecast, By Region, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
7.1. North America
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Latin America
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Europe
7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Asia-Pacific
7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global High Intensity Focused Ultrasound (HIFU) Market - Opportunity Analysis Index, By Type, By Application, and Region, 2024-2030
8. North America Global High Intensity Focused Ultrasound (HIFU) Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
8.1. Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. MR-Guided
8.1.2. Ultrasound-Guided
8.2. By Application Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.2.1. Bone Tumor and Soft Tissue
8.2.2. Prostate Cancer
8.2.3. Uterine Fibroids
8.2.4. Glioblastoma
8.2.5. Others
8.3. By Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.3.1. United States
8.3.2. Canada
8.4. North America Global High Intensity Focused Ultrasound (HIFU) Market - Opportunity Analysis Index, By Type, By Application and By Country 2024-2030
8.5. North America Global High Intensity Focused Ultrasound (HIFU) Market Dynamics – Trends
9. Europe Global High Intensity Focused Ultrasound (HIFU) Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
9.1. Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. MR-Guided
9.1.2. Ultrasound-Guided
9.2. By Application Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Bone Tumor and Soft Tissue
9.2.2. Prostate Cancer
9.2.3. Uterine Fibroids
9.2.4. Glioblastoma
9.2.5. Others
9.3. By Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.3.1. Germany
9.3.2. United Kingdom
9.3.3. Spain
9.3.4. Italy
9.3.5. France
9.3.6. Russia
9.3.7. Norway
9.3.8. Rest of Europe
9.4. Europe Global High Intensity Focused Ultrasound (HIFU) Market - Opportunity Analysis Index, By Type, By Application and By Country 2024-2030
9.5. Europe Global High Intensity Focused Ultrasound (HIFU) Market Dynamics Trends
10. Asia-Pacific Global High Intensity Focused Ultrasound (HIFU) Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)
10.1. Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. MR-Guided
10.1.2. Ultrasound-Guided
10.2. By Application Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Bone Tumor and Soft Tissue
10.2.2. Prostate Cancer
10.2.3. Uterine Fibroids
10.2.4. Glioblastoma
10.2.5. Others
10.3. By Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.3.1. China
10.3.2. India
10.3.3. Japan
10.3.4. South Korea
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Global High Intensity Focused Ultrasound (HIFU) Market - Opportunity Analysis Index, By Type, By Application and By Country 2024-2030
10.5. Asia-Pacific Global High Intensity Focused Ultrasound (HIFU) Market Dynamics – Trends
11. Latin America Global High Intensity Focused Ultrasound (HIFU) Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)
11.1. Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. MR-Guided
11.1.2. Ultrasound-Guided
11.2. By Application Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Bone Tumor and Soft Tissue
11.2.2. Prostate Cancer
11.2.3. Uterine Fibroids
11.2.4. Glioblastoma
11.2.5. Others
11.3. By Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Global High Intensity Focused Ultrasound (HIFU) Market - Opportunity Analysis Index, By Type, By Application and By Country 2024-2030
11.5. Latin America Global High Intensity Focused Ultrasound (HIFU) Market Dynamics – Trends
12. Middle East and Africa Global High Intensity Focused Ultrasound (HIFU) Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)
12.1. Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. MR-Guided
12.1.2. Ultrasound-Guided
12.2. By Application Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Bone Tumor and Soft Tissue
12.2.2. Prostate Cancer
12.2.3. Uterine Fibroids
12.2.4. Glioblastoma
12.2.5. Others
12.3. By Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.3.1. Middle East
12.3.2. South Africa
12.3.3. Israel
12.3.4. Argentina
12.3.5. Rest of Latin America
12.4. Middle East and Africa High Intensity Focused Ultrasound (HIFU) Market - Opportunity Analysis Index, By Type, By Application and By Country 2024-2030
12.5. Middle East and Africa High Intensity Focused Ultrasound (HIFU) Market Dynamics Trends
13. Competition Landscape
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Base Oil & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Accutome, Inc.
13.2.2. Blatek Industries Incorporated
13.2.3. EDAP TMS
13.2.4. Haifu Medical
13.2.5. Koninklijke Philips N.V.
13.2.6. Medtronic plc
13.2.7. SonaCare Medical, LLC
13.2.8. Stryker Corporation
13.2.9. SuperSonic
13.2.10. Ultrasound Technologies Ltd
14. Research Methodology
15. Key Assumptions and Acronyms

 

Key Market Players

  • Accutome, Inc.
  • Blatek Industries Incorporated
  • EDAP TMS
  • Haifu Medical
  • Koninklijke Philips N.V.
  • Medtronic plc
  • SonaCare Medical, LLC
  • Stryker Corporation
  • SuperSonic
  • Ultrasound Technologies Ltd

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