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Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
High Intensity Focused Ultrasound Market: By Type, By Application, and Region Forecast 2019-2030
High Intensity Focused Ultrasound Market: By Type, By Application, and Region Forecast 2019-2030
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.
In March 2019 Houston Methodist Hospital Acquires Focal One High-Intensity Focused Ultrasound System.
Study Period
2024-2030Base Year
2023CAGR
7.5%Largest Market
Asia-PacificFastest Growing Market
North America
The high-intensity focused ultrasound (HIFU) therapy 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.
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
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 247.4 million |
|
Market CAGR |
7.5% |
|
By Type |
|
|
By Application |
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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
| 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
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.