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Global High Intensity Focused Ultrasound (HIFU) Market Report 2024: Market to Grow by $78.6 Billion to 2030 - This Modern-day Scientific Approach Gaining Prominence for its Non-invasive Method | ||
By: PR Newswire Association LLC. - 16 Feb 2024 | Back to overview list |
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DUBLIN, Feb. 16, 2024 /PRNewswire/ -- The "Global High Intensity Focused Ultrasound (HIFU) Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering. The High-intensity targeted ultrasound therapy market is anticipated to be worth around US$194.18 Million by 2030 from US$115.55 Million in 2023, growing at a CAGR of 7.70% from 2024 to 2030 High-Intensity Focused Ultrasound (HIFU) therapy is a modern-day scientific approach gaining prominence for its non-invasive method. HIFU objectives specific tissues with the aid of using particular ultrasound waves, generating heat for therapeutic applications without damaging surrounding areas. Widely used for situations like prostate cancer and uterine fibroids, HIFU minimizes healing instances and side effects compared to standard medications. Its reputation stems from its precision, decreased invasiveness, and capability programs in various medical fields. As demand for non-surgical interventions rises, HIFU emerges as a transformative technology, using advancements within the clinical panorama with its effectiveness and minimum impact on patients. High-Intensity Focused Ultrasound (HIFU) is an attractive response for healthcare companies and payers, offering cost effectiveness and minimally invasive interventions. The increasing cognizance of HIFU's benefits, supported by mounting scientific proof, drives increasing demand among patients and healthcare professionals, propelling the HIFU therapy market increase. Advanced software programs aid treatment planning, while A.I. explores customized optimization. Expanding beyond cancer, HIFU shows promise in diverse applications sponsored by developing clinical evidence. Emerging trends include closed-loop structures, combination therapies, and the potential miniaturization of gadgets, positioning HIFU as a mainstream healing alternative with ongoing interesting innovations for advanced patient care and results. Examples encompass U.S. Food and Drug Administration (FDA) approvals for chronic tremor, prostate cancer, uterine fibroids, and persistent pain, European Medicines Agency (EMA) acclaim for uterine fibroids, and Chinese Food and Drug Administration (CFDA) approval for liver cancer, pancreatic cancer, and bone tumors. The HIFU market's expansion into aesthetic applications, like skin tightening and fat removal, similarly propels usual growth. Technological improvements, especially in real-time imaging and energy delivery, enhance accuracy, efficacy, and safety, ensuring HIFU stays competitive. Increasing attention amongst patients and healthcare professionals drives market demand, while a supportive regulatory environment, spotting HIFU's potential and approving new applications, propels expansion and fosters innovation. Hospitals channel patients to HIFU remedies as referral centers, creating a captive audience. Their monetary assets permit full-size investments in HIFU devices, ensuring consistent access. Leading hospitals actively contribute to HIFU research, fostering innovation and improving therapy protocols. Also, their regulatory compliance, protection protocols, and role in compensation negotiations solidify their dominance in steering the global HIFU market. Company Analysis: Overview, Recent Developments, Revenue
Imaging Technology - High Intensity Focused Ultrasound Therapy Market breakup from 2 viewpoints:
Application - High Intensity Focused Ultrasound Therapy Market breakup from 5 viewpoints:
End-User - High Intensity Focused Ultrasound Therapy Market breakup from 4 viewpoints:
Country - Breakup from 26 Country High Intensity Focused Ultrasound Therapy Market: North America
Europe
Latin America
Middle East & Africa
Rest of the World For more information about this report visit https://www.researchandmarkets.com/r/o7ge9b About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Media Contact: Research and Markets For E.S.T Office Hours Call +1-917-300-0470 U.S. Fax: 646-607-1907 Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets |
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