High intensity focused ultrasound (HIFU) is an early stage medical technology that is in various stages of development worldwide to treat a range of disorders.
The mechanism is similar to using a magnifying glass to focus sunlight. Focused ultrasound uses an acoustic lens to concentrate multiple intersecting beams of ultrasound on a target. Each individual beam passes through tissue with little effect but at the focal point where the beams converge, the energy can have useful thermal or mechanical effects
As for the global High-intensity Focused Ultrasound System industry, the industry structure is relatively concentrated. For the HIFU used for disease segment, half market share in revenue is grasped by the top three manufacturers, Chongqing Haifu Medical Technology, Philips Healthcare and Changjiangyuan Technology Development, which closes to 58.36 per cent totally. The China giant Chongqing Haifu Medical Technology, which has 27.44% market share in 2015, is the leader in the High-intensity Focused Ultrasound System industry. The manufacturers following Chongqing Haifu Medical Technology are Philips Healthcare and Changjiangyuan Technology Development, which respectively has 23.39% and 7.53% market share globally. For the HIFU used for Cosmetic Segment, the top five manufacturers occupied 78% of the total market ,and they are Ulthera, Inc, Hironic, Classys, Revyouth and WONTECH Co., Ltd.
According to this study, over the next five years the High-intensity Focused Ultrasound System market will register a 25.0% CAGR in terms of revenue, the global market size will reach USD 520 million by 2024, from USD 140 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in High-intensity Focused Ultrasound System business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of High-intensity Focused Ultrasound System market by product type, application, key manufacturers and key regions and countries.
This study considers the High-intensity Focused Ultrasound System value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Ultrasound-Guided
MR-Guided
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
HIFU for Disease
HIFU for Cosmetic
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Chongqing Haifu Medical Technology
Philips Healthcare
Changjiangyuan Technology Development
SonaCare Medical
EDAP TMS
Shanghai A&S
InSightec
Wikkon
Theraclion
Alpinion Medical Systems
Mianyang Sonic Electronic Ltd.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global High-intensity Focused Ultrasound System consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of High-intensity Focused Ultrasound System market by identifying its various subsegments.
Focuses on the key global High-intensity Focused Ultrasound System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the High-intensity Focused Ultrasound System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of High-intensity Focused Ultrasound System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
