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High intensity focused ultrasound (HIFU) is a non-invasive technique which is used for killing the cancer cells and tissues using high-frequency sound waves or intense heat. High intensity focused ultrasound concentrates high-intensity beams on the tumor cells that are to be destroyed, and it is utilized in the treatment of desmoids tumors, uterine fibroids, prostate cancer, and bone metastasis.
Along with cancer and neurological applications, high intensity focused ultrasound is used in cosmetology. High intensity focused ultrasound offers benefits in cosmetology such as reduction of wrinkles, skin tightening, improved jawline, double chin reduction, and improved skin elasticity. According to the American Cancer Society, out of all cancers, pancreatic cancer is responsible for an estimated 7.0% deaths in the U.S. each year, thus increasing the demand for high intensity focused ultrasound therapy.
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Rising prevalence of cancer, neurological disorders, and glaucoma is a significant factor for the growth of global high intensity focused ultrasound market. Combined with this, added benefits of high intensity focused ultrasound such as minimal invasion surgery, decreased the risk of impotence, minimal procedural time, as well as minimal side effects, and faster recovery is driving the growth of global high intensity focused ultrasound market.
However, certain chances of risks such as abdominal pain, cramps, or patient discomfort are restraining factors for the growth of global high intensity focused ultrasound market.
Some of the major players present in the global high intensity focused ultrasound market are GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., Hitachi, Ltd., Ultrasound Technologies Ltd., Johnson & Johnson Services, Inc., SonaCare Medical, LLC., EpiSonica Corporation, Profound Medical Corp., EDAP TMS, ALPINION MEDICAL SYSTEMS Co., Ltd., Chongqing Haifu Medical Technology Co., Ltd., and others.
· Prostate Cancer
· Uterine Fibroids
· Neurological Disorders
By End User
· Ambulatory Surgery Centres
· Cancer Treatment Centers
· Physiotherapy Centers
· North America (USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
· Latin America (Brazil, Mexico, and Rest of Latin America)
· Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)
Among the segmentation, prostate cancer in the application segment is holding a larger share owing to increasing incidence of cancer rates due to a sedentary lifestyle, unhealthy diet, etc. Uterine fibrosis is also anticipated to show higher growth during the forecast period.
Geographically the global high intensity focused ultrasound market is segmented into North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. North America dominated the global high intensity focused ultrasound market in 2017 owing to rising prevalence of cancer cases such as prostate cancer, breast cancer, lung cancer, and neurological disorders. According to the American Cancer Society, breast cancer caused an estimated 40,610 deaths in the U.S. in 2017. Certain advantages offered by high intensity focused beam such as advanced safety, minimal hospital stay, faster recovery and better accuracy are boosting the demand for global high intensity focused ultrasound market in North America. Asia Pacific is also expected to show significant growth during the forecast period owing to government support for R&D and increasing incidence of cancer.
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