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Ultrasound Ablators Market Size, Share & Industry Analysis, By Type (High-Intensity Focused Ultrasound (Hifu) Ablators, Magnetic Resonance Guided Focused Ultrasound (Mrgfus) Ablators, Others), By Applications (Cardiovascular Disease, Cancer, Ophthalmologic, Gynecologic, Pain Management, others), By End users (Hospitals, Specialty clinics, Research and Academic Institutes, others) and Regional Forecast, 2022-2029

Region : Global | Report ID: FBI102511 | Status : Ongoing

 

KEY MARKET INSIGHTS

Ultrasound is a diagnostic device also known as diagnostic medical sonography which is an imaging technique that uses high-frequency sound waves to generate structural images within the body. These images provide valuable information related to diagnosis, treating a variety of disorders such as evaluating blood flow, guide a needle for biopsy or tumor treatment, detection of genital and prostate problems. Ablation is defined as the procedure to eradicate damaged tissue, injurious substances, and others. Therefore, Ultrasonic ablation is defined as a noninvasive technique that makes use of sound waves and is focused on a contaminated area of the tissue, focusing on cellular destruction of the contaminated tissue. Ultrasonic ablation helps in the treatment of adenomyosis which is boosting the growth of this market. Additionally, ultrasound is used to monitor the ablation process. During such cases, HIFU provides minimally invasive treatment to achieve adenomyosis. thus, focused ultrasound is used in non-invasive treatment for a wide range of clinical diagnoses. Furthermore, HIFU is a non-invasive therapeutic technique that makes use of non-ionizing ultrasonic waves technique to heat tissue, whereas Magnetic Resonance-guided Focused Ultrasound makes use of ultrasonic pulses for heating up and to abnormal benign growths in a woman's uterus, and eradicate fibroid tumors.


Key Market Driver -

Rise in number of non-invasive procedures

Key Market Restraint -

Stringent regulations


Major factors driving the growth of the ultrasound ablator market include rise in chronic diseases, an increase in the number of non-invasive procedures that help in faster recovery, a rise in the geriatric population, reduced hospitalization, low blood loss, and others. In addition to this, rise in cases of cardiac disorders, gynecological disorders, increase in pain management due to unhealthy lifestyle, rise in cases of cancer, and others are also positively influencing the growth of the market. Furthermore, the manufacturer's interest in technological advancements is propagating the growth of the market during the forecast period. Modern techniques of minimally invasive procedures help in the elimination of the hospital infections that occur during the open surgeries or procedures is also triggering the growth of the market during the forecast period. Along with this, it highly use minimally invasive techniques in the treatment of various tumors, uterine fibroids, and others.


However, lack of skilled professionals, lack of technology penetration, stringent regulations, technical challenges which include lack of monitoring for ablators drip, tissue deformation, and others are hampering the growth of market during the forecast period.


Key Players Covered:


The major companies in the ultra sound ablators market include Boston Scientific Corporation, Medtronic, Richard Wolf GmbH, Olympus Corporation, Siemens Healthcare, Stryker, KARL STORZ, St. Jude, Smith and Nephew, and others.


Key Insights:



  • Prevalence of minimal invasive procedures, Key Countries/ Region, 2018

  • New Product Launches

  • Technological Advancements of ultrasound

  • Key Industry Developments

  • Pricing Analysis


Regional Analysis:


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Geographically, the Ultrasound Ablators market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa. North America is dominating the market owing to the rise in the prevalence of chronic diseases, a rise in healthcare expenditure, and early adoption of technology. Europe is the second-largest contributor in the market owing to the presence of developed healthcare infrastructure. Asia Pacific is anticipated to witness lucrative growth owing to the rise in geriatric population, increase in healthcare awareness, and government initiatives, increase in research and development activities, etc. Latin America, Middle East and Africa are also expecting to experience lucrative growth owing to rise healthcare awareness.


Segmentation


























 ATTRIBUTE


 DETAILS

By  Type




  • High-Intensity Focused Ultrasound (Hifu) Ablators

  • Magnetic Resonance Guided Focused Ultrasound (Mrgfus) Ablators

  • Others



By Applications




  • Cardiovascular Disease

  • Cancer

  • Ophthalmologic

  • Gynecologic

  • Pain Management

  • Others



By End users




  • Hospitals

  • Specialty clinics

  • Research and Academic Institutes

  • Others



By Geography




  • North America (USA, 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, Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)



Ultrasound Ablators Industry Developments



  • In July 2019, Limbs & Things LTD launched ultrasound guided shoulder injection which helps in treating 4 common sites such as leno humeral Joint, Subdeltoid Bursa, Acromioclavicular Joint, and Biceps Tendon Sheath.

  • In June 2018, Siemens Healthineers launched Acuson Sequoia product having significant featurers such as high resolution imaging without impacting real time performance.


 


  • Ongoing
  • 2021
  • 2018-2020

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