PUBLISHER: KBV Research | PRODUCT CODE: 1548745
PUBLISHER: KBV Research | PRODUCT CODE: 1548745
North America High Intensity Focused Ultrasound Market Size, Share & Trends Analysis Report By Application, By Country and Growth Forecast, 2024 - 2031
The North America High Intensity Focused Ultrasound Market would witness market growth of 6.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America High Intensity Focused Ultrasound Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $489.6 million by 2031. The Canada market is exhibiting a CAGR of 8.9% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 8% during (2024 - 2031).
High intensity focused ultrasound (HIFU) is a non-invasive medical procedure that uses focused ultrasound waves to generate high temperatures in targeted tissues. This localized heat destroys or disrupts abnormal tissue. HIFU has found applications in several medical disciplines, each leveraging the technology's unique ability to deliver targeted treatment without requiring surgical incisions. In oncology, HIFU treats solid tumours, including prostate, liver, and pancreatic cancers. By precisely focusing ultrasound waves on cancerous tissues, HIFU induces thermal ablation, which destroys tumour cells while sparing surrounding healthy tissues. This application is particularly valuable for patients who are not suitable candidates for traditional surgery or radiation therapy.
One of the most established applications of HIFU is in the treatment of prostate cancer. HIFU offers a minimally invasive alternative to traditional prostatectomy and radiation therapy, providing targeted treatment with reduced side effects and faster recovery times. Additionally, HIFU is used to manage benign prostatic hyperplasia (BPH) and other urological conditions.
The growth in cancer incidence may lead to the expansion of oncology services across Mexico. Hospitals and clinics could invest in HIFU technology as a non-invasive treatment option, particularly in urban areas where healthcare infrastructure is rapidly developing. According to the All. Can, cancer is the third leading cause of death in Mexico. Over 195,000 new cases were registered in 2020. Breast (29.929), prostate (26.742), thyroid (11,227), colon (11,191), and cervical cancer (9,439) were among those with the highest prevalence. As cancer cases increase, the Mexican government may prioritize funding and initiatives to combat the disease. This could include investments in advanced treatment technologies like HIFU, integrating them into public healthcare facilities to improve cancer care outcomes. In conclusion, increasing incidence of cancer in the region is driving the growth of the market.
Based on Application, the market is segmented into Dermatology, Uterine Fibroids, Prostate Cancer, Essential Tremor, Breast Cancer, Glaucoma, Backpain, Facetogenic, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- EDAP TMS S.A
- Sonablate Corp.
- Verasonics, Inc.
- ALPINION MEDICAL SYSTEMS Co., Ltd.
- Theraclion
- Lynton Lasers Ltd
- ULTRAISER
- PROFOUND MEDICAL CORP.
North America High Intensity Focused Ultrasound Market Report Segmentation
By End Use
- Hospital
- Imaging Centers
- Others
By Application
- Dermatology
- Uterine Fibroids
- Prostate Cancer
- Essential Tremor
- Breast Cancer
- Glaucoma
- Backpain, Facetogenic
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America High Intensity Focused Ultrasound Market, by End Use
- 1.4.2 North America High Intensity Focused Ultrasound Market, by Application
- 1.4.3 North America High Intensity Focused Ultrasound Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. North America High Intensity Focused Ultrasound Market by End Use
- 4.1 North America Hospital Market by Country
- 4.2 North America Imaging Centers Market by Country
- 4.3 North America Others Market by Country
Chapter 5. North America High Intensity Focused Ultrasound Market by Application
- 5.1 North America Dermatology Market by Country
- 5.2 North America Uterine Fibroids Market by Country
- 5.3 North America Prostate Cancer Market by Country
- 5.4 North America Essential Tremor Market by Country
- 5.5 North America Breast Cancer Market by Country
- 5.6 North America Glaucoma Market by Country
- 5.7 North America Backpain, Facetogenic Market by Country
- 5.8 North America Others Market by Country
Chapter 6. North America High Intensity Focused Ultrasound Market by Country
- 6.1 US High Intensity Focused Ultrasound Market
- 6.1.1 US High Intensity Focused Ultrasound Market by End Use
- 6.1.2 US High Intensity Focused Ultrasound Market by Application
- 6.2 Canada High Intensity Focused Ultrasound Market
- 6.2.1 Canada High Intensity Focused Ultrasound Market by End Use
- 6.2.2 Canada High Intensity Focused Ultrasound Market by Application
- 6.3 Mexico High Intensity Focused Ultrasound Market
- 6.3.1 Mexico High Intensity Focused Ultrasound Market by End Use
- 6.3.2 Mexico High Intensity Focused Ultrasound Market by Application
- 6.4 Rest of North America High Intensity Focused Ultrasound Market
- 6.4.1 Rest of North America High Intensity Focused Ultrasound Market by End Use
- 6.4.2 Rest of North America High Intensity Focused Ultrasound Market by Application
Chapter 7. Company Profiles
- 7.1 EDAP TMS S.A
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.2 Sonablate Corp.
- 7.2.1 Company Overview
- 7.3 Verasonics, Inc.
- 7.3.1 Company Overview
- 7.4 ALPINION MEDICAL SYSTEMS Co., Ltd.
- 7.4.1 Company Overview
- 7.5 Theraclion
- 7.5.1 Company Overview
- 7.6 Lynton Lasers Ltd
- 7.6.1 Company Overview
- 7.7 ULTRAISER
- 7.7.1 Company Overview
- 7.8 Profound Medical Corp.
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
LIST OF TABLES
- TABLE 1 North America High Intensity Focused Ultrasound Market, 2020 - 2023, USD Million
- TABLE 2 North America High Intensity Focused Ultrasound Market, 2024 - 2031, USD Million
- TABLE 3 North America High Intensity Focused Ultrasound Market by End Use, 2020 - 2023, USD Million
- TABLE 4 North America High Intensity Focused Ultrasound Market by End Use, 2024 - 2031, USD Million
- TABLE 5 North America Hospital Market by Country, 2020 - 2023, USD Million
- TABLE 6 North America Hospital Market by Country, 2024 - 2031, USD Million
- TABLE 7 North America Imaging Centers Market by Country, 2020 - 2023, USD Million
- TABLE 8 North America Imaging Centers Market by Country, 2024 - 2031, USD Million
- TABLE 9 North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 10 North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 11 North America High Intensity Focused Ultrasound Market by Application, 2020 - 2023, USD Million
- TABLE 12 North America High Intensity Focused Ultrasound Market by Application, 2024 - 2031, USD Million
- TABLE 13 North America Dermatology Market by Country, 2020 - 2023, USD Million
- TABLE 14 North America Dermatology Market by Country, 2024 - 2031, USD Million
- TABLE 15 North America Uterine Fibroids Market by Country, 2020 - 2023, USD Million
- TABLE 16 North America Uterine Fibroids Market by Country, 2024 - 2031, USD Million
- TABLE 17 North America Prostate Cancer Market by Country, 2020 - 2023, USD Million
- TABLE 18 North America Prostate Cancer Market by Country, 2024 - 2031, USD Million
- TABLE 19 North America Essential Tremor Market by Country, 2020 - 2023, USD Million
- TABLE 20 North America Essential Tremor Market by Country, 2024 - 2031, USD Million
- TABLE 21 North America Breast Cancer Market by Country, 2020 - 2023, USD Million
- TABLE 22 North America Breast Cancer Market by Country, 2024 - 2031, USD Million
- TABLE 23 North America Glaucoma Market by Country, 2020 - 2023, USD Million
- TABLE 24 North America Glaucoma Market by Country, 2024 - 2031, USD Million
- TABLE 25 North America Backpain, Facetogenic Market by Country, 2020 - 2023, USD Million
- TABLE 26 North America Backpain, Facetogenic Market by Country, 2024 - 2031, USD Million
- TABLE 27 North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 28 North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 29 North America High Intensity Focused Ultrasound Market by Country, 2020 - 2023, USD Million
- TABLE 30 North America High Intensity Focused Ultrasound Market by Country, 2024 - 2031, USD Million
- TABLE 31 US High Intensity Focused Ultrasound Market, 2020 - 2023, USD Million
- TABLE 32 US High Intensity Focused Ultrasound Market, 2024 - 2031, USD Million
- TABLE 33 US High Intensity Focused Ultrasound Market by End Use, 2020 - 2023, USD Million
- TABLE 34 US High Intensity Focused Ultrasound Market by End Use, 2024 - 2031, USD Million
- TABLE 35 US High Intensity Focused Ultrasound Market by Application, 2020 - 2023, USD Million
- TABLE 36 US High Intensity Focused Ultrasound Market by Application, 2024 - 2031, USD Million
- TABLE 37 Canada High Intensity Focused Ultrasound Market, 2020 - 2023, USD Million
- TABLE 38 Canada High Intensity Focused Ultrasound Market, 2024 - 2031, USD Million
- TABLE 39 Canada High Intensity Focused Ultrasound Market by End Use, 2020 - 2023, USD Million
- TABLE 40 Canada High Intensity Focused Ultrasound Market by End Use, 2024 - 2031, USD Million
- TABLE 41 Canada High Intensity Focused Ultrasound Market by Application, 2020 - 2023, USD Million
- TABLE 42 Canada High Intensity Focused Ultrasound Market by Application, 2024 - 2031, USD Million
- TABLE 43 Mexico High Intensity Focused Ultrasound Market, 2020 - 2023, USD Million
- TABLE 44 Mexico High Intensity Focused Ultrasound Market, 2024 - 2031, USD Million
- TABLE 45 Mexico High Intensity Focused Ultrasound Market by End Use, 2020 - 2023, USD Million
- TABLE 46 Mexico High Intensity Focused Ultrasound Market by End Use, 2024 - 2031, USD Million
- TABLE 47 Mexico High Intensity Focused Ultrasound Market by Application, 2020 - 2023, USD Million
- TABLE 48 Mexico High Intensity Focused Ultrasound Market by Application, 2024 - 2031, USD Million
- TABLE 49 Rest of North America High Intensity Focused Ultrasound Market, 2020 - 2023, USD Million
- TABLE 50 Rest of North America High Intensity Focused Ultrasound Market, 2024 - 2031, USD Million
- TABLE 51 Rest of North America High Intensity Focused Ultrasound Market by End Use, 2020 - 2023, USD Million
- TABLE 52 Rest of North America High Intensity Focused Ultrasound Market by End Use, 2024 - 2031, USD Million
- TABLE 53 Rest of North America High Intensity Focused Ultrasound Market by Application, 2020 - 2023, USD Million
- TABLE 54 Rest of North America High Intensity Focused Ultrasound Market by Application, 2024 - 2031, USD Million
- TABLE 55 Key Information - EDAP TMS S.A
- TABLE 56 Key Information - Sonablate Corp.
- TABLE 57 Key Information - Verasonics, Inc.
- TABLE 58 Key Information - ALPINION MEDICAL SYSTEMS Co., Ltd.
- TABLE 59 Key Information - Theraclion
- TABLE 60 Key Information - Lynton Lasers Ltd
- TABLE 61 Key Information - ULTRAISER
- TABLE 62 Key Information - Profound Medical Corp.
