PUBLISHER: KBV Research | PRODUCT CODE: 1548748
PUBLISHER: KBV Research | PRODUCT CODE: 1548748
LAMEA High Intensity Focused Ultrasound Market Size, Share & Trends Analysis Report By Application, By Country and Growth Forecast, 2024 - 2031
The Latin America, Middle East and Africa High Intensity Focused Ultrasound Market would witness market growth of 9.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA 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 $36.1 million by 2031. The Argentina market is capturing a CAGR of 10.9% during (2024 - 2031). Additionally, The UAE would register a CAGR of 8.6% during (2024 - 2031).
The expansion of insurance coverage for HIFU procedures has facilitated its adoption. As more insurance plans include HIFU, it becomes a more accessible option for patients. Endorsements from medical professionals and clinical guidelines recommending HIFU for specific conditions have bolstered its adoption. Positive recommendations from experts enhance trust in the technology and encourage its use.
There is a growing trend towards integrating HIFU with advanced imaging technologies, such as MRI and real-time ultrasound. This integration enhances treatment precision by providing detailed visualization of target tissues and allowing for more accurate energy delivery. Also, the increasing demand for non-surgical cosmetic procedures is driving the adoption of HIFU in dermatology. Due to its non-invasive nature and effective results, HIFU is becoming a preferred option for skin tightening, facial lifting, and wrinkle reduction.
According to the International Trade Administration (ITA), in the UAE's 2022 federal budget, a total of USD 15.8 billion (AED 58.931 billion) was approved for public spending, of which 8.4% is dedicated to healthcare. Furthermore, the UAE government has designated healthcare as a priority sector in its Vision 2040, and the country will remain an appealing location for establishing a regional distribution center for healthcare services. The UAE's investment in high-quality healthcare infrastructure can boost medical tourism, attracting international patients seeking advanced treatments like HIFU. This growth can establish the UAE as a leading destination for non-invasive treatments. Therefore, the increasing healthcare sector 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.
LAMEA 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA High Intensity Focused Ultrasound Market, by End Use
- 1.4.2 LAMEA High Intensity Focused Ultrasound Market, by Application
- 1.4.3 LAMEA 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. LAMEA High Intensity Focused Ultrasound Market by End Use
- 4.1 LAMEA Hospital Market by Country
- 4.2 LAMEA Imaging Centers Market by Country
- 4.3 LAMEA Others Market by Country
Chapter 5. LAMEA High Intensity Focused Ultrasound Market by Application
- 5.1 LAMEA Dermatology Market by Country
- 5.2 LAMEA Uterine Fibroids Market by Country
- 5.3 LAMEA Prostate Cancer Market by Country
- 5.4 LAMEA Essential Tremor Market by Country
- 5.5 LAMEA Breast Cancer Market by Country
- 5.6 LAMEA Glaucoma Market by Country
- 5.7 LAMEA Backpain, Facetogenic Market by Country
- 5.8 LAMEA Others Market by Country
Chapter 6. LAMEA High Intensity Focused Ultrasound Market by Country
- 6.1 Brazil High Intensity Focused Ultrasound Market
- 6.1.1 Brazil High Intensity Focused Ultrasound Market by End Use
- 6.1.2 Brazil High Intensity Focused Ultrasound Market by Application
- 6.2 Argentina High Intensity Focused Ultrasound Market
- 6.2.1 Argentina High Intensity Focused Ultrasound Market by End Use
- 6.2.2 Argentina High Intensity Focused Ultrasound Market by Application
- 6.3 UAE High Intensity Focused Ultrasound Market
- 6.3.1 UAE High Intensity Focused Ultrasound Market by End Use
- 6.3.2 UAE High Intensity Focused Ultrasound Market by Application
- 6.4 Saudi Arabia High Intensity Focused Ultrasound Market
- 6.4.1 Saudi Arabia High Intensity Focused Ultrasound Market by End Use
- 6.4.2 Saudi Arabia High Intensity Focused Ultrasound Market by Application
- 6.5 South Africa High Intensity Focused Ultrasound Market
- 6.5.1 South Africa High Intensity Focused Ultrasound Market by End Use
- 6.5.2 South Africa High Intensity Focused Ultrasound Market by Application
- 6.6 Nigeria High Intensity Focused Ultrasound Market
- 6.6.1 Nigeria High Intensity Focused Ultrasound Market by End Use
- 6.6.2 Nigeria High Intensity Focused Ultrasound Market by Application
- 6.7 Rest of LAMEA High Intensity Focused Ultrasound Market
- 6.7.1 Rest of LAMEA High Intensity Focused Ultrasound Market by End Use
- 6.7.2 Rest of LAMEA 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 LAMEA High Intensity Focused Ultrasound Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA High Intensity Focused Ultrasound Market, 2024 - 2031, USD Million
- TABLE 3 LAMEA High Intensity Focused Ultrasound Market by End Use, 2020 - 2023, USD Million
- TABLE 4 LAMEA High Intensity Focused Ultrasound Market by End Use, 2024 - 2031, USD Million
- TABLE 5 LAMEA Hospital Market by Country, 2020 - 2023, USD Million
- TABLE 6 LAMEA Hospital Market by Country, 2024 - 2031, USD Million
- TABLE 7 LAMEA Imaging Centers Market by Country, 2020 - 2023, USD Million
- TABLE 8 LAMEA Imaging Centers Market by Country, 2024 - 2031, USD Million
- TABLE 9 LAMEA Others Market by Country, 2020 - 2023, USD Million
- TABLE 10 LAMEA Others Market by Country, 2024 - 2031, USD Million
- TABLE 11 LAMEA High Intensity Focused Ultrasound Market by Application, 2020 - 2023, USD Million
- TABLE 12 LAMEA High Intensity Focused Ultrasound Market by Application, 2024 - 2031, USD Million
- TABLE 13 LAMEA Dermatology Market by Country, 2020 - 2023, USD Million
- TABLE 14 LAMEA Dermatology Market by Country, 2024 - 2031, USD Million
- TABLE 15 LAMEA Uterine Fibroids Market by Country, 2020 - 2023, USD Million
- TABLE 16 LAMEA Uterine Fibroids Market by Country, 2024 - 2031, USD Million
- TABLE 17 LAMEA Prostate Cancer Market by Country, 2020 - 2023, USD Million
- TABLE 18 LAMEA Prostate Cancer Market by Country, 2024 - 2031, USD Million
- TABLE 19 LAMEA Essential Tremor Market by Country, 2020 - 2023, USD Million
- TABLE 20 LAMEA Essential Tremor Market by Country, 2024 - 2031, USD Million
- TABLE 21 LAMEA Breast Cancer Market by Country, 2020 - 2023, USD Million
- TABLE 22 LAMEA Breast Cancer Market by Country, 2024 - 2031, USD Million
- TABLE 23 LAMEA Glaucoma Market by Country, 2020 - 2023, USD Million
- TABLE 24 LAMEA Glaucoma Market by Country, 2024 - 2031, USD Million
- TABLE 25 LAMEA Backpain, Facetogenic Market by Country, 2020 - 2023, USD Million
- TABLE 26 LAMEA Backpain, Facetogenic Market by Country, 2024 - 2031, USD Million
- TABLE 27 LAMEA Others Market by Country, 2020 - 2023, USD Million
- TABLE 28 LAMEA Others Market by Country, 2024 - 2031, USD Million
- TABLE 29 LAMEA High Intensity Focused Ultrasound Market by Country, 2020 - 2023, USD Million
- TABLE 30 LAMEA High Intensity Focused Ultrasound Market by Country, 2024 - 2031, USD Million
- TABLE 31 Brazil High Intensity Focused Ultrasound Market, 2020 - 2023, USD Million
- TABLE 32 Brazil High Intensity Focused Ultrasound Market, 2024 - 2031, USD Million
- TABLE 33 Brazil High Intensity Focused Ultrasound Market by End Use, 2020 - 2023, USD Million
- TABLE 34 Brazil High Intensity Focused Ultrasound Market by End Use, 2024 - 2031, USD Million
- TABLE 35 Brazil High Intensity Focused Ultrasound Market by Application, 2020 - 2023, USD Million
- TABLE 36 Brazil High Intensity Focused Ultrasound Market by Application, 2024 - 2031, USD Million
- TABLE 37 Argentina High Intensity Focused Ultrasound Market, 2020 - 2023, USD Million
- TABLE 38 Argentina High Intensity Focused Ultrasound Market, 2024 - 2031, USD Million
- TABLE 39 Argentina High Intensity Focused Ultrasound Market by End Use, 2020 - 2023, USD Million
- TABLE 40 Argentina High Intensity Focused Ultrasound Market by End Use, 2024 - 2031, USD Million
- TABLE 41 Argentina High Intensity Focused Ultrasound Market by Application, 2020 - 2023, USD Million
- TABLE 42 Argentina High Intensity Focused Ultrasound Market by Application, 2024 - 2031, USD Million
- TABLE 43 UAE High Intensity Focused Ultrasound Market, 2020 - 2023, USD Million
- TABLE 44 UAE High Intensity Focused Ultrasound Market, 2024 - 2031, USD Million
- TABLE 45 UAE High Intensity Focused Ultrasound Market by End Use, 2020 - 2023, USD Million
- TABLE 46 UAE High Intensity Focused Ultrasound Market by End Use, 2024 - 2031, USD Million
- TABLE 47 UAE High Intensity Focused Ultrasound Market by Application, 2020 - 2023, USD Million
- TABLE 48 UAE High Intensity Focused Ultrasound Market by Application, 2024 - 2031, USD Million
- TABLE 49 Saudi Arabia High Intensity Focused Ultrasound Market, 2020 - 2023, USD Million
- TABLE 50 Saudi Arabia High Intensity Focused Ultrasound Market, 2024 - 2031, USD Million
- TABLE 51 Saudi Arabia High Intensity Focused Ultrasound Market by End Use, 2020 - 2023, USD Million
- TABLE 52 Saudi Arabia High Intensity Focused Ultrasound Market by End Use, 2024 - 2031, USD Million
- TABLE 53 Saudi Arabia High Intensity Focused Ultrasound Market by Application, 2020 - 2023, USD Million
- TABLE 54 Saudi Arabia High Intensity Focused Ultrasound Market by Application, 2024 - 2031, USD Million
- TABLE 55 South Africa High Intensity Focused Ultrasound Market, 2020 - 2023, USD Million
- TABLE 56 South Africa High Intensity Focused Ultrasound Market, 2024 - 2031, USD Million
- TABLE 57 South Africa High Intensity Focused Ultrasound Market by End Use, 2020 - 2023, USD Million
- TABLE 58 South Africa High Intensity Focused Ultrasound Market by End Use, 2024 - 2031, USD Million
- TABLE 59 South Africa High Intensity Focused Ultrasound Market by Application, 2020 - 2023, USD Million
- TABLE 60 South Africa High Intensity Focused Ultrasound Market by Application, 2024 - 2031, USD Million
- TABLE 61 Nigeria High Intensity Focused Ultrasound Market, 2020 - 2023, USD Million
- TABLE 62 Nigeria High Intensity Focused Ultrasound Market, 2024 - 2031, USD Million
- TABLE 63 Nigeria High Intensity Focused Ultrasound Market by End Use, 2020 - 2023, USD Million
- TABLE 64 Nigeria High Intensity Focused Ultrasound Market by End Use, 2024 - 2031, USD Million
- TABLE 65 Nigeria High Intensity Focused Ultrasound Market by Application, 2020 - 2023, USD Million
- TABLE 66 Nigeria High Intensity Focused Ultrasound Market by Application, 2024 - 2031, USD Million
- TABLE 67 Rest of LAMEA High Intensity Focused Ultrasound Market, 2020 - 2023, USD Million
- TABLE 68 Rest of LAMEA High Intensity Focused Ultrasound Market, 2024 - 2031, USD Million
- TABLE 69 Rest of LAMEA High Intensity Focused Ultrasound Market by End Use, 2020 - 2023, USD Million
- TABLE 70 Rest of LAMEA High Intensity Focused Ultrasound Market by End Use, 2024 - 2031, USD Million
- TABLE 71 Rest of LAMEA High Intensity Focused Ultrasound Market by Application, 2020 - 2023, USD Million
- TABLE 72 Rest of LAMEA High Intensity Focused Ultrasound Market by Application, 2024 - 2031, USD Million
- TABLE 73 Key Information - EDAP TMS S.A
- TABLE 74 Key Information - Sonablate Corp.
- TABLE 75 Key Information - Verasonics, Inc.
- TABLE 76 Key Information - ALPINION MEDICAL SYSTEMS Co., Ltd.
- TABLE 77 Key Information - Theraclion
- TABLE 78 Key Information - Lynton Lasers Ltd
- TABLE 79 Key Information - ULTRAISER
- TABLE 80 Key Information - Profound Medical Corp.
