According to the most recent report by Emergen Research, the worldwide therapeutic ultrasound market size is anticipated to reach USD 4.07 billion in 2030, with a consistent revenue CAGR of 8.5%. Technology development, an increase in ultrasound operations, and an increase in the prevalence of chronic diseases are the main drivers of market revenue growth. For instance, Iota Biosciences, based in Berkley, California, is revolutionising the implantable market by using ultrasound to power their tiny neurostimulation devices rather than batteries or electromagnetic waves. The company has created a millimeter-sized platform of neural dust for ultrasonic therapy, which treats a variety of neurological issues like inflammation, motor abnormalities, and cognitive loss.
The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Therapeutic Ultrasound market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Therapeutic Ultrasound market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Dornier MedTech, EDAP TMS, Philips Healthcare, InSightec, Sonablate, Siemens Healthcare GmbH, Shenzhen Huikang Medical Apparatus Co., Ltd. , Canon Medical Systems Corporation, Fujifilm Europe GmbH, and General Electric
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Emergen Research has segmented the global Therapeutic Ultrasound market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Technology Outlook (Revenue, USD Million; 2019–2030)
- High Intensity Focused Ultrasound
- Extracorporeal Shockwave Lithotripsy
End-Use Outlook (Revenue, USD Million; 2019–2030)
- Hospitals
- Clinics
- Diagnostic Centers
- Ambulatory Surgical Centers
- Others
Application Outlook (Revenue, USD Million; 2019–2030)
- Physical Therapy
- Cancer
- Gynecology & Obstetrics
- Cardiovascular Disorders
- Urinary Disorders
- Others
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Therapeutic Ultrasound Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Therapeutic Ultrasound Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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