Therapeutic Ultrasound

Therapeutic Ultrasound Market Research Report: Forecast (2023-2028)

By Technology (High Intensity Focused Ultrasound, Extracorporeal Shockwave Lithotripsy), By Application (Physical Therapy, Cancer, Gynecology & Obstetrics, Cardiovascular Disorders, Urinary Disorders, Read more

  • Healthcare
  • Dec 2022
  • 193
  • HC10254

Market Definition

Ultrasound physical therapy is a branch of ultrasound, alongside diagnostic ultrasound and pregnancy imaging. Therapeutic ultrasound offers the detection and treatment of various musculoskeletal issues, including pain, tissue injury, and muscle spasms, using non-thermal effects and deep heating effects.

Market Insights

The Global Therapeutic Ultrasound Market is projected to grow at a CAGR of around 4.6% during the forecast period, i.e., 2023-28. The market is predominantly driven by the progressing technological advances in therapeutic ultrasound imaging resulting in extensive application in physical therapy, cancer, gynecology & obstetrics, cardiovascular disorders, and urinary disorders, among others. Besides, access to easy medical reimbursements for diagnostic and therapeutic ultrasound procedures has further exemplified the adoption rate by the end-users. Further, the rising prevalence of abdominal disorders accompanying cardiovascular and respiratory diseases has brought a swift augmentation for highly non-invasive or minimally invasive therapies such as high-intensity focused ultrasound (HIFU). Such treatment has witnessed speedy adoption in a bid to ensure minimized harm to patients while making the surface of the target organ go unscarred.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 4.6%
Regions Covered North America: US, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Rest of Asia-Pacific
South America: Brazil, Argentina
Middle East & Africa: The UAE, Saudi Arabia, South Africa, Turkey, Rest of MEA
Key Companies Profiled Analogic Corporation, Canon Medical Medical Systems Corporation, Dornier MedTech, EDAP TMS, Europe GmbH, General Electric, InSightec, Philips Healthcare, Shenzhen Huikang Medical Apparatus Co., Ltd, Siemens Healthcare, Sonablate, Others.
Unit Denominations USD Million/Billion

 

Key Trends in the Global Therapeutic Ultrasound Market

  • The Clinical Development and Acceptance of Ultrasound therapy in Numerous Applications

Therapeutic ultrasound gained traction soon after it got clinical acceptability, unlike a decade ago when ultrasound imaging systems were not generally accessible. A few of its application includes shock wave therapy, lithotripsy, tumor ablation, site-specific and ultrasound-mediated medication administration, Sonothrombolysis, and acoustic hemostasis, among others. Studies have found that ultrasound enables the dissolving of thrombus in blood vessels, responsible for causing a heart attack, pulmonary embolism, or Deep Vein Thrombosis (DVT) with the integration of an ultrasonic transducer and microbubble contrast agents.

Additionally, ultrasound boosts the capacity of cancer medications to cross the blood-brain barrier and deliver them to the intended organs. These benefits have paved the way for smoother and faster incorporation of ultrasound therapy in numerous applications, thereby strengthening the presence of respective medical device manufactures.

Market Segmentation

Based On Application,

  • Physical Therapy
  • Cancer
  • Gynecology & Obstetrics
  • Cardiovascular Disorders
  • Urinary Disorders
  • Others

Here, Physical Therapy is anticipated to dominate the Global Therapeutic Ultrasound Market during the forecast period. It is primarily because, Physical Therapists widely recommend therapeutic ultrasound for specific soft-tissue injuries, including muscle strains and tears, ligament injuries, and joint pain. In fact, in a few instances, it has shown a sign of a cure for chronic pain. A condition of hyperemia develops when injured tissues' temperature ranges between 40–45°C, resulting in a therapeutic impact. Thus, with its ability to boost the temperature of certain tissues, therapeutic ultrasound has found application in chronic disease prevention. Medical professionals find ultrasound extremely useful in analyzing targeted treatment spots with a better interior view Backed by these aspects, these types of treatment have witnessed comprehensive adoption, thereby positively influencing the market players to bring forward more advanced and minimally invasive variants within the category.

Based on Technology,

  • High Intensity Focused Ultrasound
  • Extracorporeal Shockwave Lithotripsy

Between the two, The High-Intensity Focused Ultrasound segment acquired a lion’s share in the Global Therapeutic Ultrasound Market during the forecast period. It owes principally to the increasing prevalence of prostate cancer. According to The National Engineering Research Center of Ultrasound Medicine, the number of cases treated with ultrasound-guided HIFU in 235 clinical centers across 29 countries amounts to 175,769 between 2010 to 2020.

Chongqing Haifu Hospital has performed 6,032 HIFU ablation procedures, and with this, ranked the third in the world in terms of the cumulative total number of HIFU cases and the third in the number of HIFU cases in 2020 alone, cites International Society of Minimally Invasive and Virtual Surgery. Being a novel and non-invasive treatment for prostate cancer, the adoption of High-Intensity Focused Ultrasound (HIFU) is likely to expand in the coming years. For instance,

  • Chongqing’s medical engineering company, Haifu Medical Technology Co. Ltd. developed a high-intensity focused ultrasound (HIFU) therapeutic system. This was donated to the China-Dominica high-intensity focused ultrasound (HIFU) therapeutic system Friendship Hospital in Roseau, Commonwealth of Dominica on March 18, 2022.

Regional Projection

Geographically, the Global Therapeutic Ultrasound Market expands across:

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

On the geographical front, North America is expected to acquire the leading position with the largest revenue share during 2023-28. The dominance largely attributes to the robust presence of prominent players such as Fujifilm Europe GmbH, General Electric, Philips Healthcare, and Siemens Healthcare across the region. These market behemoths are determined to bring innovative technologies such as high-intensity focused ultrasound and Extracorporeal Shockwave Lithotripsy, owing to substantial investment in the healthcare ecosystem across the region. Moreover, with an alarming rise in the prevalence of chronic diseases such as obesity, and diabetes leading to strokes, the prerequisite to bring more effective prevention and cure technique paired with devices have surged in the past few years.

According to the Centers for Disease Control and Prevention (CDC), in the U.S., nearly 6 in 10 people suffer from one or more chronic diseases, and approximately 38% of deaths are only due to these chronic diseases with Heart attack, cancer, and lung diseases are the prominent ones. Since ultrasound aids in the early detection of disease or infection existing in the body, leading to timely treatment. Perhaps It why it is of paramount importance to keep abreast of the latest innovations entering the Ultrasound space.

Recent Developments in the Global Therapeutic Ultrasound Market

  • At ECR 2022, FUJIFILM introduced two new variants of the ARIETTA DeepInsight ultrasound series, named Arietta 850 DeepInsight and Arietta 650 DeepInsight, exhibiting the first-time inclusion of the company's DeepInsight cognitive ultrasound technology, designed to downsize variability in scans and enable more accurate analysis. These latest variants also feature technologies such as real-time tissue elastography for color-coding tissue and shear-wave measurement for estimating tissue stiffness.
  • In May 2022, UVA Health and the Charlottesville-based Focused Ultrasound Center announced the launch of the Focused Ultrasound Cancer Immunotherapy Center. It is the world’s first center dedicated to advancing a focused ultrasound and cancer immunotherapy treatment approach aiming to revolutionize 21st-century cancer care.

Key Questions Answered in the Market Research Report:

  1. What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the Global Therapeutic Ultrasound Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Therapeutic Ultrasound Market?
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Therapeutic Ultrasound Market based on the competitive benchmarking matrix?
  5. What are the key results derived from surveys conducted during the Global Therapeutic Ultrasound Market study?

Frequently Asked Questions

A. The Therapeutic Ultrasound Market is projected to grow at a CAGR of around 4.6% during 2023-28.

A. The rising prevalence of various musculoskeletal issues is the prominent factor likely to drive the Therapeutic Ultrasound Market during 2023-28.

A. The prominent players in the Therapeutic Ultrasound Market are Analogic Corporation, Canon Medical Medical Systems Corporation, Dornier MedTech, EDAP TMS, Europe GmbH, General Electric, InSightec, Philips Healthcare, Shenzhen Huikang Medical Apparatus Co., Ltd, Siemens Healthcare, Sonablate, Others.

A. Physical Therapy is anticipated to emerge as an area of remunerative opportunities for the leading players in the Therapeutic Ultrasound Market during the forecast period.

A. Globally, North America would provide lucrative prospects for the Therapeutic Ultrasound Market in the years ahead.

A. The clinical development and acceptance of ultrasound therapy in numerous applications are the latest tends shaping the growth of the Therapeutic Ultrasound Market during 2023-28.

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Global Therapeutic Ultrasound Market Regulations & Policies
  5. Global Therapeutic Ultrasound Market Trends & Insights
  6. Global Therapeutic Ultrasound Market Dynamics
    1. Growth Drivers
    2. Challenges
  7. Global Therapeutic Ultrasound Market Hotspot & Opportunities
  8. Global Therapeutic Ultrasound Market Outlook, 2018- 2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Technology
        1. High Intensity Focused Ultrasound
        2. Extracorporeal Shockwave Lithotripsy
      2. By Application
        1. Physical Therapy
        2. Cancer
        3. Gynecology & Obstetrics
        4. Cardiovascular Disorders
        5. Urinary Disorders
        6. Others
      3. By End User
        1. Hospitals
        2. Clinics
        3. Diagnostic Centers
        4. Ambulatory Surgical Centers
        5. Others
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. The Middle East & Africa
        5. Asia-Pacific
      5. By Company
        1. Competition Characteristics
        2. Revenue Shares
  9. North America Therapeutic Ultrasound Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Technology
      2. By Application
      3. By End User
      4. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
    4. Canada Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
    5. The Mexico Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
  10. South America Therapeutic Ultrasound Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Technology
      2. By Application
      3. By End User
      4. By Country
        1. Brazil
        2. Argentina
    3. Brazil Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
    4. Argentina Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
  11. Europe Therapeutic Ultrasound Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Technology
      2. By Application
      3. By End User
      4. By Country
        1. The UK
        2. Italy
        3. Germany
        4. France
        5. Spain
        6. Others
    3. The UK Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
    4. Italy Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
    5. Germany Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
    6. France Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
    7. Spain Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
  12. The Middle East & Africa Therapeutic Ultrasound Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Technology
      2. By Application
      3. By End User
      4. By Country
        1. Saudi Arabia
        2. The UAE
        3. Turkey
        4. South Africa
        5. Rest of the Middle East & Africa
    3. Saudi Arabia Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
    4. The UAE Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
    5. Turkey Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
    6. South Africa Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
  13. Asia-Pacific Therapeutic Ultrasound Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Technology
      2. By Application
      3. By End User
      4. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Others
    3. China Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
    4. Japan Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
    5. India Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
    6. South Korea Therapeutic Ultrasound Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
  14. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Research & Development
      4. Strategic Alliances
      5. Strategic Initiatives
    2. Company Profiles (Business Description, Solutions Offered, Business Segments, Financials, Future Plans)
      1. Analogic Corporation
      2. Canon Medical Systems Corporation
      3. Dornier MedTech
      4. EDAP TMS
      5. Fujifilm Europe GmbH
      6. General Electric
      7. InSightec
      8. Philips Healthcare
      9. Shenzhen Huikang Medical Apparatus Co., Ltd
      10. Siemens Healthcare
      11. Sonablate
      12. Others
  15. Disclaimer

 

Therapeutic Ultrasound Market Segmentation Slide