High Intensity Focused Ultrasound also referred to as “HIFU” therapy is novel, non-invasive technology which has immense potential of tumor ablation and targeted drug/gene delivery. It can kill cancer cells with high frequency sound waves. This therapy can treat single cell tumor or a part of large tumor but not the wide spread tumors. HIFU technology is broadly used in oncology because of its non-invasive, low complications rates as well as sharp treatment margins. According to Renub research new report, Global High intensity focused ultrasound (HIFU) Market will be US$ 548.6 Million by 2026.
Surging prevalence of various types of cancers like primary and secondary liver cancer, pancreatic cancer, prostate, kidney cancer, and bladder cancer will further give traction to this market. The uses of the technology in combination of diagnostic modalities and other therapeutic say robotic surgery, molecular imaging, drug/gene delivery will further boost and have a revolutionary clinical impact during the forecast time frame.
As per the American Cancer Society, in 2016, the United States had more than 161,360 new cases of prostate cancer has occurred. Rising medical technology, as well as its applications used in the treatment of the neurological disorder, cosmetic medicine, uterine fibroids and others, has propelled the market growth. The surge in awareness for early disease diagnosis and favorable regulatory scenario towards HIFU devices is boosting the market growth as well as limitations associated with HIFU technology and a dearth of skilled professionals hindering the market growth.
Renub Research report titled “High Intensity Focused Ultrasound Market by Application (Prostate Cancer, Neurological Disorder, Cosmetic Medicine, Uterine Fibroids), Regulatory Approval of Companies & Insurance Coverage in the United States, Company (EDAP TMS, Sonacare Medical, Haifu, Insightec , Theraclion, Alpinion , Shanghai A&S Co., LTD, Eye Tech Care, FUS Instruments, Image Guided Therapy, Philips Healthcare, Profound Medical Corp, Promedica Bioelectronics, Shenzhen Wikkon, Sonic Concepts, Verasonics, Changjiangyuan Technology Development Co., Ltd)” provides an all-encompassing analysis of the HIFU Companies Products.
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