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 latest report is the most recent study that offers 360° coverage of the Therapeutic Ultrasound industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Therapeutic Ultrasound market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
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Competitive Outlook: The leading companies operating in the Therapeutic Ultrasound market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Therapeutic Ultrasound Market and Profiled 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
Objectives of the Report:
Study of the global Therapeutic Ultrasound market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Therapeutic Ultrasound market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Therapeutic Ultrasound market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Therapeutic Ultrasound market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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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
Regional Analysis:
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)
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