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 sheds light on details about every market player in the global Therapeutic Ultrasound Market along with its global status, product portfolio financial standing, and business expansion plan and license agreement. The key players in the market are adopting various key strategies such as mergers and acquisitions, partnerships, joint ventures, collaborations and product launches to strengthen their market position and enhance their product base.
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
Emergen Research has segmented the global Therapeutic Ultrasound market on the basis of type, application, end-use, and region:
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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