Therapeutic Ultrasound Devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

An ultrasound system utilize sound waves of high frequency to visualize the internal organs and system of the body Therapeutic ultrasound is a kind of therapeutic method that is used to tissue, muscles, joints, tendons, and ligaments during physical therapy. It is mostly utilised to provide deep heat to the body's delicate tissues. Non-thermal effects and deep heating effects are two separate types of therapeutic ultrasound effects. Non-thermal effects, also known as cavitation, aid in the expansion and contraction of tissues, whilst the deep heating process aids in the provision of heat to the body's soft tissues.

MARKET SCOPE

The "Global Therapeutic Ultrasound Devices Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the therapeutic ultrasound devices market with detailed market segmentation by technology, application, end user. The report provides key statistics on the market status of the leading therapeutic ultrasound devices market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on technology the market is segmented as, high intensity focused ultrasound, extracorporeal shockwave lithotripsy.
  
•   Based on application the market is segmented as, cancer, gynecology and obstetrics, cardiovascular disorders, urinary disorders and others.
  
•   Based on End user the market is segmented as, hospitals, clinics, diagnostics centers, ambulatory surgical centers and others.
  

MARKET DYNAMICS
Drivers:

•   Increasing prevalence of various disorders is the key driving factor for the market growth.
  
•   Various technological advancements in ultrasound devices and growing preference for minimally invasive procedures.
  
•   High R&D investments in companies to develop and launch novel ultrasound devices.
  

Restraints:

•   Whereas, high cost of therapeutic ultrasound devices and less awareness about such devices are likely to hamper market growth during the forecast period.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The therapeutic ultrasound devices market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the therapeutic ultrasound devices market in these regions.

IMPACT OF COVID-19 ON THERAPEUTIC ULTRASOUND DEVICES MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

Therapeutic Ultrasound Devices Market Report Analysis

Therapeutic Ultrasound Devices Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• EDAP TMS
• Dornier Medtech
• InSightec
• CANON MEDICAL SYSTEMS CORPORATION
• Koninklijke Philips N.V
• FUJIFILM Healthcare Europe
• Shenzhen Huikang Medical Apparatus Co., Ltd
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd
• General Electric Company

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Technology

• High Intensity Focused Ultrasound
• Extracorporeal Shockwave Lithotripsy

By Application

• Cancer
• Gynecology and Obstetrics
• Cardiovascular Disorders
• Urinary Disorders

By End-User

• Hospitals
• Clinics
• Diagnostic Centers
• Ambulatory Surgical Centers

MARKET PLAYERS

The report covers key developments in the therapeutic ultrasound devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from therapeutic ultrasound devices market are anticipated to lucrative growth opportunities in the future with the rising demand for therapeutic ultrasound devices in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the therapeutic ultrasound devices market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   EDAP TMS
  
•   Dornier Medtech
  
•   InSightec
  
•   CANON MEDICAL SYSTEMS CORPORATION
  
•   Koninklijke Philips N.V
  
•   FUJIFILM Healthcare Europe
  
•   Shenzhen Huikang Medical Apparatus Co., Ltd
  
•   Shenzhen Mindray Bio-Medical Electronics Co., Ltd
  
•   General Electric Company
  
•   Analogic Corporation
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Therapeutic Ultrasound Devices Market Report Scope