Global high-intensity focused ultrasound (HIFU) market is estimated to be valued at US$ 112.7 million in 2023 and is expected to exhibit a CAGR of 7.16% during the forecast period (2023-2030). Increase in company partnerships and collaboration between market players is expected to drive the market words over forecast period. Moreover increase in number of product approvals by regulatory authorities is expected to drive the market growth.
Figure 1. Global High Intensity Focused Ultrasound (HIFU) Market Share (%), By Imaging Technology, 2023
Market- Trends
Magnetic resonance imaging- HIFU segment is expected to dominate due to increasing R&D activities.
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