Ultrasonic tissue ablation system market is segmented on the basis of product, application, end user, and region. According to product, the market is categorized into high-intensity focused ultrasonic (HIFU) ablators, magnetic resonance-guided focused ultrasonic (MRGFUS) ablators, ultrasonic surgical ablation systems, and shock wave therapy systems. Applications covered in the study include cardiac disease, cancer, pain management, gynecology, urology, orthopedic, and others. By end user, the market is classified into hospital, ambulatory surgical centers (ASCs), clinics, specialty care unit, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
List of Key Players
The key players operating in this market include Ethicon, Inc., Misonix Inc., SonaCare Medical, LLC, INSIGHTEC Ltd, Integra LifeSciences Corporation, Alpinion Medical Systems Co., Ltd., Chongqing Haifu Medical Technology Co. Ltd, Shanghai A&S Co., Ltd, Mianyang Sonic Electronic Ltd., and Theraclion.
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However, high cost of this treatment and lack of awareness about the devices used for tissue ablation restrain the market growth. Ongoing R&D activities performed to develop advanced ultrasonic tissue ablation systems is expected to provide opportunities for the market growth.
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The factors that drive the growth of the ultrasonic tissue ablation system market include increase in incidence of cardiac diseases, rise in demand for minimally invasive treatments, growth in prevalence of chronic pain & cancer, increase in geriatric population globally, technological advancements in ablation process, and development of healthcare infrastructure.
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