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MarketsandMarkets: Global Ultrasound Devices Market worth $8.1 Billion by 2017
Date:7/3/2012

ve been well accepted by the medical community due to its efficacy and speed. High Intensity Focused Ultrasound (HIFU) is applied in ablation procedures that involve the removal of unwanted biological tissue. The HIFU procedure, which lasts up to 15-20 minutes, has been successfully applied for the removal of uterine fibroids in women and treatment of prostate cancer.  Another type of therapeutic ultrasound technique is used in lithotripsy. Lithotripsy has been used to treat bladder and kidney stones for the past few decades. Initially pneumatic drills were used to break the stones; these lithotripters were powered electrically and used invasively, and hence called intracorporeal lithotripters. The advanced extracorporeal lithotripters, however, use high intensity focused ultrasonic waves to break gall, bladder or kidney stones by rupturing them into small pieces through shockwaves; the pieces then flow out through the urethra or through biliary ducts.

The total medical ultrasound devices market is estimated to be valued at $5.6 billion in 2011 and predicted to reach $8.1 billion by 2017 at a CAGR of 6.2%. The most significant growth for the specialties segment was seen in emergency medicine, anesthesiology and musculoskeletal applications. The demand for point-of-care diagnostics has driven the market for the last 5 years and is expected to be a prime driver for the forecast period.

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