Global MRI Guided Focused Ultrasound Device Market Growth 2025-2031

The global MRI Guided Focused Ultrasound Device market size is predicted to grow from US$ 1107 million in 2025 to US$ 1745 million in 2031; it is expected to grow at a CAGR of 7.9% from 2025 to 2031.

Magnetic resonance image-guided focused ultrasound system (MRgFUS) is a therapy delivery system used for non-invasive thermal ablation surgery. It is a revolutionary technology that offers high intensity focused ultrasound guided by magnetic resonance imaging technology. This technology offers real-time monitoring, target definition, treatment planning and energy deposition for targeted tissue ablation without damaging surrounding normal tissue. The system is integrated with software that connects the imaging and the therapy system, through which the operator can generate the treatment plan. This surgery is often performed on an outpatient base without administering general anesthesia. In July 2016, the U.S. FDA approved first focused ultrasound devices i.e. ExAblate Neuro, which would be useful to treat essential tremor in patients who do not respond to medication.

According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.

LP Information, Inc. (LPI) ' newest research report, the “MRI Guided Focused Ultrasound Device Industry Forecast” looks at past sales and reviews total world MRI Guided Focused Ultrasound Device sales in 2024, providing a comprehensive analysis by region and market sector of projected MRI Guided Focused Ultrasound Device sales for 2025 through 2031. With MRI Guided Focused Ultrasound Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world MRI Guided Focused Ultrasound Device industry.

This Insight Report provides a comprehensive analysis of the global MRI Guided Focused Ultrasound Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on MRI Guided Focused Ultrasound Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global MRI Guided Focused Ultrasound Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for MRI Guided Focused Ultrasound Device and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global MRI Guided Focused Ultrasound Device.

This report presents a comprehensive overview, market shares, and growth opportunities of MRI Guided Focused Ultrasound Device market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Prostate Cancer
Uterine Fibrosis
Breast Cancer
Liver Cancer
Bone Metastases
Others

Segmentation by Application:
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Insightec
Profound Medical
EpiSonica
Alpinion Medical Systems
Shenzhen Huikang Medical Apparatus
Theraclion
Monteris Medical
Eye Tech Care
Philips
Medtronic
SonaCare Medical
EDAP TMS
Beijing Yuande Bio-Medical Engineering
Wuxi Haiying Medical

Key Questions Addressed in this Report

What is the 10-year outlook for the global MRI Guided Focused Ultrasound Device market?

What factors are driving MRI Guided Focused Ultrasound Device market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do MRI Guided Focused Ultrasound Device market opportunities vary by end market size?

How does MRI Guided Focused Ultrasound Device break out by Type, by Application?

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