Therapeutic Ultrasound Market Trends, Growth Factors, Revenue Analysis, For 2021–2030
According to the most recent report by Emergen Research, the worldwide therapeutic ultrasound market size is anticipated to reach USD 4.07 billion in 2030, with a consistent revenue CAGR of 8.5%. Technology development, an increase in ultrasound operations, and an increase in the prevalence of chronic diseases are the main drivers of market revenue growth. For instance, Iota Biosciences, based in Berkley, California, is revolutionising the implantable market by using ultrasound to power their tiny neurostimulation devices rather than batteries or electromagnetic waves. The company has created a millimeter-sized platform of neural dust for ultrasonic therapy, which treats a variety of neurological issues like inflammation, motor abnormalities, and cognitive loss. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been...
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