Echotherapy Market Size

Echotherapy Market size is expected to reach USD 3 Billion by the end of 2036, growing at a CAGR of 7% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of echotherapy was USD 1 Billion. Worldwide, the prevalence of cancer has increased, surpassing cardiovascular illnesses as the second leading cause of death. For instance, it was predicted that 18.1 million instances of cancer would occur globally in 2020. Of these cases, 9.3 million were attributed to men and 8.8 million to women. This phenomenon is caused by environmental variables such as prolonged post-reproductive lifespan, altered food habits, urbanization, and cigarette smoking. As a result, it is anticipated that the rising prevalence of cancer will lead to a global increase in oncology cancer medications. Furthermore, it is expected that in the upcoming years, the global industry would benefit from the growing public awareness of cancer.

Furthermore, expert choices for treating varicose veins have advanced with the use of echotherapy. It is the only technique that doesn't require an operating room and is completely non-invasive. Being the only method that treats from the outside of the body, it leaves no scars and enables the patient to return to their regular activities immediately. Echotherapy uses therapeutic ultrasound waves, which are the same as those used in an ultrasound examination.