Sonablate

Sonablate Overview

Company Headquarters: North Carolina, US

Founded: 2004

Workforce: ~117

Company Working: Sonablate designs and manufactures HIFU surgical ablation systems that offer physicians and patients both clinical effectiveness and quality-of-life interventions. It also offers laparoscopic invasive hhigh-intensityfocused ultrasound (HIFU) surgical ablation system, fully integrated multi-transducer technology, and ultrasound-based imaging and assessment technology. The company is a leader in the development and advancement of minimally invasive HIFU technology. It is a global leader in HIFU therapies, with over 15,000 patient procedures completed and regulatory clearance in over 50 countries around the globe.

Strategy

Sonablate is focusing mainly on ultrasound-related technologies that support precise and innovative procedures for the treatment of a range of medical conditions. It is also focusing on launching its products in new markets to generate more revenue and gain a customer base.

Company Snapshot

117

Employees

2004

Founded

North Carolina, US

Headquarters

SWOT Analysis

Strengths

Global leader in HIFU therapies
High level of customer satisfaction
Worldwide presence of the company

Weaknesses

Less focus on emerging economies

Opportunities

Growing target patient population
Investment in mergers & acquisitions

Threats

Increasing stringency of regulations

Key Developments

Date	Approach	Development
July 2020	Product Approval	Sonablate (US) received regulatory approval from the National Medical Products Administration (NMPA), formerly known as the Chinese FDA, for the Sonablate HIFU device for use in the treatment of prostate cancer and benign prostatic hypertrophy (BPH).

Product Offering

Sonablate
- Tumor Ablation

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