Elastography Imaging Market by Modality, Application, End User

Elastography Imaging Market by Modality (Ultrasound, Magnetic Resonance Elastography), Application (Radiology, Cardiology, OB/GYN, Vascular, Orthopedic and Musculoskeletal), End User (Hospital, Surgery Center, Diagnostic Center) - Global Forecast to 2024

Growing incidence of breast cancer and chronic liver diseases is expected to drive the overall growth of the elastography imaging market.

The elastography imaging market size is expected to grow from USD 2.5 billion in 2018 to USD 4.6 billion by 2024, at a compound annual growth rate (CAGR) of 11.0% during the forecast period. The elastography imaging market is growing incidence of breast cancer and chronic liver diseases, and a rising preference for minimally invasive procedures across the globe are the key factors driving the market.

Ultrasound segment is expected to grow at a higher CAGR during the forecast period.

The elastography imaging market, by modality, has been categorized into ultrasound and magnetic resonance elastography, of which the ultrasound segment is the faster-growing segment. Ultrasound imaging involves the imaging of organs by exposing the anatomy to high-frequency sound waves. Ultrasound segment accounted for a larger share of this market. This is because some of the key advantages such as relatively low cost, quicker procedures, and wider availability. Elasticity imaging or elastography through ultrasound elastography (USE) provides complementary information to conventional ultrasound by adding stiffness as another measurable property to current ultrasound imaging techniques.

Europe is projected to hold the largest market share in the year 2018.

Europe is estimated to be the largest regional market for elastography imaging, followed by North America. The large share of this regional segment is attributed to the ongoing clinical research projects in elastography, the early commercialization of these devices in the region, and the significant healthcare expenditure across mature European countries.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the elastography imaging market.

By Company Type: Tier 1: 35%, Tier 2: 45%, and Tier 3: 20%
By Designation: C-level Executives: 35%, Directors: 25%, and Others: 40%
By Region: North America: 45%, Europe: 20%, APAC: 30%, and RoW: 5%

The elastography imaging market comprises major providers such as GE Healthcare (US), Siemens Healthineers (Germany), Philips Healthcare (Netherlands), Canon Medical System Corporation (Japan), Samsung Medison (South Korea), Hitachi Ltd. (Japan), Shenzhen Mindray Bio-Medical Electronics Co. (China), FUJIFILM Holdings Corporation (Japan), Esaote (Italy), SuperSonic Imagine (France), and Resoundant (US).The study includes an in-depth competitive analysis of these key players in the elastography imaging market, along with their company profiles, recent developments, and key market strategies.

Research Coverage:
The market study covers the elastography imaging market across various segments. It aims at estimating the market size and the growth potential of this market across different segments, on the basis of modality, application, end user and region. The study also includes an in-depth competitive analysis of the key players in the market; along with their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall elastography imaging market and its subsegments. This report will help the stakeholders to understand the competitive landscape, to gain more insights to better position their businesses, and to plan suitable go-to-market strategies. The report will also help the stakeholders to understand the pulse of the market and will provide them with information on key market drivers, restraints, challenges, and opportunities.

1 Introduction

1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology

2.1 Research Data
2.1.1 Secondary Sources
2.1.2 Key Data From Secondary Sources
2.1.3 Primary Sources
2.1.3.1 Key Industry Insights
2.1.4 Key Data From Primary Sources
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation

3 Executive Summary

4 Premium Insights

4.1 Elastography Imaging: Market Overview
4.2 Europe: Elastography Imaging Market, By Application (2018)
4.3 Elastography Imaging Market Share, By End User, 2018 vs 2024

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Incidence of Breast Cancer and Chronic Liver Diseases
5.2.1.2 Increasing Demand for Minimally Invasive Procedures
5.2.2 Restraints
5.2.2.1 High Cost of Elastography Imaging Systems
5.2.2.2 Unfavorable Reimbursement Scenario
5.2.3 Opportunities
5.2.3.1 Emerging Markets
5.2.4 Challenges
5.2.4.1 Survival of Small Players and Entry Barriers for New Players

6 Elastography Imaging Market, By Modality

6.1 Introduction
6.2 Ultrasound
6.2.1 Ultrasound Segment Accounted for the Dominant Share of the Elastography Imaging Market in 2018
6.3 Magnetic Resonance Elastography
6.3.1 MRE Can Be Incorporated Into A Standard Mri Examinations to Provide Rapid, Reliable, and Comprehensive Imaging Assessment

7 Elastography Imaging Market, By Application

7.1 Introduction
7.2 Radiology/General Imaging
7.2.1 Radiology/General Imaging is the Largest Application Segment of the Elastography Imaging Market
7.3 Cardiology
7.3.1 Rising Incidence of Cardiac Diseases to Drive Market Growth
7.4 Obstetrics/Gynecology
7.4.1 Stringent Government Regulations Governing the Obstetric Use of Ultrasound Devices to Restrain Market Growth
7.5 Urology
7.5.1 Rising Incidence of Prostate Cancer to Drive Market Growth
7.6 Vascular
7.6.1 Rising Incidence of Vascular Disorders Coupled With the Greater Adoption of Vascular Ultrasound for Disease Diagnosis to Support Market Growth
7.7 Orthopedic & Musculoskeletal Applications
7.7.1 Lack of Skilled Sonographers for Imaging Musculoskeletal-Based Disorders to Challenge Market Growth
7.8 Other Applications

8 Elastography Imaging Market, By End User

8.1 Introduction
8.2 Hospitals, Surgical Centers, & Diagnostic Centers
8.2.1 Hospitals, Surgical Centers, & Diagnostic Centers are the Largest End Users of the Elastography Imaging Market
8.3 Ambulatory Surgical Centers
8.3.1 Increasing Number of Image-Guided Surgeries Performed in the Ascs is A Key Factor Driving Market Growth
8.4 Other End Users
8.4.1 Growing Number of Industry-Academia Collaborations Likely to Drive the Other End Users Market

9 Elastography Imaging Market, By Region

9.1 Introduction
9.2 Europe
9.2.1 Europe is Expected to Dominate the Global Elastography Imaging Market During the Forecast Period
9.2.2 Germany
9.2.2.1 Germany Accounted for the Largest Share in the European Elastography Imaging Market
9.2.3 France
9.2.3.1 Need for Early Cancer Detection is A Key Factor Driving Market Growth in France
9.2.4 UK
9.2.4.1 The Increasing Proportion of Geriatric Individuals Will Contribute to Market Growth
9.2.5 Rest of Europe
9.3 North America
9.3.1 Rising Preference to Minimally Invasive Procedure to Drive This Market
9.3.2 US
9.3.2.1 US Expected to Hold the Largest Share of the North American Market in the Forecast Period
9.3.3 Canada
9.3.3.1 Increasing Incidence of Breast Cancer and Government Initiatives for Breast Cancer Awareness to Drive Market Growth in Canada
9.4 Asia Pacific
9.4.1 High Focus on Healthcare Modernization Will Create Growth Opportunities
9.5 Rest of the World

10 Competitive Landscape

10.1 Introduction
10.1.1 Vanguards
10.1.2 Innovators
10.1.3 Dynamic Differentiators
10.1.4 Emerging
10.2 Market Ranking Analysis, 2017
10.3 Competitive Situation and Trends
10.3.1 Product Launches
10.3.2 Expansions
10.3.3 Partnerships
10.3.4 Acquisitions

11 Company Profiles

11.1 General Electric Company
11.2 Koninklijke Philips N.V.
11.3 Siemens AG
11.4 Canon Medical Systems Corporation
11.5 Hitachi Ltd.
11.6 Samsung Electronics (Samsung Medison)
11.7 Fujifilm Holdings Corporation
11.8 Mindray Medical International Ltd.
11.9 Esaote
11.10 Supersonic Imagine
11.11 Resoundant Inc.

12 Appendix

12.1 Discussion Guide
12.2 Knowledge Store: Subscription Portal
12.3 Available Customizations
12.4 Related Reports
12.5 Author Details

List of Tables

Table 1 Elastography Imaging Market, By Modality, 2016–2024 (USD Million)
Table 2 Ultrasound Elastography Imaging: Market, By Region, 2016–2024 (USD Million)
Table 3 North America: Ultrasound Elastography Imaging: Market, By Country, 2016–2024 (USD Million)
Table 4 Europe: Ultrasound Elastography Imaging: Market, By Country, 2016–2024 (USD Million)
Table 5 Magnetic Resonance Elastography Market, 2016–2024 (USD Million)
Table 6 Market, By Application, 2016–2024 (USD Million)
Table 7 Market for Radiology/General Imaging, By Region, 2016–2024 (USD Million)
Table 8 Europe: Market for Radiology/General Imaging, By Country, 2016–2024 (USD Million)
Table 9 North America: Market for Radiology/General Imaging, By Country, 2016–2024 (USD Million)
Table 10 Market for Cardiology, By Region, 2016–2024 (USD Million)
Table 11 Europe: Market for Cardiology, By Country, 2016–2024 (USD Million)
Table 12 North America: Market for Cardiology, By Country, 2016–2024 (USD Million)
Table 13 Market for Ob/Gyn, By Region, 2016–2024 (USD Million)
Table 14 Europe: Market for Ob/Gyn, By Country, 2016–2024 (USD Million)
Table 15 North America: Market for Ob/Gyn, By Country, 2016–2024 (USD Million)
Table 16 Market for Urology Applications, By Region, 2016–2024 (USD Million)
Table 17 Europe: Market for Urology Applications, By Country, 2016–2024 (USD Million)
Table 18 North America: Market for Urology Applications, By Country, 2016–2024 (USD Million)
Table 19 Market for Vascular Applications, By Region, 2016–2024 (USD Million)
Table 20 Europe: Market for Vascular Applications, By Country, 2016–2024 (USD Million)
Table 21 North America: Market for Vascular Applications, By Country, 2016–2024 (USD Million)
Table 22 Market for Orthopedic & Musculoskeletal Applications, By Region, 2016–2024 (USD Million)
Table 23 Europe: Market for Orthopedic & Musculoskeletal Applications, By Country, 2016–2024 (USD Million)
Table 24 North America: Market for Orthopedic & Musculoskeletal Applications, By Country, 2016–2024 (USD Million)
Table 25 Market for Other Applications, By Region, 2016–2024 (USD Million)
Table 26 Europe: Market for Other Applications, By Country, 2016–2024 (USD Million)
Table 27 North America: Market for Other Applications, By Country, 2016–2024 (USD Million)
Table 28 Market, By End User, 2016–2024 (USD Million)
Table 29 Market for Hospitals, Surgical Centers, & Diagnostic Centers, By Region, 2016–2024 (USD Million)
Table 30 Europe: Market for Hospitals, Surgical Centers, & Diagnostic Centers, By Country, 2016–2024 (USD Million)
Table 31 North America: Market for Hospitals, Surgical Centers, & Diagnostic Centers, By Country, 2016–2024 (USD Million)
Table 32 Market for Ambulatory Surgical Centers, By Region, 2016–2024 (USD Million)
Table 33 Europe: Market for Ambulatory Surgical Centers, By Country, 2016–2024 (USD Million)
Table 34 North America: Market for Ambulatory Surgical Centers, By Country, 2016–2024 (USD Million)
Table 35 Market for Other End Users, By Region, 2016–2024 (USD Million)
Table 36 Europe: Market for Other End Users, By Country, 2016–2024 (USD Million)
Table 37 North America: Market for Other End Users, By Country, 2016–2023 (USD Million)
Table 38 Market, By Region, 2016–2024 (USD Million)
Table 39 Europe: Market, By Country, 2016–2024 (USD Million)
Table 40 Europe: Market, By Application, 2016–2024 (USD Million)
Table 41 Europe: Market, By End User, 2016–2024 (USD Million)
Table 42 Germany: Market, By Application, 2016–2024 (USD Million)
Table 43 Germany: Market, By End User, 2016–2024 (USD Million)
Table 44 France: Market, By Application, 2016–2024 (USD Million)
Table 45 France: Market, By End User, 2016–2024 (USD Million)
Table 46 UK: Market, By Application, 2016–2024 (USD Million)
Table 47 UK: Market, By End User, 2016–2024 (USD Million)
Table 48 RoE: Market, By Application, 2016–2024 (USD Million)
Table 49 RoE: Market, By End User, 2016–2024 (USD Million)
Table 50 North America: Market, By Country, 2016–2024 (USD Million)
Table 51 North America: Market, By Application, 2016–2024 (USD Million)
Table 52 North America: Market, By End User, 2016–2024 (USD Million)
Table 53 CMS Reimbursement for Elastography Imaging Procedures, 2019
Table 54 US: Market, By Application, 2016–2024 (USD Million)
Table 55 US: Market, By End User, 2016–2024 (USD Million)
Table 56 Canada: Market, By Application, 2016–2024 (USD Million)
Table 57 Canada: Market, By End User, 2016–2024 (USD Million)
Table 58 Asia Pacific: Market, By Application, 2016–2024 (USD Million)
Table 59 Asia Pacific: Market, By End User, 2016–2024 (USD Million)
Table 60 RoW: Market, By Application, 2016–2024 (USD Million)
Table 61 RoW: Market, By End User, 2016–2024 (USD Million)
Table 62 Rank of Companies in the Global Elastography Imaging Market, 2017
Table 63 Product Launches, 2016-2018
Table 64 Expansions, 2016–2018
Table 65 Partnerships, 2016–2018
Table 66 Acquisitions, 2016–2018

List of Figures

Figure 1 Research Design
Figure 2 Primary Sources
Figure 3 Elastography Imaging Market: Top-Down Approach
Figure 4 Elastography Imaging Market: Bottom-Up Approach
Figure 5 Data Triangulation Methodology
Figure 6 Market Share, By Modality (2018)
Figure 7 Market Share, By Application (2018)
Figure 8 Market, By End User (2018–2024)
Figure 9 Geographical Snapshot of the Elastography Imaging: Market
Figure 10 Elastography Imaging: Market to Register A Double-Digit Growth Rate During the Forecast Period
Figure 11 Radiology/General Imaging Segment Accounted for the Largest Share of the European Elastography Imaging: Market in 2018
Figure 12 Hospitals, Surgical Centers, and Diagnostic Centers Segment Will Continue to Dominate the Elastography Imaging: Market in 2024
Figure 13 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 14 Europe: Market Snapshot
Figure 15 Asia Pacific: Market Snapshot
Figure 16 Dive Chart
Figure 17 General Electric Company: Company Snapshot (2018)
Figure 18 Koninklijke Philips N.V.: Company Snapshot (2018)
Figure 19 Siemens AG: Company Snapshot (2018)
Figure 20 Canon Medical Systems Corporation: Company Snapshot (2017)
Figure 21 Hitachi Ltd.: Company Snapshot (2017)
Figure 22 Samsung Electronics (Samsung Medison): Company Snapshot (2017)
Figure 23 Fujifilm Holdings Corporation: Company Snapshot (2017)
Figure 24 Supersonic Imagine: Company Snapshot (2017)

Executive Summary

Companies Mentioned

Canon Medical Systems Corporation
Esaote
Fujifilm Holdings Corporation
General Electric Company
Hitachi Ltd.
Koninklijke Philips N.V.
Mindray Medical International Ltd.
Resoundant Inc.
Samsung Electronics (Samsung Medison)
Siemens AG
Supersonic Imagine

Table Information

Report Attribute	Details
No. of Pages	112
Published	April 2019
Forecast Period	2018 - 2024
Estimated Market Value ( USD ) in 2018	$ 2.5 billion
Forecasted Market Value ( USD ) by 2024	$ 4.6 billion
Compound Annual Growth Rate	10.7%
Regions Covered	Global
No. of Companies Mentioned	11

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Elastography Imaging Market by Modality, Application, End User - Global Forecast to 2024

Table of Contents

Executive Summary

Companies Mentioned

Table Information

Table of Contents

Executive Summary

Companies Mentioned

Table Information

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