+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Elastography Imaging Market By Modality, By Application, By End User: Global Opportunity Analysis and Industry Forecast, 2021-2031

  • PDF Icon

    Report

  • 341 Pages
  • September 2022
  • Region: Global
  • Allied Market Research
  • ID: 5713123
The global elastography imaging market was valued at $3,019.01 million in 2021 and is projected to reach $6,002.4 million by 2031, registering a CAGR of 7.1% from 2022 to 2031. Elastography is a medical imaging modality or system that plans the elastic properties and stiffness of mainly soft tissue. The system is used to identify whether the tissue is hard or soft and hence give diagnostic information regarding the presence or status of the disease. For instance, cancerous tumors will often be harder than the surrounding tissue, and diseased livers are stiffer than healthy ones. The most widely used techniques utilize ultrasound or magnetic resonance imaging (MRI) to make both the stiffness map and an anatomical image for comparison. Elastography measures the stiffness (or elasticity) of organs in vivo by using low-frequency vibrations during an ultrasound or MRI. It is mainly used for detecting the presence and severity of liver disease.

Magnetic resonance elastography (MRE) is a technology that combines MRI imaging with low-frequency vibrations to create a visual map (elastogram) that shows the stiffness of body tissues. Currently, MRE is used to detect stiffening of the liver caused by fibrosis and inflammation in chronic liver disease.

As patient volumes continue to increase due to ageing populations and increasing co-morbidities, and budgets continue to shrink; it is evident that the elastography imaging market is in a unique position to grow due to its cost-effective, real-time, portable solutions.

The key factors that drive the growth of the market are the rise in incidence of breast cancer, and chronic liver diseases, and the surge in the demand for minimally invasive procedures, or non-invasive techniques for cancer detection and treatment. For instance, according to the article published by the American Association for the Study of Liver Disease, the absolute number of chronic liver disease (CLD) cases is estimated at 1.5 billion worldwide in 2021. The most common causes of prevalent disease are non-alcoholic fatty liver disease (NAFLD) (59%), followed by hepatitis B virus (HBV) (29%), hepatitis C virus (HCV) (9%), and ALD (2%). Moreover, there are 257 million people worldwide living with chronic HBV. Without proper management, approximately 20% will die early of liver failure or hepatocellular carcinoma. It is estimated that only 11% of infected people are aware of their infection, and 17% of those are receiving treatment.

Furthermore, product advancements and new launches are projected to assist key leaders in gaining maximum market share as they have focused on meeting market demand. High quality transducers, reduced diagnosis time, and effective usage in point-of-care and remote diagnosis are expected to fuel market growth. For instance, Royal Philips, a global leader in health technology, launched new AI-enabled innovations in MR imaging at the Radiological Society of North America (RSNA) annual meeting in November 2021. Philips' new MR portfolio of intelligent integrated solutions is designed to speed up MR exams, streamline workflows, optimize diagnostic quality, and help ensure the efficiency and sustainability of radiology operations.

However, higher cost of the elastography imaging systems is anticipated to hinder the growth of the industry during the forecast period. Conversely, the emerging healthcare market in developing countries and low-income countries lacking access to basic healthcare and, alternatively, the use of elastography imaging for cancer research is anticipated to generate new growth opportunities in the elastography imaging market during the forecast time period.

The elastography imaging market is segmented on the basis of modality, application, end user and region. By modality, the market is bifurcated into ultrasound elastography imaging and magnetic resonance elastography. On the basis of application, the market is classified into radiology/general imaging, obstetrics/gynecology, cardiology, urology, vascular and other. By end user, the market is categorized into hospitals & clinics, diagnostic labs, maternity centers, ambulatory surgical centers and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

By modality, on the basis of ultrasound elastography imaging, the market is further sub-segmented into shear-wave elastography, strain elastography, 1D transient elastography.


North America accounted for a majority of the elastography imaging market share in 2021 and is anticipated to remain dominant during the forecast period. The elastography imaging market is mainly driven by the increase in chronic diseases and cancer incidences, rise in the healthcare expenditure of this region, presence of key players in the country, and the strategies they adopt for their product development.

Asia-Pacific was the second largest contributor to the market in 2021 and is expected to register the fastest CAGR during the forecast period. This is due to the presence of high unmet medical needs and constantly improving healthcare infrastructure to cure chronic disorders. In addition, rapidly growing prevalence of breast cancer and liver disease, surge in the demand for minimally invasive or non-invasive procedures, and increase in geriatric population in emerging nations are set to drive the growth of the market in Asia-Pacific region. This helps several market players to invest in Asia-Pacific countries, which in turn is projected to further contribute toward the growth of the market.

The key players that operate in the Elastography imaging market are Canon Medical System Corporation, Clarius Mobile Health, Esaote Spa, Fujifim Sonosite Inc, General Electric Company, Hitachi Ltd, Hologic, Koninklijke Philips, Mindray Medical Corporation, Siemens AG.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the elastography imaging market analysis from 2021 to 2031 to identify the prevailing elastography imaging market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the elastography imaging market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global elastography imaging market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By End User

  • Hospitals and Clinics
  • Diagnostic labs
  • Maternity Centers
  • Ambulatory Surgical Centers
  • Others

By Modality

  • Magnetic Resonance Elastography
  • Ultrasound Elastography Imaging
  • Type
  • Shear-Wave Elastography
  • Strain Elastography
  • 1D transient Elastography

By Application

  • Radiology/General Imaging
  • Cardiology
  • Obstetrics/Gynecology
  • Urology
  • Vascular
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest Of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest Of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest Of LAMEA

Key Market Players

  • Esaote SpA
  • Shenzhen Mindray Bio-Medical Electronics Co
  • Clarius Mobile Health
  • Hitachi,Ltd
  • Fujifilm Corporation
  • Canon Inc
  • Koninklijke Philips N.V.
  • GE
  • Siemens Healthineers
  • Hologic Inc
Frequently Asked Questions about the Global Elastography Imaging Market

What is the estimated value of the Global Elastography Imaging Market?

The Global Elastography Imaging Market was estimated to be valued at $3019.01 million in 2021.

What is the growth rate of the Global Elastography Imaging Market?

The growth rate of the Global Elastography Imaging Market is 7.1%, with an estimated value of $6002.4 million by 2031.

What is the forecasted size of the Global Elastography Imaging Market?

The Global Elastography Imaging Market is estimated to be worth $6002.4 million by 2031.

Who are the key companies in the Global Elastography Imaging Market?

Key companies in the Global Elastography Imaging Market include Esaote SpA, Shenzhen Mindray Bio, Medical Electronics Co, Clarius Mobile Health, Hitachi,Ltd, Fujifilm Corporation, Canon Inc, Koninklijke Philips N.V. and Siemens Healthineers.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: ELASTOGRAPHY IMAGING MARKET, BY MODALITY
4.1 Overview
4.1.1 Market size and forecast
4.2 Ultrasound Elastography Imaging
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.2.4 Ultrasound Elastography Imaging Elastography Imaging Market by Type
4.2.4.1 Shear-Wave Elastography Market size and forecast, by region
4.2.4.2 Strain Elastography Market size and forecast, by region
4.2.4.3 1D transient Elastography Market size and forecast, by region
4.3 Magnetic Resonance Elastography
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country

CHAPTER 5: ELASTOGRAPHY IMAGING MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Radiology/General Imaging
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Cardiology
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Obstetrics/Gynecology
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Urology
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
5.6 Vascular
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market analysis by country
5.7 Others
5.7.1 Key market trends, growth factors and opportunities
5.7.2 Market size and forecast, by region
5.7.3 Market analysis by country

CHAPTER 6: ELASTOGRAPHY IMAGING MARKET, BY END USER
6.1 Overview
6.1.1 Market size and forecast
6.2 Hospitals and Clinics
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Diagnostic labs
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Maternity Centers
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Ambulatory Surgical Centers
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
6.6 Others
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market analysis by country

CHAPTER 7: ELASTOGRAPHY IMAGING MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Modality
7.2.2.1 North America Ultrasound Elastography Imaging Elastography Imaging Market by Type
7.2.3 North America Market size and forecast, by Application
7.2.4 North America Market size and forecast, by End User
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Modality
7.2.5.1.2 Market size and forecast, by Application
7.2.5.1.3 Market size and forecast, by End User
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Modality
7.2.5.2.2 Market size and forecast, by Application
7.2.5.2.3 Market size and forecast, by End User
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Modality
7.2.5.3.2 Market size and forecast, by Application
7.2.5.3.3 Market size and forecast, by End User
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Modality
7.3.2.1 Europe Ultrasound Elastography Imaging Elastography Imaging Market by Type
7.3.3 Europe Market size and forecast, by Application
7.3.4 Europe Market size and forecast, by End User
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Modality
7.3.5.1.2 Market size and forecast, by Application
7.3.5.1.3 Market size and forecast, by End User
7.3.5.2 France
7.3.5.2.1 Market size and forecast, by Modality
7.3.5.2.2 Market size and forecast, by Application
7.3.5.2.3 Market size and forecast, by End User
7.3.5.3 UK
7.3.5.3.1 Market size and forecast, by Modality
7.3.5.3.2 Market size and forecast, by Application
7.3.5.3.3 Market size and forecast, by End User
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Modality
7.3.5.4.2 Market size and forecast, by Application
7.3.5.4.3 Market size and forecast, by End User
7.3.5.5 Spain
7.3.5.5.1 Market size and forecast, by Modality
7.3.5.5.2 Market size and forecast, by Application
7.3.5.5.3 Market size and forecast, by End User
7.3.5.6 Rest of Europe
7.3.5.6.1 Market size and forecast, by Modality
7.3.5.6.2 Market size and forecast, by Application
7.3.5.6.3 Market size and forecast, by End User
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Modality
7.4.2.1 Asia-Pacific Ultrasound Elastography Imaging Elastography Imaging Market by Type
7.4.3 Asia-Pacific Market size and forecast, by Application
7.4.4 Asia-Pacific Market size and forecast, by End User
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 Japan
7.4.5.1.1 Market size and forecast, by Modality
7.4.5.1.2 Market size and forecast, by Application
7.4.5.1.3 Market size and forecast, by End User
7.4.5.2 China
7.4.5.2.1 Market size and forecast, by Modality
7.4.5.2.2 Market size and forecast, by Application
7.4.5.2.3 Market size and forecast, by End User
7.4.5.3 Australia
7.4.5.3.1 Market size and forecast, by Modality
7.4.5.3.2 Market size and forecast, by Application
7.4.5.3.3 Market size and forecast, by End User
7.4.5.4 India
7.4.5.4.1 Market size and forecast, by Modality
7.4.5.4.2 Market size and forecast, by Application
7.4.5.4.3 Market size and forecast, by End User
7.4.5.5 South Korea
7.4.5.5.1 Market size and forecast, by Modality
7.4.5.5.2 Market size and forecast, by Application
7.4.5.5.3 Market size and forecast, by End User
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size and forecast, by Modality
7.4.5.6.2 Market size and forecast, by Application
7.4.5.6.3 Market size and forecast, by End User
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Modality
7.5.2.1 LAMEA Ultrasound Elastography Imaging Elastography Imaging Market by Type
7.5.3 LAMEA Market size and forecast, by Application
7.5.4 LAMEA Market size and forecast, by End User
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by Modality
7.5.5.1.2 Market size and forecast, by Application
7.5.5.1.3 Market size and forecast, by End User
7.5.5.2 Saudi Arabia
7.5.5.2.1 Market size and forecast, by Modality
7.5.5.2.2 Market size and forecast, by Application
7.5.5.2.3 Market size and forecast, by End User
7.5.5.3 South Africa
7.5.5.3.1 Market size and forecast, by Modality
7.5.5.3.2 Market size and forecast, by Application
7.5.5.3.3 Market size and forecast, by End User
7.5.5.4 Rest of LAMEA
7.5.5.4.1 Market size and forecast, by Modality
7.5.5.4.2 Market size and forecast, by Application
7.5.5.4.3 Market size and forecast, by End User

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 Esaote SpA
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Shenzhen Mindray Bio-Medical Electronics Co
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Clarius Mobile Health
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Hitachi,Ltd
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Fujifilm Corporation
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Canon Inc
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Koninklijke Philips N. V.
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 GE
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Siemens Healthineers
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Hologic Inc
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments

List of Tables
Table 1. Global Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 2. Elastography Imaging Market, for Ultrasound Elastography Imaging, by Region, 2021-2031 ($Million)
Table 3. Elastography Imaging Market for Ultrasound Elastography Imaging, by Country, 2021-2031 ($Million)
Table 4. Global Ultrasound Elastography Imaging Elastography Imaging Market, by Type, 2021-2031 ($Million)
Table 5. Elastography Imaging Market, for Shear-Wave Elastography, by Region, 2021-2031 ($Million)
Table 6. Elastography Imaging Market, for Strain Elastography, by Region, 2021-2031 ($Million)
Table 7. Elastography Imaging Market, for 1D Transient Elastography, by Region, 2021-2031 ($Million)
Table 8. Elastography Imaging Market, for Magnetic Resonance Elastography, by Region, 2021-2031 ($Million)
Table 9. Elastography Imaging Market for Magnetic Resonance Elastography, by Country, 2021-2031 ($Million)
Table 10. Global Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 11. Elastography Imaging Market, for Radiology/General Imaging, by Region, 2021-2031 ($Million)
Table 12. Elastography Imaging Market for Radiology/General Imaging, by Country, 2021-2031 ($Million)
Table 13. Elastography Imaging Market, for Cardiology, by Region, 2021-2031 ($Million)
Table 14. Elastography Imaging Market for Cardiology, by Country, 2021-2031 ($Million)
Table 15. Elastography Imaging Market, for Obstetrics/Gynecology, by Region, 2021-2031 ($Million)
Table 16. Elastography Imaging Market for Obstetrics/Gynecology, by Country, 2021-2031 ($Million)
Table 17. Elastography Imaging Market, for Urology, by Region, 2021-2031 ($Million)
Table 18. Elastography Imaging Market for Urology, by Country, 2021-2031 ($Million)
Table 19. Elastography Imaging Market, for Vascular, by Region, 2021-2031 ($Million)
Table 20. Elastography Imaging Market for Vascular, by Country, 2021-2031 ($Million)
Table 21. Elastography Imaging Market, for Others , by Region, 2021-2031 ($Million)
Table 22. Elastography Imaging Market for Others , by Country, 2021-2031 ($Million)
Table 23. Global Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 24. Elastography Imaging Market, for Hospitals and Clinics, by Region, 2021-2031 ($Million)
Table 25. Elastography Imaging Market for Hospitals and Clinics, by Country, 2021-2031 ($Million)
Table 26. Elastography Imaging Market, for Diagnostic Labs, by Region, 2021-2031 ($Million)
Table 27. Elastography Imaging Market for Diagnostic Labs, by Country, 2021-2031 ($Million)
Table 28. Elastography Imaging Market, for Maternity Centers, by Region, 2021-2031 ($Million)
Table 29. Elastography Imaging Market for Maternity Centers, by Country, 2021-2031 ($Million)
Table 30. Elastography Imaging Market, for Ambulatory Surgical Centers, by Region, 2021-2031 ($Million)
Table 31. Elastography Imaging Market for Ambulatory Surgical Centers, by Country, 2021-2031 ($Million)
Table 32. Elastography Imaging Market, for Others, by Region, 2021-2031 ($Million)
Table 33. Elastography Imaging Market for Others, by Country, 2021-2031 ($Million)
Table 34. Elastography Imaging Market, by Region, 2021-2031 ($Million)
Table 35. North America Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 36. North America Ultrasound Elastography Imaging Elastography Imaging Market, by Type, 2021-2031 ($Million)
Table 37. North America Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 38. North America Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 39. North America Elastography Imaging Market, by Country, 2021-2031 ($Million)
Table 40. U.S. Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 41. U.S. Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 42. U.S. Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 43. Canada Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 44. Canada Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 45. Canada Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 46. Mexico Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 47. Mexico Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 48. Mexico Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 49. Europe Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 50. Europe Ultrasound Elastography Imaging Elastography Imaging Market, by Type, 2021-2031 ($Million)
Table 51. Europe Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 52. Europe Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 53. Europe Elastography Imaging Market, by Country, 2021-2031 ($Million)
Table 54. Germany Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 55. Germany Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 56. Germany Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 57. France Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 58. France Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 59. France Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 60. UK Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 61. UK Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 62. UK Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 63. Italy Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 64. Italy Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 65. Italy Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 66. Spain Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 67. Spain Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 68. Spain Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 69. Rest of Europe Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 70. Rest of Europe Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 71. Rest of Europe Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 72. Asia-Pacific Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 73. Asia-Pacific Ultrasound Elastography Imaging Elastography Imaging Market, by Type, 2021-2031 ($Million)
Table 74. Asia-Pacific Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 75. Asia-Pacific Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 76. Asia-Pacific Elastography Imaging Market, by Country, 2021-2031 ($Million)
Table 77. Japan Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 78. Japan Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 79. Japan Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 80. China Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 81. China Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 82. China Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 83. Australia Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 84. Australia Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 85. Australia Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 86. India Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 87. India Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 88. India Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 89. South Korea Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 90. South Korea Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 91. South Korea Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 92. Rest of Asia-Pacific Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 93. Rest of Asia-Pacific Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 94. Rest of Asia-Pacific Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 95. LAMEA Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 96. LAMEA Ultrasound Elastography Imaging Elastography Imaging Market, by Type, 2021-2031 ($Million)
Table 97. LAMEA Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 98. LAMEA Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 99. LAMEA Elastography Imaging Market, by Country, 2021-2031 ($Million)
Table 100. Brazil Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 101. Brazil Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 102. Brazil Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 103. Saudi Arabia Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 104. Saudi Arabia Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 105. Saudi Arabia Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 106. South Africa Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 107. South Africa Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 108. South Africa Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 109. Rest of LAMEA Elastography Imaging Market, by Modality, 2021-2031 ($Million)
Table 110. Rest of LAMEA Elastography Imaging Market, by Application, 2021-2031 ($Million)
Table 111. Rest of LAMEA Elastography Imaging Market, by End-user, 2021-2031 ($Million)
Table 112. Esaote Spa: Company Snapshot
Table 113. Esaote Spa: Operating Segments
Table 114. Esaote Spa: Product Portfolio
Table 115. Esaote Spa: Net Sales
Table 116. Esaote Spa: Key Strategies
Table 117. Shenzhen Mindray Bio-Medical Electronics Co: Company Snapshot
Table 118. Shenzhen Mindray Bio-Medical Electronics Co: Operating Segments
Table 119. Shenzhen Mindray Bio-Medical Electronics Co: Product Portfolio
Table 120. Shenzhen Mindray Bio-Medical Electronics Co: Net Sales
Table 121. Shenzhen Mindray Bio-Medical Electronics Co: Key Strategies
Table 122. Clarius Mobile Health: Company Snapshot
Table 123. Clarius Mobile Health: Operating Segments
Table 124. Clarius Mobile Health: Product Portfolio
Table 125. Clarius Mobile Health: Net Sales
Table 126. Clarius Mobile Health: Key Strategies
Table 127. Hitachi,Ltd.: Company Snapshot
Table 128. Hitachi,Ltd.: Operating Segments
Table 129. Hitachi,Ltd.: Product Portfolio
Table 130. Hitachi,Ltd.: Net Sales
Table 131. Hitachi,Ltd.: Key Strategies
Table 132. Fujifilm Corporation: Company Snapshot
Table 133. Fujifilm Corporation: Operating Segments
Table 134. Fujifilm Corporation: Product Portfolio
Table 135. Fujifilm Corporation: Net Sales
Table 136. Fujifilm Corporation: Key Strategies
Table 137. Canon Inc.: Company Snapshot
Table 138. Canon Inc.: Operating Segments
Table 139. Canon Inc.: Product Portfolio
Table 140. Canon Inc.: Net Sales
Table 141. Canon Inc.: Key Strategies
Table 142. Koninklijke Philips N. V.: Company Snapshot
Table 143. Koninklijke Philips N. V.: Operating Segments
Table 144. Koninklijke Philips N. V.: Product Portfolio
Table 145. Koninklijke Philips N. V.: Net Sales
Table 146. Koninklijke Philips N. V.: Key Strategies
Table 147. GE: Company Snapshot
Table 148. GE: Operating Segments
Table 149. GE: Product Portfolio
Table 150. GE: Net Sales
Table 151. GE: Key Strategies
Table 152. Siemens Healthineers: Company Snapshot
Table 153. Siemens Healthineers: Operating Segments
Table 154. Siemens Healthineers: Product Portfolio
Table 155. Siemens Healthineers: Net Sales
Table 156. Siemens Healthineers: Key Strategies
Table 157. Hologic Inc.: Company Snapshot
Table 158. Hologic Inc.: Operating Segments
Table 159. Hologic Inc.: Product Portfolio
Table 160. Hologic Inc.: Net Sales
Table 161. Hologic Inc.: Key Strategies

List of Figures
Figure 1. Elastography Imaging Market Segmentation
Figure 2. Elastography Imaging Market, 2021-2031
Figure 3. Elastography Imaging Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Elastography Imaging Mark.:Drivers, Restraints and Opportunities
Figure 12. Elastography Imaging Market, By Modality, 2021(%)
Figure 13. Comparative Share Analysis of Ultrasound Elastography Imaging Elastography Imaging Market, 2021-2031(%)
Figure 14. Comparative Share Analysis of Magnetic Resonance Elastography Elastography Imaging Market, 2021-2031(%)
Figure 15. Elastography Imaging Market, By Application, 2021(%)
Figure 16. Comparative Share Analysis of Radiology/General Imaging Elastography Imaging Market, 2021-2031(%)
Figure 17. Comparative Share Analysis of Cardiology Elastography Imaging Market, 2021-2031(%)
Figure 18. Comparative Share Analysis of Obstetrics/Gynecology Elastography Imaging Market, 2021-2031(%)
Figure 19. Comparative Share Analysis of Urology Elastography Imaging Market, 2021-2031(%)
Figure 20. Comparative Share Analysis of Vascular Elastography Imaging Market, 2021-2031(%)
Figure 21. Comparative Share Analysis of Others Elastography Imaging Market, 2021-2031(%)
Figure 22. Elastography Imaging Market, By End-user, 2021(%)
Figure 23. Comparative Share Analysis of Hospitals and Clinics Elastography Imaging Market, 2021-2031(%)
Figure 24. Comparative Share Analysis of Diagnostic Labs Elastography Imaging Market, 2021-2031(%)
Figure 25. Comparative Share Analysis of Maternity Centers Elastography Imaging Market, 2021-2031(%)
Figure 26. Comparative Share Analysis of Ambulatory Surgical Centers Elastography Imaging Market, 2021-2031(%)
Figure 27. Comparative Share Analysis of Others Elastography Imaging Market, 2021-2031(%)
Figure 28. Elastography Imaging Market by Region, 2021
Figure 29. U.S. Elastography Imaging Market, 2021-2031($Million)
Figure 30. Canada Elastography Imaging Market, 2021-2031($Million)
Figure 31. Mexico Elastography Imaging Market, 2021-2031($Million)
Figure 32. Germany Elastography Imaging Market, 2021-2031($Million)
Figure 33. France Elastography Imaging Market, 2021-2031($Million)
Figure 34. Uk Elastography Imaging Market, 2021-2031($Million)
Figure 35. Italy Elastography Imaging Market, 2021-2031($Million)
Figure 36. Spain Elastography Imaging Market, 2021-2031($Million)
Figure 37. Rest of Europe Elastography Imaging Market, 2021-2031($Million)
Figure 38. Japan Elastography Imaging Market, 2021-2031($Million)
Figure 39. China Elastography Imaging Market, 2021-2031($Million)
Figure 40. Australia Elastography Imaging Market, 2021-2031($Million)
Figure 41. India Elastography Imaging Market, 2021-2031($Million)
Figure 42. South Korea Elastography Imaging Market, 2021-2031($Million)
Figure 43. Rest of Asia-Pacific Elastography Imaging Market, 2021-2031($Million)
Figure 44. Brazil Elastography Imaging Market, 2021-2031($Million)
Figure 45. Saudi Arabia Elastography Imaging Market, 2021-2031($Million)
Figure 46. South Africa Elastography Imaging Market, 2021-2031($Million)
Figure 47. Rest of LAMEA Elastography Imaging Market, 2021-2031($Million)
Figure 48. Top Winning Strategies, by Year
Figure 49. Top Winning Strategies, by Development
Figure 50. Top Winning Strategies, by Company
Figure 51. Product Mapping of Top 10 Players
Figure 52. Competitive Dashboard
Figure 53. Competitive Heatmap of Top 10 Key Players
Figure 54. Esaote Sp.: Net Sales, ($Million)
Figure 55. Shenzhen Mindray Bio-Medical Electronics C.: Net Sales, ($Million)
Figure 56. Clarius Mobile Healt.: Net Sales, ($Million)
Figure 57. Hitachi, Lt.: Net Sales, ($Million)
Figure 58. Fujifilm Corporatio.: Net Sales, ($Million)
Figure 59. Canon In.: Net Sales, ($Million)
Figure 60. Koninklijke Philips N.V.: Net Sales, ($Million)
Figure 61. G.: Net Sales, ($Million)
Figure 62. Siemens Healthineer.: Net Sales, ($Million)
Figure 63. Hologic In.: Net Sales, ($Million)

Executive Summary

According to the report, “Elastography Imaging Market," the Elastography Imaging Market Size was valued at $3.0 billion in 2021, and is estimated to reach $6.0 billion by 2031, growing at a CAGR of 7.1% from 2022 to 2031.

Elastography is a medical technique used to study the elastic properties and stiffness of the muscles. Its main purpose is to determine whether tissue is hard or soft to get diagnostic information about the occurrence or status of a disease. The most widely used techniques are magnetic resonance imaging (MRI) or ultrasound, to create both an anatomical image and a stiffness map for comparison.

Elastography aims to use the increased stiffness of malignant lesions compared with that of benign lesions to aid diagnosis. Invasive breast cancer contains disordered fetal collagen, which makes lesions poorly compressible, whilst benign lesions such as fibroadenoma are less stiff even if they contain large amounts of collagen. This is because the collagen in fibroadenomas is well-ordered, adult-type collagen. The various applications of elastography imaging include assessment of liver fibrosis with different liver elastography techniques; characterization of focal liver lesions; strain imaging in breast lesions; thyroid ultrasound strain imaging; renal fibrosis; prostrate strain imaging; and various others.

The key factors that drive the growth of the market are the rise in the prevalence of breast cancer and chronic liver diseases. Furthermore, the surge in the geriatric population, increase in adoption of technologically advanced elastography imaging devices for disease diagnosis, and rise in R&D investments by pharmaceutical companies drive the growth of the elastography imaging market. For instance, in January 2021, Hologic released a new ultrasound scanner, the SuperSonic Mach 20, for imaging the breast, liver, muscles, and tendons. The system features B-mode image quality and runs on the company's UltraFast technology, which is part of Hologic's line of SuperSonic ultrasound devices.

Furthermore, technological advancements witnessed in the medical industry and a growing number of government initiatives to fund cancer research are the factors propelling the growth of the market.

However, the high cost of elastography imaging and unfavorable reimbursement scenario are the major barriers for the growth of the market. Emerging economies such as India, China, Mexico, and Brazil are anticipated to create new opportunities in the Elastography Imaging Market Forecast period, owing to an increase in the number of ongoing studies to assess potential applications of elastography in these developing countries.

On the basis of modality, the Elastography Imaging Market Analysis is done into ultrasound elastography imaging and magnetic resonance elastography. In 2021, the ultrasound elastography imaging segment accounted for the largest Elastography Imaging Market Share. The dominance of this segment is attributed to rise in the prevalence of breast cancer and chronic liver diseases and the increase in the demand for minimally invasive procedures.

On the basis of application, the market is segmented into radiology/general imaging, obstetrics/gynecology, cardiology, urology, vascular, and others. The radiology/general imaging segment exhibited the highest Elastography Imaging Market Share in 2021, and is anticipated to lead during the forecast period, owing to a rise in demand for high-quality diagnostic and therapeutic imaging capabilities as well as a rise in awareness related to radiation dose concerns with other imaging modalities are the key factors that drive the growth of the market in the upcoming years.

On the basis of end-user, the Elastography Imaging Industry is segmented into hospitals & clinics, diagnostic labs, maternity centers, ambulatory surgical centers, and others. The hospitals & clinics segment exhibited the highest growth in 2021 and is anticipated to lead during the forecast period, owing to a rise in the number of patient visits in the hospital for the diagnosis of various types of cancer and chronic diseases.

North America accounted for a majority of the elastography imaging market share in 2021 and is anticipated to remain dominant during the forecast period owing to the high adoption of technologically advanced imaging systems, increase in healthcare expenditure, and presence of major key players in the country and the strategies they adopt for their product development.

Asia-Pacific was the second largest contributor to the Elastography Imaging Industry in 2021 and is expected to register the fastest CAGR during the forecast period. The market growth in the Asia-Pacific region is supplemented by the growing demand for minimally invasive therapies, healthcare reforms, and highly populated countries along with high birth rates and high prevalence of chronic diseases. In addition, the increase in patient awareness and the presence of high unmet needs in these nations, especially in countries such as India and China, are expected to further drive the Elastography Imaging Market Size in upcoming yeras.

The key players that operate in the elastography imaging market are Canon Medical System Corporation, Clarius Mobile Health, Esaote Spa, Fujifim Sonosite Inc, General Electric Company, Hitachi Ltd, Hologic, Koninklijke Philips, Mindray Medical Corporation, and Siemens AG.

Key Findings of the Study

  • By modality, the ultrasound elastography imaging segment was the highest contributor to the market in 2021.
  • By application, the radiology/general imaging segment was the highest contributor in 2021.
  • By end user, the hospitals & clinics segment dominated the market in 2021 and is expected to remain dominant during the forecast period.

Companies Mentioned

  • Esaote SpA
  • Shenzhen Mindray Bio-Medical Electronics Co
  • Clarius Mobile Health
  • Hitachi,Ltd
  • Fujifilm Corporation
  • Canon Inc
  • Koninklijke Philips N.V.
  • GE
  • Siemens Healthineers
  • Hologic Inc

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...