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Global Elastography Imaging Market Share, Growth, Trends: By Technique: Ultrasound Imaging, Magnetic Resonance Elastography; By Application: Radiology/General Imaging, Obstetrics/Gynaecology, Urology, Vascular, Orthopaedic and Musculoskeletal Applications, Others; By End User; Regional Analysis; Supplier Landscape; 2024-2032
Global Elastography Imaging Market Outlook
The global elastography imaging market size attained a value of USD 2.45 billion in 2023. The market is anticipated to grow at a CAGR of 7% due to its non-invasive nature and precise assessment of mechanical properties of tissue, during the forecast period of 2024-2032 to attain a value of USD 4.50 billion by 2032.
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Some of the major growth factors include the increased occurrences of chronic liver diseases and breast cancer and the rising demand for advanced diagnostic techniques.
Market Segmentation
Elastography is a medical imaging that maps soft tissue's elastic properties and rigidity. The key idea is to give diagnostic information about the existence or status of the disease, whether the tissue is hard or soft.
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The elastography imaging market can be broadly categorised based on technique, applications, and end-uses.
Based on the technique, the elastography imaging market can be segmented into:
- Ultrasound Imaging
- Magnetic Resonance Elastography
Based on application, the elastography imaging market can be divided into:
- Radiology/General Imaging
- Cardiology
- Obstetrics/Gynaecology
- Urology
- Vascular
- Orthopaedic and Musculoskeletal Applications
- Others
Based on the end-uses, the elastography imaging market can be divided into:
- Hospitals, Surgical Centres, and Diagnostic Centres
- Ambulatory Surgical Centres (ASC)
- Others
The EMR report looks into the regional markets of elastography imaging like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The elastography imaging procedure is increasing in popularity and acceptance by both patients and doctors, due to its non-invasive nature and precise assessment of mechanical properties of tissue, thus, driving the growth of the industry. Advanced systems of elastography imaging provide both comprehensive qualitative and quantitative diagnosis, which will further propel the industry growth. The increasing demand for innovative diagnostic techniques is expected to replace conventional ultrasound techniques with elastography imaging in developing countries, giving the industry a significant boost. It is commonly used before and after transplantation to determine liver disorders and to monitor the degree of liver cirrhosis. It is expected that the increased incidences of breast cancer and liver disorders would fuel the demand for elastography imaging in the coming years.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global elastography imaging market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- General Electric Company (NYSE: GE)
- Koninklijke Philips N.V.
- Siemens Healthcare Private Limited
- Canon Inc.
- Samsung
- Fujifilm Holdings Corporation
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Technique |
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| Breakup by Application |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Elastography Imaging Market Overview
3.1 Global Elastography Imaging Market Historical Value (2017-2023)
3.2 Global Elastography Imaging Market Forecast Value (2024-2032)
4 Global Elastography Imaging Market Landscape
4.1 Global Elastography Imaging Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Elastography Imaging Product Landscape
4.2.1 Analysis by Techniques
4.2.2 Analysis by Applications
4.2.3 Analysis by End Users
5 Global Elastography Imaging Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Elastography Imaging Market Segmentation
6.1 Global Elastography Imaging Market by Technique
6.1.1 Market Overview
6.1.2 Ultrasound Imaging
6.1.3 Magnetic Resonance Elastography
6.2 Global Elastography Imaging Market by Application
6.2.1 Market Overview
6.2.2 Radiology/General Imaging
6.2.3 Obstetrics/Gynaecology
6.2.4 Urology
6.2.5 Vascular
6.2.6 Orthopaedic and Musculoskeletal Applications
6.2.7 Others
6.3 Global Elastography Imaging Market by End User
6.3.1 Market Overview
6.3.2 Hospitals, Surgical Centres, and Diagnostic Centres
6.3.3 Ambulatory Surgical Centres (ASC)
6.3.4 Others
6.4 Global Elastography Imaging Market by Region
6.4.1 Market Overview
6.4.2 North America
6.4.3 Europe
6.4.4 Asia Pacific
6.4.5 Latin America
6.4.6 Middle East and Africa
7 North America Elastography Imaging Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Elastography Imaging Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Elastography Imaging Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Elastography Imaging Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Elastography Imaging Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
16.1 Regulatory Overview
16.1.1 US FDA
16.1.2 EU EMA
16.1.3 INDIA CDSCO
16.1.4 JAPAN PMDA
16.1.5 Others
17 Supplier Landscape
17.1 General Electric Company (NYSE: GE)
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 Koninklijke Philips N.V.
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 Siemens Healthcare Private Limited
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 Canon Inc.
17.4.1 Financial Analysis
17.4.2 Financial Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 Samsung
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 Fujifilm Holdings Corporation
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 Clarius Mobile Health
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 Hitachi,Ltd
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 Hologic Inc
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
17.11 Esaote SpA
17.11.1 Financial Analysis
17.11.2 Product Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisitions
17.11.5 Certifications
17.12 Supersonic Imagine
17.12.1 Financial Analysis
17.12.2 Product Portfolio
17.12.3 Demographic Reach and Achievements
17.12.4 Mergers and Acquisitions
17.12.5 Certifications
17.13 Resoundant Inc.
17.13.1 Financial Analysis
17.13.2 Product Portfolio
17.13.3 Demographic Reach and Achievements
17.13.4 Mergers and Acquisitions
17.13.5 Certifications
17.14 Mindray Medical International Ltd.
17.14.1 Financial Analysis
17.14.2 Product Portfolio
17.14.3 Demographic Reach and Achievements
17.14.4 Mergers and Acquisitions
17.14.5 Certifications
18 Global Elastography Imaging Market - Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
Globally, elastography imaging market reached a value of USD 2.45 billion in 2023.
The market is projected to expand at a CAGR of 7% from 2024 to 2032, growing to USD 4.50 billion by 2032.
The major drivers of the industry, such as the increasing population, rising demand from the developing regions, increasing prevalence of chronic liver disorder and breast cancer, and the growing demand for improved diagnostic facilities, are expected to aid the market growth.
The key market trends guiding the growth of the elastography imaging industry include the growing technological advancements and increased investments by the key players in the research and development activities.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Ultrasound imaging and magnetic resonance elastography are the leading elastography imaging techniques in the industry.
The significant applications of the product in the market include radiology/general imaging, cardiology, obstetrics/gynaecology, urology, vascular, and orthopaedic and musculoskeletal applications, among others.
Hospitals, surgical centres, and diagnostic centres, and ambulatory surgical centres (ASC) are the major end use segments of the product.
The major players in the industry are General Electric Company (NYSE: GE), Koninklijke Philips N.V., Siemens Healthcare Private Limited, Canon Inc., Samsung, Fujifilm Holdings Corporation, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., among others.
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