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Global Elastography Imaging Market: By Technique: Ultrasound Imaging, Magnetic Resonance Elastography; By Application: Radiology/General Imaging, Cardiology, Obstetrics/Gynaecology, Others; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Elastography Imaging Market Outlook

The global elastography imaging market reached USD 2 billion in 2020 and is expected to grow at a CAGR of 7% during the forecast period of 2021-2026 to attain USD 3 billion by 2026.

 

Global Elastography Imaging Market

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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.

 

Properties and Applications

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.

 

Global Elastography Imaging Market By Technique

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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.

 

Global Elastography Imaging Market By Region

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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 AG 
  • Canon Medical Systems Co., Ltd.
  • Hitachi, Ltd. 
  • Samsung Electronics Co Ltd 
  • Fujifilm Holdings Corporation 
  • Shenzhen Mindray Bio-Medl Elctrnc 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.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Technique, Application, End Use, Region
Breakup by Technique Ultrasound Imaging, Magnetic Resonance Elastography
Breakup by Application Radiology/General Imaging, Cardiology, Obstetrics/Gynaecology, Urology, Vascular, Orthopaedic and Musculoskeletal Applications, Others
Breakup by End Use Hospitals, Surgical Centres, & Diagnostic Centres, Ambulatory Surgical Centres (ASC), Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered General Electric Company (NYSE: GE), Koninklijke Philips N.V. (AMS: PHIA),
Siemens AG (ETR: SIE), Canon Medical Systems Co., Ltd., Hitachi, Ltd. (TYO: 6501),
Samsung Electronics Co Ltd (KRX: 005930), Fujifilm Holdings Corporation (TYO: 4901),
Shenzhen Mindray Bio-Medl Elctrnc Co Ltd. (SHE: 300760), Others
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.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Elastography Imaging Market Analysis
    6.1    Global Elastography Imaging Historical Market (2016-2020) & Forecast (2021-2026)
    6.2    Global Elastography Imaging Market Breakup by Technique
        6.2.1    Ultrasound Imaging
        6.2.2    Magnetic Resonance Elastography 
    6.3    Global Elastography Imaging Market Breakup by Technique: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Ultrasound Imaging
        6.3.2    Magnetic Resonance Elastography 
    6.4    Global Elastography Imaging Market Breakup by Application
        6.4.1    Radiology/General Imaging
        6.4.2    Cardiology
        6.4.3    Obstetrics/Gynaecology
        6.4.4    Urology
        6.4.5    Vascular
        6.4.6    Orthopaedic and Musculoskeletal Applications
        6.4.7    Others
    6.5    Global Elastography Imaging Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    Radiology/General Imaging
        6.5.2    Cardiology
        6.5.3    Obstetrics/Gynaecology
        6.5.4    Urology
        6.5.5    Vascular
        6.5.6    Orthopaedic and Musculoskeletal Applications
        6.5.7    Others
    6.6    Global Elastography Imaging Market Breakup by End Use
        6.6.1    Hospitals, Surgical Centres, & Diagnostic Centres
        6.6.2    Ambulatory Surgical Centres (ASC)
        6.6.3    Others
    6.7    Global Elastography Imaging Market Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026) 
        6.7.1    Hospitals, Surgical Centres, & Diagnostic Centres 
        6.7.2    Ambulatory Surgical Centres (ASC)
        6.7.3    Others
    6.8    Global Elastography Imaging Market Breakup by Region
        6.8.1    North America
            6.8.1.1    United States of America
            6.8.1.2    Canada
        6.8.2    Europe
            6.8.2.1    Germany
            6.8.2.2    United Kingdom
            6.8.2.3    France
            6.8.2.4    Italy
            6.8.2.5    Others
        6.8.3    Asia Pacific
            6.8.3.1    China
            6.8.3.2    Japan
            6.8.3.3    India
            6.8.3.4    ASEAN
            6.8.3.5    Others
        6.8.4    Latin America
            6.8.4.1    Brazil
            6.8.4.2    Argentina
            6.8.4.3    Mexico
            6.8.4.4    Others
        6.8.5    Middle East & Africa
            6.8.5.1    Saudi Arabia
            6.8.5.2    United Arab Emirates
            6.8.5.3    Nigeria
            6.8.5.4    South Africa
            6.8.5.5    Others
    6.9     Global Elastography Imaging Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        6.9.1    North America
            6.9.1.1    United States of America
            6.9.1.2    Canada
        6.9.2    Europe
            6.9.2.1    Germany
            6.9.2.2    United Kingdom
            6.9.2.3    France
            6.9.2.4    Italy
            6.9.2.5    Others
        6.9.3    Asia Pacific
            6.9.3.1    China
            6.9.3.2    Japan
            6.9.3.3    India
            6.9.3.4    ASEAN
            6.9.3.5    Others
        6.9.4    Latin America
            6.9.4.1    Brazil
            6.9.4.2    Argentina
            6.9.4.3    Mexico
            6.9.4.4    Others
        6.9.5    Middle East & Africa
            6.9.5.1    Saudi Arabia
            6.9.5.2    United Arab Emirates
            6.9.5.3    Nigeria
            6.9.5.4    South Africa
            6.9.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    Key Players & Company Profiles
    9.1    General Electric Company (NYSE: GE)
    9.2    Koninklijke Philips N.V. (AMS: PHIA)
    9.3    Siemens AG (ETR: SIE)
    9.4    Canon Medical Systems Co., Ltd.
    9.5    Hitachi, Ltd. (TYO: 6501)
    9.6    Samsung Electronics Co Ltd (KRX: 005930) 
    9.7    Fujifilm Holdings Corporation (TYO: 4901)
    9.8    Shenzhen Mindray Bio-Medl Elctrnc Co Ltd. (SHE: 300760)
    9.9    Others
10    Industry Events and Developments

Key Questions Answered in the Report

In 2020, the global elastography imaging market attained a value of nearly USD 2 billion.

The market is projected to grow at a CAGR of 7% between 2021 and 2026.

The market is estimated to grow in the forecast period of 2021-2026 to reach about USD 3 billion by 2026.

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, Koninklijke Philips N.V., Siemens AG, Canon Medical Systems Co., Ltd., Hitachi, Ltd., Samsung Electronics Co Ltd, Fujifilm Holdings Corporation, and Shenzhen Mindray Bio-Medl Elctrnc Co Ltd., among others.

Analyst Review

The global elastography imaging market attained a value of USD 2 billion in 2020, driven by the rising incidences of liver disorder and breast cancer, and the need to provide improved diagnostic services to the patients. Aided by the growing R&D activities, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 7%. The market is projected to reach USD 3 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on technique, the industry can be bifurcated into ultrasound imaging, and magnetic resonance elastography. On the basis of applications, the industry is categorised into radiology/general imaging, cardiology, obstetrics/gynaecology, urology, vascular, and orthopaedic and musculoskeletal segments, among others. By end use, the industry is divided into hospitals, surgical centres and diagnostic centres, and ambulatory surgical centres (ASC), among others. The major regional markets for elastography imaging are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include General Electric Company, Koninklijke Philips N.V., Siemens AG, Canon Medical Systems Co., Ltd., Hitachi, Ltd., Samsung Electronics Co Ltd, Fujifilm Holdings Corporation, and Shenzhen Mindray Bio-Medl Elctrnc Co Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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