Press release
Elastography Imaging Market Advancements: Promising Growth, Key Trends, and Market Players
Booming Elastography Imaging Market: Future Predictions and Growth DriversWhat Is The Projected Market Size Of The Global Elastography Imaging Market And Its Growth Rate?
The elastography imaging market has shown considerable growth recently and the trend is expected to continue. Key market statistics include:
- Market size was $3.56 billion in 2024.
- The market size is expected to grow to $3.91 billion in 2025, indicating a Compound Annual Growth Rate (CAGR) of 9.6%.
- The market size is projected to escalate to $5.8 billion in 2029 at a CAGR of 10.4%.
What Is Driving The Growth In The Elastography Imaging Market?
The rising incidence of chronic liver and breast cancers is a significant driver behind the growth of the elastography imaging market. Elastography, an ultrasound-based technique, is increasingly being used to determine the stiffness of the liver in people diagnosed with chronic liver disease. With the increasing prevalence of these conditions, for instance, the number of new cases of liver and intrahepatic bile duct cancer in women alone reached 13,230 in 2023 in the US, the demand for elastography imaging is expected to rise considerably.
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Who Are the Key Players Driving Elastography Imaging Market Growth?
Significant companies in the elastography imaging market include:
- Canon Medical Systems Corporation
- Esaote S.p.A.
- GE Healthcare Technologies Inc.
- Koninklijke Philips N.V.
- Mindray Bio-Medical Electronics Co. Ltd.
- Samsung Medison Co. Ltd.
- Siemens Healthineers AG
- Clarius Mobile Health Corp.
- Toshiba America Medical Systems Inc.
- SuperSonic Imagine
- Resoundant Inc.
- Shimadzu Corporation
- BK Medical Holding Company Inc.
- SonoScape Medical Corp.
- Philips Healthcare
- Hitachi Medical Systems
- Fujifilm Holdings Corporation
- Analogic Corporation
- Exact Imaging Inc.
- Echosens
- Konica Minolta Healthcare Americas Inc.
- Arterys Inc.
- Fovia Medical Inc.
- QT Ultrasound LLC
- Healcerion Co. Ltd.
- EDAP TMS Inc.
What Are The Key Trends In The Elastography Imaging Market?
Key trends in the elastography imaging market include:
- Clinical advancements
- Integration of shear wave elastography (SWE)
- Real-time imaging
- Multimodal imaging integration
- Expanding clinical applications
What Are The Segments Of The Global Elastography Imaging Market?
The elastography imaging market comprises the following segments:
- By Modality: Ultrasound, Magnetic Resonance
- By Application: Radiology, Cardiology, Obstetrics, Urology, Vascular, Orthopedic and Musculoskeletal, Other Applications
- By End Use: Hospitals, Ambulatory Surgery Centers, Other End Uses
Which Region Leads The Elastography Imaging Market?
Asia-Pacific was the largest region in the elastography imaging market in 2024. The regional coverage of this market report includes Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Elastography Imaging Market Global Market Report?
- Market Size Analysis: Analyze the Elastography Imaging Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Elastography Imaging Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Elastography Imaging Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Elastography Imaging Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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