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Top Factor Driving Elastography Imaging Market Growth in 2025: Elastography Imaging Market Surges Amidst Growing Incidence Of Chronic Liver And Breast Cancer
"What market dynamics are playing a key role in accelerating the growth of the elastography imaging market?The increase in chronic liver and breast cancer cases is predicted to accelerate the elastography imaging market's expansion. This condition is characterized by uncontrolled growth and multiplication of liver cells, resulting in a potentially fatal disease. Elastography, a method based on ultrasound, is commonly employed in hepatology to measure liver stiffness in individuals with chronic liver disease. Consequently, the growing prevalence of chronic liver and breast cancer bolsters the elastography imaging market's growth. For example, the 'Cancer Facts And Figures 2023' report, released by the American Cancer Society, a national nonprofit health organization based in the US, disclosed in January 2023 that the new cases of liver and intrahepatic bile duct cancer among females had risen to 13,230 in 2023 in the United States. Hence, the escalating occurrence of chronic liver and breast cancer is propelling the elastography imaging market's growth.
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How will the growth rate of the elastography imaging market shape industry trends by 2034?
The market size for elastography imaging has seen substantial growth in the past years. The market is projected to expand from $3.56 billion in 2024 to $3.91 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.6%. Factors like clinical validation and acceptance, the emergence of shear wave elastography, its extension beyond liver imaging, and the advancement of software and algorithms have contributed to its growth during the historical period.
Future predictions indicate a swift expansion in the elastography imaging market. The expected growth is slated to reach ""$5.8 billion by 2029, progressing at a compound annual growth rate (CAGR) of 10.4%. The surge during this prediction period can be ascribed to factors like market growth and expansion, global healthcare evolutions, cost-effectiveness and accessibility, the mounting demand for non-invasive diagnostic methods, and the adoption and acceptance in the clinical area. Prominent trends in the forecast period consist of clinical breakthroughs, the incorporation of shear wave elastography (SWE), imaging in real-time, the confluence of multimodal imaging, and the broadening range of clinical applications.
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What trends are poised to drive the future success of the elastography imaging market?
The trend of using high-tech elastography imaging devices is on the rise in the elastography imaging market. In order to maintain their market position, leading companies in the field are turning their focus towards these advanced devices. Mindray Medical International Limited, a medical instrument manufacturer based in China, illustrates this trend. In May 2022, the company launched the Resona I9 Ultrasound Machine, a system that utilizes Shear Wave Elastography (SWE) and includes features such as an intelligent iConsole control panel and customizable E-Ink keys; it also has the capacity to operate for 2 hours on battery power alone. This cutting-edge machine leverages Mindray's ZONE Sonography Technology+ (ZST+), a revolutionary capability that delivers optimized resolution, tissue homogeneity, and sharp imaging. I9's usage of shear-wave elastography permits increased frame and refresh rates along with smoother transitions.
Which primary segments of the elastography imaging market are driving growth and industry transformations?
The elastography imaging market covered in this report is segmented -
1) By Modality: Ultrasound, Magnetic Resonance
2) By Application: Radiology, Cardiology, Obstetrics, Urology, Vascular, Orthopedic and Musculoskeletal, Other Applications
3) By End Use: Hospitals, Ambulatory Surgery Centers, Other End Uses
Subsegments:
1) By Ultrasound: Shear Wave Elastography (SWE), Strain Elastography, Acoustic Radiation Force Impulse (ARFI) Imaging
2) By Magnetic Resonance: Magnetic Resonance Elastography (MRE), Diffusion-Weighted Imaging (DWI) With Elastography, Dynamic Contrast-Enhanced Imaging With Elastography
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Which geographical regions are pioneering growth in the elastography imaging market?
Asia-pacific was the largest region in the elastography imaging market in 2024. The regions covered in the elastography imaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the elastography imaging market landscape?
Major companies operating 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.
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What Is Covered In The Elastography Imaging Global Market Report?
• Market Size Forecast: Examine the elastography imaging market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the elastography imaging market for a structured understanding.
• Key Players Overview: Analyze major players in the elastography imaging market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the elastography imaging market.
• Segment Contributions: Evaluate how different segments drive overall growth in the elastography imaging market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the elastography imaging market.
• Industry Challenges: Identify potential risks and obstacles affecting the elastography imaging market.
• Competitive Landscape: Review strategic developments in the elastography imaging market, including expansions, agreements, and new product launches.
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