Elastography Imaging Market Deep Research Report with Forecast to 2031

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Elastography Imaging Market Size, Share & Trends Analysis Report By Modality (Ultrasound Elastography, Magnetic Resonance Elastography), By Application (Radiology, Cardiology, Urology, Vascular, Obstetrics), By End-use (Hospitals, ASCs), Region, Market Outlook And Industry Analysis 2031"

The Global Elastography Imaging Market Size is valued at 2.26 billion in 2023 and is predicted to reach 3.98 billion by the year 2031 at a 7.4% CAGR during the forecast period for 2024-2031.

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Elastography is a specialized medical imaging technique designed to assess the elastic properties and stiffness of soft tissues. This diagnostic method plays a vital role in differentiating between healthy and diseased tissue, as abnormalities such as cancerous tumors or fibrotic liver tissue typically exhibit increased stiffness compared to surrounding healthy areas. Commonly performed using ultrasound or magnetic resonance imaging (MRI), elastography generates both anatomical images and elasticity maps to aid in clinical evaluation.

The technique involves the application of low-frequency mechanical vibrations to measure tissue response, offering valuable insights into organ health in real-time. Magnetic Resonance Elastography (MRE), in particular, utilizes these vibrations in conjunction with MRI to produce an elastogram-a visual representation that quantifies tissue stiffness. MRE is widely employed to assess liver conditions, particularly in identifying and staging chronic liver diseases associated with fibrosis and inflammation.

List of Prominent Players in the Elastography Imaging Market:
• CANON MEDICAL SYSTEMS CORPORATION
• Esaote SpA
• Fujifilm Corporation
• GE Healthcare
• Supersonic Imagine
• Hologic, Inc
• Koninklijke Philips N.V.
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
• Resoundant, Inc
• Siemens

Market Dynamics:
Drivers-
Breast cancer remains a major health concern globally, affecting women in both developed and developing countries. According to the American Cancer Society, it is the second-leading cause of cancer-related mortality among women worldwide. Similarly, data from the U.S. Centers for Disease Control and Prevention (CDC) indicate a 5.3% annual increase in deaths due to chronic liver disease in the United States between 2012 and 2016, with male patients experiencing higher mortality rates than females from cirrhosis and chronic liver conditions during the 2006-2016 period.

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Challenges:
New and smaller companies face significant barriers to entry in the elastography imaging market, primarily due to the high capital investments required for product development and innovation. Success in this space demands continuous advancements in technology and product features, along with sustained investment in research and development. Additionally, achieving economies of scale and maintaining cost-effective operations are critical to competing in this highly specialized market.

Regional Trends:
North America is expected to lead the elastography imaging market during the forecast period, driven by the increasing incidence of chronic diseases, including breast cancer, liver disorders, cardiovascular conditions, and musculoskeletal issues. The region benefits from strong healthcare infrastructure, higher healthcare expenditure, and active participation by key market players. Furthermore, growing demand for non-invasive and minimally invasive diagnostic methods will further accelerate the adoption of elastography imaging technologies in the region over the coming years.

Recent Developments:
• In May 2022, HiFR Sound Touch Elastography was a component of the Resona I9 Advanced Technologies introduced by Mindray. It made it possible for quicker refresh rates and smoother transition times for more reliable acquisition and evaluation during live 2D shear wave imaging.
• In March 2022, Real-time Tissue Elastography (RTE) and Shear Wave Measurement (SWM), which color-code and quantify tissue stiffness, respectively, are two new ultrasound technologies from FUJIFILM Healthcare Europe that support comprehensive diagnoses of hepatic diseases like hepatitis, hepatic fibrosis, and hepatic cirrhosis.

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Segmentation of Elastography Imaging Market-
By Modality-
• Ultrasound
• Magnetic Resonance
By Application-
• Radiology/general imaging
• Cardiology
• OB/GYN
• Urology
• Vascular
• Orthopedic and musculoskeletal applications
• Other applications
By End-User-
• Hospitals
• Surgical centers
• Diagnostic centers
• Ambulatory surgical centers
• Other end-users
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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This release was published on openPR.