Navigating the Future: Elastography Imaging Market Trends and Forecast Insights, 2025 Edition

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Elastography Imaging Market Size Growth Forecast: What to Expect by 2025?
In recent times, the size of the elastography imaging market has experienced robust growth. It is anticipated to amplify from $3.56 billion in 2024 to about $3.87 billion in 2025, marking a compound annual growth rate (CAGR) of 8.6%. The noteworthy growth that was observed in the previous era can be largely credited to the clinical verification and acknowledgment, initiation of shear wave elastography, the application of this technology beyond liver imaging, and the creation of advanced software and algorithms.

How Will the Elastography Imaging Market Size Evolve and Grow by 2029?
The market size of elastography imaging is predicted to expand swiftly in the coming years, reaching $5.77 billion in 2029 with a compound annual growth rate (CAGR) of 10.5%. The anticipated growth over the forecast period is likely due to factors such as market development and growth, worldwide health care trends, cost-effectiveness, affordability, the growing demand for non-invasive diagnostic methods, and acceptance in the medical field. The forecast period is also expected to see significant trends like advancements in clinical practice, the incorporation of shear wave elastography (swe), real-time imaging, integration of multimodal imaging, and broadening clinical applications.

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What Drivers Are Propelling the Growth of Elastography Imaging Market Forward?
Growth in the elastography imaging market is anticipated to be driven by an increasing prevalence of chronic liver and breast cancer. This refers to a condition where liver cells proliferate uncontrollably, leading to potentially fatal diseases. Elastography, an ultrasound-based method, is often used in hepatology to measure liver stiffness in patients with chronic liver disease. Consequently, the escalating prevalence of chronic liver and breast cancer bolsters the elastography imaging market's growth. To illustrate, the 'Cancer Facts and Figures 2023' report by the American Cancer Society, a voluntary health organization in the U.S., revealed in January 2023, that the number of new cases of liver and intrahepatic bile duct cancer among women in 2023 had reached 13,230 in the U.S. Thus, the increasing prevalence of chronic liver and breast cancer is spurring the growth of the elastography imaging market.

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What Are the Key Trends Driving Elastography Imaging Market Growth?
The growing demand for contemporary elastography imaging devices equipped with advanced technology is witnessing a surge in the elastography imaging sector. This trend is encouraging leading firms in this market to invest in the development of highly advanced elastography imaging devices to maintain their market dominance. As an example, Mindray Medical International Limited, a medical instrumentation manufacturer based in China, introduced its Resona I9 Ultrasound Machine in May 2022. This machine, which is based on Shear Wave Elastography (SWE), features an adaptable E-Ink keys, a smart iConsole control panel, and a battery that runs for two hours. The Resona I9 boasts advanced ultrasound functionality, delivering a balanced blend of resolution, tissue uniformity, and clear imaging made possible by Mindray's revolutionary ZONE Sonography Technology+ (ZST+). Enhanced frame rates, improved refresh rates, and smoother transitions can be garnered with the aid of shear-wave elastography in the I9.

What Are the Key Segments in the Elastography Imaging Market?
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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Who Are the Key Players Shaping the Elastography Imaging Market's Competitive 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.

What Geographic Markets Are Powering 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

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