Elastography Imaging Market Overview

Market Research Future (MRFR) studied the global elastography imaging market for the review period, As per MRFR study, the global elastography market is expected to touch 11.16% CAGR during the forecast period of 2022 to 2030, across the review tenure, the elastography market value is likely to touch USD 2,538.2 Mn. The ability to gain a proper diagnosis that is more thorough is predicted to favor the expansion of the elastography imaging market companies in the forecast period. The increased opt-ins for surgical intervention to treat diseases are foreseen to augment the elastography imaging market in the future.

Elastography imaging is a diagnostic imaging technique that maps the elastic properties and stiffness of soft tissue. The soft tissue being soft or hard is used to determine the presence of diseases in the tissue. For instance, areas afflicted by cancerous tumors are often harder than their surrounding areas. Diseased livers are also stiffer than healthy livers, making elastography imaging an effective and informative diagnostic method. Elastography imaging is a noninvasive procedure that uses ultrasound or MRI techniques to make stiffness maps of soft tissues. This has been a major driver for the global elastography imaging market, as the demand for noninvasive diagnostic procedures has grown rapidly over the last few years. Growing awareness about noninvasive procedures among patients as well as doctors is likely to be a major driver for the global Elastography Imaging Market Trends over the forecast period. Elastography imaging is also used to diagnose various chronic diseases whose prevalence is increasing around the world, such as cancer and liver cirrhosis. This is likely to be a major driver for the global elastography imaging market over the forecast period.

Besides, the increasing launches of innovative systems with easy to use technologies are helping the market to grow freely. Growing awareness about the benefits of elastography imaging technique in cancer detection, impact the growth of the market positively. Conversely, high costs of elastography imaging systems and the requirement of high initial investments are the major factors projected to impede market growth during the forecast period. Nevertheless, changes in regulatory policies and rising demand for effective therapies to treat complicated disorders would support the market growth throughout the analyzed period.

Elastography Imaging Market Segmentation

• The segment study of the global elastography imaging market is based on application, modality, and end user.
• The modality-based segments of the elastography market are magnetic resonance elastography, and ultrasound. The segment of ultrasound is likely to secure the highest market share over the analysis period owing the surging awarness about the advantages of ultrasound. The segment of magnetic resonance elastography is anticipated to earn profit for the elastography imaging market due to the easy availability of such solution and its high rate of adoption.
• The application-based segments of the elastography imaging market are obstetrics or gynecology, radiology/general imaging, urology, vascular, cardiology, musculoskeletal, and orthopedic applications among others. The segment of radiology or general imaging is anticipated to generate decent profit for the global elastography imaging market as occurrences of chronic diseases is noted to surge. The segment of cardiology is likely to thrive at a healthy CAGR as the population of patient is observed to surge in recent years.
• The end user-based segments of the elastography market are research laboratories, hospitals & ambulatory surgical centers, and diagnostic centers among others. The segment of hospitals and ambulatory surgical centers is likely to secure decent share of the worldwide market in the near future. The surge in count of hospitals as well as rise in hospitalizations are causes that can promote the growth of the market through the hospital segment. The segment of diagnostic centers is expected thrive at the highest CAGR as the inclination of physicians towards non-invasive diagnostic procedure to reduce risk for patient with chronic disease. In addition, the increase in establishment of diagnosis centers can favor the elastography imaging market rise in the years ahead.

Elastography Imaging Market Regional Analysis

North America dominates the global elastography imaging market. The largest market share attributes to the rising numbers of cancer patients and the high adoption of new technology in the region.  Besides, the presence of major market players and the increasing usages of elastography imaging techniques for the detection of cancer are spurring market growth. Also, the high healthcare expenses and technological advances in elastography imaging drive the regional market growth.

Additional factors such as the increasing R&D expenses, the increase in the insurance coverage, and improving reimbursement scenario in the US & Canada fuel the growth of the regional market. The North American elastography imaging market is expected to retain its dominance over the global market throughout the assessment period.

Europe holds the second-largest share in the global elastography imaging market. The market is majorly driven by the considerable growth in the occurrences of cancer and the increasing support & funding from regulatory authorities to control the rising prevalence of cancer. Moreover, factors such as the presence of well-established healthcare systems and the rising per capita healthcare spending, drive the regional market growth. Also, augmenting demand for innovative diagnosis techniques has been increasing the elastography imaging market size.

The elastography imaging market in the Asia Pacific region is growing briskly. The market is predominantly led by raising awareness about the advantages of elastography imaging systems in the detection & treatment of cancer. Additionally, the increasing number of patients with chronic diseases and government initiatives for healthcare reforms push the market growth excellently. Furthermore, factors such as the increasing healthcare expenses, resurging economy in the region, and spreading awareness about elastography techniques, influence the growth of the regional market. Elastography Imaging Market Players

• Esaote
• Canon Medical Systems Corporation
• Resoundant Inc
• Hitachi Ltd.
• Siemens AG
• Fujifilm Holdings Corporation
• Koninklijke Philips N.V.
• Mindray Medical International Ltd.
• Supersonic Imagine
• Samsung Electronics (Samsung Medison)
• General Electric Company

Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/elastography-imaging-market-8070

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: sales@marketresearchfuture.com