Elastography Imaging Market Report: Trends, Forecast and Competitive Analysis to 2030

Elastography Imaging Trends and Forecast

The future of the global elastography imaging market looks promising with opportunities in the radiology/general imaging, cardiology, obstetrics/gynecology, urology, and vascular markets. The global elastography imaging market is expected to reach an estimated $5.32 billion by 2030 with a CAGR of 10.5% from 2024 to 2030. The major drivers for this market are growing cases of breast cancer and chronic liver diseases, increasing inclination towards minimally invasive surgery, and rising demand of advanced diagnostic techniques.

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Elastography Imaging by Segment

The study includes a forecast for the global elastography imaging by modality, application, end use industry, and region.

Elastography Imaging Market by Modality [Shipment Analysis by Value from 2018 to 2030]:

• Magnetic Resonance Elastography
• Ultrasound Elastography Imaging

Elastography Imaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Radiology/General Imaging
• Cardiology
• Obstetrics/Gynecology
• Urology
• Vascular
• Others

Elastography Imaging Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals and Clinics
• Diagnostic labs
• Maternity Centers
• Ambulatory Surgical Centers
• Others

Elastography Imaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Elastography Imaging Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies elastography imaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the elastography imaging companies profiled in this report include-

• Hitachi
• GE Healthcare
• Canon
• Shenzhen Mindray Bio-Medical Electronics
• Clarius Mobile Health
• Hologic
• Esaote Spa
• Koninklijke Philips N.V.
• Fujifilm Corporation
• Siemens Healthineers

Elastography Imaging Market Insights

Lucintel forecasts that magnetic resonance elastography is expected to witness higher growth over the forecast period due to its increasing adoption in the diagnosis of advanced liver fibrosis.

Within this market, radiology/general imaging will remain the largest segment due to growing demand for high-quality diagnostic and therapeutic imaging capabilities as well as a rising awareness towards radiation dose concerns with other imaging modalities.

North America will remain the largest segment over the forecast period due to the increasing adoption of technologically advanced imaging systems, rising healthcare expenditure and the presence of major key players in the region.

Features of the Global Elastography Imaging Market

Market Size Estimates: Elastography imaging market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Elastography imaging market size by modality, application, end use industry, and region in terms of value ($B).

Regional Analysis: Elastography imaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different modalities, applications, end use industries, and regions for the elastography imaging market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the elastography imaging market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the elastography imaging market size?

Answer: The global elastography imaging market is expected to reach an estimated $5.32 billion by 2030.

Q.2 What is the growth forecast for elastography imaging market?

Answer: The global elastography imaging market is expected to grow with a CAGR of 10.5% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the elastography imaging market?

Answer: The major drivers for this market are growing cases of breast cancer and chronic liver diseases, increasing inclination towards minimally invasive surgery, and rising demand of advanced diagnostic techniques.

Q4. What are the major segments for elastography imaging market?

Answer: The future of the elastography imaging market looks promising with opportunities in the radiology/general imaging, cardiology, obstetrics/gynecology, urology, and vascular markets.

Q5. Who are the key elastography imaging market companies?

Answer: Some of the key elastography imaging companies are as follows:

• Hitachi
• GE Healthcare
• Canon
• Shenzhen Mindray Bio-Medical Electronics
• Clarius Mobile Health
• Hologic
• Esaote SpA
• Koninklijke Philips N.V.
• Fujifilm Corporation
• Siemens Healthineers

Q6. Which elastography imaging market segment will be the largest in future?

Answer: Lucintel forecasts that magnetic resonance elastography is expected to witness higher growth over the forecast period due to its increasing adoption in the diagnosis of advanced liver fibrosis.

Q7. In elastography imaging market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest segment over the forecast period due to the increasing adoption of technologically advanced imaging systems, rising healthcare expenditure and the presence of major key players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the elastography imaging market by modality (magnetic resonance elastography, and ultrasound elastography imaging), application (radiology/general imaging, cardiology, obstetrics/gynecology, urology, vascular, and others), end use industry (hospitals and clinics, diagnostic labs, maternity centers, ambulatory surgical centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?