The global elastography imaging market size attained a value of USD 2.29 billion in 2022. The market is anticipated to grow at a CAGR of 7.0% during the forecast period of 2023-2031 to attain a value of USD 4.21 billion by 2031.
Elastography imaging is used in a variety of medical applications, including:
1. Cancer detection: Elastography can help identify cancerous tissues by detecting changes in tissue stiffness. Tumours are often stiffer than normal tissue, and elastography can help doctors pinpoint the exact location of a tumour and determine its size and extent.
2. Liver disease: Elastography is also commonly used to diagnose liver disease, such as cirrhosis, fibrosis, or fatty liver disease. By measuring the stiffness of the liver, doctors can determine the degree of damage and monitor the progression of the disease.
3. Musculoskeletal disorders: Elastography can help diagnose and monitor musculoskeletal disorders, such as muscle strains or tears, tendonitis, or arthritis. By measuring the elasticity of the affected tissue, doctors can determine the extent of the injury and assess the effectiveness of treatment.
The benefits of elastography imaging are numerous, including:
Industry Trends:
Elastography Imaging Market: Introduction
Elastography imaging is a medical imaging technique that measures the stiffness and elasticity of tissues. It is a non-invasive method that uses ultrasound waves, magnetic resonance imaging (MRI), or other imaging modalities to create images of tissues and organs that depict their stiffness or elasticity.Elastography imaging is used in a variety of medical applications, including:
1. Cancer detection: Elastography can help identify cancerous tissues by detecting changes in tissue stiffness. Tumours are often stiffer than normal tissue, and elastography can help doctors pinpoint the exact location of a tumour and determine its size and extent.
2. Liver disease: Elastography is also commonly used to diagnose liver disease, such as cirrhosis, fibrosis, or fatty liver disease. By measuring the stiffness of the liver, doctors can determine the degree of damage and monitor the progression of the disease.
3. Musculoskeletal disorders: Elastography can help diagnose and monitor musculoskeletal disorders, such as muscle strains or tears, tendonitis, or arthritis. By measuring the elasticity of the affected tissue, doctors can determine the extent of the injury and assess the effectiveness of treatment.
The benefits of elastography imaging are numerous, including:
- Non-invasive: Elastography is a non-invasive technique that does not require surgery or the use of contrast agents, reducing the risk of complications and side effects
- Accurate: Elastography provides accurate and reliable information about the stiffness and elasticity of tissues, allowing doctors to make more informed decisions about diagnosis and treatment
- Early detection: Elastography can detect changes in tissue stiffness before they are visible on traditional imaging studies, allowing for earlier detection and intervention
- Cost-effective: Elastography is a cost-effective alternative to more invasive diagnostic procedures, such as biopsies or surgeries
Elastography Imaging Market Segmentations
The market can be categorised into technique, application, end user, and region.Elastography Imaging Market Breakup by Technique
- Ultrasound Imaging
- Magnetic Resonance Elastography
Elastography Imaging Market Breakup by Application
- Radiology/General Imaging
- Obstetrics/Gynecology
- Urology
- Vascular
- Orthopaedic and Musculoskeletal Applications
- Others
Market Breakup by Therapy End User
- Hospitals, Surgical Centres, and Diagnostic Centres
- Ambulatory Surgical Centres (ASC)
- Others
Elastography Imaging Market Breakup by Region
North America
- United States of America
- Canada
Europe
- United Kingdom
- Germany
- France
- Italy
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Elastography Imaging Market Scenario
Elastography imaging is a medical imaging technique that measures the stiffness or elasticity of tissues in the human body. The technology is used to diagnose various medical conditions, including liver fibrosis, breast cancer, and prostate cancer. Elastography imaging has several advantages over traditional imaging techniques, such as ultrasound and MRI, including higher sensitivity and specificity, faster imaging times, and lower cost.Industry Trends:
- The global elastography imaging market is expected to experience significant growth in the coming years, driven by the increasing prevalence of chronic diseases, such as cancer and liver disease. According to the World Health Organization (WHO), cancer is the second leading cause of death globally, accounting for an estimated 9.6 million deaths in 2018. Liver disease is also a growing concern, with an estimated 844 million people affected worldwide. Elastography imaging is becoming an increasingly important tool in the diagnosis and monitoring of these diseases
- The market for elastography imaging is also being driven by technological advancements. Companies are investing in research and development to improve the accuracy and speed of elastography imaging, as well as to develop new applications for the technology. For example, some companies are developing elastography imaging systems for use in ophthalmology, to detect changes in the stiffness of the eye that can be indicative of diseases such as glaucoma
- North America and Europe are currently the largest markets for elastography imaging, due to the high prevalence of chronic diseases in these regions, as well as the presence of large number of key market players. However, the Asia-Pacific region is expected to experience the highest growth in the coming years, due to the increasing adoption of advanced medical technologies and the rising incidence of chronic diseases in the region
Key Players in the Global Elastography Imaging Market
The report gives an in-depth analysis of the key players involved in the elastography Imaging market, sponsors manufacturing the drugs, and putting them through trials to get FDA approvals. The companies included in the market are as follows:- General Electric Company (NYSE: GE)
- Koninklijke Philips N.V
- Siemens Healthcare Private Limited
- Canon Inc
- Samsung
- Fujifilm Holdings Corporation
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd
- Clarius Mobile Health
- Hitachi,Ltd
- Hologic Inc
- Esaote SpA
- Supersonic Imagine
- Resoundant Inc
- Mindray Medical International Ltd.
Table of Contents
1 Preface
3 Global Elastography Imaging Market Overview
4 Global Elastography Imaging Market Landscape
5 Global Elastography Imaging Market Dynamics
6 Global Elastography Imaging Market Segmentation
7 North America Elastography Imaging Market
8 Europe Elastography Imaging Market
9 Asia Pacific Elastography Imaging Market
10 Latin America Elastography Imaging Market
11 Middle East and Africa Elastography Imaging Market
12 Patent Analysis
13 Grants Analysis
14 Funding Analysis
15 Partnership and Collaborations Analysis
16 Regulatory Framework
17 Supplier Landscape
18 Global Elastography Imaging Market - Distribution Model (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
21 Payment Methods (Additional Insight)
Companies Mentioned
- General Electric Company (Nyse: Ge)
- Koninklijke Philips N.V.
- Siemens Healthcare Private Limited
- Canon Inc.
- Samsung
- Fujifilm Holdings Corporation
- Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
- Clarius Mobile Health
- Hitachi,Ltd
- Hologic Inc
- Esaote Spa
- Supersonic Imagine
- Resoundant Inc.
- Mindray Medical International Ltd.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 147 |
Published | May 2023 |
Forecast Period | 2023 - 2031 |
Estimated Market Value ( USD | $ 2.45 Billion |
Forecasted Market Value ( USD | $ 4.21 Billion |
Compound Annual Growth Rate | 7.0% |
Regions Covered | Global |
No. of Companies Mentioned | 14 |