Global Elastography Imaging Market, By Technique (Ultrasound Elastography Imaging, 1D transient Elastography, Point Shear-Wave Elastography, Shear-Wave Elastography, Magnetic Resonance Elastography), Modality (Portable, On-Platform), Application (Radiology/General Imaging, Cardiology, Obstetrics/Gynecology, Urology, Vascular, Orthopedic and Musculoskeletal, Others), End Users (Hospitals, Clinics, Diagnostic Laboratories, Surgical Centers and Diagnostic Centers, Ambulatory Surgical Centers, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Elastography Imaging Market
The elastography imaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 7.80 billion by 2028 and will grow at a CAGR of 9.23% in the above mentioned forecast period.
Elastography imaging is a type of method of diagnosis of soft tissues of patients. This detection of softness or hardness results in separating identifying any disorders with the patient. This imaging technique is used majorly in ultrasound or MRI to give a visual image of the diagnostic area. It is a minimally-invasive diagnostic method for detecting cancerous cell disparate biopsies which are generally quite painful.
The rise in incidence of breast cancer and chronic liver diseases is amongst the important factor expected to intensify the growth and demand of elastography imaging market. In addition, the high demand for minimally invasive procedures and increase in target population are also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the various benefits associated to elastography imaging such as operator independence, reproducibility and the capability to assess tissue elasticity in a quantitative, qualitative and semi-quantitative way are also likely to enhance the growth of the market. Furthermore, the rise in incidence of numerous cancers across the globe coupled with rapid technological advancements in elastography imaging is also one of the significant factors expected to fuel the growth of the elastography imaging market.
The large amount of continuing research, high demand in emerging nations for sophisticated diagnostic methods and rise in government initiatives for cancer screening are anticipated to offer significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the high cost of elastography imaging systems along with unfavorable reimbursement scenario are expected to curb the growth of the elastography imaging market, whereas the survival of small players and entry barriers for new Players can challenge the growth of the elastography imaging market.
This elastography imaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players. The report also analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the elastography imaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Elastography Imaging Market Scope and Market Size
The elastography imaging market is segmented on the basis of technique, modality, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of technique, the elastography imaging market is segmented into ultrasound elastography imaging, 1D transient elastography, point shear-wave elastography, shear-wave elastography and magnetic resonance elastography.
- On the basis of modality, the elastography imaging market is segmented into portable and on-platform.
- Based on application, the elastography imaging market is segmented into radiology/general imaging, cardiology, obstetrics/gynecology, urology, vascular, orthopedic and musculoskeletal and others.
- The end user segment of elastography imaging market is segmented into hospitals, clinics, diagnostic laboratories, surgical centers and diagnostic centers, ambulatory surgical centers and others.
Elastography Imaging Market Country Level Analysis
The elastography imaging market is analyzed and market size insights and trends are provided by country, technique, modality, application and end user as referenced above.
The countries covered in the elastography imaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the elastography imaging market owing to the strong presence of a large number of global players and rise in efforts by manufacturers for commercialization and increase in importance among end-users for the use of these systems. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rise in geriatric population, better healthcare services and rapid economic growth.
The country section of the elastography imaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The elastography imaging market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for elastography imaging market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the elastography imaging market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Elastography Imaging Market Share Analysis
The elastography imaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to elastography imaging market.
The major players covered in the elastography imaging market report are GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., Siemens Healthcare NV/SA, CANON MEDICAL SYSTEMS CORPORATION, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Hitachi, Ltd., SAMSUNG, FUJIFILM Corporation, ESAOTE SPA, Supersonic Imagine, Resoundant, Inc., Advanced Instrumentations, Carestream Health, Hologic Inc., BK Medical Holding Company, Inc., Medtronic, Shimadzu Corporation, Boston Scientific Corporation, Shenzhen Landwind Industry Co., Ltd., and SonoScape Medical Corp, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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