Global Elastography Imaging Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Technique;
Magnetic Resonance Elastography, and Ultrasound Elastography Imaging.By Modality;
Portable, and On-platform.By End-use;
Ambulatory Surgical Centers, Hospitals, Diagnostic Centers, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Elastography Imaging Market (USD Million), 2021 - 2031
In the year 2024, the Global Elastography Imaging Market was valued at USD 3,280.85 million. The size of this market is expected to increase to USD 5,882.92 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.7%.
Elastography imaging techniques, including shear wave elastography (SWE) and strain elastography, offer clinicians valuable insights into tissue stiffness and elasticity, aiding in the diagnosis and monitoring of various medical conditions. This market encompasses a wide range of applications across multiple medical specialties, including oncology, hepatology, musculoskeletal, and obstetrics/gynecology. As healthcare providers increasingly prioritize early disease detection and personalized treatment approaches, elastography imaging emerges as a vital tool in improving patient outcomes and optimizing healthcare delivery.
Advances in ultrasound and magnetic resonance imaging (MRI) technologies have led to the development of high-resolution elastography imaging systems capable of providing real-time tissue elasticity measurements with enhanced accuracy and precision. The integration of artificial intelligence (AI) and machine learning algorithms into elastography imaging platforms enables automated image analysis, facilitating faster and more reliable diagnosis. The rising prevalence of chronic diseases such as liver fibrosis, breast cancer, and musculoskeletal disorders drives the demand for elastography imaging solutions worldwide.
Global Elastography Imaging Market Recent Developments
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In June 2023, Nikon Instruments Inc. announced the launch of "ECLIPSE Ui," an advanced microscope-based viewing system designed to facilitate seamless clinical observations for both in-person and remote pathological evaluations.
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In July 2023, at the Microscopy and Microanalysis (M&M) 2023 Conference, ZEISS Microscopy showcased its latest product offerings and emphasized new researchers through engaging interactive display features.
Segment Analysis
The Global Elastography Imaging Market is segmented by technique into strain elastography, shear wave elastography, and magnetic resonance elastography (MRE). Strain elastography is a commonly used technique that measures tissue stiffness by applying external pressure and observing the tissue's response. This method is widely utilized for liver and breast cancer assessments. Shear wave elastography is another popular technique, known for its ability to measure tissue elasticity more accurately by using ultrasound to capture the speed of shear waves traveling through the tissue. It is particularly effective in detecting liver fibrosis, tumors, and musculoskeletal disorders. Magnetic resonance elastography (MRE) is a newer, highly accurate elastography method that uses MRI to measure tissue stiffness, providing detailed images for diagnosing conditions in organs such as the liver, brain, and prostate.
The market is further segmented by modality, with key segments including ultrasound elastography, MRI elastography, and CT elastography. Ultrasound elastography is the most widely adopted modality due to its accessibility, non-invasive nature, and cost-effectiveness. It is commonly used in a variety of clinical settings to assess liver conditions, muscle disorders, and tumors. MRI elastography is preferred for more complex cases that require high-resolution imaging, particularly for brain, liver, and prostate assessments, offering superior accuracy for soft tissue analysis. CT elastography is still emerging and is being explored for its ability to combine the detailed imaging of CT scans with tissue stiffness measurement, providing an additional diagnostic tool for assessing tumors and other abnormalities in soft tissues.
In terms of end-use, the elastography imaging market serves hospitals, diagnostic imaging centers, and research institutions. Hospitals are the largest end users due to the broad range of patients requiring elastography for diagnosing liver diseases, cancers, and musculoskeletal conditions. Diagnostic imaging centers are also significant, as they specialize in advanced imaging techniques and cater to patients seeking diagnostic evaluations, especially for conditions like fibrosis or tumors. Research institutions use elastography imaging for clinical studies and the development of new treatment methods, particularly in areas such as oncology and liver diseases.
Geographically, North America dominates the market, driven by advanced healthcare infrastructure, high healthcare expenditure, and increasing prevalence of liver and cancer-related diseases. Europe and Asia Pacific are also experiencing growth, with Asia Pacific showing rapid adoption of elastography techniques due to increasing healthcare investments, rising patient awareness, and growing healthcare access in countries like China and India.
Global Elastography Imaging Segment Analysis
In this report, the Global Elastography Imaging Market has been segmented by Technique, Modality, End-use and Geography.
Global Elastography Imaging Market, By Technique
The Global Elastography Imaging Market has been segmented by Technique into Magnetic Resonance Elastography and Ultrasound Elastography Imaging.
Magnetic Resonance Elastography employs magnetic resonance imaging (MRI) technology to assess tissue stiffness by analyzing the propagation of mechanical waves through the body. It offers high spatial resolution and is particularly useful for evaluating liver fibrosis and identifying abnormalities in soft tissues like the brain and breast. Ultrasound Elastography Imaging, on the other hand, utilizes ultrasound waves to measure tissue elasticity by assessing the deformation response under external compression. It is widely employed in various medical specialties, including hepatology, musculoskeletal imaging, and oncology, due to its real-time imaging capabilities and non-invasive nature. Both techniques play crucial roles in diagnosing and monitoring a wide range of medical conditions, contributing to the growth of the elastography imaging market.
While Magnetic Resonance Elastography excels in providing detailed tissue characterization and is well-suited for deep-seated organs, Ultrasound Elastography Imaging offers real-time imaging and is more cost-effective, making it accessible in a wider range of healthcare settings. Ongoing advancements in technology, such as shear wave elastography and strain elastography, further enhance the diagnostic capabilities and clinical utility of elastography imaging techniques. The growing prevalence of chronic diseases, coupled with increasing demand for non-invasive diagnostic tools, is expected to drive market growth for both Magnetic Resonance Elastography and Ultrasound Elastography Imaging across various medical specialties and geographic regions.
Global Elastography Imaging Market, By Modality
The Global Elastography Imaging Market has been segmented by Modality into Portable and On-platform.
Portable elastography imaging devices are gaining significant traction in the market due to their versatility and convenience. These devices offer mobility and flexibility, allowing healthcare professionals to conduct elastography examinations at the point of care or in remote settings. The portability of these devices enables easy transportation between different healthcare facilities, making them ideal for use in emergency departments, ambulatory care centers, and rural healthcare settings. Portable elastography imaging devices often feature user-friendly interfaces and compact designs, enhancing ease of use and workflow efficiency for healthcare providers. The growing trend towards home healthcare and telemedicine further drives the demand for portable elastography imaging devices, enabling remote monitoring and diagnostics for patients with chronic liver diseases and other conditions.
On-platform elastography imaging devices, on the other hand, are integrated into larger imaging platforms such as ultrasound machines or MRI systems. These devices offer high-performance elastography imaging capabilities as part of comprehensive diagnostic imaging solutions. By incorporating elastography functionality into existing imaging platforms, healthcare facilities can maximize equipment utilization and streamline workflow processes. On-platform elastography imaging devices provide seamless integration with other imaging modalities, enabling multidisciplinary teams to collaborate effectively in diagnosing and managing various medical conditions. The integration of elastography imaging into established imaging platforms ensures compatibility with existing infrastructure and enables healthcare providers to leverage existing resources efficiently.
Global Elastography Imaging Market, By End-use
The Global Elastography Imaging Market has been segmented by End-use into Ambulatory Surgical Centers, Hospitals, Diagnostic Centers and Others.
Hospitals emerge as primary end-users, benefitting from their comprehensive infrastructure and capacity to handle a wide array of medical procedures. Given their role as primary care providers and referral centers for specialized treatments, hospitals constitute a significant portion of the elastography imaging market. Their extensive resources, including advanced imaging facilities and skilled healthcare professionals, position hospitals as key adopters of elastography imaging systems, catering to diverse patient needs and diagnostic requirements.
Ambulatory Surgical Centers (ASCs) also contribute notably to the global elastography imaging market. These centers offer outpatient surgical procedures, including diagnostic imaging services, in a convenient and cost-effective setting. ASCs provide a viable alternative to traditional hospital-based care, offering patients streamlined services and shorter waiting times for diagnostic procedures. With the rising trend towards outpatient care and minimally invasive procedures, ASCs play an increasingly vital role in the adoption of elastography imaging technologies. Diagnostic centers specializing in imaging services play a crucial role in the market, offering dedicated expertise in diagnostic imaging and serving as essential hubs for elastography imaging services.
Global Elastography Imaging Market, By Geography
In this report, the Global Elastography Imaging Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Elastography Imaging Market Share (%), by Geographical Region, 2024
North America emerges as a prominent player in the elastography imaging market, propelled by several factors including advanced healthcare infrastructure, high adoption rates of medical technologies, and significant investments in research and development. Countries like the United States and Canada boast well-established healthcare systems with a focus on early disease detection and personalized patient care, thus driving the demand for elastography imaging solutions. Increasing prevalence of chronic diseases such as liver fibrosis, breast cancer, and prostate cancer further fuels market growth in North America. Supportive government initiatives and favorable reimbursement policies contribute to the widespread adoption of elastography imaging techniques across various medical specialties in the region.
In Europe, countries such as Germany, the United Kingdom, and France are witnessing notable growth in the elastography imaging market. Factors such as rising incidence of chronic liver diseases, growing demand for non-invasive diagnostic tools, and advancements in medical imaging technologies drive market expansion in Europe. Collaborative efforts between healthcare institutions and research organizations facilitate the development of innovative elastography imaging solutions, enhancing diagnostic accuracy and patient outcomes. The Asia Pacific region also presents lucrative opportunities for the elastography imaging market, propelled by rapid urbanization, increasing healthcare spending, and rising prevalence of chronic diseases in countries like China, Japan, and India.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Elastography Imaging Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increase in Chronic Diseases Requiring Elastography
- Better Technology for Accurate Imaging
- Healthcare Pros Knowing Elastography Benefits
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Elastography Used in More Medical Areas - Elastography, originally developed for liver fibrosis assessment, is now finding applications across a spectrum of medical areas. Beyond liver disease, elastography is increasingly utilized in diagnosing conditions such as breast cancer, prostate cancer, thyroid nodules, and musculoskeletal disorders.
Its ability to provide quantitative tissue stiffness measurements aids in distinguishing between benign and malignant lesions, guiding treatment decisions, and monitoring disease progression. With ongoing advancements in elastography technology and increasing research efforts, the range of medical specialties benefiting from elastography is expected to continue expanding, offering clinicians valuable insights into various pathological conditions.
Restraints
- Challenges in Standardization and Interpretation
- Tough Rules and Compliance Needed
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Limited Access to Healthcare in Some Places - Despite the growing adoption of elastography imaging, limited access to healthcare facilities remains a significant barrier, particularly in rural and underserved areas. Patients residing in remote regions often face challenges in accessing specialized medical services, including elastography examinations, due to geographical constraints, inadequate healthcare infrastructure, and socioeconomic factors.
This disparity in healthcare access not only impacts timely diagnosis and management of medical conditions but also contributes to health inequities. Addressing this issue requires concerted efforts from governments, healthcare organizations, and technology providers to improve healthcare infrastructure, expand telemedicine services, and implement outreach programs to ensure equitable access to elastography imaging and other essential medical services for all individuals, regardless of their geographic location or socioeconomic status.
Opportunities
- Using AI for Faster Analysis
- Working with Researchers for New Ideas
- Teaching People About Elastography Benefits
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Tailoring Solutions for Different Medical Needs - As elastography continues to gain prominence in medical diagnostics, there's a growing recognition of the need to tailor solutions to meet the diverse medical needs of patients. Different medical specialties require specific elastography techniques and modalities tailored to their unique diagnostic challenges and clinical workflows. For instance, elastography protocols for assessing liver fibrosis may differ from those used in breast imaging or musculoskeletal evaluations.
Considerations such as patient age, body habitus, and comorbidities necessitate customization of elastography protocols to ensure optimal diagnostic accuracy and patient safety. By embracing a patient-centric approach and collaborating closely with healthcare providers, elastography device manufacturers can develop versatile solutions that address the varying requirements of different medical specialties, ultimately enhancing patient care and clinical outcomes across the healthcare continuum.
Competitive Landscape Analysis
Key players in Global Elastography Imaging Market include
- GE Healthcare
- Koninklijke Philips N.V.
- Siemens AG
- Canon Medical Systems Corporation
- Hitachi Medical Systems
- Samsung
- Fujifilm Holdings Corporation
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Technique
- Market Snapshot, By Modality
- Market Snapshot, By End-use
- Market Snapshot, By Region
- Global Elastography Imaging Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increase in Chronic Diseases Requiring Elastography
- Better Technology for Accurate Imaging
- Healthcare Pros Knowing Elastography Benefits
- Elastography Used in More Medical Areas
- Restraints
- Challenges in Standardization and Interpretation
- Tough Rules and Compliance Needed
- Limited Access to Healthcare in Some Places
- Opportunities
- Using AI for Faster Analysis
- Working with Researchers for New Ideas
- Teaching People About Elastography Benefits
- Tailoring Solutions for Different Medical Needs
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Elastography Imaging Market, By Technique, 2021 - 2031 (USD Million)
- Magnetic Resonance Elastography
- Ultrasound Elastography Imaging
- Global Elastography Imaging Market, By Modality, 2021 - 2031 (USD Million)
- Portable
- On-platform
- Global Elastography Imaging Market, By End-use, 2021 - 2031 (USD Million)
- Ambulatory Surgical Centers
- Hospitals, Diagnostic Centers
- Others
- Global Elastography Imaging Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Elastography Imaging Market, By Technique, 2021 - 2031 (USD Million)
- Competitive Landscape Analysis
- Company Profiles
- GE Healthcare
- Koninklijke Philips N.V.
- Siemens AG
- Canon Medical Systems Corporation
- Hitachi Medical Systems
- Samsung
- Fujifilm Holdings Corporation
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Company Profiles
- Analyst Views
- Future Outlook of the Market