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Global Elastography Imaging Market to reach USD 6.5 billion by 2027

Global Elastography Imaging Market Size study, by Modality (Ultrasound Elastography, Magnetic Resonance Elastography), by Application (Cardiology, Radiology, Urology, Vascular, Obstetrics/Gynecology, Others), by End-User (Hospitals, Ambulatory Surgical Centers, Surgical & Diagnostic Centers) and Regional Forecasts 2020-2027

Product Code: HALMDAE_65401135
Publish Date: 14-12-2020
Page: 200

Global Elastography Imaging Market is valued approximately at USD 2.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 11.1% over the forecast period 2020-2027. Elastography imaging is a technique that represents the elastic attributes and severity of soft tissue through utilizing the imaging modality, such as magnetic resonance and ultrasound imaging. The core concept of elastography imaging is that: it provides accurate diagnostic information about the presence of diseases when tissue is either soft or hard, which can lead to proper treatment or diagnosis of the certain diseases. It is further used for obtaining supplementary diagnostic information in comparison to a mere anatomical image, and often is used to monitor biopsies. The increase in elastography imaging market is imputed to the fact that the preference for non-invasive procedures is relentlessly expanding across the globe. Moreover, the rise in prevalence of breast cancer and chronic liver diseases coupled with growing awareness about the benefit of elastography imaging are few other factors responsible for the CAGR of the market during the forecast period. According to the World Cancer Research Fund International (WCRFI), breast cancer is one of the most frequent form of cancer around the world, with an average of 2 million new cases found among women each year. Likewise, the American Cancer Research Society (ACRS) also anticipated that the prevalence rate of breast cancer is likely to reach more than 9.9 million cases with around 5.5 million annual deaths by the year 2030 due to the rising geriatric aging. This, in turn, is likely to accelerate the adoption of elastography imaging systems, thus accelerating the market growth all over the world. However, the high cost of elastography imaging systems and unfavorable reimbursement scenario are the few factors inhibiting the market growth over the forecast period of 2020-2027.

The regional analysis of the global Elastography Imaging market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the early adoption of advanced elastography imaging system along with the presence of a significant number of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in prevalence of cardiology diseases and cancer aligned with the improving healthcare infrastructure in developing nations, such as China and India, would create lucrative growth prospects for the Elastography Imaging market across the Asia-Pacific region.

Major market player included in this report are:
General Electric Company
Koninklijke Philips N.V.
Siemens AG
Canon Medical Systems Corporation
Hitachi Ltd.
Samsung Electronics
Fujifilm Holdings Corporation
Mindray Medical International Ltd.
Supersonic Imagine
Resoundant Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Modality:
Ultrasound Elastography
Magnetic Resonance Elastography

By Application:

By End-User:
Ambulatory Surgical Centers
Surgical & Diagnostic Centers

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Elastography Imaging Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Elastography Imaging Market, by Region, 2018-2027 (USD Billion)
1.2.2. Elastography Imaging Market, by Modality, 2018-2027 (USD Billion)
1.2.3. Elastography Imaging Market, by Application, 2018-2027 (USD Billion)
1.2.4. Elastography Imaging Market, by End-User, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Elastography Imaging Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Elastography Imaging Market Dynamics
3.1. Elastography Imaging Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Elastography Imaging Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Elastography Imaging Market, by Modality
5.1. Market Snapshot
5.2. Global Elastography Imaging Market by Modality, Performance – Potential Analysis
5.3. Global Elastography Imaging Market Estimates & Forecasts by Modality 2017-2027 (USD Billion)
5.4. Elastography Imaging Market, Sub Segment Analysis
5.4.1. Ultrasound Elastography
5.4.2. Magnetic Resonance Elastography
Chapter 6. Global Elastography Imaging Market, by Application
6.1. Market Snapshot
6.2. Global Elastography Imaging Market by Application, Performance – Potential Analysis
6.3. Global Elastography Imaging Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. Elastography Imaging Market, Sub Segment Analysis
6.4.1. Cardiology
6.4.2. Radiology
6.4.3. Urology
6.4.4. Vascular
6.4.5. Obstetrics/Gynecology
6.4.6. Others
Chapter 7. Global Elastography Imaging Market, by End-User
7.1. Market Snapshot
7.2. Global Elastography Imaging Market by End-User – Potential Analysis
7.3. Global Elastography Imaging Market Estimates & Forecasts by End-User 2017-2027 (USD Billion)
7.4. Elastography Imaging Market, Sub Segment Analysis
7.4.1. Hospitals
7.4.2. Ambulatory Surgical Centers
7.4.3. Surgical & Diagnostic Centers
Chapter 8. Global Elastography Imaging Market, Regional Analysis
8.1. Elastography Imaging Market, Regional Market Snapshot
8.2. North America Elastography Imaging Market
8.2.1. U.S. Elastography Imaging Market Modality breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027 End-User breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Elastography Imaging Market
8.3. Europe Elastography Imaging Market Snapshot
8.3.1. U.K. Elastography Imaging Market
8.3.2. Germany Elastography Imaging Market
8.3.3. France Elastography Imaging Market
8.3.4. Spain Elastography Imaging Market
8.3.5. Italy Elastography Imaging Market
8.3.6. Rest of Europe Elastography Imaging Market
8.4. Asia-Pacific Elastography Imaging Market Snapshot
8.4.1. China Elastography Imaging Market
8.4.2. India Elastography Imaging Market
8.4.3. Japan Elastography Imaging Market
8.4.4. Australia Elastography Imaging Market
8.4.5. South Korea Elastography Imaging Market
8.4.6. Rest of Asia Pacific Elastography Imaging Market
8.5. Latin America Elastography Imaging Market Snapshot
8.5.1. Brazil Elastography Imaging Market
8.5.2. Mexico Elastography Imaging Market
8.6. Rest of The World Elastography Imaging Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. General Electric Company Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Koninklijke Philips N.V.
9.2.3. Siemens AG
9.2.4. Canon Medical Systems Corporation
9.2.5. Hitachi Ltd.
9.2.6. Samsung Electronics
9.2.7. Fujifilm Holdings Corporation
9.2.8. Mindray Medical International Ltd.
9.2.9. Supersonic Imagine
9.2.10. Resoundant Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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