Elastography Imaging Market Size Poised to Touch US$3.2 Bn up to 2026

Elastography Imaging

The global elastography imaging market is likely to exceed revenue of $3.2 billion by 2026, according to a study produced by Acumen Research and Consulting, The industry also reflects the CAGR of 7.4% during 2019-2026. The report provides analysis of global Elastography Imaging market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.

Elastography is a method of medical imagery used to assess elastics and soft tissue stiffness. The most popular method of elastography for the map of stealth is the determination of various illnesses in the body: ultrasound and magnet resonance imaging. Biopsy is done as a totally non-invasive method in Elastography. Elastographic imagery is used to detect several cancers, like cancer of the breast, thyroid and prostate. The diagnosis of liver disease mainly involves elastography imaging. For musculoskeletal imaging, the specific form of elastoography is used to determine the mechanical characteristics and state of muscles and tendons. A method for magnetic resonance elastography, capable of measuring brain rigidity. Based on the source, elastographic imaging is categorized as static methods (strand imaging) or dynamic methods (shear wave imaging). Imaging Shear Wave involves methods like 1d elastography, sharp-shooting, shear-shooting, and MR elastography. Shear wave imagery involves

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Increased breast cancer and chronic liver diseases are anticipated to drive the market considerably. Furthermore, increased demand for minimally invasive processes and continuing research for the evaluation of prospective uses of elastography will lead to fast development.

Elastography currently has extensive apps for breasts, thyroid, prostate and liver evaluation. More and more on-going studies are anticipated to enhance their applications when diagnosing different circumstances such as chronic kidneys and neurodegenerative disorders. The findings for their use in kidney health assessments during and after transplantation have been promising.

In 2018, North America dominated the market, and its domination over the forecast period is anticipated to proceed. The elastography market growth observed in the region is due, along with elevated adoption rates for sophisticated imaging methods, to the existence of a big amount of worldwide actors.

In the forecast period, increasing strategic alliances between players for product development and distribution will drive the market. Furthermore it will improve the implementation of sophisticated imaging technologies in the creation of fresh surgical facilities in various places.

Elastography is a method used for medical imaging for the measurement of elastic characteristics and rigidity of soft tissue. The most popular method in the elastography of a stiffness map, the determination of several illnesses of the body is ultrasound and magnetic resonance imaging. Biopsy occurs as a totally noninvasive method in elastography imaging. The elastographic imaging of multiple cancers, like breast, thyroid and prostate cancer, is used. The diagnosis of liver disease is mostly based on the elastography imaging. In musculoskeletal imaging the specific form of elastographical imaging is used to define mechanical features and muscle and tendon conditions.

Key Findings

By modality, important growth is expected for the ultrasound segment during the forecasting era due to benefits like low cost, accessibility and a high level of tissue deformation measurement.

Due to its increasing amount of ultrasounds and MRIs, the hospital segment is expected to have the biggest market share during the projected time span on the grounds of end use.

The radiology domain is expected to play a big part in the industry over the forecast era due to an increasing demand for image-led radiotherapy and radiological ultrasounds by means of implementation.

Asia Pacific is projected to see profitable development during the prediction era because healthcare facilities are being improved and geriatric populations increasingly susceptible to targeted illnesses.

Key Players & Strategies

The leading players profiling on the market are Medison Co., Ltd.; Canon Medical Systems Corporation; Fujifilm Corporation; Esaote SpA; GE Healthcare; Koninklijke Philips N.V.; Hitachi, Ltd.; Mindray Bio-Medical Electronics Co., Ltd.

Key players focus on strategic alliances through partnerships or partnerships to create fresh concepts and grow their product portfolio. GE Healthcare has lately extended its partnership with SonoSim, for example. This cooperation aims to improve the ultrasound education of its customers.

The companies focus on the launch of a fresh product to promote elastography imagery, which is supposed to promote the development of the industry. Manufacturers concentrate on clinical trials and market expansion FDA approvals. Phillips ElastQ Imaging (shear wave elastography) capacity for the picture of the tissue was approved by FDA in February 2017. The increasing amount of hepatitis B diseases, liver cancer, is anticipated to contribute to the development of the industry in elastography and imaging. In the biopsy phase, elastographic imaging instruments become popular as advantages of non-invasive processes. The increased incidence of different cancers is anticipated to support the demand for elastographic imagery equipment. Increasing use of low invasive processes promotes the development of the market for elastographic imagery. The demand of brain tissue imaging as a noninvasive operation is increasing in magnetic resonance elastography.

Market Segment Analysis:

Acumen Research report focuses on market attractiveness by assessing the key market segments. The report also combines region-wise segments for a better understanding of the supply and demand ratio of this market. This exclusive study of the report analyzes the present and future market scenario and the industry trends that are influencing the growth of the segments. Besides, the report also covers the value chain analysis, supply chain analysis, and year-on-year basis analysis of this market.

Market Segmentation

Market, By Modality

  • Magnetic Resonance
  • Ultrasound

Market, By Application

  • Urology
  • Radiology
  • Obstetrics
  • Orthopedic and Musculoskeletal
  • Cardiology
  • Vascular
  • Others

Market, By End-use

  • Ambulatory Surgery Centers
  • Hospitals
  • Others

Market, By Geography

  • North America.
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

The market research study on “Elastography Imaging Market – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026” offers detailed insights on global Elastography Imaging market segments with market dynamics and their impact. The report also covers basic technology development policies.

This Report offers an assessment on the recent developments in the sector in each subsegment from 2010 to 2016. It predicts income development at the worldwide, regional, and nation levels. ARC has segmented the worldwide market report for elastography imagery on the modality, use, final use and region for the purpose of this research:

The report is readily available and can be dispatched immediately after payment confirmation.

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About Acumen Research and Consulting:

Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

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