Global Elastography Imaging Market
Medical Equipment

Top 5 Insights From The Elastography Imaging Market Report 2024

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

According to The Business Research Company’s Elastography Imaging Global Market Report 2024, the elastography imaging market is expected to show promising growth in the forecast period.

The elastography imaging market has witnessed remarkable growth, with projections indicating a significant surge in the coming years. Key factors driving this growth include:

  • Rising Incidence of Chronic Liver and Breast Cancer:
    • Elastography imaging plays a crucial role in diagnosing chronic liver and breast cancer.
    • According to the ‘Cancer Facts And Figures 2023’ report by the American Cancer Society, the incidence of liver and intrahepatic bile duct cancer has been steadily increasing.
    • The demand for non-invasive diagnostics contributes to the adoption of elastography imaging techniques.
  • Market Size Growth and Expansion:
    • The market size is set to increase from $3.31 billion in 2023 to $3.66 billion in 2024, with a CAGR of 10.7%.
    • Forecasted growth predicts a market value of $5.27 billion by 2028, driven by global healthcare trends and clinical adoption.
  • Major Players in the Market:
    • Key companies driving innovation and growth in the elastography imaging market include Canon Medical Systems Corporation, GE Healthcare Technologies Inc., and Siemens Healthineers AG, among others.

View More On The Elastography Imaging Market Report 2024 – https://www.thebusinessresearchcompany.com/report/elastography-imaging-global-market-report

Technologically Advanced Elastography Imaging Devices On The Rise
The industry is witnessing a trend towards technologically advanced elastography imaging devices, indicating:

  • Focus on Technological Advancements:
    • Companies like Mindray Medical International Limited are launching sophisticated ultrasound machines such as the Resona I9, equipped with Shear Wave Elastography (SWE) and intelligent control panels.
    • Technological advancements aim to enhance resolution, tissue homogeneity, and imaging capabilities, meeting evolving clinical needs.

Fujifilm’s Move To Enhance Its Healthcare Portfolio Through Hitachi Acquisition

  • Acquisition Strategy:
    • In July 2021, Fujifilm Holdings Corporation acquired Hitachi’s Diagnostic Imaging-related business for $1.3 billion.
    • This strategic move expands Fujifilm’s healthcare portfolio, leveraging Hitachi’s expertise in medical devices and imaging systems.

Market Segmentation and Regional Insights

  • Market Segmentation:
    • The elastography imaging market is segmented by modality (ultrasound, magnetic resonance), application (radiology, cardiology, obstetrics, etc.), and end use (hospitals, ambulatory surgery centers, etc.).
  • Regional Dominance:
    • Asia-Pacific emerged as the largest region in the elastography imaging market in 2023, driven by technological advancements and increasing healthcare investments.

In conclusion, the elastography imaging market is poised for substantial growth fueled by the rising incidence of chronic liver and breast cancer, technological advancements, and strategic acquisitions. With key players focusing on innovation and expanding market reach, the future of elastography imaging holds promise in revolutionizing non-invasive diagnostics and enhancing patient care worldwide.

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