The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s elastography imaging market report forecasts the elastography imaging market size to grow to $4.79 Billion by 2027, with a CAGR (compound annual growth rate) of more than 9%.

Learn More On The Elastography Imaging Market Report 2023 – https://www.thebusinessresearchcompany.com/report/elastography-imaging-global-market-report

Elastography Imaging Market Size Forecast
The global elastography imaging market is expected to grow from $2.98 billion in 2022 to $3.31 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global elastography imaging market size is expected to reach $4.79 billion in 2027 at a CAGR of 9.7%.

Asia-pacific held the largest elastography imaging market share.

Key Elastography Imaging Market Driver ­– Rise In The Incidence Of Chronic Liver And Breast Cancer
According to the ‘Cancer Facts And Figures 2023’ report published by the American Cancer Society, a US-based, nationwide voluntary health organisation, the number of new cases of liver and intrahepatic bile duct cancer in females reached 13,230 in 2023, up from 12,640 in 2020 in the United States. As a result, the increased prevalence of chronic liver and breast cancer is propelling the elastography imaging market forward.

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Key Elastography Imaging Market Trend – Technological Advancement
To maintain their market position, major businesses in the elastography imaging market are focused on technologically upgraded elastography imaging devices. Mindray Medical International Limited, a China-based medical instruments manufacturing business, for example, debuted the Resona I9 Ultrasound Machine in May 2022. It is a Shear Wave Elastography (SWE)-based system with an advanced iConsole control screen, customisable E-Ink keys, and a 2-hour battery life. Through Mindray’s groundbreaking ZONE Sonography Technology+ (ZST+), the Resona I9 boasts complex ultrasound capabilities that provide a harmonious balance of resolution, tissue homogeneity, and crisp imaging. Shear-wave elastography in I9 allows for faster frame rates, higher refresh rates, and more seamless transitions.

Elastography Imaging Market Segment
1) By Modality: Ultrasound, Magnetic Resonance
2) By Application: Radiology, Cardiology, Obstetrics, Urology, Vascular, Orthopedic and Musculoskeletal, Other Applications
3) By End Use: Hospitals, Ambulatory Surgery Centers, Other End Uses

Elastography Imaging Market Major Players and Strategies
Major players in the elastography imaging market are Canon Medical Systems Corporation, Esaote SpA, GE HealthCare Technologies Inc., Koninklijke Philips N.V, Mindray Bio-Medical Electronics Co Ltd., Samsung Medison Co Ltd., Siemens, Clarius Mobile Health, Medtronic plc, Toshiba America Medical Systems Inc., SuperSonic Imagine, Resoundant Inc., Shimadzu Corporation, BK Medical Holding Company Inc., and SonoScape Medical Corp.

Fujifilm Holdings Corporation, a Japan-based corporation involved in the development and production of photography, optics, and electronic biotechnology technologies, paid $1.3 billion for Hitachi’s Diagnostic Imaging-related business in July 2021. Fujifilm plans to provide a full solution that fulfils a wide range of clinical needs with this acquisition. Hitachi Ltd. is a technology business established in Japan that provides medical devices and imaging systems, including elastography imaging.

The Elastography Imaging Global Market Report 2023 covers regional data on elastography imaging market size, elastography imaging market trends and drivers, opportunities, strategies, and elastography imaging market competitor analysis. The countries covered in the elastography imaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Elastography imaging is a non-invasive diagnostic technique used to assess the rigidity of organs and other bodily components. It uses harmless, low-frequency vibrations to measure the stiffness of tissues and organs in order to diagnose related illnesses.

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