Elastography Imaging Industry Set for Spectacular Growth, Aiming at US$8.9 Billion by 2032 | FMI Report

Elastography Imaging Industry

In the ever-evolving landscape of medical innovation, the Elastography Imaging Industry is poised for remarkable growth, riding the wave of surging demand for minimally invasive medical procedures. Forecasts by FMI reveal a promising trajectory, projecting a robust Compound Annual Growth Rate (CAGR) of 11.2% from 2022 to 2032. By the year 2032, the Elastography Imaging Market is anticipated to achieve an impressive valuation of US$ 8.9 billion, marking a substantial leap from the US$ 3.1 billion recorded in 2022.

This dynamic growth can be attributed to the adoption of elastography imaging, an innovative medical imaging technique that meticulously assesses the elastic characteristics and stiffness of soft tissues. It is gaining increasing recognition for its exceptional efficacy in mapping tissue stiffness and facilitating the diagnosis of a wide range of disorders. Notably, ultrasound and magnetic resonance imaging have emerged as the leading contenders in the realm of elastography techniques, offering a non-invasive and patient-friendly alternative to conventional biopsy procedures.

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The Healthcare Industry

The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Elastography Imaging Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as along with the key takeaways over the forecast.

The team of analysts at Future Market Insights are focussing on research and market study to produce different Elastography Imaging Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Elastography Imaging Market.

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Key Players:

The writer will create content on the general strategies of market players. And then will write the key players in the market are: GE healthcare, Koninklijke Philips N.V., Siemens Healthineers, Hitachi Ltd., Mindray Medical International Limited, Fujifilm Holdings Corporation, Canon Medical Systems Corporation, Landwind Medical, Esaote SpA, SonoScape Medical Corp, SuperSonic Imagine and others

Segmentation:

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

Based on technique, elastography-imaging market can be segmented as:

  • Ultrasound Elastography Imaging
  • 1D transient Elastography
  • Point shear-wave Elastography
  • Shear-wave Elastography
  • MR based Elastography

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Based on application, electrography imaging market can be segmented as:

  • Gynecology & Obstetric
  • Cardiology
  • Orthopedic & Musculoskeletal
  • Vascular
  • Neurology
  • General Imaging

On the basis of modality, elastography imaging market can be segmented as:

  • Portable
  • On-Platform

On the basis of end user, elastography imaging market can be segmented as:

  • Hospitals
  • Clinics
  • Diagnostic Laboratories
  • Ambulatory Surgical Centers

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Product Segmentation:

The investigation offers a top to bottom evaluation of different clients’ journeys pertinent to the market and its segments. The study endeavours to assess the current and future development possibilities, undiscovered roads, factors that shapes their income potential in the global market by breaking it into di such as its types, applications, and region-wise assessment.

Full in-depth analysis of the parent market:

The analysts at FMI are dedicated to provide insights after extensive research and study. The study also includes estimations, projections and evaluation of the market dynamics.

Important changes in market dynamics:

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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