Elastography Imaging Market By Product Type (Ultrasound And Magnet Resonance Imaging [MRI]), Applications (Radiology, Cardiology, Vascular, Urology, Obstetrics, Orthopaedic And Musculoskeletal, And Others), End-User Application (Hospitals, Ambulatory Surgery Centers And Others), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, And Forecast 2020 To 2027.

  • Publish Date: May, 2020
  • Report ID: 418326
  • Category: Healthcare
  • Pages: 238
$4700

The global elastography imaging market is expected to grow from USD 2.04 billion in 2019 to USD 3.73 billion by 2027, at a CAGR of 7.8% during the forecast period 2020-2027.

Elastography imaging is a medical technique used to study the stiffness and elastic properties of the muscles and other soft tissues. It’s primarily used to find if the tissue is hard or soft to get the diagnostic information about the status or occurrence of a disease. The methods used for elastography are ultrasound and magnet resonance imaging (MRI). Elastography used in assessing thyroid, breasts, prostate, and liver. Its application is also set to increase in the diagnosis of various conditions such as chronic kidney diseases and neurodegenerative disorders. It’s also used to check kidneys health during and after the transplantation.

The global elastography imaging market is segmented into product type, applications, end-user, and regions. By product type, it is segmented into ultrasound elastography imaging and magnet resonance imaging (MRI). The ultrasound elastography imaging accounts for the largest market share in this segment because it is low cost, widely available and has quick procedures. Based on the applications, this market is segmented into radiology, cardiology, vascular, urology, obstetrics, orthopaedic and musculoskeletal, and others. The radiology dominates this segment; it comprises of cancer diagnosis and treatment, abdominal ailments, and injuries of soft tissue, increasing cases of breast cancer is fuelling the growth of this market. By end-user, this market is divided into hospitals, ambulatory surgery centers and others. This segment is dominated by hospitals owing to increasing number of MRI and ultrasound-based elastography surgeries. Also increasing number of cancer cases are expected to contribute towards the growth of the segment.

The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America accounts for the largest market share of the elastography imaging market, owing to the increasing chronic diseases and cancer cases, developed healthcare infrastructure, favourable government policies, and emerging numbers of geriatric population. Asia-Pacific is the market with the highest growth potential owing to the factors such as the high prevalence of cancer and chronic diseases, increasing trend in adoption of advanced research facilities, and growing geriatric population.

Key players of this industry are Siemens Healthineers, Philips Healthcare, GE Healthcare, Samsung Medison, Hitachi, Canon Medical System, Shenzhen Mindray Bio-Medical Electronics, Esaote, SuperSonic Imagine, FUJIFILM Holdings, Toshiba America Medical Systems, and Resoundant.

Philips Healthcare collaborated with Erasmus University Medical Center (Netherlands) and partnered with PathAI (based in US) to expand its presence in different geographies across the globe.

This study predicts revenue growth at global, national, and country levels from 2020 to 2027. This report has segmented the market based on below-mentioned segments:

Based On Product Type:

  • Ultrasound
  • Magnetic Resonance

Based On Applications:

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

Based On End-User Application:

  • Hospitals
  • Ambulatory Surgery Centers
  • Others

Based On Regions:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • Spain
    • U.K.
    • France
    • Italy
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Thailand
    • South Korea
  • South America
    • Mexico
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • UAE
    • Saudi Arabia

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Type
          4.3.2. Market Attractiveness Analysis By Applications
          4.3.3. Market Attractiveness Analysis By End-User Application
          4.3.4. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
    5.3. Restraints
    5.4. Opportunities
    5.5. Challenges
6. Global Elastography Imaging Market Analysis and Forecast, By Type
    6.1. Segment Overview
    6.2. Ultrasound
    6.3. Magnetic Resonance
7. Global Elastography Imaging Market Analysis and Forecast, By Applications
    7.1. Segment Overview
    7.2. Radiology
    7.3. Cardiology
    7.4. Vascular
    7.5. Urology
    7.6. Obstetrics
    7.7. Orthopedic and Musculoskeletal
    7.8. Others
8. Global Elastography Imaging Market Analysis and Forecast, By End-User Application
    8.1. Segment Overview
    8.2. Hospitals
    8.3. Ambulatory Surgery Centers
    8.4. Others
9. Global Elastography Imaging Market Analysis and Forecast, By Regional Analysis
    9.1. Segment Overview
    9.2. North America
          9.2.1. U.S.
          9.2.2. Canada
          9.2.3. Mexico
    9.3. Europe
          9.3.1. Germany
          9.3.2. France
          9.3.3. U.K.
          9.3.4. Italy
          9.3.5. Spain
    9.4. Asia-Pacific
          9.4.1. Japan
          9.4.2. China
          9.4.3. India
    9.5. South America
          9.5.1. Brazil
    9.6. Middle East and Africa
          9.6.1. UAE
          9.6.2. South Africa
10. Global Elastography Imaging Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in Global Elastography Imaging Market
          10.2.1. Global Company Market Share
          10.2.2. North America Company Market Share
          10.2.3. Europe Company Market Share
          10.2.4. APAC Company Market Share
    10.3. Competitive Situations and Trends
          10.3.1. Product Launches and Developments
          10.3.2. Partnerships, Collaborations, and Agreements
          10.3.3. Mergers & Acquisitions
          10.3.4. Expansions
11. Company Profiles
    11.1. Siemens Healthineers
          11.1.1. Business Overview
          11.1.2. Company Snapshot
          11.1.3. Company Market Share Analysis
          11.1.4. Company Product Portfolio
          11.1.5. Recent Developments
          11.1.6. SWOT Analysis
    11.2. Philips Healthcare
          11.2.1. Business Overview
          11.2.2. Company Snapshot
          11.2.3. Company Market Share Analysis
          11.2.4. Company Product Portfolio
          11.2.5. Recent Developments
          11.2.6. SWOT Analysis
    11.3. GE Healthcare
          11.3.1. Business Overview
          11.3.2. Company Snapshot
          11.3.3. Company Market Share Analysis
          11.3.4. Company Product Portfolio
          11.3.5. Recent Developments
          11.3.6. SWOT Analysis
    11.4. Samsung Medison
          11.4.1. Business Overview
          11.4.2. Company Snapshot
          11.4.3. Company Market Share Analysis
          11.4.4. Company Product Portfolio
          11.4.5. Recent Developments
          11.4.6. SWOT Analysis
    11.5. BYD
          11.5.1. Business Overview
          11.5.2. Company Snapshot
          11.5.3. Company Market Share Analysis
          11.5.4. Company Product Portfolio
          11.5.5. Recent Developments
          11.5.6. SWOT Analysis
    11.6. Hitachi
          11.6.1. Business Overview
          11.6.2. Company Snapshot
          11.6.3. Company Market Share Analysis
          11.6.4. Company Product Portfolio
          11.6.5. Recent Developments
          11.6.6. SWOT Analysis
    11.7. Canon Medical System
          11.7.1. Business Overview
          11.7.2. Company Snapshot
          11.7.3. Company Market Share Analysis
          11.7.4. Company Product Portfolio
          11.7.5. Recent Developments
          11.7.6. SWOT Analysis
    11.8. Shenzhen Mindray Bio-Medical Electronics
          11.8.1. Business Overview
          11.8.2. Company Snapshot
          11.8.3. Company Market Share Analysis
          11.8.4. Company Product Portfolio
          11.8.5. Recent Developments
          11.8.6. SWOT Analysis
    11.9. Esaote
          11.9.1. Business Overview
          11.9.2. Company Snapshot
          11.9.3. Company Market Share Analysis
          11.9.4. Company Product Portfolio
          11.9.5. Recent Developments
          11.9.6. SWOT Analysis
    11.10. SuperSonic Imagine
          11.10.1. Business Overview
          11.10.2. Company Snapshot
          11.10.3. Company Market Share Analysis
          11.10.4. Company Product Portfolio
          11.10.5. Recent Developments
          11.10.6. SWOT Analysis
    11.11. FUJIFILM Holdings
          11.11.1. Business Overview
          11.11.2. Company Snapshot
          11.11.3. Company Market Share Analysis
          11.11.4. Company Product Portfolio
          11.11.5. Recent Developments
          11.11.6. SWOT Analysis
    11.12. Toshiba America Medical Systems
          11.12.1. Business Overview
          11.12.2. Company Snapshot
          11.12.3. Company Market Share Analysis
          11.12.4. Company Product Portfolio
          11.12.5. Recent Developments
          11.12.6. SWOT Analysis
    11.13. Resoundant
          11.13.1. Business Overview
          11.13.2. Company Snapshot
          11.13.3. Company Market Share Analysis
          11.13.4. Company Product Portfolio
          11.13.5. Recent Developments
          11.13.6. SWOT Analysis

List of Table

1. Global Elastography Imaging Market, By Type, 2017–2027(USD Billion)

2. Global Ultrasound In Elastography Imaging Market, By Region, 2017–2027(USD Billion)

3. Global Magnetic Resonance In Elastography Imaging Market, By Region, 2017–2027(USD Billion)

4. Global Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

5. Global Radiology, Elastography Imaging Market, By Region, 2017–2027(USD Billion)

6. Global Cardiology, Elastography Imaging Market, By Region, 2017–2027(USD Billion)

7. Global Vascular, Elastography Imaging Market, By Region, 2017–2027(USD Billion)

8. Global Urology, Elastography Imaging Market, By Region, 2017–2027(USD Billion)

9. Global Obstetrics, Elastography Imaging Market, By Region, 2017–2027(USD Billion)

10. Global Orthopedic and Musculoskeletal, Elastography Imaging Market, By Region, 2017–2027(USD Billion)

11. Global Others, Elastography Imaging Market, By Region, 2017–2027(USD Billion)

12. Global Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

13. Global Hospitals, Elastography Imaging Market, By Region, 2017–2027(USD Billion)

14. Global Ambulatory Surgery Centers, Elastography Imaging Market, By Region, 2017–2027 (USD Billion)

15. Global Others, Elastography Imaging Market, By Region, 2017–2027 (USD Billion)

16. Global Elastography Imaging Market, By Region, 2017–2027(USD Billion)

17. Global Elastography Imaging Market, By North America, 2017–2027(USD Billion)

18. North America Elastography Imaging Market, By Type, 2017–2027(USD Billion)

19. North America Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

20. North America Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

21. U.S. Elastography Imaging Market, By Type, 2017–2027(USD Billion)

22. U.S. Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

23. U.S. Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

24. Canada Elastography Imaging Market, By Type, 2017–2027(USD Billion)

25. Canada Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

26. Canada Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

27. Mexico Elastography Imaging Market, By Type, 2017–2027(USD Billion)

28. Mexico Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

29. Mexico Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

30. Europe Elastography Imaging Market, By Type, 2017–2027(USD Billion)

31. Europe Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

32. Europe Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

33. Germany Elastography Imaging Market, By Type, 2017–2027(USD Billion)

34. Germany Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

35. Germany Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

36. France Elastography Imaging Market, By Type, 2017–2027(USD Billion)

37. France Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

38. France Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

39. U.K. Elastography Imaging Market, By Type, 2017–2027(USD Billion)

40. U.K. Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

41. U.K. Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

42. Italy Elastography Imaging Market, By Type, 2017–2027(USD Billion)

43. Italy Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

44. Italy Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

45. Spain Elastography Imaging Market, By Type, 2017–2027(USD Billion)

46. Spain Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

47. Spain Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

48. Asia Pacific Elastography Imaging Market, By Type, 2017–2027(USD Billion)

49. Asia Pacific Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

50. Asia Pacific Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

51. Japan Elastography Imaging Market, By Type, 2017–2027(USD Billion)

52. Japan Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

53. Japan Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

54. China Elastography Imaging Market, By Type, 2017–2027(USD Billion)

55. China Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

56. China Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

57. India Elastography Imaging Market, By Type, 2017–2027(USD Billion)

58. India Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

59. India Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

60. South America Elastography Imaging Market, By Type, 2017–2027(USD Billion)

61. South America Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

62. South America Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

63. Brazil Elastography Imaging Market, By Type, 2017–2027(USD Billion)

64. Brazil Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

65. Brazil Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

66. Middle East and Africa Elastography Imaging Market, By Type, 2017–2027(USD Billion)

67. Middle East and Africa Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

68. Middle East Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

69. UAE Elastography Imaging Market, By Type, 2017–2027(USD Billion)

70. UAE Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

71. UAE Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

72. South Africa Elastography Imaging Market, By Type, 2017–2027(USD Billion)

73. South Africa Elastography Imaging Market, By Applications, 2017–2027(USD Billion)

74. South Africa Elastography Imaging Market, By End-User Application, 2017–2027(USD Billion)

 

List of Figures 

1. Global Elastography Imaging Market Segmentation

2. Elastography Imaging Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Elastography Imaging Market Attractiveness Analysis By Type

9. Global Elastography Imaging Market Attractiveness Analysis By Applications

10. Global Elastography Imaging Market Attractiveness Analysis By End-User Application

11. Global Elastography Imaging Market Attractiveness Analysis By Region

12. Global Elastography Imaging Market: Dynamics

13. Global Elastography Imaging Market Share By Type (2019 & 2027)

14. Global Elastography Imaging Market Share By Applications (2019 & 2027)

15. Global Elastography Imaging Market Share By End-User Application (2019 & 2027)

16. Global Elastography Imaging Market Share by Regions (2019 & 2027)

17. Global Elastography Imaging Market Share by Company (2019)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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