Market Overview:
Ultrasound elastography system is a medical device that is used to measure the elasticity of tissues. The global ultrasound elastography system market was valued at US$ 1,362.8 Mn in 2017 and is expected to reach US$ 3,521.7 Mn by 2030, expanding at a CAGR of 10.4% from 2018 to 2030. The global ultrasound elastography system market has been segmented on the basis of type into static elastography (SE), dynamic elastography with harmonic stimuli (DEHS), dynamic elastography with transient stimuli (DETS), and other types. The static elastography segment dominated the global ultrasound elastography system market in 2017 and is projected to retain its dominance during the forecast period owing to its low cost and easy availability as compared to other types of ultrasound elASTOGRAPHY systems . However, the dynamic ElASTOGRAPHY with harmonic stimuli segment is projectedto grow at a higher CAGR during the forecast period due to increasing demand for high-resolution images for accurate diagnosis . On the basis of application, hospitals accounted for majority shareof revenue in 2017and are expectedto maintain their dominanceduringthe forecastperiod owingtothe growing numberof diagnostic procedures being performedin these settings .
Product Definition:
Ultrasound elastography system is a diagnostic tool that uses ultrasound waves to measure the elasticity of tissue. This information can be used to help diagnose conditions such as cancer, liver disease, and other medical conditions.
Static Elastography (SE):
The ultrasound elastography system is a non-invasive medical device that allows the operator to view and analyze tissue elasticity. It also helps in determining the degree of damage or degeneration present in tissues. The growth factor responsible for increasing demand for this technology is its ability to provide more accurate results as compared to other diagnostic imaging techniques available today.
Dynamic Elastography With Harmonic Stimuli (DEHS):
Dynamic elastography with harmonics stimuli (DEHS) is a new diagnostic tool that uses ultrasound to measure tissue elasticity. It's main advantage over other diagnostic methods is that it can identify the stage of degeneration in tissues and organs without damaging them. DEHS has been used for decades in ophthalmology, but its use has expanded recently to include breast cancer screening, vascular surgery, skin tumor diagnosis/treatment and now organ assessment as well.
Application Insights:
Based on application, the market is segmented into hospitals, diagnostic imaging centers (DIC), radiology centers and others. The hospitals segment dominated the overall market in terms of revenue in 2017. This can be attributed to a high usage rate of ultrasound elastography systems at hospitals compared to other locations. Furthermore, due to an increase in healthcare spending by governments as well as private organizations, this technology is being increasingly used for reducing cost and improving quality of care while minimizing risks for patients throughout their stay at hospital premises.
The use of ultrasound elastography system helps reduce costs associated with musculoskeletal conditions that require surgery or are managed through non-surgical treatment such as physical therapy or medication alone resulting in improved financial position for both insurers and patients alike.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of key players, high adoption rate of advanced technologies, and increasing healthcare expenditure by government and private sectors. Moreover, favorable reimbursement policies for diagnostic ultrasound devices are also expected to drive regional growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising demand for cost-effective & user-friendly diagnostic systems with better performance characteristics in countries such as India and China. Furthermore, an increase in per capita income levels coupled with growing medical tourism will boost demand further over this period.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Ultrasound elastography systems are ideally suited for use in minimally invasive surgeries as they offer real-time images of the tissue stiffness which helps surgeons in making better decisions about the treatment options available to them.
- Growing prevalence of cancer: According to the World Health Organization (WHO), cancer is one of the leading causes of death worldwide, accounting for 8 million deaths per year. The incidence of cancer is increasing every year due to factors such as aging population, changing lifestyles, and environmental pollution. Ultrasound elastography systems can be used effectively in diagnosing various types of cancers owing to their ability to map out tumor stiffness accurately. This will help in early diagnosis and treatment of cancers, thus improving patient outcomes significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultrasound Elastography System Market Research Report
By Type
Static Elastography (SE), Dynamic Elastography With Harmonic Stimuli (DEHS), Dynamic Elastography With Transient Stimuli (DETS), Other
By Application
Hospitals, Diagnostic Imaging Centres, Radiology Centres, Other
By Companies
SAMSUNG, CHISON, ECHOSENS, SIUI, SonoScape Medical, Shenzhen Mindray Bio-Medical Electronics, Shenzhen Landwind Industry, Supersonic Imagine, Siemens Healthineers, Toshiba America Medical Systems, SAMSUNG, BK Ultrasound, Koninklijke Philips, Hitachi Medical Systems, Esaote
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Ultrasound Elastography System Market Report Segments:
The global Ultrasound Elastography System market is segmented on the basis of:
Types
Static Elastography (SE), Dynamic Elastography With Harmonic Stimuli (DEHS), Dynamic Elastography With Transient Stimuli (DETS), Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Diagnostic Imaging Centres, Radiology Centres, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SAMSUNG
- CHISON
- ECHOSENS
- SIUI
- SonoScape Medical
- Shenzhen Mindray Bio-Medical Electronics
- Shenzhen Landwind Industry
- Supersonic Imagine
- Siemens Healthineers
- Toshiba America Medical Systems
- SAMSUNG
- BK Ultrasound
- Koninklijke Philips
- Hitachi Medical Systems
- Esaote
Highlights of The Ultrasound Elastography System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Static Elastography (SE)
- Dynamic Elastography With Harmonic Stimuli (DEHS)
- Dynamic Elastography With Transient Stimuli (DETS)
- Other
- By Application:
- Hospitals
- Diagnostic Imaging Centres
- Radiology Centres
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ultrasound Elastography System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
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- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ultrasound elastography is a medical imaging technique that uses ultrasound waves to create images of the inside of body tissues. Ultrasound elastography can be used to measure the thickness, elasticity, and other properties of tissue layers. This information can then be used to diagnose and treat medical conditions.
Some of the major companies in the ultrasound elastography system market are SAMSUNG, CHISON, ECHOSENS, SIUI, SonoScape Medical, Shenzhen Mindray Bio-Medical Electronics, Shenzhen Landwind Industry, Supersonic Imagine, Siemens Healthineers, Toshiba America Medical Systems, SAMSUNG, BK Ultrasound, Koninklijke Philips, Hitachi Medical Systems, Esaote.
The ultrasound elastography system market is expected to register a CAGR of 10.4%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultrasound Elastography System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ultrasound Elastography System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultrasound Elastography System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ultrasound Elastography System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ultrasound Elastography System Market Size & Forecast, 2018-2028
4.5.1 Ultrasound Elastography System Market Size and Y-o-Y Growth
4.5.2 Ultrasound Elastography System Market Absolute $ Opportunity
Chapter 5 Global Ultrasound Elastography System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ultrasound Elastography System Market Size Forecast by Type
5.2.1 Static Elastography (SE)
5.2.2 Dynamic Elastography With Harmonic Stimuli (DEHS)
5.2.3 Dynamic Elastography With Transient Stimuli (DETS)
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ultrasound Elastography System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ultrasound Elastography System Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Diagnostic Imaging Centres
6.2.3 Radiology Centres
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultrasound Elastography System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ultrasound Elastography System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ultrasound Elastography System Analysis and Forecast
9.1 Introduction
9.2 North America Ultrasound Elastography System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ultrasound Elastography System Market Size Forecast by Type
9.6.1 Static Elastography (SE)
9.6.2 Dynamic Elastography With Harmonic Stimuli (DEHS)
9.6.3 Dynamic Elastography With Transient Stimuli (DETS)
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ultrasound Elastography System Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Diagnostic Imaging Centres
9.10.3 Radiology Centres
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ultrasound Elastography System Analysis and Forecast
10.1 Introduction
10.2 Europe Ultrasound Elastography System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ultrasound Elastography System Market Size Forecast by Type
10.6.1 Static Elastography (SE)
10.6.2 Dynamic Elastography With Harmonic Stimuli (DEHS)
10.6.3 Dynamic Elastography With Transient Stimuli (DETS)
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ultrasound Elastography System Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Diagnostic Imaging Centres
10.10.3 Radiology Centres
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ultrasound Elastography System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ultrasound Elastography System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ultrasound Elastography System Market Size Forecast by Type
11.6.1 Static Elastography (SE)
11.6.2 Dynamic Elastography With Harmonic Stimuli (DEHS)
11.6.3 Dynamic Elastography With Transient Stimuli (DETS)
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ultrasound Elastography System Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Diagnostic Imaging Centres
11.10.3 Radiology Centres
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ultrasound Elastography System Analysis and Forecast
12.1 Introduction
12.2 Latin America Ultrasound Elastography System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ultrasound Elastography System Market Size Forecast by Type
12.6.1 Static Elastography (SE)
12.6.2 Dynamic Elastography With Harmonic Stimuli (DEHS)
12.6.3 Dynamic Elastography With Transient Stimuli (DETS)
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ultrasound Elastography System Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Diagnostic Imaging Centres
12.10.3 Radiology Centres
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ultrasound Elastography System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ultrasound Elastography System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ultrasound Elastography System Market Size Forecast by Type
13.6.1 Static Elastography (SE)
13.6.2 Dynamic Elastography With Harmonic Stimuli (DEHS)
13.6.3 Dynamic Elastography With Transient Stimuli (DETS)
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ultrasound Elastography System Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Diagnostic Imaging Centres
13.10.3 Radiology Centres
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ultrasound Elastography System Market: Competitive Dashboard
14.2 Global Ultrasound Elastography System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SAMSUNG
14.3.2 CHISON
14.3.3 ECHOSENS
14.3.4 SIUI
14.3.5 SonoScape Medical
14.3.6 Shenzhen Mindray Bio-Medical Electronics
14.3.7 Shenzhen Landwind Industry
14.3.8 Supersonic Imagine
14.3.9 Siemens Healthineers
14.3.10 Toshiba America Medical Systems
14.3.11 SAMSUNG
14.3.12 BK Ultrasound
14.3.13 Koninklijke Philips
14.3.14 Hitachi Medical Systems
14.3.15 Esaote
