Elastography Imaging Market
By Technique;
Magnetic Resonance Elastography and Ultrasound Elastography ImagingBy Modality;
Portable and On-platformBy Application;
General Imaging, Hepatology, Breast, Cardiology, Nephrology, Orthopedic & Musculoskeletal, and OthersBy End-use;
Ambulatory Surgical Centers, Hospitals, Diagnostic Centers, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Elastography Imaging Market Overview
Elastography Imaging Market (USD Million)
Elastography Imaging Market was valued at USD 3,280.85 million in the year 2024. The size of this market is expected to increase to USD 5,882.92 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.7%.
Elastography Imaging Market
*Market size in USD million
CAGR 8.7 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 8.7 % |
Market Size (2024) | USD 3,280.85 Million |
Market Size (2031) | USD 5,882.92 Million |
Market Concentration | Medium |
Report Pages | 344 |
Major Players
- GE Healthcare
- Koninklijke Philips N.V.
- Siemens AG
- Canon Medical Systems Corporation
- Hitachi Medical Systems
- Samsung
- Fujifilm Holdings Corporation
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Elastography Imaging Market
Fragmented - Highly competitive market without dominant players
The Elastography Imaging Market is expanding rapidly as the demand for non-invasive diagnostic methods continues to rise. This imaging technique plays a crucial role in detecting tissue stiffness, aiding early identification of liver fibrosis, cancer, and other tissue abnormalities. Nearly 60% of diagnostic professionals now use elastography in standard imaging procedures, reflecting growing clinical reliance on this method.
Advances in Imaging Technology Drive Adoption
Modern elastography systems offer better imaging resolution and faster diagnostic capabilities, largely due to improvements in ultrasound and MRI technologies. Approximately 45% of medical imaging centers are adopting advanced elastography tools with real-time imaging and quantitative assessment features, helping reduce invasive biopsies and boosting diagnostic confidence.
Elastography in Chronic Disease Management
The increasing burden of chronic diseases has accelerated the adoption of elastography in regular clinical assessments. It is especially valuable in monitoring liver fibrosis and identifying tumor development. Over 50% of liver diagnostic workflows now integrate elastography to track disease progression and optimize treatment strategies effectively.
Expanding Utility in Multidisciplinary Care
Beyond traditional radiology departments, elastography is gaining use in oncology, hepatology, and endocrinology. Its painless, data-rich evaluations are increasingly recognized across specialties. Approximately 40% of multi-specialty clinics have integrated elastography into their diagnostic protocols, driving market expansion and broader clinical utility.
Elastography Imaging Market Recent Developments
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In June 2023, Nikon Instruments Inc. announced the launch of "ECLIPSE Ui," an advanced microscope-based viewing system designed to facilitate seamless clinical observations for both in-person and remote pathological evaluations.
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In July 2023, at the Microscopy and Microanalysis (M&M) 2023 Conference, ZEISS Microscopy showcased its latest product offerings and emphasized new researchers through engaging interactive display features.
Elastography Imaging Market Segment Analysis
In this report, the Elastography Imaging Market has been segmented by Technique, Modality, Application, End-use, and Geography.
Elastography Imaging Market, by Technique
The Elastography Imaging Market has been segmented by Technique into Magnetic Resonance Elastography, and Ultrasound Elastography Imaging.
Magnetic Resonance Elastography
Magnetic Resonance Elastography (MRE) is a non-invasive imaging technique used to assess tissue stiffness, with notable applications in liver disease and neurological assessments. Representing around 40% of the market, its precise and reproducible results have led to increasing adoption in advanced diagnostic facilities and academic research centers.
Ultrasound Elastography Imaging
Ultrasound Elastography Imaging dominates the elastography market with a share of 60%, driven by its cost-effectiveness, real-time capabilities, and broad diagnostic utility. Its use is widespread in evaluating organs such as the liver, breast, and thyroid, making it a practical choice for healthcare providers worldwide.
Elastography Imaging Market, by Modality
The Elastography Imaging Market has been segmented by Modality into Portable and On-platform.
Portable
Portable elastography systems are increasingly preferred for their compact design, cost-efficiency, and ability to support real-time diagnostics in diverse clinical settings. Holding nearly 55% of the market, these systems are widely deployed in emergency care, remote clinics, and bedside monitoring, where mobility is a key advantage.
On-platform
On-platform elastography imaging devices are integral to hospital-based diagnostics, offering robust processing speed and high-resolution imaging. With a market share of around 45%, they are commonly used in specialized departments requiring advanced imaging capabilities and integrated patient data systems.
Elastography Imaging Market, by Application
The Elastography Imaging Market has been segmented by Application into General Imaging, Hepatology, Breast, Cardiology, Nephrology, Orthopedic & Musculoskeletal, and Others
General Imaging
General imaging represents a significant share in the elastography market, making up roughly 20% of the overall applications. Its versatility in evaluating soft tissue conditions in both routine and emergency diagnostics supports widespread use in clinics and hospitals alike.
Hepatology
Hepatology dominates the application spectrum, accounting for around 35% of the market. The ability to non-invasively monitor liver fibrosis and cirrhosis makes elastography a critical tool in chronic liver disease diagnosis and management.
Breast
The breast application segment holds nearly 15% of the market, gaining popularity for its role in breast cancer diagnostics. By improving differentiation between benign and malignant masses, it enhances diagnostic precision and reduces unnecessary biopsies.
Cardiology
With about 8% market share, cardiology applications of elastography are advancing rapidly. The technology is being explored for assessing myocardial stiffness and ventricular function, supporting better cardiac health evaluation.
Nephrology
Nephrology accounts for approximately 7% of the market and is increasingly used for renal stiffness evaluation. It aids in early-stage detection of chronic kidney disorders, especially in high-risk populations.
Orthopedic & Musculoskeletal
Comprising close to 10% of the market, this segment is used to assess musculoskeletal conditions, including injuries to ligaments, tendons, and muscles. It is especially valuable in sports medicine and orthopedic diagnostics.
Others
The “Others” category holds a modest 5% share and encompasses emerging use cases in thyroid disease, prostate assessment, and gynecological imaging. These areas are gradually gaining ground as elastography proves adaptable to varied clinical demands.
Elastography Imaging Market, by End-use
The Elastography Imaging Market has been segmented by End-use into Ambulatory Surgical Centers, Hospitals, Diagnostic Centers, and Others.
Ambulatory Surgical Centers
Ambulatory Surgical Centers (ASCs) are emerging as a growing segment, comprising nearly 20% of the elastography imaging market. Their appeal lies in offering affordable, outpatient care while incorporating advanced diagnostics like elastography for efficient patient assessments and quicker procedural turnaround.
Hospitals
Holding a dominant 50% market share, hospitals are the primary users of elastography systems. Their robust infrastructure supports large-scale deployment across various departments, enabling high-throughput imaging, multi-specialty diagnostics, and integrated patient management systems.
Diagnostic Centers
Diagnostic centers hold about 25% of the market and are increasingly sought after for their focused imaging services, providing dedicated elastography evaluations. These centers cater to both regular diagnostic workflows and high-risk patient screenings with faster and more specialized reporting.
Others
Representing approximately 5% of the market, the “Others” segment includes research bodies, academic institutions, and mobile diagnostic units. These stakeholders play a crucial role in advancing research, offering trial-based access to imaging innovations, and expanding diagnostics to underserved regions.
Elastography Imaging Market, by Geography
In this report, the Elastography Imaging Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East, and Africa, and Latin America.
Regions and Countries Analyzed in this Report
Elastography Imaging Market Share (%), by Geographical Region
North AmericaNorth America leads the elastography imaging market with a robust 35% share, fueled by its advanced medical infrastructure and strong demand for non-invasive diagnostic imaging. The region benefits from favorable reimbursement frameworks and a high prevalence of chronic liver and breast diseases, particularly in the U.S.
EuropeWith around 25% of the global share, Europe is a key market due to its structured public healthcare systems and rising focus on early disease detection. The region has seen steady adoption of elastography technologies, especially in oncology and hepatology segments.
Asia PacificAsia Pacific is home to nearly 20% of the elastography imaging market and is the fastest-growing region. Factors such as rising healthcare expenditure, increased diagnostic awareness, and supportive government initiatives are contributing to growth across countries like India, China, and Japan.
Middle East and AfricaComprising about 10% of the market, the Middle East and Africa region is witnessing increasing use of elastography systems in urban medical centers. While infrastructure disparities exist, investments in diagnostic imaging are expanding, particularly in the UAE, Saudi Arabia, and South Africa.
Latin AmericaLatin America holds an estimated 10% of the market, led by countries like Brazil, Mexico, and Argentina. Growth is supported by the expanding availability of diagnostic imaging across both public and private healthcare facilities.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Elastography Imaging Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increase in Chronic Diseases Requiring Elastography
- Better Technology for Accurate Imaging
- Healthcare Pros Knowing Elastography Benefits
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Elastography Used in More Medical Areas - Elastography, originally developed for liver fibrosis assessment, is now finding applications across a spectrum of medical areas. Beyond liver disease, elastography is increasingly utilized in diagnosing conditions such as breast cancer, prostate cancer, thyroid nodules, and musculoskeletal disorders.
Its ability to provide quantitative tissue stiffness measurements aids in distinguishing between benign and malignant lesions, guiding treatment decisions, and monitoring disease progression. With ongoing advancements in elastography technology and increasing research efforts, the range of medical specialties benefiting from elastography is expected to continue expanding, offering clinicians valuable insights into various pathological conditions.
Restraints
- Challenges in Standardization and Interpretation
- Tough Rules and Compliance Needed
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Limited Access to Healthcare in Some Places - Despite the growing adoption of elastography imaging, limited access to healthcare facilities remains a significant barrier, particularly in rural and underserved areas. Patients residing in remote regions often face challenges in accessing specialized medical services, including elastography examinations, due to geographical constraints, inadequate healthcare infrastructure, and socioeconomic factors.
This disparity in healthcare access not only impacts timely diagnosis and management of medical conditions but also contributes to health inequities. Addressing this issue requires concerted efforts from governments, healthcare organizations, and technology providers to improve healthcare infrastructure, expand telemedicine services, and implement outreach programs to ensure equitable access to elastography imaging and other essential medical services for all individuals, regardless of their geographic location or socioeconomic status.
Opportunities
- Using AI for Faster Analysis
- Working with Researchers for New Ideas
- Teaching People About Elastography Benefits
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Tailoring Solutions for Different Medical Needs - As elastography continues to gain prominence in medical diagnostics, there's a growing recognition of the need to tailor solutions to meet the diverse medical needs of patients. Different medical specialties require specific elastography techniques and modalities tailored to their unique diagnostic challenges and clinical workflows. For instance, elastography protocols for assessing liver fibrosis may differ from those used in breast imaging or musculoskeletal evaluations.
Considerations such as patient age, body habitus, and comorbidities necessitate customization of elastography protocols to ensure optimal diagnostic accuracy and patient safety. By embracing a patient-centric approach and collaborating closely with healthcare providers, elastography device manufacturers can develop versatile solutions that address the varying requirements of different medical specialties, ultimately enhancing patient care and clinical outcomes across the healthcare continuum.
Competitive Landscape Analysis
Key players in Global Elastography Imaging Market include
- GE Healthcare
- Koninklijke Philips N.V.
- Siemens AG
- Canon Medical Systems Corporation
- Hitachi Medical Systems
- Samsung
- Fujifilm Holdings Corporation
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Technique
- Market Snapshot, By Modality
- Market Snapshot, By Application
- Market Snapshot, By End-use
- Market Snapshot, By Region
- Elastography Imaging Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increase in Chronic Diseases Requiring Elastography
- Better Technology for Accurate Imaging
- Healthcare Pros Knowing Elastography Benefits
- Elastography Used in More Medical Areas
- Restraints
- Challenges in Standardization and Interpretation
- Tough Rules and Compliance Needed
- Limited Access to Healthcare in Some Places
- Opportunities
- Using AI for Faster Analysis
- Working with Researchers for New Ideas
- Teaching People About Elastography Benefits
- Tailoring Solutions for Different Medical Needs
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Elastography Imaging Market, By Technique, 2021 - 2031 (USD Million)
- Magnetic Resonance Elastography
- Ultrasound Elastography Imaging
- Elastography Imaging Market, By Modality, 2021 - 2031 (USD Million)
- Portable
- On-platform
- Elastography Imaging Market, By Application, 2021 - 2031 (USD Million)
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General Imaging
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Hepatology
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Breast
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Cardiology
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Nephrology
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Orthopedic and Musculoskeletal
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Others
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- Elastography Imaging Market, By End-use, 2021 - 2031 (USD Million)
- Ambulatory Surgical Centers
- Hospitals, Diagnostic Centers
- Others
- Elastography Imaging Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Elastography Imaging Market, By Technique, 2021 - 2031 (USD Million)
- Competitive Landscape Analysis
- Company Profiles
- GE Healthcare
- Koninklijke Philips N.V.
- Siemens AG
- Canon Medical Systems Corporation
- Hitachi Medical Systems
- Samsung
- Fujifilm Holdings Corporation
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Company Profiles
- Analyst Views
- Future Outlook of the Market