Global Transient Elastography Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

VCTE-Vibration Controlled Transient Elastographies and CAP-Controlled Attenuation Parameters.

By Application;

Hospitals, Diagnostic Centers, Ambulatory Surgical Centers, Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn845014999 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Transient Elastography Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Transient Elastography Devices Market was valued at USD 101.47 million. The size of this market is expected to increase to USD 129.10 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.5%.

The global transient elastography devices market is experiencing significant growth due to the increasing prevalence of liver diseases and the rising demand for non-invasive diagnostic tools. Transient elastography, also known as FibroScan, is a specialized imaging technique used to measure liver stiffness, which is indicative of liver fibrosis and cirrhosis. This non-invasive method has gained traction because it provides a quick, reliable, and painless alternative to traditional liver biopsy procedures.

Advancements in technology have further fueled the market expansion. Modern transient elastography devices are more accurate, portable, and user-friendly, catering to the needs of both healthcare providers and patients. Additionally, the integration of these devices with digital health platforms and electronic medical records is enhancing their utility and efficiency in clinical settings.

Geographically, the market is witnessing robust growth in regions such as North America, Europe, and Asia-Pacific. In North America and Europe, the high prevalence of chronic liver diseases and a well-established healthcare infrastructure are driving demand. Meanwhile, the Asia-Pacific region is emerging as a significant growth area due to the increasing burden of liver-related disorders and improving healthcare access.

The market dynamics are also influenced by factors such as rising awareness about liver health, growing geriatric populations, and an increase in healthcare expenditure. Key players in the market are focusing on innovation, such as developing advanced models with enhanced capabilities and expanding their geographic presence to capitalize on emerging market opportunities.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Transient Elastography Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising prevalence of liver diseases
        2. Non-invasive diagnostic preference
        3. Technological advancements
      2. Restraints
        1. High cost of devices
        2. Limited availability in low-resource settings
        3. Need for skilled operators
      3. Opportunities
        1. Expansion in emerging markets
        2. Technological advancements and innovations
        3. Integration with electronic medical records
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Transient Elastography Devices Market, By Product Type, 2021 - 2031 (USD Million)
      1. VCTE-Vibration Controlled Transient Elastographies
      2. CAP-Controlled Attenuation Parameters
    2. Global Transient Elastography Devices Market, By Application, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Diagnostic Centers
      3. Ambulatory Surgical Centers
      4. Others
    3. Global Transient Elastography Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. CAP-Controlled Attenuation Parameters
      2. Echosens
      3. VCTE-Vibration Controlled Transient Elastographies
      4. Sandhill Scientific
  7. Analyst Views
  8. Future Outlook of the Market