Elastography Imaging Market to Reach $5.8 Billion by 2029: Technological Advancements and Expansion in Applications Are Key Drivers

Elastography Imaging

The elastography imaging market has experienced robust growth in recent years, flowing from $3.56 billion in 2024 to $3.91 billion in 2025. This impressive growth, reflected in the compound annual growth rate (CAGR) of 9.6%, is attributable to clinical validation and acceptance, the introduction of shear wave elastography, and expansion beyond liver imaging, supplemented by the development of software and algorithms.

The market is poised for rapid growth in the coming years, with projections indicating a size of $5.8 billion by 2029, representing a CAGR of 10.4%. This anticipated growth is linked to market expansion, global healthcare trends, cost-efficiency, and increased demand for non-invasive diagnostics, supplemented by clinical adoption and acceptance.

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What’s Driving the Growth of the Elastography Imaging Market?
A key driver of the elastography imaging market is the rising incidence of chronic liver and breast cancer. The escalating number of liver cell mutations resulting in life-threatening illnesses necessitates advanced diagnostic techniques such as elastography imaging. For instance, the ‘Cancer Facts and Figures 2023’ report by the American Cancer Society documented 13,230 new cases of liver and intrahepatic bile duct cancer in women in the United States.

How Is the Elastography Imaging Market Segmented?
* Modality: Ultrasound and Magnetic Resonance
* Application: Radiology, Cardiology, Obstetrics, Urology, Vascular, Orthopedic and Musculoskeletal, and Other Applications
* End Use: Hospitals, Ambulatory Surgery Centers, and Other End Uses

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Who Are the Major Players in the Elastography Imaging Market?
Key companies operational in the elastography imaging market includes Canon Medical Systems Corporation, Esaote S.p.A., GE Healthcare Technologies Inc., Koninklijke Philips N.V., Mindray Bio-Medical Electronics Co. Ltd., and Samsung Medison Co. Ltd., among others.

What Are the Emerging Trends in the Elastography Imaging Market?
Technological advancement is a key trend gaining traction in the elastography imaging market. Take, for instance, the launch of Resona I9 Ultrasound Machine by Mindray Medical International Limited in May 2022. This shear wave elastography (SWE) based system, equipped with an intelligent iConsole control panel and customizable E-Ink keys, offers enhanced resolution, tissue homogeneity, and imaging with the incorporation of the company’s ZONE Sonography Technology+ (ZST+).

Which Regions Lead the Elastography Imaging Market?
Asia-Pacific was the largest region in the elastography imaging market in 2024, owing to rapid advances in medical technology and health care accessibility. Other regions covered in the report include Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

What Does The Elastography Imaging Market Report 2025 Offer?
Elastography imaging refers to a non-invasive diagnostic technology employed to determine the rigidity of organs and other body components, useful in diagnosing associated disorders using painless, low-frequency vibrations. The Elastography Imaging Market research report from The Business Research Company offers a comprehensive evaluation of the global market size, growth rate, regional shares, detailed segments, competitor analysis, trends, and opportunities.

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