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| Elastography Imaging Market |
According to research report the Elastography Imaging Market is expected
to grow from USD 2.5 billion in 2018 to USD 4.6 billion by 2024, at a Compound
Annual Growth Rate (CAGR) of 11.0% during the forecast period.
The growth of the global elastography imaging market is
mainly driven by the growing incidence of breast cancer and chronic liver
diseases, and a rising preference for minimally invasive procedures across the
globe. Emerging economies will provide new growth opportunities for players in
the elastography imaging market.
The major elastography imaging vendors include GE
Healthcare (US), Siemens Healthineers (Germany), Philips Healthcare
(Netherlands), Canon Medical System Corporation (Japan), Samsung Medison (South
Korea), Hitachi Ltd. (Japan), Shenzhen Mindray Bio-Medical Electronics Co.
(China), FUJIFILM Holdings Corporation (Japan), Esaote (Italy), SuperSonic
Imagine (France), and Resoundant (US).These players have adopted various growth
strategies from 2016 to 2018, such as product launch, collaboration,
partnership, acquisitions and expansions to expand their presence in the global
elastography imaging market. This has helped them to innovate their offerings
and broaden their customer base.
Download Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107232051
GE Healthcare is one of the leading companies in the
elastography imaging systems. The company focuses on maintaining its leading
position in the elastography imaging market through pipeline development and
product commercialization. It has a strong presence and wide industry coverage
in North America, South America, Europe, Australia, and Asia. The company has a
reliable customer- services support set up, which helps in strengthening its
customer relationships and growing its geographical presence. The company is
expected to grow at a positive rate in the market due to its superior product
offerings.
Philips Healthcare is among the top players operating in
the global elastography imaging market. The company focuses on developing
advanced elastography imaging systems and expanding its geographical presence
in order to maintain its position in the elastography imaging market. Philips
Healthcare manufactures its products in 25 countries and distributes these
products in over 100 countries, on a global scale.
The market is divided into four major regions - North
America, Europe, Asia Pacific, and the Rest of the World (RoW). In 2018, Europe
is expected to account for the largest share of this market, followed by North
America. The large share of this regional segment is attributed to ongoing clinical
research projects in elastography, the early commercialization of these devices
in the region, and the significant healthcare expenditure across mature
European countries. Furthermore, government initiatives for cancer screening,
which involve the use of ultrasound systems featuring elastography, are also
supporting market growth.
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