Transient Elastography Device Market Report 2025 (Global Edition)

Global Transient Elastography Device Market Report 2025 Market Size Split by Modality Outlook: (Standalone, Portable), by End User Outlook: (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers,...

Transient Elastography Device Market Report Description

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Competitive Landscape of the Transient Elastography Devices Market

The transient elastography devices market is characterized by strong competition among key players focusing on innovation, product development, and geographical expansion. Leading companies dominate the market with advanced technologies and robust distribution networks. Partnerships with healthcare providers and research institutions are driving product adoption. Smaller firms are entering the market with cost-effective solutions to target emerging economies. Additionally, increased investment in R&D to improve diagnostic accuracy and portability of devices is intensifying competition. The market is also witnessing strategic acquisitions to strengthen portfolios and market presence.

Top Companies Market Share in Transient Elastography Device Industry: (In no particular order of Rank)

• Samsung Medison
• GE Healthcare
• Koninklijke Philips N.V.
• Siemens Healthineers
• Hitachi Ltd.
• Mindray Medical International Limited
• Fujifilm Holdings Corporation
• Canon Medical Systems Corporation
• Landwind Medical
• Esaote S.p.A.
• SonoScape Medical Corp
• SuperSonic Imagine
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Transient Elastography Devices Market

Which Region Dominates the Transient Elastography Devices Market in 2024?

According to Cognitive Market Research, North America currently dominates the Transient Elastography Devices market, and the region is expected to have significant growth during the projected period. This is due to its advanced healthcare infrastructure, high prevalence of liver diseases, and strong awareness of non-invasive diagnostic technologies.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) due to rising prevalence of liver diseases, increasing healthcare expenditure, and greater awareness about non-invasive diagnostic tools.

The current report Scope analyzes Transient Elastography Device Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Transient Elastography Device Market Analysis

According to Cognitive Market Research, the global Transient Elastography Devices market size was estimated at USD 85.9 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 34.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Transient Elastography Devices market with a market size of USD 27.11 million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period due to the increasing adoption of non-invasive diagnostic technologies for liver assessment.
• The Canada Transient Elastography Devices market had a market share of USD 4.12 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period due to the growing investments in healthcare infrastructure and advanced diagnostic tools.
• The Mexico Transient Elastography Devices market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 3.13 million in 2024.

Europe Transient Elastography Device Market Analysis

According to Cognitive Market Research, the global Transient Elastography Devices market size was estimated at USD 85.9 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 25.77 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.

• The United Kingdom Transient Elastography Devices market had a market share of USD 4.33 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. In the UK, Transient Elastography Devices sales witness an upswing due to the increased adoption of non-invasive diagnostic technologies in healthcare.
• The France Transient Elastography Devices market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 2.37 million in 2024.
• According to Cognitive Market Research, the German Transient Elastography Devices market size was valued at USD 5.10 million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period. In Germany, Transient Elastography Devices surged due to the favourable reimbursement policies and healthcare infrastructure advancements.
• The Italy Transient Elastography Devices market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 2.22 million in 2024.
• The Russia Transient Elastography Devices market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD 3.99 million in 2024.
• The Spain Transient Elastography Devices market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD 2.11 million in 2024
• The Luxembourg Transient Elastography Devices market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 0.80 million in 2024.
• The Portugal Transient Elastography Devices market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 0.54 million in 2024.
• The Greece Transient Elastography Devices market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 0.31 million in 2024.
• The Rest of Europe's Transient Elastography Devices market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 3.99 million in 2024.

Asia Pacific Transient Elastography Device Market Analysis

According to Cognitive Market Research, the global Transient Elastography Devices market size was estimated at USD 85.9 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 19.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Transient Elastography Devices market size was valued at USD 8.89 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. Transient Elastography Devices surged in China due to increasing healthcare expenditure and adoption of advanced diagnostic technologies.
• The Japan Transient Elastography Devices market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 2.73 million in 2024.
• The India Transient Elastography Devices market had a market share of USD 2.37 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period due to the growing awareness about early detection and management of liver conditions.
• The South Korean Transient Elastography Devices market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 1.98 million in 2024.
• The Australian Transient Elastography Devices market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 1.03 million in 2024.
• The South East Asia Transient Elastography Devices market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 1.36 million in 2024.
• The Rest of Asia Pacific Transient Elastography Devices market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 1.40 million in 2024.

South America Transient Elastography Device Market Analysis

According to Cognitive Market Research, the global Transient Elastography Devices market size was estimated at USD 85.9 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 4.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Transient Elastography Devices market size was valued at USD 1.84 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Transient Elastography devices flourished in Brazil due to the growing adoption of non-invasive diagnostic technologies in healthcare.
• Argentina's Transient Elastography Devices market had a market share of USD 0.72 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period due to the increasing government initiatives to improve liver disease screening programs .
• Colombia Transient Elastography Devices market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 0.38 million in 2024.
• Peru Transient Elastography Devices market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 0.35 million in 2024.
• Chile Transient Elastography Devices market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 0.31 million in 2024.
• The Rest of Latin America's Transient Elastography Devices market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 0.69 million in 2024.

Middle East Transient Elastography Device Market Analysis

According to Cognitive Market Research, the global Transient Elastography Devices market size was estimated at USD 85.9 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 1.72 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031..

• The GCC Countries Transient Elastography Devices market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 0.74 million in 2024. Transient Elastography Devices sales flourish due to the increasing adoption of non-invasive diagnostic technologies in healthcare systems.
• The Egypt Transient Elastography Devices market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 0.18 million in 2024.
• The South Africa Transient Elastography Devices market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 0.27 million in 2024. Transient Elastography Devices sales flourished in South Africa due to expanding healthcare infrastructure and rising awareness about liver health.
• The Turkey Transient Elastography Devices market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 0.15 million in 2024.
• The Nigeria Transient Elastography Devices market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 0.18 million in 2024.
• The Rest of the MEA Transient Elastography Devices market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 0.20 million in 2024.

Transient Elastography Device Market Analysis

How are Segments Performing in the Global Transient Elastography Devices Market?

Transient Elastography Devices Market Modality Segment Analysis

According to Cognitive Market Research, standalone transient elastography devices are likely to dominate the Transient Elastography Devices Market over the forecast period due to their precision, ease of use, and dedicated functionality for liver stiffness assessment. These devices are widely preferred in hospitals and diagnostic centres for their reliability and portability. Their non-invasive nature and ability to provide quick, accurate results further enhance their adoption globally.

The portable is the fastest-growing segment in the Transient Elastography Devices Market due to its convenience and flexibility. Portable devices allow for on-site testing in various healthcare settings, such as clinics and mobile units. Their ease of use and reduced need for specialized infrastructure make them highly desirable, driving adoption.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Transient Elastography Device Industry. Request a Free Sample PDF!

Transient Elastography Devices Market End User Segment Analysis

According to Cognitive Market Research, the hospital segment holds the largest share of the market due to its advanced healthcare infrastructure, large patient volumes, and ability to invest in high-cost diagnostic equipment. Hospitals use these devices extensively for liver disease diagnostics, offering a wide range of services that attract patients seeking accurate, non-invasive testing options.

In the Transient Elastography Devices Market, the diagnostic centres sector has been expanding at a rapid pace due to the increasing demand for non-invasive liver diagnostics. These centres offer advanced imaging services, providing accurate and quick results for liver health assessments. The growing prevalence of liver diseases and cost-effective testing drive adoption in diagnostic centres.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Transient Elastography Device Technique Outlook: Segment Analysis

Transient Elastography Devices Market Technique Segment Analysis

According to Cognitive Market Research, the vibration-controlled transient elastography (VCTE) segment holds the largest market share due to its non-invasive, accurate, and fast diagnostic capabilities. VCTE offers superior precision in measuring liver stiffness, making it the preferred choice for diagnosing liver diseases like cirrhosis and fatty liver. Its widespread adoption ensures market leadership.

In the Transient Elastography Devices market, the rapidly growing sector is the vibration-controlled transient elastography (VCTE) category due to its non-invasive, highly accurate assessment of liver stiffness. VCTE offers improved reliability, faster results, and greater patient comfort compared to traditional methods, driving increased adoption in clinical practices for liver disease diagnosis.

• Vibration Controlled Transient Elastography (VCTE)
• Controlled Attenuation Parameter

Transient Elastography Device Distribution Channel Outlook: Segment Analysis

Transient Elastography Devices Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the offline channel segment dominates the market due to established relationships between manufacturers and healthcare providers, including hospitals and diagnostic centres. These institutions prefer direct purchases from trusted suppliers, ensuring after-sales support, training, and maintenance services. Additionally, physical demonstrations and installations are essential for complex medical devices.

Online channel is projected to be the fastest-growing segment in the Transient Elastography Devices market due to increased demand for remote consultations and diagnostic solutions. E-commerce platforms and medical equipment suppliers offer convenient purchasing options, allowing healthcare providers to access advanced diagnostic tools more easily. Additionally, online channels enable broader market reach.

• Online
• Offline

Author's Detail

Anushka Gore

Research Associate at Cognitive Market Research

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Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.

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