Transient Elastography Devices MarketSize and Trends

The global transient elastography devices market is estimated to be valued at US$ 83.2 million in 2021 and is expected to exhibit a CAGR of 3.5% during the forecast period (2021-2028).

Figure1. Global Transient Elastography Devices Market Value (US$ Mn), By Modality (2021-2028)

Increasing partnerships by key players and increasing number of product launches are expected to drive growth of global transient elastography devices market.

Major factors assisting the market growth during the forecast period includes the rising number of partnerships by the key players in the market. For instance, in August 2019, Wuxi Hisky Medical Technologies Co., Ltd., a China-based medical device company, launched a new product series, iLivTouch, which uses multichannel imaging guided transient elastography to assess the state of hepatic fibrosis and steatosis.

Figure 2. Global Transient Elastography Devices Market Value (US$ Mn) & Y-o-Y Growth (%), 2021-2028

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