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Transient Elastography Devices Market size was over USD 90.56 million in 2024 and is anticipated to cross USD 143.42 million by 2037, witnessing more than 3.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of transient elastography devices is estimated at USD 93.33 million.
Increase in incidence rate of liver fibrosis and cirrhosis globally along with the demand for better technology-based equipment for detecting liver disorders are some of the significant factors boosting the market growth.
Growth Drivers
Rising Cases of Liver Disorders to Boost the Market Growth
Factors such as sedentary lifestyle and excess alcohol consumption are resulting in the rise in cases of liver problems which has led to a significant increase in liver fibrosis and cirrhosis. In 2017, the liver disease deaths owing to excessive intake of alcohol were 22,246 in United states, according to the Centers for Disease Control and Prevention (CDC). Since there is an increase in awareness among the people for accurate diagnosis at an early stage, the demand for transient elastography devices is high. This is anticipated to significantly expand the transient elastography devices market.
Multipurpose Application of the Elastography Device to Drive the Market Growth
The advancement in healthcare technology all over the world is improving at a fast pace owing to the increasing number of cases of various medical problems. This results in a growing demand for better medical equipments for treatment of multiple diseases at clinics and hospitals. Transient elastography devices is also used to evaluate other disorders such as portal hypertension, breast cancer, prostate cancer, and other diseases in which fibrosis plays an important role. On the back of these factors, the transient elastography devices market is predicted to grow over the forecast period.
Challenges
High Costs and Inability to Detect the Liver Completely to Hamper the Market Growth
The diagnosis procedure associated with this device is expensive as well as it sometimes fails to identify the intermediate stages of fibrosis. Further, there also exists other alternate clinical tests and methods to measure stiffness in liver tissue. This is estimated to hinder the growth of transient elastography devices market in the future.
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
3.60% |
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Base Year Market Size (2024) |
USD 90.56 million |
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Forecast Year Market Size (2037) |
USD 143.42 million |
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Regional Scope |
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The transient elastography devices market is segmented by technology into vibration controlled transient elastography [VCTE], controlled attenuation parameter [CAP] and fibrometer. Among these segments, the vibration controlled transient elastography [VCTE] is anticipated to hold the leading share in the market on account of high demand for this device backed by its generation of quantitative evaluation parameters.
Our in-depth analysis of the global market includes the following segments
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By Technology |
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By Mode |
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By End User
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By Region
On the basis of regional analysis, the transient elastography devices market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Europe industry is estimated to account for largest revenue share by 2037, impelled by growing requirements for assessing liver problems using non-invasive transient elastography technique according to the guidelines of European Association for the Study of the Liver. The market in Asia Pacific region is predicted to grow at the highest rate during the forecast period as a result of rapid development in healthcare equipments and growing research activities in the region. The advancement in healthcare facilities in the region, especially in countries such as China, Japan and India further raise the demand for this device.
The transient elastography devices market is dominated by market players such as EchoSens and Diversatek, Inc. Moreover, several players in the transient elastography devices industry are increasingly expanding their product diversification by utilizing advanced technologies which will digitally integrate the device to detect and assess the liver disorders at a primary stage. Additionally, several players are also investing hugely on research and developmental activities that help to advance the technologies in transient elastography devices.
Author Credits: Radhika Pawar
Copyright © 2025 Research Nester. All Rights Reserved
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