Overview
Transient elastography is a painless strategy utilized for the evaluation of hepatic fibrosis in patients with constant liver infection by estimating liver firmness. Transient elastography is suggested for the underlying assessment of liver fibrosis in untreated patients with constant hepatitis C and no ongoing problems with wellbeing. Transient elastography gadgets utilizes methods such as vibration controlled transient elastography (VCTE) and controlled lessening boundary. An increasing number of liver illnesses is supposed to drive the development of the global transient elastography devices market. As indicated by the American Liver Foundation, 15%–25% of constant hepatitis B cases form genuine liver infections like malignant growth, cirrhosis, and liver disappointment.
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Effect of the Coronavirus (COVID-19) Pandemic
The COVID-19 pandemic and lockdowns in different nations across the globe have affected the monetary status of businesses across all areas. The private medical services area is one of the areas that has been significantly affected by the COVID-19 pandemic. The lockdown in different nations due to the COVID-19 pandemic has put a monetary weight on the private medical care area. Medical care suppliers were confronting difficulties concerning labor, hardware, consumables, and different assets to guarantee security in the therapy of patients with different illnesses, declining short-term visits, and so forth. Also, the COVID pandemic has harmed the turn of events, creation, and supply of medications and impacted the development of the medical services organizations of different organizations across the globe. This has prompted the conclusion of modern foundations, aside from the assembling of fundamental wares and prompting of disturbance in the inventory network of items. Accordingly, the COVID-19 pandemic has impacted the economy in three primary ways; 1) by straightforwardly influencing the creation and demand; 2) by making disturbances in dissemination channels; and 3) through its monetary effect on organizations and monetary business sectors. Store network and assembling exercises in India, China, and the U.S. Furthermore, others have been disturbed due to the worldwide lockdowns, while nations like Thailand, Indonesia, Singapore, and others are dealing with issues concerning the transportation of medications and prescriptions.
Hence, the effect of the COVID-19 pandemic is supposed to restrict the development of the global transient elastography devices market during the estimated timeframe.
Drivers
The global transient elastography devices market had a valuation of US$ 83.2 million in 2021 and is anticipated to grow at a CAGR of 3.5% during the conjectured time frame (2021-2028).
Expanding organizations by central members and increasing the number of item dispatches are supposed to drive the development of the global transient elastography devices market.
The central point helping the market’s development during the estimated timeframe incorporates the rising number of organizations by the vital participants on the lookout. In August 2019, Wuxi Hisky Medical Technologies Co., Ltd., a China-based clinical gadget organization, launched another item series, iLivTouch, which utilizes multichannel imaging with directed transient elastography to evaluate the condition of hepatic fibrosis and steatosis.
Besides, key market players are centered around item launches, as would be expected to drive the development of the global transient elastography devices market. In November 2020, Echosens, a high-innovation organization offering the FibroScan group of items, reported the launch of FibroScan 630 Expert, a far-reaching, painless answer for surveying solidness and guaranteeing effective liver sickness for executives in the U.S.
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Restrictions
Development of the global transient elastography devices market is supposed to be hampered over the conjectured period, attributable to substitute advancements such as shear wave elastography (SWE), and attractive reverberation elastography (MRE). Attractive reverberation elastography (MRE) is valuable in recognizing the improvement of fibrosis in diffuse liver. SWE can be utilized as an option in contrast to transient elastography (TE) gadget when TE gadgets can’t acquire satisfactory outcomes for patients experiencing weight and ascites.
Competitive Landscape
Major companies contributing to the global transient elastography devices market include HISKY Medical Technologies Co., Ltd., Echosens, and SMEDA Medical Co., Ltd.
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Transient Elastography Devices Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Transient Elastography Devices Industry Impact
Chapter 2 Global Transient Elastography Devices Competition by Types, Applications, and Top Regions and Countries
2.1 Global Transient Elastography Devices (Volume and Value) by Type
2.3 Global Transient Elastography Devices (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Transient Elastography Devices Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Transient Elastography Devices Market Analysis
Chapter 6 East Asia Transient Elastography Devices Market Analysis
Chapter 7 Europe Transient Elastography Devices Market Analysis
Chapter 8 South Asia Transient Elastography Devices Market Analysis
Chapter 9 Southeast Asia Transient Elastography Devices Market Analysis
Chapter 10 Middle East Transient Elastography Devices Market Analysis
Chapter 11 Africa Transient Elastography Devices Market Analysis
Chapter 12 Oceania Transient Elastography Devices Market Analysis
Chapter 13 South America Transient Elastography Devices Market Analysis
Chapter 14 Company Profiles and Key Figures in Transient Elastography Devices Business
Chapter 15 Global Transient Elastography Devices Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
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