We have developed the phased tracking method  for measuring the minute change in thickness during one heartbeat and the elasticity of the arterial wall with transcutaneous ultrasound. When this method is applied to a plane perpendicular to the axis of the artery (short-axis plane) using a linear-type probe, only an ultrasonic beam which passes through the center of the artery coincides with the direction of the change in thickness. At other beam positions, the wall motion cannot be accurately tracked because the direction of wall expansion slips off the beam. To obtain the cross-sectional image of elasticity in the short-axis plane using transcutaneous ultrasound, in this paper, the directions of ultrasonic beams are designed so that each beam always passes through the center of the artery; thus they always coincide with the direction of the wall expansion. In basic experiments, the accuracy in elasticity measurement was evaluated using a silicone rubber tube. In in vitro experiments using an extracted human femoral artery, the measured elasticity image were compared with the pathological image. In in vivo experiments, the minute change in wall thickness was measured along each ultrasonic beam, and the cross-sectional image of elasticity was obtained in the short-axis plane with transcutaneous ultrasound.