Breast Imaging Market Revenue, Trends, & Regional Overview

By Author: Pruthviraj
Total Articles: 10
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Breast Imaging Market Overview

The breast imaging market is expected to register a CAGR of 8.38% during the forecast period 2020-2027, to reach USD6,810.80 million by 2027.

Breast imaging market is a subspecialty of diagnostic radiology, which utilizes ionizing or non-ionizing radiation to detect tumor lesions in the breast. This technique enables the clinicians to conduct early diagnosis before the actual symptoms appear. The growth of global breast imaging is driven by the rising prevalence of breast cancer, increasing prevalence of early detection of cancers, growing geriatric population. However, the associated risk from radiation exposure is likely to restrain the market growth.

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Breast Imaging Market Segmental Analysis

The global breast imaging market is segmented into technology, end user, and region. The technology segment is further segmented into ionizing technology, non-ionizing technology, and others. Ionizing technology is further sub-segmented into mammography, Molecular Breast Imaging (MBI)/molecular ...
... Breast-Specific Gamma Imaging (BSGI),PET-CT, Contrast-Enhanced Spectral Mammography (CESM),and cone-beam computed mammography. Mammography is further sub-segmentedinto digital mammography/Full-Field Digital Mammography (FFDM),3D mammogram/3D breast tomosynthesis, Positron Emission Mammography (PEM),and analog mammography. The non-ionizing technology segment is further sub-segmented into breast ultrasound,breast MRI,breast thermography,optical imaging,microwave imaging, Electrical Impedance Imaging (EII), and others. The end user segment is further segmented into hospitals & clinics, specialty centers, and others.

Breast Imaging Market Regional Analysis

The global breast imaging market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World.

North America dominated the global breast cancer imaging market owing to various factors such as the high prevalence of breast cancer among women, rising awareness about breast cancer, technological advancements, and the presence of major manufacturers in the region.

The breast cancer patientsare increasing in the US and Canada. It is the most common cancer in American women, and the average risk of developing breast cancer in women in the US is about 13% in their life. According to the American Cancer Society, it is estimated that in 2021, around 281,550 new cases of invasive breast cancer will be registered in women, approximate 49,290 new cases of Ductal Carcinoma In Situ (DCIS) will be registered, and about 43,600 women will die from breast cancer in the US.

Europe also has evolved as a prominent market for breast imaging with an increasing prevalence of breast cancer, a growing geriatric population, and a well-established healthcare infrastructure. The region has considerable growth potential that would help in the expansion of the breast imaging market in the coming years. It is estimated that in the year 2020, more than 355,000 women in the EU-27 will be diagnosed with breast cancer. Elderly population is increasing in Europe. In 2019, Italy had the largest share of the elderly population in the region. The number of people aged 65 years and older was 22.8% in 2019. Most countries and territories with the highest median ages, 14 to 20, are in Europe, led by Italy, Portugal, and Germany. This high number of elderly people leads to an increasing number of cancer patients in the region as the prevalence of breast cancer increases with age. 95% of new cases occur in women aged 40 years or older.

Breast Imaging Market Players

MRFR recognizes the following companies as the key players in the global breast imaging market—Koninklijke Philips NV (Netherlands),General Electric Company (US),Siemens (Germany),Fujifilm Holdings Corporation (Japan),Hologic, Inc. (US),Delphinus Medical Technologies, Inc. (US),SonoCiné (US),CMR Naviscan Corporation (US),Planmed Oy (Finland),and KUB Technologies (US).

among others are some key companies in the global Breast Imaging that are listed by MRFR for market research.

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