Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Breast Imaging Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 8.1% during the review period (2022 to 2027).
Breast Imaging Market Overview
Breast imaging aids in the diagnosis of breast cancer and other related problems, hence the market is expected to grow greatly as the number of cases of breast cancer rises.
Additionally, the rising number of government initiatives to spread awareness among people about the early detection of breast cancer will be a major driver influencing the breast imaging market's growth rate. Another significant factor resulting in the expansion of market is the advancement of technology in breast imaging modalities. Furthermore, rising geriatric population and increasing level of public-private investments, grants and funding are the major drivers that will enhance the growth of market.
Industry News:
3D Mammography Significantly Increases the Detection of Breast Cancer Concludes a Study that Reviewed Close to Half a Million Exams Published in the Journal of the American Medical Association (JAMA)
Hologic, Inc. (NASDAQ: HOLX) today announced that a groundbreaking study published in the June 25, 2014 issue of the Journal of the American Medical Association (JAMA), found that Hologic's 3D Mammography (breast tomosynthesis) screening technology finds significantly more invasive cancers than a traditional mammogram. The researchers also found that 3D mammography reduces the number of women called back for unnecessary testing due to false alarms. That reduces anxiety, as well as health care costs.
What are the major Applications, Types and Regions for Breast Imaging Market?
By Type, it is segmented into
- Mammography
- Breast Ultrasound
- Breast MRI
- Others
- By Applications
- Hospitals
- Diagnostic Centers
- Others
Breast Imaging Market Regional Analysis
North America dominates the breast imaging market because of the growing adoption of advanced healthcare imaging technologies and major market players in this region. Additionally, the increasing prevalence of breast cancer will further enhance the market's growth rate in this region.
Asia-Pacific is expected to grow during the forecast period due to the rising patient pool in this region. Also, rising geriatric population and surging level of personal disposable income will propel the market's growth rate in this region.
All these factors greatly affect the Breast Imaging Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Breast Imaging Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Breast Imaging Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Breast Imaging Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2028 CAGR
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- CAGR of 8.1 % during the review period (2022 to 2027).
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By Type
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- Mammography
- Breast Ultrasound
- Breast MRI
- Others
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By Applications
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- Hospitals
- Diagnostic Centers
- Others
- Others
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By Companies
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Hologic, Inc. (US), GE Healthcare (US), Siemens Healthineers (Germany), Koninklijke Philips N.V. (Netherlands), Fujifilm Holdings Corporation (Japan), Canon Inc. (Japan), Aurora Healthcare US Corp. (US), Allengers (India), Dilon Technologies, Inc. (US)
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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115
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Healthcare IT Report
- Evaluate Breast Imaging Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Breast Imaging Market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Breast Imaging Market is studied from 2017 - 2027.
What is the growth rate of Breast Imaging Market?
The Breast Imaging Market is growing at a CAGR of 8.1% over the next 5 years.
Who are the key players in Breast Imaging Market?
Hologic, Inc. (US), GE Healthcare (US), Siemens Healthineers (Germany), Koninklijke Philips N.V. (Netherlands), Fujifilm Holdings Corporation (Japan), Canon Inc. (Japan), Aurora Healthcare US Corp. (US), Allengers (India), Dilon Technologies, Inc. (US)
What region does this Breast Imaging Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Breast Imaging Market?
- Mammography, Breast Ultrasound, Breast MRI, Others
What are the major Applications of Breast Imaging Market?
Hospitals, Diagnostic Centers, Others, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.