Breast Imaging Technologies Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2020-2030
The Global Breast Imaging Technologies Market size valued to USD 3.54 billion in 2019, is predicted an elevation up-to USD 7.43 billion by 2030, with a growing CAGR of 6.90% from 2020-2030.
The breast imaging technology is a branch of diagnostic radiology that deals with the imaging of breasts for screening and diagnosis purpose. It provides high-resolution images of breast tissues using x-rays, MRI, sonography, and other breast imaging modalities. The ionizing and non-ionizing imaging modalities, assist in the early detection and examination of breast diseases, especially breast cancer in women.
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Market Dynamics and Trends:
According to WHO, more than 627,000 women died from breast cancer in the year 2018, with death rates increasing in every region at global level. The increasing incidences of breast disease in women, especially breast cancer, augments the demand for breast imaging modalities, to assist in the early diagnosis, prevention, and treatment of breast disease; hence propelling growth of the global breast imaging technologies market.
The global breast imaging technologies market is observing a substantial growth from past few years, and is expected to hike tremendous growth in the coming future. The factors fostering the market growth are, increasing initiatives by government & non-government organizations to raise awareness about early breast cancer detection, technological advancements in breast imaging modalities, and developments of the healthcare infrastructures.
Market Segmentations and Scope of the Study:
The breast imaging technologies market share analysis is based on technology and geography.
Based on technology, the breast imaging technologies market is segmented into ionizing and non-ionizing. The ionizing segment is further divided into full-field digital mammography, cone-beam computed tomography, analogue mammography, positron emission tomography & computed tomography, positron emission mammography, electric impedance tomography, 3D breast tom synthesis, and MBI/BSGI. The non-ionizing segment is further sub segmented into MRI, optical imaging, automated whole-breast ultrasound, thermography, and ultrasound. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.
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North America is expected to dominate the global breast imaging market, accounting for the highest market shares. This is attributed to factors such as well-established healthcare infrastructures, better reimbursement facility, higher adoption of advanced medical technologies, higher investments in R&D activities, presence of key players and cutting-edge product launches.
Asia-Pacific region is expected to witness a substantial growth in the global breast imaging technologies market with the highest CAGR values, owing to factors like, increasing government & non-government initiatives to prevent breast cancer, and constant development in the healthcare infrastructures.
Comprehensive competitive analysis and profiles of the major market players such as GE Healthcare, Hologic, Inc., Fujifilms Holdings Corp., SonoCine, Inc., Philips Healthcare, Gamma Medica, Inc., Siemens Healthcare, Toshiba Corporation, Dilon Technologies, Inc., Aurora Imaging Technology, Inc., and others are provided in the breast imaging technologies market report.
The past endeavors, present developments and futuristic advancements, sum-up to comprehend the overall growth of the global Breast Imaging Technologies Market
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