Global Breast Imaging Market Size study, by technology (ionizing and non-ionizing) and Regional Forecasts 2018-2025

Global breast imaging market is poised to raise USD 8.3 billion by 2025. An increasing prevalence of breast cancer is the key factor driving the growth of the global breast imaging market over the forecast period. According to the World Cancer Research Fund International (WCRFI), breast cancer is the most common form of cancer in women worldwide with an average 2million new cases being detected every year. According to the American Cancer Research Society (ACRS) anticipates, by 2030 incident rate of breast cancer is expected to reach over 9.9million cases with over 5.5million annual deaths, primarily due to the aging population. Incident rates of breast cancer are highest (46% in 2016) amongst women aged between 45-65 years across the globe. ACRS studies reveal that with an aging population prevalence rate of breast cancer amongst elderly women aged 55 years and above is bound to increase. Breast cancer represents 12% of all new cases of cancer amongst women in 2016, according to WCRFI. Europe leads the world with the highest number (25% in 2016) of new breast cancer cases in the world followed by North America and the Asia Pacific, according to National Cancer Institute (NCI), USA. Belgium, Denmark, France, Netherlands, Bahamas, and USA are countries with the highest rates of breast cancer in the world according to WCRFI survey in 2016. The global economic burden due to breast cancer stood at $5.7billion in 2016 according to ACRS. However, ACRS estimates, the economic burden on breast cancer is anticipated to reach over $8billion by 2025. Increasing number of breast cancer cases would supplement the global breast imaging market for the forecast period.

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Key players mainly include-
Siemens Healthcare
Dilon Technologies, Inc.
GE Healthcare
Hologic, Inc.
SonoCine, Inc
Philips Healthcare
Aurora Imaging Technology, Inc.
Fujifilm Holdings Corporation
Gamma Medica, Inc.

Key findings of the study:
North America accounted for the significant market share owing to the high breast cancer prevalence rates, raising awareness about breast cancer, increasing healthcare expenditure and favorable regulatory environment.
The Asia Pacific will be the highest growing region with respect to geographical segmentation owing to the growing medical tourism and increasing healthcare expenditures in countries such as India and China.

Segment by Technology Outlook:
Ionizing
o Analog Mammography
o Full-field Digital Mammography
o Electric Impedance Tomography
o Positron Emission Mammography
o 3D Breast Tomosynthesis
o Positron Emission tomography & Computed Tomography
o MBI/BSGI
Non-ionizing
o Optical Imaging
o MRI
o Ultrasound
o Thermography
o Automated whole-breast Ultrasound

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Regional Outlook:
North America
Europe
Asia Pacific
Latin America
Rest of the World

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This release was published on openPR.