Breast Imaging Market is Expected to Register 7.5% CAGR By 2025

Breast Imaging Market Scenario

The Global Breast Imaging Market 2020, according to MRFR, is poised to register 7.5% CAGR over the review period, 2019 to 2025, and is slated to acquire USD 4.9 billion by 2025.

Breast Imaging Market Highlights

For the launch of revolutionary breast imaging equipment, which is expected to fuel the global demand during the forecast period, many major manufacturers are engaged in research and development. The growing spending of developing countries on healthcare, combined with technical advances in the field of oncology worldwide, has further contributed to the growth of the industry. In addition, the advent of new imaging technology for screening and diagnosis of various chronic diseases has significantly affected the development of the industry. Several corporations carry out social responsibility programmes to help women inform about breast wellbeing and its prevention steps. For example, an advertisement about the understanding of breast density and its effect on screening techniques has recently been introduced by companies such as GE Healthcare. With the growing recognition, it is expected that the market for breast imaging will increase in during the time of evaluation.

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However, the growth of the global industry is hindered by variables such as strict regulatory strategies, product recall, and others. On the flip side, the high cost of breast imaging solutions coupled with the lack of knowledge among women 's population about breast imaging is expected to dampen demand growth during the prognosis period.

Breast Imaging Market Segmental Analysis

The global breast imaging market is segmented based on technology, end users, and region.

The global market for breast imaging, by technology, is segmented into ionizing, non-ionizing, and others.

The ionizing segment accounted for the largest segment of the market due to a high number of individuals opting for mammography.

Based on end user, the global market is segmented into hospitals and clinics, specialty centers, and others. The hospitals and clinics segment is expected to hold the largest market share.

Breast Imaging Market Regional Overview

The aforementioned parts are covered in the current framework of the research within the four global regions, namely the Americas, Europe , Asia-Pacific, and the Middle East & Africa.

Of all countries, America is recognised as the main breast imaging market. Growth is due to the increasing prevalence of breast cancer, creative imaging technologies for breast imaging and the creation by major industry players of modern imaging products. The North American area market is powered by the widespread use of imaging modalities such as CT, mammography, and MRI for breast cancer screening. Because of the participation of major players, along with focus on women's healthcare, the US is known to have the largest market share.

The European market is projected to witness substantial growth due to increased spending by major countries such as the UK on research and development activities. Germany's demand is expanding at a significant pace due to the widespread use of emerging breast imaging imaging technology combined with the rapid development of the medical devices industry. Furthermore, the desire to create new imaging technologies for early cancer screening is also seen as leading to market growth in this region.

Due to the involvement of some of the biggest contributors, such as China, Japan , and India, the Asia Pacific region offers multiple growth opportunities. With growing awareness of breast cancer along with the use of cancer screening medical devices, the breast imaging demand in this area is expected to increase. In addition , the rapid growth of China and India 's healthcare imaging industry and growing government funding for diagnostic facilities and healthcare infrastructure upgrades lead to business growth.

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Breast Imaging Market Competitive scenario

Some of the eminent players operating in the global breast imaging market are Hologic, Inc. (US), Supersonic Imagine (France), Koninklijke Philips N.V. (Netherlands), Dilon Technologies, Inc. (US), GENERAL ELECTRIC COMPANY (US), FUJIFILM Corporation (Japan), Siemens Healthcare Private Limited (Germany), SonoCiné (US), CMR Naviscan (US), PLANMED OY (Finland), and KUB Technologies (US).

Table Of Contents

1. REPORT PROLOGUE

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope Of The Study

2.2.1. Research Objective

2.2.2. Assumptions

2.2.3. Limitations

3. RESEARCH METHODOLOGY

3.1. Overview

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

4. MARKET DYNAMICS

4.1. Overview

4.2. Drivers

4.3. Restraints

4.4. Opportunities

5. MARKET FACTOR ANALYSIS

...TOC Continued

LIST OF TABLES

TABLE 1 GLOBAL BREAST IMAGING MARKET SYNOPSIS, 2019–2025

TABLE 2 GLOBAL BREAST IMAGING MARKET ESTIMATES & FORECAST, 2019–2025 (USD MILLION)

TABLE 3 GLOBAL BREAST IMAGING MARKET, BY TECHNOLOGY, 2019–2025 (USD MILLION)

TABLE 4 GLOBAL BREAST IMAGING MARKET, BY END USER, 2019–2025 (USD MILLION)

TABLE 5 GLOBAL BREAST IMAGING MARKET, BY REGION, 2019–2025 (USD MILLION)

TABLE 6 NORTH AMERICA: BREAST IMAGING MARKET, BY TECHNOLOGY, 2019–2025 (USD MILLION)

...Continued

LIST OF FIGURES

FIGURE 1 RESEARCH PROCESS

FIGURE 2 MARKET STRUCTURE FOR THE GLOBAL BREAST IMAGING MARKET

FIGURE 3 MARKET DYNAMICS FOR THE GLOBAL BREAST IMAGING MARKET

FIGURE 4 GLOBAL BREAST IMAGING MARKET SHARE, BY TECHNOLOGY, 2018 (%)

FIGURE 5 GLOBAL BREAST IMAGING MARKET SHARE, BY END USER, 2018 (%)

FIGURE 6 GLOBAL BREAST IMAGING MARKET SHARE, BY REGION, 2018 (%)

...Continued

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