Press release
Breast Cancer Diagnostics Market is Estimated to Grow at a CAGR of 6.8% within the forecast period of 2023-2030: Cognitive Market Research
Breast Cancer Diagnostics Market is Estimated to Grow at a CAGR of 6.8% within the forecast period of 2023-2030
- Breast cancer is a disease of abnormal growth of the cells in breast. It mostly occurs in women but men can also get breast cancer too. Doctors often use various tests to find or diagnose breast cancer. The first step in breast cancer diagnosis is usually a physical exam by a doctor or nurse practitioner. Mammography and ultrasound can be a part of the exam. Based on these evaluations, the decisions are made to perform a tissue biopsy.
Summary:
- As per our study, the Global Breast Cancer Diagnostics market size was valued at USD 3.6 billion in 2023 and is expected to expand at a CAGR of 6.8% from 2023 to 2030. Geographically, North America is dominating region for the global breast cancer diagnostic market
To know more The Breast Cancer Diagnostics Market statistics click here: https://www.cognitivemarketresearch.com/breast-cancer-diagnostic-market-report
Market Dynamics:
- Growing demand for technologically advanced diagnostics products that can enable better accuracy, and increasing prevalence of breast cancer among women, are the major driving factors for the global breast cancer diagnostics market. Breast cancer is one of the most common cancers in the world. According to World Health Organization, in 2020, there were 2.3 million women diagnosed with breast cancer and 685,000 deaths globally. Further, initiatives taken by the government and rising awareness about breast cancer among people are major factors that can create lucrative opportunities for the breast cancer diagnostic market during the forecast period. However, the high cost of diagnostics procedures and social stigma & fear among people can hamper the growth of the market.
Market Segmentation:
- Test Type:
• Imaging
• Biopsy
• Genomic Test
• Blood Test
• Others
Based on test type, the market is segmented into imaging, biopsy, genomic test, blood test, and others. Imaging is the most popular test and accounts highest market share.
- Product Type:
• Platform-based Products
• Instrument-based Products
Based on product type, the market is segmented into platform-based products and instrument-based products. Platform-based products include next-generation sequencing, microarrays, PCR, and others. Further, instrument-based products include imaging and biopsy. The platform-based product segment is anticipated to witness the fastest growth during the forecast period, due to the novelty of products and higher preference for these products.
- End User:
• Hospitals & Clinics
• Research & Academic Institutes
• Diagnostic Centers
• Others
The hospitals and clinic segment, is dominating the breast cancer diagnostics market, owing to increasing breast cancer cases and awareness about breast cancer. After the screening test, patients undergo a biopsy for confirmatory testing hospitals, which is propelling the growth of the market.
- Distribution Channel:
• Direct Tender
• Retail Sales
• Others
- Competitive Analysis for Breast Cancer Diagnostics Market: Danaher, Hologic, Merit Medical, BD, Stryker, Galini SRL, Medtronic.
Get free sample pages of latest published Breast Cancer Diagnostics Market Report: https://www.cognitivemarketresearch.com/breast-cancer-diagnostic-market-report
Regional Analysis:
- North America is dominating region for the global breast cancer diagnostic market. The major factors which are contributing to the dominance of this region are the strong presence of the major market players, well-established healthcare infrastructure, and quick adoption of advanced technologies. Further, APAC is estimated as the second largest market for the breast cancer diagnostic market and is also projected to grow with the highest CAGR during the forecast period. This is due to rising awareness about breast cancer, increasing government initiatives for the awareness and treatment of breast cancer, adoption of advanced diagnostic techniques, and others.
News
- Niramai launched novel kits for breast cancer screening (October 2022)
Bengaluru (India)-based startup Niramai has launched 'Easy Launch Kits' for breast cancer screening as a special starter kit for socially concerned organizations enabling them to provide accurate breast cancer screening services by spending Rs 1000 per day.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Breast Cancer Diagnostic Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Breast Cancer Diagnostic Market Segmentation
1.5.1 Breast Cancer Diagnostic Market Regional Fragmentation
1.5.1 Breast Cancer Diagnostic Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Breast Cancer Diagnostic Market
• 3.1 Global Breast Cancer Diagnostic Market Size 2018 - 2030, (USD Million)
• 3.2 Global Breast Cancer Diagnostic Market Statistics 2022: Snapshot
Chapter 4 Global Breast Cancer Diagnostic Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Breast Cancer Diagnostic Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Breast Cancer Diagnostic Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Breast Cancer Diagnostic Market Regional Analysis
Chapter 11 North America Breast Cancer Diagnostic Market Outlook (2018 - 2030)
Chapter 12 Europe Breast Cancer Diagnostic Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Breast Cancer Diagnostic Market Outlook (2018 - 2030)
Chapter 14 Latin America Breast Cancer Diagnostic Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Breast Cancer Diagnostic Market Outlook (2018 - 2030)
Chapter 16 Research Findings
To know more Breast Cancer Diagnostics Market TOC click here: https://www.cognitivemarketresearch.com/breast-cancer-diagnostic-market-report#table_of_contents
Related Report:
• Breast Cancer Treatment Market- https://www.cognitivemarketresearch.com/breast-cancer-treatment-market-report
• Breast Cancer Drugs Market- https://www.cognitivemarketresearch.com/breast-cancer-drugs-market-report
• Breast Cancer Diagnostic And Drug Technologies Market- https://www.cognitivemarketresearch.com/breast-cancer-diagnostic-and-drug-technologies-market-report
• Breast Cancer Diagnostic Technologies Market- https://www.cognitivemarketresearch.com/breast-cancer-diagnostic-technologies-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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