FMI's Projections: Digital Breast Tomosynthesis Equipment Market to Achieve US$2,594.4 Million Valuation by 2033 at a 13.9% CAGR

From 2023 to 2033, the global market for digital breast tomosynthesis (DBT) equipment is forecasted to experience substantial growth, demonstrating a compelling compound annual growth rate (CAGR) of 13.9%. This growth trajectory is anticipated to propel the market's estimated worth to a substantial US$ 2,594.4 million by 2033. By that year, it is expected that the digital breast tomosynthesis (DBT) equipment market will have expanded even further, reaching an impressive value of US$ 9,495.1 million.

The expansion of the digital breast tomosynthesis (DBT) equipment market is closely intertwined with the increasing prevalence of breast cancer and the growing demand for advanced breast cancer screening and diagnostic solutions. At the heart of this advancement is a state-of-the-art technology known as digital breast tomosynthesis, or 3D breast tomosynthesis, which empowers radiologists to conduct highly accurate breast cancer diagnoses.

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>Report Description

This report examines the global digital breast tomosynthesis equipment market for the period 2016-2026. The primary objective of the report is to offer insights into advancements in the digital breast tomosynthesis equipment market that are significantly helping transform the breast imaging market.

The digital breast tomosynthesis equipment market report begins by defining mammography and its types. It also lists the various mammography techniques. This is followed by an overview of the global digital breast tomosynthesis equipment market. The overview section includes FMI's analysis of key trends, drivers, restraints and opportunities influencing growth of the global digital breast tomosynthesis equipment market. Impact analysis of key growth drivers and restraints based on the weighted average model has also been included in the report to better equip clients with country-specific trends and insights.

Rising incidence of breast cancer in developing countries with increasing life expectancy and increasing adoption of unhealthy lifestyles are primary factors driving growth of the digital breast tomosynthesis equipment. Hospitals and diagnostic centres are upgrading their existing digital mammography machines and installing new DBT equipment due to increasing evidences about effective combination of 2D and 3D mammography in cancer detection and reducing false positive call-backs. Combination of 2D and 3D mammography has become the new standard of care, since 3D mammography compliments conventional 2D mammography.

The following section of the report highlights the global digital breast tomosynthesis equipment market by region. It provides a market outlook for 2016-2026 and sets the forecast within the context of the digital breast tomosynthesis equipment market. The study discusses the key regional trends contributing to growth of the digital breast tomosynthesis equipment market across the globe. It also analyses the degree to which global drivers are influencing this market in each region.

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The forecast presented here assesses the total revenue generated across the digital breast tomosynthesis equipment market. In order to offer an accurate forecast, we started by sizing the current market, which forms the basis of how the digital breast tomosynthesis equipment market would develop in the future. Given the characteristics of the market, we triangulated the outcome on the basis of three different types of analysis, i.e. by supply side, downstream industry demand and economic envelope.

It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse based on key parameters such as Year-On-Year (Y-o-Y) growth rates, to understand the predictability of the global digital breast tomosynthesis equipment market and to identify the right opportunities the market presents. The global digital breast tomosynthesis equipment market segments in terms of product type, end-user type, and regional presence are analyzed on the basis of their respective Basis Point (BPS) to understand the individual segment's relative contribution to market growth. This detailed level of information is important for the identification of various key trends in the respective market.

Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical for assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective.

In the final section of the report, the 'Competitive Landscape' is included to provide report audiences with a dashboard view, to get a firm understanding of the key differentiators among competitor firms. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the digital breast tomosynthesis equipment value chain and the potential players with regard to the same. This section also includes market strategies and SWOT analysis of the main players in the market.

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>Key Segments Covered

>By Product type
--DBT Equipment
--3-D Upgradation
>By End User
--Hospitals
--Diagnostic centres

>Key Regions Covered

-North America
-Latin America
-Western Europe
-Eastern Europe
-APEJ
-Japan
-MEA

>Key Companies

-Hologic Inc.
-Siemens Healthineers
-Fujifilm Corporation
-GE Healthcare
-Internazionale Medico Scientifica S.r.l.
-Planmed OY

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

This release was published on openPR.