Press release
Breast Imaging Devices Market Forecast 2024-2033 - Major Trends, Segments And Fastest Growing Regions | Siemens Healthineers AG, Hologic, Inc., GE Healthcare, FUJIFILM Holdings Corporation
Breast Imaging Devices Global Market Report
The Business Research Company presents an extensive market research report on the Breast Imaging Devices Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The breast imaging devices market size has grown strongly in recent years. It will grow from $4.53 billion in 2023 to $4.76 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to growth in the number of healthcare facilities, economic growth in emerging markets, rapid technological advances, rising prevalence of breast cancer and aging female population.
The breast imaging devices market size is expected to see strong growth in the next few years. It will grow to $5.9 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to awareness for early detection of breast diseases, rising use of diagnostic medical imaging, increasing investment and funding for breast cancer treatments. Major trends in the forecast period include investing in product portfolio expansion, strategic collaboration and increasingly investing in development of portable devices, investing in photoacoustic breast imaging, augmented reality (ar) for breast imaging and hybrid imaging technology.
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Key Market Players:
Major companies operating in the breast imaging devices market report are Siemens Healthineers AG, Hologic, Inc., GE Healthcare, FUJIFILM Holdings Corporation, Canon, Philips Healthcare, Aurora Imaging Technology Inc., Delphinus Medical Technologies, Micrima Limited, SonoCine Inc., Hitachi, Ltd., QT Ultrasound LLC, Trivitron Healthcare, Telerad Tech, Henan Forever Medical Co., Ltd., Guangzhou Medsinglong Medical Equipment Co., Ltd., Medsinglong Co Ltd, Toshiba Corporation, Wuhan Darppon Medical Technology Co., Ltd., Koninklijke Philips N.V., Planmed Oy, Barco NV, Esaote SpA
Market Drivers:
The rising prevalence of breast cancer is anticipated to contribute to the breast imaging device market's growth. A growing number of hormone replacement therapies (HRT), hormonal imbalances, menopause, and various reproductive disorders have significantly increased the risk of breast cancer. According to the World Health Organization (WHO), breast cancer is the most common cancer in women, impacting 2.1 million women annually. Breast cancer causes the highest number of cancer-related deaths among women. For instance, in February 2023, according to the American Society of Clinical Oncology (ASCO), a US-based professional organization that publishes patient information on the cancer.net website, women are diagnosed with breast cancer in the United States for 1 in 3 new female cancers annually, and in 2023, an estimated 297,790 women in the United States will be diagnosed with invasive breast cancer and 55,720 with non-invasive (in situ) breast cancer.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/breast-imaging-devices-global-market-report
The breast imaging devices market covered in this report is segmented -
1) By Product Type: Tomosynthesis, Breast Ultrasound, Breast Magnetic Resonance Imaging (MRI), Mammography, Nuclear Imaging, Other Product Types
2) By Technology: Ionizing, Non Ionizing
3) By End User: Hospitals and Clinics, Breast Care Centers, Diagnostic Imaging Centers
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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