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Examining the Landscape of the Digital Breast Tomosynthesis Equipment Market Size Report, Share, Revenue, and Growth Rate Forecasted to 2031 | Siemens Healthineers, Fujifilm Corporation, Planmed OY

05-22-2024 09:25 AM CET | Health & Medicine

Press release from: Coherent Market Insights

Digital Breast Tomosynthesis Equipment Market

Digital Breast Tomosynthesis Equipment Market

Market Overview:

Digital breast tomosynthesis equipment utilizes three-dimensional (3D) imaging technology and helps in early detection of breast cancer. It provides clearer pictures of the breast by collecting multiple X-ray images from different angles around the breast.

Market Dynamics:

Increasing prevalence of breast cancer is expected to drive growth of the digital breast tomosynthesis equipment market. According to the World Cancer Research Fund International, breast cancer is the most common cancer in women worldwide, with an estimated 2.3 million new cases diagnosed in 2020. Additionally, growing awareness regarding early breast cancer detection and benefits of 3D mammography is further expected to propel the market growth over the forecast period. Government initiatives to raise awareness about early screening of breast cancer also support adoption of digital breast tomosynthesis equipment. For instance, the Union for International Cancer Control's project named Global Initiative for Cancer Registry Development aims to establish population-based cancer registries worldwide.

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List of TOP Players in Market Report are: -

◘ Hologic Inc.
◘ Internazionale Medico Scientifica-S.R.L
◘ GE Healthcare
◘ Siemens Healthineers
◘ Fujifilm Corporation
◘ Planmed OY
◘ Trivitron Healthcare
◘ Varex Imaging Corporation
◘ Analogic Corporation

Note: Major Players are sorted in no particular order.

Market Detailed Segmentation:

By Product Type: Equipment, Upgradation
By End user: Hospitals, Diagnostic Centers

Driver: Growing Screening Rate for Better Breast Cancer Diagnosis

The digital breast tomosynthesis equipment market is experiencing growth owing to increasing number of breast cancer screening programs across the globe. breast cancer is the most common cancer type among women worldwide. Regular screening helps in early detection and increases chances of effective treatment. Governments of various countries are promoting awareness programs and subsidizing screening costs to enhance screening rates. This is increasing the demand for advanced breast cancer screening equipment like digital breast tomosynthesis which provides more accurate 3D views of breasts compared to conventional 2D mammography. The ability of DBT to detect tumors that otherwise could be masked on 2D images is a major factor driving its adoption.

Continuous innovations are taking place in the digital breast tomosynthesis technology to offer clearer anatomical details and enhance clinical outcomes. Vendors are focusing on integrating AI capabilities for automated analysis of breast images. Improved hardware and software are allowing high-resolution full-field digital mammography combined with tomosynthesis from a single exam. 3D modeling and computer-aided detection tools are being added which assists radiologists in reviewing images. Newer systems also provide dose reduction during screening without compromising image quality. Such ongoing technological developments are increasing the preference for digital breast tomosynthesis over conventional mammography among healthcare providers and patients.

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Restrain: High Procurement and Maintenance Costs

The high installation and maintenance costs of digital breast tomosynthesis equipment pose a major challenge to its widespread adoption, especially in price-sensitive developing markets. The pricing of advanced DBT systems starts from hundreds of thousands of dollars based on the configuration which makes procurement difficult for budget-constrained public hospitals and diagnostic centers. Moreover, expensive annual service contracts and need for trained technicians further adds to the overall cost of ownership. This makes digital breast tomosynthesis out of reach for individuals and institutes relying on limited healthcare budgets. Unless solutions to reduce costs are offered, price will continue restricting the digital breast tomosynthesis equipment market growth to some extent.

Opportunity: Emerging Economies with Large Untapped Population

The digital breast tomosynthesis equipment market sees lucrative opportunities in emerging countries with growing healthcare investment and large patient bases still lacking access to advanced breast cancer screening. Governments of nations like China, India, Brazil, Mexico are prioritizing reforms to strengthen their healthcare infrastructure and enhance access to diagnostic services. This rising focus on modernizing healthcare along with increasing per capita incomes in developing regions creates a massive untapped market for medical device manufacturers. Vendors can explore partnerships, financing schemes and favorable pricing models to capitalize on opportunities arising from improving affordability in emerging markets. Penetrating such markets during early adoption phase can help gain sizable revenue shares in future.

Trend: Consolidation of Equipment Suppliers

The digital breast tomosynthesis equipment market has been witnessing a rising trend of mergers and acquisitions as prominent companies look to broaden their product portfolios and geographical presence. Large conglomerates are acquiring smaller specialized firms to complement their existing product lines as well as utilize acquired firm's distribution networks and client databases. For instance, Hologic acquired Faxitron Bioptics to expand breast and skeletal imaging solutions. GE acquired BE to become a major DBT offering provider. Such consolidation activities allow vendors to achieve economies of scale, synergies in operations and strengthen their market position globally. This trend of industry consolidation amongst key equipment suppliers is expected to continue in coming years.

Furthermore, the years considered for the study are as follows:

Historical data - 2016-2022
The base year for estimation - is 2022
Estimated Year - 2024
Forecast period** - 2024 to 2031

This Digital Breast Tomosynthesis Equipment Market Research/Analysis Report Contains Answers to your following Questions:

◈What are the current global trends in the Digital Breast Tomosynthesis Equipment market, and will the market experience an increase or decrease in demand in the upcoming years?

◈ What is the expected demand for various product types within the Digital Breast Tomosynthesis Equipment market, and what are the emerging Market applications and trends?

◈ What are the projections for the global Digital Breast Tomosynthesis Equipment Market in terms of capacity, production, production value, cost, profit, market share, supply, consumption, import, and export?

◈ How will strategic developments shape the Market trajectory in the medium to long term?

◈ What factors contribute to the final price of Digital Breast Tomosynthesis Equipment , and what are the raw materials used in its manufacturing?

◈ What is the market's growth potential, particularly with the increasing adoption of Digital Breast Tomosynthesis Equipment in mining?

◈ What is the current and 2022 value of the global market, and who are the leading companies in this market?

◈ What recent Market trends can be leveraged to create additional revenue streams?

◈ What entry strategies, economic impact mitigation measures, and marketing channels should be considered for the Digital Breast Tomosynthesis Equipment Market?

We Offer Customized Report, Click @ https://www.coherentmarketinsights.com/insight/request-customization/3445

Summarized Extracts from TOC of Market Study

Chapter 1 Digital Breast Tomosynthesis Equipment Introduction and Market Overview

1.1 Objectives of the Study

1.2 Overview of Digital Breast Tomosynthesis Equipment

1.3 Scope of The Study

1.3.1 Key Market Segments

1.3.2 Players Covered

1.3.3 COVID-19's impact on the Digital Breast Tomosynthesis Equipment industry

1.4 Methodology of The Study

1.5 Research Data Source

Chapter 2 Executive Summary

Chapter 3 Industry Chain Analysis

Chapter 4 Market, by Type

Chapter 5 Market, by Application

Chapter 6 Market Analysis by Regions

Chapter 7 North America Market Analysis by Countries

Chapter 8 Europe Digital Breast Tomosynthesis Equipment Market Analysis by Countries

Chapter 9 Asia Pacific Digital Breast Tomosynthesis Equipment Market Analysis by Countries

Chapter 10 Middle East and Africa Digital Breast Tomosynthesis Equipment Market Analysis by Countries

Chapter 11 South America Digital Breast Tomosynthesis Equipment Market Analysis by Countries

Chapter 12 Competitive Landscape

Chapter 13 Industry Outlook

Chapter 14 Market Forecast

Chapter 15 New Project Feasibility Analysis

Contact Us

Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame,
CA 94010, United States
Phone: US +12067016702 / UK +4402081334027
JAPAN:+81-50-5539-1737
INDIA:+91-848-285-0837
Email: sales@coherentmarketinsights.com

About Coherent Market Insights

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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