Press release
Breast Imaging Devices Market: Rapid Growth and Emerging Trends Amid Rising Prevalence of Breast Cancer
The global market for breast imaging devices is witnessing strong growth owing to technological advancements and increased healthcare infrastructure.What Is The Projected Market Size Of The Global Breast Imaging Devices Market And Its Growth Rate?
The global breast imaging devices market has been experiencing significant growth, driven by factors such as technological advancements and an increase in the prevalence of breast cancer.
• The market size was valued at $4.88 billion in 2024, and it is predicted to grow to $5.14 billion in 2025, at a compound annual growth rate (CAGR) of 5.3%.
• The market is projected to witness a further increase, reaching up to $6.86 billion in 2029, at a CAGR of 7.5%.
What Is Driving The Growth In The Breast Imaging Devices Market?
The rising incidence of breast cancer, technological advancements, economic growth in emerging markets, and an increase in the number of healthcare facilities are key drivers promoting the growth of the breast imaging devices market. Multiple factors including hormone replacement therapies (HRT), hormonal imbalances, menopause, and various reproductive disorders have significantly increased the risk of breast cancer, further driving the demand for breast imaging devices.
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Who Are the Key Players Driving Breast Imaging Devices Market Growth?
Key players aiding in the growth of the breast imaging devices market include:
• Siemens Healthineers AG
• Hologic, Inc.
• GE Healthcare
• FUJIFILM Holdings Corporation
• Canon
• Philips Healthcare
• Aurora Imaging Technology Inc.
What Are The Key Trends In The Breast Imaging Devices Market?
Major trends in the breast imaging devices market include:
• Investing in product portfolio expansion
• Strategic collaborations
• Increasing investment in the development of portable devices
• Investing in photoacoustic breast imaging
• Augmented reality (AR) for breast imaging
• Hybrid imaging technology
What Are The Segments Of The Global Breast Imaging Devices Market?
The global breast imaging devices market is segmented by:
• Product Type: Tomosynthesis, Breast Ultrasound, Breast Magnetic Resonance Imaging (MRI), Mammography, Nuclear Imaging, Other Product Types
• Technology: Ionizing, Non Ionizing
• End User: Hospitals And Clinics, Breast Care Centers, Diagnostic Imaging Centers
Which Region Leads The Breast Imaging Devices Market?
North America was the largest region in the breast imaging devices market in 2024, followed by Asia-Pacific. The market is expected to grow across all regions including, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Breast Imaging Devices Market Global Market Report?
- Market Size Analysis: Analyze the Breast Imaging Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Breast Imaging Devices Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Breast Imaging Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Breast Imaging Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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