Press release
Breast Imaging Market is Forecast to Reach US$ 9.77 billion by 2031, Growing at a CAGR of 8.43% During 2024-2031 - GE Healthcare, Siemens Healthcare GmbH, FUJIFILM Corporation.
The Global Breast Imaging Market reached US$ 4.74 billion in 2024 and is expected to reach US$ 9.77 billion by 2033, growing at a CAGR of 8.43% during the forecast period 2025-2033.Breast Imaging Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Breast imaging refers to the techniques used to diagnose and monitor breast diseases, including mammography, ultrasound, MRI, and molecular imaging. It is essential for early detection of breast cancer, guiding biopsies, and evaluating treatment responses. Advancements in imaging technology, such as 3D mammography and AI-based diagnostics, have improved accuracy and patient outcomes. Increased awareness of breast cancer screening programs is driving market growth. Non-invasive imaging techniques continue to evolve, enhancing early-stage detection and personalized treatment.
List of the Key Players in the Breast Imaging Market:
GE Healthcare, Siemens Healthcare GmbH, FUJIFILM Corporation, Koninklijke Philips NV, Hologic, Inc., Canon Medical Systems Corporation, Inc., General Medical Merate S.p.A., Konica Minolta Healthcare Americas, Inc., Metaltronica S.p.A and Planmed OY.
Industry Development:
In August 2024, Izotropic Corporation announced its regulatory strategy for launching IzoView as a diagnostic device for patients with dense breast tissue in the U.S. and EU.
Market Dynamics:
Advancements in breast imaging technologies are driving market growth by improving diagnostic accuracy, patient outcomes, and accessibility. Innovations such as digital mammography, 3D tomosynthesis, and AI-enhanced imaging facilitate earlier and more precise cancer detection, even in dense breast tissue, while reducing false positives. In August 2024, OSF HealthCare introduced the Invenia ABUS 2.0 at its Saint Elizabeth Medical Center in Peru, a breakthrough system designed to detect cancers obscured in dense breast tissue. Similarly, in June 2022, Seno Medical's Imagio Breast Imaging System received supplemental premarket approval from the US FDA, integrating opto-acoustic and ultrasound technologies to provide real-time breast lesion assessments, marking a significant leap in breast imaging advancements.
Growth Forecast Projected:
The Global Breast Imaging Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Breast Imaging Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Breast Imaging Market:
By Modalities: X-Ray Source, Ultrasound, Magnetic Field, Gamma Radiation, Non-Ionizing Radiation.
By Application: Breast Cancer, Breast Disease, Others.
By End-User: Hospitals, Diagnostic Imaging Centres, Specialty Clinics, Others.
Regional Analysis for Breast Imaging Market:
The regional analysis of the Breast Imaging Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Breast Imaging market?
➠ Who are the leading manufacturers in the global Breast Imaging industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Breast Imaging industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Breast Imaging market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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