2025 Breast Imaging Devices Industry Trends Report: Long-Term Outlook Through 2034

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Breast Imaging Devices Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for breast imaging devices has seen substantial growth in the last few years. The value is predicted to escalate from $4.88 billion in 2024 to $5.14 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 5.3%. This positive progression during the historical period can be traced back to factors like an increase in the number of healthcare facilities, economic surge in budding markets, swift advancements in technology, an increased incidence of breast cancer, along with an aging female demographic.

Breast Imaging Devices Market Size Forecast: What's the Projected Valuation by 2029?
The market size for breast imaging devices is projected to experience robust growth in the coming years, with estimates reaching $6.86 billion by 2029, with a compound annual growth rate (CAGR) of 7.5%. Factors contributing to the anticipated growth during this period include increased awareness for early breast disease detection, escalating use of diagnostic medical imaging, and rising investments and funding allocated to breast cancer therapies. Major market trends during this forecast period are expected to include investing in the expansion of product portfolios, strategic partnerships, and increased funding in portable device development, photoacoustic breast imaging investment, the use of augmented reality (AR) in breast imaging, and the evolution of hybrid imaging technology.

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What Are the Drivers Transforming the Breast Imaging Devices Market?
Increasing occurrences of breast cancer are predicted to fuel the expansion of the breast imaging device market. A surge in hormone replacement therapies (HRT), hormonal disruptions, menopause, and various reproductive health issues have extensively escalated the chances of developing breast cancer. As per World Health Organization (WHO) reports, breast cancer tops the list of most prevalent cancers among women, affecting 2.1 million females annually. It is also the leading cause of cancer-related mortality in women. For example, in February 2023, the American Society of Clinical Oncology (ASCO), a professional body in the US that provides patient data on its website cancer.net, reported that for one in every three new female cancer diagnoses annually in the United States, the disease is breast cancer. Further, it projected that in 2023, approximately 297,790 women in the US would be diagnosed with invasive breast cancer, and another 55,720 with non-invasive (in situ) breast cancer.

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What Long-Term Trends Will Define the Future of the Breast Imaging Devices Market?
Leading businesses in the breast imaging devices market are prioritizing the development of technology-enhanced solutions such as advanced imaging techniques, in order to improve early detection and diagnostic accuracy of breast cancer. The term advanced imaging techniques encompass cutting-edge methods to better visualize the body's internal structures with increased detail and precision. These methods include technologies like digital mammography, 3D tomosynthesis, and magnetic resonance imaging (MRI). For instance, StoneSprings Hospital Centre, a health care hospital based in the US, introduced new breast imaging technology in October 2024. This latest technology incorporates top-notch imaging modalities such as digital mammography and 3D tomosynthesis, which produce clearer and more detailed images of breast tissue. This progress aids in detecting abnormalities that are possibly undetectable through traditional 2D mammography. The system is equipped to merge artificial intelligence (AI) algorithms aiding radiologists to interpret images with greater precision. AI assists in highlighting possible areas of concern, subsequently lowering the possibility of missed diagnoses and enhancing overall accuracy.

Which Segments in the Breast Imaging Devices Market Offer the Most Profit Potential?
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

Subsegments:
1) By Tomosynthesis: Digital Breast Tomosynthesis (DBT), 3D Mammography Systems
2) By Breast Ultrasound: Handheld Ultrasound, Automated Breast Ultrasound System (ABUS), Elastography
3) By Breast Magnetic Resonance Imaging (MRI): Contrast-Enhanced MRI, Functional MRI
4) By Mammography: Digital Mammography, Film Mammography, 2D Mammography
5) By Nuclear Imaging: Positron Emission Tomography (PET), Single Photon Emission Computed Tomography (SPECT)
6) By Other Product Types: Infrared Imaging, Molecular Imaging Systems, Stereotactic Breast Biopsy Devices

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Which Firms Dominate the Breast Imaging Devices Market by Market Share and Revenue in 2025?
Major companies operating in the breast imaging devices market include 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., Planmed Oy, Barco NV, Esaote SpA

Which Regions Offer the Highest Growth Potential in the Breast Imaging Devices Market?
North America was the largest region in the breast imaging devices market in 2024. Asia-Pacific was the second largest market in the global breast imaging devices market report. The regions covered in the breast imaging devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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