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Comprehensive Breast Imaging Technologies Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Breast Imaging Technologies Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for breast imaging technologies has seen robust growth in recent years. The market is projected to increase from $4.82 billion in 2024 to $5.21 billion in 2025, with a compound annual growth rate (CAGR) of 8.3%. The previous surge can be traced back to heightened awareness and screening programs, an increased number of breast cancer cases, and government awareness campaigns about breast cancer.
Breast Imaging Technologies Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the market size for breast imaging technologies is projected to experience significant growth, reaching a value of $7.16 billion by 2029 with a compound annual growth rate (CAGR) of 8.2%. The upward trend during the projected period can be connected to factors such as the adoption of 3D mammography (tomosynthesis), an increased need for less invasive procedures, emphasis on women's health and precise medicine, more applications in research and clinical trials, and a patient-centric approach. Key tendencies during this period include progress in imaging technology, improvements in AI integration, wider applications of molecular breast imaging, incorporation of contrast-enhanced imaging, and multimodal imaging strategies.
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What Are the Drivers Transforming the Breast Imaging Technologies Market?
The increase in breast cancer cases is anticipated to bolster the growth of the breast imaging technologies market. Breast cancer is a cancer type that originates in the breast cells of women. Mutated and out-of-control growth of breast cells leads to the formation of breast tumors. Early detection, diagnosis, and staging of breast cancer, when it is potentially most curable, primarily use breast imaging technologies. For example, Susang Komen For Cure, a non-profit organization based in the US, predicted in November 2023 that there would be 297,790 new instances of invasive breast cancer among American women. Consequently, the rising incidence of breast cancer is fueling the expansion of the breast imaging technologies market.
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Which Fast-Growing Trends Are Poised to Disrupt the Breast Imaging Technologies Market?
The trend of product innovations is gaining traction in the breast imaging technology market. Major players in the market are focused on developing new technologies to enhance their observational capabilities and maintain their market position. For example, in November 2022, US-based medical imaging company Seno Medical launched the Imagio OA/US Breast Imaging System. This system combines functional and anatomical breast imaging using laser optics and grayscale ultrasound. It produces opto-acoustic images that provide a unique blood map within and around breast lumps, as well as ultrasound images that deliver a more traditional anatomical view. Research comparing the Imagio OA/US breast imaging system to traditional diagnostic imaging methods indicates that this system will be a useful tool allowing radiologists to confirm or rule out the presence of cancer more effectively. Additionally, the system incorporates a computer component which aids in BI-RADS classification, powered by artificial intelligence (AI).
Which Segments in the Breast Imaging Technologies Market Offer the Most Profit Potential?
The breast imaging technologies market covered in this report is segmented -
1) By Imaging Technique: Mammography, Breast Ultrasound, Breast MRI, Image Guided Breast Biopsy, Positron Emission Tomography, Other Imaging Techniques
2) By Technology: Ionizing Breast Imaging Technology, Non Ionizing Breast Imaging Technology
3) By End User: Hospital, Diagnostic Imaging Centre, Other End Users
Subsegments:
1) By Mammography: Digital Mammography, 3D Mammography, Film Mammography
2) By Breast Ultrasound: Handheld Ultrasound, Automated Breast Ultrasound, Contrast-Enhanced Ultrasound
3) By Breast MRI: Breast MRI With Contrast, MRI-Guided Biopsy
4) By Image Guided Breast Biopsy: Stereotactic Biopsy, Ultrasound-Guided Biopsy, MRI-Guided Biopsy
5) By Positron Emission Tomography (PET): PET Or CT For Breast Imaging, PET Or MRI For Breast Imaging
6) By Other Imaging Techniques: Thermography, Optical Imaging, Molecular Breast Imaging
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Which Firms Dominate the Breast Imaging Technologies Market by Market Share and Revenue in 2025?
Major companies operating in the breast imaging technologies market include Fujifilm Holdings Corporation, GE Healare Technologies Inc., Hologic Inc., Koninklijke Philips N.V., Siemens Healthineers AG, Aurora Healare US Corp., Canon Inc., Koning Corporation, Toshiba Corporation, Sonocine Inc., Agfa-Gevaert N.V., Allengers Medical Systems Ltd., Aspect Imaging Ltd., Bruker Corporation, Carestream Health, CMR Naviscan Corporation, Delphinus Medical Technologies Inc., Esaote SpA, General Medical Merate SpA, Dilon Technologies Inc., Smart Breast Corporation, Gamma Medica Inc., Micrima Limited, Tualatin Imaging P.C., Leica Biosystems Nussloch GmbH, Planmed Oy, Metaltronica S.p.A, SuperSonic Imagine, Women's Diagnostic Center of America LLC
Which Regions Offer the Highest Growth Potential in the Breast Imaging Technologies Market?
North America was the largest region in the breast imaging technologies market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global breast imaging technologies market report during the forecast period. The regions covered in the breast imaging technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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