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Breast Cancer Diagnostics Market to Reach US$ 9.73 Billion by 2031, Driven by Rising Incidence, Advanced Imaging Technologies, and Early Detection Initiatives

01-07-2026 11:06 AM CET | Health & Medicine

Press release from: DataM Intelligence 4 Market Research LLP

Breast Cancer Diagnostics Market

Breast Cancer Diagnostics Market

According to DataM Intelligence, the global breast cancer diagnostics market was valued at approximately US$ 5.39 billion in 2024 and is expected to reach around US$ 9.73 billion by 2031, growing at a CAGR of 8.8% during the forecast period 2024-2031. Growth is propelled by the increasing global prevalence of breast cancer, heightened awareness and screening programs, advancements in AI-powered imaging and molecular diagnostics, expanding access to mammography and biopsy technologies, and supportive government initiatives for early detection and personalized medicine.

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North America Key Industry Developments
✅ January 2026: Quest Diagnostics Incorporated expanded its breast cancer biomarker testing portfolio with new liquid biopsy options for early-stage monitoring.
✅ December 2025: Hologic, Inc. launched next-generation 3D mammography systems with AI-enhanced detection capabilities, securing expanded contracts with major U.S. hospitals and diagnostic centers.
✅ December 2025: Siemens Healthineers AG announced FDA clearance for its latest AI-driven breast imaging platform, improving accuracy in dense breast tissue analysis.

Asia-Pacific Key Industry Developments
✅ January 2026: Regional governments in India and South Korea increased funding for breast cancer diagnostics infrastructure, driving adoption of advanced MRI and biopsy technologies.
✅ December 2025: FUJIFILM Holdings Corporation strengthened its mammography and ultrasound offerings in China and India, partnering with local healthcare providers to support national breast cancer screening programs.
✅ December 2025: GE Healthcare rolled out cost-effective portable ultrasound and digital mammography solutions across Southeast Asia, targeting underserved rural and semi-urban areas.

Key Mergers and Acquisitions
✅ Strategic Alliance: Siemens Healthineers AG and Kheiron Medical Technologies deepened collaborations to integrate AI algorithms into breast imaging workflows.
✅ Technology Acquisition: Major players pursued partnerships for next-generation liquid biopsy and genomic sequencing platforms to enhance diagnostic precision.

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Market Segmentation Analysis
-By Diagnostic Technique: Imaging Tests (including Mammogram, Ultrasound, MRI) dominate due to widespread screening use; Biopsy and Blood Tests (biomarkers, liquid biopsy) grow rapidly for confirmatory and monitoring purposes.
-By End User: Hospitals hold the largest share, followed by Diagnostic Laboratories, Cancer Research Centers, and Others.

Regional Insights
North America commands the largest market share, supported by advanced healthcare infrastructure, high screening rates, strong reimbursement policies, and leadership from major innovators in AI-enhanced imaging and molecular diagnostics. Asia-Pacific is the fastest-growing region, driven by rising breast cancer incidence, improving healthcare access, government-led screening campaigns, and increasing investments in diagnostic technologies in China, India, and Southeast Asia.

Growth Drivers
1. Escalating global breast cancer incidence and emphasis on early detection through screening programs
2. Technological advancements in 3D mammography, AI-assisted imaging, and non-invasive liquid biopsies
3. Growing awareness campaigns and government initiatives promoting regular mammography and diagnostics
4. Expanding diagnostic infrastructure and access to advanced tools in emerging markets
5. Strategic product launches, partnerships, and AI integrations by leading global players

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Key Players
The market includes leading companies such as Siemens Healthineers AG, Kheiron Medical Technologies, Bio-Rad Laboratories, Hologic, Inc., Quest Diagnostics Incorporated, FUJIFILM Holdings Corporation, GE Healthcare, Illumina, Inc., Metaltronica SpA, Carestream Health, and others.

Key Highlights (Top 5 Key Players)
1. Hologic, Inc. - Market leader in mammography with advanced 3D and AI-enhanced systems widely adopted for breast cancer screening.
2. Siemens Healthineers AG - Innovating in AI-powered imaging and comprehensive diagnostic solutions for early detection.
3. GE Healthcare - Strong presence in ultrasound and digital mammography, with focus on accessible technologies in emerging markets.
4. FUJIFILM Holdings Corporation - Advancing cost-effective imaging solutions and expanding in Asia-Pacific screening programs.
5. Quest Diagnostics Incorporated - Leading in biomarker and liquid biopsy testing for precise diagnosis and monitoring.

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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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