USD 4.70 billion
Report ID:
SQMIG35G2234 |
Region:
Global |
Published Date: December, 2024
Pages:
260
|Tables:
102
|Figures:
77
Breast Imaging Technologies Market size was valued at USD 4.7 Billion in 2023 and is poised to grow from USD 5.1 Billion in 2024 to USD 9.77 Billion by 2032, growing at a CAGR of 8.6% during the forecast period (2025-2032).
Breast imaging is a diagnostic radiology subspecialty that involves the imaging of breasts for diagnostic or screening purposes. Breast imaging technologies are used to analyze the tissues of women's breasts in order to diagnose breast cancer and other breast-related diseases. Some of the most popular breast imaging examinations include mammograms, breast magnetic resonance imaging (MRI), and breast ultrasound. In addition, for the diagnosis of breast cancer, computed tomography (CT) and position emission tomography (PET) is recommended. Mammography is a type of breast imaging that uses low-dose X-rays to detect cancer in its early stages before symptoms appear.
US Breast Imaging Technologies Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 4.70 billion
Largest Segment
Mammography
Fastest Growth
Mammography
Growth Rate
8.5% CAGR
To get more reports on the above market click here to Buy The Report
Global Breast Imaging Technologies Market is segmented by technology, product, end use and region. Based on technology, the market is segmented into ionizing breast imaging technologies and non-ionizing breast imaging technologies. Based on product, the market is segmented into hollow breast imaging systems and software and services, accessories. Based on end use, the market is segmented into hospitals and clinics, diagnostic imaging centers, breast care centers and other. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Breast Imaging Technologies Market Analysis by Type of Imaging Technique
In 2021, the mammography segment held the most lucrative share of more than 30% of the global breast imaging technologies market. The segmental growth of the market is attributed to the increased awareness among people regarding the early diagnosis and treatment of breast cancer and other disorders. For an instance, the United States Preventive Services Task Force has created various mammography screening guidelines for early diagnosis and treatment of breast cancer. Further, the growing geriatric population and rising prevalence of breast cancer will drive up the demand for mammography. According to the American Cancer Society, there were approximately 8,130 new cases of ductal carcinoma in situ (DCIS) and 37,150 new cases of invasive breast cancer among females aged 40 to 49 years in the United States in 2019. As the incidence of breast cancer rises, the demand for mammography is likely to be increased in the upcoming years.
Breast Imaging Technologies Market Analysis by End-User
In 2021, the hospital segment held the most lucrative share of more than 40% of the global breast imaging technologies market. The segmental growth of the market is attributed to the increased preference of the people for hospital care. The dominance of hospitals is supported by increased investments in healthcare infrastructure development, more purchasing power, the availability of well-equipped operating and diagnostic rooms, and better health coverage for hospital-based healthcare services. Hence, such aforementioned factors are likely to contribute to the segmental growth of the market during the forecast period.
To get detailed analysis on other segments, Request For Free Sample Report
The Global Breast Imaging Technologies Market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In 2022, the Asia-Pacific region is projected to hold the most substantial share of the market. The regional market is likely to be driven by the rising prevalence of breast cancer, rising healthcare spending, an increase in the number of breast cancer awareness initiatives, and significant government spending on breast cancer research studies in the emerging economies of the region such as China and India. According to GLOBOCAN 2018, Asia recorded a total of 911,014 new breast cancer cases in 2018, which is anticipated to increase to 229,650 by the end of 2030. Such increased prevalence of breast cancer cases is likely to encourage the adoption of various breast imaging technologies and hence contribute to the growth of the market during the forecast period.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Breast Imaging Technologies Market Driver
Request Free Customization of this report to help us to meet your business objectives.
The market is fragmented in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions.
Breast Imaging Technologies Market Top Players Company Profiles
Breast Imaging Technologies Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our analysis, by type of imaging techniques, the mammography segment is projected to hold a dominating share during the period. By end users, the hospital segment is projected to hold a dominating share during the period. In 2022, the Asia-Pacific region is projected to hold the most substantial share of the market and it is anticipated to maintain its dominance throughout the forecast period.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 4.7 Billion |
Market size value in 2032 | USD 9.77 Billion |
Growth Rate | 8.6% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Breast Imaging Technologies Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Breast Imaging Technologies Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Breast Imaging Technologies Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Breast Imaging Technologies Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG35G2234
sales@skyquestt.com
USA +1 351-333-4748