Breast Cancer Diagnostics Market
Medical Equipment

Key Takeaways From The Global Breast Cancer Diagnostics Market Forecast 2023

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Breast Cancer Diagnostics Global Market Report 2023, the breast cancer diagnostics market is expected to show significant growth in the forecast period.

Key insights from the breast cancer diagnostics market forecast include:

  1. Market Size

The global breast cancer diagnostics market is expected to grow from $4.06 billion in 2022 to $4.4 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The market size of the global breast cancer diagnostics is expected to grow from $5.86 billion in 2027 at a CAGR of 7.4%.

  1. Major Driver

The increasing incidence of breast cancer will require more equipment to diagnose, which will further increase the demand for the breast cancer diagnostics market. Breast cancer is the most common form of cancer, affecting 2.1 million women every year, and causing the largest number of deaths from cancer in women. The goal of the early diagnosis is to improve the percentage of breast cancers diagnosed at an initial point so that more successful care will be used and the risk of death from breast cancer can be reduced. According to the World Health Organization (WHO), around 2.3 million women were diagnosed with breast cancer and 685,000 people died of breast cancer in 2020. Therefore, the increasing incidence of breast cancer is expected to drive the growth of the breast cancer diagnostics market.

View More On The Breast Cancer Diagnostics Market Report 2023 – https://www.thebusinessresearchcompany.com/report/breast-cancer-diagnostics-global-market-report

  1. Key Trend

Technological advancement is a key trend in the breast cancer diagnostics market. Several new techniques have been developed which could be used in the diagnosis and treatment of breast cancer. The 3D mammography, also known as breast tomosynthesis, takes photographs around the breast from various angles and translates them into a 3-D model. In September 2022, Niramai, an Indian Health-Tech company, launched an innovative solution called Thermalytix. It is a automated breast cancer screening and diagnostic tool which combines thermal imaging and AI.

  1. Largest Region

North America was the largest region in the breast cancer diagnostics market in 2022.

  1. Major Players

Major players in the breast cancer diagnostics market are Abbott Laboratories, Myriad Genetics Inc., Hologic Inc., Koninklijke Philips N.V., Fujifilm Holdings Corporation, GE Healthcare, Thermo Fisher Scientific Inc., Siemens AG, NanoString Technologies Inc., and C.R. Bard Inc.

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Key Breast Cancer Diagnostics Market Segments
The global breast cancer diagnostics market is segmented –
1) By Type: Imaging, Biopsy, Genomic Tests, Blood Tests, Other Types
2) By Technology: Fluorescent In Situ Hybridization (FISH), Comparative Genomic Hybridization (CGH), Immunohistochemical (IHC), Other Technologies
3) By Cancer Type: BRCA Breast Cancer, ER & PR Breast Cancer, HER 2 Breast Cancer, EGFR Mutation Test Breast Cancer, Other Cancer Types
4) By Diagnostic Type: Ionizing Breast Imaging Technologies, Non-ionizing Imaging Technologies
5) By End Users: Hospitals and Clinics, Cancer Research Centers, Diagnostic Laboratories, Ambulatory Surgical Centers

The Breast Cancer Diagnostics Global Market Report 2023  provides an in-depth analysis on the breast cancer diagnostics market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the breast cancer diagnostics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Breast Cancer Drugs Global Market Report 2023
Breast Imaging Devices Global Market Report 2023
Cancer Biologics Global Market Report 2023

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