Global Breast Imaging Technologies Market
Medical Equipment

What Is The Forecast Growth Rate For The Breast Imaging Technologies Market?

The Business Research Company’s market reports offer an in-depth analysis on the market’s growth potential, major drivers, key trends and more.

Introduction: A Growing Market
The breast imaging technologies market has witnessed robust growth in recent years, with significant projections for the future. Key factors driving this expansion include increased awareness, screening programs, and government initiatives for breast cancer awareness.

  • Market size grew from $4.39 billion in 2023 to $4.79 billion in 2024, with a CAGR of 9.1%.
  • Expected growth to $6.5 billion by 2028, with a CAGR of 8.0%.
  • Factors contributing to growth: 3D mammography adoption, rising demand for minimally invasive procedures, and focus on precision medicine.

Growing Prevalence of Breast Cancer
The escalating prevalence of breast cancer serves as a significant driver for the breast imaging technologies market. Breast imaging plays a crucial role in early detection, diagnosis, and staging of breast cancer, making treatment more effective.

  • In 2023, an estimated 297,790 new cases of invasive breast cancer among women in the U.S.
  • Major players in the market: Fujifilm Holdings Corporation, GE Healthcare Technologies Inc., Hologic Inc., among others.

Read More On The Breast Imaging Technologies Market Report 2024 – https://www.thebusinessresearchcompany.com/report/breast-imaging-technologies-global-market-report

Product Innovations Shaping the Market
Product innovation emerges as a key trend shaping the breast imaging technology market landscape. Companies prioritize developing new technologies to enhance observation capabilities and maintain market competitiveness.

  • Seno Medical’s Imagio OA/US Breast Imaging System: Combines functional and anatomical breast imaging using laser optics and grayscale ultrasound.
  • Solis Mammography’s acquisition of Carolina Breast Imaging: Strengthens market presence and advances innovation in women’s imaging networks.

Market Segmentation
The breast imaging technologies market is segmented based on various factors, including imaging technique, technology, and end-users.

  1. Imaging Technique:
    • Mammography
    • Breast Ultrasound
    • Breast MRI
    • Image Guided Breast Biopsy
    • Positron Emission Tomography
    • Other Imaging Techniques
  2. Technology:
    • Ionizing Breast Imaging Technology
    • Non-Ionizing Breast Imaging Technology
  3. End User:
    • Hospital
    • Diagnostic Imaging Centre
    • Other End Users

Regional Dynamics

  • North America led the breast imaging technologies market in 2023.
  • Asia-Pacific is anticipated to exhibit the highest growth rate during the forecast period.

Conclusion: A Promising Future
The breast imaging technologies market is poised for significant growth, driven by technological advancements, rising cancer prevalence, and increased emphasis on early detection and treatment. With innovations in imaging technology and integration of AI, the market is expected to witness transformative changes in the coming years. As companies continue to invest in research and development, the future of breast imaging technologies looks promising, offering new possibilities for early diagnosis and improved patient outcomes.

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