News | Breast Imaging | December 21, 2020

Global Breast Imaging Technologies Market Opportunity Analysis and Industry Forecast 2020-2030

The global breast imaging technologies market was valued at USD 3.54 billion in 2019 and is projected to surpass USD 7.43 billion by 2030, expanding at a CAGR of 6.90% during the forecast period from 2020 to 2030.

Getty Images

December 21, 2020 — The "Breast Imaging Technologies Market by Technology - Global Opportunity Analysis and Industry Forecast, 2020-2030" report is now available from ResearchAndMarkets.com.

The global breast imaging technologies market was valued at USD 3.54 billion in 2019 and is projected to surpass USD 7.43 billion by 2030, expanding at a CAGR of 6.90% during the forecast period from 2020 to 2030.

Increasing incidences of breast diseases in women, especially breast cancer is fuelling the demand for breast imaging technologies. Also, the growth of the global breast imaging technologies market can be attributed to the increasing initiatives by government and non-government organizations to raise awareness regarding the advantages of early cancer detection. Moreover, technological advancements in breast imaging modalities and development of the advanced healthcare infrastructures are contributing to the market growth.

However, high cost of imaging technologies, errors associated with screening process, stringent regulations, and lengthy approval processes are anticipated to hamper the breast imaging technologies market during the forecast period. On the other hand, increasing investments in healthcare sector, campaigns to reduce incidences of breast cancer, and growing R&D in the medical sector are creating opportunities for the breast imaging technology providers.

The breast imaging technologies market has been segmented based on product type and geography. In terms of product type, the breast imaging technologies market is bifurcated into ionizing breast imaging technologies and non-ionizing breast imaging technologies. The ionizing segment is further divided into analog mammograph, full-field digital mammography (FFDM), 3D breast tomosynthesis, positron emission tomography/computed tomography (PET/CT), molecular breast imaging/breast-specific gamma imaging (MBI/BSGI), cone beam computed tomography (CBCT), and positron emission mammography (PEM). The non-ionizing segment is sub-segmented into breast MRI, breast ultrasound, optical imaging, automated whole breast ultrasound (AWBU), and breast thermography. On the basis of geography, the market is split into North America, Europe, Asia-Pacific, and Rest of the World (RoW).

North America is expected to dominate the global breast imaging market, accounting for a significant market share due to factors such as well-established healthcare infrastructures, better reimbursement facility, high adoption of advanced medical technologies, high R&D investment, and presence of key players.

The market in Asia-Pacific is estimated to grow at a substantial CAGR during the forecast period, owing to increasing government & non-government initiatives to prevent breast cancer, and constant development in the healthcare infrastructures.

For more information: https://www.researchandmarkets.com/r/rm07ji

Related Content

A 37-year-old woman developed a new, palpable left supraclavicular lymphadenopathy lump five days after her first dose of the Moderna COVID-19 vaccine in the left arm. On the day of vaccination, the patient was asymptomatic. This is an example of how the vaccine can mimic cancer and swollen lymph nodes. Image used with permission of RSNA.

A 37-year-old woman developed a new, palpable left supraclavicular lymphadenopathy lump five days after her first dose of the Moderna COVID-19 vaccine in the left arm. On the day of vaccination, the patient was asymptomatic. This is an example of how the vaccine can mimic cancer and swollen lymph nodes. Read more about this case study. Image used with permission of RSNA.

Feature | Coronavirus (COVID-19) | April 09, 2021 | By Dave Fornell, Editor
While the mass COVID-19 vaccinat
3-D mammography reduces the number of breast cancer cases diagnosed in the period between routine screenings, when compared with traditional mammography, according to a large study from Lund University in Sweden. The results are published in the journal Radiology.

Getty Images

News | Breast Imaging | April 09, 2021
April 9, 2021 — 3-D mammography reduces the number of breast cancer cases diagnosed in the period between routine scr
Mobidiag Oy, a privately held, commercial-stage Finnish-French developer of innovative molecular diagnostic tests and instrumentation, announced today that it has signed a definitive agreement to be acquired by Hologic, Inc., a global leader in women's health, for an enterprise value of approximately $795 million.  This includes a cash payment of approximately $714 million for Mobidiag’s equity, and net debt of approximately $81 million.
News | Women's Health | April 08, 2021
April 8, 2021 — Mobidiag Oy, a privately held, commercial-stage F
Ultrasound is an invaluable diagnostic tool for the early detection of breast cancer, but the classification of lesions is sometimes challenging and time consuming. Could artificial intelligence hold the answer to solving these problems? Graphic courtesy of Chinese Medical Journal

Ultrasound is an invaluable diagnostic tool for the early detection of breast cancer, but the classification of lesions is sometimes challenging and time consuming. Could artificial intelligence hold the answer to solving these problems? Graphic courtesy of Chinese Medical Journal

News | Artificial Intelligence | April 06, 2021
April 6, 2021 — In 2020, the International Agency for Research on...
While the COVID-19 crisis is challenging, the pandemic is also giving researchers an opportunity to discover new approaches to saving lives. A study published in the JAMA Network Open on Thursday, March 25, 2021, recommends a new way for triaging mammogram patients during times of limited capacity, such as pandemic surges, when individuals may also experience anxiety about COVID-19.

Getty Images

News | Breast Imaging | April 01, 2021
April 1, 2021 — While the COVID-19 crisis is challenging, the pandemic is also giving researchers an opportunity to d
In looking at the broader impact of the COVID-19 pandemic on health and wellbeing, public health experts are examining screening rates for cancer. A new study looking at U.S. mammography screening rates during the first five months of the pandemic found both a strong rebound in breast cancer screening rates and a concerning cumulative deficit in mammograms due to missed appointments, as well as uncovering disparities when looking at screening according to race

Getty Images

News | Breast Imaging | April 01, 2021
April 1, 2021 — In looking at the broader impact of the...
Detection of tumor-infiltrating lymphocytes (TILs) using explainable AI. The AI-technique is used to generate a heatmap showing TILs (red) and other tissues and cells (blue and green). Image courtesy of Klauschen/Charité

Detection of tumor-infiltrating lymphocytes (TILs) using explainable AI. The AI-technique is used to generate a heatmap showing TILs (red) and other tissues and cells (blue and green). Image courtesy of Klauschen/Charité

News | Artificial Intelligence | March 22, 2021
March 22, 2021 — Researchers at Charité - Universitätsmedizin Be...