Breast Imaging Technologies Market Report: Trends, Forecast and Competitive Analysis to 2030

Breast Imaging Technologies Trends and Forecast

The future of the global breast imaging technologies market looks promising with opportunities in the hospital and diagnostic center markets. The global breast imaging technologies market is expected to reach an estimated $8.83 billion by 2030 with a CAGR of 9.1% from 2024 to 2030. The major drivers for this market are rising prevalence of breast cancer, increasing demand for early diagnosis, and growing financial support from both private and government entities to enhance healthcare infrastructure development.

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Breast Imaging Technologies by Segment

The study includes a forecast for the global breast imaging technologies by technology, end use, and region.

Breast Imaging Technologies Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Ionizing Breast Imaging Technology
• Non Ionizing Breast Imaging Technology

Breast Imaging Technologies Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals
• Diagnostic Centers
• Others

Breast Imaging Technologies Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Breast Imaging Technologies Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies breast imaging technologies companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the breast imaging technologies companies profiled in this report include-

• Canon
• Fluidigm Corporation
• Fujifilm Holdings Corporation
• General Electric
• Hologic
• Koning Corporation
• Koninklijke Philips N.V.
• Siemens
• Smart Breast Corporation
• Sonocine

Breast Imaging Technologies Market Insights

Lucintel forecasts that ionizing breast imaging technology is expected to witness higher growth over the forecast period due to growing approvals for mammography and screening procedures and technological advancements, including the development of automated ultrasound systems.

Within this market, hospitals will remain the largest segment due to the rising preference of the people for hospital care, growing investments in healthcare infrastructure development, and presence of well-equipped operating and diagnostic rooms.

APAC is expected to witness highest growth over the forecast period due to rising geriatric population, growing cases of breast cancer, and increasing investments in R&D activities in the region.

Features of the Global Breast Imaging Technologies Market

Market Size Estimates: Breast imaging technologies market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Breast imaging technologies market size by technology, end use, and region. in terms of value ($B).

Regional Analysis: Breast imaging technologies market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technologies, end uses, and region.s for the breast imaging technologies market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the breast imaging technologies market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the breast imaging technologies market size?

Answer: The global breast imaging technologies market is expected to reach an estimated $8.83 billion by 2030.

Q.2. What is the growth forecast for breast imaging technologies market?

Answer: The global breast imaging technologies market is expected to grow with a CAGR of 9.1% from 2024 to 2030.

Q.3. What are the major drivers influencing the growth of the breast imaging technologies market?

Answer: The major drivers for this market are rising prevalence of breast cancer, increasing demand for early diagnosis, and growing financial support from both private and government entities to enhance healthcare infrastructure development.

Q.4. What are the major segments for breast imaging technologies market?

Answer: The future of the breast imaging technologies market looks promising with opportunities in the hospital and diagnostic center markets.

Q.5. Who are the key breast imaging technologies market companies?

Answer: Some of the key breast imaging technologies companies are as follows:

• CANON
• Fluidigm Corporation
• Fujifilm Holdings Corporation
• General Electric
• Hologic
• koning corporation
• Koninklijke Philips N.V.
• Siemens
• Smart Breast Corporation
• Sonocine

Q.6. Which breast imaging technologies market segment will be the largest in future?

Answer: Lucintel forecasts that ionizing breast imaging technology is expected to witness higher growth over the forecast period due to growing approvals for mammography and screening procedures and technological advancements, including the development of automated ultrasound systems.

Q.7. In breast imaging technologies market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rising geriatric population, growing cases of breast cancer, and increasing investments in R&D activities in the region.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the breast imaging technologies market by technology (ionizing breast imaging technology and non ionizing breast imaging technology), end use (hospitals, diagnostic centers, and others), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?