Market Research Report
Breast Imaging Market by Technology (Ionizing (Mammography (Digital Mammography, 3D Mammogram, Analog), MBI, PET-CT, PEM), Non-ionizing (Breast Ultrasound, Breast MRI, Automated Whole-Breast Ultrasound, Breast Thermography)) - Global Forecast to 2023
|Published by||MarketsandMarkets||Product code||259907|
|Published||Content info||199 Pages
Delivery time: 1-2 business days
|Breast Imaging Market by Technology (Ionizing (Mammography (Digital Mammography, 3D Mammogram, Analog), MBI, PET-CT, PEM), Non-ionizing (Breast Ultrasound, Breast MRI, Automated Whole-Breast Ultrasound, Breast Thermography)) - Global Forecast to 2023|
|Published: January 23, 2019||Content info: 199 Pages||
The global breast imaging market is projected to reach USD 4.6 billion by 2023 from USD 3.1 billion in 2018, at a CAGR of 8.0%. Growth in this market is largely driven by factors such as the rising prevalence of breast cancer, growth in the geriatric population (as age contributes to the risk of breast cancer) and changing lifestyles, which have increased the overall possibility of cancer occurrence. However, errors in screening and misdiagnosis, the side-effects of radiation exposure, and the growing adoption of refurbished imaging systems are the major factors that are expected to restrain the growth of this market during the forecast period.
Based on technology, the breast imaging market is segmented into ionizing (mammography, PET-CT, MBI, and PEM), non-ionizing (breast ultrasound, breast MRI, AWBU, and breast thermography), and other breast imaging technologies (CBCT, electrical impedance tomography, and optical imaging). The ionizing breast imaging segment accounted for the largest share of this market in 2018, driven by the technological advancements in ionizing breast imaging technologies and rising awareness about the early screening and diagnosis of breast cancer.
Based on type, the ionizing breast imaging technology market is segmented into mammography, PET-CT, MBI, and PEM. The MBI segment is expected to witness the second-highest growth rate in the market during the forecast period. The MBI technique is simple, fast, and highly sensitive and can be used for patients who are claustrophobic or allergic to gadolinium, which are the key factors driving its adoption in the breast imaging market.
The breast imaging market is segmented into four major regions, namely, North America, Europe, the Asia Pacific, and the Rest of the World. Europe accounted for the second-largest share of the global breast imaging market in 2018. The increasing number of regulatory approvals for advanced breast imaging modalities, growing number of distribution collaborations and partnerships among market players, and the implementation of various awareness programs by several European organizations are the major factors propelling the demand for breast imaging in Europe.
The major players in the market include: Hologic, Inc. (US), GE Healthcare (US), Siemens Healthineers (Germany), Philips Healthcare (Netherlands), Fujifilm Holdings Corporation (Japan), Aurora Imaging Technology, Inc. (US), Canon Inc. (Japan), CMR Naviscan Corporation (US), Delphinus Medical Technologies, Inc. (US), Dilon Technologies, Inc. (US), KUB Technologies Inc. (Kubtec) (US), Micrima Limited (UK), Planmed Oy (Finland), SonoCine, Inc. (US), and SuperSonic Imagine (France), among others.
This report studies the breast imaging market based on technology and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth. It analyzes the opportunities and challenges in the market and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micromarkets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to four main regions (and the respective countries in these regions).
This report focuses on various levels of analysis-industry trends, market shares of top players, and company profiles, which together form basic views and analyze the competitive landscape, emerging segments of the breast imaging market, and high-growth regions and their drivers, restraints, challenges, and opportunities. The report will help both established firms as well as new entrants/smaller firms to gauge the pulse of the market and garner greater market shares.
*Business Overview, Products Offered, Recent Developments, MnM View might not be captured in case of unlisted companies.