Breast Imaging Market to see Huge Growth by 2029

The global breast imaging market is anticipated to grow at a considerable CAGR of 6.3% during the forecast period. The market was valued at $3.7 billion in 2019 and is anticipated to reach $5.6 billion in 2026. Breast imaging is the process of reproduction of the breast’s form. It supports medical professionals to identify breast abnormalities and diagnose them with imaging technologies. There are various breast imaging techniques used for the diagnostic procedure such as mammography, breast tomosynthesis, MRI, ultrasound, and galactography. The global breast imaging market is growing at a significant rate due to various factors such as increasing incidences and prevalence of breast cancer and the growing geriatric population across the globe. As per the WHO (World Health Organization), around 2.1 million cases were registered globally related to breast cancer in 2018 which is expected to reach more than 2.4 million cases in 2025. Asia-Pacific had the highest cases of breast cancer with 911,000 cases, whereas 522,000 and 262,000 cases were registered in Europe and North America, respectively, in 2018. The growth in breast cancer is significantly generating the demand for breast imaging across the globe.

In addition, increasing investment and funding in research and development activities of breast cancer diagnostics and government initiatives to raise awareness among the people to propel the growth of the market.  For instance, as per the National Cancer Institute research, around $574.9 million were funded in research of breast cancer. Certain factors act as barriers to market growth such as the high cost of imaging systems, side effects related to imaging, strict government regulations, and lack of awareness among women about breast cancer in developing countries. However, emerging technologies for breast imaging, increasing demand for breast imaging from the Asia-Pacific region, improving healthcare infrastructure, and increasing spending on healthcare create future opportunities for the growth of the market.

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Market Coverage

  • The market number available for – 2022-2030
  • Base year- 2022
  • Forecast period- 2023-2030

Segment Covered- 

  • By Ionizing Technologies
  • By Non-Ionizing Technologies
  • By Screening Methods

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
  • Competitive Landscape-Aurora Healthcare US Corp., FUJIFILM Holdings America Corp., GE Healthcare, Hologic Inc., Siemens Healthcare GmbH, Koninklijke Philips N.V., Bracco Imaging S.P.A, among others

Breast Imaging Market Report Segment

By Ionizing Technologies

  • Analog Mammography
  • 3D Breast Tomosynthesis
  • Cone Beam Computed Tomography (CB-CT)
  • Positron Emission Mammography (PEM)
  • Molecular Breast Imaging

By Non-Ionizing Technologies

  • Breast MRI
  • Breast Ultrasound
  • Optical Imaging
  • Breast Thermography

By Screening Methods

  • Symptomatic Imaging
  • Asymptomatic Imaging

A full Report of Breast Imaging Market is Available at:  https://www.omrglobal.com/industry-reports/breast-imaging-market

Breast Imaging Market Report Segment by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of The World

  • Latin America
  • Middle East & Africa

Company Profiles 

  • ADANI Systems Inc.
  • Aurora Healthcare US Corp.
  • Agfa-Gevaert Group.
  • Bracco Imaging S.p.A.
  • Carestream Health, Inc.
  • CMR Naviscan Corp.
  • Cook Group Inc.
  • Dilon Medical Technologies, Inc.
  • FUJIFILM Holdings Corp.
  • General Electric Co. (GE Healthcare)
  • Hitachi Medical System
  • Hologic Inc.
  • Konica Minolta Inc.
  • Koning Corp.
  • Micrima Ltd.
  • Koninklijke Philips N.V. (Philips healthcare)
  • Planmeca Group
  • Shimadzu Corp.
  • Siemens Healthcare GmbH

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