Global breast imaging market was valued at USD 2,978.7 million in 2019 and is expected to grow at a CAGR of 7.9% over the forecast period.
breast imaging technology. Various organizations engage in corporate social responsibility programs that aid in the education of women about breast wellbeing and the precautions that should be taken. Companies like GE Healthcare have created a commercial to raise concerns about breast density and how it affects screening strategies. This increased visibility is expected to boost demand for the goods in the coming years.— High-resolution images of breast tissues are obtained using
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Proactive efforts by healthcare organizations to raise awareness about early breast cancer diagnosis and due to a rise in the prevalence of breast cancer worldwide this market is likely to expand significantly during the forecast period. Likewise, the introduction of technologically innovative modalities such as the automatic entire breast ultrasound system (AWBU) and MBI/BSGI) is propelling the industry forward. The high cost of these modalities, as well as the lengthy regulatory approval process, is likely to stymie the development of the global breast imaging technologies market. The global breast imaging market is fiercely competitive, with a number of big players. Few big players currently lead the industry in terms of global market share.
Breast cancer is expected to become more common as people's lifestyles shift and the duration of time the breastfeed decreases, particularly in developing countries. As a result, imaging device demand is expected to increase over the forecasted timeframe. Robotic mammography, molecular breast imaging, optical imaging, tomosynthesis, and electrical impedance imaging are among the technological advances propelling the market ahead, and it is expected to develop at a healthy pace over the forecast period.
The advancement of advanced mammography systems with new technologies is also fueled by the introduction and growing acceptance of these devices. Likewise, there have been a host of advances in the field that help to avoid over-diagnosis and improve accuracy in detecting smaller carcinomas. The mammography division of the global breast imaging industry is expected to benefit from these ongoing advances.
In 2015, North America led the breast imaging market with a 32.4 percent share. The availability of insurance centers for medical services, as well as advanced healthcare facilities in this area, encouraged the use of this equipment. Furthermore, the prevalence of chronic disorders in this area is significantly higher than the global average, contributing significantly to the region's development. Supportive government policies aimed at improving the healthcare system, as well as economic reforms, are likely to drive progress.
Key players serving the global breast imaging market include GE Healthcare, Siemens Healthcare, Hologic, Inc., Koninklijke Philips N.V., Fujifilm Holdings Corporation, CMR Naviscan, SonoCiné, AURORA HEALTHCARE US CORP, Dilon Medical Technologies, Inc., Carestream Health among other prominent players.
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Some Major Points From TOC:
Chapter 1. Introduction
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Global Breast Imaging Market by Technology, 2018-2028 (USD Million)
Chapter 5. Global Breast Imaging Market by End-Users, 2018-2028 (USD Million)
Chapter 6. Global Breast Imaging Market by Region, 2018-2028 (USD Million)
Chapter 7. Company Profiles
Chapter 8. Appendix
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