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Breast imaging market to hit 8.5% CAGR to 2021 according to market forecasts

Industrial Market Research

Growth of breast imaging market driven by factors like rising incidence of breast cancer globally, growing government investments and funding for breast cancer treatment and related research, increasing awareness about early detection of breast cancer, rising geriatric population, technological advancements in breast imaging modalities, and launch of advanced breast imaging systems capable of detecting cancer in women with dense breast tissues.

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Key players operating in breast imaging market Hologic, Inc. (U.S.), GE Healthcare (U.K.), Siemens Healthcare (Germany), Philips Healthcare (Netherlands), Fujifilm Holdings Corporation (Japan), Gamma Medica, Inc.

(U.S.), Toshiba Corporation (Japan), Sonocine, Inc.

(U.S.), Aurora Imaging Technology, Inc. (U.S.), and Dilon Technologies, Inc.

(U.S.).

 

Executive Summary

1 Introduction

2 Current Scenario

3 Future Outlook

4 Conclusion

Premium Insights

1 Breast Imaging Market Overview

2 Breast Imaging Market Share, By Type, 2016 vs. 2021

3 Geographic Analysis: Ionizing Technologies Market, By Type

4 Geographic Analysis: Non-Ionizing Technologies Market, By Type (2016)

The global breast imaging market is estimated to grow at a CAGR of 8.5% from 2016 to 2021. Although developed regions (such as North America and Europe) held large shares in the breast imaging market in 2015, the Asia-Pacific region is poised to grow at the highest CAGR of 9.5% in the next five years.

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Breast imaging market is segmented into four major regional segments, namely, North America, Europe, Asia-Pacific, & Rest of the World. In 2016, North America is estimated to dominate breast imaging market, majorly due to rising incidence of breast cancer, favorable reimbursement scenario, ongoing technological advancements by market players, implementation of new breast density notification law in U.S., rapid growth in geriatric population, and growing demand for use of low levels or negligible radiation doses in region.

Global Breast Imaging Market

  • Ionizing Breast Imaging Technologies
  • Analog Mammography
  • 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)
  • Positron Emission Mammography (PEM)
  • Electric Impedance Tomography

Global breast imaging market segmented into two major categories, namely, ionizing technologies and non-ionizing technologies. Ionizing technologies are further segmented into eight subsegments, namely, analog mammography, full-field digital mammography (FFDM), 3D breast tomosynthesis, positron emission tomography/computed tomography (PET/CT), molecular breast-specific gamma imaging (MBI/BSGI), cone-beam computed tomography (CBCT), positron emission mammography (PEM), and electric impedance tomography.

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Emerging countries, including China and India, are expected to offer significant growth opportunities to market players in the coming years. The growth in these markets will majorly be driven by rising incidence of breast cancer and significant investments by governments and leading players in emerging countries.

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