What are the recent trends in market size and growth for the breast imaging devices market?
The breast imaging devices market size has grown strongly in recent years. It will grow from $4.88 billion in 2024 to $5.14 billion in 2025 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to growth in the number of healthcare facilities, economic growth in emerging markets, rapid technological advances, the rising prevalence of breast cancer, and aging female population.
The breast imaging devices market size is expected to see strong growth in the next few years. It will grow to $6.86 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to awareness for early detection of breast diseases, rising use of diagnostic medical imaging, and increasing investment and funding for breast cancer treatments. Major trends in the forecast period include investing in product portfolio expansion, strategic collaboration, and increasing investment in the development of portable devices, investing in photoacoustic breast imaging, augmented reality (AR) for breast imaging, and hybrid imaging technology.
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How have varous drivers impacted the growth of the breast imaging devices market?
The rising prevalence of breast cancer is anticipated to contribute to the breast imaging device market’s growth. A growing number of hormone replacement therapies (HRT), hormonal imbalances, menopause, and various reproductive disorders have significantly increased the risk of breast cancer. According to the World Health Organization (WHO), breast cancer is the most common cancer in women, impacting 2.1 million women annually. Breast cancer causes the highest number of cancer-related deaths among women. For instance, in February 2023, according to the American Society of Clinical Oncology (ASCO), a US-based professional organization that publishes patient information on the cancer.net website, women are diagnosed with breast cancer in the United States for 1 in 3 new female cancers annually, and in 2023, an estimated 297,790 women in the United States will be diagnosed with invasive breast cancer and 55,720 with non-invasive (in situ) breast cancer.
What are the primary segments of the breast imaging devices market?
The breast imaging devices market covered in this report is segmented –
1) By Product Type: Tomosynthesis, Breast Ultrasound, Breast Magnetic Resonance Imaging (MRI), Mammography, Nuclear Imaging, Other Product Types
2) By Technology: Ionizing, Non Ionizing
3) By End User: Hospitals And Clinics, Breast Care Centers, Diagnostic Imaging Centers
Subsegments:
1) By Tomosynthesis: Digital Breast Tomosynthesis (DBT), 3D Mammography Systems
2) By Breast Ultrasound: Handheld Ultrasound, Automated Breast Ultrasound System (ABUS), Elastography
3) By Breast Magnetic Resonance Imaging (MRI): Contrast-Enhanced MRI, Functional MRI
4) By Mammography: Digital Mammography, Film Mammography, 2D Mammography
5) By Nuclear Imaging: Positron Emission Tomography (PET), Single Photon Emission Computed Tomography (SPECT)
6) By Other Product Types: Infrared Imaging, Molecular Imaging Systems, Stereotactic Breast Biopsy Devices
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Which firms are leading the breast imaging devices market?
Major companies operating in the breast imaging devices market include Siemens Healthineers AG, Hologic, Inc., GE Healthcare, FUJIFILM Holdings Corporation, Canon, Philips Healthcare, Aurora Imaging Technology Inc., Delphinus Medical Technologies, Micrima Limited, SonoCine Inc., Hitachi, Ltd., QT Ultrasound LLC, Trivitron Healthcare, Telerad Tech, Henan Forever Medical Co., Ltd., Guangzhou Medsinglong Medical Equipment Co., Ltd., Medsinglong Co Ltd, Toshiba Corporation, Wuhan Darppon Medical Technology Co., Ltd., Planmed Oy, Barco NV, Esaote SpA
How will industry trends affect the trajectory of the breast imaging devices market?
Major companies operating in the breast imaging devices market are focusing on developing technologically advanced solutions, such as advanced imaging techniques, to enhance early detection and improve diagnostic accuracy for breast cancer. Advanced imaging techniques refer to sophisticated methods used to visualize internal structures of the body with greater detail and precision, such as digital mammography, 3D tomosynthesis, and magnetic resonance imaging (MRI). For instance, in October 2024, StoneSprings Hospital Centre, a US-based healthcare hospital, launched new breast imaging technology. The new technology utilizes state-of-the-art imaging modalities, including digital mammography and 3D tomosynthesis, which provide clearer and more detailed images of breast tissue. This advancement helps in identifying abnormalities that may not be visible with traditional 2D mammography. The system is designed to integrate artificial intelligence (AI) algorithms that assist radiologists in interpreting images more accurately. AI can help flagging potential areas of concern, thereby reducing the chances of missed diagnoses and improving overall accuracy.
Which geographic trends are shaping the breast imaging devices market, and which region has the highest market share?
The countries covered in the breast imaging devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain
What Does The Breast Imaging Devices Market Report 2025 Offer?
The breast imaging devices market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Breast imaging devices refer to medical equipment used to provide screening, diagnostic, surgical, and support services for breast health and cancerous and noncancerous breast disease. The use of these devices is essential in the early detection and treatment of breast cancer.
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