What Is The Anticipated Market Size and Growth for Breast Imaging Technologies in 2025?
The breast imaging technologies market size has significantly grown in recent years and is expected to grow from $4.82 billion in 2024 to $5.22 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The market’s growth in the historic period can be attributed to increased awareness and screening programs, rising incidence of breast cancer, and government initiatives for breast cancer awareness.
The growth trajectory of the breast imaging technologies market size is forecasted to continue strongly, reaching $7.19 billion in 2029 at a CAGR of 8.3%. The growth in the forecast period can be attributed to 3D mammography (tomosynthesis) adoption, rising demand for minimally invasive procedures, focus on women’s health and precision medicine, expanding applications in research and clinical trials, patient-centric approaches, and advancements in imaging technology and AI integration.
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What Is Driving The Breast Imaging Technologies Market Growth?
One of the key drivers for the growth of the breast imaging technologies market is the increasing prevalence of breast cancer. Breast cancer begins as a group of cancer cells that invades surrounding tissues in the breast. Breast imaging technologies play a crucial role in the early detection, diagnosis, and staging of breast cancer, when it is most treatable. For instance, it is estimated that there will be 297,790 new cases of invasive breast cancer among women in the U.S. in November 2023, according to Susang Komen For Cure, a US-based non-profit organization. Hence, the growing prevalence of breast cancer is fueling the growth of the breast imaging technologies market.
Which Are The Major Segments Within The Global Breast Imaging Technologies Market?
The breast imaging technologies market covered in this report is primarily segmented into –
1) By Imaging Technique: Mammography, Breast Ultrasound, Breast MRI, Image Guided Breast Biopsy, Positron Emission Tomography, Other Imaging Techniques
2) By Technology: Ionizing Breast Imaging Technology, Non Ionizing Breast Imaging Technology
3) By End User: Hospital, Diagnostic Imaging Centre, Other End Users
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What Major Players Are Operating In The Breast Imaging Technologies Market?
Prominent companies operating in the breast imaging technologies market include Fujifilm Holdings Corporation, GE Healthcare Technologies Inc., Hologic Inc., Koninklijke Philips N.V., Siemens Healthineers AG, Aurora Healthcare US Corp., Canon Inc., Koning Corporation, Toshiba Corporation, Sonocine Inc., Agfa-Gevaert N.V., Allengers Medical Systems Ltd., Aspect Imaging Ltd., Bruker Corporation, Carestream Health, CMR Naviscan Corporation, Delphinus Medical Technologies Inc., Esaote SpA, General Medical Merate SpA, Dilon Technologies Inc., Smart Breast Corporation, Gamma Medica Inc., Micrima Limited, Tualatin Imaging P.C., Leica Biosystems Nussloch GmbH, Planmed Oy, Metaltronica S.p.A, SuperSonic Imagine, Women’s Diagnostic Center of America LLC.
What Are The Emerging Trends Affecting The Breast Imaging Technologies Market Landscape?
Product innovations are significantly shaping the landscape of the breast imaging technology market. For instance, in November 2022, Seno Medical, a US-based medical imaging company, launched the Imagio OA/US Breast Imaging System, which provides a unique vantage point on breast lumps using a combination of laser optics and grayscale ultrasound. The system includes a computer AI element, demonstrating the growing importance of technological advancements to the breast imaging market.
What Are The Geographical Trends Of Breast Imaging Technologies Market?
In 2024, North America was the largest region in the breast imaging technologies market, while Asia-Pacific is expected to be the fastest-growing region during the forecast period. The regions covered in the breast imaging technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Breast Imaging Technologies Global Market Report 2025 Offer?
Breast imaging technologies refer to a subspecialty of diagnostic radiology and medical imaging techniques used to detect and examine the breast tissue for signs of disease or abnormality in the early stages. It is frequently used as an additional screening tool for breast-dense women and to assess results from breast ultrasonography and mammography. The Breast Imaging Technologies Global Market Report 2025 research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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