Global Breast Imaging Technologies Market Size and Forecast 2024-2033| Fujifilm Holdings Corporation, GE Healthcare Technologies Inc., Hologic Inc., Koninklijke Philips N.V., Siemens Healthineers AG

The Breast Imaging Technologies Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Breast Imaging Technologies Global Market Report 2024, The breast imaging technologies market size has grown strongly in recent years. It will grow from $4.39 billion in 2023 to $4.79 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The  growth in the historic period can be attributed to increased awareness and screening programs, rising incidence of breast cancer, government initiatives for breast cancer awareness.

The breast imaging technologies market size is expected to see strong growth in the next few years. It will grow to $6.5 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. 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. Major trends in the forecast period include advancements in imaging technology, advancements in ai integration, expanding applications of molecular breast imaging, integration of contrast-enhanced imaging, multimodal imaging approaches.

The growing prevalence of breast cancer is expected to propel the breast imaging technologies market going forward. Breast cancer refers to the type of cancer that starts in the cells of the breast in women. Breast tumors are formed when breast cells mutation (alter) and grow out of control. Breast imaging technologies are primarily used for the detection, diagnosis, and staging of breast cancer at an early stage, when it is most treatable. For instance, in November 2023, according to Susang Komen For Cure, a US-based non-profit organization, it is estimated that there will be 297,790 new cases of invasive breast cancer among women in the U.S. Therefore, the growing prevalence of breast cancer is driving the growth of the breast imaging technologies market.

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The breast imaging technologies market covered in this report is segmented –

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

Product innovations are a key trend gaining popularity in the breast imaging technology market. Major companies involved in the breast imaging technologies market is focused on innovating new technologies to improve their observation power and sustain their position in the market. For instance, in November 2022, Seno Medical, a US-based medical imaging company, launched the Imagio OA/US Breast Imaging System. It provides combined functional and anatomical breast imaging using laser optics and grayscale ultrasound. The opto-acoustic images give a distinctive blood map inside and around breast lumps, whereas the ultrasound images give a more conventional anatomical picture. These studies, which compare the imagio OA/US breast imaging system to conventional diagnostic imaging modalities, demonstrate that it will be a more useful tool for radiologists to confirm or rule out cancer. Additionally, it contains a computer element that aids users with BI-RADS classifications and is driven by artificial intelligence (AI).

The breast imaging technologies market report table of contents includes:

1. Executive Summary

2. Breast Imaging Technologies Market Characteristics

3. Breast Imaging Technologies Market Trends And Strategies

4. Breast Imaging Technologies Market – Macro Economic Scenario

5. Global Breast Imaging Technologies Market Size and Growth

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26. South America Breast Imaging Technologies Market

27. Brazil Breast Imaging Technologies Market

28. Middle East Breast Imaging Technologies Market

29. Africa Breast Imaging Technologies Market

30. Breast Imaging Technologies Market Competitive Landscape And Company Profiles

Top Major Players:

• Fujifilm Holdings Corporation
• GE Healthcare Technologies Inc
• Hologic Inc
• Koninklijke Philips N.V
• Siemens Healthineers AG

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