Breast Cancer Imaging Market:
Growth Opportunities in the Breast Cancer Imaging Market look promising over the next six years. This is mainly due to the launch of custom-made implant products, rising cases of breast cancer patients, growth in prevalence of lifestyle regarding diseases and disorders, technological advancement in imaging devices, and numerous cancer screening campaigns operated by institutions.
Breast Cancer Imaging Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The global breast cancer imaging was expected at USD XX million in 2018 and is estimated to reach USD XX million by 2026, increasing at a CAGR of 8.5% over 2019-2026. The global breast cancer imaging market is predicted to witness an upsurge in demand during the forecast period due to the launch of custom-made implant products, rising cases of breast cancer patients, growth in prevalence of lifestyle regarding diseases and disorders, technological advancement in imaging devices, and cancer screening campaigns operated by institutions. In the United States, it is projected that 268,600 fresh cases of invasive cancer and 62,930 cases of non-invasive cancer are estimated to be diagnosed in 2019.
The hospitals and other healthcare centers buy costly device systems that hinge on third-party paymasters for reimbursement of expenses in diagnosing and procedures operated with these devices. On the contrary, it mostly takes about two to five years for a device system to confirm reimbursement once launched in the regional market. Due to the increasing cost of these sort of device systems and budget limitations, healthcare facilities, such as hospitals, etc., are not ready to expand in technologically advanced device systems, thus this is a major factor that will hinder the growth of the disposable medical gloves market share in terms of revenue.
Type Segment Drivers
Based on type, a non-ionizing system is projected to dominate the market due to reduced risk of exposure of the body to radiation, more advantages accessible by breast ultrasound, the ability to differentiate between a tumor and cyst, and a solid mass and the identification of blood movement through vessels.
End-User Segment Drivers
Based on end-user, the hospital is expected to rise at a higher CAGR in the coming years due to the growing breast cancer incidences and increasing global geriatric population. On the other hand, diagnostic centers are anticipated to dominate the market over the upcoming years due to the increasing awareness associated with breast cancer and its treatment and rising technological advancements in breast cancer imaging devices.
Breast Cancer Imaging Market’s leading Manufacturers:
- Hologic Inc.
- GE Healthcare
- Siemens
- Philips
- Fujifilm Holding Corporation
- Aurora Imaging Technology
- Canon Inc.
- CMR Naviscan Corporation
- Dilon Technologies
- SonoCine Inc.
Breast Cancer Imaging Market Segmentation:
Segmentation by Type:
- Non-Ionizing
- Breast Ultrasound
- Breast MRI
- Automated Whole-Breast Ultrasound
- Breast Thermography
- Ionizing
- Mammography
- Digital Mammography
- 3D Mammogram
- Analog
- MBI
- PET-CT
- PEM
- Mammography
Segmentation by End User:
- Hospitals
- Diagnostic Center
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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