Global Breast Imaging Market

Dec 2018| VMR329A| Verified Market Research

Report Highlights

The Global Breast Imaging Market was valued at USD 2.56 billion in 2016 and is projected to reach USD 5.26 billion by 2025, growing at a CAGR of 8.34% from 2017 to 2025.

The increase in Breast cancer and tumor cases is enforcing the population to keep a track of breast health status. The advances in oncology technology are also increasing with rising funds from Govt. and private sector. All these factors contribute to the growth of Breast imaging market.

Market Dynamics:

1. Market Drivers
1.1 Increasing cases of breast cancer
1.2 Growingfunds and awareness programs regarding breast cancer chekups and treatment
1.3 Population awareness for early diagnosis of breast cancer
1.4 Technological advancements
1.5 Advanced systems for efficient testing and treatment of breast cancer

2. Market Restraints
2.1 High cost of technology
2.2 Side effects of chemo
2.3 Stringent approval regulations
2.4 Reimbursement risks

Market Segmentation:

1. Global Breast Imaging Market, by Type:
1.1 Ionizing Technologies
1.1.1 Full-Field Digital Mammography (FFDM)
1.1.2 Analog Mammography
1.1.3 3D Breast Tomosynthesis
1.1.4 Positron Emission Tomography and Computed Tomography (PET-CT)
1.1.5 Molecular Breast-Specific Gamma Imaging (MBI/BSGI)
1.1.6 Cone-Beam Computed Tomography (CBCT)
1.1.7 Positron Emission Mammography (PEM)
1.1.8 Electric Impedance Tomography
1.2 Non-Ionizing Technologies
1.2.1 Breast Ultrasound
1.2.2 Breast MRI
1.2.3 Automated Whole-Breast Ultrasound (AWBU)
1.2.4 Breast Thermography
1.2.5 Optical Imaging

2. Global Breast Imaging Market, by Region:
2.1 North America (U.S., Canada, Mexico)
2.2 Europe (Germany, UK, France, Rest of Europe)
2.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
2.4 Latin America (Brazil, Argentina, Rest of Latin America)
2.5 Middle East & Africa

Competitive Landscape:

The major players in the market are as follows:
1. Hologic, Inc.
2. GE Healthcare (A Part of General Electric Company)
3. Siemens Healthcare (A Part of Siemens AG)
4. Philips Healthcare (A Part of Koninklijke Philips N.V.)
5. Fujifilm Holdings Corporation
6. Gamma Medica, Inc.
7. Toshiba Corporation
8. Sonociné, Inc.
9. Aurora Imaging Technology, Inc.
10. Dilon Technologies, Inc.

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:

Research study on the Breast Imaging Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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