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(Medical-NewsWire.com, October 16, 2017 ) The global breast imaging technologies market is projected to be around $6 billion by 2025. The market is primarily driven by increasing prevalence of breast cancer worldwide. As per the statistical analysis conducted by GLOBOCAN in 2012, around 1.8 million new breast cancer cases were estimated for 2015 and this number was further projected to reach 2.4 million by 2030. Such significant prevalence of breast cancer will largely contribute to the growth of breast imaging technologies market during the forecast period. Rising geriatric population, increasing awareness related to early breast cancer detection and technological advancement in breast imaging technologies are expected to further propel the market growth during the forecast period. Favorable initiatives undertaken by government and private agencies to increase awareness related to breast cancer and its treatment will also contribute significantly to the market growth in coming years. However, restraining factors such as high costs of breast imaging systems along with stringent regulatory approval procedures can hamper the growth of breast imaging technologies market during the forecast period.
Product Outlook and Trend Analysis
Ionizing breast imaging technologies segment held the larger market share in 2016 as they provide critical information related to the occurrence or re-occurrence of tumor aiding the physicians to take timely remedial measures. 3D breast tomosynthesis market is expected to exhibit fastest growth during the forecast period as breast cancer in women with dense breast tissues can be easily detected using this technology. Full-field digital mammography segment held the major share of the market in 2016 as the technology uses reduced radiation dose as compared to film mammography and is a time efficient modality.
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Non-ionizing breast imaging technologies segment is anticipated to show fastest growth over the forecast period owing to the introduction of advanced breast imaging modalities such as automated whole breast ultrasound. Breast MRI segment held the largest share of the non-ionizing breast imaging technologies market in 2016 owing to its high sensitivity towards small abnormalities and its ability to visualize the breast in any orientation.
Breast Imaging Technologies Market, By Product, Estimates and Forecast, 2016-2025 ($Million)
Non-Ionizing Breast Imaging Technologies
Breast Ultrasound
Breast MRI
Breast Thermography
Optical Imaging
Ionizing Breast Imaging Technologies
3D Breast Tomosynthesis
Full-Field Digital Mammography
Analog Mammography
Positron Emission Mammography
Molecular Breast Imaging/Breast-Specific Gamma Imaging
Positron Emission Tomography/Computed Tomography
Cone Beam Computed Tomography
Breast Imaging Technologies Market, By Region, Estimates and Forecast, 2016-2025 ($Million)
North America
North America Breast Imaging Technologies Market, By Country
North America Breast Imaging Technologies Market, By Product
U.S. Breast Imaging Technologies Market, By Product
Canada Breast Imaging Technologies Market, By Product
Mexico Breast Imaging Technologies Market, By Product
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We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
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