Breast Imaging Market is projected to hold a value of over USD 4.15 billion in 2021
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The global Breast Imaging market is anticipated to grow at 8.5% CAGR from 2016 to 2021 and it is estimated that the global market was valued at USD 2.76 billion in 2016 and is expected to reach USD 4.15 billion by 2021.
In medicine, breast imaging is the representation or reproduction of a breast's form. There are various methods of breast imaging. Scintimammography is a type of breast imaging test that involves detection of cancer cells in the breasts of some women who have had abnormal mammograms, or for those who have dense breast tissue, post-operative scar tissue or breast implants, but is not used for screening or in place of a mammogram.
Browse market data tables and in-depth TOC of the Breast Imaging Market to 2021 @ https://www.marketdataforecast.com/market-reports/breast-imaging-market-6658/
The increasing incidences of breast cancer, the increasing awareness about the early diagnosis of breast cancer, and the growing number of investments to introduce technology upgrades in the present imaging systems are the preliminary factors that are anticipated to drive the market growth over the forecast period. Technological improvements in the breast imaging devices have led to the emergence of countries in the Asia-Pacific region, which are expected to generate high growth opportunities for the existent market players. Be that as it may, regulatory approval procedures, high system installation costs, health risks due to radiation exposure from the mammography machines, and an unfavorable reimbursement scenario in the developing countries are key factors hindering the market growth.
The global Breast Imaging market is segmented on the basis of Type. On the basis of Type, it is segmented into Pellets, Bales, and Cubes. On the basis of Application, it is segmented into Ionizing Technologies and Non-ionizing Technologies. The ionizing segment is further segmented into Mammography, Digital Mammography, 3D Mammography, MBI, PET-CT, CBCT, and PEM. The Non-ionizing segment is further sub-segmented into Breast Ultrasound, AWBU, Breast Thermography, Breast MRI, and Optical Imaging. The mammography segment accounted for the major share of the market due to the technological advancements in the mammography instruments, for instance, the introduction of the portable and digital mammography instruments are expected to further aid the market growth. The digital mammography equipment provides advantages such as reduced examination times and space requirement for data storage consequently leading the tomography segment to witness lucrative growth as compared to other imaging systems.
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Based on geography, the market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East and Africa. North America held the largest market share due to the increased expenditure in the development of futuristic technologies coupled with the rising awareness amongst patients. Asia Pacific is expected to register the highest CAGR in the coming years. Acquisitions and new product development endeavors in the growing economies of India and China are expected to further boost the growth of the breast imaging market over the forecast period. In addition to the growth in mature markets, the emerging economies such as MEA and Latin America are also expected to witness lucrative growth over the forecast period. Factors such as improvements in the healthcare infrastructure, the rising investment, and the multi-national industrial growth within this region along with the increase in the number of government initiatives to raise awareness are driving the market growth in the developing regions.
Some of the key players dominating the market are Hologic, Inc., GE Healthcare, Siemens Healthcare, Philips Healthcare, Fujifilm Holdings Corporation Gamma Medica, Inc., Toshiba Corporation, Sonocine, Inc., Aurora Imaging Technology, Inc., and Dilon Technologies, Inc.
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The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.
Order your copy of the report: https://www.marketdataforecast.com/cart/buy-now/breast-imaging-market-6658/
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In medicine, breast imaging is the representation or reproduction of a breast's form. There are various methods of breast imaging. Scintimammography is a type of breast imaging test that involves detection of cancer cells in the breasts of some women who have had abnormal mammograms, or for those who have dense breast tissue, post-operative scar tissue or breast implants, but is not used for screening or in place of a mammogram.
Browse market data tables and in-depth TOC of the Breast Imaging Market to 2021 @ https://www.marketdataforecast.com/market-reports/breast-imaging-market-6658/
The increasing incidences of breast cancer, the increasing awareness about the early diagnosis of breast cancer, and the growing number of investments to introduce technology upgrades in the present imaging systems are the preliminary factors that are anticipated to drive the market growth over the forecast period. Technological improvements in the breast imaging devices have led to the emergence of countries in the Asia-Pacific region, which are expected to generate high growth opportunities for the existent market players. Be that as it may, regulatory approval procedures, high system installation costs, health risks due to radiation exposure from the mammography machines, and an unfavorable reimbursement scenario in the developing countries are key factors hindering the market growth.
The global Breast Imaging market is segmented on the basis of Type. On the basis of Type, it is segmented into Pellets, Bales, and Cubes. On the basis of Application, it is segmented into Ionizing Technologies and Non-ionizing Technologies. The ionizing segment is further segmented into Mammography, Digital Mammography, 3D Mammography, MBI, PET-CT, CBCT, and PEM. The Non-ionizing segment is further sub-segmented into Breast Ultrasound, AWBU, Breast Thermography, Breast MRI, and Optical Imaging. The mammography segment accounted for the major share of the market due to the technological advancements in the mammography instruments, for instance, the introduction of the portable and digital mammography instruments are expected to further aid the market growth. The digital mammography equipment provides advantages such as reduced examination times and space requirement for data storage consequently leading the tomography segment to witness lucrative growth as compared to other imaging systems.
Free sample of the report is available @ https://www.marketdataforecast.com/market-reports/breast-imaging-market-6658/request-sample
Based on geography, the market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East and Africa. North America held the largest market share due to the increased expenditure in the development of futuristic technologies coupled with the rising awareness amongst patients. Asia Pacific is expected to register the highest CAGR in the coming years. Acquisitions and new product development endeavors in the growing economies of India and China are expected to further boost the growth of the breast imaging market over the forecast period. In addition to the growth in mature markets, the emerging economies such as MEA and Latin America are also expected to witness lucrative growth over the forecast period. Factors such as improvements in the healthcare infrastructure, the rising investment, and the multi-national industrial growth within this region along with the increase in the number of government initiatives to raise awareness are driving the market growth in the developing regions.
Some of the key players dominating the market are Hologic, Inc., GE Healthcare, Siemens Healthcare, Philips Healthcare, Fujifilm Holdings Corporation Gamma Medica, Inc., Toshiba Corporation, Sonocine, Inc., Aurora Imaging Technology, Inc., and Dilon Technologies, Inc.
Inquire before buying @ https://www.marketdataforecast.com/market-reports/breast-imaging-market-6658/inquire
The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.
Order your copy of the report: https://www.marketdataforecast.com/cart/buy-now/breast-imaging-market-6658/
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail:abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
Follow us @ https://in.linkedin.com/company/market-data-forecast