Expanding Awareness about Early Detection of Breast Cancer to Invite Growth for Breast Imaging Market, North America to Bag Title of Significant Regional Contributor, Opines TMR

Expanding Awareness about Early Detection of Breast Cancer to Invite Growth for Breast Imaging Market, North America to Bag Title of Significant Regional Contributor, Opines TMR

PR Newswire

ALBANY, New York, July 20, 2020

- The deepening breast cancer crisis at a rapid rate and the escalating concern to tackle it may aid in enhancing the growth rate of the market

- With factors such as swift technological advancements and rising incidence of breast cancer, global breast imaging market may expand at a ~8% CAGR between 2020 and 2028

ALBANY, New York, July 20, 2020 /PRNewswire/ -- Early cancer detection is important to prevent further suffering and fatalities. Therefore, the elevating use of breast imaging across the globe is bringing tremendous growth opportunities for the breast imaging market during the forecast period of 2020-2028. The strengthening web of technological advancements is also proving to be a great growth generator for the breast imaging market.

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Taking these factors into consideration, Transparency Market Research (TMR) predicts the global breast imaging market to record ~8% CAGR across the forecast period of 2020-2028. The global breast imaging market was valued at ~US$ 3.5 bn in 2019 and may attain a valuation of ~US$ 7 bn by the end of 2028.

The rising awareness about breast cancer detection and treatment by numerous NGOs and extensive government support may serve as prominent growth accelerators for the breast imaging market. In addition, the introduction of technologies such as artificial intelligence (AI) in breast imaging may further help in enhancing the growth rate of the breast imaging market.

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Breast Imaging Market: The Analysts Take

The analysts at TMR credit the enhancing radiologist-patient communication for building the credibility of clinics and hospitals. This factor is eventually enabling widespread acceptance for breast cancer screening, especially in developing economies of Asia Pacific, and helping the breast imaging market to garner growth.

The analysts further highlight the strengthening popularity of Digital Breast Tomosynthesis (DBT) over Digital Mammography (DM) as a powerful breast cancer screening tool. At the same time, the analysts also express skepticism about the performance of DBT for a prolonged period as the volume of published data is limited to only the first round of screening.

Explore 181 pages of top-notch research, incisive insights, and detailed country-level projections. Gain business intelligence on Breast Imaging Market (Technology: Ionizing Breast Imaging [Mammography, Positron Emission Tomography-Computed Tomography {PET-CT}, and Molecular Breast Imaging {MBI}], Nonionizing Breast Imaging [Breast Ultrasound, Breast MRI, Breast Thermography, and Automated Whole-breast Ultrasound {AWBU}], and Others; and End User: Hospitals & Clinics, Diagnostic Centers, Ambulatory Surgical Centers, and Research Centers) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2028 at https://www.transparencymarketresearch.com/report-toc/1371

Breast Imaging Market: Key Revelations

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Breast Imaging Market: Growth Opportunities

The alarming rate of breast cancer cases over the years brings breast cancer detection technologies to the forefront.  Hence, this aspect may prove to be a prime growth generator for the breast imaging market.

Breast Imaging Market: Key Players

The key players involved in the global breast imaging market are Leica Biosystems Nussloch GmbH (Danaher), Fujifilm Holding Corporation, Hologic Inc., Siemens Healthineers, GE Healthcare, Canon Medical Systems Corporation, and Dilon Technologies Inc.

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Global Breast Imaging Market: Segmentation

By Technology

By End User

By Region

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