Global Breast Imaging Market Forecast 2019-2027

GLOBAL BREAST IMAGING MARKET FORECAST 2019-2027

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GLOBAL BREAST IMAGING MARKET FORECAST 20192027

MARKET OVERVIEW • The outpouring prevalence of breast cancer, increasing awareness regarding cancer screening programs, and the progressive advancements in technology are primarily driving the breast imaging market.

• The high cost of breast imaging technologies and stringent regulatory framework are the major factors hindering the breast imaging market.

• The high cost of imaging systems is a preliminary restraint for the growth of the breast imaging market.

• The time to receive regulatory approval for medical devices in the U.S. and Europe usually takes a few years and requires a lot of supportive data.

• Breast imaging technologies are bifurcated into ionizing technology and non-ionizing technology.

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KEY FINDINGS

• Breast imaging belongs to the sub-specialty radiological technique that is most commonly implemented in the diagnosis of breast cancer.

• It encompasses a variety of procedures and other breast-related ailments like infections, lesions, fibrocystic, etc. are also expected to contribute towards the uptake of the breast imaging facilities.

• Therefore, the increasing incidences of breast cancer will primarily drive the market expansion.

• The global market for breast imaging facilities is projected to escalate at a CAGR of 7.81% between 2019 and 2027 to generate revenue of $6,258.8 million by 2027. The forecasting years begins from 2019 and finishes up by 2027.

INTRODUCTION Global Breast imaging market by Technology & by geography.

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NORTH AMERICA ORTHOBIOLOGICS MARKET • The global breast imaging market by North America is anticipated to progress at a significant growth rate of 7.70% CAGR during the forecasting years.

• The base year for the study is considered to be 2018, and the forecasting period ends by 2027.

• The North American market had held onto XX% share of the global market in 2018 and is expected to capture XX% of market share by the end of 2027.

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EUROPE ORTHOBIOLOGICS MARKET • The global market for breast imaging by Europe is expected to escalate at a CAGR of 7.33% during the forecasting tenure of 2019-2027.

• The regional market in Europe had captured XX% of market share by 2018 and is expected to hold on to XX% of market share by the end of 2027..

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ASIA PACIFIC ORTHOBIOLOGICS MARKET • The global breast imaging market by the Asia Pacific was valued at $XX million in 2018 and is expected to reach $XX million by 2027 with a CAGR of 8.80% during the forecasting period of 2019-2027.

• The innovation of complimentary products such as the breast pad designed by GE Healthcare to provide comfort to a woman undergoing screening is expected to catalyze the market growth further.

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COMPETITIVE INSIGHTS Dilon Technologies, Siemens AG, Aurora Imaging Technology, Inc., General Electric Company, BMI Biomedical International S.R.L., Siemens Healthineers, Toshiba Medical Systems Corporation (Acquired By Canon Inc.), Villa Sistemi Medicali S.P.A., Planmed OY, Hologic, Inc., Philips Healthcare, Fujifilm Holdings Corporation, GE Healthcare, Metaltronica SPA, and Sonocine are the major companies headlining the global breast imaging market.

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ABOUT US Inkwood Research specializes in syndicated research reports, customized research reports and consulting services. We offer market intelligence studies across a range of industries including Technology, Chemicals, Materials, Healthcare and Energy. With 20 years of research experience, we ensure you efficient deliverables with global and country industry knowledge and research expertise. Our analysis covers North & South America, Europe, CEE, CIS, Middle East, Africa and Asia.

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