Breast Imaging Technologies Market Emerging Trends and Growth Drivers Through 2029 | Reach $7.16 Billion
Backed by rigorous analysis and deep industry knowledge, this study is designed to support growth and investment decisions in the breast imaging technologies market.
How Large Will The Breast Imaging Technologies Market Be By 2025?
The breast imaging technologies market size has grown strongly in recent years. It will grow from $4.82 billion in 2024 to $5.21 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to increased awareness and screening programs, rising incidence of breast cancer, government initiatives for breast cancer awareness.
The breast imaging technologies market size is expected to see strong growth in the next few years. It will grow to $7.16 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to 3d mammography (tomosynthesis) adoption, rising demand for minimally invasive procedures, focus on women’s health and precision medicine, expanding applications in research and clinical trials, patient-centric approaches. Major trends in the forecast period include advancements in imaging technology, advancements in ai integration, expanding applications of molecular breast imaging, integration of contrast-enhanced imaging, multimodal imaging approaches.
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What Are Key Factors Driving The Demand In The Global Breast Imaging Technologies Market?
The growing prevalence of breast cancer is expected to propel the breast imaging technologies market going forward. Breast cancer refers to the type of cancer that starts in the cells of the breast in women. Breast tumors are formed when breast cells mutate (alter) and grow out of control. Breast imaging technologies are primarily used for the detection, diagnosis, and staging of breast cancer at an early stage, when it is most treatable. For instance, in November 2023, according to Susang Komen For Cure, a US-based non-profit organization, it is estimated that there will be 297,790 new cases of invasive breast cancer among women in the U.S. Therefore, the growing prevalence of breast cancer is driving the growth of the breast imaging technologies market.
Comparative Analysis Of Leading Breast Imaging Technologies Market Segments
The breast imaging technologies market covered in this report is segmented —
1) By Imaging Technique: Mammography, Breast Ultrasound, Breast MRI, Image Guided Breast Biopsy, Positron Emission Tomography, Other Imaging Techniques
2) By Technology: Ionizing Breast Imaging Technology, Non Ionizing Breast Imaging Technology
3) By End User: Hospital, Diagnostic Imaging Centre, Other End Users
Subsegments:
1) By Mammography: Digital Mammography, 3D Mammography, Film Mammography
2) By Breast Ultrasound: Handheld Ultrasound, Automated Breast Ultrasound, Contrast-Enhanced Ultrasound
3) By Breast MRI: Breast MRI With Contrast, MRI-Guided Biopsy
4) By Image Guided Breast Biopsy: Stereotactic Biopsy, Ultrasound-Guided Biopsy, MRI-Guided Biopsy
5) By Positron Emission Tomography (PET): PET Or CT For Breast Imaging, PET Or MRI For Breast Imaging
6) By Other Imaging Techniques: Thermography, Optical Imaging, Molecular Breast Imaging
Breast Imaging Technologies Market Emerging Trends And Opportunities
Product innovations are a key trend gaining popularity in the breast imaging technology market. Major companies involved in the breast imaging technologies market is focused on innovating new technologies to improve their observation power and sustain their position in the market. For instance, in November 2022, Seno Medical, a US-based medical imaging company, launched the Imagio OA/US Breast Imaging System. It provides combined functional and anatomical breast imaging using laser optics and grayscale ultrasound. The opto-acoustic images give a distinctive blood map inside and around breast lumps, whereas the ultrasound images give a more conventional anatomical picture. These studies, which compare the imagio OA/US breast imaging system to conventional diagnostic imaging modalities, demonstrate that it will be a more useful tool for radiologists to confirm or rule out cancer. Additionally, it contains a computer element that aids users with BI-RADS classifications and is driven by artificial intelligence (AI).
Who Are The Prominent Players In The Breast Imaging Technologies Business?
Major companies operating in the breast imaging technologies market include Fujifilm Holdings Corporation, GE Healthcare Technologies Inc., Hologic Inc., Koninklijke Philips N.V., Siemens Healthineers AG, Aurora Healthcare US Corp., Canon Inc., Koning Corporation, Toshiba Corporation, Sonocine Inc., Agfa-Gevaert N.V., Allengers Medical Systems Ltd., Aspect Imaging Ltd., Bruker Corporation, Carestream Health, CMR Naviscan Corporation, Delphinus Medical Technologies Inc., Esaote SpA, General Medical Merate SpA, Dilon Technologies Inc., Smart Breast Corporation, Gamma Medica Inc., Micrima Limited, Tualatin Imaging P.C., Leica Biosystems Nussloch GmbH, Planmed Oy, Metaltronica S.p.A, SuperSonic Imagine, Women’s Diagnostic Center of America LLC
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Which Region Is Expected To Lead The Breast Imaging Technologies Market By 2025?
North America was the largest region in the breast imaging technologies market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global breast imaging technologies market report during the forecast period. The regions covered in the breast imaging technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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