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The breast imaging technologies market size is forecast to increase by USD 2.23 billion, at a CAGR of 8.51% between 2023 and 2028.
Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market continues to evolve, driven by advancements in technology and growing demand for early and accurate diagnosis. Image-guided biopsy techniques, such as vacuum-assisted and stereotactic, play a crucial role in enhancing diagnostic accuracy. Quality assurance and image processing are integral components of these technologies, ensuring regulatory compliance and maintaining diagnostic consistency. CE marking and image analysis enable remote diagnosis, expanding access to care and improving efficiency. Biopsy needles and image interpretation are essential elements of the diagnostic process, with ongoing research focusing on reducing radiation dose and improving patient safety. Regulatory compliance and radiation protection are paramount, with regulatory bodies continually updating guidelines.
Deep learning and artificial intelligence (AI) are increasingly being integrated into breast imaging, enhancing diagnostic accuracy and streamlining workflows. Magnetic resonance imaging (MRI) and computer-aided detection are complementary technologies, providing additional diagnostic insights and reducing false positives. Preventive screening and early detection remain key priorities, with ongoing clinical trials exploring new contrast agents and image acquisition techniques. Ultrasound-guided biopsy and MRI-guided biopsy offer alternatives to traditional needle biopsy, expanding diagnostic options and improving patient comfort. Image compression, data storage, and workflow optimization are essential for managing the large volumes of data generated by these advanced technologies.
Ongoing research and innovation continue to shape the market, with a focus on improving diagnostic accuracy, reducing radiation dose, and enhancing patient safety. The integration of AI and deep learning is expected to significantly impact the market, enabling more efficient and accurate diagnosis.
The breast imaging technologies industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The mammography segment is estimated to witness significant growth during the forecast period.
The market is experiencing significant growth due to the increasing emphasis on early detection of breast cancer. The United States Preventive Services Task Force and similar organizations have established guidelines for mammography screenings, driving demand in this segment. The rising geriatric population and escalating prevalence of breast cancer, which was the most common cancer diagnosis in 2023 with approximately 297,790 invasive and 55,720 non-invasive cases, further fuel market expansion. Advanced technologies like machine learning, computer-aided detection, and artificial intelligence (AI) are revolutionizing breast imaging, enabling remote diagnosis and improving diagnostic accuracy. Image-guided biopsies, including vacuum-assisted, stereotactic, core needle, and MRI-guided, offer enhanced precision and patient safety.
Regulatory compliance, quality assurance, and quality control are crucial factors, with FDA approval and CE marking ensuring standardization. Image processing, analysis, and reconstruction technologies optimize workflows, reduce false positives and negatives, and enhance diagnostic accuracy. Radiation protection and image compression are essential considerations to minimize patient discomfort and streamline data storage. Clinical trials and contrast-enhanced mammography (CEM) contribute to the development of innovative breast imaging technologies.
The Mammography segment was valued at USD 1.6 billion in 2018 and showed a gradual increase during the forecast period.
North America is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The market in North America is currently leading the global landscape, driven by the rising prevalence of breast cancer, increased focus on early detection, and growing investment in advanced diagnostic tools. This market's expansion is further fueled by initiatives from government and private entities, such as cancer-specialized hospitals, clinics, and diagnostic centers. The American Cancer Society and the Radiological Society of North America recommend regular mammograms and breast examinations for women over 40, making North America an attractive market for breast imaging technologies. Advancements in machine learning, computer-aided detection, and artificial intelligence (AI) are revolutionizing breast imaging, enabling remote diagnosis and improving diagnostic accuracy.
Image-guided biopsies, including vacuum-assisted, stereotactic, and core needle biopsies, are increasingly utilized for precise and minimally invasive procedures. Regulatory compliance, quality assurance, and patient safety are paramount, with FDA approval and CE marking ensuring the safety and efficacy of these technologies. Breast ultrasound and magnetic resonance imaging (MRI) are essential alternatives for women with dense breasts or those who cannot undergo mammography due to radiation concerns. Contrast agents and image processing techniques enhance image quality and diagnostic accuracy. Workflow optimization and image interpretation are crucial for efficient and effective breast cancer screening. Clinical trials and research are ongoing to further refine these technologies, with a focus on reducing false positives and false negatives, improving patient comfort, and minimizing radiation doses.
Data storage and image reconstruction technologies enable efficient handling and analysis of large volumes of data, contributing to early detection and improved patient outcomes.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The breast imaging technologies market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the breast imaging technologies market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, breast imaging technologies market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
AURORA HEALTHCARE US Corp. - The Aurora 1.5T Dedicated Breast MRI System from an unspecified provider delivers advanced 3-D bilateral breast imaging, enabling clinicians and their patients to benefit from superior breast cancer detection, diagnosis, and biopsy capabilities.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Breast Imaging Technologies Market insights. See full methodology.
Market Scope |
|
Report Coverage |
Details |
Page number |
140 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.51% |
Market growth 2024-2028 |
USD 2233 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
7.67 |
Key countries |
US, Germany, UK, Japan, and China |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this breast imaging technologies market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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