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Wednesday, October 4, 2023

Global Breast Imaging Technologies Market is anticipated to grow at a CAGR of 9.1% during 2024 to 2030

The future of the global Breast Imaging Technologies Market looks promising with opportunities in the hospital and diagnostic center markets. The global breast imaging technologies market is expected to reach an estimated $8.83 billion by 2030 with a CAGR of 9.1% from 2024 to 2030. The major drivers for this market are rising prevalence of breast cancer, increasing demand for early diagnosis, and growing financial support from both private and government entities to enhance healthcare infrastructure development.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the breast imaging technologies market by technology (ionizing breast imaging technology and non ionizing breast imaging technology), end use (hospitals, diagnostic centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, ionizing breast imaging technology and non-ionizing breast imaging technology are the major segments of breast imaging technologies market by technology. Lucintel forecasts that ionizing breast imaging technology is expected to witness higher growth over the forecast period due to growing approvals for mammography and screening procedures and technological advancements, including the development of automated ultrasound systems. Within this market, hospitals will remain the largest segment due to the rising preference of the people for hospital care, growing investments in healthcare infrastructure development, and presence of well-equipped operating and diagnostic rooms.

APAC is expected to witness highest growth over the forecast period due to rising geriatric population, growing cases of breast cancer, and increasing investments in R&D activities in the region.

CANON, Fluidigm Corporation, Fujifilm Holdings Corporation, General Electric, Hologic, koning corporation, Koninklijke Philips N.V., Siemens, Smart Breast Corporation, and Sonocine are the major suppliers in the breast imaging technologies market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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