Breast Imaging Market, by Technology (Ionizing Breast Imaging Technology (Analog Mammography, Full Field Digital Mammography (FFDM), 3D Breast Tomosynthesis, Positron Emission Tomography/ Computed Tomography (PET/CT), Molecular Breast Imaging/ Breast Specific Gamma Imaging (MBI/BSMI), Positron Emission Mammography, Others), Non-Ionizing Breast Imaging Technology (Breast MRI (Magnetic Resonance Imaging), Breast Ultrasound, Optical Imaging, Automated Whole Breast Ultrasound (AWBU), Breast Thermography)), by End User (Hospitals, Diagnostic Laboratories, Ambulatory Surgical Centers) - Size, Share, Outlook, and Opportunity Analysis, 2018 - 2026

  • Published On : Aug 2018 |
  • Pages : 155 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Breast Imaging Market – Insights

Breast imaging is a technique used to obtain high resolution visualization of breast tissues and associated diseases. Breast cancer is the leading cause of the breast disease that require immediate screening, which in turn is anticipate to boost growth of the breast imaging market.

Breast cancer can occur both in men and women. Furthermore, it is majorly reported in females as compared to male. The most common breast imaging tests used to determine breast cancer and related disease are ultrasound, mammography, nuclear imaging MRI, and thermography. Furthermore, mammography is the most preferred imaging techniques for breast cancer diagnosis for the women of age 40 and above.

The global breast imaging market size was valued at US$ 3,150.3 million in 2017, and is expected to witness a CAGR of 9.9% over the forecast period (2018 – 2026).

Figure 1. Global Breast Imaging Market Value Analysis and Forecast and Absolute $ Opportunity (US$ Mn)

Source: Coherent Market Insights Analysis (2018)

Increasing number of accidents and growing geriatric population are expected to drive growth of the breast imaging market

Increasing incidence of breast cancer is expected to be a major factor driving growth of the breast imaging market during the forecast period. According to the breastcancer.org, around 1 in 8 women develop breast cancer over the course of their lifetime. According to the same source, in 2017, an estimated 252,710 new cases of invasive breast cancer are expected to be diagnosed among women in the U.S.

Increasing government initiatives such as awareness programs and funding for research and development to introduce advanced imaging technologies in the market are expected to propel the breast imaging market growth.

For instance, in 2013, Avon Foundation, in partnership with NCI (National Cancer Institute) and the Center for Advancing Innovation funded US$ 250,000 to launch the Breast Cancer Start-up Challenge aimed at teams of business, engineering, medical/scientific, and computer science students, as well as small sized entrepreneurs to develop and commercialize advanced breast cancer inventions.

However, side effects of radiation and installation cost of breast cancer imaging devices and facilities may hinder growth of the breast imaging market.

Breast Imaging Market- Regional Analysis

Regional segmentation of the global breast imaging market by Coherent Market Insights comprises North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

North America is expected to hold dominant position in the global breast imaging market, owing to increasing initiatives by government, presence of major players, and early adoption of advanced medical technologies in economies such as the U.S. and Canada.

Europe is also expected to show significant growth in breast imaging market, owing to increasing prevalence of breast cancer among women in various economies of this region.  According to a report by the UNICEF (The United Nations Children's Fund), around 41,000 new cases of women are diagnosed with breast cancer in England annually and become more common cancer observed in the women in England.

Increasing awareness among the populace in Asia Pacific, along with a large population base is expected to position Asia Pacific as a high growth market in the near future. According to International Association of Cancer Registries, in 2012, over 600,000 new breast cancer cases were reported in Asia, accounting for 39% of all breast cancers diagnosed worldwide.

               Figure 2: Global Breast Imaging Market Value (US$ Mn), By Region

Source: Coherent Market Insights Analysis (2018)

Breast Imaging Market- Competitive Landscape

Manufacturers are focused on providing innovative products and solutions for women’s health through partnerships or agreements. For instance, in March 2018, Philips collaborated with the Hologic Inc. to offer combine Hologic’s innovative mammography technologies and Philips’ leading portfolio of ultrasound, MRI, CT, and X-ray systems, advanced informatics, and broad range of services, including maintenance, upgrade, training and operational performance management services for screening, diagnosis, and treatment of women across the world.

Moreover, in April 2016, Fujifilm India Pvt Ltd collaborated with NM Medical, for the installation of Fujifilm’s 50 Micron 3D Mammography machine-a highly advanced breast cancer diagnostic machine used to detect breast cancer among women at an early stage.        

Key players operating in the breast imaging market include Hologic, Inc., General Electric Company, Siemens AG, Koninklijke Philips N.V., Fujifilm Holdings Corporation, Gamma Medica, Inc., Toshiba Corporation, Sonocine, Inc., Aurora Imaging Technology, Inc., and Dilon Technologies, Inc.

The breast is made up of glands called lobules that are capable of producing milk. This milk is carried through thin tubes called ducts to the lobules or the nipples. The breast tissue also contains fat and connective tissue as well as blood vessels and lymph nodes. Thus breast imaging is the technique that used to examine the breast by providing the detailed representation of it on computer for lumps or changes in size or shape.  Hence, this technique aid in the early detection and diagnosis of breast cancer.

Market Dynamics

Upsurge in prevalence of breast cancer is anticipated to fuel growth of the breast imaging market. Breast cancer can occur both in men and women. It is majorly reported in females as compared to men. According to the National Cancer Institute, around 100 times more new cases of breast cancer were reported in women than in men annually.

Furthermore, According to the National Cancer Foundation (NBCF), breast cancer is the second most diagnosed cancer worldwide, which accounts for 10.9% of cancer incidences in both men and women. The NBCF estimated that 2,470 men will be diagnosed with breast cancer and around 460 will die annually.

Moreover, supportive government initiatives such UK government campaign’s ‘Be clear on cancer,’ helped in spreading awareness about the risk factors, preventive measures, and early diagnosis of cancer. This campaign also include free screening programs, which helped in diagnosing around 15,000 cancer patients. Thus, provides huge opportunities for adoption of breast imaging products by various hospitals during the forecast period.

Key features of the study:

  • This report provides in-depth analysis of the breast imaging market, market size (US$ Mn) and Compound Annual Growth Rate (CAGR (%)) for the forecast period: 2018 – 2026, considering 2017, as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global breast imaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
  • Key players covered as a part of this study include Hologic, Inc., General Electric Company, Siemens AG, Koninklijke Philips N.V., Fujifilm Holdings Corporation, Gamma Medica, Inc., Toshiba Corporation, Sonocine, Inc., Aurora Imaging Technology, Inc., and Dilon Technologies, Inc.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
  • The global breast imaging market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors and suppliers for breast imaging market, research and consulting firms, new entrants, and financial analysts

Detailed Segmentation:

  • Global Breast Imaging Market, By Technology:
    • Ionizing Breast Imaging Technology
      • Analog Mammography
      • Full Field Digital Mammography (FFDM)
      • 3D Breast Tomosynthesis
      • Positron Emission Tomography/ Computed Tomography (PET/CT)
      • Molecular Breast Imaging/ Breast Specific Gamma Imaging (MBI/BSMI)
      • Positron Emission Mammography
      • Others
    • Non-Ionizing Breast Imaging Technology
      • Breast MRI (Magnetic Resonance Imaging)
      • Breast Ultrasound
      • Optical Imaging
      • Automated Whole Breast Ultrasound (AWBU)
      • Breast Thermography
  • Global Breast Imaging Market, By End User:
    • Hospitals
    • Diagnostic Laboratories
    • Ambulatory Surgical Centers
  • Global Breast Imaging Market, By Region:
    • North America
      • By Country:
        • U.S.
        • Canada
      • By Technology:
        • Ionizing Breast Imaging Technology
          • Analog Mammography
          • Full Field Digital Mammography (FFDM)
          • 3D Breast Tomosynthesis
          • Positron Emission Tomography/ Computed Tomography (PET/CT)
          • Molecular Breast Imaging/ Breast Specific Gamma Imaging (MBI/BSMI)
          • Positron Emission Mammography
          • Others
        • Non-Ionizing Breast Imaging Technology
          • Breast MRI (Magnetic Resonance Imaging)
          • Breast Ultrasound
          • Optical Imaging
          • Automated Whole Breast Ultrasound (AWBU)
          • Breast Thermography
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Ambulatory Surgical Centers
    • Europe
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
      • By Technology:
        • Ionizing Breast Imaging Technology
          • Analog Mammography
          • Full Field Digital Mammography (FFDM)
          • 3D Breast Tomosynthesis
          • Positron Emission Tomography/ Computed Tomography (PET/CT)
          • Molecular Breast Imaging/ Breast Specific Gamma Imaging (MBI/BSMI)
          • Positron Emission Mammography
          • Others
        • Non-Ionizing Breast Imaging Technology
          • Breast MRI (Magnetic Resonance Imaging)
          • Breast Ultrasound
          • Optical Imaging
          • Automated Whole Breast Ultrasound (AWBU)
          • Breast Thermography
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Ambulatory Surgical Centers
    • Asia Pacific
      • By Country:
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
      • By Technology:
        • Ionizing Breast Imaging Technology
          • Analog Mammography
          • Full Field Digital Mammography (FFDM)
          • 3D Breast Tomosynthesis
          • Positron Emission Tomography/ Computed Tomography (PET/CT)
          • Molecular Breast Imaging/ Breast Specific Gamma Imaging (MBI/BSMI)
          • Positron Emission Mammography
          • Others
        • Non-Ionizing Breast Imaging Technology
          • Breast MRI (Magnetic Resonance Imaging)
          • Breast Ultrasound
          • Optical Imaging
          • Automated Whole Breast Ultrasound (AWBU)
          • Breast Thermography
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Ambulatory Surgical Centers
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
      • By Technology:
        • Ionizing Breast Imaging Technology
          • Analog Mammography
          • Full Field Digital Mammography (FFDM)
          • 3D Breast Tomosynthesis
          • Positron Emission Tomography/ Computed Tomography (PET/CT)
          • Molecular Breast Imaging/ Breast Specific Gamma Imaging (MBI/BSMI)
          • Positron Emission Mammography
          • Others
        • Non-Ionizing Breast Imaging Technology
          • Breast MRI (Magnetic Resonance Imaging)
          • Breast Ultrasound
          • Optical Imaging
          • Automated Whole Breast Ultrasound (AWBU)
          • Breast Thermography
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Ambulatory Surgical Centers
    • Middle East
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
      • By Technology:
        • Ionizing Breast Imaging Technology
          • Analog Mammography
          • Full Field Digital Mammography (FFDM)
          • 3D Breast Tomosynthesis
          • Positron Emission Tomography/ Computed Tomography (PET/CT)
          • Molecular Breast Imaging/ Breast Specific Gamma Imaging (MBI/BSMI)
          • Positron Emission Mammography
          • Others
        • Non-Ionizing Breast Imaging Technology
          • Breast MRI (Magnetic Resonance Imaging)
          • Breast Ultrasound
          • Optical Imaging
          • Automated Whole Breast Ultrasound (AWBU)
          • Breast Thermography
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Ambulatory Surgical Centers
    • Africa
      • By Country:
        • South Africa
        • Central Africa
        • North Africa
      • By Technology:
        • Ionizing Breast Imaging Technology
          • Analog Mammography
          • Full Field Digital Mammography (FFDM)
          • 3D Breast Tomosynthesis
          • Positron Emission Tomography/ Computed Tomography (PET/CT)
          • Molecular Breast Imaging/ Breast Specific Gamma Imaging (MBI/BSMI)
          • Positron Emission Mammography
          • Others
        • Non-Ionizing Breast Imaging Technology
          • Breast MRI (Magnetic Resonance Imaging)
          • Breast Ultrasound
          • Optical Imaging
          • Automated Whole Breast Ultrasound (AWBU)
          • Breast Thermography
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Ambulatory Surgical Centers
  • Company Profiles
    • Hologic, Inc. *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Highlights
      • Strategies
    • General Electric Company
    • Siemens AG
    • Koninklijke Philips N.V.
    • Fujifilm Holdings Corporation
    • Gamma Medica, Inc.
    • Toshiba Corporation
    • Sonocine, Inc.
    • Aurora Imaging Technology, Inc.
    • Dilon Technologies, Inc.

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Technologies
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Market Trends
    • Technological Advancements
    • Merger and Acquisition
    • Reimbursement Scenario
    • Regulatory Scenario
    • PORTER’S Five Forces
    • PEST Analysis
  4. Global Breast Imaging Market, By Technologies, 2016 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Ionizing Breast Imaging Technologies
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Analog Mammography
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Full Field Digital Mammography (FFDM)
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • 3D Breast Tomosynthesis
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Positron Emission Tomography/ Computed Tomography (PET/CT)
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Molecular Breast imaging/ breast specific gamma imaging (MBI/BSMI)
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Positron Emission Mammography
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Others
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Non-Ionizing Breast Imaging Technologies
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Breast MRI (Magnetic Resonance Imaging)
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Breast Ultrasound
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Optical Imaging
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Automated Whole Breast Ultrasound (AWBU)
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Breast Thermography
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
  5. Global Breast Imaging Market, By End User, 2016 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Diagnostic Laboratories
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Ambulatory Surgical Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
  6. Global Breast Imaging Market, By Regions, 2016 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, By Region, 2016 – 2026
      • Regional Trends
    • North America
      • Market Size and Forecast, By Technologies, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Technologies, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Technologies, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Technologies, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Africa
      • Market Size and Forecast, By Technologies, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • Northern Africa
        • Central Africa
        • South Africa
    • Middle East
      • Market Size and Forecast, By Technologies, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • GCC Countries
        • Israel
        • Rest of Middle East
  7. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • Hologic, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • General Electric Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Siemens AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Koninklijke Philips N.V.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Fujifilm Holdings Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Gamma Medica, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Toshiba Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Sonocine, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Aurora Imaging Technology, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Dilon Technologies, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 23 market data tables and 26 figures on "Breast Imaging Market” - Global forecast to 2026”.

 

 

 

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