Global Breast Imaging Market (2020-2025) by Technologies, End user and Geography and the Impact of Covid-19 with Ansoff Analysis

Introduction

Breast Imaging involves various types of imaging procedures to have a better understanding of breast related ailments. It is a general term that encompasses mammography, breast sonography, breast magnetic resonance imaging (MRI) and other technologies. This diagnostic equipment is used by radiologists which helps them to detect cysts, benign or tumour lesion in the breast. An early diagnosis by means of breast imaging can certainly be helpful in bringing about a favourable oncological outcome.

The Global Breast Imaging Market is estimated to be USD 3.85 Bn in 2020 and is expected to reach USD 6.0 Bn by 2025 growing at a CAGR of 9.3%.

Key factors such as increasing incidence of breast cancer coupled with the growing awareness about early detection of breast cancer is anticipated to drive the Global Breast Imaging market in the forecasted period. On the contrary, the associated cost of equipment hinder the growth of the market

Market Dynamics

Drivers

• Rise in the number of breast related diseases
• Increasing awareness of screening and diagnosis of breast cancer
• Ageing population of women
• Increasing Investment and Funding in R&D for Breast Cancer Treatments

Restraints

• High cost of Breast Imaging Equipment
• Stringent Regulatory Approval Procedure
• Adverse effects from exposure to Radiation

Opportunities

• Advancements in Technological Innovations and Imaging Equipments
• Extensive Research in the Development of Hybrid Imaging Systems

Segments Covered
By Geography, North America is the largest market. The global Breast Imaging Market is segmented on the basis of technologies, end user and geography.

Global Breast Imaging Market, By Technology

• Introduction
• Ionizing Technology
• Full-Field Digital Mammography (FFDM)
• Analog Mammography
• 3D Breast Tomosynthesis
• Positron Emission Tomography/Computed Tomography (PET/CT)
• Molecular Breast-Specific Gamma Imaging (MBI/BSGI)
• Positron Emission Mammography (PEM)
• Computed Tomography (CT)
• Cone Beam Computed Tomography (CBCT)
• Non-Ionizing Technology
• Breast Ultrasound
• Breast MRI
• Automated Whole-Breast Ultrasound (AWBS)
• Breast Thermography
• Electric Impedance Tomography
• Optical Imaging

Global Breast Imaging Market, By End User

• Introduction
• Hospitals
• Diagnostic Imaging Centres
• Ambulatory Surgical Centres (ASCs)

Global Breast Imaging Market, By Geography

• North America
• South America
• Europe
• Asia Pacific
• Middle East and Africa

Company profiles
Some of the companies covered in this report are Hologic, Inc., GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Fujifilm Holdings Corporation, Canon Inc., Aurora Healthcare US Corp., and CMR Naviscan Corporation etc

IGR Competitive Quadrant
The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share etc.

Lions: Represents companies with a strong foothold in the market, with the highest market share, large investments in technologies, new products.
Bulls: Companies that are medium in size competing with their USPs, growing companies with proven market share.
Rabbits: Small companies but growing rapidly, constantly improving their offerings in the market.
Tortoise: Companies which are slow in growth, having a long legacy and stable or negative in performance.

Why buy this report?
The report offers a comprehensive evaluation of the Global Breast Imaging Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys and observation of renowned personnel in the industry.
The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
The report also contains the competitive analysis using IGR Competitive Quadrant, a Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market