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Breast Imaging Technologies Market By Technology: Global Opportunity Analysis and Industry Forecast, 2020-2030

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    Report

  • 115 Pages
  • March 2022
  • Region: Global
  • Allied Market Research
  • ID: 5640342
The global breast imaging technologies market was valued at $ 3,737.8 million in 2020, and is projected to reach $8,133.8 million by 2030, registering a CAGR of 8.1% from 2021 to 2030.

Breast imaging is a technique used for obtaining high resolution images of breast tissues. It helps in the detection of breast cancer and other breast-related disorders at the initial stages. Breast imaging has become an important aspect of breast cancer diagnosis, as breast cancer is one of the leading causes of fatality among women.

The growth of the global breast imaging technologies market is majorly driven by increase in prevalence of breast cancer, government and private organization initiatives about early detection of breast cancer, surge in number of screening programs, and rise in demand for early diagnosis of breast cancer. For instance, in March 2020, the World Health Organization (WHO)reported that around 2.3 million women were diagnosed with breast cancer. Furthermore, in October 2021, the WHO launched women’s health chatbot along with messaging on breast cancer.

Furthermore, rise in number of women population drives the growth of the market. This is attributed to the fact that women population above the age of 45 years is highly vulnerable to breast diseases, which boosts the need for various breast imaging technology services. This factor is expected to notably contribute toward the growth of the global breast imaging technologies market.

In addition, development of medical imaging sector and rise in several approvals for breast imaging technologies drive the global breast imaging technologies market. In addition, increase in R&D activities in healthcare industry and development in medical imaging sectors are anticipated to provide lucrative opportunities for the market expansion.

However, high cost required for detecting breast cancer and stringent regulatory approval procedures hinder the market growth. On the contrary, increase in awareness among population about early detection of breast cancer augments the growth of the breast imaging technologies market. This has further encouraged many key players to enter emerging markets, thus offering lucrative opportunities for the expansion of the breast imaging technologies market.

The breast imaging technologies market is segmented on the basis of product and region. Depending on product, the market is divided into ionizing breast imaging technologies and non-ionizing breast imaging technologies. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some of the major companies that operate in the global breast imaging technologies market are Canon Inc., Carestream Health, Fujifilm Holdings Corporation, General Electric Company, Hologic, Inc., Koninklijke Philips N.V., Koning Corporation, Siemens Healthineers, SmartBreast, and Sonocin, Inc.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the breast imaging technologies market analysis from 2020 to 2030 to identify the prevailing breast imaging technologies market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the breast imaging technologies market size segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global breast imaging technologies market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments


By Technology

  • Ionizing Breast Imaging Technology
  • Non Ionizing Breast Imaging Technology

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • India
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • CANON INC.
  • Fluidigm Corporation
  • Fujifilm Holdings Corporation
  • General Electric Company
  • Hologic, Inc.
  • koning corporation
  • Koninklijke Philips N.V.
  • Siemens AG
  • Smart Breast Corporation
  • Sonocine Inc
Frequently Asked Questions about the Global Breast Imaging Technologies Market

What is the estimated value of the Global Breast Imaging Technologies Market?

The Global Breast Imaging Technologies Market was estimated to be valued at $3737.8 million in 2020.

What is the growth rate of the Global Breast Imaging Technologies Market?

The growth rate of the Global Breast Imaging Technologies Market is 8.1%, with an estimated value of $8133.8 million by 2030.

What is the forecasted size of the Global Breast Imaging Technologies Market?

The Global Breast Imaging Technologies Market is estimated to be worth $8133.8 million by 2030.

Who are the key companies in the Global Breast Imaging Technologies Market?

Key companies in the Global Breast Imaging Technologies Market include CANON INC., Fluidigm Corporation, Fujifilm Holdings Corporation, General Electric Company, Hologic, Inc., koning corporation, Koninklijke Philips N.V., Siemens AG, Smart Breast Corporation and Sonocine Inc.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: BREAST IMAGING TECHNOLOGIES MARKET, BY TECHNOLOGY
4.1 Overview
4.1.1 Market size and forecast
4.2 Ionizing Breast Imaging Technology
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Non Ionizing Breast Imaging Technology
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
CHAPTER 5: BREAST IMAGING TECHNOLOGIES MARKET, BY REGION
5.1 Overview
5.1.1 Market size and forecast
5.2 North America
5.2.1 Key trends and opportunities
5.2.2 North America Market size and forecast, by Technology
5.2.3 North America Market size and forecast, by country
5.2.3.1 U.S.
5.2.3.1.1 Market size and forecast, by Technology
5.2.3.2 Canada
5.2.3.2.1 Market size and forecast, by Technology
5.2.3.3 Mexico
5.2.3.3.1 Market size and forecast, by Technology
5.3 Europe
5.3.1 Key trends and opportunities
5.3.2 Europe Market size and forecast, by Technology
5.3.3 Europe Market size and forecast, by country
5.3.3.1 Germany
5.3.3.1.1 Market size and forecast, by Technology
5.3.3.2 France
5.3.3.2.1 Market size and forecast, by Technology
5.3.3.3 United Kingdom
5.3.3.3.1 Market size and forecast, by Technology
5.3.3.4 Italy
5.3.3.4.1 Market size and forecast, by Technology
5.3.3.5 Spain
5.3.3.5.1 Market size and forecast, by Technology
5.3.3.6 Rest of Europe
5.3.3.6.1 Market size and forecast, by Technology
5.4 Asia-Pacific
5.4.1 Key trends and opportunities
5.4.2 Asia-Pacific Market size and forecast, by Technology
5.4.3 Asia-Pacific Market size and forecast, by country
5.4.3.1 Japan
5.4.3.1.1 Market size and forecast, by Technology
5.4.3.2 China
5.4.3.2.1 Market size and forecast, by Technology
5.4.3.3 India
5.4.3.3.1 Market size and forecast, by Technology
5.4.3.4 Rest of Asia-Pacific
5.4.3.4.1 Market size and forecast, by Technology
5.5 LAMEA
5.5.1 Key trends and opportunities
5.5.2 LAMEA Market size and forecast, by Technology
5.5.3 LAMEA Market size and forecast, by country
5.5.3.1 Brazil
5.5.3.1.1 Market size and forecast, by Technology
5.5.3.2 Saudi Arabia
5.5.3.2.1 Market size and forecast, by Technology
5.5.3.3 South Africa
5.5.3.3.1 Market size and forecast, by Technology
5.5.3.4 Rest of LAMEA
5.5.3.4.1 Market size and forecast, by Technology
CHAPTER 6: COMPANY LANDSCAPE
6.1. Introduction
6.2. Top winning strategies
6.3. Product Mapping of Top 10 Player
6.4. Competitive Dashboard
6.5. Competitive Heatmap
6.6. Key developments
CHAPTER 7: COMPANY PROFILES
7.1 CANON INC.
7.1.1 Company overview
7.1.2 Company snapshot
7.1.3 Operating business segments
7.1.4 Product portfolio
7.1.5 Business performance
7.1.6 Key strategic moves and developments
7.2 Fluidigm Corporation
7.2.1 Company overview
7.2.2 Company snapshot
7.2.3 Operating business segments
7.2.4 Product portfolio
7.2.5 Business performance
7.2.6 Key strategic moves and developments
7.3 Fujifilm Holdings Corporation
7.3.1 Company overview
7.3.2 Company snapshot
7.3.3 Operating business segments
7.3.4 Product portfolio
7.3.5 Business performance
7.3.6 Key strategic moves and developments
7.4 General Electric Company
7.4.1 Company overview
7.4.2 Company snapshot
7.4.3 Operating business segments
7.4.4 Product portfolio
7.4.5 Business performance
7.4.6 Key strategic moves and developments
7.5 Hologic, Inc.
7.5.1 Company overview
7.5.2 Company snapshot
7.5.3 Operating business segments
7.5.4 Product portfolio
7.5.5 Business performance
7.5.6 Key strategic moves and developments
7.6 koning corporation
7.6.1 Company overview
7.6.2 Company snapshot
7.6.3 Operating business segments
7.6.4 Product portfolio
7.6.5 Business performance
7.6.6 Key strategic moves and developments
7.7 Koninklijke Philips N.V.
7.7.1 Company overview
7.7.2 Company snapshot
7.7.3 Operating business segments
7.7.4 Product portfolio
7.7.5 Business performance
7.7.6 Key strategic moves and developments
7.8 Siemens AG
7.8.1 Company overview
7.8.2 Company snapshot
7.8.3 Operating business segments
7.8.4 Product portfolio
7.8.5 Business performance
7.8.6 Key strategic moves and developments
7.9 Smart Breast Corporation
7.9.1 Company overview
7.9.2 Company snapshot
7.9.3 Operating business segments
7.9.4 Product portfolio
7.9.5 Business performance
7.9.6 Key strategic moves and developments
7.10 Sonocine Inc
7.10.1 Company overview
7.10.2 Company snapshot
7.10.3 Operating business segments
7.10.4 Product portfolio
7.10.5 Business performance
7.10.6 Key strategic moves and developments
LIST OF TABLES
Table 1. Global Breast Imaging Technologies Market, by Technology, 2020-2030, ($Million)
Table 2. Breast Imaging Technologies Market Revenue, for Ionizing Breast Imaging Technology, by Region, 2020-2030, ($Million)
Table 3. Breast Imaging Technologies Market Ionizing Breast Imaging Technology by Country, 2020-2030, ($Million)
Table 4. Breast Imaging Technologies Market Revenue, for Non Ionizing Breast Imaging Technology, by Region, 2020-2030, ($Million)
Table 5. Breast Imaging Technologies Market Non Ionizing Breast Imaging Technology by Country, 2020-2030, ($Million)
Table 6. Breast Imaging Technologies Market, by Region, 2020-2030, ($Million)
Table 7. North America Breast Imaging Technologies Market, by Technology, 2020-2030, ($Million)
Table 8. North America Breast Imaging Technologies Market, by Country, 2020-2030, ($Million)
Table 9. U.S. Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 10. Canada Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 11. Mexico Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 12. Europe Breast Imaging Technologies Market, by Technology, 2020-2030, ($Million)
Table 13. Europe Breast Imaging Technologies Market, by Country, 2020-2030, ($Million)
Table 14. Germany Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 15. France Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 16. United Kingdom Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 17. Italy Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 18. Spain Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 19. Rest of Europe Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 20. Asia-Pacific Breast Imaging Technologies Market, by Technology, 2020-2030, ($Million)
Table 21. Asia-Pacific Breast Imaging Technologies Market, by Country, 2020-2030, ($Million)
Table 22. Japan Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 23. China Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 24. India Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 25. Rest of Asia-Pacific Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 26. LAMEA Breast Imaging Technologies Market, by Technology, 2020-2030, ($Million)
Table 27. LAMEA Breast Imaging Technologies Market, by Country, 2020-2030, ($Million)
Table 28. Brazil Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 29. Saudi Arabia Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 30. South Africa Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 31. Rest of LAMEA Breast Imaging Technologies Market by Technology 2020-2030, ($Million)
Table 32. Canon Inc.: Company Snapshot
Table 33. Canon Inc.: Operating Segments
Table 34. Canon Inc.: Product Portfolio
Table 35. Canon Inc.: Net Sales
Table 36. Canon Inc.: Key Stratergies
Table 37. Fluidigm Corporation: Company Snapshot
Table 38. Fluidigm Corporation: Operating Segments
Table 39. Fluidigm Corporation: Product Portfolio
Table 40. Fluidigm Corporation: Net Sales
Table 41. Fluidigm Corporation: Key Stratergies
Table 42. Fujifilm Holdings Corporation: Company Snapshot
Table 43. Fujifilm Holdings Corporation: Operating Segments
Table 44. Fujifilm Holdings Corporation: Product Portfolio
Table 45. Fujifilm Holdings Corporation: Net Sales
Table 46. Fujifilm Holdings Corporation: Key Stratergies
Table 47. General Electric Company: Company Snapshot
Table 48. General Electric Company: Operating Segments
Table 49. General Electric Company: Product Portfolio
Table 50. General Electric Company: Net Sales
Table 51. General Electric Company: Key Stratergies
Table 52. Hologic, Inc.: Company Snapshot
Table 53. Hologic, Inc.: Operating Segments
Table 54. Hologic, Inc.: Product Portfolio
Table 55. Hologic, Inc.: Net Sales
Table 56. Hologic, Inc.: Key Stratergies
Table 57. Koning Corporation: Company Snapshot
Table 58. Koning Corporation: Operating Segments
Table 59. Koning Corporation: Product Portfolio
Table 60. Koning Corporation: Net Sales
Table 61. Koning Corporation: Key Stratergies
Table 62. Koninklijke Philips N.V.: Company Snapshot
Table 63. Koninklijke Philips N.V.: Operating Segments
Table 64. Koninklijke Philips N.V.: Product Portfolio
Table 65. Koninklijke Philips N.V.: Net Sales
Table 66. Koninklijke Philips N.V.: Key Stratergies
Table 67. Siemens Ag: Company Snapshot
Table 68. Siemens Ag: Operating Segments
Table 69. Siemens Ag: Product Portfolio
Table 70. Siemens Ag: Net Sales
Table 71. Siemens Ag: Key Stratergies
Table 72. Smart Breast Corporation: Company Snapshot
Table 73. Smart Breast Corporation: Operating Segments
Table 74. Smart Breast Corporation: Product Portfolio
Table 75. Smart Breast Corporation: Net Sales
Table 76. Smart Breast Corporation: Key Stratergies
Table 77. Sonocine Inc: Company Snapshot
Table 78. Sonocine Inc: Operating Segments
Table 79. Sonocine Inc: Product Portfolio
Table 80. Sonocine Inc: Net Sales
Table 81. Sonocine Inc: Key Stratergies
LIST OF FIGURES
Figure 1. Breast Imaging Technologies Market Segmentation
Figure 2. Breast Imaging Technologies Market, 2020-2030
Figure 3. Breast Imaging Technologies Market, 2020-2030
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Breast Imaging Technologies Market:Drivers, Restraints and Opportunities
Figure 11. Breast Imaging Technologies Market, by Technology, 2020 (%)
Figure 12. Comparative Share Analysis of Ionizing Breast Imaging Technology Breast Imaging Technologies Market, 2020-2030 (%)
Figure 13. Comparative Share Analysis of Non Ionizing Breast Imaging Technology Breast Imaging Technologies Market, 2020-2030 (%)
Figure 14. Breast Imaging Technologies Market by Region, 2020
Figure 15. U.S. Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 16. Canada Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 17. Mexico Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 18. Germany Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 19. France Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 20. United Kingdom Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 21. Italy Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 22. Spain Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 23. Rest of Europe Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 24. Japan Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 25. China Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 26. India Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 27. Rest of Asia-Pacific Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 28. Brazil Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 29. Saudi Arabia Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 30. South Africa Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 31. Rest of LAMEA Breast Imaging Technologies Market, 2020-2030 ($Million)
Figure 32. Top Winning Strategies, by Year
Figure 33. Top Winning Strategies, by Development
Figure 34. Top Winning Strategies, by Company
Figure 35. Product Mapping of Top 10 Players
Figure 36. Competitive Dashboard
Figure 37. Competitive Heatmap of Top 10 Key Players
Figure 38. Canon Inc. Net Sales, ($Million)
Figure 39. Fluidigm Corporation.: Net Sales, ($Million)
Figure 40. Fujifilm Holdings Corporation.: Net Sales, ($Million)
Figure 41. General Electric Company.: Net Sales, ($Million)
Figure 42. Hologic, Inc. Net Sales, ($Million)
Figure 43. Koning Corporation.: Net Sales, ($Million)
Figure 44. Koninklijke Philips N.V. Net Sales, ($Million)
Figure 45. Siemens AG.: Net Sales, ($Million)
Figure 46. Smart Breast Corporation.: Net Sales, ($Million)
Figure 47. Sonocine Inc.: Net Sales, ($Million)

Executive Summary

The global breast imaging technologies market size was valued at $3.7 billion in 2020, and is estimated to reach $8.1 billion by 2030. Breast imaging facilitates the detection of breast cancer and other breast-related diseases. These tests are used for screening and diagnosis of breast cancer among women. Factors that drive the breast imaging technologies market growth include rise in demand for screening procedure, advancements in the medical device industry, and surge in demand for early detection of disease. In addition, rise in prevalence of breast cancer contributes toward the growth of the global breast imaging technologies market. According to the Cancer.org, in 2021, invasive ductal carcinoma accounted for 70-80% of all breast cancer cases, which increases the need for breast imaging technology, thus driving the growth of the breast imaging technologies industry.

Market players focus on manufacturing of different breast imaging technologies to offer better analysis. Moreover, increase in prevalence of women population aged above 45 years and surge in need for regular breast imaging screening process accelerate the market growth. According to the cancer organization, in 2021, it was reported that around 80% of women aged above 45 years were diagnosed with breast cancer.

Moreover, rise in disposable income and development of the medical imaging sector for manufacturing of breast imaging technologies are anticipated to drive growth of the breast imaging technologies market. In addition, many clinical studies are being carried out on various types of technologies to evaluate safety and efficacy, which are expected to propel the growth of the breast imaging technologies industry. For instance, in January 2022, Seno Medical Instruments announced the clinical trial for Imagio breast imaging system. It included 12 sites and 600 patients, with the goal of collecting data using an ultrasound device.

Rise in number of approvals for breast imaging technologies and increase in number of key players to manufacture breast imaging devices are the key factors that boost growth of the market.

The breast imaging technologies market size is segmented on the basis of technology and region. Depending on technology, the market is divided into ionizing breast imaging technologies and non-ionizing breast imaging technologies. The ionizing breast imaging technologies segment dominated the market in 2020, and this trend is expected to continue during the breast imaging technologies market forecast period, owing to increase in number of approvals for mammography and screening procedures.

Key findings of the Study

  • Depending on technology, the ionizing breast imaging technologies segment was the highest contributor to the market in 2020.
  • Region wise, North America held the largest revenue of breast imaging technologies market share in 2020, however, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
North America dominated the breast imaging technologies market in 2020, and is expected to be dominant during the forecast period, owing to rise in prevalence of breast cancer, increase in number of approvals for breast imaging technologies, and strong presence of key players. However, Asia-Pacific is expected to register highest CAGR of 9.2% from 2021 to 2030, owing to increase in number of women population, rise in awareness about breast cancer, surge in healthcare expenditure, and increase in demand for early diagnosis of breast cancer.

Companies Mentioned

  • CANON INC.
  • Fluidigm Corporation
  • Fujifilm Holdings Corporation
  • General Electric Company
  • Hologic, Inc.
  • koning corporation
  • Koninklijke Philips N.V.
  • Siemens AG
  • Smart Breast Corporation
  • Sonocine Inc

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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