Breast imaging refers to various techniques employed to detect breast cancer through visualization of the breast tissues. The techniques used include mammography, breast MRI, breast ultrasound, and molecular breast imaging. Mammography remains the most widely used technique as it can detect small lumps within the breast tissue easily. Breast imaging provides early detection of breast cancer which raises chances of survival. Rising awareness regarding breast cancer screening and technological advancements in imaging modalities are driving the adoption of breast imaging techniques.

The global breast imaging market is estimated to be valued at US$ 4.6 billion in 2024 and is expected to exhibit a CAGR of 7.9% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the breast imaging market are Hologic Inc., GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Fujifilm Holdings Corporation, Canon Inc., and Aurora Healthcare US Corp.

Growing investments by government and private organizations to expand Breast Imaging Market Demand  programs across developing nations present significant growth opportunities. Moreover, rising disposable incomes have increased affordability of advanced breast imaging systems in emerging economies.

Increasing adoption of digital mammography systems, integration of Artificial Intelligence in breast imaging, and availability of mobile breast imaging systems are expected to drive the global expansion of breast imaging market during the forecast period.

Market Drivers

The rising incidence of Breast Imaging Companies is a key factor driving the breast imaging market. As per WHO, breast cancer is the most common cancer in women worldwide, with an estimated 2.3 million new cases diagnosed in 2020. Early detection through breast screening practices have significantly improved cure rates.

This is increasing the demand for various breast imaging modalities. Furthermore, initiatives to spread awareness about breast cancer and importance of early diagnosis are encouraging more women to opt for routine breast imaging procedures.

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