Increasing Cases of Breast Cancer Patients is driving the Breast Imaging Market Market

Breast Imaging
  • Breast Imaging Market

As stated by our extensive report, providing insights on product and procedure the global {keyword} market accounted for USD 3,629.40 USD Million billion in 2021.

The Breast Imaging Market Market is majorly driven by the factors such as the growing prevalence of breast cancer, technological advancements in the field of breast imaging, and investment from various organizations in breast cancer screening campaigns.The increasing awareness and various tutorials on breast screening have been contributing to the rapid market growth. These screening programs have been shown to save lives as compared with unscreened populations.

According to World Health Organization (WHO), more than 15% of women living in cities areas are prone to breast cancer, although this is a global trend, its effects are more severe in the urban areas of developing countries.

As per the scope, Breast imaging is a subspecialty of diagnostic radiology. It involves a range of imaging procedures with a wide variety of tools and technologies to screen, detect, and diagnose breast cancer. If cancer is detected, these tests help our doctors find the type of cancer, as well as determine the stage and location of cancer.

Breast Imaging Market Market has been adversely affected in recent months owing to the outbreak of the pandemic, COVID-19, in December 2019. The outbreak has resulted in numerous countries imposing lockdowns and shutting down businesses except for essential services (allowed with minimum workforce). Several businesses have increased their focus on profitability and reduced their expenses in manufacturing, which is decreasing the demand for Breast Imaging Market Market.

Asia Pacific is expected to grow at the fastest CAGR in the coming years owing to the high demand for breast imaging diagnostics in the healthcare sector.Additionally, this region has the most advanced healthcare facilities which are boosting the market to grow. Countries such as U.S. & Canada are considered to be the most developed countries in the field of breast imaging diagnostics technology. These are a few of the reasons is expected to grow in the coming years.

Developing economies like India, China, and the Middle East are considered to gain huge opportunities in the field of healthcare. North America held the largest share of the Breast Imaging Market Market in 2021, followed by Europe and the Asia Pacific.In major parts of the world, the market is still growing owing to insufficient funds, lack of awareness, minimum availability of R&D facilities, underdeveloped IT infrastructure, and social constraints.

Major players of the {keyword} market such as Hologic, Inc. (US), GE Healthcare (US), Siemens Healthineers (Germany), Koninklijke Philips N.V. (Netherlands), Fujifilm Holdings Corporation (Japan), Canon Inc. (Japan), Aurora Healthcare US Corp. (US), Allengers (India), Dilon Technologies, Inc. (US), Planmed Oy (Finland), Delphinus Medical Technologies, Inc. (US), Micrima Limited (UK), CMR Naviscan Corporation (US), SuperSonic Imagine (France), and Carestream Health (US).