Industry Outlook
The breast imaging market is set to reach US$ 4,945.3 Mn by 2026 from US$ 2,334.2 Mn in 2017 projecting steady growth at a compounded annual growth rate (CAGR) of 8.7% during the forecast period from 2018 to 2026. World Health Organization (WHO) 2013 report states that breast cancer is the top cancer in women worldwide and growing at a rapid pace in the developing countries. The incidence rate of breast cancer is 138 per 100,000 people. The major limitations encountered while using mammography is occurrence of overdiagnosis, false positives & negative analysis and pain endured by patients during diagnosis. Breast imaging device manufacturing companies are striving zealously to address these shortcomings and provide more effective and accurate screening of breast anomalities.
In developing regions such as Asia Pacific and Middle East and Africa the government healthcare agencies are taking initiatives to promote breast cancer awareness. Medical campaigning and workshops are being conducted by non-governmental organizations (NGO’s) to fortify women health and welfare. In the developed nations such as North America and Europe factors such as implementation of effective guidelines for screening of breast cancer, and corporate social responsibility activities conducted by major players to educate women regarding breast cancer drive the breast imaging market.
Market Synopsis
Rising prevalence of breast cancer and increasing public health awareness to drive mammography market
The statistics presented by World Cancer Research Fund International (WCRFI), breast cancer is the fifth most common cause of mortality in women. Mammography is the largest segment in the technology segment and continues to be popular on account of key parameters such as rising prevalence of breast cancer and its ability to accurately detect microcalcification anomaly in the mammary glands. It is still considered as the preliminary diagnostic method for screening of breast cancer. Tomosynthesis is an advanced version of mammography which obtains a 3 dimensional scan for better prognosis of breast cancer. Breast ultrasound technology is set to register remarkable growth during the forecast period owing to factors such as safety in pregnant women and women with breast implant as there is no risk of radiation exposure.
Rising number of women population availing hormone replacement therapy in North America are at potential risk to develop breast cancer
North America dominates the breast imaging regional market with 39% market share. As per the latest research citing of Breast Cancer Organization, approximately 2,550 new cases of breast cancer are expected to be diagnosed in the United States. Rising prevalence of breast cancer and existence of well-developed healthcare infrastructure to drive the breast imaging market growth in North America. According to the European Breast Cancer Coalition studies, 1 in 8 women in the European Union region will develop breast cancer before the age of 85. Domicile of market leaders such as Siemens Healthcare GmbH and Philips Healthcare have a positive impact on the breast imaging market growth in Europe. Asia Pacific will project steady growth during the forecast period on account of key factors such as rising incidence of breast cancer in women above 40 years of age and increasing disease awareness results in early diagnosis. Latin America and Middle East & Africa serve as a lucrative market to the breast imaging device manufactures due to supportive regulatory environment and proactive government initiatives to curb breast cancer.
Historical & Forecast Period
2016 – Historical Year
2017 – Base Year
2018-2026 – Forecast Period
This research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segments are calculated for the forecast period from 2018 to 2026.
Report Scope by Segments
Market estimation and compounded annual growth rate for the report is determined on the basis of qualitative and quantitative market analysis. The breast imaging market is segmented as technology and regional segment.
By Technology Type (2016–2026; US$ Mn)
Geography Segment (2016–2026; US$ Mn)
Market assessment tools such as qualitative and quantitative analysis are performed to predict the existing business trend prevalent in breast imaging market. Organic and inorganic market growth strategies are studies to track the latest merger and acquisitions taking place among the major players in breast imaging market. Financial information and strategic decisions of manufacturers are mentioned in the company profiles section to evaluate its impact on the breast imaging market growth. Availability of different breast imaging devices are enlisted in the product portfolio section. The key players that influence the breast imaging market growth are Aurora Imaging Technology, Inc., Dilon Technologies, Inc., Fujifilm Holding Corporation, GE Healthcare, Gamma Medica, Inc., Hologic, Inc., Philips Healthcare, Sonocine, Inc., Toshiba Corporation and Siemens Healthcare GmbH.
Key questions answered in this report
Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Approach Adopted
1.3.4. Top-down Approach
1.3.5. Bottom-up Approach
1.3.6. Phase III-Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation
Chapter 2. Executive Summary
2.1. Global Breast Imaging Market Portraiture
2.2. Global Breast Imaging Market, by Technology Type, 2017 (US$ Mn)
2.3. Global Breast Imaging Market, by Geography, 2017 (US$ Mn)
Chapter 3. Breast Imaging Market: Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global Breast Imaging Market, by Key Players, 2017
Chapter 4. Global Breast Imaging Market, by Technology Type
4.1. Overview
4.2. Mammography
4.3. Breast Ultrasound
4.4. Breast MRI
4.5. Tomosynthesis
4.6. Nuclear Imaging
4.7. Others
Chapter 5. Global Breast Imaging Market, by Geography
5.1. Overview
5.2. North America Breast Imaging Market Analysis, 2016 – 2026
5.2.1. North America Breast Imaging Market, by Technology Type, 2016 – 2026 (US$ Mn)
5.2.2. North America Breast Imaging Market, by Country, 2016 – 2026 (US$ Mn)
5.2.2.1. U.S.
5.2.2.2. Canada
5.3. Europe Breast Imaging Market Analysis, 2016 – 2026
5.3.1. Europe Breast Imaging Market, by Technology Type, 2016 – 2026 (US$ Mn)
5.3.2. Europe Breast Imaging Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.3.2.1. U.K.
5.3.2.2. Germany
5.3.2.3. Rest of Europe
5.4. Asia Pacific Breast Imaging Market Analysis, 2016 – 2026
5.4.1. Asia Pacific Breast Imaging Market, by Technology Type, 2016 – 2026 (US$ Mn)
5.4.2. Asia Pacific Breast Imaging Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.4.2.1. China
5.4.2.2. Japan
5.4.2.3. Rest of Asia Pacific
5.5. Latin America Breast Imaging Market Analysis, 2016 – 2026
5.5.1. Latin America Breast Imaging Market, by Technology Type, 2016 – 2026 (US$ Mn)
5.5.2. Latin America Breast Imaging Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.5.2.1. Brazil
5.5.2.2. Mexico
5.5.2.3. Rest of Latin America
5.6. Middle East & Africa Breast Imaging Market Analysis, 2016 – 2026
5.6.1. MEA Breast Imaging Market, by Technology Type, 2016 – 2026 (US$ Mn)
5.6.2. MEA Breast Imaging Market, by Region, 2016 – 2026 (US$ Mn)
5.6.2.1. GCC
5.6.2.2. Rest of MEA
Chapter 6. Company Profiles
6.1. Aurora Imaging Technology, Inc.
6.1.1. Business Description
6.1.2. Financial Information (Subject to data availability)
6.1.3. Product Portfolio
6.1.4. News Coverage
6.2. Dilon Technologies, Inc.
6.3. Fujifilm Holding Corporation
6.4. GE Healthcare
6.5. Gamma Medica, Inc.
6.6. Hologic, Inc.
6.7. Philips Healthcare
6.8. Sonocine, Inc.
6.9. Toshiba Corporation
6.10. Siemens Healthcare GmbH
FIG. 1 Breast Imaging Market: Research Methodology
FIG. 2 Breast Imaging: Market Segmentation
FIG. 3 Global Breast Imaging Market, by Technology Type, 2017 (US$ Mn)
FIG. 4 Global Breast Imaging Market, by Geography, 2017 (US$ Mn)
FIG. 5 Attractive Investment Proposition: by Geography, 2017
FIG. 6 Competitive Analysis: Global Breast Imaging Market, by Key Players, 2017
FIG. 7 Global Mammography Breast Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 8 Global Breast Ultrasound Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 9 Global Breast MRI Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 10 Global Tomosynthesis Breast Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 11 Global Nuclear Breast Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 12 Global Other Breast Imaging Technology Market, 2016 – 2026 (US$ Mn)
FIG. 13 U.S. Breast Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 14 Canada Breast Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 15 U.K. Breast Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 16 Germany Breast Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 17 Rest of Europe Breast Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 18 China Breast Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 19 Japan Breast Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 20 Rest of Asia Pacific Breast Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 21 Brazil Breast Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 22 Mexico Breast Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 23 Rest of Latin America Breast Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 24 GCC Breast Imaging Market, 2016 – 2026 (US$ Mn)
FIG. 25 Rest of Middle East and Africa Breast Imaging Market, 2016 – 2026 (US$ Mn)
TABLE 1 Global Breast Imaging Market Portraiture
TABLE 2 Global Breast Imaging Market, by Technology Type, 2016 – 2026 (US$ Mn)
TABLE 3 Global Breast Imaging Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 4 North America Breast Imaging Market, by Technology Type, 2016 – 2026 (US$ Mn)
TABLE 5 North America Breast Imaging Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 6 Europe Breast Imaging Market, by Technology Type, 2016 – 2026 (US$ Mn)
TABLE 7 Europe Breast Imaging Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 8 Asia Pacific Breast Imaging Market, by Technology Type, 2016 – 2026 (US$ Mn)
TABLE 9 Asia Pacific Breast Imaging Market, by Country/Region, 2015 – 2025 (US$ Mn)
TABLE 10 Latin America Breast Imaging Market, by Technology Type, 2016 – 2026 (US$ Mn)
TABLE 11 Latin America Breast Imaging Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 12 Middle East and Africa Breast Imaging Market, by Technology Type, 2016 – 2026 (US$ Mn)
TABLE 13 Middle East and Africa Breast Imaging Market, by Region, 2016 – 2026 (US$ Mn)
TABLE 14 Aurora Imaging Technology, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 15 Dilon Technologies, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 16 Fujifilm Holding Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 17 GE Healthcare: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 18 Gamma Medica, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 19 Hologic, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 20 Philips Healthcare: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 21 Sonocine, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 22 Toshiba Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 Siemens Healthcare GmbH: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
