The global breast cancer imaging market size was valued USD 3.6 billion in 2020 and is anticipated to register at a robust CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the improved quality of breast images, patient comfort, and reduced patient dose.

Breast cancer imaging system is a diagnostic tool utilized for locating the site of cancer cells. It provides detailed information such as extent of the disease as well as the structural changes. Cancer imaging systems detect the tumor in the body and its associated complications, which helps in the evaluation of the post therapeutic treatment by specialists.

Breast cancer imaging is also used to evaluate the stages. Mammography, ultrasonography, and breast magnetic resonance imaging (MRI) are three types of imaging systems that are used for detection of breast cancer.

Market Trends, Drivers, Restraints, and Opportunities
• Increasing technological advancements in the field of breast imaging and rising investment from different organizations for breast cancer screening campaigns are projected to boost the market growth.
• Patient is exposed to multiple sets of radiations for therapeutic purposes during breast imaging procedures, which can create challenges for the growth of the market.
• Growing awareness about screening programs is speculated to stimulate the market growth.
• Rising adoption of advanced mammography devices with innovative technologies is estimated to drive the market growth in the coming years.
• Extensive adoption of artificial intelligence (AI) and machine learning (ML) to improve patient quality of life, which is expected to push the market growth.

Breast Cancer Imaging Market Segment Insights

Mammography segment to constitute a large market share
Based on types of imaging techniques, the market is divided into mammography, breast ultrasound, breast MRI, image-guided breast biopsy, and others. The mammography segment is expected to represent a major market share during the forecast period. Rising initiatives taken to increase the awareness about the breast cancer is expected to propel the market growth. Mammography is the standard technique used to screen breast cancer in government and private healthcare hospitals. Government state bodies across the globe are taking initiatives to provide treatment for women between the age 50 and 75, spurring the segment growth.

Hospitals segment to expand a substantial CAGR
In terms of end-users, the market is segmented into hospitals, diagnostic centers, and others. The hospitals segment is anticipated to register a substantial CAGR during the forecast period. Increasing healthcare infrastructure development, higher purchasing power, and availability of well-equipped operating & diagnostic rooms, and better health coverage for healthcare services are expected to proliferate the segment growth.

North America to dominate the market
On the basis of regions, the market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to the growing burden of breast cancer coupled with advancement in healthcare infrastructure and rising healthcare expenditure.

Compititive Landscape
Key players competing in the breast cancer imaging market include General Medical Merate S.p.A., Aurora Health Care, CMR Naviscan Corporation, SonoCine, Inc., and Dilon Technologies, Inc.

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