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Breast imaging technologies market Is Expected to Reach $4,502 Million by 2022

Breast Imaging Technologies Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $4,502 million by 2022, registering a CAGR of 8.4% during the period 2016-2022

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Breast imaging technologies market Is Expected to Reach $4,502 Million by 2022

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  1. Breast Imaging Technologies Market

  2. The global breast imaging technologies market size was valued at $2,544 million in 2015 and is expected to reach $4,502 million by 2022, growing at a CAGR of 8.4% during the study period. North America and Europe together accounted for over three-fourths market share in 2015. Ionizing breast imaging technology is expected to maintain its lead throughout the forecast period. Get Sample Report

  3. The market is expected to be driven by the rise in incidence of breast cancer globally, favorable reimbursement policies, and growth in geriatric population base. Moreover, technological advancements, such as 3D mammography, which help in the detection of breast cancer in women with dense breast tissues, boost the market growth. However, high cost of these imaging modalities and stringent regulatory approval processes are set to restrict the market growth.

  4. Ionizing breast imaging technologies market accounted for major share of the global market in 2015, owing to their ability to detect breast cancer in early stages, thus increasing the chances of survival. Moreover, advancements in breast imaging tools facilitate faster interpretation of breast tissue and generate less false positive results as compared to MRI, which further accelerates the market growth. Non-ionizing imaging technologies are projected to grow with the highest CAGR, due to the introduction of better imaging modalities such as automated whole breast ultrasound system (ABUS).

  5. Key findings of the Breast Imaging Technologies Market : • The ionizing breast imaging segment accounted for almost two-thirds of the total market in 2015, while non-ionizing breast imaging technologies is expected to be the fastest growing segment, recording a CAGR of 9.2% during the forecast period. • Full-field digital mammography system accounted for more than three-fourths of the total ionizing breast imaging technologies market in 2015. • 3D breast tomosynthesis segment is expected to grow with the highest CAGR of 9.9%. • Among non-ionizing breast imaging technologies, breast MRI accounted for nearly two-fifths of the total market share in 2015.

  6. The key players profiled in this report include Dilon Technologies, Inc., FUJIFILM Holdings Corporation, Gamma Medica, Inc., General Electric Company, Hologic, Inc., Koning Corporation, Koninklijke Philips N.V., Siemens AG, Sonocin, Inc., and Toshiba Corporation

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