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Breast Imaging Market size was valued at over USD 5 billion in 2022 and is projected to reach more than USD 12 billion by 2032. Breast imaging consist of various medical imaging techniques to visualize and examine the breast tissue for the detection and evaluation of breast abnormalities, including both benign and malignant conditions.
It involves the use of different modalities such as mammography, breast ultrasound, magnetic resonance imaging (MRI), positron emission tomography (PET), and others for the diagnosis and screening of breast-related conditions. Advancements in imaging technology, increasing prevalence of breast cancer, rising awareness about early breast cancer detection and the implementation of breast cancer screening programs by governments and healthcare organizations are few aspects driving the market growth.
The growing prevalence rate of breast cancer worldwide is the primary factor impelling the breast imaging market gains. Breast cancer is one of the most commonly diagnosed cancer globally accounting for around 12.5% of annual cancer cases worldwide, thereby making it the most prevalent cancer worldwide. Women are more prone to suffer from breast cancer as compared to men. As per estimates from the World Health Organization (WHO), about 0.5-1% of men suffer from breast cancer.
Moreover, the report from the 2020 National Cancer Registry Program predicts that by 2025, there will have been more than 230,000 cases of breast cancer among women in India. Thus, the continuously expanding number of breast cancer cases will lead to an increasing demand for early detection of breast cancer worldwide.
Report Attribute | Details |
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Base Year: | 2022 |
Breast Imaging Market Size in 2022: | USD 5.4 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 8.3% |
2032 Value Projection: | USD 11.8 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 418 |
Segments covered: | Technology, End User, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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