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/EIN News/ -- Sandy, Utah, USA, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Breast Cancer Diagnostics Market Size, Trends, and Insights By Type (Imaging, Genomic Tests, Biopsy, Blood Tests, Others), By Product (Platform-based Products, Next-generation Sequencing, PCR, Microarrays, Others, Instrument-based Products, Biopsy, Imaging), By Application (Screening, Prognostic, Diagnostic and Predictive, Research), By End-use (Diagnostic Centers and Medical Laboratories, Hospitals & Clinics, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” in its research database.
“According to the latest research study, the demand for global Breast Cancer Diagnostics Market size & share was valued at approximately USD 5 Billion in 2021 and is expected to reach USD 5.2 billion in 2022 and is expected to reach a value of around USD 7.5 Billion by 2030, at a compound annual growth rate (CAGR) of about 6% during the forecast period 2022 to 2030.”
Our research report offers a 360-degree view of the Breast Cancer detection market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Breast Cancer Diagnostics market.
Click Here to Access a Free Sample Report of the Global Breast Cancer Diagnostics Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=21656
Breast Cancer Diagnostics Market: Overview
One of the most prevalent cancers in the world and a major factor in the death of women is breast cancer. So, in order to treat breast cancer disorders, early detection is necessary. Due to their modern lifestyles, industrialized nations have a higher prevalence of breast cancer, while undeveloped nations have a higher incidence rate. According to the World Health Organization, 2.3 million women worldwide had a breast cancer diagnosis in 2020, and there were 685,000 breast cancer-related deaths.
Growth Factors
The growth of global breast cancer detection is largely due to the ageing population’s increased exposure to breast cancer risk, early detection, and growing public awareness of breast cancer.
The market expansion is aided by the advent of 3D mammography, also referred to as digital breast tomosynthesis, which is more accurate than 2D mammography. Compared to 2D mammography, this cutting-edge technology can detect 40.0% more tumours while requiring fewer patient recalls. In the anticipated period, the market is predicted to be driven in large part by the quick advancement of technology.
The expansion of the breast cancer Diagnostics market is responsible for the rising number of breast cancer cases in women around the world. Additionally, the market is expanding as a result of rising government initiatives, advantageous reimbursement policies, and growing technological use. Additionally, increasing public awareness has a favourable effect on the market.
(A free sample of the Breast Cancer Diagnostics report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
(Please note that the sample of the Breast Cancer Diagnostics report has been modified to include the COVID-19 impact study prior to delivery.)
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Segmental Overview
The market for Breast Cancer Diagnostics is segmented into type, product, application, and end-use. In 2021, the imaging category, which accounted for the biggest revenue share of around 70%, dominated the market for breast cancer Diagnostics. The market is expected to be driven by factors including the high number of procedures, ease of accessibility, and improved efficacy. Mammography, ultrasound, and MRI are the three imaging techniques used most frequently for screening and diagnosis. In addition, the development of a number of cutting-edge imaging methods for the diagnosis of breast cancer, including breast tomosynthesis, molecular breast imaging (MBI), CT, and PET, are anticipated to transform the field of breast imaging.
The market for breast cancer Diagnostics was dominated by the hospitals and clinics sector in 2021, which also had the biggest revenue share of about 50.2%. The segment’s growth is anticipated to be fueled by rising patient hospitalization rates and the burden of disease. Patients receive a biopsy for confirmation testing in hospitals following the screening test. Additionally, PET, CT, and MRI are employed to monitor disease development and evaluate the efficacy of cancer treatment.
Regional Overview
Due to the rising incidence of breast cancer as well as the adoption of cutting-edge diagnostic methods, the market for breast cancer Diagnostics in the Asia Pacific is anticipated to experience the greatest CAGR over the forecast period. Additionally, it is anticipated that expanding healthcare infrastructure and bettering reimbursement policies will promote market growth.
Key questions answered in this report:
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Key Offerings:
Report Scope
Feature of the Report | Details |
Market Size in 2021 | USD 5 Billion |
Projected Market Size in 2030 | USD 7.5 Billion |
Market Size in 2022 | USD 5.2 Billion |
CAGR Growth Rate | 6% CAGR |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Prominent Players | Hologic Inc., Thermo Fisher Scientific Inc., BD, Genomic Health (Exact Sciences Corporation), Danaher, Koninklijke Philips N.V., QIAGEN, Myriad Genetics, F. Hoffmann-La Roche Ltd., Argon Medical Devices Inc., and Others |
Key Segment | By Type, Product, Application, End-use, and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
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Competitive Landscape
Companies are using strategies that let them use their resources to improve their supply chain and support the creation of new products.
Prominent Players
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Browse the full “Breast Cancer Diagnostics Market Size, Trends, and Insights By Type (Imaging, Genomic Tests, Biopsy, Blood Tests, Others), By Product (Platform-based Products, Next-generation Sequencing, PCR, Microarrays, Others, Instrument-based Products, Biopsy, Imaging), By Application (Screening, Prognostic, Diagnostic and Predictive, Research), By End-use (Diagnostic Centers and Medical Laboratories, Hospitals & Clinics, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” Report at https://www.custommarketinsights.com/report/breast-cancer-diagnostics-market/
The global Breast Cancer Diagnostics market is segmented as follows:
By Type
By Product
By Application
By End-use
Click Here to Access a Free Sample Report of the Global Breast Cancer Diagnostics Market @ https://www.custommarketinsights.com/report/breast-cancer-diagnostics-market/
By Region
North America
Europe
Asia Pacific
The Middle East & Africa
Latin America
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This Breast Cancer Diagnostics Market Research/Analysis Report Contains Answers to the following Questions.
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Reasons to Purchase Breast Cancer Diagnostics Market Report
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