Albany, NY -- (SBWIRE) -- 03/03/2015 -- According to a recently released research study by Transparency Market Research (TMR), the global breast imaging market is estimated to grow at a CAGR of 12% between the years 2013 and 2019. TMR, a U.S.-based market intelligence firm, states in its research study that the global breast imaging market, which had a market value worth US$1.84 billion in 2012, is anticipated to reach a market value worth US$4.06 billion in 2019. The report, titled 'Breast Imaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019', is available for sale on the company website.

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This market research report states that the global breast imaging market is driven by the rising prevalence of breast cancer all across the globe. This is a major trend being observed these days as the incidence of this fatal disease is on the rise. As per observations, it has been inferred that women above the age of 40 years and also those undergoing hormone replacement therapy (HRT) are the most prone to developing breast cancer. Therefore, one of the main factors that increase the risk of breast cancer is aging. Ongoing trends conclude that developed countries, where the geriatric population is the largest, exhibit higher morbidity rate of breast cancer when compared to developing/underdeveloped countries that are have limited access to financial resources.

According to the TMR report, the global breast imaging market is segmented on the basis of technology and geography. On the basis of technology, the breast imaging market has been categorized into mammography, breast ultrasound, breast MRI, nuclear imaging, tomosynthesis, and others. Breast thermography and bioelectric imaging are the other classifications within the technology segment of the global breast imaging market. While mammography is used for developing two-dimensional images of breast tissues via low-intensity X-rays, breast MRI involves the use of magnetic waves for capturing the images of breast tissues. Ultrasound, on the other hand, uses sound waves with a frequency higher than the audible range in human beings. It is expected that technologies like nuclear imaging and tomosynthesis will witness robust growth in the near future. The tomosynthesis market is likely to grow at a CAGR of 18.1% in the years to come.

Browse the full Breast Imaging Market (Mammography, Breast MRI, Breast Ultrasound, Tomosynthesis, Nuclear Imaging and Others Breast Thermography & Bioelectric Imaging) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019 report at http://www.transparencymarketresearch.com/breast-imaging-technologies.html

Geographically, this market research report has classified the global breast imaging market into the categories of Asia Pacific, North America, Europe, and Rest of the World. With a market share of 32.6%, the global breast imaging market was led by North America in 2012. Even today, the market for breast imaging is dominated by North America owing to a well developed healthcare infrastructure, widespread execution of guidelines by regulatory bodies, and a highly organized regulatory structure. The Asia Pacific breast imaging market is anticipated to report a high rate of growth owing to better healthcare infrastructure, and an expanding medical tourism market.

Prominent companies mentioned in this report include SonoCine Inc., Siemens Healthcare Corporation, Philips Healthcare, GE Healthcare Ltd., FUJIFILM SonoSite, Inc., and Aurora Imaging Technologies, Inc.

About Transparency Market Research
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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