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Breast Imaging Technologies Market Worth $5 Billion by 2017

The global breast imaging market is poised to grow at a CAGR of 15.37% from 2012 reaching approximately $5 billion by 2017.

 
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Dallas, TX -- (SBWIRE) -- 03/06/2014 -- According to a new market research report "Breast Imaging Technologies Market (Digital Mammography, 3D Breast Tomosynthesis, Breast MRI, Breast Ultrasound, Molecular Breast Imaging, Optical Imaging, PET/CT/PEM Modalities) - Technology and Market Analysis & Global Forecasts to 2017" , is an attempt to showcase the market impact of current and emerging breast imaging technologies having excellent growth potential in the coming five years.

The global breast imaging market is poised to grow at a CAGR of 15.37% from the year 2012 reaching approximately $5 billion by 2017.

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The technologies profiled in the report are segmented into Ionizing breast imaging modalities and Non-Ionizing breast imaging technologies on basis of radiation. Ionizing breast imaging modalities include Mammography, 3D Breast Tomosynthesis, Cone beam Computed Tomography (CBCT), Positron Emission Mammography (PEM), Molecular Breast Imaging (MBI), Positron Emission Tomography (PET) and Breast Specific Gamma Imaging (BSGI). The various Non-ionizing modalities for breast screening covered in the report are Breast MRI, Optical Imaging, Breast thermography and Breast Ultrasound.

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Breast cancer is the second leading cause of cancer-related death in women (after lung cancer). Breast cancer strikes women of all ages, races, ethnicities, socioeconomic strata and geographical locales. Initial diagnosis and staging are essential in determining the choice of therapy, as well as a patient’s prognosis and chances of survival. Therefore, breast imaging procedures has a significant role in the diagnosis and treatment of breast cancer.

Mammography is the touchstone technology and is widely accepted for breast cancer screening followed by breast MRI. Digital mammography comprises more than 45 percent of the entire breast imaging market. However, owing to its poor sensitivity, high false positives, alternative technologies such as MRI, 3D breast tomosynthesis, ultrasound and nuclear imaging are attaining significance for the diagnosis of breast cancer. However, physicians and healthcare providers are still reluctant to use breast MRI, primarily due to its high investment costs. However,new inroads are being designed providing a hope that, an inexpensive means of performing breast MRI may be imminent. These provide a glimpse into the enormous potential yet offered by this elegant technology.

The key players profiled in the report are Hologic Inc., Aurora Imaging Technology, Imaging Diagnostic Systems Inc., Naviscan PET Systems Inc., GE Healthcare, Siemens Healthcare, Koning Corporation, Philips Research, U-Systems Inc., Toshiba America Medical Systems Inc., Dune Medical Technologies, Dilon Diagnostics, Planmeca GmbH, Gamma Medica Inc and AGFA Healthcare.

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