Grand View Research

World Breast Imaging Equipment Market Is Expected to Grow at a CAGR of 12.2 % from 2014 to 2020: Grand View Research, Inc

GrandViewResearch.com has announced the addition of " Global Breast Imaging Equipment Market Analysis And Segment Forecasts To 2020" Market Research report to their Database

 
Repost This

San Francisco, CA -- (SBWIRE) -- 07/08/2014 -- The global market for breast imaging equipment is expected to reach USD 4,638.1 million by 2020, growing at an estimated CAGR of 12.2 % from 2014 to 2020, according to a new study by Grand View Research, Inc. Growing global female geriatric population base, implementation of programs by government and healthcare organizations in order to provide early diagnosis and growing patient awareness levels coupled with sophisticated healthcare infrastructure are expected to drive the market growth during the forecast period. In addition, introduction of various healthcare reforms, government support and funding is expected to boost the demand for breast imaging equipment.

Mammography dominated the overall product market in terms of revenue in 2013 and was valued at USD 1,057.7 million. Its large share is accounted for by factors such as relatively low radiation exposure and technological advancement in the product segment such as digital and portable mammography equipment. Introduction of digital mammography has led to reduction in examination time, easy transfer of information to remote locations and reduction of storage space requirements coupled with the benefit of using various tools to manipulate images. Breast MRI accounted for the second largest revenue share in 2013, owing to the fact that MRI provides information about breast tissue density, providing which has been made mandatory by National Institute of Health.

The report “Breast Imaging Equipment Market By Product (Tomosynthesis, Breast Ultrasound, Breast MRI, Mammography, Nuclear Imaging, Bioelectric Imaging, Breast Thermography) Analysis And Segment Forecasts To 2020,” is available now to Grand View Research customers at http://www.grandviewresearch.com/industry-analysis/breast-imaging-equipment-market

Request Free Sample of this Report @ http://www.grandviewresearch.com/industry-analysis/breast-imaging-equipment-market/request

Further key findings from the study suggest
- North America was the largest regional market in 2013, accounting for over 32.5% of global revenue due to the presence of high patient awareness levels, high healthcare expenditure and sophisticated healthcare infrastructure

- Asia Pacific expected to grow at the fastest CAGR of above 14% from 2014 to 2020. Increasing radiology equipment digitalization owing to rising healthcare IT systems penetration rates, introduction of 12th five year plan in China with various healthcare reforms and increasing population leading to prevalence of breast cancer patients coupled with increasing awareness programs and high patient awareness levels are some of the factors accounting for its rapid growth

- Key industry participants of this market include Siemens Healthcare Corp., Philips Healthcare, SonoCine Inc., Hologic Inc., Fujifilm SonoSite Inc., GE Healthcare Ltd and others

Browse All Reports of This Category @ http://www.grandviewresearch.com/industry/medical-imaging

For the purpose of this study, Grand View Research has segmented the breast imaging equipment market on the basis of product and region

Breast Imaging Equipment Product Outlook
- Mammography
- Breast Ultrasound
- Breast MRI
- Tomosynthesis
- Nuclear Imaging

Other Breast imaging methods
- Bioelectric Imaging
- Breast Thermography

Breast Imaging Equipment Regional Outlook
- North America
- Europe
- Asia Pacific

About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/

Latest Reports
Nurse Call System Equipments Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020 - http://www.grandviewresearch.com/industry-analysis/nurse-call-system-equipments-industry

Home Healthcare Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020 - http://www.grandviewresearch.com/industry-analysis/home-healthcare-industry

Contact
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone 415-349-0058
Email sales@grandviewresearch.com