Breast Imaging Workstation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029

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Breast Imaging Workstation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029

Status : May, 2021 | Medical Devices

Report Digest

Breast cancer is the second most common cancer after skin cancer, diagnosed in women in the United States. Globally, over 2 million new breast cancer cases were found in 2018. Breast imaging workstation is a medical instrument used to perform breast cancer diagnosis test known as mammography. According to American Cancer Society, in the U. S. alone around 33 million screening mammography test are performed every year. The leading industry players are focusing on Artificial Intelligence (AI) and Machine Learning based 3D platforms. Need of early diagnosis and technological advancements now a days are propelling the breast imaging workstation market.

Breast Imaging Workstation Market: Drivers and Restraints

The increasing prevalence of breast cancer is expected to increase the growth of breast imaging workstation market. High research and development funding activities are fueling the development of advanced technologies in breast imaging workstation market. In emerging geographies huge population base and improvements in healthcare infrastructure is expected to grow the breast imaging workstation market. Lack of well-established standard framework and high cost is the biggest challenge of breast imaging workstation market.

Breast Imaging Workstation Market: Segmentation

 The global breast imaging workstation market is classified on the basis of product type, technology, application, and end user.

Based on product type, breast imaging workstation market is segmented into the following:

  • Stand-alone  System
  • Multimodal System

Based on technology, breast imaging workstation market is segmented into the following:

  • 2D X-Ray Imaging
  • Tomosynthesis (3D) X-Ray Imaging
  • Ultrasound Imaging
  • Magnetic Resonance Imaging (MRI)
  • Molecular Breast Imaging (MBI)

Based on application, breast imaging workstation market is segmented into the following:

  • Breast Cancer Screening
  • Treatment Monitoring
  • Clinical Research

Based on end user, breast imaging workstation market is segmented into the following:

  • Hospitals
  • Breast Cancer Centers
  • Diagnostic Laboratories
  • Academia and Research Laboratories

Breast Imaging Workstation Market: Overview

The breast imaging workstation market has been segmented on the basis of product type, technology, application and end user. Based on the product type, the multimodal system segment is expected to hold majority of breast imaging workstation market share due to advancement in digital imaging technologies. Based on technology, X-ray imaging techniques is expected to contribute higher marker sales revenue in the breast imaging workstation market. Based on application, breast cancer screening is the dominant segment. Recently, in the end of 2019, Candelis, Inc. launched advanced multimodal 2D and 3D breast imaging workstation. Among all end user, the hospital segment is expected to dominate the revenue share due to the highest number of patient footfall in hospital for breast cancer screening.

Breast Imaging Workstation Market: Regional Overview

North America is the most lucrative market for breast imaging workstation due to technology advancements in the U.S. and Canada.  After North America, next breast imaging workstation market is Europe and East Asia due to rising prevalence. In the South Asia region, India is the major market for breast imaging workstation due to improving   healthcare infrastructure. The MEA and Latin America are expected to show relatively low adoption owing to lack of availability of skilled radiologists. China, India and Brazil are expected to be the top three emerging countries for breast imaging workstation market over the forecast period.

Breast Imaging Workstation Market: Key Players

Examples of some of the market participants in breast imaging workstation market identified across the value chain include Candelis, Inc., Hologic, Inc., Siemens AG, General Electric, Planmed and Giotto, Fujifilm Holdings and Hitachi, Ltd., Intelerad Medical Systems, Carestream Health, American McKesson Corporation, INFINITT Healthcare and  others.

The research report on breast imaging workstation market presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report on breast imaging workstation market provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on Breast Imaging Workstation market:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

The report on breast imaging workstation market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report on Breast Imaging Workstation market highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?