Global Breast Imaging Technologies Market to Exhibit 12% CAGR during 2013-2019 due to Improved Technologies with Reduced Radiation Exposure According to a recent market research report published by Transparency Market Research, the global breast imaging technologies market is estimated to expand robustly at a CAGR of 12.0% during the period between 2013 and 2019. The report, titled “Breast Imaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,� projects the global breast imaging technologies market to be worth US$4.06 bn by 2019. The overall market stood at a valuation of US$1.84 bn in 2012. Breast cancer is one of the topmost developing cancer types in women across the world. As the incidence of breast cancer keep aggravating, there is an urgent concern amongst both medical practitioners and patients to innovate devices and technologies that can detect it before it proves to be fatal. According to the WHO, increasing urbanization and poor lifestyle choices are the main reasons for the growing number of breast cancer cases across the world. Though there are a few preventive measures, early detection is the best possible way to increase the survival chances of the patient and enable the patient to live a near-normal life again.
Breast cancer refers to a malignant tumor that starts in the cells of breast. The malignant tumor starts invading surrounding tissues or spreads to distant areas of body. While breast cancer is common among women, men can also get affected. When diagnosed early, the survival chances of patients are high. The treatment methods such as chemotherapy, radiation, and surgery to be administered depend on the stage of cancer. The global breast imaging market is developing at a rapid pace on account of high incidence of breast cancer across the globe. Women over 40 years of age are more susceptible to breast cancer, therefore, the rise in the geriatric population base is expected to fuel the growth of the breast imaging market significantly in the coming years. The research report provides a comparative analysis of the global breast imaging market, including qualitative as well as quantitative evaluation of each segment of this market. The study also assesses the market dynamics and prevalent trends such as the growth drivers, limitations, and prospects influencing the current performance and the future status of this industry.