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The global breast imaging market holds a significant share of the medical device industry owing to rising awareness about the early screening of breast cancer. Though digital Mammography is the gold standard in the current breast imaging market, modalities such as breast MRI Scans, breast ultrasound and CTs are expected to drastically improve the breast Imaging Market scenario.
Breast imaging market is driven majorly by rising numbers of breast cancer cases. Technological revolution to reduce the number of false positives is considered as the second major driver for breast imaging market. Safer sand comfortable imaging procedures with better efficacy and outcome also drive the breast imaging market. Emerging economies such as Asia-pacific and Middle-East and Africa are the future drivers of the breast imaging market.
Inadequate reimbursement policies are the major set-back for the breast imaging market. However, this, too, will likely improve as the technology becomes more available across the globe.
The global breast Imaging market is one of the fastest growing multi-billion dollar markets in the healthcare industry with a CAGR of 15.37% reaching about $5 Billion by the year 2017. The industry is being impacted by the huge Government stimulus and continuous development in technology that leads to the introduction of innovative products.
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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