Breast Imaging Market will Witness Significant Growth in Healthcare Sector in 2020
Market growth is largely driven by factors such as technological advancements, the rising prevalence of breast cancer, the increasing number of screening programs as well as rising number of conferences and symposiums focusing on spreading awareness about the benefits of early screening and diagnosis. The emerging markets, growing government and private investments to meet the increasing demand for breast cancer screening, and the improving reimbursement scenario are expected to present a wide range of growth opportunities for market players. The breast imaging market is projected to grow from an estimated USD 3.1 billion in 2018 to USD 4.6 billion by 2023, at a CAGR of 8.0% during the forecast period. The breast imaging market is primarily driven by the rising prevalence of breast cancer. This, in turn, is attributed to the growth in the geriatric population (as age contributes to the risk of breast cancer) and changing lifestyles, which have increased the overall poss...