Global Breast imaging Market Research and Forecast 2018-2023


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Anurag Tiwari
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"Government initiatives and programs to raise awareness among people is augmenting the growth of breast imaging market."

According to the OMR analysis, the global breast imaging market is expected to grow at a significant rate during 2018-2023. The global breast imaging market has witnessed a significant growth due to increasing incidence of breast cancer. In addition, increasing government initiatives raise awareness regarding breast cancer among people contribute for the market growth. The global breast imaging market is segmented on the basis of ionizing breast imaging technology, non-ionizing breast imaging technology and geography. The report provides detailed and insightful chapters on market overview, key findings, strategic recommendations, market estimations, patent analysis, market determinants, key company analysis, market insights, company profiling, market segmentation, geographical analysis and analyst insights.

"Increasing prevalence of breast cancer among women as well as men is considered to be one of the major factors for the growth of breast imaging market. With this increasing prevalence, the demand for breast imaging, specifically from the Asian countries increases. The factors that will be favorable for the growth of the market in this region includes increasing government expenditures on healthcare in the region, and the presence of huge population suffering with cancer. The average annual increase in government healthcare spending in the US is 4.5% and less than 1.5% in the European Union. However, Asian countries increase in healthcare expenditure is more than 6%, which is higher than the developed nations. Japan has the highest increase in the healthcare. Annual healthcare expenditure in India and China has raised about 16% and 9%, respectively. However, according to the WHO, the overall healthcare spending per capita remains low in India and China as compared to other Asian countries. Increase in healthcare spending in Asia is mostly due to rise in cancer cases including improve in early and diagnosis services, reducing out-of-pocket treatment costs and availability of newer therapies."

The global breast imaging market on the basis of geography is divided into - North America, APAC, Europe, and Rest of the world. North America is expected to hold the dominant position globally. The availability of developed technology and healthcare infrastructure in the North American region is contributing for the market growth in this region. In addition, growing prevalence of chronic diseases is another major factor for the growth of breast imaging market in North America. Asia Pacific market is expected to grow with the highest CAGR during the forecast period of 2018-2023. The market in Asia Pacific is driven by increasing prevalence of breast cancer coupled with changing lifestyle.

The report covers:
Comprehensive research methodology of global breast imaging
This report also includes detailed and extensive market overview with key analyst insights.
Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global breast imaging market.
Insights about market determinants which are stimulating the global breast imaging market.
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

About Orion Market Research

Orion Market Research (OMR) a research company known for its crisp and concise reports. The company is equipped with an experienced team and young brigade of analysts. The company aims to provide business insights for decision making to the global clients and offers quality syndicated research reports, customized research reports, Company profiling, consulting and other research-based services. OMR provide global and regional market reports of various domains such as healthcare, energy, IT, chemicals, and automobiles. OMR provide a 360-degree view of the market with parametric analysis, key market insights, key findings, statistical forecasts, competitive landscape, extensive segmentation, key trends, strategic recommendations and detailed company profiles.
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medical devices, breast cancer, healthcare


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