Breast Imaging Market, By Technology (Ionizing Breast Imaging, Non-ionizing Breast Imaging, and Others), By End User (Hospitals, Diagnostic Centers, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : May 2024

Code : CMI2040

Pages :202

Formats :

Excel and PDF

Industry : Medical Imaging

Market Challenges – Stringent Regulations for Breast Imaging Devices

Stringent regulations for breast imaging devices by regulatory authorities are posing a challenge for the growth of global breast imaging market. Various regions and countries have implemented strict guidelines and quality standards to ensure patient safety while using medical imaging equipment for breast screening and diagnosis. Complying with these regulations involve lengthy product approval process, high certification costs, and adhering to quality control protocols during manufacturing.

Market Opportunities – Increasing Government Initiatives

Increasing adoption of inorganic growth strategies, such as government initiatives, is expected to drive growth of the global breast imaging market. For instance, in March 2021, the World Health Organization (WHO), in collaboration with the International Agency for Research on Cancer (IARC) and the International Atomic Energy Agency (IAEA), launched the Global Breast Cancer Initiative. The Global Breast Cancer Initiative will focus on efforts on the potential of multi-sectoral partnerships, programmes that promote sustainable capacity-building, and innovation and monitoring systems that use data for decision-making.