The global breast imaging market will surge from $2.6 billion in revenues in 2015 to reach $7.3 billion by 2024, according to a new report by market research firm Grand View Research.
Spurring the growth will be increasing incidences of breast cancer in an aging population, technology improvements, and innovations in research and development, the company said.
Digital breast tomosynthesis will be the fastest-growing segment, according to Grand View Research. On a regional basis, North America's breast imaging market will dominate over the forecast period, with a 30% revenue share by 2024. However, the Asia-Pacific market will grow the most, producing a growth rate of 12%.
