Global Breast Cancer Diagnostics Market Trends And Strategies Of Major Players In The Breast Cancer Diagnostics Market 2020
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The global breast cancer diagnostics market is expected to decline from $4.88 billion in 2019 to $4.62 billion in 2020 at a compound annual growth rate (CAGR) of -5.38%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, especially postponement of non-emergency procedures. The market is then expected to recover and reach $6.32 billion in 2023 at a CAGR of 10.99%. The increasing incidence of breast cancer will require more equipment to diagnose, which will further increase the demand for breast cancer diagnostics market.
The breast cancer diagnostics market consists of sales of breast cancer diagnostic devices and related services by entities (organizations, sole traders and partnerships) that produce breast cancer diagnostics devices. These devices are used to diagnose breast cancer. Only goods and services traded between entities or sold to end consumers are included.
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The Global Breast Cancer Diagnostics Market is further segmented based on type, technology, cancer type, diagnostic type, end-users and geography.
By Type: Imaging, Biopsy, Genomic Tests, Blood Tests, Others.
By Technology: Fluorescent in Situ Hybridization (FISH), Comparative Genomic Hybridization (CGH), Immunohistochemical (IHC), Other Technologies.
By Cancer Type: BRCA Breast Cancer, ER & PR Breast Cancer, HER 2 Breast Cancer, EGFR Mutation Test Breast Cancer, Others.
By Diagnostic Type: Ionizing Breast Imaging Technologies, Non-ionizing Imaging Technologies
By End Users: Hospitals and Clinics, Cancer Research Centers, Diagnostic Laboratories, Ambulatory Surgical Centers.
By Geography: The global breast cancer diagnostics market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North American breast cancer diagnostics was the largest region in the global breast cancer diagnostics market 2019.
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Trends In The Breast Cancer Diagnostics Market
The technological advancement is a key trend in the breast cancer diagnostics market. Several new techniques have been developed which could be used in the diagnosis and treatment of breast cancer. The 3D mammography, also known as breast tomosynthesis, takes photographs around the breast from various angles and translates them into a 3-D model.
Breast Cancer Diagnostics Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides breast cancer diagnostics market overviews, analyzes and forecasts market size and growth for the global breast cancer diagnostics market, breast cancer diagnostics market share, breast cancer diagnostics market players, breast cancer diagnostics market segments and geographies, breast cancer diagnostics market’s leading competitors’ revenues, profiles and market shares. The breast cancer diagnostics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.