New Empirical Research Report on Breast Cancer Diagnostics Market by Forecast to 2021 to 2028 with Covid-19 Impact Analysis and Future Business Opportunities | Top Players Hologic Inc., Danaher Corporation, Qiangen N.V., Koninklijke Philips N.V.
The Breast Cancer Diagnostics Market 2021 report is comprised of a comprehensive study of the Breast Cancer Diagnostics market and deep insight into various dynamics of the market. It offers detailed information on market size, influential trends, supply-demand analysis, value and volume, and growth rate. The report details regional and sub-regional insights, highlighting their corresponding taxonomy and various factors affecting the market growth. The primary focus of the report of educating marketers about the market dynamics, latest product launches, technological advancement, competitive landscape, and external factors affecting the evolution of the market. The report includes a pictorial representation of different statistical analyses. The market is categorized into various segments depending upon various sections. The Breast Cancer Diagnostics market report also discusses current trends and what a business owner should do, in order to obtain adequate profit during the forecast period 2021-2028. The report will equip business owners with market intelligence to undertake profitable decisions in the near future.
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Overview of the Breast Cancer Diagnostics Market:
It is estimated that in the United States, in 2021, an estimated 281,550 new cases of invasive breast cancer are expected to be diagnosed in women, along with 49,290 new cases of non-invasive (in situ) breast cancer. This makes it the most common cancer among women. Breast cancer is often first noticed during a mammogram. Other causes of this type of abnormal cell are the accumulation of fluid in the breast ducts, the spread of cancer cells into the lymph nodes, or the presence of a tumor that is pressing against the breast duct. Although some cancers may not produce any symptoms, most cases of breast cancer will involve some indication of a change in the shape or size of the breast, bleeding or discomfort in the area of the breast, or pain or sensitivity in the area of the breast.
Increasing adoption of AI-based diagnostics is expected to propel the growth of the global breast cancer diagnostics market over the forecast period. For instance, in July 2019, SimonMed Imaging, an outpatient medical imaging provider, implemented ProFound AI for digital breast tomosynthesis (DBT), the first FDA-cleared AI program for early breast cancer detection developed by iCAD, Inc.
Development and approval of AI-based diagnostics are expected to offer lucrative growth opportunities for players in the global breast cancer diagnostics market. For instance, in March 2020, ScreenPoint Medical received the US Food and Drug Administration’s approval for Transpara 1.6.0, the first breast AI solution for both 2D and 3D mammography in the U.S. Moreover, increasing adoption of WATS3D biopsy is also expected to aid in the growth of the market. For instance, in April 2020, CDx Diagnostics, Inc. announced that the company is contracted with Blue Cross Blue Shield (BCBS) of Massachusetts for WATS3D Biopsy (Wide Area Transepithelial Sampling with 3D Tissue Analysis).
- Increasing prevalence of breast cancer is expected to propel the growth of the global breast cancer diagnostics market over the forecast period. For instance, according to the American Cancer Society, in 2020, around 276,480 new cases of invasive breast cancer will be diagnosed in women and the disease will lead to around 42,170 deaths, in the U.S.
- Major players operating in the global breast cancer diagnostics market are focused on adopting partnership strategies for R&D purposes. For instance, in September 2021, Genetic Technologies partnered with Washington University’s Institute for Public Health on a study designed to expand the predictive capability of the company’s GeneType breast cancer risk assessment test for women of African descent.
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Breast Cancer Diagnostics Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
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Market Competition Assessment:
The Breast Cancer Diagnostics Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Hologic Inc.
- Danaher Corporation
- QIANGEN N.V.
- Koninklijke Philips N.V.
- F. Hoffmann-La Roche Limited
- Argon Medical Devices Inc.
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Breast Cancer Diagnostics Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Blood Tests
- Genomic Tests
By Applications, the market is segmented into:
Geographic Segment Covered in the Report:
The Breast Cancer Diagnostics Market report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
- North America (The USA and Canada)
- Europe (UK, Germany, France, and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- The Middle East and Africa (GCC and rest of the Middle East and Africa)
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
 Who are the global players of Breast Cancer Diagnostics, what are their market share, price, volume, competitive landscape, SWOT analysis, and future growth plans?
 What are the key drivers, growth/restraining factors, and challenges of Breast Cancer Diagnostics?
 How is the Breast Cancer Diagnostics industry expected to grow in the projected period?
 How has COVID-19 affected the Breast Cancer Diagnostics industry and is there any change in the regulatory policy framework?
 What are the key areas of applications and product types of the Breast Cancer Diagnostics industry that can expect huge demand during the forecast period?
 What are the key offerings and new strategies adopted by Breast Cancer Diagnostics market players?
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Thinking One Step Ahead:
In today’s competitive world you need to think one step ahead to pursue your competitors, our research offers reviews about key players, major collaborations, unions & acquisitions along with trending innovation and business policies to present a better understanding to drive the business in the correct direction.
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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