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Global Breast Cancer Diagnostics Market Size, Trends, and Growth Opportunity, By Test Type (Imaging, Biopsy, Genomic Test, Blood Test, and Others), By Type (Ductal In Situ Carcinoma, Invasive Ductal Carcinoma, Inflammatory Breast Cancer, and Metastatic Breast Cancer), By End User (Hospitals, Clinics, Research and Academic Institutes, Diagnostic Centers, and Others) Distribution Channel (Direct Tender, Retail Sales, and Others), By Region and Forecast to 2030.


Report ID : IR1002330 | Industries : Healthcare | Published On :July 2024 | Page Count : 222

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  • Global Breast Cancer Diagnostics Market Size, Trends, and Growth Opportunity, By Test Type (Imaging, Biopsy, Genomic Test, Blood Test, and Others), By Type (Ductal In Situ Carcinoma, Invasive Ductal Carcinoma, Inflammatory Breast Cancer, and Metastatic Breast Cancer), By End User (Hospitals, Clinics, Research and Academic Institutes, Diagnostic Centers, and Others) Distribution Channel (Direct Tender, Retail Sales, and Others), By Region and Forecast to 2030.

    Global Breast Cancer Diagnostics Market

    The Global Breast Cancer Diagnostics Market was valued at USD 5.2 billion in 2022 and is expected to reach USD 7.5 billion by 2030, at a CAGR 3.04% during the forecast period 2023- 2030.

    The most prevalent disease in the population is breast cancer, which mostly affects females with proliferative disorders. Breast tissues are where breast cancer mostly manifests itself. Breast lumps, altered breast size, and shape, discharge from the nipples, and itchy, scaly red spots on the skin are all indications of breast cancer. Imaging, biopsy, genomic studies, blood tests, and other procedures are the main types of diagnostics for breast cancer. A biopsy is a procedure used to remove a sample of cells or tissue from the body so that it may be examined in a lab. The technologies in question include immunohistochemistry (IHC), comparative genomic hybridization (CGH), fluorescent in situ hybridization (FISH), and other technologies.
    Market Drivers
    The rising incidence of breast cancer worldwide. According to figures from the World Health Organization (WHO) for 2021, 2.3 million women worldwide received a breast cancer diagnosis in 2020. Furthermore, according to the same source, 7.8 million women will still be living by the end of 2020 who have received a breast cancer diagnosis in the previous five years, making it the most common cancer in the world. Hence, the demand for breast cancer diagnostics has increased as breast cancer prevalence has increased globally which is anticipated to boost the market growth.
    The numerous initiatives launched by the various national governments to raise awareness about early screening and diagnosis are also major factors driving the growth of the breast cancer diagnostics market.
    Market Restraints
    One major problem impeding the expansion of the market for breast cancer diagnostics is the high cost of a breast cancer diagnosis. With the start of the diagnostic stage of the disease, the price of a breast cancer diagnosis often increased. HealthMatch estimates that the entire cost of treating breast cancer in 2020 will be between $20,000 and $100,000. The cost of the diagnostic alone varied from $151 to $751 depending on the location. As a result, a breast cancer diagnosis is an expensive process that is out of reach for most people, which restricts the market for breast cancer diagnostics from expanding.

    Market Segmentation
    The Global Breast Cancer Diagnostics Market is segmented into Test Type, Type, End User, and Distribution Channel.
     Based on Test Type, the market is classified into Imaging, Biopsy, Genomic Test, Blood Test, and Others.
    Based on Type, the market is divided into Ductal In Situ Carcinoma, Invasive Ductal Carcinoma, Inflammatory Breast Cancer, and Metastatic Breast Cancer.
    Based on End Users, the market is segmented into Hospitals, Clinics, Research and Academic Institutes, Diagnostic Centers, and Others.
    Based on Distribution Channel, the market is bifurcated into Direct Tender, Retail Sales, and Others.
    Regional Analysis

    The Global Breast Cancer Diagnostics Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.

    North America is anticipated to dominate the market growth during the forecast period. The presence of large players, established diagnostic and screening infrastructure, technological breakthroughs, high patient awareness, and attractive reimbursement regulations are the main drivers of this region's dominance. The market expansion is anticipated to be boosted by the rising investment in breast cancer R&D. Due to the significant presence of prominent players like F-Hoffmann La Roche Ltd., Siemens Healthcare GmbH, General Electric, Koninklijke Philips N.V., ABBOTT, and others, the U.S. leads the North American area. 

    Asia Pacific is anticipated to experience the greatest CAGR over the forecast period. Due to the rising incidence of breast cancer and the adoption of cutting-edge diagnostic methods, the market for breast cancer diagnostics is driving the market growth.

    Key Development

    In November 2022, to make the diagnostic quality associated with high-end cart-based ultrasound systems available to more patients, Koninklijke Philips N.V. announced the global launch of a next-generation compact portable ultrasound solution at the Radiological Society of North America (RSNA) annual meeting. It has good performance and image quality, and it is portable.

    In November 2022, a multi-year value relationship has been established by Siemens Healthineers and Atrium Health, a premier not-for-profit healthcare organization recognized for its innovative pediatric, cancer, and cardiac care programs. This collaborative partnership aims to increase economic mobility, health equity, and access to care in the Southeast United States, where Atrium Health provides its services.

    Key Players

    Various key players are discussed in the Global Breast Cancer Diagnostics Market Report including: F-Hoffmann La Roche Ltd., Siemens Healthcare GmbH, General Electric, Koninklijke Philips N.V., FUJIFILM Corporation, Abbott, Hologic, Inc., OncoStem, Provista Diagnostics, Thermo Fisher Scientific Inc., and Myriad Genetics, Inc.

    Market Taxonomy

    By Test Type 

    • Imaging
    • Biopsy
    • Genomic Test
    • Blood Test
    • Others
     
    By Type 

    • Ductal In Situ Carcinoma
    • Invasive Ductal Carcinoma
    • Inflammatory Breast Cancer
    • Metastatic Breast Cancer

    By End User

    • Hospitals
    • Clinics
    • Research and Academic Institutes
    • Diagnostic Centers
    • Others

    By Distribution Channel

    • Direct Tender
    • Retail Sales
    • Others
     
    By Region

    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa


     

    Global Breast Cancer Diagnostics Market 
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Breast Cancer Diagnostics Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crisis
    4.2.5 Cumulative Impact due to nearing economic downturn 
    4.2.6 Post covid-19 world Supply & Demand conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Breast Cancer Diagnostics Market, By Test Type 
    5.1 Y-o-Y Growth Comparison, By Test Type  
    5.2 Global Breast Cancer Diagnostics Market Share Analysis, By Test Type  
    5.3 Global Breast Cancer Diagnostics Market Size and Forecast, By Test Type 
    5.3.1 Imaging, Biopsy
    5.3.2 Genomic Test
    5.3.3 Blood Test
    5.3.4 Others
    6 Global Breast Cancer Diagnostics Market, By Type
    6.1 Y-o-Y Growth Comparison, By Type
    6.2 Global Breast Cancer Diagnostics Market Share Analysis, By Type
    6.3 Global Breast Cancer Diagnostics Market Size and Forecast, By Type
    6.3.1 Ductal In Situ Carcinoma
    6.3.2 Invasive Ductal Carcinoma
    6.3.3 Inflammatory Breast Cancer 
    6.3.4 Metastatic Breast Cancer
    8 Global Breast Cancer Diagnostics Market, By End User 
    8.1 Y-o-Y Growth Comparison, By End User
    8.2 Global Breast Cancer Diagnostics Market Share Analysis, By End User
    8.3 Global Breast Cancer Diagnostics Market Size and Forecast, By End User
    8.3.1 Hospitals
    8.3.2 Clinics
    8.3.3 Research and Academic Institutes
    8.3.4 Diagnostic Centers
    8.3.5 Others
    9 Global Breast Cancer Diagnostics Market, By Distribution Channel 
    9.1 Y-o-Y Growth Comparison, By Distribution Channel 
    9.2 Global Breast Cancer Diagnostics Market Share Analysis, By Distribution Channel 
    9.3 Global Breast Cancer Diagnostics Market Size and Forecast, By Distribution Channel 
    9.3.1 Hospitals
    9.3.2 Clinics
    9.3.3 Others 
    10 Global Breast Cancer Diagnostics Market, By Region
    10.1 Global Breast Cancer Diagnostics Market Share Analysis, By Region
    10.2 .Global Breast Cancer Diagnostics Market Size and Forecast, By Region
    11 North America Breast Cancer Diagnostics Market Analysis and Forecast (2023-2030)
    11.1 Introduction
    11.2 North America Breast Cancer Diagnostics Market Share Analysis, By Test Type  
    11.3 North America Breast Cancer Diagnostics Market Size and Forecast, By Type
    11.4 Asia Pacific Breast Cancer Diagnostics Market Size and Forecast, By End User
    11.5 North America Breast Cancer Diagnostics Market Size and Forecast, By Distribution Channel 
    11.6 North America Breast Cancer Diagnostics Market Size and Forecast, By Country
    11.6.1 U.S.
    11.6.2 Canada
    11.6.3 Mexico
    12 Europe Breast Cancer Diagnostics Market Analysis and Forecast (2023-2030)
    12.1 Introduction
    12.2 Europe Breast Cancer Diagnostics Market Share Analysis, By Test Type  
    12.3 Europe Breast Cancer Diagnostics Market Size and Forecast, By Type
    12.4 Asia Pacific Breast Cancer Diagnostics Market Size and Forecast, By End User 
    12.5 Europe Breast Cancer Diagnostics Market Size and Forecast, By Distribution Channel 
    12.6 Europe Breast Cancer Diagnostics Market Size and Forecast, By Country
    12.6.1 Germany
    12.7.2 France
    12.7.3 UK
    12.7.4 Rest of Europe
    13 Asia Pacific Breast Cancer Diagnostics Market Analysis and Forecast (2023-2030)
    13.1 Introduction
    13.2 Asia Pacific Breast Cancer Diagnostics Market Share Analysis, By Test Type  
    13.3 Asia Pacific Breast Cancer Diagnostics Market Size and Forecast, By Type
    13.4 Asia Pacific Breast Cancer Diagnostics Market Size and Forecast, By End User
    13.5 Asia Pacific Breast Cancer Diagnostics Market Size and Forecast, By Distribution Channel 
    13.6 Asia Pacific Breast Cancer Diagnostics Market Size and Forecast, By Country
    13.6.1 China 
    13.6.2 Japan
    13.6.3 India
    13.6.4 Rest of Asia Pacific
    14 6atin America Breast Cancer Diagnostics Market Analysis and Forecast (2023-2030)
    14.1 Introduction
    14.2 Latin America Breast Cancer Diagnostics Market Share Analysis, By Test Type  
    14.3 Latin America Breast Cancer Diagnostics Market Size and Forecast, By Type
    14.4 Asia Pacific Breast Cancer Diagnostics Market Size and Forecast, By End User
    14.5 Latin America Breast Cancer Diagnostics Market Size and Forecast, By Distribution Channel 
    14.6 Latin America Breast Cancer Diagnostics Market Size and Forecast, Country
    14.6.1 Brazil
    14.6.2 Rest of Latin America
    15 Middle East Breast Cancer Diagnostics Market Analysis and Forecast (2023-2030)
    15.1 Introduction
    15.2 Middle East Breast Cancer Diagnostics Market Share Analysis, By Test Type  
    15.3 Middle East Breast Cancer Diagnostics Market Size and Forecast, By Type
    15.4 Asia Pacific Breast Cancer Diagnostics Market Size and Forecast, By End User
    15.5 Middle East Breast Cancer Diagnostics Market Size and Forecast, By Distribution Channel 
    15.6 Middle East Breast Cancer Diagnostics Market Size and Forecast, By Country
    15.6.1 Saudi Arabia
    15.6.2 UAE
    15.6.3 Egypt
    15.6.4 Kuwait
    15.6.5 South Africa
    16 Competitive Analysis
    16.1 Competition Dashboard
    16.2 Market share Analysis of Top Vendors
    16.3 Key Development Strategies
    17 Company Profiles
    17.1 F-Hoffmann La Roche Ltd.
    17.1.1 Overview
    17.1.2 Offerings
    17.1.3 Key Financials
    17.1.4 Business Segment & Geographic Overview
    17.1.5 Key Market Developments
    17.1.6 Key Strategies
    17.2 Siemens Healthcare GmbH 
    17.2.1 Overview
    17.2.2 Offerings
    17.2.3 Key Financials
    17.2.4 Business Segment & Geographic Overview
    17.2.5 Key Market Developments
    17.2.6 Key Strategies
    17.3 General Electric
    17.3.1 Overview
    17.3.2 Offerings
    17.3.3 Key Financials
    17.3.4 Business Segment & Geographic Overview
    17.3.5 Key Market Developments
    17.3.6 Key Strategies
    17.4 Koninklijke Philips N.V.
    17.4.1 Overview
    17.4.2 Offerings
    17.4.3 Key Financials
    17.4.4 Business Segment & Geographic Overview
    17.4.5 Key Market Developments
    17.4.6 Key Strategies
    17.5 FUJIFILM Corporation
    17.5.1 Overview
    17.5.2 Offerings
    17.5.3 Key Financials
    17.5.4 Business Segment & Geographic Overview
    17.5.5 Key Market Developments
    17.5.6 Key Strategies
    17.6 Abbott
    17.6.1 Overview
    17.6.2 Offerings
    17.6.3 Key Financials
    17.6.4 Business Segment & Geographic Overview
    17.6.5 Key Market Developments
    17.6.6 Key Strategies
    17.7 Hologic, Inc.
    17.7.1 Overview
    17.7.2 Offerings
    17.7.3 Key Financials
    17.7.4 Business Segment & Geographic Overview
    17.7.5 Key Market Developments
    17.7.6 Key Strategies
    17.8 OncoStem
    17.8.1 Overview
    17.8.2 Offerings
    17.8.3 Key Financials
    17.8.4 Business Segment & Geographic Overview
    17.8.5 Key Market Developments
    17.8.6 Key Strategies
    17.9 Provista Diagnostics
    17.9.1 Overview
    17.9.2 Offerings
    17.9.3 Key Financials
    17.9.4 Business Segment & Geographic Overview
    17.9.5 Key Market Developments
    17.9.6 Key Strategies
    17.10 Thermo Fisher Scientific Inc.  
    17.10.1 Overview
    17.10.2 Offerings
    17.10.3 Key Financials
    17.10.4 Business Segment & Geographic Overview
    17.10.5 Key Market Developments
    17.10.6 Key Strategies
    17.11 Myriad Genetics, Inc.
    17.11.1 Overview
    17.11.2 Offerings
    17.11.3 Key Financials
    17.11.4 Business Segment & Geographic Overview
    17.11.5 Key Market Developments
    17.11.6 Key Strategies