About Breast Cancer Testing
Breast Cancer testing tools are used to early detection of breast cancer so the treatment should take for the prevention of cancer. There is the availability of different devices to detect and analyze the intensity of breast cancer, not only females but also males can get suffered from breast cancer. Different types of breast cancer required different testing tools.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The increasing cases of breast cancer growing need for its testing tools in the market. The leading firms are coming with newly enhanced products with technological advancements increasing the competition between rivalries. Mergers and acquisitions have been changing business strategies in the market. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Breast Cancer Testing market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Genomic Health (United States), Myriad Genetics, Inc (United States), NanoString Technologies, Inc (United States), Hologic Inc (United States), Koninklijke Philips N.V (Netherlands), Danaher (United States), BD Company (C.R. Bard)(United States), Devicor Medical Products (United States), A&G Pharmaceutical, Inc (United States) and Biocrates Life Sciences AG (Austria) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Siemens Healthcare Diagnostics, Inc (Germany), OncoCyte Corporation (United States) and POC Medical Systems, Inc (United States).
Segmentation Overview
AMA Research has segmented the market of Global Breast Cancer Testing market by Type (Imaging, Biopsy, Genomic Tests, Blood Tests and Others), Application (Diagnosing and Prevention) and Region.
On the basis of geography, the market of Breast Cancer Testing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Patient , the sub-segment i.e. Female will boost the Breast Cancer Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Breast Cancer, the sub-segment i.e. BRCA Breast Cancer will boost the Breast Cancer Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals and Clinics will boost the Breast Cancer Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Breast Cancer Testing Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increasing Population For Breast Cancer
- Growing Social Awareness By Celebrities And Online Platforms
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Influencing Trends | - Growing Use Of Ultrasound Technology For Accurate Results
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Restraints | - Breast Cancer May Not Visible On The Mammogram
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Road Blocks / Challenges | - High Cost Associated With The Tests
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Gaps & Opportunities | - Growing Awareness Regarding Breast Cancer Testing
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Market Leaders and their expansionary development strategies
On 20th June 2019, Hologic announced it has entered into an agreement to acquire SuperSonic Imagine French Ultrasound Innovator. This transaction Will improves Hologic’s Breast Health Product Portfolio.
On 4th November 2019, Nanostring Company announced the availability of its GeoMx Cancer Transcriptome Atlas through the Technology Access Program for Digital Spatial Profiling NanoString Technologies. The Nanostring company one of the leading firms in cancer testing and screening had made available its above product.
On 27th March 2019, the US FDA announced the new version of guidelines for breast cancer screening and testing them is as follows:, • FDA's issued new regulations issued under the Mammography Quality Standards Act of 1992 (MQSA). and • FDA advances its policy changes to modernize mammography services and improve their quality proposed rule
Key Target Audience
Medical device manufacturers, Hospitals and diagnostic clinics, Medical device distributor, Wholesaler/Supplier/Retailer, Government organizations and Research Centres
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.