Global Breast Imaging Workstation Market: Overview
Breast imaging refers to a subspecialty in the field of diagnostic radiology. It comprises an extensive range of various imaging procedures. Breast MRI, breast ultrasound, breast tomosynthesis, diagnostic mammography, and screening mammography are some of the procedures for breast imaging. Medical imaging workstations are gathered diagnostic imaging system that comprise of all the elements needed for the purpose of automation of patient imaging. The global breast imaging workstation market is likely to be driven by the increased prevalence of breast cancer across the globe.
The breast imaging workstations include numerous hardware and software elements that assist in capturing the diagnostic images correctly and independently. All of these images are stored in a centralized server called “Picture Archiving & Communication System” or PACS. Relentless technological advancement made in this field is likely to amplify growth opportunities in the global breast imaging workstation market.
Modality, components, usage mode, application, clinical security type, end users, and region are the eight important parameters on the basis of which the global breast imaging workstation market has been classified. Such an elaborate analysis of the market comes with the sole purpose to provide stakeholders with a detailed and clear analysis of the global Breast Imaging Workstation market.
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Global Breast Imaging Workstation Market: Notable Developments
An important market development that offers a quick glimpse of the dynamics pertaining to the global breast imaging workstation market is mentioned as below:
- In February 2019, US-based prominent medical technology company, Hologic Inc. launched Unifi Analytics. It is a business intelligence tool, which helps healthcare facilities in the monitoring of technologists’ performance, prevention of sudden downtime, and management of mammography devices. Inventions such as this is expected to influence the market positively and diversify the product portfolio of the company.
Some of the prominent organizations in the global breast imaging workstation market comprise the below-mentioned:
- Hologic, Inc.
- Aurora Healthcare US Corp.
- Delphinus Medical Technologies, Inc.
- CMR Naviscan Corporation
- Koninklijke Philips N.V.
- Dilon Technologies, Inc.
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Global Breast Imaging Workstation Market: Key Trends
The global breast imaging workstation market is marked with the presence of the following key factors of growth, restraints, and opportunities.
Rising Incidences of Breast Cancer across the Globe to Generate Demand in the Market
The growth of global breast imaging workstation market is anticipated to be influenced by a rapid rise in the cases of breast cancer all over the world and increased awareness about the disease. In addition to that, technological progress made in the field and a rising number of screening programs and symposiums and conferences emphasizing on spreading awareness about the disease is likely to augur well for the global breast imaging workstation market.
Many of the developing countries are witnessing a rise in the private as well as government investments so as to meet up with the rising demand for breast cancer screening. Furthermore, improvement in the reimbursement policies in these developing countries are likely to pave way for rapid growth of the global breast imaging workstation market over the period of assessment, from 2020 to 2030. Breast ultrasound is one of the popular process as it does not expose the patient to harmful radiations yet accurately detects the presence of lesions, determines the nature of lesions and is able to differentiate between a solid mass and cyst.
Global Breast Imaging Workstation Market: Geographical Analysis
Throughout the period of assessment, North America is estimated to exert dominance over the global breast imaging workstation market. Aggressive marketing and promotion strategies of personalized medicines, rising government initiatives including the ones for precision medicines is estimated to foster growth of the breast imaging workstation market in North America.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.