U.S. Breast Imaging Market To Hit $1 Billion By 2017

Julie Ritzer Ross | | Radiology Business | Business Intelligence
imageThe U.S. breast imaging and mammography market will recover from the recession and double in value over the next decade, as clinics replace old film units and adopt new molecular imaging technologies, according to a new report. 

IData Research, a market research firm, estimates the breast imaging market will reach $1 billion by 2017. Hologic Inc. and General Electric Co. lead the market because of sales of their digital mammography equipment, the report said. The world spent more than $21 billion on medical imaging equipment in 2010, according to a new report. 

TriMark Publications, a market research group, in its "Medical Imaging Markets" report released this week, also estimated the number of imaging procedures performed each year. Replacing film or analog units with digital ones will drive much of mammography's growth, according to Dr. Kamran Zamanian, CEO of iData. He predicted that most film units would be replaced by digital ones by 2017. 

Also driving the market will be breast-specific gamma imaging, developed by Dilon Technologies and Gamma Medica, and positron emission mammography, sold by Naviscan. 

"These technologies will experience rapid growth as they may be used for patients who cannot receive a breast MRI, and are less expensive than MRI systems," Zamanian said, in a statement.

Julie Ritzer Ross,

Contributor

Related Content

Orano Med breaks ground on $265M thorium production site
Image-interpretation market scoreboard: Radiologists 72%, others 28%
Lantheus lands rights to budding radiopharmaceuticals for initial outlay of $35M
17 short-term strategies to address the national radiologist shortage
‘SR’ onboards another independent practice, its 1st in the Natural State
Analysis: Allied radiology professionals generate millions of dollars per year in indirect revenues alone

Around the web

Health Imaging
Nearly $800,000 settlement offered to family of man who died during MRI exam

The patient, who was being cared for in the ICU, was not accompanied or monitored by nursing staff during his exam, despite being sedated.

Cardiovascular Business
Global shortage of nuclear imaging isotopes may be over

The nuclear imaging isotope shortage of molybdenum-99 may be over now that the sidelined reactor is restarting. ASNC's president says PET and new SPECT technologies helped cardiac imaging labs better weather the storm.

Cardiovascular Business
‘A huge win’: CMS significantly increases Medicare payments for cardiac CT

CMS has more than doubled the CCTA payment rate from $175 to $357.13. The move, expected to have a significant impact on the utilization of cardiac CT, received immediate praise from imaging specialists.