Latest News- AI In Breast Imaging Market: Screening is expected to lead the Application segment during 2025-2029

The AI In Breast Imaging Market is being driven by Imperative for early detection amid rising global burden of breast cancer

The AI In Breast Imaging Market is expected to grow at a CAGR of 24.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 897 million. In the global AI in breast imaging market, a significant business trend emerges as providers move away from offering standalone, single-purpose AI algorithms. Instead, they are developing comprehensive, integrated AI platforms and deeply embedded solutions. Major end-users, including large hospitals and diagnostic imaging networks, are prioritizing consolidated platforms or AI suites to simplify procurement and reduce the complexity and costs associated with managing multiple disparate AI applications from various vendors. These consolidated solutions offer a range of tools, including detection, density assessment, risk modeling, and workflow triage, all under a unified interface. This approach streamlines IT integration into existing PACS and RIS infrastructure, creating a more efficient and seamless workflow for radiologists. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Screening
  • Diagnostics
  • Risk assessment
  • Others
• Technology
  • Machine learning
  • Computer aided detection
  • Deep learning
  • Natural language processing
• End-user
  • Hospitals and clinics
  • Diagnostic imaging centers
  • Breast care and specialty clinics
  • Others
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Imperative for early detection amid rising global burden of breast cancer
• Alleviating mounting radiologist workload and addressing pervasive staff shortages
• Accelerating technological innovation

However, the market also witnesses some limitations, which are as follows:

• Data diversity, algorithmic bias, and generalizability
• Technical and logistical challenges of integrating AI algorithm into complex IT infrastructure
• Navigating complex regulatory, reimbursement, and medico-legal frameworks

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Market Scope in AI In Breast Imaging Market Research Report

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Research Analysis Overview

The AI market for breast imaging incorporates advanced technologies such as digital mammography, tomosynthesis analysis, ultrasound integration, MRI integration, and biopsy guidance. These innovations offer improvements in radiologist workflow, image quality assessment, and performance benchmarking. Algorithm explainability, bias mitigation strategies, generalizability testing, and cost-effectiveness analysis are essential considerations. Ethical considerations, data security measures, interoperability standards, software validation, clinical trials, and regulatory approval pathways are also crucial elements in this field. Key performance indicators include sensitivity and specificity, positive and negative predictive values, ROC curve analysis, AUC calculation, precision and recall, and F1 score.

Market Research Overview

The global IT software market encompasses businesses specializing in the development and production of application and system software. Notably, the application software sector focuses on creating software for specific business or consumer applications, including enterprise, technical, and cloud-based solutions. Excluding companies producing interactive home entertainment software and database management software classified under systems software, the application software market size is determined by the consolidated revenue of these entities. In the realm of healthcare IT, the mammography AI market comprises companies offering Computer-Aided Detection (CAD) systems, deep learning models, and image segmentation technologies to enhance the accuracy and efficiency of breast imaging analysis.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/