Breast Lesion Localization Market Overview 2022 To 2032, Future Trends And Forecast

BySanket Badgujar
Market Research

According to the FMI analysis, the Breast Lesion Localization Market is projected to develop at a 4.1% CAGR through 2032, from a 2022 market value of US$ 256 million to US$ 382 million by 2032.

The market for breast lesbian localisation is booming due to a growth in breast cancer cases brought on by increased government funding on research and development of treatments and services, improving the healthcare system and promoting early detection.

Breast cancer is the most common malignancy, and its increasing prevalence, along with its wide range of diagnosis options, such as early detection and screening, are assisting the breast lesion localization market’s growth. The breast lesion localization market has seen significant growth in the early detection, screening, and treatment of breast cancer based on that diagnosis. The second-leading cause of cancer-related death for women worldwide is breast cancer.

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The use of cutting-edge technology like artificial intelligence, integrated healthcare platforms, and digital monitors has helped the healthcare and diagnosis sector to evolve and get set up in new regions. Government programs also promote multiple kinds of diagnosis, treatment, and screening processes that lastly help doctors and patients understand the real-time situation, pushing the demand for breast lesion localization.

High-cost range of these systems, newer, cheaper system alternatives, lower awareness, and incompetent health workers that need to be trained and upskilled are the major restraints for the Breast lesion localization market. Uncertain FDA approvals, such as nuclear regulatory clearance, along with a shortage of skilled oncologists, are restricting the growth of breast lesion localization.

KEY TAKEAWAYS:

  • United States thrives at a CAGR of 3.9% between 2022-2032 and is expected to hold a market revenue of US$ 136 Mn by the end of 2032.
  • Increasing breast cancer cases coupled with advanced diagnosis options while upgrading the healthcare system and their integration with latest technology like AI and IOT are fueling the growth in this region.
  • Breast Biopsy segment is the largest segment by the usage type and will hold the biggest portion of the market in the forecast period, thriving at CAGR of 3.5% through 2032. The growth of segments is attributed to easy removal and short time span and lower post-surgery impacts than the lumpectomy.
  • The UK, being the highest growing market globally, will hold US$ 18.2 Mn by the end of 2032 as it thrives on a promising CAGR of 4.4% between 2022-2032

COMPETITIVE LANDSCAPE:

Some of the breast lesion localization market competitors listed in the FMI’s study on Breast lesion localization market are Hologic Inc, Becton, Dickinson and Company, Merit Medical System, Leica Biosystems, Nussloch GmbH and Argon Medical Devices.

Recent Developments

  • Hologic Inc has introduced LOCalizer, the wire-free breast lesion system that is designed to mark and guide non-palpable breast lesions using a miniature. This innovative technology pushes the market and increases the demand for breast lesion localization processes.
  • CMerit Oncology has upgraded its scout radar localization that helps in reducing the OR delays and targets the affected tissue and points it out, easing the surgery processes.

Key Segments

By Type:

  • Wire Localization
  • Radioisotope Localization
  • Magnetic Localization
  • Electromagnetic Localization

By Usage:

  • Breast Biopsy
  • Breast Conservation (Lumpectomy) 

By Region:

  • United States
  • United Kingdom
  • China
  • Japan
  • South Korea