Canada breast cancer diagnostics market is estimated to grow significantly at a CAGR of around 11.5% during the forecast period. The factors that influence the market growth in Canada include increasing the screening test for breast cancer and prevalence due to changes in life style. Breast cancer is the second leading cause of mortality in Canada. The incidence rate of breast cancer in Canada slightly increase with the increase in years. According to the Canadian Cancer Society about 26,300 women diagnosed with breast cancer in 2017. This accounts for 25% of all new cancer cases in women. The mortality due to breast cancer was about 5,000, which is 13% of all cancer mortality in women. On average 72 women in Canada were diagnosed and 14 women died with breast cancer every day. The breast cancer also happened in men about 230 men were diagnosed and mortality about 60 from breast cancer in 2017.
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The companies which are contributing to the growth of the Canada breast cancer diagnostics market include Agendia NV, Becton, Dickinson and Co., Danaher Corp., General Electric Co., Hologic Inc., Johnson & Johnson Services Inc., Myriad Genetics, Inc., Nano String Technologies, Inc., Koninklijke Philips N.V., Siemens Healthcare GmbH, and others.
Canada breast cancer diagnostics market is segmented on the basis of technology. Based on technology, the market is further classified into mammography, biopsy, position emission tomography/Computed tomography, ultrasound, and others. The mammography segment is projected to hold the largest share in the market. Mammography is a specific medical imaging technique that uses a low-dose x-ray system to see inside the breasts.
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A mammography exam, called a mammogram, aids in the early detection and diagnosis of breast diseases in women. The end-user segment market is further segregated into hospitals and diagnostics centers. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, and technological advancements to stay competitive in the market.
Market Segmentation
Canada Breast Cancer Diagnostics Market by Technology
o Mammography
o Biopsy
o PET/CET
o Ultrasound
o Others (MRI)
Canada Breast Cancer Diagnostics Market by End-User
o Hospitals
o Diagnostics Centers
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