1.7 Million cases of breast cancer are diagnosed around the world every year, and 522,000 women die from the disease annually. In the US alone, 268,600 new cases of invasive breast cancer and 40,000 breast cancer-related deaths were predicted to occur in 2019. The earlier breast cancer can be detected, the earlier it can be diagnosed and treated, resulting in less deaths and greater chances for effective treatment.

The severity of the problem is evident given that the breast imaging market is projected to grow from an estimated $3.7B USD in 2020 to $5.4B USD by 2025 at a compound annual growth rate of 8.1%. – Markets and Markets