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Izotropic's IzoView Positioned to Capitalize on Key Global Breast Imaging Market Drivers
GlobeNewswire News Room· 2025-08-05 12:00
Core Insights - The global breast imaging market is projected to grow from $5.4 billion in 2024 to $8.69 billion by 2030, reflecting a compound annual growth rate (CAGR) of 8.25% [2][8] - Izotropic Corporation's IzoView Breast CT Imaging System is positioned to lead in dense breast imaging, addressing the rising incidence of breast cancer and new screening mandates [1][13] - The adoption of AI in imaging workflows is critical for enhancing diagnostic accuracy and efficiency, with over 100 AI algorithms approved by the FDA since early 2025 [10][19] Market Growth Projections - The U.S. breast imaging market is expected to expand from $1.0 billion in 2024 to $1.55 billion by 2030, with a CAGR of 7.57% [2][8] - Digital breast tomosynthesis (DBT) is forecasted to grow from approximately $950 million in 2024 to $1.71 billion in 2030, with a CAGR of 10.28% [11] - Breast ultrasound, including automated and handheld systems, is projected to reach approximately $1.98 billion by 2030, with a CAGR of 8.85% [11] Technological Advancements - The industry is moving towards enhanced accuracy and efficiency through advancements in AI, 3D imaging, and personalized screening strategies [4][10] - IzoView offers true 3D imaging in an uncompressed state, which improves sensitivity in dense breast tissue compared to traditional methods [14][20] - The integration of AI into breast imaging workflows is essential for predictive analytics and clinical decision support, enhancing diagnostic processes [19] Regulatory and Policy Changes - Regulatory shifts are promoting early detection initiatives, with 38 U.S. states mandating insurance coverage for supplemental screening [9] - The FDA now requires providers to inform patients about breast density, which is driving demand for advanced imaging technologies [9] Patient Experience and Market Demand - There is a growing demand for non-compressive, faster, and more comfortable imaging procedures, which are influencing purchasing decisions in imaging centers [5][20] - IzoView's design eliminates breast compression and enables a fast, contact-free exam, potentially improving patient compliance and screening throughput [20][21] Competitive Positioning - IzoView is uniquely positioned in the market, with a target sales price of $500,000, significantly lower than existing breast CT systems priced at $1.2 million to $1.5 million [12][14] - The system's capabilities align with the industry's shift towards personalized imaging and individualized screening protocols, supported by a robust patent portfolio [16][17]