Overview and Scope
Mammography is a diagnostic X-ray imaging technique used to check breast tissue for the early diagnosis of malignancies, breast cancer and other breast illnesses. It functions as a screening and diagnostic tool.
Sizing and Forecast
The mammography market size has grown rapidly in recent years. It will grow from $2.36 billion in 2023 to $2.61 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to increasing breast cancer incidence, rising awareness and screening programs, government initiatives and funding, advocacy and support groups, improved reimbursement policies.
The mammography market size is expected to see strong growth in the next few years. It will grow to $3.77 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to personalized medicine approaches, expansion of breast cancer screening programs, increasing collaboration in research, telemedicine and remote screening, focus on patient-centric care. Major trends in the forecast period include digital mammography dominance, rise of 3d mammography (tomosynthesis), integration of artificial intelligence, increasing emphasis on personalized screening, expanding applications beyond cancer screening, advancements in breast imaging technologies.
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Segmentation & Regional Insights
The mammography market covered in this report is segmented –
1) By Product: Film Screen Systems, Digital Systems, Analog Systems, Biopsy Systems, 3D Systems, Other Products
2) By Modality: Portable Mammography Systems, Non-Portable Mammography Systems
3) By Technology: Breast Tomosynthesis, CAD Mammography, Digital Mammography
4) By Application: Diagnostic Screening, Advance Imaging, Clinical Review
5) By End-User: Hospitals, Specialty Clinics, Diagnosis Centers, Other End-Users
North America was the largest region in the mammography market in 2023. The regions covered in the mammography market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increase in the incidence of breast cancer is expected to propel the growth of the mammography market. Breast cancer is a condition when the breast’s cells proliferate out of control. The prevalence of breast cancer is increasing globally, and mammography is one of the most influential and widely used screening tools for early detection and diagnosis of breast cancer. For instance, in 2023, according to the Breastcancer.org, a US-based nonprofit organization, an estimated 297,790 new cases of invasive breast cancer are expected to be diagnosed in U.S. women, along with 55,720 new cases of DCIS. Further, in January 2023, according to the American Cancer Society, a US-based Voluntary organization, in 2022, a projected 287,850 new instances of invasive breast cancer were identified in women in the United States, coupled with 51,400 new cases of non-invasive (in situ) breast cancer. Therefore, the increase in the incidence of breast cancer is driving the mammography market.
Key Industry Players
Major companies operating in the mammography market report are Hologic Inc., Fujifilm Corporation, Siemens Healthcare AG, Canon Medical Systems Corporation, GE Healthcare Company, Metaltronica S.p.A, Koninklijke Philips N.V., Gamma Medica Inc., Konica Minolta Inc., Carestream Health, PLANMED OY, Villa Sistemi Medicali Spa., Toshiba Medical Systems Corporation, Allengers Medical Systems Ltd., Analogic Corporation, IMS Srl, BMI Biomedical International s.r.l., General Medical Merate S.p.A., Genoray Co. Ltd., Agfa-Gevaert N.V., Delphinus Medical Technologies Inc., Micrima Limited, CMR Naviscan Corporation, Dilon Technologies Inc., Koning Corporation, Medi-Future Co. Ltd., PerkinElmer Inc., QView Medical Inc., Radmirtech Co. Ltd., SOREDEX, Trivitron Healthcare Pvt. Ltd., Ziehm Imaging GmbH, Zonare Medical Systems Inc.
The mammography market report table of contents includes:
1. Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
……..
- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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