Overview and Scope
Mammography systems are medical imaging devices used for detecting breast cancer. They utilize low-dose X-rays to create detailed images of breast tissue, aiding in the detection of abnormalities such as tumors or cysts. These systems are crucial for early detection, improving treatment outcomes, and patient survival rates. It also uses digital or analog technology for screening and diagnostic purposes.
Sizing and Forecast
The mammography systems market size has grown strongly in recent years. It will grow from $2.30 billion in 2023 to $2.50 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to increasing prevalence of breast cancer, increasing government initiatives and programs promoting breast cancer, favorable reimbursement policies, and increased awareness about the importance of early detection of breast cancer.
The mammography systems market size is expected to see strong growth in the next few years. It will grow to $3.53 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to increasing adoption of 3D mammography, increasing healthcare expenditure, shift towards digital mammography systems, expansion of market presence in emerging markets with improving healthcare infrastructure, and growing focus on preventive healthcare and early disease detection. Major trends in the forecast period include the integration of AI algorithms into mammography systems, the adoption of 3D tomosynthesis, mobile mammography units, AI-driven diagnostics, telemedicine, and remote monitoring.
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The mammography systems market covered in this report is segmented –
1) By Product: Analog Systems, Full Field Digital Mammography Systems, Breast Tomosynthesis Systems
2) By Technology: Screen Film, 2D Mammography, 3D Mammography, Other Technologies
3) By Modality: Portable Mammography Systems, Non-Portable Mammography Systems
4) By End-User: Hospitals, Ambulatory Surgical Centers, Other End-Users
North America was the largest region in the mammography systems market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mammography systems 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 rise in cases of breast cancer is expected to propel the mammography systems market going forward. Breast cancer refers to the abnormal growth of cells in the breast tissue, which can form a tumor that may be malignant and has the potential to spread to other parts of the body. The rise in breast cancer cases is due to changes in lifestyle factors, the aging population, inherited genetic mutations, and hormonal factors. Mammography systems are indispensable tools in the fight against breast cancer, enabling early detection, accurate diagnosis, and effective management strategies that ultimately improve patient outcomes and survival rates. For instance, in January 2023, according to the American Cancer Society, a US-based nonprofit cancer advocacy organization, the number of breast cancer cases increased from 284,200 in 2021 to 300,590 in 2023, reflecting a growth of 5.76%. Therefore, the rise in cases of breast cancer is driving the growth of the mammography systems market.
Key Industry Players
Major companies operating in the mammography systems market report are Toshiba Corporation; Siemens Healthineers AG; Fujifilm Holdings Corporation; Koninklijke Philips N.V.; GE Healthcare Inc.; Delphinus Medical Technologies Inc.; Konica Minolta Inc.; Hologic Inc.; Carestream Health Inc.; Varex Imaging Corporation; Analogic Corporation; Canon Medical Systems Corporation; Genoray Co. Ltd.; Planmed Oy; General Medical Merate SpA; Allengers Medical Systems Limited; BET Medical; Arcoma AB; BMI Biomedical International Ltd.; Apex Medical Systems Pvt. Ltd.; Metaltronica S.p.A.; Perlong Medical Equipment Co. Ltd.; Sequoia Healthcare Pvt. Ltd.; DRGEM Corporation
The mammography systems market report table of contents includes:
1. Executive Summary
2. Mammography Systems Market Characteristics
3. Mammography Systems Market Trends And Strategies
4. Mammography Systems Market – Macro Economic Scenario
5. Global Mammography Systems Market Size and Growth
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32. Global Mammography Systems Market Competitive Benchmarking
33. Global Mammography Systems Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Mammography Systems Market
35. Mammography Systems Market Future Outlook and Potential Analysis
36. Appendix
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