The Global Market for Mammography Equipment is Projected to Reach US$2.2 Billion by 2024

Growing Adoption of 3D Mammography to Drive the Global Mammography Equipment Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Mammography Equipment. The global market for Mammography Equipment is projected to reach US$2.2 billion by 2024, driven by increasing patient awareness over the benefits of early breast cancer screening, rapid replacement of digital mammography systems and growing adoption of 3D mammography systems.

Mammography remains the gold standard technique in breast cancer screening, driven by a combination of factors such as cost, required time for the procedure, expertise required to carry out the procedure and the test’s sensitivity and specificity rates. Growth in the market is supported by various factors including increasing patient awareness of benefits of early breast cancer screening, growing female geriatric population worldwide, rising incidence of breast cancer, continued replacement of analog systems with digital systems  and accelerating adoption of 3D mammography systems. Implementation of healthcare programs by governments and organizations, especially in developing countries  is expected to further foster growth in the mammography systems market.

Advancements in the area of digital technologies have allowed users to minimize radiation dosage while leaving the image quality intact. The current focus is on designs that optimize workflow and improve patient safety, reduce pain and deliver a more comfortable mammogram.. Besides, the image quality, companies are also working towards improving patient experience. Breast Tomosynthesis or Digital Breast Tomosynthesis or 3D mammography presents the latest advancement in the area of mammography. The technology captures different angles of the breast that are used in the construction of a 3-D image, a process that involves lesser radiation exposure. 3D mammography also enables enhanced diagnostics, especially for patients with dense breast tissue. Although the tomosynthesis market comprises of only a handful of few players, individual variations in technologies exist as manufacturers attempt to differentiate themselves from competition. Advantages such as fewer biopsies, lesser call backs, improved outcomes, better screening sensitivity, and greater patient comfort is expected to accelerate wider adoption of 3-D tomosynthesis systems worldwide.

As stated by the new market research report on Mammography Equipment, the U.S. represents the largest market worldwide. Asia-Pacific is forecast to emerge as the fastest-growing market with dollar sales projected to grow at a CAGR of 9.9% over the analysis period. Growth in the region is primarily being driven by significant efforts in the promotion of breast health screening and breast cancer awareness programs., and  rise in penetration of digital mammography systems, especially in the private healthcare sector.

Key players in the market include GE Healthcare, Hologic Inc., I.M.S. (Internazional Medico Scientifica) srl, Philips Healthcare, Planmed Oy, Siemens Healthineers, and Toshiba Medical Systems Corp., among others.

The research report titled "Mammography Equipment: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, strategic industry activities of major companies worldwide. The report provides market estimates and projections in dollars and units for major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific) and Rest of World. Product segments analyzed in the report include Analog Mammography Equipment and Digital Mammography Equipment.


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