Rising Incidence of Breast Cancer, Concerted Efforts Directed at Cancer Prevention & Control and Technology Migration Towards 3D Mammography to Drive the Global Mammography Equipment Market
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 furth...