Global Mammography Market – Size, Outlook, Trends and Forecast (2024

Global Mammography Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Breast cancer is considered to be one of the most common cancer among women irrespective of their age or race. Growing need and demand for diagnosing the patients with breast cancer had resulted in a rising demand for mammography devices, and hence is a prime and key factor for the growth of Mammography Devices Market. Mammography is a type of Breast Imaging using low-dose X-rays. This method helps in both detecting and diagnosing breast cancer in early stages. In this method, with the help of small amount iodising radiation that is exposed to the body to make pictures of inside body. X-Ray is considered as a non-invasive medical test which is oldest and most frequently used for medical imaging purposes.

Global Mammography Market Segments Size & Growth:

Global Mammography Market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% during the forecast timeline 2018-2024. Increasing prevalence of breast cancer along with innovative technological advancements in mammography devices, increasing ageing populations, growing awareness regarding early diagnosis of breast cancer, and increasing investments from the breast cancer screening campaigns are considered to be the driving factors for the market growth. Anyhow, risks associated with radiation exposure, increasing government regulations, the high cost of equipment and decline in reimbursement are considered as challenges for the growth of the Mammography market.

Global Mammography Market Segments Share:

Depending on the technology, Mammography market is sectored as, Digital Mammography Market, breast Tomosynthesis, Positron Emission Mammography, Analog Mammography, Computer-Aided Detection, and many others. Out of all recent advances in mammography include digital Mammography, Computer Aided Detections, and breast tomosynthesis. Full-Field Digital Mammography or Digital Mammography is a mammographic system in which X-ray is being replaced by Electronics. Digital Mammography Market is

Global Mammography Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

accounted to share a large market share throughout the forecast period. Usage of this method even ensures us, that whatever images we obtain will be clear and would be taken from dense inside. Apart from these techniques, there are some common procedures that are used for screening mammography and Diagnostic Mammography. Mammography plays a vital role in the detection of early breast cancer as it provides details regarding the slow and continuous changes that occur for two years. Diagnostic mammography is majorly used to examine patients with abnormal clinical findings like breast lumps, nipple discharges, and others. This process even helps to evaluate the area of concern after the screening exam. Breast Tomosynthesis is an advanced 3D mammography for an advanced form of breast imaging, where multiple images from various angles can be taken simultaneously.

Hospitals, Speciality Clinics, Diagnostics Center, Ambulatory Care, are few among the various end-users for this market. By products, this market is categorised as 3D Mammograms, Analog System, Digital System, and others. Among all gaining demand for a 3D mammogram that is launched by major players is expected to boost the growth of the market during the forecasted period owing to the replacement of 2D mammography by 3D mammography in high and mid-tier hospitals of developed countries. Usage of Breast Tomosynthesis includes various advantages. Some of these include higher and greater efficiency and accuracy in pinpointing size, shape, and various abnormalities inside breast and others. Depending upon applications, this market is segmented as Screening Mammograms, Diagnostics mammograms, and others.

North America followed by Europe is considered to be the leading regions for the growth of the Mammography Market owing to leading hospitals and healthcare agencies in the developed countries of these regions. It is accounted that more than

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Global Mammography Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

half of the total Mammography Market Share that is gained by the market for Mammography, the presence of key players is expected to be the significant reason. Increasing geriatric population, growing government initiatives in creating awareness regarding breast cancer, and early diagnosis and others are considered as prominent factors for the growth of the Asia Pacific Mammography Market.

Global Mammography Market Trends:

Planned recently launched an improves verity CBCT Scanner which has got more accuracy and efficiency into the market.
DR 24MDR mammography cassette-sized AED detector a product from AFGA is the easiest and most versatile way to go for digital mammography.

Global Mammography Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major key players in the Global Mammography Market are:

Fujifilm Holdings Corporation
GE Healthcare
Hologic Inc.
IMS Giotto S.P.A
Koninklijke Philips NV
Metaltronica Spa
Mindray Medical International Limited

Along with these companies, there were many other companies considered/cited in the report while analysing the Global Mammography market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.

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