Mammography Market is growing at a CAGR of 7.16% by 2022

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Mammography Market is growing at a CAGR of 7.16% by 2022, Global Mammography Market Size, Share, Growth, Trends and Industry Analysis by Technology, Application, End-User, Key Players | Mammography Industry

Mammography Market Research Report: By Type (Screening Mammogram and Diagnostic Mammogram), Treatment (Digital Systems, Analog Systems, Breast Tomosynthesis, Film Screen Systems and others), End-User (Hospitals, Specialty Clinics, Diagnostic Centers, Research Institutes and others) and Region (Americas, Europe, Asia-Pacific and Middle East Africa) - Forecast till 2027

Mammography is a diagnostic method used in discerning abnormalities in the breast. Rising cases of breast cancer and other breast abnormalities have induced the need for diagnostic methods. The global mammography market report by Market Research Future (MRFR) covers growth enablers, challenges, opportunities, and trends for the period of 2019 to 2025 (forecast period) and the impact of the COVID-19 pandemic.

Market Scope

The global mammography market is expected to register a CAGR of 7.16% during the forecast period of 2019 to 2025. The large number of breast cancer cases, awareness among women, government initiatives, and technological advances in diagnostic techniques can drive the market growth. Efforts by governments to increase screening programs to lower the mortality rates caused by breast cancer can positively impact the market growth.

Use of digital machines and emergence of 3D mammography for attaining clear images can work in favor of the market. The COVID-19 pandemic has led to breast cancer organizations and reputed healthcare organizations publish new guidelines for ensured care for new and old cases. The use of telehealth for consultations and prevention of transmission of the virus can drive the market growth.

However, the inaccuracy of the tests in screening procedures can hamper the market growth.

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The global mammography market has been segmented by type, technology, product, and end user.

By type, it has been bifurcated into screening mammograms and diagnostic mammograms.

Based on the technology, the global mammography market has been further segmented into 2-D technology, 3-D technology, and combination technology.

Products comprise breast tomosynthesis film-screen systems, digital systems, analog systems, and others.

On the basis of end-user, the market is segmented into hospitals, specialty clinics, diagnostic centers, research institutes, and others.

Regional Analysis

The global mammography market covers the regions of the Americas, Europe, Asia Pacific (APAC), and the Middle East Africa (MEA).

The Americas is expected to dominate the global mammography market owing to prevalence of breast cancer and rise in healthcare expenditure. According to the WHO, breast cancer accounted for 2 million new cases globally in the region. Mobile mammography vans are being employed by major hospitals and educational institutions for creating awareness among women for getting regular check-ups. This is exemplified by a drive to be conducted by Upstate University Hospital in 2020.

Europe is set for a momentous growth streak owing to initiatives by governments and presence of well-establishment healthcare framework. Launch of new treatment options such as 3D mammography has increased the outcome of breast cancer surgeries.

On the other hand, APAC is expected to experience a robust growth rate during the forecast period due to a large patient pool and awareness of breast cancer. Presence of significant players such as Hologic is expected to influence the market and drive the adoption of latest machines by healthcare centers and breast cancer specialty centers.

Competitive Outlook

Koninklijke Philips NV, Siemens Healthcare, Metaltronica SpA, FUJIFILM Holdings Corporation, GENERAL MEDICAL ITALIA, Canon Inc., Villa Systems Medical SpA, GE Healthcare, Konica Minolta Business Solutions India Private Limited, BMI Biomedical International SRL, Carestream Health, Hologic, INC., PLANNED OY, and Gamma Medica, Inc. are key players in the global mammography market.

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Akash Anand

Market Research Future

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