Mammography Market Evolution: Projections Pointing Towards USD 4.25 Billion by 2029


Posted April 2, 2024 by MMRNiranka

Mammography Market was valued at USD 2.13 Billion in 2022, and it is expected to reach USD 4.25 Billion by 2029, exhibiting a CAGR of 10.3% during the forecast period (2023-2029)
 
Mammography Market Overview:

The purpose of this study is to provide an in-depth analysis of the Mammography Market by component, application, industry, and geography. The study provides detailed information on the major factors influencing the growth of the Mammography industry. The study also provides a thorough examination of the market's value chain.

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Mammography Market Scope:

The research method used to assess and forecast the Mammography market begins with gathering revenue data from key suppliers using secondary research sources. When defining market segmentation, vendor offerings are also considered. Using the bottom-up method, the income of major corporations was utilized to assess the total size of the Mammography market.

Mammography Market Drivers:

Rising Occurrence of Breast Cancer: One of the main reasons of the mammography market's growth is the rising prevalence of breast cancer in the world. For example, according to a Globocan report, breast cancer had a prevalence rate of 11.7 percent, making it the most dominant type of cancer. The same survey found that Asia had the biggest number of affected people 3,218,496 (41.3%), followed by Europe 2,138,117 (27.4%), and North America 1,189,111 in terms of the five-year estimated prevalence for both sexes (15.3 %).

Furthermore, the WHO estimates that 627,000 women across the globe died from breast cancer in 2022, and that the incidence of breast cancer is greater among women in developed nations than in developing ones. Similar to this, according to Cancer Organization India, 25.0% of all female cancer cases in 2022 included the mouth and breast. Additionally, the Susan G. Komen Breast Cancer Foundation, Inc. estimates that 41,760 women will lose their lives to breast cancer in 2019.

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Mammography Market Segmentation:

by Product

Film Screen Systems
Digital Systems
Analog Systems
Biopsy Systems
3D Systems

by Technology

Breast Tomosynthesis
CAD
Digital

by Modality

Portable
Non-Portable

by End-use

Hospitals
Specialty Clinics
Diagnosis Centers
Others

Mammography Market Key Players: The key players are

1. Hologic Inc.
2. Analogic Corporation,
3. Canon Medical Systems Corporation
4. Fujifilm Corporation
5. Siemens Healthcare
6. Toshiba Medical Systems
7. Metaltronica
8. Koninklijke Philips NV
9. PLANMED OY
10. Allengers Medical Systems Ltd
11. General Electric Company
12. Konica Milota Inc.
13. Gamma Medica Inc.
14. Carestream Health
15. BMI Biomedical International SRL
16. General Medical Italia
17. Villa Systems Medical SpA

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Mammography Market Regional Analysis:

Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.

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COVID-19 Impact Analysis on Mammography Market: The report also includes the detailed impact of COVID-19 on the Mammography market.


Key Questions Answered in the Mammography Market Report are:

Which segment had the largest share in the Mammography market?
How is the competitive scenario of the Mammography market in 2020?
Which are the key drivers impacting the Mammography market growth?
Which region holds the maximum share in the Mammography market?
What will be the CAGR of the Mammography market during the forecast period (2021-2027)?
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Mammography Market, Mammography Market Size, Mammography Market Share, Mammography Market Scope, Mammography Market Trend, Mammography Market Analysis, Mammography Market Demand, Mammography Market Growth,
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Last Updated April 2, 2024