What is the global market size of Mammography Market?

Global Mammography Market size was valued at USD 2 million in 2021 and is poised to grow from USD 2.2 million in 2022 to USD 4.63 million by 2030, growing at a CAGR of 10.1% in the forecast period (2023-2030).

Who are the key vendors in the Global Mammography Market?

As there are only a few significant companies in the mammography business, it is a consolidated market. The top market competitors are concentrating on advancing technology and minimizing the negative impacts of operations. To sustain their position in the marketplace, industry participants are actively involved in a number of strategic activities. 'Hologic Inc.', 'Fujifilm Corporation', ' GE Healthcare ', ' Siemens Healthineers ', ' Koninklijke Philips N.V. ', ' Metaltronica S.p.A. ', ' Planmed Oy ', ' Carestream Health, Inc. ', ' BMI Biomedical International S.r.l. ', ' Allengers Medical Systems Ltd. ', ' General Medical Italia S.p.A. ', ' Amico JSC ', ' Delphinus Medical Technologies, Inc. ', ' Aurora Imaging Technology, Inc. ', ' CMR Naviscan Corporation ', ' Micrima Limited ', ' iCAD Inc. ', ' KUB Technologies Inc. ', ' Solis Mammography ', ' Siemens AG '.

What is the key driver of Global Mammography Market?

The market should improve due to the increase in elderly populations, proactive efforts by clinical consideration relationships to reveal problems with early signs of breast cancer growth, and an increase in the frequency of breast diseases. The demand for mammography equipment is also fueled by improved reimbursement policies, increased government funding for research into breast disease, and mechanical advancements like breast tomosynthesis, which makes it easier for women with dense breast tissue to recognize the development of breast cancer.

What is the key market trend for Global Mammography Market?

Many organizations have taken concrete steps to treat these infections since people with breast cancer are more likely to get the infection. According to a study by Dafina Petrova et al., which appeared in the September 2020 issue of Medicina Clnica Journal, the Spanish Society of Medical Oncology (SEOM), the Spanish Society of Radiation Oncology (SEOR), and the European Society for Medical Oncology (ESMO) have released some guidelines on how to modify treatment regimens in order to reduce risks for cancer patients. The updated regulations would offer more effective ways to conduct operations, which would enhance the therapies. The market for digital mammography is anticipated to expand in response to situations like these. Due to the better representation of low-contrast objects, wider dynamic change, and enhanced diagnostic quality of pictures, particularly when analyzing thicker breasts, the use of digital mammography is changing in an increasing number of nations.

Which region accounted for the largest share in Global Mammography Market?

With a revenue share of over 36.4% in 2021, North America led the world market and is predicted to rise at a significant rate throughout the forecast period. One of the main variables influencing the local market is the increasing prevalence of breast cancer. The American Cancer Society estimates that in 2020, there will be around 276,480 new cases of invasive breast cancer in women. In addition, it has been determined that 48,530 women have in situ breast cancer, and it is anticipated that this figure will increase in the upcoming years. Additionally, a lot of businesses have started to launch efforts to support breast cancer screenings.

Mammography Companies

Mammography Market Competitive Landscape

The mammography market is characterized by intense competition between global and regional players, each vying to grow its product offerings and strengthen its market presence. Competition with technology into continuous growth, strategic business, mergers and acquisitions, and focus on expanding penetration into the underserved regions. The market is organized and segmented into manufacturers of digital mammography systems, 3D mammography (tomosynthesis) devices, and artificial intelligence-assisted mammography solutions. The company has a strong presence in North America and Europe and has continued to invest in research and development (R&D) to remain at the forefront of innovation.

Mammography Market Top Player's Company Profiles

GE Healthcare
Hologic, Inc.
Konica Minolta Business Solutions India Private Limited
BMI Biomedical International SRL
Canon Inc
FUJIFILM Holdings Corporation
GENERAL MEDICAL ITALIA
Siemens Healthcare
Villa Systems Medical SpA.
Metaltronica

Mammography Market

FAQs

Global Mammography Market size was valued at USD 2 million in 2022 and is poised to grow from USD 2.2 million in 2023 to USD 4.63 million by 2031, growing at a CAGR of 10.1% in the forecast period (2024-2031).

One of the major drivers of the mammography market is the increasing incidence of breast cancer across the globe. As breast cancer is one of the most common cancers among women, early detection and prevention are of utmost importance and as a result, screening programs are being enacted by healthcare organizations and governments encourage breast screening, especially in developed countries. This improved awareness of early detection has brought about a massive demand for superior breast screening structures, using the marketplace ahead.

Switch to Artificial Intelligence (AI)-Assisted Mammography: AI tools are increasingly being followed in breast screening to help radiologists identify diffused abnormalities that can be overlooked all through the manual evaluation. A key fashion inside the mammography marketplace is the integration of artificial intelligence (AI) into breast screening structures. AI-assisted mammography can fast and accurately examine mammogram pix, improving the early detection and lowering the human errors.

The mammography market in North America accounted for the largest global revenue share of 35.80% in 2023. The rising incidence of breast cancer in this region is one of the major factors driving the market growth but 56,500 breast cancers have been diagnosed there in women, and the number of breast cancer cases is predicted to rise in the coming years. Owing to the high prevalence of breast cancer and major market players in the country, North America accounted for the largest share in the market growth in the regional market in 2023. These factors are expected to drive the demand for breast screening devices and thus support the market growth.

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Mammography Market Size, Share, Growth Analysis, By Type (Screening Mammography, Diagnostic Mammography), By Product (Film Screen Systems, Digital Systems), By Technology (Breast Tomosynthesis, CAD Mammography), By End Use, By Region - Industry Forecast 2024-2031

Mammography Market Competitive Landscape

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Mammography Market Size, Share, Growth Analysis, By Type (Screening Mammography, Diagnostic Mammography), By Product (Film Screen Systems, Digital Systems), By Technology (Breast Tomosynthesis, CAD Mammography), By End Use, By Region - Industry Forecast 2024-2031

Mammography Market Competitive Landscape

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What is the global market size of Mammography Market?

Who are the key vendors in the Mammography Market?

What is the key driver of Mammography Market?

What is the key market trend for Mammography Market?

Which region accounted for the largest share in Mammography Market?

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