USD 1.9 billion
Mammography Systems Market Size, Share, Growth Analysis, By Type(Film Screen Systems, Digital Systems, Analog Systems, and 3D Systems), By Modality(Portable and Non-portable), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35A2350 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
62
|Figures:
75
Mammography Systems Market Insights
Mammography Systems Market size was valued at USD 2.1 billion in 2022 and is poised to grow from USD 2.31 billion in 2023 to USD 5.07 billion by 2031, at a CAGR of 10.3% during the forecast period (2024-2031)
Global Mammography Systems Market has witnessed significant growth in recent years due to the rising prevalence of breast cancer worldwide, which has increased the demand for efficient screening and diagnostic tools. Breast cancer is one of the most common types of cancer in women, and early detection is critical for successful treatment outcomes. Moreover, growing awareness about the importance of breast cancer screening and the implementation of organized breast cancer screening programs in several countries have further fueled the demand for mammography systems. Governments and healthcare organizations are actively promoting breast cancer awareness and screening initiatives, leading to increased adoption of mammography systems. Moreover, technological advancements have significantly improved mammography systems, making them more accurate, efficient, and comfortable for patients. Digital mammography, 3D mammography (tomosynthesis), and computer-aided detection (CAD) systems are some of the notable advancements that have enhanced the diagnostic capabilities of mammography systems. The global market is highly competitive and comprises several major players. Companies invest in research and development activities to introduce innovative products with advanced features, such as improved image quality, reduced radiation dose, and enhanced workflow efficiency. In conclusion, the global market is driven by the rising incidence of breast cancer, increased awareness about breast cancer screening, and technological advancements in mammography systems. The market is expected to continue growing as healthcare organizations and governments focus on early detection and improved patient outcomes in the fight against breast cancer.
US Mammography Systems Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Non-portable
Fastest Growth
Non-portable
Growth Rate
10.3% CAGR
Global Mammography Systems Market ($ Bn)
Country Share for North America Region (%)
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Mammography Systems Market Segmental Analysis
The global Mammography Systems market is segmented on the basis of type, modality, and region. By type, the market is segmented into Film Screen Systems, Digital Systems, Analog Systems, and 3D Systems. By modality, the market is segmented into portable and non-portable. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Mammography Systems Market Analysis By Type
The global Mammography Systems market can be segmented based on product types, including Film Screen Systems, Digital Systems, Analog Systems, and 3D Systems. Digital Systems have emerged as the dominating segment in the Global Mammography Systems Market. These systems offer numerous advantages over traditional Film Screen Systems and Analog Systems. Digital mammography systems capture and store images electronically, providing faster image acquisition, improved image quality, and the ability to enhance and manipulate images for better diagnostic accuracy. Digital systems also offer easier storage, sharing, and retrieval of patient data, contributing to streamlined workflow efficiency. Moreover, digital mammography systems integrate well with other digital healthcare technologies, facilitating seamless data integration and analysis. The market is witnessing a shift from analog and film-based systems to digital systems due to their superior performance, driving the dominance of this segment.
3D Systems, also known as Tomosynthesis, are experiencing the fastest growth in the Global Mammography Systems Market. 3D mammography systems provide a three-dimensional view of the breast, capturing multiple images at different angles. This technology overcomes the limitations of conventional 2D mammography by reducing the masking effect of overlapping breast tissue and improving the detection of subtle lesions. 3D systems offer enhanced diagnostic accuracy, particularly for women with dense breast tissue. They have shown promising results in reducing false-positive and false-negative results, leading to improved patient outcomes. The increasing adoption of 3D mammography systems is driven by the growing recognition of their benefits among healthcare providers and the rising demand for advanced breast cancer screening technologies. As a result, the 3D Systems segment is expected to exhibit robust growth in the coming years.
Analysis By Modality
The global Mammography Systems market can also be segmented based on the type of modality used, including portable and non-portable. The dominant segment in the global Mammography Systems market is the non-portable segment. Non-portable mammography systems hold a significant share in the global market. These systems are typically fixed installations in healthcare facilities, such as hospitals and diagnostic imaging centers. Non-portable mammography systems offer high image quality, advanced features, and a comprehensive range of functionalities for accurate and detailed breast imaging. They are often equipped with digital technology, including digital detectors and computer-aided detection (CAD) software, enhancing their diagnostic capabilities. The dominance of non-portable mammography systems can be attributed to their established presence in healthcare institutions and the preference for dedicated, high-performance imaging systems for breast cancer screening and diagnosis.
Portable mammography systems are experiencing rapid growth in the Global Mammography Systems Market. These systems are designed for mobility and can be easily transported to various clinical settings, including remote areas, mobile screening vans, and point-of-care locations. Portable mammography systems provide flexibility and accessibility, enabling healthcare providers to reach underserved populations and facilitate breast cancer screening in areas with limited infrastructure. The advancements in technology have resulted in the development of lightweight, compact, and battery-operated portable systems that offer high-quality imaging capabilities. The increasing demand for mobile and on-the-go healthcare services, along with the rising emphasis on early detection and prevention, are driving the adoption of portable mammography systems. Additionally, ongoing technological innovations and improvements in portable systems are further fueling their growth.
Global Mammography Systems Market By Modality
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Mammography Systems Market Regional Insights
The dominating region in the global Mammography Systems market is North America, which holds a significant market share. This can be attributed to well-established healthcare infrastructure, high awareness levels about breast cancer, and favorable reimbursement policies. The United States, in particular, plays a crucial role in driving the growth of the mammography systems market in North America. The country has advanced healthcare facilities, extensive breast cancer screening programs, and a large patient pool. Major market players are concentrated in this region, offering a wide range of mammography systems with advanced features. The presence of key research and development centers further contributes to the dominance of North America in the market.
Asia Pacific is experiencing rapid growth in the Global Mammography Systems Market. The region has witnessed significant improvements in healthcare infrastructure, increasing healthcare expenditure, and rising awareness about breast cancer screening. Countries like China, India, Japan, and South Korea are at the forefront of market growth in Asia Pacific. These countries have large populations and increasing incidences of breast cancer, creating a substantial demand for mammography systems. Additionally, governments and healthcare organizations are actively promoting breast cancer awareness campaigns and implementing organized screening programs, further driving market growth. Technological advancements and the entry of global market players in the region are also contributing factors.
Global Mammography Systems Market By Geography
- Largest
- Fastest
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Mammography Systems Market Dynamics
Mammography Systems Market Drivers
Increasing Prevalence of Breast Cancer
- The rising incidence of breast cancer worldwide is a major driver for the mammography systems market. Breast cancer is one of the most common types of cancer among women, and early detection plays a crucial role in improving treatment outcomes. The need for effective screening and diagnostic tools to detect breast abnormalities and facilitate early intervention is driving the demand for mammography systems.
Growing Awareness and Screening Programs
- There has been a significant increase in awareness about breast cancer and the importance of regular screening. Governments, healthcare organizations, and advocacy groups are actively promoting breast cancer awareness campaigns and implementing organized screening programs. These initiatives aim to educate women about the benefits of mammography and encourage regular screenings, leading to increased adoption of mammography systems.
Mammography Systems Market Restraints
High Cost of Mammography Systems
- Mammography systems can be costly to acquire and maintain, making them less accessible, especially in developing regions with limited healthcare budgets. The high cost of equipment, installation, and maintenance can be a deterrent for healthcare facilities and limit the adoption of mammography systems.
Radiation Exposure and Safety Concerns
- Mammography involves the use of ionizing radiation, albeit at low doses. Despite the benefits of early detection, there are concerns regarding radiation exposure and its potential long-term effects on patients. These safety concerns may lead to hesitancy among individuals to undergo mammography screening or limit repeated screenings, particularly for younger women.
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Mammography Systems Market Competitive Landscape
The global Mammography Systems market is highly competitive and characterized by the presence of several key players. The competitive landscape in the global market is characterized by intense competition among several major players. These companies strive to maintain their market position and gain a competitive edge through innovation, technological advancements, strategic partnerships, and geographic expansion. The competitive landscape is dynamic, with companies actively investing in research and development to introduce new products and technologies. Strategic collaborations, acquisitions, and partnerships are common strategies adopted by market players to expand their product portfolios, geographical reach, and customer base. Furthermore, the integration of artificial intelligence (AI) and machine learning algorithms in mammography systems has opened avenues for technology companies to enter the market. Start-ups and emerging players are leveraging AI to develop innovative solutions for early detection and accurate diagnosis. Overall, the competitive landscape in the global market is characterized by fierce competition, innovation-driven strategies, and a focus on delivering advanced and patient-centric solutions. The market is expected to continue witnessing intense competition as companies strive to meet the growing demand for accurate and efficient breast cancer screening and diagnosis.
Mammography Systems Market Top Player’s Company Profiles
- Fujifilm Holdings Corporation (Japan)
- Philips Healthcare (Netherlands)
- Hitachi, Ltd. (Japan)
- Shimadzu Corporation (Japan)
- Canon Inc. (Japan)
- Planmed Oy (Finland)
- Carestream Health (US)
- IMS Giotto S.p.A. (Italy)
- Metaltronica S.p.A. (Italy)
- Konica Minolta, Inc. (Japan)
- Agfa-Gevaert Group (Belgium)
- Toshiba Corporation (Japan)
- General Medical Merate S.p.A. (Italy)
- Allengers Medical Systems Limited (India)
- Genoray Co., Ltd. (South Korea)
- Perlong Medical Equipment Co., Ltd. (China)
- MEDI-FUTURE Co., Ltd. (South Korea)
Mammography Systems Market Recent Developments
- In May 2022, at the SBI/ACR Breast Imaging Symposium 2022, Volpara Health unveiled updated products for its integrated platform for the provision of individualised breast care. The mammography quality and reporting, volumetric breast density measures, and cancer risk assessment are all provided by Volpara's AI-driven breast software solutions.
- In January 2022, with the introduction of Transpara an AI Breast Care system, ScreenPoint Medical increased its reach in the United States and in 30 other countries.
Mammography Systems Key Market Trends
- Integration of Artificial Intelligence (AI): AI-based technologies, such as computer-aided detection and deep learning algorithms, are being integrated into mammography systems. AI has the potential to assist radiologists in interpreting mammograms, improving efficiency, and reducing false-negative and false-positive results.
- Expansion in Emerging Markets: Emerging economies, particularly in Asia-Pacific and Latin America, are witnessing significant market growth due to rising healthcare expenditure, improving healthcare infrastructure, and increasing awareness about breast cancer screening. These regions present untapped opportunities for market players.
Mammography Systems Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global Mammography Systems market analysis, the market is experiencing significant growth driven by factors such as the increasing prevalence of breast cancer worldwide and the growing awareness about the importance of early detection. Mammography systems are specialized medical imaging devices used to detect and diagnose breast diseases, particularly breast cancer. They utilize low-dose X-rays to create detailed images of breast tissue, aiding in the identification of tumors, calcifications, and other abnormalities. The market has been positively impacted by the implementation of organized breast cancer screening programs and the emphasis on breast cancer awareness by governments and healthcare organizations. Technological advancements, including digital mammography, 3D mammography (tomosynthesis), and computer-aided detection (CAD) systems, have improved the accuracy and efficiency of mammography systems. The market is highly competitive and dominated by major players investing in research and development to introduce innovative products with advanced features. While North America and Europe have traditionally held a strong market presence, emerging economies in Asia-Pacific, Latin America, and the Middle East are witnessing rapid growth due to increasing healthcare expenditure and improving healthcare infrastructure. In summary, the global market is driven by the rising incidence of breast cancer, growing awareness about screening, and technological advancements. The market is expected to continue growing as healthcare organizations and governments focus on early detection and improved patient outcomes in the fight against breast cancer.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 2.1 billion |
| Market size value in 2031 | USD 5.07 billion |
| Growth Rate | 10.3% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Mammography Systems Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Mammography Systems Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Mammography Systems Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Mammography Systems Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Mammography Systems Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Mammography Systems Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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