The Global Mammography Systems Market size is expected to reach $3.6 billion by 2028, rising at a Market growth of 7.2% CAGR during the forecast period.
Mammography is a type of medical imaging approach that involves using a low-dose x-ray device to observe and identify malfunctions in the breasts. Breast cancer as well as other breast-related disorders can be detected more easily with mammography. Females can use these tests to detect and diagnose breast cancer.
Breast cancer is one of the most serious health problems that women face around the world. In the United States, for example, a significant number of new instances of invasive breast cancer would be identified in women in 2022, compared to fewer new cases of non-invasive breast cancer. Throughout their life, few of American women will get invasive breast cancer. The need for mammography systems is expected to rise as a result of this. Because of an increase in the prevalence of breast cancer, the increase in the geriatric population, and proactive measures by healthcare institutions to spread awareness about early diagnosis of breast cancer, this Market is likely to develop significantly over the forecast period.
Breast cancer was the most common type of cancer in 2020, according to a Globocan analysis, with a prevalence incidence of 11.7 percent. As per the same research, Asia had the highest prevalence rate for both sexes, followed by Europe, and North America. The increasing frequency of breast cancer is one of the key reasons for the predicted rise in demand for mammography systems, which can be utilized for diagnostic purposes.
As per data from the Centers for Disease Control and Prevention (CDC), breast cancer is amongst the most common cancers among women, irrespective of race or ethnicity. In women all over the world, it's also the third-leading cause of cancer death. Mammography makes it easier to diagnose breast cancer and other breast-related illnesses. Patients are only exposed to a little quantity of ionizing radiation because mammography uses x-rays to take images of the breast, as per the National Institute of Biomedical Imaging and Bioengineering (NIBIB). Patients are only exposed to a little quantity of ionizing radiation because mammography uses rays to take images of the breast, as per the National Institute of Biomedical Imaging and Bioengineering (NBIB).
Because of social distancing measures imposed by governments around the world, the COVID-19 pandemic had a tremendous impact on Mammography Companies. Hospital and healthcare services were radically reduced. Moreover, the COVID-19 pandemic had a substantial impact not only on the global economy but also on the operation of general hospital treatment for non-COVID-19 patients in hospitals all over the world. Because many hospitals & screening institutions were closed owing to lockdowns, it reduced the delivery of the mammography procedures. Cancer screening, cancer management visits, and cancer operations have all decreased significantly as a result of the COVID-19 pandemic.
The developments in female healthcare have contributed to the growth of the mammography systems Market . Women are predisposed to several diseases that are unique to the female gender. This has increased the medical industry's concerns about delivering high-quality care & analysis of diseases that affect women. For more than a decade, mammography systems are being used in the healthcare industry. Their technology and systems, on the other hand, have advanced dramatically in recent years. These evident developments in the construction, operation, and configuration of mammography systems are the result of evolving demands for diagnosing disorders of the breast. As a result, the mammography systems Market is expected to grow rapidly in the coming years.
They also have the benefit of soft-copy visual displays & soft-copy reading, both of which are easily transferable. Digital mammography screening is now available in many nations, including the United Kingdom, and provides greater accuracy, improved quality, and efficiency. As a result, even though digital mammography is six times more expensive than traditional methods, it is becoming the primarily preferred method of screening. When compared to analog systems, radiation exposure is drastically reduced. The most prevalent type of digital mammography is full-field digital mammography. It has the potential to lead to major improvements in breast cancer diagnostics, such as lower radiation doses, lowered breast compression pressure, and improved detection.
A modest amount of radiation is used in mammography. Based on the scale & compression of the breasts, the individual dose may vary. However, due to contemporary mammography techniques, particularly full-field digital mammography, the glandular dose has reduced dramatically over the last few decades and continues to do so. The risk of radiation can also be seen in people with aging 40 or above. In nowadays, a 50-year-old woman's natural lifetime risk of developing breast cancer is approximately 8.8%. A certain percentage of this risk may increase to 8.9% if a woman has biennial screening mammography between the ages of 50 and 69.
Based on Product Type, the Market is segmented into Analog and Digital. The Analog Mammography segment acquired highest revenue share in the mammography systems Market in 2021. Analog Mammography Devices are classic mammography systems that use film to capture x-ray pictures. Before viewing these films/detectors for a precise diagnosis of breast cancer, they must first be developed. An X-ray unit's analogue image detector is made up of three parts: an intensifying screen, X-ray film, and a light-proof container (cassette). This imaging system includes the developing apparatus, as well as reagents for photochemical processing of X-ray films (fixing agent, developer, water) and the dryer. X-ray film is made consisting of a thin, translucent, flexible polyester film (the X-ray film's base material) and a thin coating of photographic emulsion. The emulsion is coated with protective polymer layers & a dulling agent. Photosensitive elements are silver halide microcrystals. Quanta of X-ray or visible light radiation energy emitted by intensifying screens immediately transfer their energy to silver halide crystals.
Based on Modality, the Market is segmented into Portable and Non-Portable. The Non-Portable Mammography system segment procured significant revenue share in the mammography systems in 2021. If the practice is being performed in-house and there is a lack of space, a fixed unit may be more cost-effective because they include extra features like larger detectors & better compression mechanisms.
Based on End User, the Market is segmented into In-patient Settings and Ambulatory Surgical Centers. The Inpatient settings segment acquired highest revenue share in the mammography systems Market in 2021. Inpatient care is used to address conditions that necessitate the patient staying in a care facility for at least one night. Rehabilitation centres, acute care facilities, addiction treatment facilities, mental hospitals, and long-term care facilities are all included in this category. Additional facility-based fees apply to inpatient care. According to the most recent cost statistics from the Agency for Healthcare Research and Quality's Cost and Utilization Project, median national inpatient fees vary substantially depending on the length of stay & the therapy offered.
| Report Attribute | Details |
|---|---|
| Market size value in 2021 | USD 2.3 Billion |
| Market size forecast in 2028 | USD 3.6 Billion |
| Base Year | 2021 |
| Historical Period | 2018 to 2020 |
| Forecast Period | 2022 to 2028 |
| Revenue Growth Rate | CAGR of 7.2% from 2022 to 2028 |
| Number of Pages | 196 |
| Number of Tables | 324 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Companies Strategic Developments, Company Profiling |
| Segments covered | Product Type, Modality, End User, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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Based on Regions, the Market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. In 2021, North America procured the largest revenue share of the mammography system Market . Because of its well-established healthcare facilities, presence of top Market players, rising focus on developed healthcare infrastructure, preventive care, aging population, and an increasing number of product launches, the mammography systems Market in the United States is predicted to develop. In addition, advancements in imaging technology, rising breast cancer prevalence, and rising need for enhanced patient diagnostics in the United States & Canada are increasing the usage of mammography systems, resulting in increased demand for these goods. Hence, the regional Market is flourishing.
Free Valuable Insights: Global Mammography Systems Market size to reach USD 3.6 Billion by 2028
The major strategies followed by the Market participants are Partnerships. Based on the Analysis presented in the Cardinal matrix; General Electric (GE) Co. and Siemens AG are the forerunners in the Mammography Systems Market . Companies such as Fujifilm Holdings Corporation, Canon, Inc., Hologic, Inc. are some of the key innovators in the Market .
The Market research report covers the analysis of key stake holders of the Market . Key companies profiled in the report include Siemens AG, Fujifilm Holdings Corporation, Canon, Inc., General Electric (GE) Co., Hologic, Inc., Koninklijke Philips N.V., Metaltronica S.p.A., Allengers Medical Systems Ltd., Planmed Oy, and Konica Minolta, Inc.
By Product Type
By Modality
By End User
By Geography
The global mammography systems market size is expected to reach $3.6 billion by 2028.
Increasing Breast Cancer Incidence are increasing are driving the market in coming years, however, risks from radiation and other hazards growth of the market.
Siemens AG, Fujifilm Holdings Corporation, Canon, Inc., General Electric (GE) Co., Hologic, Inc., Koninklijke Philips N.V., Metaltronica S.p.A., Allengers Medical Systems Ltd., Planmed Oy, and Konica Minolta, Inc.
The Portable segment acquired the maximum revenue share in the Global Mammography Systems Market by Modality in 2021; thereby, achieving a market value of $1.9 billion by 2028.
The North America is the fastest growing region in the Global Mammography Systems Market by Region in 2021, and would continue to be a dominant market till 2028.
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