Published Date: 8-Dec-2020
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According to a new report Global Mammography Workstation Market, published by KBV research, The Global Mammography Workstation Market size is expected to reach $213.3 Million by 2026, rising at a market growth of 10.2% CAGR during the forecast period.
The diagnosis screening segment led the market for mammography workstations and have the largest revenue share in the year 2019. The high share of the market in this segment is mainly due to the increasing use of mammography workstations for the purpose of diagnostic screening. The advanced imaging segment is likely to grow at a profitable growth rate in the foreseeable period. The extraordinary growth rate of this segment is largely accredited to the more adoption of these devices in the detection and treatment of breast cancer and the launch of more innovative and advanced products.
The hospital segment ruled the market for mammography workstations and has the largest revenue share in the year 2019. This is due to the increasing number of breast screenings. Furthermore, growing healthcare funding and numerous government changes are also boosting the growth of this segment. The breast care center segment is expected to propagate at the fastest pace in the coming years. The crucial driver of the segment is the increasing consciousness about breast care centers and the growing breast centers network.
North America led the market for mammography workstations in the year 2019 and accounted for a significant revenue share and is anticipated to continue its dominance over the foreseeable period. The market in the Asia Pacific is expected to show the fastest growth rate in the coming years. The increasing geriatric population and growing awareness for early detection of breast cancer are some of the major factors that are contributing to market growth. The incidences of breast cancer are lesser in the Asia Pacific region compared to its western counterpart.
Structural Insights: https://www.kbvresearch.com/mammography-workstation-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of General Electric (GE) Co. (GE Healthcare), Koninklijke Philips N.V., Siemens AG (Siemens Healthineers), Canon, Inc. (Canon Medical Systems Corporation), Fujifilm Holdings Corporation, Hologic, Inc., Mindray Medical International Limited, Metaltronica S.p.A., Allengers Medical Systems Ltd., and Analogic Corporation (Altaris Capital Partners).
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