The mammography equipment market is expected to reach USD 5.63 billion by 2028, registering a CAGR of 10.6% over the forecast period, according to the latest report by Reports and Data. Major factors driving market revenue growth are rising prevalence of breast cancer and growing awareness about significance of early detection of breast cancer. In addition increasing risk of breast cancer among women due to unhealthy lifestyle is expected to boost demand for breast cancer imaging tools.
Patients are exposed to a certain amount of radiation during mammography, which helps to protect them from harmful radiation side effects. Mammography is used to detect breast cancer and tumours. It can also help understand normal and abnormal breast structures. A screening test is used when there are no signs of breast cancer or tumour, while a diagnostic test is used to assess the cause of specific symptoms. These tests help with disease diagnosis, prevention, and even cure.
Breast cancer is the most common cancer in American women, according to the American Cancer Society (ACS). In the US, a woman’s lifetime risk of contracting breast cancer is about 12%, and her risk of dying from breast cancer is about 2.6 percent. In addition, patients experience better results and have high chances of cure on early detection of cancer., which has boosted the mammography equipment. Some of the prominent players in the mammography equipment market include –
Hologic, Inc., GE Healthcare, Analogic Corporation, Fujifilm Holdings Corporation, Siemens Healthcare and Philips Healthcare.
Some Key Highlight in the Report –
- The 3D mammography segment is expected to account for the largest market share over the forecast period.
- The breast tomosynthesis system segment is expected to register a significant CAGR among the product segments during the forecast period.
- The hospitals segment accounted for the largest revenue share among the end use segments in the global market in 2020.
- The revenue from North America mammography equipment market is expected to grow at a significantly high rate over the forecast period.
- Owing to rising prevalence of breast cancer in countries including Belgium, Denmark, and France and increasing per capita healthcare spending, the Europe mammography equipment industry follows North America in terms of market share.
- Asia Pacific is expected to hold considerable revenue share in the mammography equipment market due to rising prevalence of cancer.
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For the purpose of this report, Reports and Data has segmented the global mammography equipment market on the basis of technology, product, end user and region –
Technology Outlook (Revenue, USD Billion; 2018 – 2028)
- Screen Film
- 2D Mammography
- 3D Mammography
Product Outlook (Revenue, USD Billion; 2018 – 2028)
- Analog Systems
- Full Field Full Digital Mammography Systems (FFDM)
- Breast Tomosynthesis System
End User Outlook (Revenue, USD Billion; 2018 – 2028)
- Hospitals
- Ambulatory Surgical Centers
- Others
Regional Outlook (Revenue, USD Billion; 2018 – 2028)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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