UK markets closed
  • NIKKEI 225

    27,753.37
    -182.25 (-0.65%)
     
  • HANG SENG

    23,788.93
    +130.01 (+0.55%)
     
  • CRUDE OIL

    66.76
    +1.19 (+1.81%)
     
  • GOLD FUTURES

    1,766.40
    -17.90 (-1.00%)
     
  • DOW

    34,723.56
    +701.52 (+2.06%)
     
  • BTC-GBP

    42,602.62
    -962.99 (-2.21%)
     
  • CMC Crypto 200

    1,438.84
    -0.04 (-0.00%)
     
  • ^IXIC

    15,390.27
    +136.22 (+0.89%)
     
  • ^FTAS

    4,063.89
    -25.30 (-0.62%)
     

Global Mammography Market Trends and Outlook to 2028, Featuring Key Players Philips Healthcare, Siemens Healthineers, Toshiba Medical Systems, GE Healthcare and Metaltronica

·3-min read

Dublin, Nov. 19, 2021 (GLOBE NEWSWIRE) -- The "Global Mammography Market Size, Share & Trends Analysis Report by Product (Film Screen Systems, Digital Systems, Analog Systems, Biopsy Systems, 3D Systems), by Technology, by Application, by Region, and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering.

The global mammography market size is expected to reach a value of USD 3.8 billion by 2028, expanding at a CAGR of 10% from 2021 to 2028.

The market growth can be attributed to the rising initiatives by various governments and NGOs to raise awareness about early diagnosis of microcalcifications in breast tissue. Some significant organizations such as the National Breast Cancer Foundation, CDC, and Breast Cancer Organization are promoting the early diagnosis of mammary gland calcification, which is one of the crucial factors expected to drive the demand over the forecast period.

Based on a report published by the National Cancer Institute in 2015, it was stated that the proportion of women aged 45 to 65 years had increased to 81.1% in breast cancer screening. Major mammography manufacturers are introducing new products and increasing the number of approved products, which is further expected to impel the demand in the coming years.

In January 2016, FDA approved a new manual for digital mammography quality control by the American College of Radiology. The growing number of awareness campaigns to promote womens' health services is also anticipated to propel growth.

Some of the key industry players are Fujifilm; Hologic; Philips Healthcare; Siemens Healthineers; Toshiba Medical Systems Corporation; GE Healthcare; Metaltronica; PLANMED OY; Mindray Medical International Limited; and IMS srl.

Market Dynamics

Market driver analysis

  • High incidence of breast cancer

  • Favorable government initiatives

  • Introduction of innovative technology-based products

Market restraint analysis

  • High cost of mammography systems

  • Stringent regulatory policies

Mammography Market Report Highlights

  • Digital systems dominated the product segment in 2015 owing to the wide availability of digital breast screening devices and presence of favorable reimbursements for such devices

  • Digital mammography dominated the application segment in 2015 due to growing awareness regarding digital technology and increasing adoption of such technology for better diagnosis

  • In 2015, North America dominated due to the increasing adoption of technologically advanced screening devices and upsurging number of approvals of 3D systems

  • Asia Pacific and Latin America are the two fastest-growing regional segments, because of the higher mammary gland cancer prevalence and growing number of government campaigns to improve screening results


Companies Mentioned

  • Fujifilm Holdings Corporation

  • HOLOGIC Inc.

  • Koninklijke Philips N.V.

  • Siemens Healthcare GmbH (Siemens Healthineers)

  • Canon medical systems CORPORATION

  • METALTRONICA S.P.A.

  • IMS S.r.l

  • GE Healthcare

  • Planmed Oy

  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd

For more information about this report visit https://www.researchandmarkets.com/r/bm86iz

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting