Mammography System Market Share, Development Strategy, Opportunities And Emerging Trends 2020-2027

Mammography System Market
Mammography System Market

The Mammography System report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.

Growing investments in the field of breast imaging and rising occurrences of breast cancer are among the significant factors influencing the market growth.

The global mammography system market is expected to reach USD 4,255.3 Million by 2027, according to a new report by Emergen Research. The market for mammography system is experiencing high demand attributed to the rising occurrence of breast cancer and the usage of mammogram in identifying masses/lesions and other abnormalities in the breasts. Breast cancer is the most commonly occurring cancer type in women with more than 2 million new breast cancer cases in 2018. The global breast cancer survival rates vary greatly, ranging from around 80% in North America, Japan, and Sweden to nearby 60% in middle-income nations and lower than 40% in low-income nations. Hence, the implementation of breast imaging to screen and detect malignant cells in the human breast is driving the demand for the mammography system market.

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Growing technological advancements and increased investments in the diagnosis of breast imaging are causative of the rapid growth of the mammography system market. Hologic’s Intelligent 2-D imaging technology and Clarity HD high-resolution 3-D imaging received premarket approval (PMA) from the U.S. FDA (Food and Drug Administration) and are obtainable on the 3Dimensions breast tomosynthesis system. With these advancements, the breast imaging system offers higher resolution 3-D breast images for radiologists, improved workflow for technologists, and a better mammography experience with low-dose alternatives for patients.

The report offers a complete analysis of the global Mammography System market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations.Hologic, Siemens Healthineers, Metaltronica, Philips Healthcare, Fujifilm, Mindray Medical International Limited, Planmed Oy, GE Healthcare, and IMS Sri, among others are some of the top companies profiled in the report.

To identify the key trends in the industry, click on the link below: https://www.emergenresearch.com/industry-report/mammography-system-market

Key Highlights From The Report

  • By product type, digital mammography system (full-field digital mammography (FFDM) system), in terms of revenue, contributed to the largest market share in 2019. It offers the advantage of magnification and adjustment of the images to pinpoint and precisely inspect the abnormalities. Further, the images can be transferred electronically to other physicians, radiologists, and breast surgeons, for analysis.
  • By usage, diagnosis is likely to grow at a faster rate in the forecast period. Diagnostic mammography finds use in the evaluation of a patient with a breast lump. Besides, diagnostic mammography may be performed post abnormal screening mammograms to assess the target area.
  • By end-users, diagnostics centers are projected to grow at the fastest rate of 10.0% in the forecast period. Diagnostic centers are fitted out with the requisite mammography system and specialist staff, as well as healthcare personnel, for assisting in the process of detecting diseases in women displaying specific symptoms.

North America contributed to the largest mammography system market share in 2019 and is expected to grow at a rate of 8.8% in the forecast period. The market dominance is owing to the higher acceptance of advanced technologies, well-established healthcare facilities, the surging incidence of breast cancer, and the enactment of numerous initiatives for raising awareness about breast cancer in the region.

The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Aerospace Materials Market market with regards to market share, market size, production and consumption ratio, product launches and R&D activities, investment opportunities, and presence of key players in the region.

The global Mammography System market report focuses on various national and international business development prospects, as well as competitive terrains of the worldwide market. The Mammography System market size estimation and forecasts detailed in this report are based on a thorough research methodology and are tailored according to the different conditions that create the demand for the global market.

Emergen Research has segmented the global mammography system market on the basis of product type, usage, end-users, and region:

Product Type Outlook (Revenue, USD Billion; 2017-2027)

  • Analog Systems
  • Digital Systems
  • Breast Tomosynthesis

Usage Outlook (Revenue, USD Billion; 2017-2027)

  • Screening
  • Diagnosis

End Users Outlook (Revenue, USD Billion; 2017-2027)

  • Hospitals & Clinics
  • Diagnostic Centers
  • Research Institutes

Thank you for reading our report. For further information or queries regarding the report or its customization, please connect with us. Our team will ensure you get a report well-suited to your requirements.

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Key point summary of the report:

  • The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
  • It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
  • The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
  • It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
  • Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.

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