Mammography Market

The global mammography market is estimated to be valued at USD 2.60 Bn in 2024 and is expected to exhibit a CAGR of 10.2% during the forecast period (2024-2031). The global mammography market has witnessed substantial growth over the past few years owing to the rising prevalence of breast cancer worldwide. Breast cancer is one of the leading causes of cancer-related deaths among women. According to the World Health Organization (WHO), it was stated that around 2 million new cases of breast cancer were diagnosed in 2020. Early detection is crucial as it can significantly improve the chances of successful treatment. Mammography allows doctors to detect tumors that cannot be felt during a physical exam and may be too small to see or feel. It provides a detailed view of the inside of the breast and helps identify any abnormalities, which has contributed to the growing adoption of mammography screening across various countries. Advancements in digital mammography technologies have further augmented the market growth.

Market Dynamics:

The global mammography market is primarily driven by the rising incidence of breast cancer, growing public awareness regarding early cancer detection, favorable government initiatives to promote screening programs, and technological advancements. According to the American Cancer Society, there were around 1.4 million newly diagnosed breast cancer cases in 2021. Early detection through mammography screening can detect cancer at an early stage when treatment is most effective. Various governments also support routine screening. However, the high cost of mammography systems, lack of awareness in low-income countries, and disadvantages of radiation exposure associated with mammograms are some of the factors hindering the market growth. Meanwhile, ongoing technological upgrades such as 3D mammography, whole-breast ultrasound, and artificial intelligence are expected to provide new opportunities for players in the mammography market.

Key Features of the Study:

• This report provides an in-depth analysis of the global mammography market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global mammography market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study Carestream Health, Siemens Healthineers, Planmed Oy, Konica Minolta Inc., Metaltronica SpA, Koninklijke Philips N.V., General Medical Merate SpA, Hologic Inc., GE Healthcare, Fujifilm Holdings Corporation, Analogic Corporation, Canon Medical Systems Corporation, and Toshiba Medical Systems.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global mammography market caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global mammography market.

Detailed Segmentation-

• By Product Type:
  • Digital Systems
  • Analog Systems
  • Film Screen Systems
  • Others
• By Technology:
  • Breast Tomosynthesis
  • CAD Mammography
  • Digital Mammography
• By End User:
  • Hospitals
  • Specialty Clinics
  • Diagnostic Centers
  • Others
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

Company Profiles:

• Carestream Health
• Siemens Healthineers
• Planmed Oy
• Konica Minolta Inc.
• Metaltronica SpA
• Koninklijke Philips N.V.
• General Medical Merate SpA
• Hologic Inc.
• GE Healthcare
• Fujifilm Holdings Corporation
• Analogic Corporation
• Canon Medical Systems Corporation
• Toshiba Medical Systems