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.
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Detailed Segmentation-
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Table of Contents
*Browse 24 market data tables and 28 figures on "Mammography Market” - Global forecast to 2031
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