Mammography System Market Size Worth USD 5.36 Billion in 2032 | Emergen Research

Vancouver, Nov. 30, 2023 (GLOBE NEWSWIRE) -- The global mammography system market is expected to reach USD 2.19 Billion by 2022, 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.

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.

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Scope of Research

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Major Companies and Competitive Landscape

The global mammography system market is fairly fragmented with many large and medium-sized players accounting for the majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective mammography system products.

 Some major players included in the global mammography system market report are:

• Hologic, Inc.
• Siemens Healthcare GmbH
• Metaltronica S.p.A
• Koninklijke Philips N.V
• Fujifilm Corporation
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd
• PLANMECA OY
• Toshiba International Corporation
• GE Healthcare
• IMS Giotto S.p.A

Strategic Development

• On 21 September 2023, Hologic Inc. and Bayer announced a global collaboration aimed at providing CEM solutions to enhance the identification of breast cancer among women in various countries spanning the European, Canadian, and Asia Pacific regions. The objective of a new agreement between Bayer and Hologic is to provide radiologists and their teams with an optimal level of support which is expected to be achieved through the provision of a comprehensive product package and the necessary hands-on training to successfully incorporate CEM into their facility's workflow.

• On 29 September 2023, the Catawba Valley Medical Center (CVMC) announced its partnership with MDsave to increase the accessibility and affordability of preventive care for residents of the Catawba Valley. The combined price of the 3D screenings from CVMC and MDsave will be USD 149. Individuals without insurance, those with very high deductible plans, or those without coverage for screening mammography are the target audience for collaboration. Everything related to the screening mammogram is included in the price, including facility and doctor fees.

 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.

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Segments Covered in Report

For the purpose of this report, Emergen Research has segmented the global mammography system market on the basis of product, modality, technology, end-use, and region:

• Product Outlook (Revenue, USD Billion; 2019-2032)
  • Analog mammography system
  • Digital mammography system
    1. Computed radiography mammography system
    2. Digital radiography mammography system
  • Breast tomosynthesis

• Modality Outlook (Revenue, USD Billion; 2019-2032)
  • Portable mammography system
  • Non-Portable mammography system

• Technology Outlook (Revenue, USD Billion; 2019-2032)
  • 2-D technology
  • 3-D technology
  • Combined 2-D and 3-D technology

• End-Use Outlook (Revenue, USD Billion; 2019-2032)
  • Hospitals
  • Ambulatory surgical centers
  • Diagnostic centers

• Regional Outlook (Revenue, USD Billion; 2019–2032)
  • North America
    1. U.S.
    2. Canada
  • Europe
    1. Germany
    2. France
    3. U.K.
    4. Italy
    5. Spain
    6. Benelux
    7. Russia
    8. Rest of Europe
  • Asia Pacific
    1. China
    2. Japan
    3. South Korea
    4. India
    5. ASEAN Countries
    6. Oceania
    7. Rest of APAC
  • Latin America
    1. Brazil
    2. Mexico
    3. Rest of LATAM
  • Middle East & Africa
    1. GCC Countries
    2. Israel
    3. Turkey
    4. South Africa
    5. Rest of MEA

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