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By 2023, Global Mammography Systems Market Will Grow USD 2.69 Billion by 2023

(July 12, 2018)
According to the report, global mammography systems market was valued at approximately USD 1.68 billion in 2017 and is expected to generate revenue of around USD 2.69 billion by the end of 2023, growing at a CAGR of around 8.1% between 2017 and 2023.

Zion Market Research  has published a new report titled “Mammography Systems Market by Type (Analog Mammography Systems, Digital Mammography Systems, and Breast Tomosynthesis Systems), By Technology (2D Mammography, 3D Mammography And Combined 2D And 3D Mammography) and By End Users (Hospitals, Ambulatory Surgical Centers, Educational & Research Institutes And Diagnostics Centers): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2023”. According to the report, global mammography systems market was valued at approximately USD 1.68 billion in 2017 and is expected to generate revenue of around USD 2.69 billion by the end of 2023, growing at a CAGR of around 8.1% between 2017 and 2023.

Mammography systems involve the use of low-energy ionizing radiations, such as X-ray, to detect unsuspected cancer. Healthcare organizations have undertaken numerous screening programs over the decade to decrease cancer-related mortality rates, worldwide. Healthcare organizations, such as American Medical Association, the National Cancer Institute, and the National Comprehensive Cancer Network recommend the use of routine screening mammograms for women above the age of 40 years to improve cancer screening participation to avoid the risk of developing breast cancer.

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The rising healthcare expenditure, the booming healthcare industry, and growing demand for regular monitoring are some of the pivotal factors expected to propel the demand for mammography systems. Also growing government initiatives to improve clinical interpretation and increase access to mammary gland cancer screening systems is one of the crucial factors expected to drive the demand for mammography systems market over the forecast period. However, radiation exposure risks and the generation of false positive or negative results are expected to impede the market growth.



Based on the type, the market for mammography systems is segmented into analog mammography systems, digital mammography systems, and breast tomosynthesis systems. Digital mammography systems segment is further sub-segmented into computed radiography systems and digital radiography systems. Digital mammography systems segment is expected to dominate the global mammography systems market during the forecast period. The growing demand for technologically advanced breast cancer screening and diagnostic equipment is one of the crucial factors expected to drive the market in the coming years. The presence of favorable reimbursement policies and growing government support in improving screening results are also some of the key attributes that account for the largest revenue share of the global mammography market.

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Based on technology, the market is segmented into 2D mammography, 3D mammography and combined 2D and 3D mammography. The 2D mammography segment is expected to dominate the global mammography systems market. 3D mammography system market is the fastest growing product segment. The presence of the Medical Imaging Modernization Act, 2015, is one of the pivotal factors up surging the demand for 3D systems in the coming years. The rising demand for highly specific screening equipment to reduce call-back visits, false alarm, and missed cancer diagnosis is also one of the main factors contributing to the upsurging demand. 

Based on the end user, the market is segmented into hospitals, ambulatory surgical centers, educational & research institutes and diagnostic centers. Hospital segment is anticipated to dominate the global mammography systems market in the future. 

Browse the full "Mammography Systems Market by Type (Analog Mammography Systems, Digital Mammography Systems and Breast Tomosynthesis Systems), By Technology (2D Mammography, 3D Mammography and Combined 2D and 3D Mammography) and by End Users for Hospitals, Ambulatory Surgical Centers, Educational & Research Institutes and Diagnostic Centers: Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2023" report at  https://www.zionmarketresearch.com/report/mammography-systems-market  

North America, Europe, Asia-Pacific, Latin America and Middle East & Africa are key regional segments of global mammography systems market. North America has sophisticated healthcare facilities, and the reimbursement coverage contributes to the large share of the region. Moreover, increasing number of mammography units in the hospitals & diagnostic centers and number of units per million women population in the U.S. is also expected to drive the market.

Some of the key players in mammography systems market include Hologic, Inc., Allengers Medical Systems Limited, FUJIFILM Holdings America Corporation, Konica Minolta, Inc., PLANMED OY, Siemens Healthcare Private Limited, Koninklijke Philips N.V., and GE Healthcare. 

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This report segments the global mammographic systems market as follows:

Global Mammography Systems Market: Type Segment Analysis

  • ·Analog Mammography Systems
  • ·Digital Mammography Systems
    • ·Computed Radiography Systems
    • ·Digital Radiography Systems
  • ·Breast Tomosynthesis Systems

 

Global Mammography Systems Market: Technology Segment Analysis

  • ·2D Mammography
  • ·3D Mammography
  • ·Combined 2D And 3D Mammography

 

Global Mammography Systems Market: End-User Segment Analysis

  • ·Hospitals
  • ·Ambulatory Surgical Centers
  • ·Educational & Research Institutes
  • ·Diagnostics Center

 

Global Mammography Systems Market: Regional Segment Analysis

  • ·North America
    • The U.S.
  • ·Europe
    • ·UK
    • ·France
    • ·Germany
  • ·Asia Pacific
    • ·China
    • ·Japan
    • ·India
  • ·Latin America
    • ·Brazil
  • ·The Middle East and Africa

 

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Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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