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Mammography Systems Market 2020 growth factors, latest trend and regional analysis of leading players by 2025

Author : Ronak Bora | Published Date : 2020-09-08 

Mammography Systems Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Mammography systems market is slated to register commendable growth owing to the increasing awareness about early detection of breast cancer and the availability of free breast screening initiatives across various regions of the world.

A team of European researchers has lately stated that getting a mammogram test on a regular basis can decrease the odds of women developing advanced and fatal breast cancers. As compared to those who did not opt for mammograms, the women who underwent the mammogram test depicted a 25 per cent lower rate of incidence of advanced breast cancer and also registered a 41 per cent lower rate of developing breast cancers that would go on to become deadly within 10 years.

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The mammography market has also seen a surge in 3D mammography equipment demand over the conventionally used 2D mammography systems. 3D mammograms are speculated to find more breast cancers and provide fewer false positives in comparison to 2D mammograms. The 3D mammogram has also received the approval of the U.S. Food and Drug Administration and has been authorized as a standard of care for the screening of breast cancer.

It is noteworthy to mention however, that despite the advent and popularity of 3D systems, 2D systems held close to 70% of mammography systems industry share in 2018, owing to their clear images and enhanced outcomes.

According the latest research conducted by GMI, mammography systems market is expected to surpass the USD 3.6 billion mark by 2025.

Increasing advancements in technology in the mammography systems market has opened doors to opportunities that would bolster industry expansion in the coming years. Key industry players are focusing on the development of image processing solutions that effectively help in breast imaging. In 2018, Fujifilm rolled out an image processing enhancement and a novel software for its ASPIRE Cristalle that has been developed for the augmentation of clinical imaging.

There has also been an increasing use of digital breast tomosynthesis and synthesized 2D technology for reducing the recall rate and effectively detecting the incidence of cancer in breast tissues. These advancements have been imperative to increase customer inclination towards advanced mammography systems and ensure significant reduction in mortality rate due to breast cancer.

Analog mammography is becoming increasingly popular due to its low dose usage of X-ray radiations and effective detection of changes into the tissue up to 1-2 mm in size. In 2018, the analog mammography systems segment accounted for a remarkable valuation of more than USD 135 million.

Analog mammography machines are cost-effective and generate images that can be converted into digital form with the help of computed radiography. These systems are considered to be an affordable alternative for underdeveloped countries looking for technologically advanced mammography equipment.

U.K. mammography systems industry is expected to register a CAGR of 8.8% over 2019-2025. Proliferating cases of obesity and high consumption of alcohol and cigarettes will increase the chances of women developing breast cancer. U.K. has a unified mammography screening program and is focused on proper mammogram reading in order to eliminate cases of false-positive results.

Cancer Research U.K. estimates that more than 2 million women undergo breast screening annually in the region. The availability of advanced mammography machines will encourage women to undergo early detection screening.

Rise in the establishment of diagnostic imaging centers and clinics is supporting the industry dynamics. The use of mammography equipment in diagnostic centers across developing countries such as India is growing due to the developments in the number of imaging centers. Increasing purchasing power among people in India has expanded their capacities to spend on healthcare services. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/mammography-systems-market

Partial Chapter of the Table of Content 

Chapter 4. Mammography Systems Market, By Product

4.1. Key segment trends

4.2. Analog systems

4.2.1. Market size, by region, 2014-2025 (USD Million)

4.3. Full Field Digital mammography systems

4.3.1. Market size, by region, 2014-2025 (USD Million)

4.4. Breast tomosynthesis systems

4.4.1. Market size, by region, 2014-2025 (USD Million)

Chapter 5. Mammography Systems Market, By Technology

5.1. Key segment trends

5.2. Screen film

5.2.1. Market size, by region, 2014-2025 (USD Million)

5.3. 2D mammography

5.3.1. Market size, by region, 2014-2025 (USD Million)

5.4. 3D mammography

5.4.1. Market size, by region, 2014-2025 (USD Million)

5.5. Others

5.5.1. Market size, by region, 2014-2025 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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