Press release
Mammography Market is projected to reach a Revenue of US$ 6.9 Billion by 2033 at a CAGR of 11.6% from 2023 to 2033
The mammography market is a significant segment of the global medical imaging industry, focused on the detection and diagnosis of breast cancer. Mammography involves using low-dose X-rays to produce images of the breast tissue, which can help identify abnormalities such as tumors, cysts, or other masses. The market for mammography includes both equipment and software, as well as related accessories and services.Newly-released Mammography industry analysis report by Persistence Market Research shows that global sales of Mammography in 2022 were held at US$ 2.1 Billion. With a CAGR of 11.6% from 2023 to 2033, the market is projected to reach a valuation of US$ 6.9 Billion by 2033. Digital Systems are expected to be the highest revenue-generating product type, which is expected to grow at a CAGR of 11.6% from 2023 to 2033.
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The global mammography market has been growing steadily in recent years, and is projected to continue to do so in the coming years. Factors driving this growth include an aging population, increasing awareness about breast cancer, and advancements in technology that have improved the accuracy and efficiency of mammography.
One of the major trends in the mammography market is the shift towards digital mammography. Digital mammography involves using digital X-ray technology to produce high-quality images of the breast tissue, which can be stored and viewed electronically. This technology has several advantages over traditional film mammography, including faster image acquisition, improved image quality, and the ability to manipulate and enhance images.
Companies
FUJIFILM HOLDINGS CORPORATION
HOLOGIC INC.
KONINKLIJKE PHILIPS N.V.
SIEMENS HEALTHCARE GMBH (SIEMENS HEALTHINEERS)
CANON MEDICAL SYSTEMS CORPORATION
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Another trend in the market is the development of new and innovative mammography equipment and software. Manufacturers are introducing new features such as 3D imaging, automated breast ultrasound, and computer-aided detection to improve the accuracy and efficiency of mammography. In addition, some manufacturers are developing mobile mammography units that can be deployed in remote or underserved areas, providing greater access to screening services.
The mammography market is also experiencing significant growth in emerging markets, such as Asia-Pacific and Latin America. These regions have large populations and a growing burden of breast cancer, and an increasing number of people are seeking mammography services. In addition, many of these countries are investing in healthcare infrastructure, which is creating new opportunities for manufacturers to introduce their products to the market.
Despite the promising outlook, the mammography market is not without its challenges. One of the major obstacles is the high cost of mammography equipment and services, which can be a barrier for some patients and healthcare providers. In addition, there is a risk of false positives and false negatives, which can lead to unnecessary biopsies or missed diagnoses.
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Market Segments Covered in Mammography Industry Analysis
By Product Type
Film Screen Systems
Digital Systems
Analog Systems
Biopsy Systems
3D Systems
By Technology
Breast Tomosynthesis
CAD
Digital
By Region
North America
Latin America
Europe
APAC
MEA
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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