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Mammography Workstations Market Size, Growth, Industry Trends, Top Players- Analogic Corporation, Canon, Inc, General Electric (GE) Co.

03-01-2024 09:33 AM CET | Health & Medicine

Press release from: SNS Insider Pvt Ltd

Mammography Workstations Market

Mammography Workstations Market

Mammography Workstations Market Report Scope & Overview :
Factors such as the increasing incidence of breast cancer, advances in imaging technologies and demand for workflow optimisation are driving a significant increase in mammography workstation sales. In order to improve diagnostic accuracy, enhance the efficiency of procedures and facilitate effective collaboration between healthcare professionals, mammography stations play a vital role. The market offers opportunities for integration into the Al, focusing on developing markets and technological developments in cloud solutions. Strategic partnerships, R&D investments and solutions to cost concerns will support future market growth in spite of the challenges posed by high costs and lack of accessibility. With continuous innovation and a patient-centric.

Based on SNS Insider's research, The report shall provide a comprehensive overview of the Mammography Workstation market to interested parties in this field. The report analyses complex data and presents the history and current status of this sector, which is expected to have a significant market size and trends.

Mammography Workstations Market Size :

The SNS Insider report indicates that the Mammography Workstations Market was valued at USD 143.94 million in 2022, and is expected to reach market size of USD 254.82 million by 2030, with a compound annual growth rate (CAGR) of 7.4% expected over the forecast period from 2023 to 2030.

Major Key Players :

→ Analogic Corporation
→ Canon, Inc
→ General Electric (GE) Co
→ Hologic, Inc
→ Fujifilm Holdings Corporation
→ Mindray Medical International Limited
→ Koninklijke Philips N.V.
→ Allengers Medical Systems Ltd.
→ Siemens AG (Siemens Healthineers)
→ Metaltronica S.p.A. and Other Players.

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Mammography Workstations Market Opportunities :

There are a number of reasons for this market, including an aging population and continued advances in technology. The government's screening programmes are expanding, and awareness of mammography is increasing. In the coming years, these factors are expected to increase the market. Technological advances in mammography equipment and the advent of artificial intelligence and machine learning are driving market developments.

IMPACT OF COVID-19

Due to mandatory lockdowns and other restrictions set by the relevant governing bodies in response to the recent COVID-19 outbreak, the activities of several industries have either temporarily ceased or are operating with small personnel. The worldwide mammography workstation market is no exception, and this factor is anticipated to have a detrimental effect on this market's revenue growth in the years to come.

Segmentation Analysis in Mammography Workstations Market :

The Global Market of Mammography Workstations is classified according to the product type as integrated and standalone workstations. The highest revenue share is expected to be accounted for by the Integrated Workstations segment over the forecast period. Mammography imaging, reading, and reporting can all be done at one time with integrated workstations. These workstations are equipped with automated image processing and built-in reporting tools, as well as high quality imaging and a fluid working process. Because of how easy it is to use and how convenient it is to have all the tools you need in one place, integrated workstations are a common option for healthcare professionals.

The global mammography workstation market is classified on the basis of application as diagnostic screening, early diagnosis and clinical research. The highest revenue share is projected to be held by the diagnostic screening segment over the forecast period. This is attributed to rising demand for early detection and diagnosis due to the global increase in incidence of breast cancer. Early detection of breast cancer using mammography screening has been shown to increase the likelihood of successful treatment. Moreover, a number of countries around the world have implemented programs aimed at raising awareness about breast cancer and encouraging women to regularly check for it, which is likely to increase revenue growth in this market.

Key Market Segmentation :

By Modality type
→ Multimodal
→ Standalone

By Application
→ Diagnostic screening
→ Advance imaging
→ Clinical review

By End-use
→ Hospitals
→ Breast care centers
→ Academia

Key Regional Development in Mammography Workstations Market :

Due to the widespread use of advanced mammography systems and an increasing incidence of breast cancer in this region, regional analyses indicate that North America is expected to account for the largest revenue share over the forecast period. The biggest contributor to the North America market is the United States, which has developed a healthcare infrastructure and high rates of adoption of innovative medicine. Moreover, the presence of large market players and increasing public awareness about breast cancer screening are forecast to lead to a growth for North American markets.

In view of the high incidence of breast cancer in this region and the growing use of digital mammography systems, the European market is expected to account for a significant revenue share over the forecast period. The UK, Germany and France are the dominant markets in Europe where market presence of key players and increasing awareness about breast cancer screening is one of the main factors contributing to revenue growth. In addition, increased government initiatives to promote breast cancer screening and the increasing use of digital mammography systems are expected to lead to a rise in regional demand for Mammography Workstations.

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Key Takeaway from Mammography Workstations Market Study :

Growing prevalence of breast cancer: The increasing incidence of breast cancer worldwide is a key driver for the mammography workstation market. In order to improve the survival rate of patients, early detection and correct diagnosis are essential; mammography equipment is needed for radiologists so that this can be achieved.
Advances in imaging technologies: Digital mammography and tomosynthesis have changed the way breast cancer is detected and diagnosed. Specialized algorithms and image processing techniques that allow radiologists to interpret these modern imaging modalities in an effective manner are offered by Mammography stations.

Recent Development Related to Mammography Workstations Market :

→ In February 2022, Biotheranostics, which specializes in molecular diagnostic tests for breast and metastatic cancer, has been acquired by Hologic Inc. The acquisition is expected to reinforce Hologic's product portfolio in the area of diagnosis and treatment for breast cancer.

→ In January 2022, the new AMULET X mammography workstation has been launched by Fujifilm Holdings Corporation, which provides patients with more accurate diagnosis and comfort. The workstation is equipped with FUJIFILM's patented digital Mammography technology, which offers excellent image quality and minimal radiation exposure.

Table of Contents

1.Introduction
2.Research Methodology
3.Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4.Impact Analysis
5.Value Chain Analysis
6.Porter's 5 forces model
7.PEST Analysis
8.Mammography Workstations Market Segmentation, By Modality type
9.Mammography Workstations Market Segmentation, By Application
10.Mammography Workstations Market Segmentation, By End-use
11.Regional Analysis
12.Company Profiles
13.Competitive Landscape
14.Conclusion

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Akash Anand - Head of Business Development & Strategy,
Info@snsinsider.com
Website: https://www.snsinsider.com/
Read our  other Healthcare Related Report

SNS Insider has been a leader in data and analytics globally with its authentic consumer and market insights. The trust of our clients and business partners has always been at the center of who we are as a company. We are a business that leads the industry in innovation, and to support the success of our clients, our highly skilled engineers, consultants, and data scientists have consistently pushed the limits of the industry with innovative methodology and measuring technologies.
We assist our clients to anticipate industrial, economic, and consumer trends to drive disruptive change by fusing global experience with local information from experts throughout the world. We bring context to strategic and tactical data by bridging approaches based on data science and field research, assisting you in addressing your most pressing problems and spotting possibilities.

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