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Advancements in Contrast Enhanced Digital Mammography (CEDM) Market Propel Breast Cancer Detection Technology Forward

03-05-2024 04:23 PM CET | Health & Medicine

Press release from: Transparency Market Research

Contrast Enhanced Digital Mammography (CEDM) Market

Contrast Enhanced Digital Mammography (CEDM) Market

The global Contrast Enhanced Digital Mammography (CEDM) Market is experiencing significant growth, driven by technological advancements and increasing awareness of breast cancer screening. According to recent analysis, the market is expected to reach a value of US$ 627.5 million by the end of 2027, with a projected Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period from 2019 to 2027.

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Key Players and Competitive Landscape:

Major companies dominating the CEDM market include Hologic, Inc., Planmed Oy, General Electric Company, Siemens Healthineers, and Allengers. These players are actively engaged in research and development to innovate new technologies that enhance breast cancer detection and diagnosis. The competitive landscape is characterized by a focus on improving image acquisition processes, reducing examination time, and enhancing the accuracy of diagnostic procedures.

Market Drivers and Trends:

The rise in breast cancer prevalence globally, coupled with government initiatives to promote breast cancer screening programs, is a significant driver for the CEDM market. Advancements in mammography software, including AI-powered image processing, are revolutionizing clinical confidence and efficiency in mammography systems. The integration of AI is particularly noteworthy, as it enables automatic detection of breast density and enhances image quality through advanced reconstruction algorithms.

Dual-energy CEDM techniques are gaining traction due to their superior contrast-to-noise ratio and spatial resolution compared to traditional methods. The combination of dual-energy CEDM with Munich Compact Light Source (MuCLS) is proving to be a breakthrough, offering better image quality and improved diagnostic capabilities.

Market Challenges and Opportunities:

Despite technological advancements, challenges such as low sensitivity in mammography persist. However, companies are investing in R&D to overcome these challenges and enhance image quality. Additionally, expanding operations in the Asia Pacific region presents significant growth opportunities, given the region's projected exponential growth in the CEDM market.

Future Outlook:

The future of the CEDM market looks promising, with continuous innovation driving advancements in breast cancer detection technology. As companies focus on improving image acquisition processes, reducing examination time, and enhancing diagnostic accuracy, stakeholders can expect greater accessibility to advanced screening and diagnostic tools, ultimately leading to improved patient outcomes.

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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