Press release
Digital Mammography Market Analysis, Future Prospects for 2024-2033
The digital mammography market size has grown rapidly in recent years. It will grow from $1.74 billion in 2023 to $1.95 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to increased breast cancer awareness, advancements in imaging accuracy, government initiatives and screening programs, rising incidence of breast cancer, patient preference for digital imaging.The digital mammography market size is expected to see rapidly grown in the next few years. It will grow to $2.91 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to integration with healthcare it systems, focus on preventive healthcare, advancements in breast imaging techniques, expanding geriatric population, global health initiatives..Major trends in the forecast period include implementation of full-field digital mammography (ffdm), digital breast tomosynthesis for screening and diagnosis, integration with picture archiving and communication systems (pacs), customization for specific patient groups, collaborative efforts in research and development.
Market Overview -
Digital mammography is an advanced medical imaging technique that captures and stores breast images for breast cancer screening and diagnosis. Digital mammography is used to diagnose breast cancer when abnormalities are discovered, to evaluate changes in breast tissue over time, and to help healthcare personnel during breast tissue biopsies ensure correct samples for subsequent examination and treatment planning.
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Rising Prevalence Of Breast Cancer Fuels Digital Mammography Market
The rising prevalence of breast cancer is expected to propel the growth of the digital mammography market going forward. Breast cancer refers to a condition in which abnormal breast cells proliferate uncontrollably and create tumors. Digital mammography is a screening and diagnostic method to detect early breast cancer. For instance, in October 2022, according to an article published by the American Cancer Society, a US-based non-profit organization for cancer, about 4.1 million American women had a history of breast cancer as of January 1, 2022. Further, there were approximately 287,850 new instances of invasive breast cancer in 2022. Therefore, the rising prevalence of breast cancer drives the digital mammography market.
Competitive Landscape -
Major companies operating in the digital mammography market report are Siemens Healthineers AG, Konica Minolta Inc., Philips Healthcare, Hologic Inc., Agfa-Gevaert N.V., Planmed Oy, Carestream Health Inc., Analogic Corporation, IBA Dosimetry GmbH, Barco Healthcare, Villa Sistemi Medicali, Teledyne DALSA Inc., Esaote S.p.A., Trivitron Healthcare, Fujifilm Medical Systems USA Inc., Canon Medical Systems Corp., Genoray Co. Ltd, DMS Imaging SA, Allengers Medical Systems Limited, Delphinus Medical Technologies Inc., Zebra Medical Vision Ltd., Metaltronica S.p.A., Fischer Medical Technologies LLC, IMS Internazionale Medico Scientifica Srl
Embracing 3D Imaging Technology For Enhanced Breast Cancer Detection
Major companies operating in the digital mammography market focus on developing innovative technology, such as 3D imaging technology, to provide reliable customer service. 3D imaging technology is the method for generating a three-dimensional image of an object. For instance, in October 2021, Dana-Farber, a US-based cancer treatment and research institution, launched a mobile mammography van. The new mobile screening van provides digital 3D mammography, also referred to as digital breast tomosynthesis (DBT). It has the most recent breast imaging technology called 3D imaging, which takes pictures of each breast from various angles using an X-ray machine that moves in a 30-degree arc.
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Key Segments -
The digital mammography market covered in this report is segmented -
1) By Product: 2D Full Field Digital Mammography Tomosynthesis, 3D Full Field Digital Mammography Tomosynthesis
2) By Application: Screening, Diagnosis
3) By End User: Hospitals, Diagnostic Centers, Other End Users
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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