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Mammography Systems Market Rising Trends, Demand Analysis, Business Opportunities, Industry Size And Forecast To 2033

Mammography Systems Market Overview

Mammography Systems Market Overview

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Mammography Systems Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $3.53 billion In 2028 At A CAGR Of 9.0% :

The mammography systems market size has grown strongly in recent years. It will grow from $2.30 billion in 2023 to $2.50 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to increasing prevalence of breast cancer, increasing government initiatives and programs promoting breast cancer, favorable reimbursement policies, and increased awareness about the importance of early detection of breast cancer.

The mammography systems market size is expected to see strong growth in the next few years. It will grow to $3.53 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to increasing adoption of 3D mammography, increasing healthcare expenditure, shift towards digital mammography systems, expansion of market presence in emerging markets with improving healthcare infrastructure, and growing focus on preventive healthcare and early disease detection. Major trends in the forecast period include the integration of AI algorithms into mammography systems, the adoption of 3D tomosynthesis, mobile mammography units, AI-driven diagnostics, telemedicine, and remote monitoring.

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Mammography Systems Market Major Segments
The mammography systems market covered in this report is segmented -

1) By Product: Analog Systems, Full Field Digital Mammography Systems, Breast Tomosynthesis Systems
2) By Technology: Screen Film, 2D Mammography, 3D Mammography, Other Technologies
3) By Modality: Portable Mammography Systems, Non-Portable Mammography Systems
4) By End-User: Hospitals, Ambulatory Surgical Centers, Other End-Users

Key Driver - The Surge In Breast Cancer Cases Fueling Demand For Mammography Systems

The rise in cases of breast cancer is expected to propel the mammography systems market going forward. Breast cancer refers to the abnormal growth of cells in the breast tissue, which can form a tumor that may be malignant and has the potential to spread to other parts of the body. The rise in breast cancer cases is due to changes in lifestyle factors, the aging population, inherited genetic mutations, and hormonal factors. Mammography systems are indispensable tools in the fight against breast cancer, enabling early detection, accurate diagnosis, and effective management strategies that ultimately improve patient outcomes and survival rates. For instance, in January 2023, according to the American Cancer Society, a US-based nonprofit cancer advocacy organization, the number of breast cancer cases increased from 284,200 in 2021 to 300,590 in 2023, reflecting a growth of 5.76%. Therefore, the rise in cases of breast cancer is driving the growth of the mammography systems market.

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Prominent Trend - Advancements In AI-Powered Mammography Systems

Major companies operating in the mammography systems market are focusing on developing artificial intelligence (AI)-powered mammography systems such as Amulet Sophinity to enhance diagnostic accuracy, streamline workflow, and improve patient outcomes. Amulet Sophinity is an AI-powered digital mammography system used to enhance the accuracy and comfort of breast cancer diagnostics. For instance, in February 2024, Fujifilm Holdings Corporation, a Japan-based company that develops and provides medical imaging and diagnostic solutions, launched Amulet Sophinity. It is a digital mammography system with low dose, high image quality, and improved workflow features, including artificial intelligence (AI) technology. It aims to support dual-angle tomosynthesis with sharp image reconstruction for better calcification detection. It includes a projection function using AI to guide breast positioning based on previous mammography images.

Mammography Systems Market Players
Major companies operating in the mammography systems market report are Toshiba Corporation; Siemens Healthineers AG; Fujifilm Holdings Corporation; Koninklijke Philips N.V.; GE Healthcare Inc.; Delphinus Medical Technologies Inc.; Konica Minolta Inc.; Hologic Inc.; Carestream Health Inc.; Varex Imaging Corporation; Analogic Corporation; Canon Medical Systems Corporation; Genoray Co. Ltd.; Planmed Oy; General Medical Merate SpA; Allengers Medical Systems Limited; BET Medical; Arcoma AB; BMI Biomedical International Ltd.; Apex Medical Systems Pvt. Ltd.; Metaltronica S.p.A.; Perlong Medical Equipment Co. Ltd.; Sequoia Healthcare Pvt. Ltd.; DRGEM Corporation

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Largest And Fastest Growing Region In The Market
North America was the largest region in the mammography systems market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mammography systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Mammography Systems Market Report Structure
3. Mammography Systems Market Trends And Strategies
4. Mammography Systems Market - Macro Economic Scenario
5. Mammography Systems Market Size And Growth
…..
27. Mammography Systems Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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