Mammography Market is projected to witness lucrative growth by reaching up to USD 5.3 billion in 2031 | Hologic Inc., General Medical Merate SpA, Konica Minolta Inc., Planmed Oy, Siemens Healthineers

Global Mammography Market reached USD 2.5 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 5.3 billion in 2031. The global mammography market is expected to exhibit a CAGR of 10.1% during the forecast period 2024-2031.

Mammography Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Mammography is primarily used for breast cancer screening and detection but is also effective in diagnosing and assessing other breast conditions, such as lumps or cysts. During the procedure, the breast is compressed between two plates to capture detailed images.

As a non-invasive and relatively low-risk procedure, mammography may cause some discomfort or pain for certain individuals. Regular screenings are recommended for women over 40 or younger individuals at high risk of breast cancer. Additionally, factors such as the rising prevalence of breast cancer, advancements in mammography technology, increasing health awareness, and government initiatives are expected to drive market growth in the coming years.

List of the Key Players in the Mammography Market: Fujifilm Holdings Corporation, GE Healthcare, Hologic Inc., General Medical Merate SpA, Koninklijke Philips NV, Metaltronica SpA, Konica Minolta Inc., Planmed Oy, Siemens Healthineers, Carestream Health and Canon Medical Systems.

Industry Development:

On April 25, 2022, DetectedX and GE Healthcare formed an educational agreement to increase access to the Radiology Online Learning Platform from DetectedX, fostering global excellence in diagnostic accuracy. The online self-assessment courses were created to enhance radiologists' capacity to accurately identify breast lesions in 2D and 3D mammography and they have been demonstrated to reduce recall rates and improve cancer detection by over 34%.

On May 15, 2023, TGH Imaging increased patient access across four counties for breast cancer screening by adding Genius 3D Mammography exams made by Hologic to 18 locations in Hillsborough, Pasco, Pinellas and Palm Beach counties. Also called tomosynthesis, 3D mammography is a form of mammography that creates a 3D image of the breast that can better detect breast cancer.

Growth Forecast Projected:

The Global Mammography Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Mammography Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Mammography Market:

By Type (Digital Mammography, Analog Mammography, Diagnostic Mammography, and Others)

By Dimension (2D, 3D, Combined)

By Application (Oncology and Others)

By End-User (Diagnostic Centres, Hospitals and Other)

By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Regional Analysis for Mammography Market:

The regional analysis of the Mammography Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Mammography market?

➠ Who are the leading manufacturers in the global Mammography industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Mammography industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Mammography market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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