Growing Prevalence Of Breast Cancer Boosts Demand For Mammography Devices: Powering Innovation and Expansion in the Mammography Devices Market by 2025

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What Is the Expected CAGR for the Mammography Devices Market Through 2025?
The market size of mammography devices has seen a quick expansion in the past few years. The market is projected to increase from $1.97 billion in 2024 to $2.2 billion in 2025, representing a Compound Annual Growth Rate (CAGR) of 12.0%. The surge experienced in the historical period can be linked to an increase in government actions, a rise in the population of elderly women, the growth of healthcare facilities and access, the raise in insurance and reimbursement policies within the healthcare sector, and an escalating aging population.

What's the Projected Size of the Global Mammography Devices Market by 2029?
The market for mammography devices is projected to experience significant expansion in the coming years, with an expected valuation of $3.42 billion by 2029, reflecting a compound annual growth rate (CAGR) of 11.6%. This anticipated growth within the forecast period is linked to an increase in breast cancer occurrences, heightened demand for early diagnostic procedures, growing requirement for portable mammography systems, the rising incorporation of digital tools in health diagnostic procedures, and escalating research and development activities in healthcare. Key future trends include the creation of artificial intelligence (AI) enhanced mammography devices, progress in digital mammography techniques, advancements in 3D reconstruction technology for breast tissue, development of automated breast ultrasound (ABUS) systems, and breakthroughs in breast biopsy methodologies.

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Top Growth Drivers in the Mammography Devices Industry: What's Accelerating the Market?
The upsurge in incidences of breast cancer is anticipated to fuel the expansion of the mammography device market. Breast cancer, characterized by the abnormal proliferation of cells in breast tissue that might result in a life-threatening tumor, is a consequence of changes in lifestyle, aging populace, inherited genetic anomalies, and hormonal factors. Essential in combating breast cancer, mammography devices facilitate early detection, precise diagnosis, and efficient treatment plans, thereby enhancing patient survival rates and outcomes. For example, data from the American Cancer Society, a non-profit organization based in the U.S, estimates that around 310,720 new invasive breast cancer cases will be reported in women in 2024. Additionally, approximately 42,250 women are expected to succumb to breast cancer within the year. Recent statistics indicate an annual rise in incidence rates by 0.6%, with a slightly steeper increase of 1.0% per annum in women below 50. The escalating incidence of breast cancer, thus, fuels the expansion of the mammography device market.

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What Trends Will Shape the Mammography Devices Market Through 2029 and Beyond?
Leading entities in the mammography devices market are concentrating efforts on the creation of cutting-edge products like mammography systems featuring wide-angle tomosynthesis for enhanced image sharpness and resolution. Mammography systems enriched with wide-angle tomosynthesis are cutting-edge techniques for breast imaging that amplify traditional mammography techniques by producing three-dimensional images of breast tissue. These systems are specifically proficient at identifying breast cancer, particularly in dense breast tissue where the overlapping structures could obstruct the detection of abnormalities using standard 2D mammography. For instance, in September 2023, Siemens Healthineers, a medical technology establishment based in Germany, introduced the Mammomat B. Brilliant mammography system that includes wide-angle tomosynthesis. The Mammomat B. Brilliant is enriched with revolutionary PlatinumTomo technology, inclusive of wide-angle tomosynthesis coupled with an unparalleled 50° tube movement, the most sizeable angle accessible. The system can accomplish a rapid scanning time of nearly five seconds, establishing it as the swiftest in its category and facilitating high-definition 3D imaging. It pinpoints abnormalities and microcalcifications with superior precision. Its acquisition speed is around 35% quicker compared to other models, thereby improving patient comfort. It features the pioneering Flying Focus Spot technology; a unique addition to mammography that mitigates the blurring effects caused by tube movement, guaranteeing sharp images even at high velocities.

What Are the Main Segments in the Mammography Devices Market?
The mammography devicesmarket covered in this report is segmented -

1) By Device Type: Analog, Digital, Other Device Types
2) By Modality: Portable Mammography Systems, Non-Portable Mammography Systems
3) By End User: Hospitals, Specialty Clinics, Diagnostic Centers

Subsegments:
1) By Analog Mammography Devices: Screen-film mammography (SFM), Full-field analog mammography
2) By Digital Mammography Devices: Full-Field Digital Mammography (FFDM), 2D Digital Mammography, 3D Digital Mammography (Tomosynthesis), Computer-Aided Detection (CAD) Mammography, Digital Breast Tomosynthesis (DBT)
3) By Other Device Types: Portable Mammography Units, Cone Beam Breast Computed Tomography (CBBCT), Automated Breast Ultrasound Systems (ABUS), Molecular Breast Imaging (MBI), Contrast-Enhanced Mammography (CEM)

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Which Top Companies are Driving Growth in the Mammography Devices Market?
Major companies operating in the mammography devices market are Siemens Healthineers AG, Fujifilm Holdings Corporation, Becton, Dickinson and Company, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Konica Minolta Inc., Hologic Inc., Carestream Health Inc., Analogic Corporation, Canon Medical Systems Corporation, Aurora Health Care Inc., DMS Group, SuperSonic Imagine Ltd., Villa Sistemi Medicali S.p.A, Planmed Oy, Allengers Medical Systems Limited, General Medical Merate S.p.A, KUB Technologies Inc., Delphinus Medical Technologies Inc., Metaltronica S.p.A., SonoCiné Inc., Micrima Limited, IMS Giotto S.p.A., CMR Naviscan Corporation, SternMed GmbH.

Which Regions Will Dominate the Mammography Devices Market Through 2029?
North America was the largest region in the mammography devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mammography devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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