Our comprehensive research on the Global Mammography Systems Market (2023-2031) provides insights for businesses. It covers trends, investments, tech advancements, and major players. The report uses qualitative and statistical data from 2017-2031, including SWOT, BCG, PESTLE analysis, and visuals. It offers a full market landscape with stakeholder insights, regional outlooks, and financial considerations.
The global mammography systems market size was US$ 2416.8 million in 2021. The global mammography systems market size is forecast to reach US$ 4,728.5 million by 2030, growing at a compound annual growth rate (CAGR) of 7.6% during the forecast period from 2022 to 2030.
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The purpose of mammography systems is to examine the breast’s anatomy through the use of X-rays in order to find breast cancer. It is a minimally invasive procedure. Mammography equipment employs computer-aided detection, digital mammography, and breast tomosynthesis. A breast cancer screening test can effectively diagnose the disease even before any signs or symptoms manifest. Breast cancer is one of the most common cancers, affecting both men and women; however, it is more prevalent in women. Mammography devices help detect patients who exhibit breast cancer signs such as lumps, dimpling, and discomfort.
Factors Influencing Market Growth
- An increase in the geriatric population, proactive measures by healthcare organizations to raise awareness of breast cancer early detection, and an increase in incidence rates are driving the global market growth.
- Enhanced insurance reimbursement policies, rising government funding for breast cancer research, and technological advances, such as breast tomosynthesis, which makes detecting breast cancer easier in women with dense breast tissue, contribute to the global mammography systems market growth.
- Radiological exposure risks and the possibility of false positives or negatives may slow down the overall market’s growth.
Impact Analysis of COVID-19
The COVID-19 pandemic had a negative impact on the global mammography systems market. In response to an increasing number of infected patients, healthcare professionals and leading organizations diverted healthcare resources from research and development to primary care. As a result, numerous hospitals shifted their emphasis toward patients suffering from COVID-19. In addition, a majority of the manufacturing companies were producing protective gear such as kits, masks, and thermometers in order to combat the crisis of COVID 19.
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Leading Competitors
The leading prominent companies profiled in the global mammography systems market are:
- Allengers Medical Systems Limited
- Fujifilm Holding Corporation
- General Electric Company
- Hologic Incorporated
- Konica Milota Incorporated
- Koninklijke Philips N.V. (Philips Healthcare)
- Metaltronica SPA
- Planmeca OY
- Siemens Aktiengesellschaft
- Toshiba Corporation
- Other Prominent Players
The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.
As of the end of 2022, the Mammography Systems industry experienced notable growth in its workforce. Starting in January, employment within the Mammography Systems sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Mammography Systems output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector’s production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.
Forecasts indicate that the global Mammography Systems output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Mammography Systems market, remains both its largest producer and consumer. Remarkably, China’s market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation’s GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Mammography Systems market.
Scope of the Report
The global mammography systems market segmentation focuses on Product Type, Modality, End-User, and Region.
Segmentation based on Product Type
- Analog Mammography Systems
- Digital Mammography Systems
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Segmentation based on Modality
- Portable Mammography Systems
- Non-Portable Mammography Systems
Segmentation based on End-User
- Impatient Settings
- Ambulatory Surgical Centers
Segmentation based on Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
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Table of Contents:
Chapter 1: Introduction to the Global Mammography Systems Industry
Chapter 3: Dynamics of the Market
Chapter 4: Profiles of Leading Companies
Chapter 5: Competition in the Global Mammography Systems Market among Players
Chapter 6: Market Size across Global Regions
Chapter 7: Application Segments in the Global Market
Chapter 8: Segment Analysis of the Global Mammography Systems Industry
Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers
Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders
Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors
Chapter 12: Evaluation of Market Impact Factors
Chapter 13: Forecasted Global Mammography Systems Market Size (2023-2031)
Reasons to Acquire This Report
(A) This research imparts invaluable insights tailored for senior management, policymakers, industry professionals, product innovators, sales executives, and stakeholders within the market. It equips them with the information needed to make well-informed decisions and craft effective strategies.
(B) The report delivers a comprehensive analysis of global, regional, and country-level Mammography Systems market revenues, extending projections until 2030. This dataset empowers companies to gauge their market presence, recognize avenues for growth, and explore emerging markets.
(C) Through meticulous segmentation of the Mammography Systems market encompassing types, applications, technologies, and end-uses, this study empowers leaders to blueprint their products and allocate resources based on the projected growth trajectories of each segment.
(D) Investors stand to gain from the market analysis by gaining insights into market scope, positioning, key drivers, challenges, limitations, expansion prospects, and potential risks. Armed with this knowledge, they can make well-considered investment choices.
(E) The report conducts an intricate analysis of competitors, unraveling their pivotal strategies and market positioning. This intelligence equips businesses with a profound understanding of the competitive landscape, enabling them to chart their own strategies accordingly.
(F) The study facilitates the assessment of Mammography Systems business projections delineated by region, key countries, and prominent companies, bestowing invaluable information for investment strategizing and decision-making.
Why is our study consequential?
Our study holds paramount importance for various reasons, a few of which include:
• Assisting businesses in gauging the viability of new or existing products or services.
• Facilitating business enterprises in the identification and cultivation of novel market segments.
• Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.
• Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.
• Analyzing market trends to aid businesses in devising adaptive strategies.
• Guiding businesses in the optimal placement of their products.
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