April 27, 2024

Mammography Systems Market Size to Attain USD 6.22 Bn by 2033

The global mammography systems market size was estimated at USD 3.01 billion in 2023 and is predicted to reach around USD 6.22 billion by 2033, growing at a CAGR of 7.53% from 2024 to 2033.

Key Points

  • North America dominated the global mammography systems market share of 37% in 2023.
  • Asia Pacific is expected to experience the fastest growth over the forecast period.
  • Based on the product, the full-field digital mammography systems segment held the largest share of the market.
  • Based on the product, the breast tomosynthesis systems segment is expected to show the fastest growth in the market.
  • Based on technology, the 3D mammography systems segment is projected to witness the fastest growth in the forecasted period.
  • Based on end-users, the ambulatory surgical centers segment is projected to uplift the market in the upcoming years.

Mammography Systems Market Size 2024 to 2033

The mammography systems market is witnessing significant growth globally, driven primarily by increasing awareness about breast cancer screening, technological advancements in imaging modalities, and growing investments in healthcare infrastructure. Mammography systems play a crucial role in the early detection and diagnosis of breast cancer, which remains one of the leading causes of cancer-related deaths among women worldwide. These systems utilize low-dose X-rays to produce detailed images of the breast tissue, aiding in the detection of abnormalities such as tumors and cysts. With the rising incidence of breast cancer and the emphasis on early detection for better treatment outcomes, the demand for mammography systems is expected to continue growing in the coming years.

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Growth Factors

Several factors contribute to the growth of the mammography systems market. Firstly, increasing initiatives by governments and healthcare organizations to raise awareness about breast cancer screening programs have significantly boosted the demand for mammography systems. Early detection through regular screening mammograms has been proven to reduce mortality rates associated with breast cancer, driving the adoption of these systems globally. Moreover, technological advancements in mammography systems, such as digital mammography, tomosynthesis, and 3D mammography, have improved the accuracy and efficiency of breast cancer detection, further fueling market growth.

Region Insights

The mammography systems market exhibits regional variations influenced by factors such as healthcare infrastructure, government policies, and cultural attitudes towards breast cancer screening. North America dominates the global mammography systems market, attributed to the presence of well-established healthcare infrastructure, high awareness levels about breast cancer screening, and favorable reimbursement policies. Europe follows closely, with countries like Germany, France, and the UK leading the market due to robust healthcare systems and proactive screening initiatives. In the Asia-Pacific region, rapid urbanization, increasing disposable incomes, and growing investments in healthcare infrastructure are driving market growth, especially in countries like China and India.

Mammography Systems Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 7.53%
Global Market Size in 2023 USD 3.01 Billion
Global Market Size by 2033 USD 6.22 Billion
U.S. Market Size in 2023 USD 780 Million
U.S. Market Size by 2033 USD 1,610 Million
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Product, By Technology, and By End-user
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Mammography Systems Market Dynamics

Drivers

Several drivers propel the growth of the mammography systems market. Firstly, the rising incidence of breast cancer globally, particularly among women aged 40 and above, underscores the importance of early detection and diagnosis, thereby driving the demand for mammography systems. Additionally, government initiatives and funding for breast cancer screening programs, coupled with advocacy efforts by healthcare organizations and non-profit groups, contribute to market growth. Furthermore, advancements in imaging technologies, such as digital mammography and tomosynthesis, enhance the accuracy and efficiency of breast cancer detection, driving adoption among healthcare providers.

Opportunities

The mammography systems market presents numerous opportunities for growth and innovation. One significant opportunity lies in expanding access to breast cancer screening in underserved regions, particularly in developing countries where healthcare infrastructure is limited. Mobile mammography units and telemedicine initiatives can help overcome barriers to access and reach remote communities, thereby expanding the market reach. Furthermore, collaborations between healthcare providers, technology companies, and research institutions can lead to the development of advanced mammography systems with improved sensitivity and specificity, offering better outcomes for patients.

Challenges

Despite the promising growth prospects, the mammography systems market faces several challenges. One of the primary challenges is the high cost associated with acquiring and maintaining mammography equipment, which can pose a barrier to adoption, especially in resource-constrained settings. Moreover, concerns about radiation exposure from mammography screenings and the discomfort associated with the procedure may deter some individuals from undergoing regular screenings, impacting market growth. Additionally, disparities in access to healthcare and breast cancer screening services, particularly among underserved populations and rural communities, pose a challenge to market expansion efforts.

Read Also: Digital Genome Market Size to Rake USD 109.74 Bn by 2033

Recent Developments

  • In February 2023, the introduction of a new Global project on Breast Cancer with the objective of reducing mortality rates and improving treatment was announced by the World Health Organization (WHO). It targets to save millions of breast cancer cases by the year 2040. The newly launched project emphasizes three critical steps for health: early detection, timely diagnosis, and comprehensive management of breast cancer.
  • In October 2023, Siemens Healthineers presented a novel mammography framework called Mammomat B. Brilliant with wide-angle tomosynthesis. This system utilizes Flying focal spot technology innovation for the first time in mammography. It was the first gadget from Siemens Healthineers that consolidated wide-angle tomosynthesis, the new detector, the newly evolved Flying Focus Spot tube, and the Premia computer-based intelligence recreation to upgrade image quality.
  • In November 2022, Google Health announced a partnership with iCAD, a medical technology company, to incorporate its AI technology into breast imaging solutions. This was the first commercialization agreement for Google Health’s mammography AI models and allowed the technology to be used in real-life clinical settings.

Mammography Systems Market Companies

  • Siemens Healthineer
  • Planmed Oy
  • NP JSC Amico
  • Koninklijke Philips
  • Konica Minolta
  • Hologic
  • Fujifilm Holdings Corporation
  • Delphinus Medical Technologies
  • Carestream Health, Inc.
  • Canon Medical Systems Corporation (Toshiba Medical Systems Corp.)
  • Analogic Corporation
  • GE Healthcare
  • Allengers Medical Systems Limited
  • BET Medical

Segments Covered in the Report

By Product

  • Analog Systems
  • Full-Field Digital Mammography Systems
  • Breast Tomosynthesis Systems

By Technology

  • Screen Film
  • 2D Mammography
  • 3D Mammography
  • Others

By End-user

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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