The global mammography market size is expected to reach USD 4.63 million by 2030, according to a new study by Polaris Market Research. The report “Mammography Market Share, Size, Trends, Industry Analysis Report, By Modality (Multimodal, Standalone); By Application (Diagnostic Screening, Advance Imaging, Clinical Review); By Technology; By End-Use; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides an analysis of future market growth.
The rising use of artificial technology in order to manage the workload more easily, thus eliminating disparities in patient care, is stimulating the growth of the industry. It is also projected that there will be a surge in screening mammography due to the rapid technological advancements and hence leading to industry expansion in the coming years.
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In addition, rapid growth in technological advancement and new product development are responsible for seeing the surge in this market as the firms are also getting approval on an easy basis which creates a new way to modernize breast cancer screening to empower support decision making.
The COVID-19 pandemic had a negative impact on the growth of the market. Many mammography running centers halted mammographic screening to minimize physical contact between patients and staff. However, as the activities resumed from the end of 2020, it led to a steady increase in the demand for this industry.
Mammography Market Report Highlights
- Hospitals segment accounted for the highest revenue share in 2021 owing to the low cost as compared to its counterpart along with high performance characteristics of the product
- The diagnostic screening is expected to see a rise over the forecast period, the growth is dugento the rise in availability of detailed breast imaging services at very low price and the usage of advanced technologies and the availability of skilled and expert service makers also the availability of digital and 3D technology
- North America is expected to be the second largest region on account of the growing penetration of the product in both private and public sector. Furthermore, the additional technological advancement undertaken across the U.S. is likely to have a positive impact on the revenue growth
- Major players operating in the industry include Hologic, Fujifilm, Siemens Healthcare, Phillips Healthcare, Toshiba Medical Systems, GE Healthcare, Metaltronica, I.M.S. Srl, Koninklijke Philips NV, Gamma Medica, Inc., Konica Minolta,usiness Solutions India Private Limited, Carestream Health, BMI Biomedical International SRL
Polaris Market Research has segmented the mammography market report based on modality, application, end-use, and region:
Mammography, Modality Outlook (Revenue – USD Billion, 2018 – 2030)
Mammography, Application Outlook (Revenue – USD Billion, 2018 – 2030)
- Diagnostic Screening
- Advance Imaging
- Clinical Review
Mammography, End-Use Outlook (Revenue – USD Billion, 2018 – 2030)
- Breast Care Centers
Mammography, Regional Outlook (Revenue – USD Billion, 2018 – 2030)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa