Mammography Systems Market 2021 By Regional Trend & Growth Forecast To 2027
Category: #business  By Ronak Bora  Date: 2021-03-24
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Mammography Systems Market 2021 By Regional Trend & Growth Forecast To 2027

Mammography Systems Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

The mammography systems market is estimated to grow at a decent pace over the coming years owing to increasing prevalence of breast cancer along with ongoing technological advancements in this field. Breast cancer cases are on a rise due to alcohol consumption, history of breast cancer, obesity, growing geriatric population, and dense breast tissues.

The introduction of artificial intelligence-based breast imaging technology is saving time and enhancing the clinical outcome. These devices can reliably and accurately differentiate and classify breast tissues without any interventions. Such mammography machines have decreased the cost of treatment given to a decline in false positive and abnormal interpretation. Regular technological advancements and the access to advanced treatments is likely to fuel product demand.

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Considering robust demand, companies operating in the mammography systems market are working on new product development. For instance, in 2019, key business player, Hologic announced the FDA approval of the 3DQuorum Imaging Technology, the firm’s AI powered algorithm that significantly lessens the mammography exam read times and offers image accuracy, quality, and sensitivity. With such achievements, Global Market Insights, Inc., suggests that the mammography systems market may register a CAGR of 7.8% by 2027.

Mentioned below are some of the key trends driving mammography systems market expansion:

1)         Growing adoption of full field digital mammography

The full field digital mammography (FFDM) systems market accounted for more than 66% share in 2020 and is projected to witness high demand owing to notable improvement in the clinical outcome and growing adoption rate. These systems provide enhanced screening in both dense and young breast tissues in women. Full field digital mammography devices also offer superior benefits than other devices, hence propelling their usage.

2)         Rising application of 3D mammography devices

The usage of 3D mammography devices for breast cancer applications is on the rise. 3D mammography technology offers advanced characterization of breast lesions and images of breast tissues. Low recall rates, significant increase in invasive cancer detection, and the availability of reimbursement to patients are factors that could boost segment growth.

Collaborations and new product developments could also offer a considerable push to mammography system manufacturers and suppliers. Highlighting an instance, in 2021, announced integrating Candelis’ ImageGrid suite of products with its ASPIRE Cristalle 3D mammography system and Persona CT to enhance image workflow, storage and management capabilities for radiologists that work in women healthcare and CT.

3)         Robust demand from hospitals

The hospital end-user segment is anticipated to grow over USD 2.5 billion in the upcoming years owing to surge in the number of breast cancer cases and mammography screenings. The presence of experienced radiologists and access to high end technology is expected to drive device adoption in hospitals, as well as government initiatives and favorable reimbursement for mammography tests.  

Browse full table of contents (TOC) of this report @  https://www.decresearch.com/toc/detail/mammography-systems-market

Partial Chapter of the Table of Content 

Chapter 4   Mammography Market, By Product

4.1    Key segment trends

4.2    Analog System

4.2.1    Market size, by region, 2016 – 2027 (USD Million)

4.3    Full field digital mammography

4.3.1    Market size, by region, 2016 – 2027 (USD Million)

4.4    Breast tomosynthesis

4.4.1    Market size, by region, 2016 – 2027 (USD Million)

Chapter 5   Mammography Market, By Technology

5.1    Key segment trends

5.2    Screen film

5.2.1    Market size, by region, 2016 – 2027 (USD Million)

5.3    2D mammography

5.3.1    Market size, by region, 2016 – 2027 (USD Million)

5.4    3D mammography

5.4.1    Market size, by region, 2016 – 2027 (USD Million)

5.5    Others

5.5.1    Market size, by region, 2016 – 2027 (USD Million)

About Author

Ronak Bora    

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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