Mammography Market expected to See Incredible Growth by 2032

In 2022, the global Mammography Market is expected to be worth approximately US$ 1.7 billion. However, with the alarming rise in the prevalence of breast cancer, the overall demand for mammography systems is expected to grow at a 6.5% to 9% CAGR between 2022 and 2032, totalling more than US$ 3.4 billion by 2032.

Mammography is a non-invasive medical imaging and diagnostic technique that uses low-dose X-rays to detect tumours in breast tissues. It has become one of the most widely used techniques for detecting abnormalities when there are no symptoms. It has significantly aided in the reduction of breast cancer mortality rates around the world.

The rising prevalence of breast cancer around the world, combined with growing awareness about the benefits of screening and early detection of breast cancer, is driving the mammography market forward. It is one of the most common types of cancer in females around the world.

Several studies have found that the risk of breast cancer increases with age and is more common in women over the age of 40. Because of this, medical institutes and organisations such as the American College of Radiology (ACR) and the National Comprehensive Cancer Network (NCCN) have recommended annual mammography screening for women beginning at the age of 40. This will continue to be a driving force in market growth in the future.

For the early detection of breast cancer, various mammography solutions or types, such as breast tomosynthesis, film screen systems, and X-ray, are used. However, film screen systems, also known as screen film mammography, continue to be the gold standard for detecting breast cancer.

Various government and non-government organisations are investing heavily in increasing breast cancer screening and, as a result, lowering the overall burden. This will continue to be a tailwind for market growth in the future. Furthermore, the presence of favourable reimbursement policies in many developed regions is positively impacting the growth of the mammography market.

Market Competition

Some of the key participants present in the global mammography market include Allengers Medical Systems Limited, FUJIFILM Holdings America Corporation, Hologic, Inc., PLANMED OY, Konica Minolta, GENERAL ELECTRIC, Inc., Siemens Healthcare Private Limited, Carestream Health, GE Healthcare, Koninklijke Philips N.V., and BET Medical.

These leading players are continuously innovating for developing novel diagnostic products with enhanced features and minimum side effects. Besides this, they are adopting growth strategies such as partnerships, acquisitions, collaborations, spending on awareness campaigns etc. to gain a competitive edge in the market.

Key Segments Profiled in the Mammography Industry Survey

By Product Type:

  • Breast Tomosynthesis
  • Film Screen Systems
  • X-Ray
  • Others

By Technology Type:

  • Digital Mammography
  • Analog Mammography
  • 3-D Mammography
  • 2-D Mammography

By End Use:

  • Hospitals
  • Special Clinics
  • Diagnosis Centers
  • Ambulatory Surgical Centers
  • Educational & Research Institutes

Read More@ https://www.futuremarketinsights.com/reports/mammography-market

Comments

Post a Comment

Popular posts from this blog

Empowering Diabetics | A Comprehensive Analysis of the Continuous Glucose Monitoring Device Market

Image
According to Future Market Insights' recently released Continuous Glucose Monitoring Device Market Analysis report, global sales of Continuous Glucose Monitoring Device Market in 2022 will be US$ 4.9 Billion. The market is expected to be valued US$ 16.8 billion by 2033, with a CAGR of 11.9% from 2023 to 2033. Market growth is predicted to be driven by an increase in the older population as well as a high prevalence of diabetes. The International Diabetes Federation predicts that the global diabetic population will reach 642 million by 2040. As a result, by 2040, one out of every 10 people would have diabetes, demonstrating the seriousness of the epidemic. Diabetes treatment and management are consequently projected to be a top priority for healthcare administrations and stakeholders around the world. Diabetes cases are predicted to increase, boosting market growth and the potential for continuous glucose monitoring systems, attracting and motivating various industry actors to prod...
Read more

Global Medical face shield Market Insights and Outlook 2022-2032

Image
Medical face shield can become as ubiquitous as masks, as new findings on the airborne spread of Covid-19 influence behavior and guidelines. According to a latest study by Future Market Insights,  Medical Face Shields Market  will grow at over 11% CAGR through 2030. Medical face shields have proven to be an effective first-line defence against airborne diseases such as Zika, SARS, Ebola, flu, and now Covid-19. As a result, increased adoption of medical face shields, and thus increased production, is expected to drive the market during the forecast period. The IDSA (Infectious Diseases Society of America) has included the use of PPE (Personal Protective Equipment) such as face shields and masks in its recommendations. Though masks have been widely used throughout the world, their effectiveness is not widely known. The possibility of cloth masks providing marginal virus protection due to potential moisture retention, poor filtration, and re-use cannot be ruled out. Face ...
Read more

Cognitive Diagnostics Market Projected to Reach Unprecedented Growth by 2033

Image
As per Future Market Insights latest industry analysis, the valuation for the global  Cognitive Diagnostics market sales  is estimated to reach US$ 110.2 Billion in 2023 and is projected to exhibit a CAGR of 8.0% over the forecast period, with an estimated valuation of US$ 238.3 Billion by 2033. Several causes of brain problems or cognitive disorders include closed head injuries, contact with neurotoxins (toxic substances), genetics, infections, strokes, and tumours. Depending on the area of the brain that is impacted, a person may have a certain form of cognitive problem. Communication issues could result from, for instance, a tumour in the speech cisterns of the brain. In another illustration, a brain infection that affects the motor recentres would cause problems with movement. Ageing is also a factor in the development of cognitive problems. Cognitive diagnostics increasingly use digital health technologies like wearables and smartphone apps. These tools can monitor a pati...
Read more