Home > Healthcare > Medical Devices > Diagnostic Devices > Mammography Systems Market

Mammography Systems Market Size

Report ID: GMI2637
Published Date: Mar 2023
Report Format: PDF

Download Free Sample

Mammography Systems Market Size

Mammography Systems Market size crossed USD 2.5 billion in 2022 and is set to register over 7.5% CAGR through 2023-2032, owing to the growing incidence of breast cancer.

To get key market trends

Download Free Sample

Breast cancer has become a global cause of concern due to its high incidence globally. This common cancer may occur in women with no history or risk factors associated with the disease. As per the American Cancer Society, breast cancer accounts for over 30% of new cancer cases in females each year. The alarming increase in disease prevalence will boost the requirement for regular mammography screening and diagnostic procedures to identify early signs. This medical imaging method can detect cancer areas that are too small to locate during physical examinations.

Mammography Systems Market Report Attributes
Report Attribute	Details
Base Year:	2022
Mammography Systems Market Size in 2022:	USD 2 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	7.5%
2032 Value Projection:	USD 6 Billion
Historical Data for:	2018 to 2022
No. of Pages:	290
Tables, Charts & Figures:	282
Segments covered:	Product, Technology, End-use, and Region
Growth Drivers:	Increasing incidence of breast cancer across the globe Rising awareness about breast cancer screening and early detection in developed countries Rising government funding for breast cancer screening tests in developed countries Technological advancement in developed countries
Pitfalls & Challenges:	High capital investment False-negative result

Learn more about the key segments shaping this market

Download Free Sample

To reduce the disease burden, health organizations including PAHO have launched campaigns to alert caregivers, health professionals, and parents about early cancer signs in adolescents and children. These initiatives to improve timely diagnosis and treatment outcomes will create lucrative growth opportunities for mammography machine developers. However, biomedical research and the early stages of medical development have become more capital-intensive, asserting a negative influence on the market outlook..

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market size for mammography systems crossed USD 2.5 billion in 2022 and will register over 7.5% CAGR through 2023-2032, owing to the growing incidence of breast cancer.

Full field digital mammography product segment will exhibit over 7% CAGR between 2023 and 2032, on account of better image resolution compared to other machines.

North America mammography systems market will be valued at over USD 2 billion by 2032, as a result of the high incidence of breast cancer and the strong presence of companies involved in the R&D of technology-enabled cancer detection systems.

Key players in the global mammography systems industry include Siemens Healthineer, Koninklijke Philips N.V., Hologic, Fujifilm Holdings Corporation, Delphinus Medical Technologies, Carestream Health, Inc., Analogic Corporation, and GE Healthcare, among others.