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What CAGR is Anticipated for the Mammography Systems Market During the Forecast Period, and Why?

The market size of mammography systems has witnessed robust growth in the last few years. The market valuation is forecasted to rise from $2.5 billion in 2024 to $2.73 billion in 2025, showcasing a compound annual growth rate (CAGR) of 9.2%. The growth observed during the historic period can be linked to the surging instances of breast cancer, escalating government initiatives, and plans endorsing breast cancer awareness, advantageous reimbursement strategies, and enhanced cognizance about the significance of early breast cancer detection.

A significant surge in growth is anticipated for the mammography systems market in the forthcoming years, with its projected value climbing to $3.84 billion by 2029 alongside an 8.9% compound annual growth rate (CAGR). Factors contributing to this predicted expansion within the forecast period include the escalating uptake of 3D mammography, an increase in healthcare spending, the shift towards digital mammography systems, the enlargement of market coverage in evolving markets due to improved healthcare infrastructures, plus an increased emphasis on preventative healthcare and early disease detection. Key emergent trends during the forecast span comprise the inclusion of AI algorithms in mammography systems, the preference for 3D tomosynthesis, the utilisation of mobile mammography units, AI-guided diagnostics, telemedicine, and remote patient monitoring.

What Key Drivers Are Accelerating the Growth of the mammography systems Market During the Forecast Period?

The mammography systems market is expected to flourish in response to the escalating cases of breast cancer. Such cancer arises from an abnormal proliferation of cells within breast tissue, potentially forming malignant tumors that may metastasize to other body parts. The surge in breast cancer incidence is attributed to alterations in lifestyle habits, an aging demographic, inherited gene mutations, and hormonal influences. Mammography systems play a vital role in combating breast cancer, facilitating early detection, precise diagnosis, and effective management strategies, ultimately enhancing patient survival rates and outcomes. For example, the American Cancer Society, a non-profit cancer advocacy entity based in the US, reported in January 2023 that the number of breast cancer cases rose from 284,200 in 2021 to 300,590 in 2023, marking a 5.76% augmentation. Consequently, the growing incidence of breast cancer is bolstering the mammography systems market’s expansion.

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Which Companies Are Poised to Shape the Future of the Mammography Systems Market?

Major companies operating in the mammography systems market report are:

• Johnson & Johnson Private Limited_x000D_

• Pfizer Inc._x000D_

• Hoffmann-La Roche AG_x000D_

• Bayer AG_x000D_

• Novartis AG_x000D_

What Are the Latest Innovations and Trends Influencing the Mammography Systems Market?

Key players in the mammography systems market are focused on the development of mammography systems, like amulet sophinity, that utilize artificial intelligence (AI) technology. Their aim is to increase diagnostic precision, streamline procedures, and enhance patient outcomes. Amulet Sophinity, an AI-integrated digital mammography system, is used to improve the accuracy and comfort of breast cancer diagnostics. In February 2024, the Japan-based Fujifilm Holdings Corporation, a firm known for offering medical imaging and diagnostic solutions, introduced this system. This system is characterized by low dosage, high-quality images, and better workflow features thanks to its integration of AI technology. It also supports dual-angle tomosynthesis for superior calcification detection and includes an AI-enabled function for offering guidance on breast positioning based on previously captured mammography images.

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How Are the Key Segments of the Mammography Systems Market Impacting Its Expansion and Revenue Streams?

The mammography systems market covered in this report is segmented –

1) By Product: Analog Systems, Full Field Digital Mammography Systems, Breast Tomosynthesis Systems

2) By Technology: Screen Film, 2D Mammography, 3D Mammography, Other Technologies

3) By Modality: Portable Mammography Systems, Non-Portable Mammography Systems

4) By End-User: Hospitals, Ambulatory Surgical Centers, Other End-Users

Subsegments:

1) By Analog Systems: Film-Based Mammography Systems, Screen-Film Mammography Systems

2) By Full Field Digital Mammography Systems: Direct Radiography (DR) Systems, Computed Radiography (CR) Systems

3) By Breast Tomosynthesis Systems: Digital Breast Tomosynthesis (DBT) Systems, 3D Mammography Systems

What Regions Are Contributing Significantly to the Growth of the Mammography Systems Market?

North America was the largest region in the mammography systems market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mammography systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

How Is the Scope and Reach of the Mammography Systems Market Defined?

Mammography systems are medical imaging devices used for detecting breast cancer. They utilize low-dose X-rays to create detailed images of breast tissue, aiding in the detection of abnormalities such as tumors or cysts. These systems are crucial for early detection, improving treatment outcomes, and patient survival rates. It also uses digital or analog technology for screening and diagnostic purposes.

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