Top Growth Trends in the Mammography Devices Market: Key Insights and Opportunities for 2025-2034
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How Does the Projected Growth of the Mammography Devices Market Compare Over the Forecast Period?
The market size for mammography devices has seen speedy expansion in the past years. It is projected to rise from $1.97 billion in 2024 to $2.2 billion in 2025, marking a compound annual growth rate (CAGR) of 12.0%. Factors contributing to the growth during the historical period include increased government initiatives, a surge in the number of older women, improved healthcare facilities and accessibility, enhanced insurance and reimbursement policies in healthcare, along with a growing aging population.
Over the upcoming years, the mammography devices market is anticipated to experience swift expansion. It is projected to increase to $3.42 billion by 2029, with a compound annual growth rate (CAGR) of 11.6%. The forecasted growth can be attributed to a number of factors, including a rise in breast cancer cases, an increased demand for early diagnostic procedures, a growing need for portable mammography systems, the expanding use of digital tools in healthcare diagnoses, and increased healthcare R&D. Emerging trends in the forecast period encompass development of AI-powered mammography devices, advancements in digital mammography, progress in 3D breast tissue reconstruction technology, the introduction of automated breast ultrasound (ABUS), and advancement in breast biopsy techniques.
Which Macro and Microeconomic Factors Are Accelerating the Growth of the Mammography Devices Market?
The upswing in the instances of breast cancer is predicted to fuel the expansion of the mammography device market. Breast cancer is a disorder categorized by uncontrolled cell growth in breast tissue, which can evolve into a harmful tumor with the ability to spread to other body parts. This increasing occurrence of breast cancer is linked to lifestyle changes, an aging demographic, inherited gene mutations, and hormonal elements. Mammography devices play a critical role in combating this disease, facilitating early detection, precise diagnosis, and effectual treatment plans to ultimately boost patient recovery and longevity. For example, the American Cancer Society, a non-profit organization based in the US, reported that around 310,720 new individuals will be diagnosed with invasive breast cancer in January 2024. Additionally, projections indicate that approximately 42,250 women are likely to succumb to the disease this year. Recent data illustrates an increasing trend in incidence rates by 0.6% each year, with a slightly higher growth of 1.0% annually in women under 50 years of age. Thus, the rising incidence of breast cancer is escalating the growth of the mammography device market.
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Who Are the Key Players Steering the Development of the Mammography Devices Market?
Major companies operating in the mammography devices market are Siemens Healthineers AG, Fujifilm Holdings Corporation, Becton, Dickinson and Company, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Konica Minolta Inc., Hologic Inc., Carestream Health Inc., Analogic Corporation, Canon Medical Systems Corporation, Aurora Health Care Inc., DMS Group, SuperSonic Imagine Ltd., Villa Sistemi Medicali S.p.A, Planmed Oy, Allengers Medical Systems Limited, General Medical Merate S.p.A, KUB Technologies Inc., Delphinus Medical Technologies Inc., Metaltronica S.p.A., SonoCiné Inc., Micrima Limited, IMS Giotto S.p.A., CMR Naviscan Corporation, SternMed GmbH.
How Are Consumer Trends Shaping the Current and Future Landscape of the Mammography Devices Market?
Leading businesses in the mammography devices industry are concentrating on the production of innovative products, such as wide-angle tomosynthesis mammography systems, to deliver superior image accuracy and definition. A mammography device with wide-angle tomosynthesis signifies a state-of-the-art breast imaging method that augments conventional mammography, supplying three-dimensional (3D) visuals of the breast tissue. This system is notably successful in tracking breast cancer, particularly in dense breast tissue where it can be challenging to detect irregularities with typical 2D mammography. Siemens Healthineers, a medical technology firm based in Germany, for instance, introduced the Mammomat B. Brilliant mammography system with wide-angle tomosynthesis in September 2023. The Mammomat B. Brilliant is equipped with the unique PlatinumTomo technology, that incorporates a wide-angle tomosynthesis with a 50° tube action, the biggest angle attainable. With an efficient scan duration of nearly five seconds, this system is the quickest in its category, enabling high-resolution 3D imaging. It uncovers irregularities and microcalcifications with remarkable precision. Its acquisition speed is around 35% quicker than other versions, bolstering patient comfort. Furthermore, it employs Flying Focus Spot technology, the first in mammography, which curbs the blurring impacts from the tube’s motion, thus guaranteeing crisp images even at high velocities.
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Which Segments Play a Crucial Role in the Expansion of the Mammography Devices Market?
The mammography devicesmarket covered in this report is segmented –
1) By Device Type: Analog, Digital, Other Device Types
2) By Modality: Portable Mammography Systems, Non-Portable Mammography Systems
3) By End User: Hospitals, Specialty Clinics, Diagnostic Centers
Subsegments:
1) By Analog Mammography Devices: Screen-film mammography (SFM), Full-field analog mammography
2) By Digital Mammography Devices: Full-Field Digital Mammography (FFDM), 2D Digital Mammography, 3D Digital Mammography (Tomosynthesis), Computer-Aided Detection (CAD) Mammography, Digital Breast Tomosynthesis (DBT)
3) By Other Device Types: Portable Mammography Units, Cone Beam Breast Computed Tomography (CBBCT), Automated Breast Ultrasound Systems (ABUS), Molecular Breast Imaging (MBI), Contrast-Enhanced Mammography (CEM)
Which Geographical Regions Are Shaping the Mammography Devices Market Growth?
North America was the largest region in the mammography devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mammography devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Are the Defining Aspects of the Mammography Devices Market Landscape?
Mammography devices are specialized medical imaging systems designed to create detailed images of the breast tissue, primarily for the early detection and diagnosis of breast cancer. These devices are essential tools in breast cancer screening and diagnosis, contributing significantly to early detection and treatment.
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