How Will the Mammography Market Grow? Key Trends and Opportunities for 2025 and Beyond
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How Will the Mammography Market Grow Over the Forecast Period Based on Its Expected CAGR?
In recent times, the mammography market has seen a quick expansion. The market size is projected to rise from $2.63 billion in 2024 to $2.89 billion in 2025, with a compound annual growth rate (CAGR) of 10.2%. The growth during the historic period is a result of various factors such as the surge in breast cancer cases, heightened awareness and screening programmes, government efforts and financial support, advocacy and support groups, as well as enhanced reimbursement policies.
Anticipated for a swift expansion in the coming years, the mammography market’s worth is forecasted to reach “$4.24 billion in 2029 with a 10.0% compound annual growth rate (CAGR). The projected growth is largely due to factors such as the advancement in personalized medicine strategies, enlarging breast cancer screening programs, enhanced collaboration in research studies, telemedicine, and remote screening methods, as well as a strong emphasis on patient-focused care. Key market trends for this period encompass the dominance of digital mammography, the emergence of 3D mammography (tomosynthesis), the incorporation of artificial intelligence, a growing focus on personalized screening, extending uses beyond cancer detection, and progressive developments in breast imaging technologies.
Which Factors Are Enhancing the Growth of the mammography Market?
The mammography market is predicted to flourish due to the rise in breast cancer cases. The uncontrolled multiplication of cells in the breast leads to this ailment. The occurrence of breast cancer is escalating worldwide, and mammography is a key tool for early detection and diagnosis of the disease. For instance, Breastcancer.org, an American nonprofit, forecasted that around 297,790 invasive breast cancer cases and 55,720 DCIS cases are set to be diagnosed in U.S. women by 2023. Moreover, the American Cancer Society anticipated in January 2023 that in the previous year, around 287,850 invasive breast cancer cases and 51,400 non-invasive (in situ) breast cancer instances were observed in U.S. women. Thus, the climbing incidence of breast cancer is fuelling the mammography market.
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Who Are the Dominant Players Expanding Their Reach in the Mammography Market?
Major companies operating in the mammography market include:
• Hologic Inc._x000D_
• Fujifilm Corporation_x000D_
• Siemens Healthcare AG_x000D_
• Canon Medical Systems Corporation_x000D_
• GE Healthcare Company_x000D_
What Are the Top Trends Shaping the Evolution of the Mammography Market?
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Which Segments of the Mammography Market Hold the Most Potential for Future Development?
The mammography market covered in this report is segmented –
1) By Product: Film Screen Systems, Digital Systems, Analog Systems, Biopsy Systems, 3D Systems, Other Products
2) By Modality: Portable Mammography Systems, Non-Portable Mammography Systems
3) By Technology: Breast Tomosynthesis, CAD Mammography, Digital Mammography
4) By Application: Diagnostic Screening, Advance Imaging, Clinical Review
5) By End-User: Hospitals, Specialty Clinics, Diagnosis Centers, Other End-Users
Subsegments:
1) By Film Screen Systems: Standard Film Screen Systems, High-Resolution Film Screen Systems
2) By Digital Systems: Full-Field Digital Mammography (FFDM), Digital Breast Tomosynthesis (DBT)
3) By Analog Systems: Conventional Analog Mammography Systems
4) By Biopsy Systems: Stereotactic Biopsy Systems, Ultrasound-Guided Biopsy Systems, MRI-Guided Biopsy Systems
5) By 3D Systems: Tomosynthesis Systems
6) By Other Products: Accessories And Consumables, Software Solutions
Which Regions Are Setting the Pace for Mammography Market Growth?
North America was the largest region in the mammography market in 2024. The regions covered in the mammography market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
How Is the Mammography Market Defined Across Different Regions?
Mammography is a diagnostic X-ray imaging technique used to check breast tissue for the early diagnosis of malignancies, breast cancer and other breast illnesses. It functions as a screening and diagnostic tool.
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