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Market Overview

• Current Market Size: The mammography systems market has shown robust growth, reaching $2.30 billion in 2023.
• Projected Growth: Expected to grow to $2.50 billion in 2024, with a CAGR of 8.8%.
• Future Projections: By 2028, the market is projected to reach $3.53 billion, with a CAGR of 9.0%.

Key Drivers of Growth

• Historic Growth Factors:
  • Increasing prevalence of breast cancer.
  • Government initiatives promoting breast cancer awareness.
  • Favorable reimbursement policies.
  • Rising awareness about early detection.
• Future Growth Factors:
  • Adoption of 3D mammography.
  • Increase in healthcare expenditure.
  • Shift towards digital mammography systems.
  • Expansion in emerging markets with improved healthcare infrastructure.
  • Focus on preventive healthcare and early disease detection.

Read More On The Mammography Systems Market Report 2024 – https://www.thebusinessresearchcompany.com/report/mammography-systems-global-market-report

Surge in Breast Cancer Cases

• Fueling Market Demand: Rise in breast cancer cases globally is a key driver.
• Impact: Mammography systems crucial for early detection and effective management.
• Statistics: Breast cancer cases increased by 5.76% from 2021 to 2023, highlighting the need for enhanced diagnostic tools.

Leading Companies in Mammography Systems

• Key Players:
  • Toshiba Corporation
  • Siemens Healthineers AG
  • Fujifilm Holdings Corporation
  • Koninklijke Philips N.V.
  • GE Healthcare Inc.
  • Delphinus Medical Technologies Inc.
  • Konica Minolta Inc.
  • Hologic Inc.
  • Carestream Health Inc.
  • Varex Imaging Corporation
  • Analogic Corporation
  • Sequoia Healthcare Pvt. Ltd.
  • DRGEM Corporation

Advancements in AI-Powered Systems

• Technological Innovations: Development of AI-powered mammography systems enhances diagnostic accuracy and workflow efficiency.
• Example: Fujifilm launched Amulet Sophinity, integrating AI for improved image reconstruction and diagnostic precision.

Strategic Expansions and Acquisitions

• Market Expansion: Solis Mammography’s acquisition of Carolina Breast Imaging aims to enhance service accessibility and technology integration.
• Impact: Strengthening presence in North Carolina and offering advanced breast health services supported by AI.

Market Segmentation

• By Product:
  • Analog Systems
  • Full Field Digital Mammography Systems
  • Breast Tomosynthesis Systems
• By Technology:
  • Screen Film
  • 2D Mammography
  • 3D Mammography
  • Other Technologies
• By Modality:
  • Portable Mammography Systems
  • Non-Portable Mammography Systems
• By End-User:
  • Hospitals
  • Ambulatory Surgical Centers
  • Other End-Users

Regional Insights

• Current Market Landscape: North America dominated the mammography systems market in 2023.
• Emerging Market: Asia Pacific poised as the fastest-growing region during the forecast period.

The mammography systems market is witnessing significant growth driven by technological advancements, increasing healthcare investments, and rising awareness of breast cancer. Innovations in AI and digital imaging are revolutionizing diagnostic capabilities, promising improved patient outcomes globally. Strategic expansions and acquisitions further bolster market presence, ensuring broader access to advanced mammography solutions in healthcare settings worldwide.

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