Mammography Devices Market to grow at a Significant Rate During the Forecast Period
Increasing
concern toward early diagnosis of breast cancer drives the growth of Global
Mammography Devices Market in forecast years, 2022-2026.
According to TechSci Research report, “Global
Mammography
Devices Market By Technology (Digital Technology, CAD, 3D Technology) By
Product Type (Analog Mammography Systems, Digital Mammography Machines, Breast
Tomosynthesis) By End User (Hospitals & Clinics, Diagnostic Centers,
Ambulatory Care Centers, Others) By Region, Competition Forecast &
Opportunities, 2026”, the global mammography devices market is anticipated
for an impressive boost in the upcoming five year, 2022-2026. The market has
shown a consistent growth with influential CAGR in past five years until 2019.
The factors like government aid for early diagnosis and treatment plans is influencing
the market growth. Government is actively taking initiatives for improved
clinical interpretations and increasing rapid screening thereby boosting the
technologically advanced mammography devices market at a global level.
HRSA introduced the Federal Consolidated Health Center Programs to
improve the screening processes in medically challenged areas. The program was
introduced to aid financially unstable families in early diagnosis of the
diseases.
Due to the onset of COVID-19 and imposition of complete lockdown to
mitigate the coronavirus, there has been shutdown of many manufacturing units
and disruption in the supply chain resulting in interrupted production and
lesser supply of the mammography devices all around the globe. Also, the
economy has been adversely affected in many countries resulting in the
hinderance to the growth of the mammography devices market. However, after
relief from lockdown market is again going to pick up pace to grow significantly.
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The global mammography devices market is segmented by
technology, product type, end user, and regional distribution. Based on product
type, the market is further bifurcated into analog mammography systems, digital
mammography machines, and breast tomosynthesis. Technological advancements have
aided the growth of the digital mammography machines helping it to assert its
dominance over the market. Advances like the introduction of computer aided
design (CAD) in mammography aids the radiologists in identifying the hidden
tumorous cells and interprets the images by putting the mammogram into digital
form. This advancement in the technology has aided to the growth of market many
folds in the historical years and is anticipated to continue the growth in
future too.
Moreover, government is spreading the awareness regarding
the availability of the mammography devices, early diagnosis of the disease is
necessary to allow better treatment and enhancing chances of curing the cancer
is forcing the end users to continuously upgrade their devices thereby driving
the growth of the mammography market.
Some of the major competitors in the market are
Siemens Healthineers AG, GE Healthcare, Koninklijke Philips N.V., Canon Medical
Systems Corporation, Fujifilm Holdings Corporation, Carestream Health, Inc.,
Delphinus Medical Technologies, Inc, Konica Minolta Inc, Hologic Inc., Planmed
OY, Metaltronica SpA, IMS Giotto S.P.A, NP JSC Amico, Analogic Corporation, KUB
Technologies Inc., among others. The companies are focusing on extensive
research and developments activities to stay competitive in the market. Other
competitive strategies include formation of alliances and partnerships.
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“North
America is anticipated to continue its dominance for the global mammography
devices market in the forecast period. In the last ten years, the region
suffered from the growing number of patients with breast cancer. Moreover,
patients who were aged over 40 subsequently led to the increase in the cases
and chances of breast cancer thereby driving the growth in the market. The
countries like US, Canada have quite sufficient healthcare facility also the
government in the countries aids the procedure by reimbursing the process. The
increasing number of mammography devices in the hospitals and clinics is
driving the market growth. India and China are the rapidly developing market in
Asia-Pacific region. The dynamic shift in the lifestyle and changing life choices
are increasing the chances of increasing number of breast cancer patients,
making Asia-Pacific an emerging and promising market,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based Global management
consulting firm.
“Global Mammography Devices Market By Type
(Joint Reconstruction Devices, Spinal Devices, Trauma Devices, Ortho-biologics,
Others) By Application (Hip Mammography Devices, Knee Mammography Devices,
Spine Mammography Devices, Craniomaxillofacial Mammography Devices, Dental Mammography
Devices, Others) By End User (Hospitals & Clinics, Ambulatory Care Centers,
Others) By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future growth
potential of Global Mammography Devices and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and analyzes
the emerging trends along with essential drivers, challenges, and opportunities
in Global Mammography Devices.
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