Vietnam Mammography Devices Market to Grow with a CAGR of 8.85% through 2029
Increasing Oral Health Awareness and Expanding Healthcare Infrastructure
are expected to drive the Vietnam Mammography Devices Market growth in the
forecast period, 2025-2029
According to TechSci Research report, “Vietnam Mammography
Devices Market – Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”,
Vietnam Mammography Devices Market stood at USD 10.75 million in 2023 and is
anticipated to grow with a CAGR of 8.85% through 2029.
The escalating incidence rates of breast cancer in
Vietnam are propelling the demand for mammography devices. As breast cancer
emerges as a critical public health concern, healthcare providers are
prioritizing the establishment of screening programs and diagnostic services,
consequently driving market expansion.
Vietnam's sustained economic growth and the concurrent
rise in per capita income levels are fostering affordability in healthcare
services, including breast cancer screening. With increasing disposable
incomes, a larger proportion of the population can now access mammography
services, resulting in a surge in market demand. Demographic shifts, such as an
aging population and evolving lifestyle patterns, are significant influencers
of market growth. The aging demographic profile contributes to a heightened
prevalence of breast cancer, thereby amplifying the need for mammography
devices and related services.
Also, heightened efforts in patient education and
advocacy are fueling the demand for breast cancer screening services. As
individuals become more enlightened about the criticality of early detection,
there is a proactive inclination towards seeking mammography services, thereby
further stimulating market growth. The conjunction of rising breast cancer
incidence rates, economic prosperity, demographic changes, and enhanced patient
awareness collectively underpin the burgeoning demand for mammography devices
in Vietnam's healthcare landscape.
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The Vietnam Mammography Devices Market is segmented
into product type, technology, end user, regional distribution, and company.
Based on technology, Digital mammography systems offer
unparalleled image quality compared to traditional analog systems. The advanced
digital technology allows for higher resolution, improved contrast, and
enhanced visualization of breast tissue abnormalities, resulting in superior
diagnostic accuracy. Radiologists can effectively identify lesions and
abnormalities, leading to early detection and better patient outcomes. This
superior image quality is a significant driver of their dominance in the
market.
Also, digital mammography systems streamline the
imaging process and enhance workflow efficiency in healthcare settings. Unlike
traditional analog systems that require film processing and manual handling,
digital systems enable instant image acquisition and electronic storage. This
reduces examination times, eliminates the need for film storage, and simplifies
image retrieval and sharing. Healthcare providers prioritize such efficiency
gains, making digital mammography systems highly desirable for optimizing operational
processes and improving patient throughput.
Continual advancements and innovations in digital
mammography technology further reinforce their dominance in the market.
Innovations such as digital breast tomosynthesis (DBT), contrast-enhanced
digital mammography (CEDM), and computer-aided detection (CAD) software enhance
system capabilities. These advancements enable more accurate lesion detection,
decrease false-positive rates, and enhance overall diagnostic efficiency,
solidifying digital mammography systems as the preferred choice for breast cancer
screening and diagnosis. The unparalleled image quality, workflow efficiency,
and continual technological advancements of digital mammography systems
position them as indispensable tools in breast cancer detection and diagnosis,
driving their dominance in the market.
Major companies operating in Vietnam Mammography
Devices Market are:
- Hologic Inc.
- Analogic Corporation
- Canon Medical Systems Corporation
- Siemens Healthineers AG
- Toshiba International Corporation
- Koninklijke Philips N.V.
- Metaltronica S.p.A
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“Vietnam Mammography Devices Market presents promising
opportunities for growth driven by factors such as increasing breast cancer
awareness, government initiatives to improve healthcare infrastructure,
technological advancements, and rising incidence rates of breast cancer. With a
focus on enhancing early detection and diagnosis, improving patient outcomes,
and expanding access to screening services, the market is poised for sustained
expansion. As stakeholders continue to innovate, collaborate, and invest in
advanced mammography technologies, the Vietnam Mammography Devices Market is
expected to play a pivotal role in the country's efforts to combat breast
cancer and improve women's health outcomes”, said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based management consulting firm.
“Vietnam Mammography Devices Market By Product
Type (Full-Field Digital Mammography, Film-Screen Mammogram, Breast
Tomosynthesis), By Technology (Digital, Analog), By End User (Hospitals &
Clinics, Diagnostic Centers, Others), By Region, Competition, Forecast &
Opportunities, 2019-2029F”, has evaluated
the future growth potential of Vietnam Mammography Devices Market 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 Vietnam Mammography Devices Market.
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