Malaysia
mammography devices market is anticipated to grow significantly in the
projected period of 2028 because of the rising prevalence
of breast cancer and technological advancements and increasing product launching
in medical device industries. Also, there is a growing awareness among women and healthcare
providers about the importance of early diagnosis and treatment of breast
cancer. A low-dose x-ray device is used in the specialized
medical imaging procedure known as mammography to view within the breasts. A
mammogram, also known as a mammography examination, helps women with the early
detection and diagnosis of breast disorders. Doctors use x-ray examinations to
identify and treat medical disorders. To create images of the inside of the
body, a small amount of ionizing radiation is exposed to the patient. The
earliest and most used type of medical imaging is x-ray. Digital mammography, computer-aided
detection, and breast tomosynthesis are three new mammography advancements. Since mammography can detect
changes in the breast years before a patient or doctor can feel them, it is
crucial in the early detection of breast cancer. The National Comprehensive
Cancer Network (NCCN) and the American College of Radiology (ACR) currently
recommend screening mammography for women beginning at age 40. Annual
mammograms, according to research, help detect breast cancers at an early
stage, when treatment options for them are most favorable. The American Cancer
Society (ACR) and the National Cancer Institute (NCI) also advise women who
have had breast cancer and those who are more at risk due to a family history
of breast or ovarian cancer to consult with a medical professional before
starting screening before the age of 40. When a woman or her doctor notices an
abnormal clinical finding, like a breast lump or nipple discharge, diagnostic
mammography is used to assess the patient. After an abnormal screening
mammogram, diagnostic mammography may also be performed to assess the screening
exam's area of concern which is expected to expand the Malaysia mammography devices market. With the increasing
demand for advanced medical technologies, such as X-Ray imaging system, healthcare
providers are expected to invest heavily in new and advanced imaging
technologies to improve patient care, as such, the Malaysia mammography devices
market is expected to grow. According to The International Agency for
Research in Cancers, 3,503 deaths were reported due to the prevailing breast
cancer, which accounts for 11.9% of the total deaths reported in 2020, that is
29,530.
Rising Prevalence of Breast Cancer directs Enormous Demand
of Mammography Devices
Breast cancer is a serious health concern in Malaysia,
as it is one of the most common types of cancer affecting women in the country. Breast cancer develops when
cells in the ducts or the lobules (milk-producing glands) develop abnormally
and proliferate uncontrollably. These abnormal cells start to invade the tissue
around the breast and may later spread to the lymph nodes, lungs, bones, brain,
and liver through blood vessels and lymphatic channels. Early detection is
crucial in improving breast cancer outcomes, and mammography is one of the most
effective screening tools available. According to Breast Cancer Foundation,
every year, nearly 40% of newly discovered cases for breast cancer in
Malaysia were already very far along in the disease. To increase breast
cancer awareness and improve access to screening, the Malaysian government and
private sector are focusing on expanding the mammography devices market. Risk
factors come in various forms, some of these factors are uncontrollable, while
others are connected to environmental or lifestyle factors that cause cancer,
such as pregnancy, smoking, Oral contraceptive use, Hormone replacement therapy,
Obesity and high-fat diets, Physical inactivity and alcohol consumption. To
address this, the government is investing in expanding the number of
mammography units in rural areas, particularly in community health centers and
primary care clinics. The private sector is also playing a role by investing in
mobile mammography units that can reach underserved areas which is expected to
boom the Malaysia mammography devices market. Advances in digital mammography
technology have made it possible to produce high-quality images using lower
radiation doses, making it safer for women to undergo screening. The government
and private sector are actively investing in digital mammography devices,
particularly those that can be used in remote areas. Additionally, telemedicine
services are being used to provide remote access to mammography interpretation services,
which can help ensure that women in rural areas receive timely and accurate
results hence augmenting the growth of the Malaysia mammography devices market.
According to The International Agency for Research in Cancers, number of new
cases of breast cancer in Malaysia in 2020 were reported to be 8418, which
accounts for 17.3 % of the total cancer cases in Malaysia that is 48,639.
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Rising Technological Advancements and Innovations is Expanding
the Malaysia Mammography Devices Market
One of the areas that have seen a substantial increase in
innovation is mammography devices. Mammography devices are medical imaging
machines that are used to screen and diagnose breast cancer. The demand for
mammography devices in Malaysia has been on the rise, and this trend is expected
to continue as the country strives to improve its healthcare infrastructure. The
increase in technology and innovation has played a critical role in driving the
growth of the mammography devices market in Malaysia. New technologies have been
developed, and existing ones have been improved to make mammography devices
more efficient and accurate. For instance, digital mammography machines have
replaced analog ones, provided better image quality and reducing radiation
exposure. Additionally, advancements in computer-aided detection (CAD) software
have made it easier for radiologists to detect breast cancer, particularly in
its early stages. Another factor that has contributed to the growth of the
mammography devices market in Malaysia is the government's focus on improving
healthcare infrastructure. Malaysia
came in first place with a score of 95 out of 100, in the Best Healthcare in
the World category of the 2019 International Living Annual Global Retirement
Index. The Malaysian government
has made significant investments in healthcare infrastructure, including the
acquisition of new medical equipment. This investment has created an
opportunity for manufacturers of mammography devices to enter the Malaysian
market and provide innovative solutions that meet the country's growing demand
for quality healthcare. In addition to
the government's investment in healthcare infrastructure, the private sector
has also played a crucial role in driving the growth of the mammography devices
market in Malaysia. Private healthcare providers have invested in modern
equipment and technologies to provide quality healthcare services to their
patients. According to the Ministry of Health Malaysia, 8.10 billion USD
were allocated to ministry of health with an increase of about 11.5 per cent
from 7.20 billion USD allocated in Budget 2022. This investment has created a market for
mammography devices as private healthcare providers seek to provide their
patients with the latest and most efficient technologies, leading to the immense
growth of the Malaysia mammography devices market. According to WHO, in 2019 Malaysia, it is
anticipated that healthcare will account for around 7.25% of the nation's GDP.
Recent Development
In October 2022, under the
2023 federal budget, the government allocates a budget of 2.46 million USD to
increase the number of subsidized screenings for breast and cervical cancer. Out
of the total 2.46 million USD, has been allocated for mammogram test
subsidies in 2023 Budget, while 1.23 million USD was allocated for cervical
cancer screening subsidies. ROSE Foundation will oversee implementing PCR
screening for cervical cancer in cooperation with University Malaya and University
Malaysia Sarawak. The program's distinguishing characteristic is that all women
who test positive for HPV DNA are linked to care and given the proper
management thanks to the use of digital technology.
Market Segmentation
Malaysia mammography
devices market is segmented into product type, technology, end user, company, and regional distribution. Based on product type,
Malaysia mammography devices market is divided into full-field digital mammography, film-screen mammogram,
breast tomosynthesis. Based on technology, Malaysia mammography devices
market is categorized into digital
and analog. Based
on end user, Malaysia mammography devices market is categorized into hospitals
& clinics, diagnostic centers, and others. Based on region, the Malaysia mammography
devices market is segmented into the East Malaysia and the West Malaysia.
Company Profiles
Siemens Healthcare, Fujifilm Holdings, Koninklijke
Phillips N.V., GE Healthcare, QST Technologies (M) Sdn. Bhd., Canon Medical
Systems, SHIMADZU, Esaote, DANMEDIK SDN BHD, Latimax Systems Sdn Bhd are some
of the key players of Malaysia mammography devices market.
Attribute
|
Details
|
Base Year
|
2022
|
Historic Data
|
2018 – 2021
|
Estimated Year
|
2023
|
Forecast Period
|
2024 – 2028
|
Quantitative Units
|
Revenue in USD Million, Volume in tons and CAGR for
2018-2022 and 2023-2028
|
Report Coverage
|
Revenue forecast,
volume forecasting, Company shares, competitive landscape, growth factors,
and trends
|
Segments Covered
|
Product Type
Technology
End User
|
Country Scope
|
The East
Malaysia and The West Malaysia.
|
Key Companies Profiled
|
Siemens
Healthcare, Fujifilm Holdings, Koninklijke Phillips N.V., GE Healthcare, QST
Technologies (M) Sdn. Bhd., Canon Medical Systems, SHIMADZU, Esaote, DANMEDIK
SDN BHD, Latimax Systems Sdn Bhd
|
Customization Scope
|
10% free report customization with purchase. Addition
or alteration to country, regional & segment scope.
|
Pricing and Purchase
Options
|
Avail customized
purchase options to meet your exact research needs. Explore purchase options
|
Delivery Format
|
PDF
and Excel through Email (We can also provide the editable version of the report
in PPT/Word format on special request)
|
Report Scope:
In this report, the Malaysia mammography devices market has been segmented into the following categories, in addition
to the industry trends, which have also been detailed below:
- Malaysia Mammography
Devices Market, By Product Type:
- Full-Field Digital
Mammography
- Film-Screen
Mammogram
- Breast Tomosynthesis
- Malaysia Mammography
Devices Market, By Technology:
- Malaysia Mammography Devices Market, By End User:
- Hospitals &
Clinics
- Diagnostic Centers
- Others
- Malaysia Mammography
Devices Market, By Region:
- The
East Malaysia
- The
West Malaysia
Competitive landscape
Company Profiles: Detailed analysis of the major companies in Malaysia
mammography devices market.
Available Customizations:
With the given market data, TechSci Research offers customizations
according to a company’s specific needs. The following customization options are
available for the report:
Company
Information
- Detailed analysis and profiling of additional market players
(up to five).
Malaysia mammography devices market is
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or want to confirm the date of release, please contact us at [email protected]