Mammography Market was valued at USD 2.13 Billion in 2022, and it is expected to reach USD 4.25 Billion by 2029

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Mammography Market was valued at USD 2.13 Billion in 2022, and it is expected to reach USD 4.25 Billion by 2029, exhibiting a CAGR of 10.3% during the forecast period (2023-2029)

Mammography Market Overview:

The Mammography Market report includes New recent developments, trade rules, import-export assessment, business model, value chain optimization, market share, the impact of domestic and localized market participants, evaluates opportunity in terms of emerging income pockets, shifts in market restrictions, tactical market growth analysis, sales volume, segment’s market growths, application niches and dominance, product approvals, product releases, geographic regions, etc..

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Mammography Market Scope:

A competitor’s information is provided in the highly competitive environment for the Mammography Market. The information includes a business overview, financials, revenue generated, market potential, research and development investment, new market efforts, geographical presence, firm advantages and disadvantages, product introduction, and application dominance. The information shown above is only related to the businesses’ focus on the Mammography industry.

Mammography Market Drivers:

Rising Occurrence of Breast Cancer: One of the main reasons of the mammography market's growth is the rising prevalence of breast cancer in the world. For example, according to a Globocan report, breast cancer had a prevalence rate of 11.7 percent, making it the most dominant type of cancer. The same survey found that Asia had the biggest number of affected people 3,218,496 (41.3%), followed by Europe 2,138,117 (27.4%), and North America 1,189,111 in terms of the five-year estimated prevalence for both sexes (15.3 %).

Furthermore, the WHO estimates that 627,000 women across the globe died from breast cancer in 2022, and that the incidence of breast cancer is greater among women in developed nations than in developing ones. Similar to this, according to Cancer Organization India, 25.0% of all female cancer cases in 2022 included the mouth and breast. Additionally, the Susan G. Komen Breast Cancer Foundation, Inc. estimates that 41,760 women will lose their lives to breast cancer in 2019.

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Mammography Market Segmentation:

by Product

Film Screen Systems
Digital Systems
Analog Systems
Biopsy Systems
3D Systems

by Technology

Breast Tomosynthesis
CAD
Digital

by Modality

Portable
Non-Portable

by End-use

Hospitals
Specialty Clinics
Diagnosis Centers
Others

Mammography Market Key Players:

The major players covered in the Mammography Market report are

1. Hologic Inc.
2. Analogic Corporation,
3. Canon Medical Systems Corporation
4. Fujifilm Corporation
5. Siemens Healthcare
6. Toshiba Medical Systems
7. Metaltronica
8. Koninklijke Philips NV
9. PLANMED OY
10. Allengers Medical Systems Ltd
11. General Electric Company
12. Konica Milota Inc.
13. Gamma Medica Inc.
14. Carestream Health
15. BMI Biomedical International SRL
16. General Medical Italia
17. Villa Systems Medical SpA

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Regional Analysis:

The causes for the global Mammography Market’s rise, and the industry’s numerous users, are explored. Market participants, geographies, and special requirements all give data. This study proposal is ready for the market and offers a full evaluation of all important advancements that are now prevalent in all market sectors. Statistics, infographics, and demonstrations have been used to provide key data analysis.

COVID-19 Impact Analysis on Mammography Market:

The COVID-19 pandemic resulted in a severe and prolonged decline in production utilization, while travel bans and facility closures kept people away from their facilities, leading the Mammography Market to slow in 2020. The new research features COVID 19’s impact on the Mammography Market, as well as insights, analysis, estimations, and projections.

Key Questions Answered in the Mammography Market Report are:

  • Which segment was responsible for the largest share in the Mammography market?
  • How was the competitive scenario of the Mammography market in 2020?
  • Which are the key factors responsible for the Mammography market growth?
  • Which region held the maximum share in the Mammography market in 2020?

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