Global Mammography Systems Market Expected to Reach USD 4,255.3 Million by 2027, According to New Report by Emergen Research
SURREY, BRITISH COLUMBIA, CANADA, April 17, 2022 /EINPresswire.com/ — The most recent and updated research report on the Global mammography systems market covers a comprehensive overview of the Mammography System market, future economic situation, competitive landscape mapping, supply & demand trends, and production & consumption analysis. The report also covers the influence of COVID-19 pandemic on the Mammography System market. The pandemic has dynamically affected all aspects of life globally, along with drastic changes in the economy and market conditions. The report covers the currently fluctuating market scenario along with the current and future assessment of the impact of COVID-19. The report includes historical data, company overview, financial status and necessary information about the new key players in the market.
Growing investments in the field of breast imaging and increasing cases of breast cancer are among the significant factors influencing the growth of the market.
Mammography Systems Market Size – USD 2,081.6 Million in 2019, Market Growth – CAGR of 9.3%, Market Trends – Growing Awareness for Early Detection of Breast Cancer
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COVID-19 impact analysis:
This report is the latest document encompassing the massive changes that have taken place in the Mammography System market following the emergence of the COVID-19 pandemic. Pandemic has drastically affected the global economic landscape, thereby disrupting the working mechanism of Mammography System market. The severe global crisis has prompted organizations to respond effectively to the rapidly changing business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with particular focus on the relevant industry segments. However, the market is expected to regain momentum in the post-COVID-19 era. The report also offers an initial and future assessment of the impact of the pandemic on the Mammography System industry. Therefore, the vital COVID-19 insights offered by the report are expected to help organizations manage their businesses effectively under extreme economic uncertainties.
Major participants include Hologic, Siemens Healthineers, Metaltronica, Philips Healthcare, Fujifilm, Mindray Medical International Limited, Planmed Oy, GE Healthcare and IMS Sri among others.
In addition, the report also provides an overview of product portfolios, costs, sales, production capacity, and market players. Raw materials, demand analysis, product flows, and distribution channels have been researched and researched in detail in this research report. Key trends and growth opportunities are offered through in-depth market investigation and review. A detailed development course is offered in the report along with related business information including local firms, industries, organizations, suppliers and manufacturers.
According to end users, diagnostic centers are expected to grow at the fastest rate of 10.0% during the forecast period. The diagnostic centers are equipped with the necessary mammography system and specialized personnel, as well as health personnel, to help in the process of detecting diseases in women with specific symptoms.
By product type, digital mammography system (Full Field Digital Mammography (FFDM) System), in terms of revenue, contributed the largest market share in 2019. It offers the advantage of magnification and adjustment of the images to precisely identify and inspect the anomalies. Additionally, images can be electronically transferred to other physicians, radiologists and breast surgeons for analysis.
Hologic’s smart 2D imaging technology and Clarity HD high-resolution 3D imaging have received premarket approval (PMA) from the US FDA (Food and Drug Administration) and are available on the 3Dimensions Breast Tomosynthesis System. With these advancements, the breast imaging system offers higher resolution 3D breast images for radiologists, an improved workflow for technologists, and a better mammography experience with low-dose alternatives for patients.
North America contributed the largest mammography systems market share in 2019 and is expected to grow at a rate of 8.8% during the forecast period. The dominance of the market is due to the greater acceptance of advanced technologies, well-established healthcare institutions, rising incidence of breast cancer and implementation of numerous breast cancer awareness initiatives in the region .
Growing technological advancements and increased investments in breast imaging diagnostics are driving the rapid growth of the mammography systems market. Hologic’s smart 2D imaging technology and Clarity HD high-resolution 3D imaging have received premarket approval (PMA) from the US FDA (Food and Drug Administration) and are available on the 3Dimensions Breast Tomosynthesis System. With these advancements, the breast imaging system offers higher resolution 3D breast images for radiologists, an improved workflow for technologists, and a better mammography experience with low-dose alternatives for patients.
Emergen Research has segmented the global mammography systems market on the basis of product type, usage, end users, and region:
Product Type Outlook (Revenue, USD Billion; 2017-2027)
Usage Outlook (Revenue, USD Billion; 2017-2027)
End User Outlook (Revenue, USD Billion; 2017-2027)
Middle East Africa
The report considers the following timeline for market estimation:
Historical years: 2017-2018
Base year: 2019
Estimated year: 2027
Forecast years: 2020-2027
Valuable Market Information:
The report highlights the latest trends observed in the consumption pattern of each regional segment.
The extensive market segmentation included in the report provides insight into the revenue and estimated growth of individual regions.
The report throws light on the historical and current market scenarios and provides a concise year-over-year growth rate of the global Mammography System market.
The report further presents current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
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