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| Global Mammography Market Size |
Mammography is an important diagnostic imaging technique used for early
detection and diagnosis of breast cancer. Mammography uses low-dose x-rays to
examine the internal structure of the breast and screen for abnormalities such
as tumors. It has proven effective at detecting cancers at earlier stages, when
treatment options tend to be most effective.
The global
mammography market is estimated to be valued at US$ 2360.16 Mn in 2023 and is expected to exhibit a CAGR of 6.5% over the forecast period
2023 to 2030, as highlighted in a new report published by Coherent Market
Insights.
Market key trends:
The increasing incidence of breast cancer is one of the key factors driving the
growth of the mammography market. As per the statistics provided by WHO, breast
cancer is the most common cancer in women worldwide, with an estimated 2.3
million new cases diagnosed in 2020. Early detection through regular mammogram
screenings can significantly improve the chances of successful treatment. The
rising public awareness about the benefits of early cancer screening and
diagnostic procedures along with increasing healthcare expenditure is
supporting higher adoption of mammography across major markets. This is
expected to accelerate the market growth over the forecast period.
Segment
Analysis
The global mammography market is segmented into product type, technology and
end-user. Based on product type, the mammography market is segmented into
analog mammography equipment, digital mammography equipment and breast
tomosynthesis systems. Among them, the digital mammography equipment segment
dominated the market with over 60% market share in 2023 owing to higher
reliability, specificity and sensitivity offered by digital mammography. Based
on technology, the mammography market is segmented into 2D mammography, 3D
mammography and combo. The 3D mammography segment is expected to witness the
highest growth during the forecast period due to its ability to detect tumors
that may be hidden in the breast tissue. Based on end-user, the mammography
market is segmented into hospitals, ambulatory surgical centers and clinics.
The hospitals segment holds the largest share in the market due to availability
of advanced healthcare facilities and highly skilled radiologists.
Key Takeaways
The Global
Mammography Market Size is estimated to be valued at US$ 2360.16 Mn in 2023 and is expected
to exhibit a CAGR of 6.5% over the
forecast period 2023 to 2030.
Regional Analysis
North America dominated the global mammography market with around 40% market
share in 2023 owing to increasing incidence of breast cancer, rising awareness
about early screening and technological advancements in the region. Asia
Pacific is expected to witness the highest growth during the forecast period
owing to growing healthcare infrastructure, rising awareness for early
detection of breast cancer and increasing disposable income.
Key Players
Key players operating in the mammography market are Anhui Jucheng Fine Chemical
Co, Ltd. (CJCC), Ashland Inc., BASF SE, Kemira, SNF Group, Black Rose
Industries Ltd., Shandong Polymer Bio-Chemicals Co., Ltd., Xitao Polymer Co.,
Ltd. and ZL EOR Chemicals Ltd. The players are focusing on new product launches
and technological advancements to stay competitive in the market. For instance,
in 2022, Anthropic introduced AI software techniques to analyze breast images
and improve cancer detection rates in mammograms.
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