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Mammography Systems Market By Product Type (Full-Field Digital Mammography, Analog Mammography Systems, Breast Tomosynthesis Systems), Technology (Screen-Film Mammography, Digital Mammography, 3D Mammography), End User (Hospitals, Diagnostic Centers, Specialty Clinics), & Region for 2024-2031


Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Mammography Systems Market By Product Type (Full-Field Digital Mammography, Analog Mammography Systems, Breast Tomosynthesis Systems), Technology (Screen-Film Mammography, Digital Mammography, 3D Mammography), End User (Hospitals, Diagnostic Centers, Specialty Clinics), & Region for 2024-2031

Mammography Systems Market Valuation – 2024-2031

The rising prevalence of breast cancer is increasing awareness and the need for early detection and screening, driving growth in the mammography systems market. Government initiatives and healthcare policies supporting routine mammograms, together with the expansion of healthcare infrastructure in emerging nations, have accelerated market growth. Furthermore, greater public awareness of the benefits of early breast cancer detection, as well as increased adoption of preventative healthcare practices, all contribute considerably to market growth. The mammography systems market is estimated to surpass a revenue of USD 2.48 Billion in 2024 and reach USD 4.56 Billion by 2031.

The mammography systems market has seen tremendous growth, owing to technical developments targeted at increasing early breast cancer identification and patient outcomes. Digital mammography has essentially superseded old film-based systems, providing higher image quality and lower radiation exposure. The introduction of 3D mammography, or digital breast tomosynthesis, enables multi-layered imaging, enabling more accurate detection of anomalies in thick breast tissue. The market is expected to rise with a projected CAGR of 7.90% from 2024 to 2031.

Mammography Systems MarketDefinition/ Overview

Mammography systems are specialized medical imaging instruments used for the early identification and diagnosis of breast disorders, including breast cancer. They use low-dose X-rays to make detailed images of breast tissue, known as mammograms, which radiologists examine for abnormalities like tumors or microcalcifications. These systems can be digital or analog, with digital mammography providing benefits for image storage, modification, and sharing. Advanced mammography techniques include 3D mammography or tomosynthesis, which captures numerous slices of the breast from various angles to provide a more complete view. The future of mammography systems seems hopeful, thanks to technological developments and increased awareness of early breast cancer screening. New advancements include 3D mammography (tomosynthesis), which delivers more detailed images and increases cancer detection rates while lowering false positives. AI and machine learning are being used to improve image analysis, diagnosis accuracy, and workflow efficiency.

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How are the Increasing Prevalence of Breast Cancer and Technological Advancements Set to Magnify the Mammography Systems Market?

The increasing prevalence of breast cancer necessitates effective screening tools, while technological advancements in mammography systems enhance detection accuracy and patient outcomes. Breast cancer affects millions of women worldwide each year and is influenced by a variety of factors, including aging populations, lifestyle changes, reproductive patterns, and hormonal factors. Mammography emphasizes the importance of early identification in successful treatment and improved results, as it identifies abnormalities such as tumors or calcifications before symptoms appear.

Many governments and health organizations propose screening programs for certain age groups with the goal of raising awareness, facilitating early detection, and, eventually, reducing the breast cancer burden. Digital technology has essentially supplanted old film-based mammography equipment, providing higher image quality, faster acquisition, and easier storage and transmission. Better visibility of breast tissue improves detection accuracy, potentially lowering the need for subsequent tests.

Furthermore, 3D mammography, also known as tomosynthesis, gives a three-dimensional image that reduces the overlapping tissue effects of 2D mammography, hence improving cancer detection, especially in dense breast tissue. This breakthrough increases diagnostic accuracy, decreases false positives, and may lead to fewer unneeded biopsies.

Additionally, the incorporation of AI into mammography systems enables radiologists to interpret images more precisely and effectively. AI systems examine mammograms for tiny abnormalities that humans may overlook, improving diagnostic precision and workflow efficiency. Soft compression paddles and shorter image acquisition periods are examples of improvements in patient experience that aim to reduce the discomfort and anxiety associated with mammography. These enhancements encourage more women to participate in screenings.

Technological improvements have resulted in a diversified industry, with offers ranging from traditional digital mammography to advanced 3D mammography devices and AI-powered platforms. This segmentation enables providers to cater to a variety of healthcare settings and patient needs, hence driving market growth. The growing demand for more accurate, efficient, and patient-friendly mammography systems drives investment in R&D.

How do High Costs and Patient Compliance Impede the Mammography Systems Market?

Mammography systems have significant initial purchase costs, which vary depending on type (analog vs. digital), features, and brand. This cost load is a substantial impediment, particularly for small healthcare facilities, clinics, and those in economically disadvantaged communities. Beyond the original investment, there are continuous costs for maintenance, updates, and technician training, which add to the financial burden.

The affordability and accessibility of mammography systems limit the capacity of smaller healthcare facilities and clinics to invest in modern technology. Healthcare facilities in low-income or underserved areas may lack access to cutting-edge mammography technology, compromising service quality and availability. Technological changes demand regular updates and upgrades to ensure diagnostic accuracy and regulatory compliance.

Furthermore, manufacturers must continually invest in R&D to innovate and improve their systems, which adds to overall expenses. Patient adherence to mammography screenings is hampered by a variety of variables, including a lack of awareness of the screenings’ significance, misconceptions about procedures, discomfort, radiation exposure, and efficacy. Geographical hurdles, schedule issues, and cultural stigmas all contribute to poor screening rates.

Additionally, high prices result in lower adoption rates of sophisticated mammography equipment among healthcare providers, especially in resource-constrained settings or smaller facilities. Uneven adoption rates among regions or healthcare institutions might divide the market, resulting in discrepancies in technology access and service quality. To address a wide range of market needs and regulatory restrictions, manufacturers must strike a balance between innovation and price.

Many people may be unaware of the value of frequent mammography screenings in the early diagnosis of breast cancer. In multicultural settings, language and cultural attitudes might influence awareness and willingness to undertake screenings. Rural and isolated places may lack easy access to mammography facilities, necessitating travel, which discourages compliance. Individuals may be discouraged from obtaining mammograms due to their anxiety about the probable findings.

Category-Wise Acumens

How does the Increasing Demand for Full-Field Digital Mammography in Hospitals Bolt up the Growth of the Mammography Systems Market?

The increasing demand for Full-Field Digital Mammography in hospitals not only improves diagnostic capabilities and operational efficiency but also supports patient-centered care initiatives. FFDM systems produce higher-quality images than standard analog mammography, thanks to digital technology. This provides for clearer and more detailed images of breast tissue, improving the ability to detect minor lesions or anomalies, which are critical for early breast cancer identification.

Diagnostic precision improves as high-resolution images aid in precisely diagnosing and characterizing breast abnormalities, lowering the likelihood of missed diagnoses and false positives, and ultimately leading to better patient outcomes. Radiologists who can confidently interpret digital mammograms make more accurate recommendations for follow-up tests or therapies depending on the findings. Digital mammography improves operational efficiency and workflow by allowing for faster picture acquisition and processing than analog systems. This leads to shorter patient wait times and faster availability of results, improving workflow efficiency in busy medical environments.

Furthermore, rapid turnaround times for mammography findings allow for timely patient monitoring and treatment planning, which contributes to overall healthcare efficiency. FFDM systems offer integration with electronic health records (EHRs), allowing mammography results to be seamlessly included into patients’ medical records. This integration promotes comprehensive patient care by giving healthcare providers access to prior imaging data, allowing for continuity of care and decision-making.

Additionally, accessibility grows when hospitals, which serve as important centers for healthcare services, make FFDM more broadly available to a diverse patient group. Patients benefit from easily accessible mammography services in hospital settings, which promotes regular screening and early detection procedures. Many hospitals’ comprehensive cancer care programs include routine mammography screening as part of their preventive healthcare services, which helps to strengthen the continuum of care by ensuring patients receive timely screenings and follow-up care.

Growing acceptance of FFDM in hospitals is driving market expansion, extending the entire market for mammography systems and increasing revenue for manufacturers and service providers. As hospitals continue to upgrade their imaging equipment to digital platforms, there is a continued demand for modern FFDM systems that provide expanded functions and technological advances.

Will the Rising Utilization of Breast Tomosynthesis Systems (3D Mammography) at Diagnostic Centers Contribute to the Propulsion of the Mammography Systems Market?

The growing utilization of breast tomosynthesis systems is expected to continue driving the growth of the mammography systems market. Breast tomosynthesis is recognized to provide sharper and more detailed images than traditional 2D mammography, resulting in fewer false positives and better diagnosis of breast malignancies. The capacity to observe breast tissue in several thin slices improves visibility, allowing radiologists to discover abnormalities that would otherwise be covered in traditional mammograms.

Tomosynthesis produces fewer false alarms due to improved clarity and depth perception, reducing the need for additional imaging and biopsies and improving overall diagnostic efficiency. Clinical advantages include improved early diagnosis of breast tumors, particularly in their early stages, allowing for more effective treatment and ultimately better patient outcomes. Accurate diagnosis enables timely intervention and tailored therapy planning, resulting in improved patient care.

Furthermore, tomosynthesis is very useful for imaging dense breast tissue, overcoming obstacles that conventional mammography may encounter due to overlapping structures. In terms of market dynamics, there is an increase in demand for 3D mammography systems due to their established therapeutic benefits and patients’ increased preference for advanced screening technology. The market growth is being driven by the rising availability and affordability of tomosynthesis systems, particularly in developed countries with strong healthcare infrastructure.

Additionally, continuous technological developments in tomosynthesis, such as shorter scan times, higher picture resolution, and integration with other diagnostic modalities, entice healthcare providers to modernize their facilities. Despite greater starting costs than 2D mammography, tomosynthesis’s long-term cost-effectiveness in avoiding unnecessary operations and increasing outcomes justifies its use. Tomosynthesis is often more comfortable for patients than standard mammography because of the shorter compression time and clearer instructions, which contributes to increased screening compliance.

Improved diagnostic accuracy and reduced concern over false positives encourage more women to have frequent screenings, which boosts overall compliance. Tomosynthesis has been approved and endorsed by regulatory organizations in several locations, giving healthcare practitioners and patients peace of mind about its safety and efficacy. Educational initiatives that highlight the benefits of 3D mammography help to raise awareness and acceptability among healthcare professionals and the public.

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Will the Advanced Healthcare System and Strong R&D Landscape in North America Progress the Mammography Systems Market Further?

North America’s rising and a well-developed healthcare infrastructure, including a dense network of hospitals, diagnostic facilities, and specialty clinics. This infrastructure allows extensive access to healthcare services, including mammography screening, resulting in increased utilization of mammography systems within local communities. The region’s healthcare system prioritizes early detection and comprehensive cancer care initiatives, which include routine mammography screening for eligible populations.

The strict application of quality standards and recommendations for breast cancer screening and diagnosis guarantees that mammography systems maintain high levels of diagnostic accuracy and patient care. North America has a robust research and development (R&D) ecosystem, with premier medical research organizations, university centers, and healthcare technology firms pushing innovation in diagnostic imaging technologies such as mammography systems. Ongoing R&D efforts are aimed at improving imaging quality, increasing detection sensitivity, minimizing radiation exposure, and incorporating artificial intelligence (AI) for automated picture analysis and decision support.

Furthermore, technological improvements such as digital breast tomosynthesis (3D mammography) and AI-powered image interpretation are expected to improve diagnosis accuracy and patient outcomes. The robust R&D environment allows for clinical trials and research to test the efficacy of novel mammography technology and procedures. Evidence-based practices resulting from study findings aid healthcare professionals in adopting and implementing improved mammography technologies, providing evidence-based care delivery.

Additionally, healthcare reforms expanded insurance coverage, and increased patient awareness of the importance of early cancer detection all help to drive market development. Investment and partnership opportunities in North America are bolstered by a favorable economic climate and the availability of venture funding, promoting investments in healthcare technology startups and diagnostic imaging enterprises. Collaborations between academia, industry, and healthcare providers speed up the development and commercialization of breakthrough mammography technology, resulting in increased market growth.

The regulatory environment in North America protects the safety and efficacy of mammography equipment through strong regulatory standards, which fosters consumer confidence and market adoption. Favorable reimbursement rules for mammography screenings encourage healthcare providers to invest in improved imaging equipment, which drives market growth and acceptance.

Will the Rising Economic Growth and Awareness Programs in Asia Pacific Region Stimulate the Growth Mammography Systems Market?

Rapid growing economic in Asia Pacific is driving up healthcare spending, with governments and the private sector investing in increasing healthcare infrastructure, including hospitals and diagnostic centers, which are required for the adoption of new medical technologies such as mammography systems. Economic growth drives demand for sophisticated medical technologies, allowing healthcare providers to invest in cutting-edge medical equipment that improves diagnostic capabilities and patient care.

The growing middle class and urbanization are driving demand for improved healthcare services, particularly early identification and screening for diseases such as breast cancer. Breast cancer awareness campaigns and public health initiatives are gaining traction throughout Asia Pacific, encouraging frequent mammography screenings for early detection and emphasizing the significance of prompt diagnosis and treatment. This increased awareness is improving participation rates in breast cancer screening programs, driving up demand for mammography systems and potentially lowering breast cancer mortality rates.

Technological improvements, such as the use of 3D mammography (Tomosynthesis), improve diagnostic accuracy by providing crisper images and better detection of abnormalities than traditional 2D mammography. Healthcare providers in Asia Pacific are progressively using these systems due to their established clinical benefits and rising patient demand for improved screening procedures. Governments in the region are developing regulatory frameworks to ensure the safety and efficacy of medical devices, including mammography systems, while favorable reimbursement policies for breast cancer screening procedures encourage healthcare providers to invest in these technologies, making them more accessible to the public.

The demographic change toward an ageing population and changing lifestyles lead to rising breast cancer incidence rates in Asia Pacific, boosting demand for screening and diagnostic services. International manufacturers are increasing their presence in the region through partnerships with local distributors, direct investments in manufacturing facilities, and tailored marketing strategies, while domestic manufacturers are emerging to meet local demand, thereby improving market competitiveness and affordability.

Competitive Landscape

The competitive environment for mammography systems is characterized by a varied range of manufacturers and emerging market entrants competing to innovate and acquire market share. Competition focuses on improving diagnostic accuracy, increasing patient comfort, and adhering to demanding regulatory criteria in diverse worldwide locations. Emerging players frequently emphasize price, portability, or specialized functionalities when carving out niche markets or catering to specific healthcare contexts such as diagnostic centers or mobile units. Collaborations with research institutes and healthcare providers are traditional tactics for validating new technologies and gaining market traction among established competitors.

Some of the prominent players operating in the mammography systems market include

  • Philips N.V.
  • General Electric Company
  • Analogic Corporation
  • Carestream Health, Inc.
  • Planmed Oy
  • Delphinus Medical Technologies
  • Fujifilm Holdings Corporation
  • Hologic, Inc.
  • IMS Giotto S.P.A
  • Konica Minolta Inc.

Latest Developments

  • In April 2024, Hologic Inc. has announced its acquisition of Endomag, a breast care company, for $310 million. This acquisition aims to expand Hologic’s breast surgery portfolio with Endomag’s technologies, including the Magseed marker for magnetic tissue localization, Magtrace injectable for lymphatic tracing in breast cancer staging, and the Sentimag platform. These additions will enhance options for surgeons and radiologists, catering to the specific needs of patients undergoing critical breast cancer procedures.
  • In December 2023, Lunit, a medical AI company, has agreed to acquire Volpara Health Technologies, based in New Zealand and known for its AI-powered software for early detection of breast cancer. This acquisition aims to leverage Volpara’s established presence in over 2,000 US medical sites to propel Lunit to the forefront of the American market. By integrating Volpara’s AI-powered image analysis capabilities, Lunit aims to lead innovation in cancer diagnostics and therapeutics, enhancing outcomes for healthcare professionals and patients.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2021-2031

Growth Rate

CAGR of ~ 7.90% from 2024 to 2031

Base Year for Valuation

2024

Historical Period

2021-2023

Forecast Period

2024-2031

Quantitative Units

Value in USD Billion

Report Coverage

Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis

Segments Covered
  • Product Type
  • Technology
  • End-User
Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Key Players

Philips N.V., General Electric Company, Analogic Corporation, Carestream Health, Inc., Planmed Oy, Delphinus Medical Technologies, Fujifilm Holdings Corporation, Hologic, Inc., IMS Giotto S.P.A, Konica Minolta, Inc., Koninklijke.

Customization

Report customization along with purchase available upon request

Mammography Systems Market, By Category

Product Type

  • Full-Field Digital Mammography
  • Analog Mammography Systems
  • Breast Tomosynthesis Systems

Technology

  • Screen-Film Mammography
  • Digital Mammography
  • 3D Mammography

End-User

  • Hospitals
  • Diagnostic Centers
  • Specialty Clinics

Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

Research Methodology of Market Research

Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )