United States Mammography Market Size By Product Type, By Technology, By Application, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
United States Mammography Market Size By Product Type, By Technology, By Application, By Geographic Scope And Forecast
United States Mammography Market Size And Forecast
United States Mammography Market size was valued at 177.55 USD Million in 2023 and is projected to reach 361.42 USD Million by 2030, growing at a CAGR of 10.25%during the forecast period 2024-2030.
United States Mammography Market Drivers
The market drivers for the United States Mammography Market can be influenced by various factors. These may include
Rising Breast Cancer Incidence Because breast cancer is still a major public health concern in the US, there is a constant need for early screening and detection, which is fueling the market for mammography services and products.
Technological Developments in Mammography The accuracy and efficacy of breast cancer screening are increased by technological innovations including digital mammography, computer-aided detection (CAD) systems, and 3D mammography (tomosynthesis). These developments also result in increased adoption rates.
Healthcare Regulations and Government Activities Healthcare regulations that require mammography screening for specific age groups and government activities that promote breast cancer screening and awareness can both fuel market expansion.
Growing Ageing Population As the US population ages, older women are more likely to develop breast cancer, which raises the need for mammography services.
Growing Healthcare Expenditure More insurance coverage for mammography screening in conjunction with growing healthcare costs in the US may lead to a rise in the use of mammography services.
Education and Awareness Campaigns By educating the public about the value of routine breast cancer screening, healthcare organisations, advocacy groups, and governmental organisations hope to increase the number of women who get mammograms.
Technological Innovations and Product Development As mammography technology advances, more patients and healthcare providers may choose to invest in mammography services and equipment. One example of this innovation is the creation of faster and more comfortable imaging systems.
Movement Towards Personalised Medicine The need for sophisticated diagnostic instruments like molecular breast imaging and contrast-enhanced mammography, which can offer more precise and customised diagnoses, is being driven by the movement towards personalised medicine and precision oncology.
United States Mammography Market Restraints
Several factors can act as restraints or challenges for the United States Mammography Market. These may include
Regulatory Challenges Market participants may face difficulties as a result of strict rules and compliance requirements, which could raise costs and cause delays in the approval of new products.
Expensive Equipment and Services Mammography equipment and associated services can be costly, which makes them inaccessible to underserved areas and smaller healthcare providers.
Technological Limitations Despite improvements, certain technologies might still have issues with resolution, accuracy, or patient comfort, which could prevent them from being widely used.
Limited Insurance Coverage Patients may be discouraged from having mammograms if their insurance does not give enough coverage, especially if they are financially strapped.
Radiation Exposure Fears Despite the fact that radiation dosages from mammograms have been greatly decreased by current technology, some patients may be reluctant to undertake the procedure.
Lack of Trained Radiologists and Technologists in the Workforce This can cause delays in the interpretation of mammograms and extend patient wait times.
Competitive Market Dynamics Tight margins and pressure on prices can result from fierce rivalry between suppliers and manufacturers.
Patient Uncomfort and Anxiety Mammography can cause discomfort and anxiety in certain patients, which may result in decreased screening compliance rates or screening avoidance entirely.
New Alternative Screening Techniques These techniques, such breast MRIs and ultrasounds, could be more advantageous than regular mammograms and hence pose a competitive risk to the market.
Public Education and Awareness A lack of knowledge on the significance of routine mammography exams and breast health may lead to a decline in the demand for services.
United States Mammography Market Segmentation Analysis
The United States Mammography Market is Segmented on the basis of Product Type, Technology, Application, And Geography.
United States Mammography Market, By Product Type
Digital mammography systems These are the most common type of mammography system in use today. They use digital X-ray detectors to capture images of the breast, which can then be stored electronically and viewed on a computer screen.
Analog mammography systems These are older systems that use film to capture images of the breast. Analog mammography systems are less common today than digital mammography systems.
United States Mammography Market, By Technology
2D mammography This is the traditional type of mammography that uses X-rays to create a two-dimensional image of the breast.
3D mammography (tomosynthesis) This is a newer type of mammography that uses X-rays to create a three-dimensional image of the breast. 3D mammography is more expensive than 2D mammography, but it may be more effective at detecting breast cancer.
United States Mammography Market, By Application
Screening mammography This type of mammography is used to detect breast cancer in women who have no symptoms of the disease.
Diagnostic mammography This type of mammography is used to investigate a breast abnormality that has been found on a screening mammogram or during a physical examination.
United States Mammography Market, By Geography
North America Market conditions and demand in the United States, Canada, and Mexico.
Europe Analysis of the United States Mammography Market in European countries.
Asia-Pacific Focusing on countries like China, India, Japan, South Korea, and others.
Middle East and Africa Examining market dynamics in the Middle East and African regions.
Latin America Covering market trends and developments in countries across Latin America.
Key Players
The major players in the United States Mammography Market are
Siemens AG
GE Healthcare
Koninklijke Philips N.V.
Fujifilm Holdings Corporation
Hologic Inc.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Million)
KEY COMPANIES PROFILED
Siemens AG, GE Healthcare, Koninklijke Philips N.V., Fujifilm Holdings Corporation, Hologic Inc.
SEGMENTS COVERED
By Product Type, By Technology, By Application, And By Geography
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