Mammography Systems Market To Record Lucrative Growth, Revenue To Surge To US$ 2.69 Billion by 2023

25-Apr-2018 | Zion Market Research

With the presence of a large pool of participants, the Global mammography systems market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). Hologic Inc., FUJIFILM Holdings America Corporation, Siemens Healthcare Private Limited, and GE Healthcare are some of the key vendors of mammography systems across the world. These players are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the mammography systems market study.

Citing an instance, in August 2018, iCAD incorporation, a medical device manufacturer based in the U.S., declared that FDA approved PowerLook Density Assessment Version 3.4, an AI software solution of iCAD. Reportedly, the software is compatible with the firm’s DBT (digital breast tomosynthesis) tool on both Hologic as well as GE mammography systems, thereby adding to the organization’s breast health solutions portfolio.

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Browse the full "Mammography Systems Market by Type (Analog Mammography Systems, Digital Mammography Systems and Breast Tomosynthesis Systems), By Technology (2D Mammography, 3D Mammography and Combined 2D and 3D Mammography) and by End Users for Hospitals, Ambulatory Surgical Centers, Educational & Research Institutes and Diagnostic Centers: Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2023" report at  http://www.zionmarketresearch.com/report/mammography-systems-market

As estimated in this report, the global mammography systems market stood at US$ 1.68 billion in 2017. Witnessing a tremendous rise during the period from 2017 to 2023, the revenue in this mammography systems market is expected to reach US$ 2.69 billion by the end of the forecast period. The main types available in this mammography systems market are analog mammography systems, digital mammography systems, and breast tomosynthesis systems. Among the three, the demand for digital mammography systems is relatively higher and the trend is anticipated to remain so over the next few years, notes the mammography systems market research report.

Global Mammography Systems Market

Rise In Healthcare Investments & Government Initiatives To Propel Sales

“Colossal funding of healthcare activities along with the escalating demand for persistent monitoring of the mammary glands or breasts will impel the growth of mammography systems market in the years ahead,” says the author of this mammography systems market study. Apart from this, government has displayed proactiveness in early detection of breast cancer and has enhanced the availability of mammary gland cancer screening systems, thereby further augmenting expansion of mammography systems market.

Risks of exposure to radiations and generating of inaccurate positive or negative outcomes, however, are anticipated to pose a threat to the progression of mammography systems market in the coming years.

Advanced Healthcare Solutions To Help North America Maintain Dominance

Regionally, North America has been leading the worldwide mammography systems market and is anticipated to continue on the dominant position in the years to come, states the mammography systems market study. Sophisticated healthcare amenities along with favorable compensation policies in the region are the major factors behind the dominance of the North America mammography systems market. Furthermore, rampant rise in the number of mammography units in hospitals & diagnostic centers in the U.S. is expected to result in exponential growth of mammography systems market across the region. The high number of market players being headquartered in North America is another significant factor that is supporting this regional mammography systems market.

The global mammography systems market is segmented as follows:

By Type

  • Analog Mammography Systems
  • Digital Mammography Systems
    • Computed Radiography Systems
    • Digital Radiography Systems
  • Breast Tomosynthesis Systems

 By Technology

  • 2D Mammography
  • 3D Mammography
  • Combined 2D And 3D Mammography

By End-User

  • Hospitals
  • Ambulatory Surgical Centers
  • Educational & Research Institutes
  • Diagnostics Center

By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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