Categories: Wire Stories

Global Mammography Equipment Industry to 2027 – Alternative Breast Imaging Technologies are Strong Contenders for Mammography – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Mammography Equipment – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Amid the COVID-19 crisis, the global market for Mammography Equipment estimated at US$2.1 Billion in the year 2020, is projected to reach a revised size of US$3.3 Billion by 2027, growing at a CAGR of 6.7% over the analysis period 2020-2027.

Full Field Digital Mammography Systems, one of the segments analyzed in the report, is projected to record a 6.9% CAGR and reach US$2.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Breast Tomosynthesis Systems segment is readjusted to a revised 6.3% CAGR for the next 7-year period. The U.S. Market is Estimated at $566.3 Million, While China is Forecast to Grow at 10.2% CAGR The Mammography Equipment market in the U.S. is estimated at US$566.3 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$716.9 Million by the year 2027 trailing a CAGR of 10.2% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Analog Systems Segment to Record 5.1% CAGR

In the global Analog Systems segment, USA, Canada, Japan, China and Europe will drive the 4.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$62 Million in the year 2020 will reach a projected size of US$85.4 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$448 Million by the year 2027, while Latin America will expand at a 6.3% CAGR through the analysis period.

Select Competitors (Total 27 Featured):

  • Canon Medical Systems Corporation
  • Fujifilm Corporation
  • GE Healthcare
  • Hologic Inc.
  • Metaltronica SpA
  • Philips Healthcare
  • Planmed Oy
  • Siemens Healthineers)

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Mammography – An Introduction
  • Recent Market Activity
  • Mammography – The Gold Standard Technique in Breast Cancer Screening
  • Global Market Analysis
  • Regional Analysis
  • Segmental Analysis
  • Patient Education and Awareness Programs Push Sales
  • Demand for FFDM Devices to Surge
  • Breast Tomosynthesis – The Next Generation Technology in Digital Mammography
  • Diagnosis or Screening – Where Does the Real Opportunity Lie?
  • Studies Support 3D Mammography
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Innovations Continue to Mark the Mammography Space
  • Companies Focus on Minimizing Pain and Discomfort during Mammography
  • Trend towards Screening Younger Women Fast Catching Up
  • Risk of Breast Cancer Increases with Age
  • Governments and NGOs Raise Awareness about Breast Cancer
  • Alternative Breast Imaging Technologies: Strong Contenders for Mammography
  • Computer Aided Detection (CAD) in Breast Cancer – An Insight
  • Computer Aided Detection Stimulates Growth of Mammography Systems
  • Breast MRI – Lags behind Mammography in Cancer Detection
  • Data Compression Area Requires Further Developments

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/x6vso0.

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