Global Mammography Market 2017-2021
In mammography, low-dose X-rays are used for the examination of the human breast. During the procedure, each breast is pressed between two plates and an X-ray image is made. These images are called mammograms and are used to detect early signs of breast cancer such as a dense mass or clusters of calcium. Mammography equipment is used as a diagnostic and screening tool. The three kinds of mammograms available are 3D mammography (tomosynthesis), 2D mammography, and screen-film (or analog) mammography.
Technavio’s analysts forecast the global mammography market to grow at a CAGR of 10.08% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global mammography market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of mammography equipment.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Mammography Market 2017-2021
Technavio recognizes the following companies as the key players in the global mammography market: Hologic, GE Healthcare, Philips Healthcare, Siemens Healthcare, and FUJIFILM Holdings.
Other Prominent Vendors in the market are: Agfa-Gevaert, Carestream Health, Internazionale Medico Scientifica, Metaltronica, PerkinElmer, Planmed Oy, Shimadzu, Toshiba Medical Systems, and Trivitron Healthcare.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is new product launches/approvals coupled with R&D activities. Vendors are increasingly focusing on the development and launch of new mammography equipment. New product launches coupled with R&D activities will enable the vendors to sustain in the market and to enhance their growth. Vendors are actively involved in launching innovative devices for improving the comfortability and accuracy of the mammographic images.”
According to the report, one of the major drivers for this market is rising incidence of breast cancer. Breast cancer is a common type of cancer and is one of the main causes of the high mortality in women. There is a significant rise in the number of the incidence rate from past 25 years, particularly among postmenopausal women.
Further, the report states that one of the major factors hindering the growth of this market is high cost of mammography equipment. Medical imaging procedures such as digital mammography are the most revenue generating areas for any healthcare facility. However, digital mammography equipment is expensive and classified as capital equipment that requires budget allocation and high maintenance, which makes this equipment costly. Although there is a rising shift toward the digital mammography over the conventional mammography among the end-users, the high cost of equipment will have an adverse impact on the market growth.
Hologic, GE Healthcare, Philips Healthcare, Siemens Healthcare, FUJIFILM Holdings, Agfa-Gevaert, Carestream Health, Internazionale Medico Scientifica, Metaltronica, PerkinElmer, Planmed Oy, Shimadzu, Toshiba Medical Systems, and Trivitron Healthcare.
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