The Global Mammography Market Growth Accelerated By Technological Advancements

 
Mammography Market 

Mammography is a technique to perform breast x-ray for early detection of breast cancer. Mammography devices provide high quality images of breast tissue to diagnose abnormalities. Advancements in full-field digital mammography (FFDM) technology have increased diagnosis accuracy and enabled breast screening of large populations. FFDM provides higher resolution images compared to conventional mammography and reduces radiology exposure. 3D breast tomosynthesis further enhances detection of lesions hidden by dense breast tissue. Computer-aided detection (CAD) integrated mammography systems analyze images to flag esions and reduce oversight.

The global Mammography Market is estimated to be valued at US$ 2718.91 Mn in 2024 and is expected to exhibit a CAGR of 6.8% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
Technological advancements have accelerated growth of the mammography market. Introduction of FFDM and 3D breast tomosynthesis has improved cancer detection rates compared to conventional mammography. FFDM adoptions have increased over 70% in major countries due to benefits of higher resolution digital images, computerized results, and reduced radiation exposure. Ongoing research is focused on advancement of AI and CAD integrated mammography systems. AI powered CAD can leverage deep learning to identify subtle lesions overlooked on images. This can significantly boost screening efficacy and lower mortality from breast cancer.


Segment Analysis
The mammography market comprises diagnostics segments such as digital and analog. Among these, the digital segment dominates the market and is expected to witness significant growth during the forecast period. Digital mammography offers advantages such as enhanced image quality, reduced radiation dose, and advanced breast density assessment. It provides higher sensitivity and specificity for early detection of breast cancer compared to its analog counterpart. These advantages have increased the demand and adoption of digital mammography systems globally.

Key Takeaways
The global mammography market analysis is expected to witness high growth. The global Mammography Market is estimated to be valued at US$ 2718.91 Mn in 2024 and is expected to exhibit a CAGR of 6.8% over the forecast period 2024 to 2031.

Regional analysis reveals that North America currently dominates the market and is expected to continue its dominance during the forecast period. Factors such as increased healthcare expenditure, high awareness about early cancer detection, and favorable government initiatives are fueling market growth in the region. Europe is the second fastest growing region in the mammography market. Increasing incidence of breast cancer and growing geriatric population are the key factors driving market growth. The American Cancer Society estimates over 518,000 new cases and over 41,800 breast cancer-related deaths in 2022 in Europe.

Asia Pacific is expected to experience the highest growth rate during the forecast period. Rapidly developing healthcare infrastructure, rising medical tourism, growing awareness about early detection of breast cancer, and expanding private healthcare sector are supporting market growth in the region. In addition, increasing preference for digital mammography systems is propelling the APAC mammography market.

Key players

operating in the mammography market are GTL (Global Tel*Link Corporation), BI Incorporated (a subsidiary of GEO Group), Corrisoft, SuperCom Ltd., Spillman Technologies (a Motorola Solutions company), Tribridge (now DXC Technology), Appriss Inc., Northpointe Inc. (a subsidiary of Constellation Software), Tyler Technologies Inc., Capita PLC, IBM Corporation, Encartele Inc., Telmate LLC (a subsidiary of GTL), Keefe Group (a subsidiary of TKC Holdings Inc.), Securus Technologies Inc. (now part of Aventiv Technologies). Advanced product launches, partnerships, and expansions are among the key growth strategies adopted by these players to strengthen their market position.

Get more insights on this topic: https://www.ukwebwire.com/mammography-market-industry-insightstrendsmammography-market/

Explore more information on this topic, Please visit: https://captionssky.com/biologics-a-transformative-field-of-biotechnology/

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