Mammography Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031

Description

The global mammography market is poised for significant growth, with its valuation estimated at USD 2.7 billion in 2024. Forecasted to grow at a compound annual growth rate (CAGR) of 12.0% from 2024 to 2031, the market is projected to reach USD 5.9 billion by the end of the period. Rising demand for early detection of breast cancer and technological advancements in mammography systems are driving this market growth.

Mammography, a non-invasive diagnostic procedure using low-dose X-rays, is a critical tool for the early detection of breast cancer. The technology has made a substantial contribution to reducing breast cancer mortality rates worldwide. With increasing awareness among women and the rising prevalence of breast cancer, mammography is becoming a cornerstone in modern healthcare.

Key Drivers of Growth

Several factors are fueling the mammography market:

1.Rising Breast Cancer Cases: Approximately 2.3 million women were diagnosed with breast cancer in 2020, emphasizing the need for early detection tools.
2.Awareness Campaigns: Increased awareness about breast cancer, its detection, and treatment among women.
3.Technological Advancements: The introduction of 3D imaging solutions and digital systems is enhancing diagnostic accuracy and patient outcomes.
4.Healthcare Infrastructure Growth: A growing number of hospitals, diagnostic centers, and specialized clinics worldwide are adopting advanced mammography systems.
5.Supportive Policies: Favorable reimbursement policies in developed regions are making mammography more accessible to patients.

Challenges in the Market

Despite the robust growth, the market faces several challenges:

High Costs: Mammography systems require significant capital investment and maintenance, limiting adoption in low-resource settings.
Radiation Risks: Concerns over radiation exposure hinder the adoption of mammography.
Limited Awareness in Developing Regions: A lack of information and awareness in emerging economies impedes market growth.

Business Opportunities

With increasing investments from governments and non-governmental organizations in breast cancer screening programs, the mammography market offers significant growth opportunities. The rising adoption of 3D-based mammography systems, driven by legislative support like the Medical Imaging Modernization Act of 2015, is expected to drive future growth.

Region-Wise Analysis

1.North America

The region is anticipated to experience strong growth, driven by increasing awareness of breast cancer, the availability of advanced diagnostic methods, and growing investments in research and development.

2.Europe

The market in Europe is projected to grow significantly, with countries like the UK leading due to heightened awareness, improved diagnostic capabilities, and supportive healthcare policies.

3.APAC

The Asia-Pacific region is expected to witness rapid growth, particularly in countries such as Japan and South Korea, where advancements in technology and healthcare infrastructure are fostering market expansion.

Category-Wise Insights

1.Product Type

Digital systems are the leading segment in the market, with growing adoption driven by technological innovation and enhanced diagnostic capabilities.
3D-based mammography solutions are gaining traction due to their improved accuracy and efficiency in early cancer detection.

2.Technology

Key technologies, including breast tomosynthesis, CAD, and digital solutions, are expected to remain at the forefront of innovation, driving market growth and adoption.

Competitive Analysis

The mammography market is characterized by intense competition, with key players focusing on innovation and partnerships to capture market share.

Key Companies Profiled:

Hologic Inc.
Analogic Corporation
Canon Medical Systems Corporation
Fujifilm Corporation
Siemens Healthcare
GE Healthcare
Koninklijke Philips NV
PLANMED OY
Others

Mammography Market Segmentation

1.By Product Type

Film Screen Systems
Digital Systems
Analog Systems
Biopsy Systems
3D Systems

2.By Technology

Breast Tomosynthesis
CAD
Digital

3.By Region

North America
Latin America
Europe
Asia Pacific
MEA

1. Executive Summary

1.1. Global Mammography Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Mammography Market Outlook, 2019 - 2031

3.1. Global Mammography Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Film Screen Systems
  - 3.1.1.2. Digital Systems
  - 3.1.1.3. Analog Systems
  - 3.1.1.4. Biopsy Systems
  - 3.1.1.5. 3D Systems
3.2. Global Mammography Market Outlook, by Technology, Value (US$ Bn), 2019 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Breast Tomosynthesis
  - 3.2.1.2. CAD
  - 3.2.1.3. Digital
3.3. Global Mammography Market Outlook, by Region, Value (US$ Bn), 2019 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Mammography Market Outlook, 2019 - 2031

4.1. North America Mammography Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Film Screen Systems
  - 4.1.1.2. Digital Systems
  - 4.1.1.3. Analog Systems
  - 4.1.1.4. Biopsy Systems
  - 4.1.1.5. 3D Systems
4.2. North America Mammography Market Outlook, by Technology, Value (US$ Bn), 2019 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Breast Tomosynthesis
  - 4.2.1.2. CAD
  - 4.2.1.3. Digital
- 4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Mammography Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 4.3.1.2. U.S. Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 4.3.1.3. Canada Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 4.3.1.4. Canada Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Mammography Market Outlook, 2019 - 2031

5.1. Europe Mammography Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Film Screen Systems
  - 5.1.1.2. Digital Systems
  - 5.1.1.3. Analog Systems
  - 5.1.1.4. Biopsy Systems
  - 5.1.1.5. 3D Systems
5.2. Europe Mammography Market Outlook, by Technology, Value (US$ Bn), 2019 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Breast Tomosynthesis
  - 5.2.1.2. CAD
  - 5.2.1.3. Digital
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Mammography Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.3.1.2. Germany Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 5.3.1.3. U.K. Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.3.1.4. U.K. Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 5.3.1.5. France Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.3.1.6. France Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 5.3.1.7. Italy Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.3.1.8. Italy Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 5.3.1.9. Turkey Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.3.1.10. Turkey Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 5.3.1.11. Russia Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.3.1.12. Russia Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 5.3.1.13. Rest of Europe Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.3.1.14. Rest of Europe Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Mammography Market Outlook, 2019 - 2031

6.1. Asia Pacific Mammography Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Film Screen Systems
  - 6.1.1.2. Digital Systems
  - 6.1.1.3. Analog Systems
  - 6.1.1.4. Biopsy Systems
  - 6.1.1.5. 3D Systems
6.2. Asia Pacific Mammography Market Outlook, by Technology, Value (US$ Bn), 2019 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Breast Tomosynthesis
  - 6.2.1.2. CAD
  - 6.2.1.3. Digital
- 6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Mammography Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.3.1.2. China Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 6.3.1.3. Japan Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.3.1.4. Japan Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 6.3.1.5. South Korea Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.3.1.6. South Korea Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 6.3.1.7. India Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.3.1.8. India Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 6.3.1.9. Southeast Asia Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.3.1.10. Southeast Asia Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 6.3.1.11. Rest of Asia Pacific Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.3.1.12. Rest of Asia Pacific Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Mammography Market Outlook, 2019 - 2031

7.1. Latin America Mammography Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Film Screen Systems
  - 7.1.1.2. Digital Systems
  - 7.1.1.3. Analog Systems
  - 7.1.1.4. Biopsy Systems
  - 7.1.1.5. 3D Systems
7.2. Latin America Mammography Market Outlook, by Technology, Value (US$ Bn), 2019 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Breast Tomosynthesis
  - 7.2.1.2. CAD
  - 7.2.1.3. Digital
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Mammography Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 7.3.1.2. Brazil Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 7.3.1.3. Mexico Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 7.3.1.4. Mexico Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 7.3.1.5. Argentina Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 7.3.1.6. Argentina Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 7.3.1.7. Rest of Latin America Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 7.3.1.8. Rest of Latin America Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Mammography Market Outlook, 2019 - 2031

8.1. Middle East & Africa Mammography Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Film Screen Systems
  - 8.1.1.2. Digital Systems
  - 8.1.1.3. Analog Systems
  - 8.1.1.4. Biopsy Systems
  - 8.1.1.5. 3D Systems
8.2. Middle East & Africa Mammography Market Outlook, by Technology, Value (US$ Bn), 2019 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Breast Tomosynthesis
  - 8.2.1.2. CAD
  - 8.2.1.3. Digital
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Mammography Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 8.3.1.2. GCC Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 8.3.1.3. South Africa Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 8.3.1.4. South Africa Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 8.3.1.5. Egypt Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 8.3.1.6. Egypt Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 8.3.1.7. Nigeria Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 8.3.1.8. Nigeria Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
  - 8.3.1.9. Rest of Middle East & Africa Mammography Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 8.3.1.10. Rest of Middle East & Africa Mammography Market by Technology, Value (US$ Bn), 2019 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Company Market Share Analysis, 2024
9.2. Competitive Dashboard
9.3. Company Profiles
- 9.3.1. Hologic Inc.
  - 9.3.1.1. Company Overview
  - 9.3.1.2. Therapy Portfolio
  - 9.3.1.3. Financial Overview
  - 9.3.1.4. Business Strategies and Development
- 9.3.2. Analogic Corporation
  - 9.3.2.1. Company Overview
  - 9.3.2.2. Therapy Portfolio
  - 9.3.2.3. Financial Overview
  - 9.3.2.4. Business Strategies and Development
- 9.3.3. Canon Medical Systems Corporation
  - 9.3.3.1. Company Overview
  - 9.3.3.2. Therapy Portfolio
  - 9.3.3.3. Financial Overview
  - 9.3.3.4. Business Strategies and Development
- 9.3.4. Fujifilm Corporation
  - 9.3.4.1. Company Overview
  - 9.3.4.2. Therapy Portfolio
  - 9.3.4.3. Financial Overview
  - 9.3.4.4. Business Strategies and Development
- 9.3.5. Siemens Healthcare
  - 9.3.5.1. Company Overview
  - 9.3.5.2. Therapy Portfolio
  - 9.3.5.3. Financial Overview
  - 9.3.5.4. Business Strategies and Development
- 9.3.6. Toshiba Medical Systems
  - 9.3.6.1. Company Overview
  - 9.3.6.2. Therapy Portfolio
  - 9.3.6.3. Financial Overview
  - 9.3.6.4. Business Strategies and Development
- 9.3.7. GE Healthcare
  - 9.3.7.1. Company Overview
  - 9.3.7.2. Therapy Portfolio
  - 9.3.7.3. Financial Overview
  - 9.3.7.4. Business Strategies and Development
- 9.3.8. Metaltronica
  - 9.3.8.1. Company Overview
  - 9.3.8.2. Therapy Portfolio
  - 9.3.8.3. Financial Overview
  - 9.3.8.4. Business Strategies and Development
- 9.3.9. Koninklijke Philips NV
  - 9.3.9.1. Company Overview
  - 9.3.9.2. Therapy Portfolio
  - 9.3.9.3. Financial Overview
  - 9.3.9.4. Business Strategies and Development
- 9.3.10. PLANMED OY
  - 9.3.10.1. Company Overview
  - 9.3.10.2. Therapy Portfolio
  - 9.3.10.3. Financial Overview
  - 9.3.10.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations