Global Mammography Market Outlook 2020-2030

Global Mammography Market Analysis 2020-2030

The global mammography market is anticipated to grow with a CAGR of 8.61% over the forecast period, i.e., 2021 - 2030. Factors such as the growing focus of the organizations in the healthcare industry on developing advanced diagnostic devices and screening solutions for chronic diseases, followed by the increasing healthcare expenditure globally are expected to boost the market growth in the coming years. Additionally, factors such as the growing prevalence of breast cancer around the globe, and the rising need for the early diagnosis of the chronic disease is projected to contribute to the growth of the market during the forecast period. The global mammography market is estimated to garner a revenue of near to USD 4530 Million by the end of 2030, up from a revenue of more than USD 1990 Million in the year 2020.

The global mammography market is segmented by numerous segments, which include segmentation by product, technology, end-user, and by region. By product, the market is segmented into analog mammography systems, digital mammography systems, and breast tomosynthesis systems. Amongst these, the digital mammography systems segment is anticipated to garner the largest revenue of around USD 2570 Million by the end of 2030. Moreover, in the year 2020, the segment generated a revenue of more than USD 1140 Million.

On the basis of regional analysis, the global mammography market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these, the market in North America is anticipated to garner the largest revenue of close to USD 1740 Million by the end of 2030. Additionally, in the year 2020, the market in the region generated a revenue of about USD 770 Million.

Some of the prominent industry leaders in the global mammography market that are included in our report are General Electric Company, FUJIFILM Holdings Corporation, Koninklijke Philips N.V., Siemens Healthcare GmbH, PLANMED OY, Carestream Health, Konica Minolta, Inc., Hologic, Inc., Canon Medical Systems Corporation, Metaltronica S.p.A., General Medical Merate S.p.A., and others.