The Mammography Market is a segment of the healthcare industry that specializes in the detection and diagnosis of breast cancer. This market includes various technologies such as film-screen mammography, digital mammography, and breast tomosynthesis. The market has seen steady growth due to increasing awareness of breast cancer and the need for early detection.
Newly-released Mammography industry analysis report by Persistence Market Research shows that global sales of Mammography in 2022 were held at US$ 2.1 Billion. With a CAGR of 11.6% from 2023 to 2033, the market is projected to reach a valuation of US$ 6.9 Billion by 2033. Digital Systems are expected to be the highest revenue-generating product type, which is expected to grow at a CAGR of 11.6% from 2023 to 2033.
One of the major drivers of the Mammography Market is the increasing prevalence of breast cancer worldwide. According to the World Health Organization, breast cancer is the most common cancer among women, with an estimated 2.3 million new cases diagnosed in 2020 alone. Additionally, advances in technology and the development of new screening methods have led to more accurate and efficient detection of breast cancer.
However, the Mammography Market faces challenges such as the high cost of equipment and the lack of access to screening facilities in some regions. Overall, the market is expected to see continued growth in the coming years due to increasing government initiatives for breast cancer awareness and advancements in technology. Key players in this market include Hologic, Siemens Healthineers, GE Healthcare, and Fujifilm Holdings, among others.
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