The Global Mammography Workstation Market size is expected to reach $213.3 Million by 2026, rising at a market growth of 10.2% CAGR during the forecast period. A mammography is a form of a specialized system for breast imaging that uses low-dose x-rays in order to detect cancer prior to the symptoms seen by the patient. It is a type of non-invasive medical test that helps physicians to identify and cure health conditions. Mammography workstation permits physicians to view, assess, operate, and store images obtained from numerous sources, like breast MR, digitized films, CR mammography, breast ultrasound, and common radiography modalities.
Mammography workstation imaging system decreases the chances of death owing to breast cancer that will boost the necessity for mammography workstations all across the globe. Furthermore, the increase in the occurrence of breast cancer along with growing approval or aid on mammography systems are some of the factors responsible for the significant growth of the market during the foreseeable period. As per the World Cancer Research Fund International (WCRFI), breast cancer is one of the most recurrent forms of cancer in the world, each year approximately 2 million new cases are detected among women.
The increasing geriatric population and constant technological advancements are some of the factors boosting the market. There is a rise in government screening programs and the increasing awareness about mammography are the elements anticipated to drive the market during the foreseeable period. Advancements in technology the field of mammography workstations and the introduction of AI and machine learning are changing the market.
Report Attribute | Details |
---|---|
Market size value in 2019 | USD 121.5 Million |
Market size forecast in 2026 | USD 213.3 Million |
Base Year | 2019 |
Historical Period | 2016 to 2018 |
Forecast Period | 2020 to 2026 |
Revenue Growth Rate | CAGR of 10.2% from 2020 to 2026 |
Number of Pages | 210 |
Number of Tables | 344 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Companies Strategic Developments, Company Profiling |
Segments covered | Modality, Application, End Use, Region |
Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
Growth Drivers |
|
Restraints |
|
Free Valuable Insights: Global Mammography Workstation Market to reach a market size of $213.3 million by 2026
Based on Modality, the market is segmented into Multimodal and Standalone. Based on Applications, the market is segmented into Diagnostic screening, Advance imaging and Clinical review. Based on End-use, the market is segmented into Hospitals, Breast Care Centers and Academia. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The major strategies followed by the market participants are Partnerships and Product Launches. Based on the Analysis presented in the Cardinal matrix; Fujifilm Holdings Corporation, Canon, Inc., Koninklijke Philips N.V., and Siemens AG are the forerunners in the Mammography Workstation Market. Companies such as General Electric (GE) Co., Mindray Medical International Limited, Hologic, Inc., Metaltronica S.p.A., and Allengers Medical Systems Ltd. are some of the key innovators in the market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co. (GE Healthcare), Koninklijke Philips N.V., Siemens AG (Siemens Healthineers), Canon, Inc. (Canon Medical Systems Corporation), Fujifilm Holdings Corporation, Hologic, Inc., Mindray Medical International Limited, Metaltronica S.p.A., Allengers Medical Systems Ltd., and Analogic Corporation (Altaris Capital Partners).
» Partnerships, Collaborations, and Agreements:
» Acquisition and Mergers:
» Product Launches and Product Expansions:
Market Segmentation:
By Modality
By Application
By End-Use
By Geography
Companies Profiled
The global mammography workstation market size is expected to reach $213.3 million by 2026.
There are several reason that cause high demand of this market one of them is rising awareness about the benefits of early diagnosis of the cancer.
The hospital segment ruled the market for mammography workstations and has the largest revenue share in the year 2019. This is due to the increasing number of breast screenings.
General Electric (GE) Co. (GE Healthcare), Koninklijke Philips N.V., Siemens AG (Siemens Healthineers), Canon, Inc. (Canon Medical Systems Corporation), Fujifilm Holdings Corporation, Hologic, Inc., Mindray Medical International Limited, Metaltronica S.p.A., Allengers Medical Systems Ltd., and Analogic Corporation (Altaris Capital Partners).
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.