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The global Digital Mammography System Market size in is 2021 expected to be $– million and is expected to grow at –% CAGR during the period (2018-2021). The global Digital Mammography System Market is segmented into North America, Europe, APAC & Rest of the world.
The research report titled “Digital Mammography System Market, Business and Opportunity Analysis” published by Datavagyanik presents a detailed analysis of the Digital Mammography System Market with country-wise market statistics, qualitative insights, and market player analysis. One of the prime objectives of the report is to provide an assessment of the market potential, market revenue, growth and business opportunities for Digital Mammography System Market in each country.
North America Digital Mammography System Market size is expected to be – million and is expected to grow at a CAGR of –% during the period 2021 to 2028. US & Canada will drive the most of the revenue in the region. North America has a huge chunk of global market.
Europe Digital Mammography System Market Size is expected to be—million and is expected to grow at a CAGR of –%. APAC Digital Mammography System Market Size is Expected to grow at a CAGR of –. APAC will grow fastest as the market is still in its nascent stage.
The global digital mammography system market is expected to grow at a CAGR of 5.6% during the forecast period (2019-2024). The increasing prevalence of breast cancer, rising awareness about early detection, and technological advancements in digital mammography systems are the key factors driving the growth of this market. However, the high cost of digital mammography systems and the need for more trained personnel are restraining the market growth. This article provides an overview of the global digital mammography system market concerning type, end user, and geography. It also covers key drivers and restraints impacting market growth along with opportunities for manufacturers in this space.
The global digital mammography system market is expanding significantly, with a CAGR of 5.6 percent by 2026. Digital mammography systems are vital in providing effective prevention, diagnosis, and treatment of breast cancer, as early detection of the disease can significantly improve outcomes. This technology also improves radiologists’ efficiency and accuracy in detecting early signs of the disease thanks to pre-programmed decision support tools that take data from imaging studies into account. As breast cancer diagnoses increase annually around the world, investments in digital mammography systems will increase rapidly to meet the growing demand poised to benefit healthcare providers, patients, and industry stakeholders.
In recent years, the breast cancer diagnosis and treatment market has experienced substantial growth due in part to several key drivers. Chief among them is the increasingly high incidence rate of breast cancer worldwide, with millions diagnosed annually. There has also been an increase in awareness concerning the early detection of the disease, which has led to increased diagnosis rates and earlier treatment. This, along with improved technology in diagnostics and treatments, has resulted in a dynamic and rapidly expanding market filled with opportunities.
The medical imaging market houses some of the largest companies in the industry, such as GE Healthcare, Philips Healthcare, Hologic, Inc., Siemens Healthineers, and Fujifilm Holdings Corporation. These organizations provide technologically advanced platforms that range from innovative X-ray equipment to computed tomography (CT) scanners. Medical clinicians use such systems worldwide to formulate diagnoses and detect pathology quickly and accurately. As demand for medical imaging technology expands year over year, research and development into improved image resolution and higher-standard tools remain focal points for these major players. Investment in newer devices is essential to improve patient care while modernizing technical proficiency in medical imaging across the healthcare sector.
Digital mammography systems have become integral to breast cancer screening and diagnosis programs, providing superior image quality and improved detection. The digital mammography system market is segmented by product type into full-field digital mammography systems and dedicated digital mammography systems. The full-field system comprises a single detector and x-ray source, while the dedicated system includes both dedicated x-ray components and a separate loader. Both product types have unique benefits that make them appealing to radiology professionals. Depending on their requirements, practitioners can choose to use either one or both types of digital mammography systems for their clinical applications. In comparison, the choice between full-field and dedicated depends on various factors such as budget, imaging volume, and space constraints.
Hospitals and clinics expect significant growth in the medical imaging equipment market due to the rising prevalence of chronic diseases, the growing geriatric population, and the increasing demand for early diagnosis and healthcare awareness. In addition, expanding healthcare facilities in emerging nations is creating opportunities for exponential growth for this segment. Diagnostic and imaging centers have significantly benefited from technological advances that further enhance the accuracy of diagnosis. Moreover, the rising trend of preventive healthcare and the increasing availability of funds has increased investments in overall infrastructure and technology requirements at these centers.
The report analyzes Digital Mammography System Market from the demand as well as the supply side. In supply-side analysis, we reach out to the Digital Mammography System Market players to collect information on their portfolio, revenue, target customers, and other insights. During this process, paid interviews and surveys are conducted for obtaining and validating the data pointers. We also deep dive into the available paid industry databases, research studies, white papers, and annual reports.
As a part of our demand-side analysis, we reach out to the end-users of the Digital Mammography System Market, to gauge the application areas, demand trends, and similar insights.
This business analysis report on the Digital Mammography System Market presents a regional as well as country-level analysis. The regions covered in the report are – North America, Europe, Asia Pacific and Rest of the World. In these four regions, all the countries have been covered in detail with information on Digital Mammography System Market size, trends, and forecast.
The report covers Digital Mammography System Market revenue and forecast for the period (2021 – 2028), by regions, (further split into countries):
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*Note – Country-level break-down has been covered in the report
There is an entire data collection and validation framework that Datavagyanik follows to provide you with authentic information. We connect to industry experts across various countries to understand market trends and demand pattern. The same is done through paid interviews and surveys.
Our internal team of analysts is experts in studying market patterns, mining data, and extracting useful information from different paid as well as freely available sources. Datavagyanik has an exhaustive internal database with information on markets, market players, and other macro and micro economic indicators that impact industries.
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