North America Mammography Market is estimated to reach USD 738 million by the end of 2021
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North America Mammography market is estimated to be USD 556 million in 2016 and is projected to reach USD 738 million by the end of 2021 with a compound annual growth rate (CAGR) of 5.8% in the forecast period. The higher mortality rate related to breast cancer has raised the need for diagnosing the patients, resulting in an increasing demand for mammography devices which helps in an early diagnosis of the cancer.
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Mammography is a standard technique used in screening the breast for the presence of malignant tissues. Low dose X-rays are used to get a detailed imaging of the inside of breast and aids in early detention of breast cancer.
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It is also used for evaluating the changes which are found through screening mammography.
The primary drivers of the mammography market include rising incidences of breast cancer with every year, technological advancements in breast imaging, rising aging population, rising awareness impelling the people to have an early screening. However, huge costs associated with the imaging systems along with stringent government regulations regarding the health insurance coverage and side effects associated with these devices are effecting the growth of the mammography market.
North America Mammography market is categorised based on the different products of mammography, technology and it applications. Based on products, the market is divided into analog systems, digital systems, biopsy, film screens and others.
Based on technology, the market is segmented as digital mammography, analog mammography and breast tomosynthesis. By application, the market is categorised as diagnostic mammography and screening mammography.
Based on geography, the market is segmented as United States and Canada. North America leads the mammography market currently owing to its higher affordability and rising cancer patients.
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Some of the key players in the industry include Fujifilm, GE Healthcare, Hologic, Metaltronica, Philips Healthcare, Planmed, Siemens Healthcare, Sonocine and Toshiba Medical Systems.
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