DUBLIN, December 06, 2021--(BUSINESS WIRE)--The "Mammography Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Mammography Equipment estimated at US$2.1 Billion in the year 2020, is projected to reach a revised size of US$3.3 Billion by 2027, growing at a CAGR of 6.7% over the analysis period 2020-2027.
Full Field Digital Mammography Systems, one of the segments analyzed in the report, is projected to record a 6.9% CAGR and reach US$2.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Breast Tomosynthesis Systems segment is readjusted to a revised 6.3% CAGR for the next 7-year period. The U.S. Market is Estimated at $566.3 Million, While China is Forecast to Grow at 10.2% CAGR The Mammography Equipment market in the U.S. is estimated at US$566.3 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$716.9 Million by the year 2027 trailing a CAGR of 10.2% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.
Analog Systems Segment to Record 5.1% CAGR
In the global Analog Systems segment, USA, Canada, Japan, China and Europe will drive the 4.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$62 Million in the year 2020 will reach a projected size of US$85.4 Million by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$448 Million by the year 2027, while Latin America will expand at a 6.3% CAGR through the analysis period.
Select Competitors (Total 27 Featured):
Canon Medical Systems Corporation
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Mammography - An Introduction
Recent Market Activity
Mammography - The Gold Standard Technique in Breast Cancer Screening
Global Market Analysis
Patient Education and Awareness Programs Push Sales
Demand for FFDM Devices to Surge
Breast Tomosynthesis - The Next Generation Technology in Digital Mammography
Diagnosis or Screening - Where Does the Real Opportunity Lie?
Studies Support 3D Mammography
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Innovations Continue to Mark the Mammography Space
Companies Focus on Minimizing Pain and Discomfort during Mammography
Trend towards Screening Younger Women Fast Catching Up
Risk of Breast Cancer Increases with Age
Governments and NGOs Raise Awareness about Breast Cancer
Alternative Breast Imaging Technologies: Strong Contenders for Mammography
Computer Aided Detection (CAD) in Breast Cancer - An Insight
Computer Aided Detection Stimulates Growth of Mammography Systems
Breast MRI - Lags behind Mammography in Cancer Detection
Data Compression Area Requires Further Developments
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/x6vso0.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211206005735/en/
Laura Wood, Senior Press Manager
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