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Mammography Equipment Market Set to Grow Exponentially During the Forecast by 2021

Press Release   •   Feb 07, 2017 00:40 EST

North America followed by Europe are dominating the global mammography equipment market due to early adoption of new technology and rising incidence of breast cancer in these regions. The U.S. is dominating the North American mammography equipment market due to technological advancements and increasing reimbursements for full-field digital mammography. Asia is expected to show high growth rate due to rising incidence of cancer. Some of the key driving forces for the growth of mammography equipments market in emerging countries are rising government initiatives for promotion of breast health screening and improved healthcare infrastructure.

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In recent time there is increased use of mammography equipment due to rising prevalence of breast cancer in women. Technological advancements in digital radiography such as breast tomosynthesis and contrast-enhanced mammography, and increasing uses of 3D mammography are some of the key factors driving the growth of the global mammography equipment market. In addition, rising awareness for breast cancer and growing aging population are also fuelling the growth of the global mammography equipment market. However, limited reimbursement for mammography equipment is restraining the growth of the global mammography equipment market.

Innovation in Low cost mammography equipment would develop an opportunity for the global mammography equipment market. Increasing demand for full-field digital mammography and hybrid imaging are some of the trends for the global mammography equipment market. In addition, increasing magnetic resonance imaging with mammography is also a trend in the global mammography equipment market.

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Some of the major companies operating in the global mammography equipment market are Hologic, Inc., GE Healthcare, Analogic Corporation, Fujifilm Holdings Corporation, Siemens Healthcare and Philips Healthcare.

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