Blueweave
United States Mammography Devices Market

United States Mammography Devices Market

United States Mammography Devices Market, By Product Type (Full-Field Digital Mammography, Film-Screen Mammogram, Breast Tomosynthesis, Others), By Technology (CAD, Digital Mammography, and Others), By End User (Hospitals & Clinics, Diagnostics Centers, and Others), Trend Analysis, Competitive Market Share & Forecast, 2018-2028

  • Published Date: August 2022
  • Report ID: BWC22270
  • Available Format: PDF
  • Page: 114

Report Overview

United States Mammography Devices Market is flourishing owing to the increasing prevalence of breast cancer, rising demand for early-stage diagnosis among patients, and increased access to breast cancer screening systems along with the growing government initiatives to support clinical interpretation.

United States Mammography Devices Market - Industry Trends & Forecast Report 2028

United States Mammography Devices Market is predicted to grow at a CAGR of 11.2% during the forecast period (2022-2028). The rapid expansion of the market is predominantly due to breast cancer becoming more common in the country's female population. The country's growing population, as well as an increase in male breast cancer cases, drives the growth of the United States Mammography Devices Market over the next five years. Moreover, increased investments in the healthcare industry, infrastructure, and medical devices are also expected to support market growth. Additionally, the United States government actively supports the healthcare sector through favorable schemes and financial aid, as well as by inviting international bodies to invest in the healthcare industry. Furthermore, healthcare services and financial assistance to patients provided by National Healthcare Services contribute to the growing demand for advanced medical devices, which is expected to support the growth of the United States Mammography Devices Market over the next five years.

Mammography Devices - Overview

Mammography is an X-ray image of a woman's breast. Breast cancer and other conditions related to the breast can more easily be found by mammography devices. These tests are used to detect and diagnose breast cancer in female patients. A box with an x-ray-producing tube is a mammography unit. The device is only used for breast x-ray exams and has unique accessories to keep x-ray exposure to the breast to a minimum. Moreover, film-screen, digital, and 3D digital mammograms are three of the most used mammography techniques. Black and white images are produced by mammography on film. The film is used by doctors to examine the findings and determine whether there are any problems. Also, 3-D mammography is the most commonly used method for screening women with dense breasts. This imaging procedure produces a three-dimensional image of the breast tissue. It is frequently used in conjunction with ultrasound. 3-D mammography, also known as tomosynthesis, detects masses in dense tissue better than regular 2-D mammography.

United States Mammography Devices Market Forecast and Trends

Growth Drivers

Increasing Breast Cancers Cases

According to the CDC, approximately 245,000 cases of breast cancer are diagnosed in the United States each year, and it is the second leading cause of death in the country. This can be attributed to changing lifestyles, rising obesity rates, increased acceptance of hormone replacement therapies, and increased alcohol consumption. Other factors that contribute to breast cancer include dense breast tissue, delayed maternity, and genetic mutation, which increases the need for mammograms. To address the dire situation, governments across the country are actively working to provide free and low-cost mammogram tests. The CDC, for example, organizes the National Breast and Cervical Cancer Early Detection Program for clinical breast exams and mammograms across the United States.

Growing Applications of Mammography Techniques

Breast cancer fatality risk is decreased with screening mammography. All forms of breast cancer, including invasive ductal and invasive lobular cancer, can be found using it. The screening mammogram increases a doctor's capacity to spot tiny cancers. The woman has more therapy options when the cancer is smaller. Also, the use of screening mammography promotes the diagnosis of ductal carcinoma in situ, which are small abnormal tissue growths restricted to the milk ducts of the breast (DCIS). Following an x-ray examination, the patient’s body absorbs no radiation. In the conventional diagnostic range for this scan, X-rays often don't have any negative side effects.

Rising Early Detection of Breast Cancer

Due to an increase in the prevalence of breast cancer, an increase in the number of elderly people, and proactive efforts by healthcare organizations to spread awareness about early diagnosis of breast cancer, this market is anticipated to develop significantly throughout the projected period. Moreover, mammograms every year can save your life. Early detection of breast cancer reduces the risk of death by approximately 30%, Thus, the best prevention is early detection. Additionally, mammograms can detect abnormal breast tissue two years before it develops into cancer. Also, mammograms increase the chances of preserving the breasts. Furthermore, early detection of localized breast cancer reduces the likelihood of requiring a mastectomy (breast removal).

Restraints

Prolonged Radiation Exposure Risks

There is always a slight risk of cancer from excessive radiation exposure. However, given the low level of radiation used in medical imaging, the benefit of a correct diagnosis far outweighs the risk. This procedure's radiation dose varies.  5% to 15% of screening mammograms require additional testing, such as additional mammograms or ultrasounds. The majority of these tests come back normal. If an abnormal finding is discovered, a follow-up or biopsy may be required. The majority of the biopsies show that there was no cancer present. Additionally, a woman who has yearly mammograms between the ages of 40 and 60 is expected to have a lower risk of breast cancer. All these factors hinder the growth of the United States Mammography Devices Market.

Impact of COVID-19 on United States Mammography Devices Market

There was a considerable decline in cancer screening, cancer management visits, and cancer operations as a result of the COVID-19 pandemic. In some locations of the United States, mammograms decreased by up to 92 percent at the pandemic's height in 2020, according to a report published in the Journal of the American College of Radiology. The FDA reports that 38.8 million women were screened for breast cancer in 2021, which suggests that hundreds of thousands of women in the United States may have postponed or missed their exams as a result of the pandemic. Radiologists now face extra difficulties because of the COVID-19-induced drop in screening volume.

United States Mammography Devices Market - By Product Type

Based on the product type, the United States Mammography Devices Market is segmented into Full-Field Digital Mammography, Film-Screen Mammogram, Breast Tomosynthesis, and Others. Among these, full-filled digital mammography accounts for the largest share in the United State Mammography Devices Market. This is owing to the rising demand for technologically advanced breast cancer screening systems. The availability of favorable repayment policies and growing government support for increased screening performance are some of the key factors that account for the largest share of revenue in the US mammography industry. All these factors propel the growth of the United States Mammography Devices Market during a forecast period (2022-2028).

United States Mammography Devices Market Share

United States Mammography Devices Market – By Technology

Based on technology, the United States Mammography Devices Market is segmented into CAD, Digital Mammography, and Others. Technological advancements have aided the growth of digital mammography machines, allowing them to assert their market dominance. The introduction of computer-aided design (CAD) in mammography assists radiologists in identifying hidden tumorous cells and interpreting the images by digitizing the mammogram. This advancement in technology has aided the market's growth many folds over the years and is expected to continue in the future. All these factors fuel the growth of the United States Mammography Devices Market during a forecast period (2022-2028).

United States Mammography Devices Market - By End-User

Based on end-user, the United States Mammography Devices Market is segmented into Hospitals & Clinics, Diagnostics Centers, and Others. Due to the rising demand for early breast cancer diagnosis and the nation's growing female population, hospitals and clinics are predicted to hold the greatest revenue shares in the market. The category is expected to rise in the following five years due to rising patient burden, as well. Additionally, in the coming five years, the market for mammography devices in the United States is predicted to expand as a result of frequent patient visits when they have advanced cancer problems. This influences the hospitals and clinics segment to dominate the market share during the forecast period (2022-2028).

Competitive Landscape

The leading market players in the United States Mammography Devices Market are Hologic Inc, Analogic Corporation, Canon Medical Systems Corporation, Fujifilm Corporation, Siemens Health Care, Toshiba Medical Systems, GE Healthcare, Metaltronica, Koninklijke Philips NV, PLANMED OY, and other prominent players.

The United States Mammography Devices Market is highly fragmented with the presence of several manufacturing companies in the country. The market leaders retain their supremacy by spending on research and development, incorporating cutting-edge technology into their goods, and releasing upgraded items for customers. Various tactics, including strategic alliances, agreements, mergers, and partnerships, are used.

Scope of the Report

Attributes Details
Years Considered Historical data – 2018-2021
Base Year – 2021
Forecast – 2022 – 2028
Facts Covered Revenue in USD Million
Product Service/Segmentation By Product Type, By Technology, By End-User
Key Players Hologic Inc, Analogic Corporation, Canon Medical Systems Corporation, Fujifilm Corporation, Siemens Health Care, Toshiba Medical Systems, GE Healthcare, Metaltronica, Koninklijke Philips NV, PLANMED OY, and other prominent players.

 

 

By Product Type

  • Full-Field Digital Mammography
  • Film-Screen Mammogram
  • Breast Tomosynthesis
  • Others

By Technology

  • CAD
  • Digital Mammography
  • Others

By End User

  • Hospitals & Clinics
  • Diagnostics Centers
  • Others

 

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Research Methodology
    1. Qualitative Research
      1. Primary and Secondary Products
    2. Quantitative Research
      1. Primary and Secondary Products
    3. Breakdown of Primary Research Respondents
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Industry Participants
    5. Market Breakdown & Data Triangulation
  3. Executive Summary
  4. United States Mammography Devices Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    3. Porter’s Five Forces Analysis
      1. Bargaining End-use Industry of Suppliers
      2. Bargaining End-use Industry of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
    4. Recent Development
    5. PESTEL Analysis
  5. United States Mammography Devices Market Overview
    1. Market Size & Forecast by Value, 2018-2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product Type
        1. Full-Field Digital Mammography
        2. Film-Screen Mammogram
        3. Breast Tomosynthesis
        4. Others
      2. By Technology
        1. CAD
        2. Digital Mammography
        3. Others
      3. By End User
        1. Hospitals & Clinics
        2. Diagnostics Centers
        3. Others
  6. Competitive Landscape
    1. List of Key Players and their Offerings
    2. Company Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Merger, Acquisition, Partnership, etc.)
  7. Impact of Covid-19 Across States Mammography Devices Market
  8. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
    1. Hologic Inc
    2. Analogic Corporation
    3. Canon Medical Systems Corporation
    4. Fujifilm Corporation
    5. Siemens Health Care
    6. Toshiba Medical Systems
    7. GE Healthcare
    8. Metaltronica
    9. Koninklijke Philips NV
    10. PLANMED OY
    11. Other Prominent Players
  9. Key Strategic Recommendations

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

 

List of Figures

 

 Figure 1        U.S. Pet Insurance Segmentation

Figure 2        United States Mammography Devices Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2021

Figure 4        United States Mammography Devices Market Size, By Value (USD Million), 2018-2028

Figure 5        United States Mammography Devices Market Share, By Product Type, By Value, 2018-2028

Figure 6        United States Mammography Devices Market Share, By Technology, By Value, 2018-2028

Figure 7        United States Mammography Devices Market Share, By End-User, By Value, 2018-2028

 

List of Tables

 

Table 1         United States Mammography Devices Market Size, By Product Type, By Value, 2018-2028         

Table 2  United States Mammography Devices Market Size, By Technology, By Value, 2018-2028                                     

Table 3         United States Mammography Devices Market Size, By End-User, By Value, 2018-2028                                            

Table 4         Hologic Inc Company Overview                                            

Table 5         Hologic Inc Financial Overview                                             

Table 6         Canon Medical Systems Corporation Company Overview                             

Table 7         Canon Medical Systems Corporation Financial Overview                              

Table 8         Fujifilm Corporation Company Overview                                          

Table 9         Fujifilm Corporation Financial Overview                                           

Table 10        Siemens Healthcare Company Overview                                         

Table 11        Siemens Health Care Financial Overview                                         

Table 12        Toshiba Medical Systems Company Overview                                            

Table 13        Toshiba Medical Systems Financial Overview                                             

Table 14        GE Health Care Company Overview                                      

Table 15        GE Health Care Financial Overview                                       

Table 16        Metaltronica Company Overview    

Table 16        Metaltronica Financial Overview                                           

Table 17        Koninklijke Philips NV Company Overview                                       

Table 18        Koninklijke Philips NV Financial Overview           

Table 19        PLANMED OY Gerais Company Overview                                         

Table 20        PLANMED OY Gerais Financial Overview                                

                            

 

 

Market Segmentation

By Product Type

  • Full-Field Digital Mammography
  • Film-Screen Mammogram
  • Breast Tomosynthesis
  • Others

By Technology

  • CAD
  • Digital Mammography
  • Others

By End User

  • Hospitals & Clinics
  • Diagnostics Centers
  • Others
 
No data available

To request a free sample copy of this report, please complete the form below.

We value your investment and offer free customization with every report to fulfil your exact research needs.

This website is secure and your personal details are safe.