Mammography Target Machine Market Trends and Forecast
The future of the global mammography target machine market looks promising with opportunities in the hospital and physical examination markets. The global mammography target machine market is expected to grow with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are rising breast cancer incidence, increasing need for regular mammography screenings, and growing demand for advanced mammography machines.
• Lucintel forecasts that FFDM is expected to witness higher growth over the forecast period.
• Within this market, hospital is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Mammography Target Machine Market
• United States: Hologic Inc. announced the launch of their new 3Dimensions™ mammography system, aiming to improve early cancer detection rates. The US government also allocated $50 million in grants for breast cancer screening initiatives.
• Germany: Siemens Healthineers introduced their latest mammography machine, the MAMMOMAT Revelation, which includes advanced AI capabilities for precise diagnostics. The German government has set a target to increase mammogram screening coverage by 20% over the next five years
• Japan: Fujifilm Corporation announced the expansion of their ASPIRE Cristalle mammography system production line to meet rising domestic and international demand. The Japanese Ministry of Health has increased funding for nationwide breast cancer screening programs.
• India: GE Healthcare launched their new Senographe Pristina mammography system in the Indian market, focusing on user-friendly features to enhance patient comfort. The Indian government is collaborating with private healthcare providers to set up more mammography centers across rural areas.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Mammography Target Machine Market by Segment
The study includes a forecast for the global mammography target machine market by type, application, and region.
Mammography Target Machine Market by Type [Value from 2018 to 2030]:
• FFDM
• DBT
Mammography Target Machine Market by Application [Value from 2018 to 2030]:
• Hospital
• Physical Examination
• Others
Mammography Target Machine Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Mammography Target Machine Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies mammography target machine companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the mammography target machine companies profiled in this report include-
• Hologic
• GE Healthcare
• Siemens
• Fujifilm
• Philips Healthcare
• Canon Medical
• IMS Giotto
• Planmed
• Wandong Medical
• Shenzhen Anke
Recent Development in the Mammography Target Machine Market
• Philips Healthcare: Philips introduced the MicroDose SI mammography system, which uses photon-counting technology to reduce radiation dose while maintaining high image quality. This initiative aims to improve patient safety and comfort during mammogram procedures.
• Planmed Oy: Planmed launched the Planmed Clarity™ 3D, a mammography system that provides high-resolution 3D imaging for accurate breast cancer detection. The system is designed to offer superior image quality and ease of use, enhancing both patient and clinician experience.
• Canon Medical Systems: Canon announced the development of their new advanced digital mammography system, which incorporates cutting-edge imaging technologies for better breast cancer screening. The system aims to provide high-quality images with reduced radiation exposure.
• Carestream Health: Carestream introduced the DRX-Excel Plus, a versatile mammography system that offers both 2D and 3D imaging capabilities. The system is designed to streamline workflow and improve diagnostic accuracy, making it easier for healthcare providers to detect breast cancer early.
Features of the Global Mammography Target Machine Market
Market Size Estimates: Mammography target machine market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Mammography target machine market size by type, application, and region in terms of value ($B).
Regional Analysis: Mammography target machine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the mammography target machine market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the mammography target machine market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for mammography target machine market?
Answer: The global mammography target machine market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the mammography target machine market?
Answer: The major drivers for this market are rising breast cancer incidence, increasing need for regular mammography screenings, and growing demand for advanced mammography machines.
Q3. What are the major segments for mammography target machine market?
Answer: The future of the mammography target machine market looks promising with opportunities in the hospital and physical examination markets.
Q4. Who are the key mammography target machine market companies?
Answer: Some of the key mammography target machine companies are as follows:
• Hologic
• GE Healthcare
• Siemens
• Fujifilm
• Philips Healthcare
• Canon Medical
• IMS Giotto
• Planmed
• Wandong Medical
• Shenzhen Anke
Q5. Which mammography target machine market segment will be the largest in future?
Answer: Lucintel forecasts that FFDM is expected to witness higher growth over the forecast period.
Q6. In mammography target machine market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the mammography target machine market by type (FFDM and DBT), application (hospital, physical examination, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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