Mammography Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Mammography Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : May, 2020 | Medical Devices | PPT format

Report Digest


Global Mammography Market: Overview

The global mammography market is growing at a significant pace, owing to the increasing cancer cases worldwide. The key players in the market, government organizations, and NGOs are making notable efforts to create an awareness and offer treatment to patients, which is expected to enhance the growth of the market in the near future. Thus, the market is likely to register a strong growth rate in the forecast period.

Global Mammography Market: Key Trends

The high prevalence of breast cancer worldwide and the rising number of innovations concerning screening and diagnostics are estimated to offer lucrative opportunities for key players operating in the market. The improving healthcare facilities in the developing economies are projected to supplement the market’s growth in the coming years. Furthermore, governments across the globe are making efforts to provide treatments at low cost in order to reach a large number of audience in the near future.

Global Mammography Market: Market Potential

Technological advancements in the healthcare sector and the emergence of innovative devices and effective therapeutics are the key factors projected to fuel the growth of the global mammography market throughout the forecast period. In addition to this, the rising number of cancer cases across the globe is expected to accelerate the growth of the overall market in the near future.

On the other hand, the lack of awareness among patients in several developing economies and the high cost of treatment are estimated to curb the growth of the global mammography market in the next few years. Nonetheless, the use of digital mammography devices is predicted to generate promising growth opportunities for the key players in the market.

Global Mammography Market: Regional Outlook

In the previous years, the North America market for mammography held a major share of the global market and is estimated to retain its position over the forecast period. The rising number of breast cancer cases and the increasing women population are the key factors anticipated to encourage the development of the North America market in the coming years. In addition, the availability of advanced therapeutics and healthcare infrastructure are predicted to accelerate the market’s growth in the near future.

On the other hand, the development of the economy and the rising popularity of medical tourism are projected to augment the growth of the Asia Pacific market in the next few years. The increasing contribution from China and India and the rising awareness among patients are predicted to supplement the market’s growth in the forecast period. Moreover, the favorable government initiatives and the enhancement of the healthcare sector are likely to contribute towards the growth of the Asia Pacific market in the near future.

Global Mammography Market: Competitive Analysis

The global market is projected to grow progressive throughout the forecast period. The rising emphasis of the leading players on introducing new therapeutics and devices to offer enhanced products to patients is likely to encourage the growth of the overall market in the coming years. As a result, several new players are predicted to participate in the market in order to create a brand name across the globe.

Some of the leading players operating in the mammography market across the globe are I.M.S. Srl, GE Healthcare, Hologic, Planmed Oy, Phillips Healthcare, Fujifilm, Siemens Healthcare, Mindray Medical International Limited, Toshiba Medical Systems, and Metaltronica. The research study provides a detailed overview of the competitive landscape and throws light on the key strategies and policies that have been adopted by them in order to sustain in the global market.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

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