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Mammography Systems Market by Type (Analog Mammography Systems, Digital Mammography Systems, and Breast Tomosynthesis Systems), Technology (2-D Mammography, 3-D Mammography, and Combined 2-D and 3-D Mammography), and End-User (Inpatient Settings and Ambulatory Surgical Centers) - Global Opportunity Analysis and Industry Forecast, 2014-2022

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LI_172043
Pages: 172
Apr 2017 | 2502 Views
 
Author's : Deepa Tatkare
Tables: 70
Charts: 50
 

Mammography Systems Market Overview:

Global Mammography Systems Market was valued at $1,534 million in 2015, and is expected to reach $2,648 million by 2022, supported by a CAGR of 8.0% during the forecast period 2014 to 2022.

Mammography facilitates the detection of breast cancer and other breast-related diseases. These tests are used for screening and diagnosis of breast cancer among women. Increase in geriatric population, proactive initiatives by healthcare organizations to raise awareness about early detection of breast cancer, and upsurge in incidence rate of breast cancer are expected to drive the market growth. Moreover, better reimbursement insurance policies, increased government funding for breast cancer research and technological advancements, such as the breast tomosynthesis, which helps in easy detection of breast cancer in women with dense breast tissues fuel the demand for mammography systems. However, radiation exposure risks and generation of false positive or negative are expected to impede the market growth.

Breast cancer is one of the significant health issues for women globally. This is evident from the findings of Breast Cancer Organization, which stated that over 30% of the newly diagnosed cancer in 2016 is expected to be breast cancer, which makes it the most commonly diagnosed cancer other than skin cancer, among American women.

Breast Cancer Incidence of North American Countries

Breast Cancer Incidence of North American Countries

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Asia-Pacific possesses high market potential, due to its high population base, high disposable incomes, and improvement in patient awareness about breast cancer imaging. Moreover, the rapid aging population and increase in incidence of breast cancer in less developed countries such as India have further increased the demand for mammography systems. In other countries such as China the burden of breast cancer was low, with an ASR at 22.1 in 2012. However, lack of awareness and screening programs for breast cancer, high treatment cost, and insufficient treatment facility are some of the factors expected to fuel the incidence of breast cancer in the coming years.

South Africa: Mammography Systems Market, ($Million) 2014-2022

South Africa Mammography Systems Market

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Mammography systems involve the use of low-energy ionizing radiations, such as X-ray, to detect unsuspected cancer. Healthcare organizations have undertaken numerous screening programs over the decade to decrease cancer-related mortality rates, worldwide. Healthcare organizations, such as American Medical Association, the National Cancer Institute, and the National Comprehensive Cancer Network recommend the use of routine screening mammograms for women above the age of 40 years to improve cancer screening participation to avoid the risk of developing breast cancer.

The key companies operating in the mammography systems market are Analogic Corporation, Carestream Health, Fujifilm Holdings Corporation, General Electric Company, Hologic, Inc., Konica Minolta, Inc., Koninklijke Philips N.V., PLANMED OY, Siemens AG, and Toshiba Medical Systems Corporation. The other players operating in the market include Aurora Imaging Technology, Inc., Carestream Health, Delphinus Medical Technologies, Inc., Micrima Limited, and Tualatin Imaging, P.C

Segmentation

Mammography Systems Market Segmentation

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Key Benefits

  • The study provides an in-depth analysis of the global mammography systems market, with current trends and future estimations, to elucidate the imminent investment pockets.
  • Quantitative analysis from 2014 to 2022 is expected to enable the stakeholders to capitalize on prevailing market opportunities.
  • The report provides actual historical figures for 2014 and Year-on-Year forecasts from 2016 to 2022, considering 2015 as base.
  • Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.
  • Extensive analysis is conducted by closely following key product positioning and monitoring the top contenders within the market framework.

Mammography Systems Market Key Segments

By Type

  • Analog Mammography Systems
  • Digital Mammography Systems
    • Computed Radiography Systems
    • Digital Radiography Systems
  • Breast Tomosynthesis Systems¬†¬† ¬†

By Technology

  • 2-D Mammography
  • 3-D Mammography
  • Combined 2-D and 3-D Mammography

By End-user

  • Inpatient Settings
  • Ambulatory Surgical Centers

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

Chapter: 1 INTRODUCTION

1.1. KEY BENEFITS
1.2. KEY MARKET SEGMENTS
1.3. RESEARCH METHODOLOGY

1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. KEY FINDINGS OF THE STUDY
2.2. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top winning strategies
3.2.2. Top investment pockets

3.3. MARKET DYNAMICS

3.3.1. Drivers

3.3.1.1. Growing breast cancer prevalence
3.3.1.2. Rising geriatric population
3.3.1.3. Government funding for breast cancer treatment and related research
3.3.1.4. Technological advancements
3.3.1.5. Increasing awareness for breast cancer

3.3.2. Restraints

3.3.2.1. Radiation risks
3.3.2.2. Inaccurate results

3.3.3. Opportunities

3.3.3.1. Combination of 2D and 3D mammography
3.3.3.2. Emerging Markets

3.3.4. Impact analysis

3.4. TRENDS

3.4.1. Introduction of CAD systems for mammography
3.4.2. Shift towards digital mammography and tomosynthesis

3.5. MARKET SHARE ANALYSIS, 2015
3.6. REIMBURSEMENT
3.7. GOVERNMENT RECOMMENDATIONS
3.8. GOVERNMENT REGULATIONS

Chapter: 4 GLOBAL MAMMOGRAPHY SYSTEMS MARKET, BY PRODUCT

4.1. OVERVIEW

4.1.1. Key market trends
4.1.2. Growth factors and opportunities
4.1.3. Market size and forecast
4.1.4. Analog Mammography Systems

4.1.4.1. Market size and forecast

4.1.5. Digital Mammography Systems

4.1.5.1. Market size and forecast
4.1.5.2. Computed radiography (CR) mammography systems
4.1.5.3. Market size and forecast
4.1.5.4. Digital radiography (DR) mammography systems
4.1.5.5. Market size and forecast

4.1.6. Breast Tomosynthesis

4.1.6.1. Market size and forecast

Chapter: 5 GLOBAL MAMMOGRAPHY SYSTEMS MARKET, BY TECHNOLOGY

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. 2-D TECHNOLOGY

5.2.1. Market size and forecast

5.3. 3-D TECHNOLOGY

5.3.1. Market size and forecast

5.4. COMBINED 2-D AND 3-D TECHNOLOGY

5.4.1. Market size and forecast

Chapter: 6 MAMMOGRAPHY MARKET, BY END USER

6.1. OVERVIEW

6.1.1. Market size and forecast

6.2. INPATIENT SETTINGS

6.2.1. Market size and forecast

6.3. AMBULATORY SURGICAL CENTERS (ASCS)

6.3.1. Market size and forecast

Chapter: 7 GLOBAL MAMMOGRAPHY SYSTEMS MARKET, BY REGION

7.1. OVERVIEW

7.1.1. Market size and forecast

7.2. NORTH AMERICA

7.2.1. Key market trends
7.2.2. Growth factors and opportunities
7.2.3. Market size and forecast
7.2.4. U.S. market size and forecast
7.2.5. Canada market size and forecast
7.2.6. Mexico market size and forecast

7.3. EUROPE

7.3.1. Key market trends
7.3.2. Growth factors and opportunities
7.3.3. Market size and forecast
7.3.4. Germany market size and forecast
7.3.5. France market size and forecast
7.3.6. UK market size and forecast
7.3.7. Italy market size and forecast
7.3.8. Spain market size and forecast
7.3.9. Rest of Europe market size and forecast

7.4. ASIA-PACIFIC

7.4.1. Key market trends
7.4.2. Growth factors and opportunities
7.4.3. Market size and forecast
7.4.4. Japan market size and forecast
7.4.5. China market size and forecast
7.4.6. India market size and forecast
7.4.7. Rest of Asia-Pacific market size and forecast

7.5. LAMEA

7.5.1. Key market trends
7.5.2. Growth factors and opportunities
7.5.3. Market size and forecast
7.5.4. Brazil market size and forecast
7.5.5. South Africa market size and forecast
7.5.6. Kingdom of Saudi Arabia market size and forecast
7.5.7. Rest of LAMEA market size and forecast

Chapter: 8 COMPANYPROFILES

8.1. ANALOGIC CORPORATION

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Business performance
8.1.5. Key strategic moves and developments
8.1.6. Strategy share (%)

8.2. CARESTREAM HEALTH

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Business performance
8.2.5. Key strategic moves and developments
8.2.6. Strategy share (%)

8.3. FUJIFILM HOLDINGS CORPORATION

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Business performance
8.3.5. Key strategic moves and developments
8.3.6. Strategy share (%)

8.4. GENERAL ELECTRIC COMPANY

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Business performance
8.4.5. Key strategic moves and developments
8.4.6. Strategy share (%)

8.5. HOLOGIC, INC.

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Business performance
8.5.5. Key strategic moves and developments
8.5.6. Strategy share (%)

8.6. KONICA MINOLTA, INC.

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Business performance
8.6.5. Key strategic moves and developments
8.6.6. Strategy share (%)

8.7. KONINKLIJKE PHILIPS N.V.

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Business performance
8.7.5. Key strategic moves and developments
8.7.6. Strategy share (%)

8.8. PLANMED OY

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Business performance
8.8.5. Key strategic moves and developments
8.8.6. Strategy share (%)

8.9. SIEMENS AG

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Business performance
8.9.5. Key strategic moves and developments
8.9.6. Strategy share (%)

8.10. TOSHIBA MEDICAL SYSTEMS CORPORATION

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Business performance
8.10.5. Key strategic moves and developments
8.10.6. Strategy share (%)

LIST OF TABLES

TABLE 1. COVERAGE PAYMENT OF SCREENING MAMMOGRAPHY PER AGE GROUP
TABLE 2. HCPCS CODE TO BILL MAMMOGRAPHY SERVICES
TABLE 3. MAMMOGRAPHY PAYMENT
TABLE 4. GLOBAL MAMMOGRAPHY SYSTEMS MARKET, BY TYPE ($MILLION), 2014-2022
TABLE 5. GLOBAL MAMMOGRAPHY SYSTEMS MARKET, BY TYPE (UNITS), 2014-2022
TABLE 6. GLOBAL ANALOG MAMMOGRAPHY SYSTEMS MARKET, BY REGION ($MILLION), 2014-2022
TABLE 7. GLOBAL ANALOG MAMMOGRAPHY SYSTEMS MARKET, BY REGION (UNITS), 2014-2022
TABLE 8. NORTH AMERICA ANALOG MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY ($MILLION), 2014-2022
TABLE 9. NORTH AMERICA ANALOG MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY (UNITS), 2014-2022
TABLE 10. EUROPE ANALOG MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY ($MILLION), 2014-2022
TABLE 11. EUROPE ANALOG MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY (UNITS), 2014-2022
TABLE 12. ASIA-PACIFIC ANALOG MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY ($MILLION), 2014-2022
TABLE 13. ASIA-PACIFIC ANALOG MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY (UNITS), 2014-2022
TABLE 14. LAMEA ANALOG MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY ($MILLION), 2014-2022
TABLE 15. LAMEA ANALOG MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY (UNITS), 2014-2022
TABLE 16. GLOBAL DIGITAL MAMMOGRAPHY SYSTEMS MARKET, BY TYPE ($MILLION), 2014-2022
TABLE 17. GLOBAL DIGITAL MAMMOGRAPHY SYSTEMS MARKET, BY REGION ($MILLION), 2014-2022
TABLE 18. GLOBAL DIGITAL MAMMOGRAPHY SYSTEMS MARKET, BY REGION (UNITS), 2014-2022
TABLE 19. NORTH AMERICA DIGITAL MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY ($MILLION), 2014-2022
TABLE 20. NORTH AMERICA DIGITAL MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY (UNITS), 2014-2022
TABLE 21. EUROPE DIGITAL MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY ($MILLION), 2014-2022
TABLE 22. EUROPE DIGITAL MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY (UNITS), 2014-2022
TABLE 23. ASIA-PACIFIC DIGITAL MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY ($MILLION), 2014-2022
TABLE 24. ASIA-PACIFIC DIGITAL MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY (UNITS), 2014-2022
TABLE 25. LAMEA DIGITAL MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY ($MILLION), 2014-2022
TABLE 26. LAMEA DIGITAL MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY (UNITS), 2014-2022
TABLE 27. GLOBAL BREAST TOMOSYNTHESIS SYSTEMS MARKET, BY REGION ($MILLION), 2014-2022
TABLE 28. GLOBAL BREAST TOMOSYNTHESIS SYSTEMS MARKET, BY REGION (UNITS), 2014-2022
TABLE 29. NORTH AMERICA BREAST TOMOSYNTHESIS SYSTEMS MARKET, BY COUNTRY ($MILLION), 2014-2022
TABLE 30. NORTH AMERICA BREAST TOMOSYNTHESIS SYSTEMS MARKET, BY COUNTRY (UNITS), 2014-2022
TABLE 31. EUROPE BREAST TOMOSYNTHESIS SYSTEMS MARKET, BY COUNTRY ($MILLION), 2014-2022
TABLE 32. EUROPE BREAST TOMOSYNTHESIS SYSTEMS MARKET, BY COUNTRY (UNITS), 2014-2022
TABLE 33. ASIA-PACIFIC BREAST TOMOSYNTHESIS SYSTEMS MARKET, BY COUNTRY ($MILLION), 2014-2022
TABLE 34. ASIA-PACIFIC BREAST TOMOSYNTHESIS SYSTEMS MARKET, BY COUNTRY (UNITS), 2014-2022
TABLE 35. LAMEA BREAST TOMOSYNTHESIS SYSTEMS MARKET, BY COUNTRY ($MILLION), 2014-2022
TABLE 36. LAMEA BREAST TOMOSYNTHESIS SYSTEMS MARKET, BY COUNTRY (UNITS), 2014-2022
TABLE 37. GLOBAL MAMMOGRAPHY SYSTEMS MARKET, BY TECHNOLOGY ($MILLION), 2014-2022
TABLE 38. GLOBAL MAMMOGRAPHY SYSTEMS MARKET, BY END-USER ($MILLION), 2014-2022
TABLE 39. GLOBAL MAMMOGRAPHY SYSTEMS MARKET, BY REGION ($MILLION), 2014-2022
TABLE 40. GLOBAL MAMMOGRAPHY SYSTEMS MARKET, BY REGION (UNITS), 2014-2022
TABLE 41. NORTH AMERICA MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY($MILLION), 2014-2022
TABLE 42. NORTH AMERICA MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY (UNITS), 2014-2022
TABLE 43. EUROPE MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY ($MILLION), 2014-2022
TABLE 44. EUROPE MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY (UNITS), 2014-2022
TABLE 45. BREAST CANCER SCREENING PROGRAMS IN ICSN COUNTRIES, 2012: ORGANIZATION, POLICIES, AND PROGRAM REACH
TABLE 46. ASIA-PACIFIC MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY ($MILLION), 2014-2022
TABLE 47. ASIA-PACIFIC MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY (UNITS), 2014-2022
TABLE 48. COMMUNITY HEALTH GRANTS IN LAMEA
TABLE 49. LAMEA MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY ($MILLION), 2014-2022
TABLE 50. LAMEA MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY (UNITS), 2014-2022
TABLE 51. ANALOGIC: COMPANY SNAPSHOT
TABLE 52. ANALOGIC: OPERATING SEGMENTS
TABLE 53. CARESTREAM: COMPANY SNAPSHOT
TABLE 54. CARESTREAM: OPERATING SEGMENTS
TABLE 55. FUJIFILM: COMPANY SNAPSHOT
TABLE 56. FUJIFILM: OPERATING SEGMENTS
TABLE 57. GE: COMPANY SNAPSHOT
TABLE 58. GE: OPERATING SEGMENTS
TABLE 59. HOLOGIC: COMPANY SNAPSHOT
TABLE 60. HOLOGIC: OPERATING SEGMENTS
TABLE 61. KONICA: COMPANY SNAPSHOT
TABLE 62. KONICA: OPERATING SEGMENTS
TABLE 63. PHILIPS: COMPANY SNAPSHOT
TABLE 64. PHILIPS: OPERATING SEGMENTS
TABLE 65. PLANMED: COMPANY SNAPSHOT
TABLE 66. PLANMED: OPERATING SEGMENTS
TABLE 67. SIEMENS: COMPANY SNAPSHOT
TABLE 68. SIEMENS: OPERATING SEGMENTS
TABLE 69. TOSHIBA: COMPANY SNAPSHOT
TABLE 70. TOSHIBA: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1. EUROPE MAMMOGRAPHY SYSTEMS MARKET, BY COUNTRY, 2015 VS 2022 ($MILLION)
FIGURE 2. MARKET SEGMENTATION
FIGURE 3. ESTIMATED NUMBER OF NEW CANCERS IN FEMALES (ALL AGES)
FIGURE 4. GLOBAL BREAST CANCER INCIDENCE
FIGURE 5. GLOBAL INCIDENCE OF BREAST CANCER IN ELDERLY WOMEN (AGES >= 65)
FIGURE 6. IMPACT ANALYSIS
FIGURE 7. MARKET SHARE ANALYSIS, 2015
FIGURE 8. BREAST CANCER SCREENING GUIDELINES FOR WOMEN
FIGURE 9. CR MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 10. DR MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 11. 2-D MAMMOGRAPHY TECHNOLOGY MARKET ($MILLION), 2014-2022
FIGURE 12. 3-D MAMMOGRAPHY TECHNOLOGY MARKET ($MILLION), 2014-2022
FIGURE 13. COMBINED 2-D & 3-D MAMMOGRAPHY TECHNOLOGY MARKET ($MILLION), 2014-2022
FIGURE 14. INPATIENT SETTINGS MARKET ($MILLION), 2014-2022
FIGURE 15. AMBULATORY SURGICAL CENTERS (ASCS) MARKET ($MILLION), 2014-2022
FIGURE 16. BREAST CANCER INCIDENCE OF NORTH AMERICAN COUNTRIES
FIGURE 17. U.S. MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 18. CANADA MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 19. MEXICO MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 20. ESTIMATED BREAST CANCER INCIDENCE IN COUNTRIES OF EUROPE , 2012
FIGURE 21. BREAST CANCER INCIDENCE IN EUROPE AN COUNTRIES
FIGURE 22. GERMANY MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 23. FRANCE MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 24. UK MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 25. ITALY MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 26. SPAIN MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 27. REST OF EUROPE MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 28. BREAST CANCER INCIDENCE IN ASIA-PACIFIC COUNTRIES
FIGURE 29. COMPARISON OF BREAST CANCER STATUS IN INDIA AND CAUCASIAN
FIGURE 30. BREAST CANCER INCIDENCE RATE IN ASIAN-PACIFIC COUNTRIES, 2012
FIGURE 31. JAPAN MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 32. CHINA MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 33. INDIA MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 34. REST OF ASIA-PACIFIC MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 35. LEADING SITES OF NEW CANCER CASES IN LATIN AMERICA (2012)
FIGURE 36. BREAST CANCER INCIDENCE IN LAMEA
FIGURE 37. BRAZIL MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 38. SOUTH AFRICA MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 39. KINGDOM OF SAUDI ARABIA MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 40. REST OF LAMEA MAMMOGRAPHY SYSTEMS MARKET ($MILLION), 2014-2022
FIGURE 41. ANALOGIC: FINANCIALS
FIGURE 42. CARESTREAM: FINANCIALS
FIGURE 43. FUJIFILM: FINANCIALS
FIGURE 44. GE: FINANCIALS
FIGURE 45. HOLOGIC: FINANCIALS
FIGURE 46. KONICA: FINANCIALS
FIGURE 47. PHILIPS: FINANCIALS
FIGURE 48. PLANMED: FINANCIALS
FIGURE 49. SIEMENS: FINANCIALS
FIGURE 50. TOSHIBA: FINANCIALS

 

Globally, breast cancer, constitute a major proportion of health and economic burden; hence, the development of effective imaging modality is a vital need for the diagnosis of breast cancer. Breast tomosynthesis is an emerging diagnosis option, as it helps in detecting cancer in women with dense breast tissue, which in turn will boost the mammography market.

Increase in incidence of breast cancer, has led to high adoption of mammography systems such as digital mammography. In addition, the increased government funding to support research on breast cancer, rise in geriatric population, and increase in awareness initiatives about breast cancer also led to market growth globally.

Favorable reimbursement scenario for mammography majorly drives the market growth. For instance, The CMS established payment rates for the Category I Current Procedural Terminology (CPT) code for 3D screening mammography and add-on Healthcare Common Procedure Coding System (HCPCS) code for 3D diagnostic mammography.

Geographically, Asia-Pacific offers lucrative growth opportunity for the market due to increase in healthcare expenditure, rapid aging population, and rise in incidence of breast cancer. Thus, emerging economies (China and India) possess high potential for this market.

 

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