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Global Mammography Systems Market Expected to Grow at a CAGR of 8% Through 2025: Rising Cases of Breast Cancer Driving Growth

The global mammography systems market was valued approximately US$ 1.5 Bn in 2016 and is anticipated to expand at a CAGR of over 8.0% from 2017 to 2025 to reach US$ 3.1 Bn by 2025.

Posted: Friday, May 04, 2018 at 8:05 AM CDT

Albany, NY -- (SBWire) -- 05/04/2018 --Mammographies have been available for decades now, and the technology involved with this medical test has increased and improved over time. This medical test is conducted for early detection and diagnosis of breast diseases in women. Recently, a new study has been broadcasted to the wide repository of Market Research Hub (MRH), which suggests that surge in the incidence of breast cancer is anticipated to drive demand for mammography systems from 2017 to 2025. This is a 168-page report, which is titled as "Mammography Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025" and offers wide-ranging insights into the market current scenario and future growth prospects during the mentioned forecast period of 2017-2025.

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For accurate results, the global market growth has been analyzed in terms of revenue and volume estimates (in US$ Mn and Thousand Units), across different geographies such as North America, Europe, Asia-Pacific, Middle East and Africa and Latin America. Additionally, regions have been further segmented by major countries. In the market overview section, the study analyzes market dynamics such as drivers, restraints, and opportunities that influence the mammography systems market in the current and future scenario.

Key Highlights from the Study

As mentioned earlier, Mammography is considered to be a standard imaging tool to detect breast cancer. Considering the rising awareness about breast cancer screening programs and technologically advanced mammography systems, the global mammography systems market is anticipated to surge at a significant rate. As per the report key findings, the global mammography systems market was valued approximately US$ 1.5 Bn in 2016 and is anticipated to expand at a CAGR of over 8.0% from 2017 to 2025 to reach US$ 3.1 Bn by 2025.

Another vital section of the report highlights market opportunities on the basis of technology, end-user and region. In terms of technology, the market has been bifurcated into analog mammography systems and digital mammography systems. A shift from analog mammography systems to highly advanced digital mammography systems propels the mammography systems market in North America and Western Europe. In 2016, North America accounted for the largest share of the global market, which is mainly because of a developed economy, advanced healthcare infrastructure, and awareness among the population regarding breast cancer screening and diagnostics.

Browse Full Report with TOC- https://www.marketresearchhub.com/report/mammography-systems-market-global-industry-analysis-size-share-growth-trends-and-forecast-2017-2025-report.html

On the basis of geography, analysts have also found that changing dietary habits and sedentary lifestyle trends in emerging markets such as China and India are expected to fuel the growth of the mammography systems market in the Asia Pacific during the forecast period. Based on end-user, the market has been segmented into hospitals, ambulatory surgical centers, educational & research institutes, and diagnostic centers.

As the report concludes, the profiles of major players in the medical image analysis software market are targeted. They are Koninklijke Philips N.V., Hologic, Inc., Allengers Medical Systems Limited, Siemens Healthcare Private Limited, FUJIFILM Holdings America Corporation, Konica Minolta, Inc., PLANMED OY, and GE Healthcare.

Enquire about this Report- https://www.marketresearchhub.com/enquiry.php?type=enquiry&repid=1451204

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