Global Mammography Workstations Market Forecast to 2027
According to a recent report by Emergen Research, the worldwide mammography workstations market is anticipated to reach USD 178.0 Million by 2027. The rising incidence of breast cancer around the world is likely to cause the global market for mammography workstations to grow significantly during the forecast period. The global mammography workstations market is expected to grow over the course of the projected period as a result of the rising demand for early cancer detection. Moreover, the market is anticipated to grow because to the development in imaging-related technological advancements, such as breast tomosynthesis, throughout the forecast period.
With 2018 serving as the base year and the forecast period being 2020–2027, the Global Mammography Workstations Market research report is a thorough document that summarises the most current changes and improvements in the Mammography Workstations market. The study offers helpful information on the market's size, share, sales channels, distribution system, market segmentation, consumer needs, industry trends, and future growth possibilities. Also, the worldwide and regional market growth are both examined in the research. The COVID-19 pandemic's effects on the Mammography Workstations Market and its major divisions are examined in the report.
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Competitive Terrain:
The global Mammography Workstations industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Koninklijke Philips N.V., EIZO Corporation, Sectra AB, Esaote SpA, Carestream Health, Inc., Siemens AG, Hologic, Inc., Barco NV, Konica Minolta, Inc., Agfa-Gevaert N.V.
Research Report on the Mammography Workstations Market Addresses the Following Key Questions:
- Who are the dominant players of the Mammography Workstations market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Mammography Workstations market?
- What are the key growth drivers and restraining factors of the Mammography Workstations market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Mammography Workstations market and its key segments?
Market Overview:
The report bifurcates the Mammography Workstations market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Modality Outlook (Revenue, USD Million; 2017–2027)
- Standalone
- Multimodal
- Application Outlook (Revenue, USD Million; 2017–2027)
- Advanced Imaging
- Diagnostic Screening
- Clinical Review
- End-use Outlook (Revenue, USD Million; 2017–2027)
- Academia
- Hospitals
- Breast Care Centers
Regional Landscape section of the Mammography Workstations report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Highlights of Report
- In August 2020, Acessa Health Inc. was acquired by Hologic, Inc. The deal will improve the GYN (gynecology) surgical range of Hologic with highly compatible, efficient technology.
- The multimodal segment is expected to dominate the market during the forecast period, since multimodal mammography workstations can connect the picture archiving and communication system (PACS) and the radiological information system (RIS) with diagnostic solutions to provide high-quality patient treatment. In addition, diagnostic multimodal breast imaging solutions improve radiological performance, which is anticipated to further fuel the segment during the forecast period.
- The diagnostic screening segment is expected to hold the largest market share during the forecast period, as diagnostic screening allows assessment of breast cancer signs at an early stage by diagnosing certain symptoms such as breast pain, breast skin swelling, nipple discharge, and changes in breast size and shape. It also allows breast cancer diagnosis in women with no apparent signs. This is expected to fuel the diagnostic screening segment to a certain level during the forecast period.
- The hospitals segment is anticipated to retain the largest market share during the forecast period. Mammography workstations improve hospital performance by offering various sorts of imaging tools to a breast radiologist. In addition, government support for hospitals to implement innovative techniques for breast cancer is projected to fuel the segment in the near future.
- The North America region is anticipated to lead the global market, due to growing prevalence of breast cancer amongst women in the region. In addition, growing awareness about early diagnosis of breast cancer is estimated to promote growth of the market in the region during the forecast period.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Mammography Workstations market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Points of the Geographical Analysis:
- Data and information related to the consumption rate in each region
- Estimated increase in the consumption rate
- Proposed growth of the market share of each region
- Geographical contribution to market revenue
- Expected growth rate of the regional markets
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