Mammography Equipment Market Size, Share & Trends Analysis Report By Product Type (Analog mammography equipment, Digital mammography equipment, Breast tomosynthesis equipment), By Age-Group (0 to 18, 19 to 40, 41 to 60, 60 above), By End-Use (Hospitals, Diagnostic laboratories, Research Center, Ambulatory Surgical Centers (ASCs)) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2022-2030

Market Overview

The global mammography equipment market size was worth USD 1.23 billion in 2021. It is projected to reach USD 2.93 billion by 2030, growing at a CAGR of 10.12% during the forecast period (2022–2030).

Mammography is an imaging technique that uses low-energy X-rays to examine the human breast for screening and diagnosis. The market is majorly driven by the rising prevalence of breast cancer, growing technological advancements in breast imaging, well-developed healthcare infrastructure, and increasing awareness regarding cancer among the population.  As per the CDC, in the U.S. alone, about 245,000 cases of breast cancer are diagnosed every year, and it is the second leading cause of death across the country. This can be attributed to the changing lifestyles, increasing prevalence of obesity, rising acceptance of hormone replacement therapies, and growing alcohol consumption. Some of the other factors responsible for causing breast cancer include dense breast tissue, delayed maternity, and genetic mutation, which is subsequently increasing the need for mammogram tests. To attend to the dire situation, the governments across the globe are actively working to offer free and low-cost mammogram tests. For instance, the CDC organizes the National Breast and Cervical Cancer Early Detection Program for clinical breast exams & mammograms across the U.S. Similarly, a number of key players are launching mobile mammography units to emphasize patient comfort. For instance, in May 2019, Fujifilm launched a new mobile mammography unit with an advanced AMULET Innovality facility.

Today, a number of technologically advanced techniques are being introduced in the field of breast imaging segment, including 3D tomosynthesis, contrast-enhanced mammography, and film-screen mammography. In the last few years, digital mammography has been witnessing significant demand among the patients as it reduces the radiation-induced breast cancer risk. In line with the growing demand, a number of key players are shifting towards the manufacturing of high quality and low radiation dose x-rays using silver, rhodium, and tungsten anode, which are adhering to the Mammography Quality Standards Act (MQSA) issued by the FDA. Some of the factors driving the market include the increasing innovation in the field of mammography, mounting demand for hybrid imaging and full-field mammography, and the introduction of novel products facilitated with progressive technologies—such as Hologic breast tomosynthesis.

Market Dynamics

Understanding the key categories of mammography equipment

Digital mammography equipment is predicted to witness positive growth during the forecast period.  This can be attributed to the capability of the systems to capture high-contrast and superior quality electronic images with minimal physical compression of the breast. It also offers soft-copy image displays coupled with soft-copy reading for easy data transferring. In addition to this, it provides flexibility to significant developments in breast cancer diagnosis, such as enhanced detection, decreased radiation dosages, and reduced breast compression pressure, which is likely to boost the market growth to some extent.  

The breast tomosynthesis segment is grabbing one of the highest shares in the global mammography equipment market as it is highly safe and offers accurate results. It also enables the breast to be viewed in a series of layers facilitating the accurate interpretation of images, which is further increasing its adoption across the healthcare sector.  Thereby, key aspects such as detection of multiple breast tumors, clear images within dense breast tissues, and highly accurate results are adding fuel to the segment growth.

Regional Analysis

Regionally, the Market is Segmented into the Americas, Europe, Asia Pacific, and The Middle East and Africa (MEA).

Americas is dominating the global mammography equipment market and will continue the same during the forecast period. The region is backed with leading players continuously working in the field for developing technologically advanced solutions and the rising prevalence of breast cancer.  To attend to the dire situation, the governments are heavily investing in organizing camps and free check-up facilities for the detection of breast cancer. In the U.S., the market players are engaging in umpteen partnerships and acquisitions to expand their customer base, which is further adding fuel to the market growth.

Europe is second in the global mammography equipment market on account of the increasing prevalence of breast cancer, rising R&D activities, and growing government support. As per the Europa Donna, in 2018, around 562,500 women were suffering from breast cancer. In the region, Germany and U.K are leading in the mammography equipment market as they are backed with well-established healthcare infrastructure and advanced technology. Additionally, it has the presence of leading market players, such as Siemens Healthcare and BMI Biomedical International, which is further boosting the market growth.

Asia Pacific is the fastest growing mammography equipment market. This can be attributed to the increasing prevalence of breast cancer, expanding healthcare infrastructure, a large pool of oncologists, and swiftly rising economies like Japan and India.  To attend to the growing prevalence of cancer, the governments in the region are organizing various camps to raise awareness about cancer and its effect on life. For instance, Wacoal Corp. organizes the Pink Ribbon Fitting Campaign and donates funds to the Japan Society of Breast Health, J. POSH, and Japan Cancer Society (Smile Fund).

The Middle East and Africa are emerging in the mammography equipment market due to a lack of technologically advanced equipment, low economic growth, and lack of awareness regarding breast cancer treatment. However, the region is expected to gain momentum in the years to come on account of rising healthcare expenditure and increasing initiatives undertaken by the government.

Segmental Analysis

Based on age

The 60 and above segment is accounting for a significant share in the global mammography equipment market. Globally, the prevalence of breast cancer is increasing at an alarming rate due to rising genetic mutations, obesity, and a sedentary lifestyle. As per the Cancer Treatment Centers of America, women above the age of 60 are more likely to be diagnosed with breast cancer, which is further amplifying the need for breast cancer detection tests.  

Hospitals to dominate the mammography equipment market

Hospital segment is dominating the mammography equipment market on account of increasing geriatric population, growing need for better healthcare facilities, availability of skilled radiologists, high adoption of advanced 3D mammography, and increasing health insurance for breast cancer treatment.

Recent Developments