Full Field Digital Mammography Market Set to Surge Past US$ 2.18 Billion and Register a Steady Revenue CAGR of 6.2% by 2031 | Growth Plus Reports
Newark, New Castle, USA, May 03, 2023 (GLOBE NEWSWIRE) — Growth Plus Reports estimated the size of the global market for full field digital mammography in 2022 to be worth US$ 1.27 billion, and it is expected to increase at a revenue CAGR of 6.2% to reach US$ 2.18 billion by 2031.
The global market for full field digital mammography was analyzed and is expected to rise with a significant revenue share during the forecast period. Full field digital mammography, also known as “digital mammography,” is a type of mammography in which the solid-state detectors that convert X-rays into electrical impulses, like those found in digital cameras, are used in place of the screen-film mammography’s x-ray film.
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Full Field Digital Mammography Market Scope
Report Attribute | Details |
Market Size Value in 2022 | US$ 1.27 billion |
Revenue Forecast in 2031 | US$ 2.18 billion |
CAGR | 6.2% |
Base Year for Estimation | 2022 |
Forecast Period | 2023 to 2031 |
Historical Year | 2021 |
Segments Covered | Product, End User, and Region |
Regional Scope | North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Key Takeaways:
- The growing awareness of breast cancer is driving the market revenue share.
- Government initiatives for proper diagnosis and breast cancer treatment drive market demand.
- Significant technological advancements such as breast tomosynthesis is boosting revenue growth.
Recent Development in the Global Full Field Digital Mammography Market:
- In May 2022, At the SBI/ACR Breast Imaging Symposium 2022, Volpara Health unveiled new solutions for their integrated platform for providing individualized breast care. Mammography quality and reporting, volumetric breast density measurements, and cancer risk assessment are all made possible by Volpara’s AI-driven breast software solutions.
Competitive Landscape
A list of the prominent players operating in the global market for full field digital mammography includes:
- Siemens Healthineers AG
- FUJIFILM Holdings Corporation
- Samsung Electronics Co., Ltd.
- Koninklijke Philips N.V.
- Hitachi Ltd.
- Canon Medical Systems Corporation
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Market Drivers and Restraints:
The global full field digital mammography market revenue is driven by the increasing incidence of breast cancer, advancements in technology, growing awareness of cancer, and favorable reimbursement policies.
Market Segmentation:
Segmentation By Product
Based on the product, the 2D full-field digital mammography tomosynthesis segment dominates the global full field digital mammography market with the largest revenue share. This significant revenue share is attributed to the lower cost, available insurance and reimbursement policies, and improved and crisp results.
Segmentation By End User
Based on end-user, the hospital’s segment accounts for the largest revenue share in the global full field digital mammography market. This large revenue share is attributed to the quality of breast care services and the use of multidisciplinary high-tech, and patient-centered therapy methods.
Regional Growth Dynamics
Based on the region, North America, with the largest revenue share, dominates the global market. This significant market revenue is attributed to the rising breast cancer cases, extensive research and development of breast cancer treatments, and improvements in breast imaging technologies.
Report Coverage
Growth Plus Reports analyzed the global market for full field digital mammography in-depth. We studied the fundamental market characteristics, significant investment sectors, regional growth analytics, revenue estimates, competing market players, and mergers and acquisitions.
Table of Content
- INTRODUCTION
- Market Ecosystem
- Timeline Under Consideration
- Historical Years – 2021
- Base Year – 2022
- Forecast Years – 2023 to 2031
- Currency Used in the Report
- RESEARCH METHODOLOGY
- Research Approach
- Data Collection Methodology
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Approach
- Bottom Up
- Top Down
- Market Forecasting Model
- Limitations and Assumptions
- PREMIUM INSIGHTS
- Current Market Trends (COVID-19 Perspective)
- Key Players & Competitive Positioning (2022)
- Regulatory Landscape
- MARKET DYNAMICS
- Drivers
- Restraints/Challenges
- Opportunities
- GLOBAL FULL FIELD DIGITAL MAMMOGRAPHY MARKET – ANALYSIS & FORECAST, BY PRODUCT
- 2D Full Field Digital Mammography Tomosynthesis
- 3D Full Field Digital Mammography Tomosynthesis
- GLOBAL FULL FIELD DIGITAL MAMMOGRAPHY MARKET – ANALYSIS & FORECAST, BY END USER
- Hospitals
- Diagnostic Centers
- Others
FULL FIELD DIGITAL MAMMOGRAPHY MARKET TOC
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