Contrast Enhanced Digital Mammography (CEDM) Market Forecasts to 2030 – Global Analysis By Image Type (2D images and 3D images), Technique (Dual Energy CEDM, Temporal Subtraction and Other Techniques), Application, End User and By Geography

Contrast Enhanced Digital Mammography (CEDM) Market Forecasts to 2030 – Global Analysis By Image Type (2D images and 3D images), Technique (Dual Energy CEDM, Temporal Subtraction and Other Techniques), Application, End User and By Geography

According to Stratistics MRC, the Global Contrast Enhanced Digital Mammography (CEDM) Market is accounted for $410.1 million in 2023 and is expected to reach $900.9 million by 2030 growing at a CAGR of 11.8% during the forecast period. An emerging method, contrast-enhanced mammography can be used to screen for breast cancer as well as to show the extent of the disease, show how patients respond to neoadjuvant therapy, and show anomalies found during screening. In addition to producing a full-field, high-resolution, low-energy digital mammogram, CEDM also creates an MRI-like contrast-enhanced image that shows the vascularity of the lesion. With around ten times the spatial resolution of breast MRI, the great spatial resolution of the digital detector displays lesion features.

According to clinical studies, mammography has decreased the mortality rate by 25% to 35% among screened women. According to the U.S. Breast Cancer Statistics, about 1 in 8 women in the U.S. (about 12.4%) would develop invasive breast cancer over the course of her lifetime.

Market Dynamics

Driver

Time efficient process

A digital mammography is renowned for its quick results, which are available right away for the doctors to review. There is no requirement to spend time on film developing as there would be in a conventional process. During the examination, the technician can see the results on the computer screen. They can also be altered to magnify and concentrate on specific locations. It is also feasible to alter the contrast to distinguish between normal and diseased breast tissues. As a result, this is the main element fueling the market's expansion.

Restraint

Reduced spatial resolution

Digital mammography also has a function with a lower spatial resolution. The projected calcification images are elevated above the lowest resolution limit by the digital geometric magnification. The fact that the picture magnification power on the monitor is not a substitute for true geometric magnification with better focus is another problem. As a result, this factor is preventing the market from expanding.

Opportunity

Advent of new technology

The death rate from breast cancer is projected to decrease as a result of technological developments in CEDM and several government campaigns to raise awareness. In thick breasts, however, the introduction of contrast-enhanced digital mammography enhances cancer diagnosis. The introduction of breast cancer screening programmes worldwide and the rise in breast cancer prevalence have fuelled the market's expansion.

Threat

High cost

The price of a digital mammography is more than one using traditional film. The procedure's time savings would cover this cost for the improved facilities. However, research falls short of demonstrating the advantages of breast cancer detection. Additionally, there is a lower chance of a contrast allergic reaction and a higher radiation dose compared to traditional mammography. Contrast-enhanced mammography solutions are hindering the market's growth because breast MR is more time-consuming, expensive, and uncomfortable for patients.

Covid-19 Impact

The market has been adversely affected by the COVID-19 pandemic. Globally, the pandemic led to significant declines in breast cancer screening, cancer management visits, and cancer operations. Due to the lockdown measures in several nations and the delays in manufacturing and production of a wide variety of X-ray imaging devices, including mammography systems, the pandemic epidemic has had an impact on the growth of the business for mammography systems.

The diagnosis segment is expected to be the largest during the forecast period

The diagnosis segment is estimated to have a lucrative growth, due to rise in the number of breast cancer cases, increase in focus on digital mammography. Techniques for mammography-guided biopsies are getting a lot of attention since they are affordable and quick. It is predicted that these cutting-edge methods would enhance patient results and experience. During the forecast period, the segment is anticipated to grow as women become more aware of the importance of routine screening to find cancer before any symptoms appear.

The hospitals segment is expected to have the highest CAGR during the forecast period

The hospitals segment is anticipated to witness the fastest CAGR growth during the forecast period, due to increase in number of hospitals across the globe. Hospitals are regarded as the organised setting that provides high-quality care to improve the patient's quality of life. The technique used to monitor and study medical issues is diagnostic imaging. The diagnostic imaging Centres have the knowledge and top-notch tools necessary to carry out the diagnostic procedures and get the result.

Region with Largest share

North America is projected to hold the largest market share during the forecast period owing to high prevalence and increase in incidence of breast cancer. Some of the key factors anticipated to propel the market growth include the rising adoption of advanced diagnostic techniques for breast malignancy detection in the region, the superiority of contrast-enhanced digital mammography over the traditional MRI technique, rising incidence of breast cancer, and growing awareness of early detection and screening of breast cancer.

Region with highest CAGR

Asia Pacific is projected to have the highest CAGR over the forecast period, owing to various initiatives taken by private and government institutions to provide better health care facilities. Low cost of contrast-enhanced digital mammography, quicker procedure time compared to standard MRI, and a sharp increase in the number of breast cancer patients in the area. Government programmes offering free cancer screenings are also propelling the industry.

Key players in the market

Some of the key players profiled in the Contrast Enhanced Digital Mammography (CEDM) Market include Koninklijke Philips N.V., Allengers Medical Systems Limited, Siemens Healthcare GmbH, Planmed Oy, Carestream Health, Hologic Inc., GE Healthcare, Bmi Biomedical International S.R.L., Serena Bright, Toshiba Medical Systems, Metaltronica S.p.A, Konica Minolta, Inc., Gamma Medica, Inc. and Villa Systems Medical SpA.

Key Developments

In April 2023, Koninklijke Philips N.V. PHG recently announced that it has entered into a seven-year agreement with Northwell Health, one of the largest healthcare providers in the state of New York.

In February 2023, Siemens Healthineers and Unilabs announced a multi-year agreement valued at over €200 million. Unilabs has invested in Siemens Healthineers top-notch technology and will acquire more than 400 laboratory analyzers to further improve its laboratory infrastructure to offer an unparalleled service to its customers.

Image Types Covered
• 2D images
• 3D images

Techniques Covered
• Dual Energy CEDM
• Temporal Subtraction
• Other Techniques

Applications Covered
• Diagnosis
• Screening
• Other Applications

End Users Covered
• Specialty Clinics
• Diagnostic Centers
• Hospital
• Other End Users

Regions Covered
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements