Mammography Detectors Market: Current Analysis and Forecast (2022-2028)

Mammography Detectors Market: Current Analysis and Forecast (2022-2028)

A mammogram is a screening tool that uses an X-ray of the breast to detect breast cancer. Together with regular clinical exams and monthly breast self-examinations, mammography detectors are a key element in the early diagnosis of breast cancer. The rising prevalence of breast cancer and the increasing demand for early diagnosis of the disease are the pivotal factors affecting the market of mammography detectors. As per the WHO, in 2020, there were 2.3 million women diagnosed with breast cancer and 685 000 deaths globally. As of the end of 2020, there were 7.8 million women alive who were diagnosed with breast cancer in the past 5 years, making it the world’s most prevalent cancer.

The increasing prevalence of favorable government policies is expected to drive the global mammography detectors market at a CAGR of 8%, during the forecast period. Factors such as the growing innovation in cancer diagnostic technology are driving the market growth of the mammography detectors market.

The COVID-19 pandemic has negative impact and repercussions on the global market. The market for mammography detectors was also negatively impacted by COVID-19. This is mainly owing to the reduction in cancer diagnostics and procedures around the globe due to the strict government regulations on hospital visits. Furthermore, hospitals and diagnostic centers also postponed their appointments due to the rapid rise in the SARS COV-2 cases is another reason for the declining growth of the mammography detectors market.

• Based on the detector type, the market has been categorized into computed radiography detectors, flat panel detectors, and CMOS flat detectors. Among them, the computed radiography detectors segment holds a considerable share of the market. The frequent product launches along with technological advancement attributes to the significant share of the segment. For instance, in April 2022, Samsung Introduces New Mobile Digital Radiography Device, the GM85 Fit.
• Based on the end-user, the market has been categorized into hospitals and diagnostic centers. Among them, the diagnostic center segment holds a considerable share of the market. The rising number of chronic diseases and the specialization of diagnostic centers in cancer diagnosis attributes to the significant share of the diagnostic center segment in the market.
• For a better understanding of the market adoption of the mammography detectors industry, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. In 2020, North America held a considerable market share. The major factors such as the presence of major economies such as the United States in the region are attributed to the presence of market players in the region. Furthermore, the higher adoption of advanced technology and increasing efforts on R&D in the region also attributes to the market growth of the mammography detectors market in North America. For instance, Personal health care expenditures account for about 85% of national health expenditures (2). In 2019, current (nominal dollars) spending for personal health care was $3,207 billion.
• Some of the major players operating in the market are Analogic Corporation, General Electric Company, Hologic Inc., Koninklijke Philips N.V., Gamma Medical Inc.., Siemens Healthcare GmbH, SonoCiné, Toshiba Corporation, Teledyne DALSA, and Varex Imaging