Segments - Mammography Workstation Market by Modality (Multimodal and Standalone), Applications (Diagnostic Screening, Advance Imaging, and Clinical Review), End-users (Hospitals, Breast Care Centers, and Academia), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The global mammography workstation market size was valued at USD 141.43 million in 2022 and is expected to surpass USD 262.21 Million by 2031, expanding at a CAGR of 7.1% during the forecast period, 2023–2031. The growth of the market is attributed to the rising prevalence of breast cancer in the world along with advancements in the technology for diagnosis and treatment of the disease.
Mammography is an advanced technique for the diagnostic of breast cancer that allows to scan and take images of the breast for the detection of tumor. Mammography workstation is an open architecture that gives high-resolution imaging to capture, manage, archive, view, and safeguard information and images. The workstations support the screening as well as diagnostic workflow.
The devices are scalable and have standalone application to reviewing a huge workgroup. As per the World Health Organization (WHO) reports in 2018, greater than 0.6 million women died due to breast cancer, which is nearly 15% of all cancer deaths globally. Additionally, rising awareness regarding the disease and early diagnosis of cancer due to the advancement of mammography diagnostics, the treatment is getting possible.
As per reports of the Breast Cancer Surveillance Consortium, the diagnosis of breast cancer has inclined to 34.7 per 100 examinations due to the use of mammography workstation. As per the statistics provided by Globocan report of 2020, breast cancer is the most common form of cancer and the prevalence rate of the cancer type was recorded as 11.7%.
The same report suggests, the five-year frequency of cancer in different region as Asia being the top of the list with the count of 3,218,496 (41.3%) people with breast cancer, second in the list was Europe with 2,138,117 cases, and North America in the third with 1.189,111 people (15.3%).
As per study of the WHO, the population of old-aged people with more than 60 years of age is anticipated to reach 2 billion. This increases the risk of breast cancer patient as age is a factor for cancer in women.
Advancement in the technology and new product development due to the extensive research activities in the field are driving the market growth.
Rising government initiatives and interest in the breast cancer control and treatment with implementation of favorable policies for the market players are boosting the market growth.
Increasing funding by major players as well as government organization to improve the advanced development of the workstation are propelling the market expansion.
Adverse effects and side-effects of the radiation associated with mammography is a major restraint that can hinder the market growth.
High cancer prevalence as well as increased awareness about the importance of early detection of the disease are offering huge opportunities for the market growth in the coming years.
The report on the global mammography workstation market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Mammography Workstation Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Modality (Multimodal and Standalone), Applications (Diagnostic Screening, Advance Imaging, and Clinical Review), and End-users (Hospitals, Breast Care Centers, and Academia) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Hologic; Fujifilm; Siemens Healthcare; GE Healthcare; and Philips Healthcare |
Based on modality, the global mammography workstation market is bifurcated into multimodal and standalone. The multimodal segment is expected to grow at a rapid pace during the forecast period attributed to high use of these modalities in breast care centers as well as hospitals. The multimodal workstation is a high-quality device with high-resolution display and is available with customization for personalized reading protocols and configuration.
The standalone workstation segment is anticipated to grow at significant rate in the near future owing to the high demand as well as high effectiveness of the devices. It is a workstation that has multivendor images and multimodality integration. This devices combines data from several modalities in one location and help in aligning breast tissue images.
On the basis of applications, the market is divided into diagnostic screening, advance imaging, and clinical review. The diagnosis segment is projected to expand at a considerable CAGR during the forecast period owing to the increased use of mammography workstations in diagnostic techniques. The diagnostic technique is used for diagnosis of asymptomatic women at the early stages of the cancer. The rise in breast cancer cases as well as high awareness about the disease are boosting the market segment.
The advanced imaging segment, however, is estimated to register significant growth in the coming years as the high acceptance of the product and rapid launches of innovative devices. The advanced imaging has its wide application across several sectors such as cancer detection, radiology, and angiography.
On the basis of end-users, the global mammography workstation market is divided into hospitals, breast care centers, and academia. The hospitals segment is expected to grow at a substantial rate in the coming years owing to the rising healthcare investments by the major market players along with government organizations. The inclining number of cancer cases as well as extensive advancements in the technologies are boosting the market segment growth.
The breast care center, however, is projected to account for a large market share in the coming years as a large number of the global population are widely aware about the disease and increasing number of cancer patients. The center is providing preventive health facilities as well as complete diagnosis of the disease.
In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to constitute a key market share during the projected period owing to the high cancer prevalence in the region and high awareness about the early diagnosis of the disease among a large number of the regional population. The rising number of old age population in the region is also a key contributing factor for the growth of the market. The improvement in the technologies and constant development are driving the regional market growth to further extent.
On the other hand, the Asia Pacific market is anticipated to hold a considerable market share in the coming years owing to the large size of the population of the region and developing healthcare facilities. The government efforts to increase awareness as well as to policies for early detection of the cancer are key factors fueling the market growth. The constant technological development as well as high old age population are boosting the regional market.
The global mammography workstation market has been segmented on the basis of
The key players competing in the global mammography workstation market are Siemens Healthcare; GE Healthcare; Hologic; Fujifilm; and Philips Healthcare. In January 2019, Trivitron Healthcare introduced new mammography technology at Arab Health Convention. The major players in the market have been focusing towards the introduction of next-generation mammography workstations.