Digital Mammography Market

The global digital mammography market is projected to reach USD 3.05 billion by 2030 from USD 1.35 Billion in 2022, at a CAGR of 10.5% during the forecast period. The technological advancements majorly drive the growth in the digital mammography market in the field of mammography coupled with greater integration of digital & AI tools with imaging workflow, growing screening tests for breast cancer, and increasing funding initiatives from public/private organizations to create awareness for breast cancer screening.

To know about the assumptions considered for the study, Request for Free Sample Report

As of 2022, major players operating in the digital mammography market are mammography market are HOLOGIC (US), GE Healthcare (US), Koninklijke Philips (Netherlands), Siemens Healthineers (Germany), FUJIFILM Corporation (Japan), PLANMED OY (Finland), Toshiba Medical Systems (Japan), Metaltronica S.P.A (Italy), HMK Bilcon (Italy), Landwind Medical (China), IMS (Italy), Timak Shpk (Albania), SternMed GmbH (India), Idetec Medical Imaging (France), DMS Imaging (France), Shenzhen Anke High-tech (India), iCRco (India), Angell Technology (China), Shenzhen Lanmage Medical Technology (China), Genoray (South Korea), and Kangda Intercontinental Medical Equipment (China), among others.

Research Methodology

The study involved four major activities in estimating the current size of the digital mammography market. Exhaustive secondary research was conducted to collect information on the market and its different subsegments. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Top-down and bottom-up approaches were employed to estimate the total market size. After that, market breakdown and data triangulation procedures were used to estimate the size of segments and subsegments.

Secondary Research

The secondary sources referred to in this research study include corporate filings (such as annual reports, SEC filings, investor presentations, and financial statements); research journals; and press releases; trade, business, and professional associations. Secondary sources were used to identify and collect helpful information for this extensive and commercial study of the digital mammography market. Secondary research was mainly used to obtain critical information about the industry’s total pool of key players, market classification and segmentation according to industry trends to the bottom-most level, market trends, and necessary developments by both the public and private organizations in the digital mammography market.

The secondary sources referred to for this research study include government, independent or public, paid/private, and research databases, among others. Secondary data was collected and analyzed to arrive at the overall market size of the digital mammography market, which was further validated by primary research. Some of the critical secondary sources referred to during the preparation of this report are listed below-

• Governmental and inter-governmental sources & databases such as World Health Organization (WHO), World Bank, Organization for Economic Co-operation and Development (OECD), and Centers for Disease Control and Prevention (CDC), among others.
• Business and research articles such as Springer Nature, The Lancet, PubMed, and the US National Library of Medicine, among others.
• Company sources include annual reports, SEC filings, regulatory filings, investor presentations, press releases, and financial statements.

Primary Research

Extensive primary research was conducted after acquiring knowledge about the digital mammography market scenario through secondary research. A significant number of primary interviews were conducted from both the demand (healthcare providers, hospitals, cancer screening centers, and cancer care centers) and supply sides (manufacturers and distributors of digital mammography products). The primaries interviewed for this study include experts from the oncology industry (such as CEOs, VPs, directors, sales heads, and marketing managers of tier 1, 2, and 3 companies engaged in offering digital mammography systems and post-sale services) and administrators & purchase managers of hospitals and diagnostic centers.

Around 65% and 35% of primary interviews were conducted from the supply and demand sides. A robust primary research methodology has been adopted to validate the report's contents and fill gaps. Telephonic and e-mail communications were adopted to conduct interviews (questionnaires were designed and sent to primary participants at their convenience).

The digital mammography market comprises stakeholders such as mammography system providers, breast screening centers, cancer researchers, and academic institutions. The demand side of this market is characterized growing incidence of breast cancer, the rapidly increasing geriatric population, and growing funding from public and private organizations for raising awareness on cancer screening. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the digital mammography market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

• The key players in the industry and markets have been identified through extensive secondary research
• The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research
• All percentage shares split, and breakdowns have been determined using secondary sources and verified through primary sources

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the digital mammography market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the digital mammography market industry.

To know about the assumptions considered for the study, download the pdf brochure

Report Objectives

• To define, describe, and forecast the digital mammography market by product, product type, portability, end user, and region
• To provide detailed information about significant factors influencing the market growth (key drivers, restraints, opportunities, and industry-specific challenges)
• To strategically analyze micromarkets1 concerning individual growth trends, prospects, and their contributions to the overall digital mammography market
• To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
• To forecast the market value of various segments and sub-segments concerning five main regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
• To profile the key players active in the digital mammography market and comprehensively analyze their global revenue shares and core competencies2
• To track and analyze competitive market-specific developments such as product approvals & commercialization, agreements, partnerships, collaborations, acquisitions, and expansions in the digital mammography market

Want to explore hidden markets that can drive new revenue in Digital Mammography Market?

Unlock Insights

Scope of the Report

This research report categorizes the digital mammography market based on product type, technology, end user, and region

By Technology

• 2D Full Field Digital Mammography
• 3D Full Field Digital Mammography (Digital Breast Tomosynthesis)
• Contrast Enhanced Digital Mammography

By Product Type

• Digital Mammography System
• Display Unit
• Central Processing Units
• Visualization Software

By End User

• Hospitals and Surgical Centers
• Breast Care Centers
• Diagnostics Centers

By Region

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • RoE
• Asia Pacific
  • Japan
  • China
  • India
  • South Korea
  • Australia & New Zealand
  • RoAPAC
• Latin America
• The Middle East and Africa

Available Customizations

With the given market data, MarketsandMarkets offers customizations per the company’s specific needs. The following customization options are available for the digital mammography market report:

PRODUCT ANALYSIS

• Product Matrix, which gives a detailed comparison of the product portfolios of the top five global players

PRODUCT ANALYSIS

• Further breakdown of the Rest of Europe’s digital mammography market into Russia, Portugal, Belgium, Denmark, Switzerland, and other European countries (aggregated)

COMPANY INFORMATION

• Detailed analysis and profiling of additional market players (up to 5 OEMs)

To speak to our analyst for a discussion on the above findings, click Speak to Analyst