Global Mammography Workstations Market to Surpass USD 0.19 Billion in 2028 Due to Increasing Prevalence of Breast Cancer

The global mammography workstations market is projected to grow at a CAGR of 6.8% from about USD 0.12 billion in 2020 to more than USD 0.19 billion in 2028, led by increasing prevalence of breast cancer across the world, growing need for early breast cancer diagnosis and treatment, rise in government initiatives to spread breast cancer awareness, and rapid adoption of advanced mammography workstations in hospitals, clinics, and breast care centers.

These are the latest findings of Emergen Research (Vancouver, BC, Canada), a market research and consulting company.

Other major factors further driving the global mammography workstations market are the emergence of technologically enhanced breast cancer diagnostic and imaging technologies such as the breast tomosynthesis procedure, new product launches and increasing regulatory approvals, increasing government investments in R&D activities for newer and more advanced breast cancer detection techniques, and rising focus of manufacturers on the development of next-generation mammography workstations.

By modality, the multi-modal segment dominated the global mammography workstations market in terms of revenue share in 2020, owing to favorable factors such as the rapid adoption of multi-modal mammography workstations due to various advantages over standalone mammography workstations, like higher quality patient care and improved radiological performance, and the emergence of advanced multi-modal mammography workstations, including the picture archiving and communication system (PACS) and radiological information system (RIS).

Based on end-use, the hospitals & clinics segment is expected to register the fastest revenue growth over the forecast period, driven by rising prevalence of breast cancer, increasing number of breast cancer detection procedures, growing use of advanced mammography workstations in hospitals and clinics, and increasing government investments in healthcare infrastructure development.

Geographically, North America accounted for the largest revenue share in the global mammography workstations market due to a rise in the global geriatric population, growing prevalence of breast cancer, increasing need for early breast cancer detection and treatment, technologically advanced mammography devices, and the presence of key market players in the region.

Related Links:
Emergen Research