This comprehensive study provides various aspects of business such as important definition, end use and total revenue generated across various regions. The study is a professional probe into the revenue generated and capacity estimates for the Mammography Workstations Market for the forecast period 2020 – 2027 empower the business owners to maintain a competitive edge over their rivals. The research further examines and provides data on the market by type, application and geography interspersed with illustrations and other graphical representations. The market analysis not only determines the attractiveness of the industry but also the evolving challenges and opportunities and their association with the weaknesses and strengths of prominent market leaders. Other factors taken into consideration when studying the industry include profitability, manufacturing capability, distribution channels and industry cost structure and major success factors.
The global mammography workstations market size was USD 110.5 Million in 2019 and is expected to reach USD 178.0 Million by 2027, at a CAGR of 6.8% during the forecast period. The global mammography workstations market is expected to expand steadily during the forecast period, due to the increasing prevalence of breast cancer worldwide. The market is anticipated to be fueled by rising awareness about breast cancer care in the near future.
Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Mammography Workstations market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Mammography Workstations market revenue growth to a significant extent over the forecast period.
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Key Highlights of Report
In August 2020, Acessa Health Inc. was acquired by Hologic, Inc. The deal will improve the GYN (gynecology) surgical range of Hologic with highly compatible, efficient technology.
The multimodal segment is expected to dominate the market during the forecast period, since multimodal mammography workstations can connect the picture archiving and communication system (PACS) and the radiological information system (RIS) with diagnostic solutions to provide high-quality patient treatment. In addition, diagnostic multimodal breast imaging solutions improve radiological performance, which is anticipated to further fuel the segment during the forecast period.
The diagnostic screening segment is expected to hold the largest market share during the forecast period, as diagnostic screening allows assessment of breast cancer signs at an early stage by diagnosing certain symptoms such as breast pain, breast skin swelling, nipple discharge, and changes in breast size and shape. It also allows breast cancer diagnosis in women with no apparent signs. This is expected to fuel the diagnostic screening segment to a certain level during the forecast period.
The hospitals segment is anticipated to retain the largest market share during the forecast period. Mammography workstations improve hospital performance by offering various sorts of imaging tools to a breast radiologist. In addition, government support for hospitals to implement innovative techniques for breast cancer is projected to fuel the segment in the near future.
The North America region is anticipated to lead the global market, due to growing prevalence of breast cancer amongst women in the region. In addition, growing awareness about early diagnosis of breast cancer is estimated to promote growth of the market in the region during the forecast period.
Key market participants include Koninklijke Philips N.V., EIZO Corporation, Sectra AB, Esaote SpA, Carestream Health, Inc., Siemens AG, Hologic, Inc., Barco NV, Konica Minolta, Inc., and Agfa-Gevaert N.V.
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Regional Landscape
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Taxonomy:
Chapter 1: Methodology & Scope
- Definition and forecast parameters
- Methodology and forecast parameters
- Data Sources
Chapter 2: Executive Summary
- Business trends
- Regional trends
- Product trends
- End-use trends
Chapter 3: Industry Insights
- Industry segmentation
- Industry landscape
- Vendor matrix
- Technological and innovation landscape
Chapter 4: Regional Landscape
Chapter 5: Company Profile
- Business Overview
- Financial Data
- Product Landscape
- Strategic Outlook
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