According to the research report titled ‘GLOBAL MAMMOGRAPHY SYSTEM MARKET 2019-2027’, available with Market Study Report, global mammography system market reached a valuation of USD 1825 million in the year 2018 and is expected to showcase a y-o-y growth rate of 7.28% during the forecast period, eventually accounting for USD 3415.5 million by 2027.
 

Increasing mortality rates owing to high occurrence of breast cancer among women is a major factor driving the growth of global mammography system market, claims the study.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2487282/
 

For the record, mammography is a screening process which is primarily used to detect breast cancer. The technology helps in early detection of the disease, especially before any cancer symptoms are observed in patients.
 

Growing awareness pertaining to advantages of early cancer screening coupled with technological advancements are further aiding global mammography system industry size expansion. Rising demand for 3D as well as hybrid mammography tools are adding further traction to the overall market growth.
 

However, lack of skilled medical professionals, high exposure to harmful radiations and escalating costs of mammography devices may act as a restraining factor to the overall market expansion. Additionally, strict regulatory scenario and lack of adequate reimbursement policies may also hamper global mammography system industry remuneration in the subsequent years.
 

Based on product landscape, the market is divided into digital tomosynthesis system, digital system and analog system. Moving on to technology type, the industry is bifurcated into combination technology, 3D technology and 2D technology. The application landscape of global mammography system market consists of diagnostic centers, ambulatory centers, hospitals and others.
 

Considering the geographical landscape, global mammography system market is bifurcated into Middle East & Africa, North America, Asia-Pacific, Europe, and Latin America.
 

As per the report, Asia-Pacific mammography system market is predicted to expand substantially during the analysis timeframe, with China and Japan being the major revenue generators. Growing population in tandem with increased pervasiveness of cancer are augmenting the regional demand for mammography systems.
 

Additionally, increasing per capita income, rising cognizance regarding early diagnosis and rapid expansion of medical tourism industry have helped APAC emerge as a major revenue contributor to overall mammography system market.
 

Planmed Oy, Canon Inc., Konica Minolta Inc., Hologic Inc., QIAGEN N.V., Siemens Healthineers AG, Villa Sistemi Medicali S.p.A., Koninklijke Philips N.V., General Medical Italia S.r.l, General Electric Co., Fujifilm Holdings Corp., Bio-Rad Laboratories Inc., BMI Biomedical International s.r.l., Siemens AG, Carestream Health Inc., Metaltronica S.p.A., and General Medical Merate S.p.A. are the key participants in global mammography system market.