Europe Mammography Systems Market Key Companies and SWOT Analysis by 2027

The Europe mammography systems market was valued at US$511.67 million in 2019 and is projected to reach US$ 874.84 million by 2027; it is expected to grow at a CAGR of 7.1%during the forecast period.

Mammography systems are specific type of x-ray imaging systems which are particularly used for breast imaging. The systems are used for early detection and analysis of breast cancer. Furthermore, mammography can help to avoid unnecessary biopsies and additional tests. In addition, the systems also provides clear images of abnormalities in breast. With increased awareness regarding breast cancer, there are various breast screening programs emerging which are hereby contributing in reducing the mortality rate in women.The scope of the mammography systems market includes product, technology, end user, and region.

Germany Mammography systems Market Revenue and Forecasts to 2027 (US$ MN)

Market Insights

Increase in number of diagnostic centers with breast cancer screening programs

In the last few years, there has been an increase in investments for research activities focused on the early detection of breast cancer. The Society of Breast Imaging in the US, focuses on minimizing the impact of breast cancer and saving lives of the patients. It has a Research & Education Fund program that aims at providing funds to support the research and education for breast imaging. The research team continues to receive NCI funding for their research on mammography, breast density, and breast cancer.Thus, increasing public–private investments, grants, and funds provides growth impetus to the mammography systems market.Breast cancer screening programs are well cemented in many European countries. European Union (EU) funded the European Breast Screening Network (EBSN) for many years, which encouraged the establishment of several breast cancer screening programs and diagnostic centers .ESBN has contributed generously by delivering high quality screening and published quality standards and guidance for those coming up with new programs. They have been constantly updated with the advanced technologies in order to understand the science and epidemiology of breast cancer. In addition, conferences, awareness programs are likely to favor the growth of mammography systems market. For instance, European Breast Cancer Conference is going to be conducted in October 2020 in Barcelona, Spain. The conference focuses on the management of the breast cancer disease and offers an opportunity to interact with the top most healthcare professionals in order to deliver optimal care for patients. Apart from screening programmesorganised by various organisations, there has been a focus on self-monitoring ,where in, women are encouraged to self-examine their breasts in order to achieve earlier diagnosis. These programmes are aimed at exploiting diagnostic centers and their facilities to tailor to the diagnostic and clinical protocols for high risk women.

Product- Based Market Insights

Based on product,hemammography systems market is segmented into full field digital mammography systems, breast tomosynthesis systems, and analog systems.Thefull field digital mammography systems segment accounted for the largest share in the Europemammography systems market in 2019.However, the breast tomosynthesis systems segment is anticipated to register the highest CAGR in the market during the forecast period.

Europe Mammography Systems Market, by Product – 2019 and 2027

Technology- Based Market Insights

Based on technology, the mammography systems market, by technology, is segmented into screen film, 2D mammography, 3D mammography, and others. The 2D mammography technology segment held the largest share of the market in 2019. However, the 3D mammography segment is anticipated to register the highest CAGR in the market during the forecast period.

End-user- Based Market Insights

Based on end-user, the mammography systems market is segmented into hospitals, ambulatory surgical centers and others. The hospitals end users segment held the largest share of the market in 2019. Also, hospital segment is estimated to register the highest CAGR in the market during the forecast period.

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Europe Mammography Systems Market: Strategic Insights

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Product launches and approvals are commonly adopted strategies by companies to expand their footprint worldwide and meet the growing demand. The players operating in the mammography systems market adopt the expansion, collaboration, and product launch strategies to enlarge customer base across the world. These strategies allow the players to maintain their brand name globally. For instance, in March 2018, Siemens Healthineers received the  FDA approval for its MAMMOMAT Revelation, a mammography platform having an innovative InSpect integrated specimen imaging tool, and new HD Breast Biopsy solution, which allows one-click targeting of suspicious areas. These features expand the application areas of this system in precision medicine, along with improving patient experience.

EUROPEMAMMOGRAPHY SYSTEMS MARKET SEGMENTATION

By Product

• Full field digitalmammography systems

• Breast Tomosynthesis systems
• Analog Systems

By Technology

• 2D Mammography
• 3D Mammography
• Screen Film

By End user

• Hospitals
• Ambulatory SurgicalCenters
• Others

By Country

• Europe
• Germany
• France
• UK
• Italy
• Spain

Company Profiles

• HologicInc
• General Electric Company
• Carestream Health Inc
• Siemens Healthineers AG
• Canon Medical Systems
• Fujifilm Corporation
• IMS GIOTTO S.P.A.
• PLANMED OY
• Koninklijke Philips N.V.
• MetaltronicaS.p.A

Report Scope

Europe Mammography Systems Market Regional Insights

The regional trends and factors influencing the Europe Mammography Systems Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Europe Mammography Systems Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Europe Mammography Systems Market Report Scope

Europe Mammography Systems Market Players Density: Understanding Its Impact on Business Dynamics

The Europe Mammography Systems Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Europe Mammography Systems Market are:

1. HologicInc
2. General Electric Company
3. Carestream Health Inc
4. Siemens Healthineers AG
5. Canon Medical Systems

Disclaimer: The companies listed above are not ranked in any particular order.