South and Central America Mammography Systems Market Share and Forecast by 2027

In the South & Central America, the mammography systems market is expected to reach US$ 310.82 million in 2027 from US$ 199.28 million in 2019; the market is estimated to grow at a CAGR of 5.9% from 2020 to 2027.

Mammography systems are specific type of x-ray imaging systems which are mainly 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.

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

Market Insights

Increased Market Players and Partnerships

The increased number of market players in this market, as well as the rising number of partnerships and collaborations, are creating lucrative opportunities for the growth of this market. For instance, in march 2018, Royal Philips and Hologic, Inc. entered into a global partnership agreement to offer integrated solutions, including diagnostic imaging modalities for screening, diagnosis, and treatment of women worldwide. The collaboration combines Hologic's innovative mammography technologies and Philips's leading portfolio of ultrasound, MRI, CT, and X-ray systems, advanced informatics, and a broad range of services. Additionally, Hologic, Inc. partnered with Tromp Medical, Hologic’s distributor in the Netherlands, to provide mammography systems for the Dutch Breast Cancer Screening Program. Under this, the company’s 3 Dimensional mammography systems have been installed in mobile and stationary screening facilities across the country.

Product- Based Market Insights

Based on product,the mammography 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 South & Central America mammography systems market in 2019.However, the breast tomosynthesis systems segment is anticipated to register the highest CAGR in the market during the forecast period.

South & Central America Mammography Systems Market, by Product – 2019 and 2027

Technology - Based Market Insights

Based on technology, the mammography systems marketis segmented into screen film, 2D mammography, and 3D mammography. The 2D mammography technology segment held the largest share of the market in 2019. Also, the 2D 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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South and Central America Mammography Systems Market: Strategic Insights

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 November 2019, GE Healthcare introduced Serena Bright, the healthcare industry’s first contrast-enhanced mammography solution for biopsy. This new mammography-guided biopsy technique offers an alternative to MR-guided breast biopsy, which can improve the patient experience and allow faster diagnosis capabilities.

SOUTH & CENTRAL AMERICAMAMMOGRAPHY SYSTEMS MARKET SEGMENTATION

By Product

• Full field digital mammography systems

• Breast Tomosynthesis systems
• Analog Systems

By Technology

• 2D Mammography
• 3D Mammography
• Screen Film

By End user

• Hospitals
• Ambulatory SurgicalCenters
• Others

By Country

South & Central America

• Brazil
• Argentina

Company Profiles

• PLANMED OY
• Koninklijke Philips N.V.
• General Electric Company
• Carestream Health Inc
• Siemens Healthineers AG
• Canon Medical Systems
• HologicInc

South and Central America Mammography Systems Market Report Scope

South and Central America Mammography Systems Market Players Density: Understanding Its Impact on Business Dynamics

The South and Central America 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.