The global mammography workstation market size was valued at USD 116.2 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 7.0% from 2020 to 2027. The increasing incidence of breast cancer and technological advancement in the field of mammography are the factors driving the market growth. Breast cancer is the most common form of cancer in women. According to the WHO, there were more than 0.6 million women dying from breast cancer in 2018, accounting for approximately 15% of all cancer deaths. Moreover, increasing awareness about breast cancer and early detection of disease due to the availability of advanced mammography diagnostic devices are also driving the market for mammography workstations. According to Breast Cancer Surveillance Consortium, breast cancer detection due to mammography rose to 34.7 per 100 examinations.
Application Insights
The diagnosis screening segment dominated the market for mammography workstations and accounted for the largest revenue share of around 39.0% in 2019. The high market share of this segment is primarily due to the high usage of mammography workstations in diagnostic screening. Diagnostic screening is performed on asymptomatic women to identify breast cancer at an early curable stage. Furthermore, an increasing number of breast screening programs is boosting the market growth. For instance, BreastScreen Australia is a national breast cancer screening program that invites women aged more than 50 years for a free mammography every two years.
The advance imaging segment is expected to grow at a lucrative growth rate during the forecast period. The high growth rate of the segment is primarily attributed to the high adoption of these devices and innovative product launches. For instance, in November 2019, Candelis, Inc launched an advanced breast imaging workstation. The device provides support for 3D breast ultrasound images and it is acquired by Hitachi, Siemens Acuson ABVS, GE Invenia ABUS, and iVu Sophia with a diagnostic tool for interpretation and reading.
End-use Insights
The hospitals segment dominated the market for mammography workstations and accounted for the largest revenue share of 42.4% in 2019. This is owing to the rising number of breast screenings and technological advancements in the field of mammography workstation. Moreover, increasing healthcare funding and various government reforms are also driving the growth of the segment. Many OECD countries have adopted a breast cancer screening program using tools such as mammography workstation. Thus, the aforementioned factors are contributing to segment growth.
The breast care center segment is anticipated to grow at the fastest pace during the forecast period. The key driver of the segment is the rising awareness about breast care centers and increasing breast centers network. These centers provide complete diagnostic and preventive health services. For instance, the Breast Centers Network is the first international network of clinical centers dedicated to the treatment and diagnosis of breast cancer. This is the project of the European School of Oncology to improve and promote breast cancer care in the world.
Modality Insights
The multimodal segment dominated the market for mammography workstations and accounted for a revenue share of 61.2% in 2019. The high market share of the segment is primarily due to the high usage of these devices in hospitals and breast care centers. The multimodality workstation provides a high-resolution display and has the ability to compare two-dimensional display and tomosynthesis images. Furthermore, these workstations provide customization for reading personalized configuration and protocols.
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