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Mammography market to project 10.34% CAGR until 2028
The hospital segment expects notable market share growth within the forecast period.
The global mammography market is expected to grow by $1.41b until 2028 at a compound annual growth rate (CAGR) of 10.34%.
A report by Technavio revealed that one of the key trends fueling the market’s growth is the rising adoption of portable breast cancer screening devices due to an increasing emphasis on early detection.
“Portable mammography units facilitate screening in remote or underserved regions and patients' homes, broadening screening program accessibility,” The report said.
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By end-user, the hospital segment is expected to witness notable market share growth in the upcoming period due to a global increase in cases driving the demand for advanced mammography technologies and services.
Moreover, the segment’s growth will be driven by government initiatives and awareness campaigns emphasising early screening and diagnostics.