Global Mammography Workstation Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029

“Global Mammography Workstation Market” is the title of an upcoming report offered by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in to various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global mammography workstation market has been segmented on the basis of modality, application, end-use, as well as regions and countries.

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Overview:

A mammography workstation is a specifically designed open-architecture work area that is used by medical professionals for the purposes of offering a comprehensive end-to-end solution to all digital mammography activities. These workstations allow for both diagnostic workflow and screening support.

Dynamics:

The growing incidence of breast cancer across the world, as well as the various technological innovations in the field of mammography are some of the primary factors that are expected to continue to fuel the revenue growth of the global mammography workstation market over the next 10 years. Moreover, the early detection of breast cancer owing to the presence of advanced mammography diagnostic devices, as well as increasing awareness levels concerning breast cancer among individuals across the world are other primary factors that are slated to impact the market growth of this global industry in the coming years.

The increasing number of new product launches and FDA approval rates, as well as the incorporation of modern tissue density and quality standards are factors that are also slated to compliment the future market growth of this global industry.

In light of the recent COVID-19 outbreak, the operations of numerous industries have been either temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. The global mammography workstation industry is no different, and this factor is expected to negatively impact the revenue growth of this market in the years to come.

Nonetheless, the incorporation of various technological advancements to improve existing comfort and patient care levels, as well as increasing investments by key industry players towards future R&D activities, are other factors that are anticipated to influence the revenue growth of the global mammography workstation market in the foreseeable future.

Segmentation of the global mammography workstation market is as follows:

In terms of modality, the multimodal segment accounted for the maximum number of revenue shares of the global mammography workstation market in 2020, and is expected to index a high CAGR over the next decade. This can be attributed to the high usage of these devices in both breast care centers and hospitals alike. The standalone workstation segment is also slated to index considerable revenue growth in the coming years.

On the basis of application, the diagnosis screening segment accounted for the highest number of revenue shares of the global mammography workstation market in 2020. This can be attributed to the high usage of mammography workstations in diagnostic screening processes. The advanced imaging segment is also anticipated to register considerable revenue growth over the next decade.

With regards to end-use, the hospitals segment accounted for the maximum number of revenue shares of the global mammography workstation market in 2020. However, the breast care centers segment is slated to index the fastest rate of revenue growth over the forecast period.

Regional Segmentation and Analysis:

North America accounted for the highest number of revenue shares of the global mammography workstation market in 2020, and is slated to continue to do so over the forecast period. The markets in the Asia Pacific region are expected to register the fastest CAGR in the coming years, due to booming geriatric populations in this region, as well as increasing awareness levels concerning the early detection of breast cancer.

Segmentation of the Global Mammography Workstation Market:

Segmentation by Modality:

• Multimodal
• Standalone

Segmentation by Application:

• Diagnostic screening
• Advance imaging
• Clinical review

Segmentation by End-Use:

• Hospitals
• Breast care centers
• Academia

Segmentation by Regions:

• North America
• Europe
• APAC
• South America
• MEA