News | July 23, 2014

GBI Research study looks at mammography systems in five major markets


July 23, 2014 — Europe’s mammography systems market revenue will more than double from approximately $155 million in 2013 to an estimated $423 million by 2020, at a compound annual growth rate (CAGR) of 15 percent, according to new analysis from business intelligence provider GBI Research.

The company’s latest report states that this increase, which will occur across five major markets (Germany, the UK, France, Spain and Italy), will retain the same 15 percent CAGR witnessed by Europe’s mammography systems market over the past seven years, when it grew from $59 million in 2006 to just under $155 million in 2013.

GBI Research forecasts sustained expansion for Europe’s mammography systems market, despite the phasing out of film-screen mammography (FSM) systems in 2011, in favor of more advanced full field digital mammography (FFDM) systems, which are available in 2-D and 3-D.

The 2-D FFDM systems market was valued at just under $123 million in 2013 and is forecast to exceed $242 million by 2020, at a CAGR of 10 percent. The 3-D FFDM systems market will grow more rapidly, from just over $32 million in 2013 to almost $181 million by 2020, at a CAGR of 28 percent, according to the report.

Germany will witness the largest total growth in the mammography systems market among the five major markets, expanding from $48 million in 2013 to $140 million by 2020, at a CAGR of 16 percent. The fastest growth will occur in Spain, with the market value rising at a CAGR of 19 percent, from just under $19 million in 2013 to almost $64 million by 2020, according to GBI Research.

For more information: www.gbiresearch.com


Related Content

News | Breast Imaging | Washington University

Jan. 22, 2026 — In breast cancer, a biopsy is the only diagnostic procedure that can determine if a suspicious lump or ...

Time January 29, 2026
arrow
News | Radiation Oncology

Jan. 27, 2026 — Researchers at the Icahn School of Medicine at Mount Sinai, in collaboration with other leading ...

Time January 29, 2026
arrow
News | Mammography

Jan. 16, 2026 — Vega Imaging Informatics has announced the successful curation of the world’s largest digital breast ...

Time January 19, 2026
arrow
News | Breast Imaging

Jan. 14, 2026 — VizMark has received U.S. Food and Drug Administration FDA 510k clearance for VM1, a non-metal visual ...

Time January 19, 2026
arrow
News | Breast Imaging

Jan. 14, 2026 — Susan G. Komen, the world’s leading breast cancer organization commends Assemblymember Lori Wilson (D ...

Time January 16, 2026
arrow
News | Breast Imaging

Jan. 14, 2026 — iSono Health has announced the commercial launch of ATUSA, an FDA-cleared, wearable and automated 3D ...

Time January 14, 2026
arrow
News | Women's Health

Dec. 12. 2025 — A new study has found that an individualized approach to breast cancer screening that assesses patients’ ...

Time December 17, 2025
arrow
News | Breast Imaging

Dec. 16, 2025 — Hologic, Inc, a medical technology company dedicated to improving women’s health, recently announced new ...

Time December 16, 2025
arrow
News | FDA

Dec. 8, 2025 — Lunit, a provider of AI for cancer diagnostics and precision oncology, has submitted a 510(k) premarket ...

Time December 08, 2025
arrow
News | Breast Imaging

Dec. 01, 2025 — DeepHealth, a wholly owned subsidiary of RadNet, Inc., has launched the DeepHealth Breast Suite,2 an end ...

Time December 04, 2025
arrow
Subscribe Now