News | July 23, 2014

Europe’s Mammography Systems Market Value to More than Double by 2020

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

Transpara Deep Learning Software Matches Experienced Radiologists in Mammogram Reading
News | Computer-Aided Detection Software | January 12, 2018
Deep learning and artificial intelligence improves the efficiency and accuracy of reading mammograms, according to...
Fat Distribution in Women and Men Provides Clues to Heart Attack Risk
News | Women's Health | January 11, 2018
January 11, 2018 – It’s not the amount of fat in your body but where it is stored that may increase your risk for hea
Women Prefer Getting Mammograms Every Year
News | Mammography | January 09, 2018
Women prefer to get their mammograms every year, instead of every two years, according to a new study presented at the...
Planmed Clarity 2-D Digital Mammography System Receives FDA Approval
Technology | Mammography | January 08, 2018
The U.S. Food and Drug Administration (FDA) issued an approval letter for the Planmed Clarity 2-D full-field digital...
Overweight Women May Need More Frequent Mammograms
News | Mammography | January 04, 2018
Women with higher body mass index (BMI) face an increased risk of not detecting their breast tumor until it has become...
About 25 percent of screening patients and 60 percent of diagnostic patients do not have prior mammograms available for comparison at the time of their examinations due to the lack of interoperability or other restrictions preventing clinicians from accessing prior exams.

About 25 percent of screening patients and 60 percent of diagnostic patients do not have prior mammograms available for comparison at the time of their examinations due to the lack of interoperability or other restrictions preventing clinicians from accessing prior exams.

Feature | Breast Imaging | January 02, 2018 | Kathryn Pearson Peyton, M.D.
Sixty million women undergo regular screening mammography in the United States, but even in the digital age, it is di
Imagio Opto-Acoustic Breast Imaging System Helps Differentiate Tumor Subtypes
News | Oncology Diagnostics | January 02, 2018
Seno Medical Instruments Inc. (Seno Medical) recently reported data from their clinical study demonstrating that its...
Study Finds Link Between Breast Cancer Treatments and Cellular Aging Markers
News | Women's Health | January 02, 2018
January 2, 2018 — A new study found women who had received chemotherapy and/or...
ACR Appropriateness Criteria Adds and Revises Topics for December 2017
News | Clinical Decision Support | December 29, 2017
December 29, 2017 — Radiologists can enhance the quality and effectiveness of care with the newest release of the ACR
Overlay Init