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 | RSNA 2025

Nov. 3, 2025 — QT Imaging Holdings has announced that its chief medical officer, Elaine luanow, MD, will host a seminar ...

Time November 04, 2025
arrow
News | Breast Imaging

Oct. 28, 2025 — QT Imaging Holdings, Inc., a medical device company focused on radiation-free imaging technology, has ...

Time October 28, 2025
arrow
Feature | Breast Imaging

Despite decades of progress in breast imaging, one challenge continues to test even the most skilled radiologists ...

Time October 24, 2025
arrow
News | Breast Imaging

Oct. 15, 2025 — Leading into Breast Cancer Awareness Month, Fujifilm Healthcare Americas Corp. and Beekley Medical ...

Time October 15, 2025
arrow
News | Breast Imaging

Oct. 3, 2025 — Gnosis for Her, a mobile breast health initiative redefining comfort and access in women's breast imaging ...

Time October 06, 2025
arrow
News | Mammography | Mayo Clinic

Early detection is key to breast cancer survival. But nearly half of all women in the U.S. have dense breast tissue ...

Time October 03, 2025
arrow
News | Mammography

Sept. 26, 2025 — Data from two groundbreaking studies evaluating the performance of Hologic’s artificial intelligence ...

Time October 02, 2025
arrow
News | PACS

Sept. 25, 2025 — RamSoft Inc., a provider of cloud-based RIS/PACS radiology solutions, has announced a new ...

Time September 26, 2025
arrow
News | Radiopharmaceuticals and Tracers

Sept. 20, 2025 — A promising new PET tracer can visualize a protein that is commonly overexpressed in triple-negative ...

Time September 18, 2025
arrow
News | Women's Health

Sept. 15, 2025 — GE HealthCare has launched the Voluson Performance series, the latest addition to its women’s health ...

Time September 15, 2025
arrow
Subscribe Now