Market Size of Asia-Pacific Mammography Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 521.17 Million |
Market Size (2029) | USD 834.41 Million |
CAGR (2024 - 2029) | 9.87 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Asia-Pacific Mammography Market Analysis
The Asia-Pacific Mammography Market size is estimated at USD 521.17 million in 2024, and is expected to reach USD 834.41 million by 2029, growing at a CAGR of 9.87% during the forecast period (2024-2029).
The major factors contributing to the growth of the Asia-Pacific mammography market are the rising incidence of breast cancer, large R&D investment in breast cancer therapies, and advances in breast imaging modalities. In most Asian countries, breast cancer is the most common cancer. Incidence rates increase at a faster rate than in Western countries due to lifestyle and dietary changes. The Center for Disease Control (CDC) reports breast cancer to be one of the most common cancers among women, irrespective of race or ethnicity. The rising prevalence of breast cancer and the growing healthcare infrastructure in the region is expected to drive the overall growth. As per the GLOBOCAN 2018, the estimated age-standardized incidence rate of breast cancer in Asia is 34.4 per 100,00. The other factors helping the growth of the mammography market are the rapid increase in population.