Market Size of Canada Mammography Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.06 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Canada Mammography Market Analysis
The Canadian mammography market size is estimated at USD 89.24 million in the current year. The market size is expected to reach USD 131.48 million in 5 years registering a CAGR of 8.06% during the forecast period.
COVID-19 has had a major impact on breastcare practices. As per the study published in Preventive Medicine in June 2021, the volume of cancer screening decreased by 40% in Canada during the initial pandemic as screening mammography was restricted and even momentarily stopped after lockdowns were introduced in some provinces of Canada. This created a backlog that might take more than a year to clear. When elective activities resumed, the government planned to prioritize patients based on clinical urgency, which further delayed the screening procedures. During the post-pandemic, breast screening has increased significantly to clear the backlog cases, and the market has reached the pre-pandemic level in the current year.
The factors driving the market growth include the rising burden of breast cancers, technological advancements in the field of breast imaging, and the key initiatives adopted by the market players in Canada.
The high incidence of breast cancer cases in Canada is anticipated to drive market growth. According to the Canadian Cancer Society, in May 2022, 28,600 Canadian women were diagnosed with breast cancer, accounting for 25% of all new cancer cases in women in 2022. Such a huge incidence of breast cancer in Canada is anticipated to increase breast cancer screenings in the country, driving the market growth. The rising initiatives from the key market players and the growing adoption of advanced mammography devices with innovative technologies also fuel the growth. For instance, in November 2021, Volpara Health and leading mammography education provider Mammography Educators, LLC, expanded their collaboration to deliver personalized, hands-on training to improve mammography quality at facilities across the United States and Canada.
Hence, owing to the above-mentioned factors, the market studied is expected to grow strongly over the forecast period.
