Market Trends of United States Mammography Industry
This section covers the major market trends shaping the US Mammography Market according to our research experts:
Digital Systems are Expected to Hold Significant Share in Product Type Segment
In digital mammography, the X-ray film is replaced by solid-state detectors, which convert X-rays into electrical signals, and these electrical signals are used to produce images of breasts. Digital system mammography is highly preferred in hospitals, specialty clinics, and diagnostic centers in the country. These are advanced forms of mammography in which digital receptors and computers are being used to examine the presence of tumors in breast tissues instead of X-ray films. Digital mammography is also quicker for the patient since no film images need to be developed, and radiologists can further optimize images using computers to detect micro-calcifications that might be missed on traditional film mammograms.
According to the data from Breast Cancer Foundation 2021 estimates, the amount funded for breast cancer research is USD 47.5 million for the year 2021-2022 which is only from the Breast Cancer Foundation. In addition, for the year 2020, around USD 768 was invested by all the National Institutes of Health (NIH) in the country for breast cancer. The growing funding for breast cancer increases the research and development of digital breast cancer screening methods in the country, boosting the segment growth. Furthermore, Medicare also covers newer digital mammograms, boosting the increasing usage of these advanced screening methods and boosting the segment growth.
Hence, owing to the aforementioned factors, the digital systems segment is expected to witness significant growth in future
