Mammography Equipment Market to Surpass $1.1 Billion by 2015, According to New Report by Global Industry Analysts, Inc

San Jose, California (PRWEB) October 27, 2008 -- Globally, rising awareness about breast cancer has allowed women to come forward for their yearly mammograms after the age of 40 years or earlier, if required. Mammography is recommended as standard screening process for breast cancer globally, resulting in increased adoption of such procedures. A major driving force for the worldwide market for mammography equipment is the fact that one out of every eight women in industrialized countries faces the risk of being affected by breast cancer.

United States and Europe account for about 80% of global volume sales of mammography equipment Technological innovations such as computer-aided detection (CAD) and digital mammography, as well as emerging technologies such as thermal mapping and optical imaging are expected to offer positive growth prospects for the market, as stated in a recent report published by Global Industry Analysts, Inc. Analyzing segment-wise, the Digital mammography equipment market is estimated at US$610 million for 2008. Growth in the segment is driven by numerous technological advantages that ensure improved imaging, rapid scanning, and convenient usage. Although the growth of Full field digital mammography (FFDM) segment in the initial years was almost negligible, the outlook is changing due to proven usage in screening procedures. In the United States, Full field digital mammography market is projected to reach US$677 million by 2015.

source: PR Web