European Mammography Workstations Market Worth $14 million | Increasing Burden of Breast Cancer and Rising Geriatric Population

PUNE, India, 2020-Aug-27 — /EPR Network/ —

The study involved four major activities in estimating the current size of the European mammography workstations market. Exhaustive secondary research was carried out to collect information on the market, its peer markets, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size.

According MarketsandMarkets Research – The European Mammography Workstations Market is estimated to grow at a CAGR of 5.5% to reach USD 14 million by 2024 from USD 10 million in 2018.

Market Estimation Methodology;

A detailed market estimation approach was followed to estimate and validate the size of the market and other dependent sub-markets.

• The key players in the market were identified through detailed market analysis, and their market revenue/ranking was estimated through primary and secondary research
• Annual and quarterly financial reports of the top market players were studied along with interviews from industry experts to gather key insights on various market segments and sub-segments
• All segmental shares, splits, and breakdowns were determined by using secondary data sources and verified through primary respondents
• Major macro indicators that affect market dynamics at the segment and sub-segment level have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to finalize the quantitative and qualitative market estimations
• The above-mentioned data was consolidated and added to detailed inputs and analysis from MarketsandMarkets and presented in this report.

Browse 39 market data Tables and 34 Figures spread through 115 Pages and in-depth TOC | Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=101392240

Diagnostic screening segment to dominate the European mammography workstations market.

On the basis of applications, the European mammography workstations industry is segmented into diagnostic screening, advanced imaging, and clinical review. The diagnostic screening segment accounted for the largest share of the market in 2018, and this trend is expected to continue during the forecast period. This can be attributed to the ongoing market transition from 2D to 3D clinical diagnostics; the market shift from single-modality workstations to multimodality diagnostic imaging; greater integration of key Diagnostic Imaging modalities with PACS, Artificial Intelligence (AI), and cloud-based platforms across mature countries; and the large end-user base for mammography in Europe coupled with their ongoing integration with imaging workstations across key countries.

Major Market Growth Drivers:

• Increasing Burden of Breast Cancer and Rising Geriatric Population
• Increased Market Availability of Multimodality Diagnostic Platforms
• Increasing Patient Awareness About the Clinical Benefits Associated With the Early Disease Diagnosis

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=101392240

Germany accounted for the largest share of the European mammography workstations market in 2018. The large share of Germany is primarily attributed to the better reimbursement scenario in the country as compared to other European countries, wider acceptance of multimodality mammography workstations among major end users (such as hospitals, surgical clinics, and breast care centers), and the rising patient demand for improved cancer screening.

General Electric (US), Siemens (Germany), FUJIFILM Corporation (Japan), Koninklijke Philips N.V. (Netherlands), Hologic Inc. (US), Carestream Health (US), EIZO Corporation (Japan), Agfa-Gevaert Group (Belgium), Barco (Belgium), Konica Minolta, Inc. (Japan), Benetec Advanced Medical Systems (Belgium), PLANMED OY (Finland), Sectra AB (Sweden), Aycan Medical Systems, LLC. (US), and Esaote SPA (Italy) are the major players in the European mammography workstations market.