Latin America market for Mammography Market Share, Size, Forecast and Trends by 2021

Latin America market for Mammography market is currently worth USD 114 million and is expected to reach USD 159 Million by the end of 2021 growing at a CAGR of 6.9%. Breast cancer remains to be the common cause of deaths among women worldwide. The high mortality rate has increased need for diagnosing the patients for breast cancer and resulted in a rising demand for mammography devices. These devices help in the early detention and diagnosis of breast disease among women.

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Mammography is a standard technique used in screening the breast for the presence of malignant tissues. Low dose X-rays are used to get a detailed imaging of the inside of breast and aids in early detention of breast cancer. Screening mammography are routinely administered among women who doesn’t have any apparent symptoms. Diagnostic mammography are administered if there a lump or any other kind of symptoms that are suspicious. It is also used for evaluating the changes which are found through screening mammography.

The driving factors for the mammography market include rising prevalence of cancer, technological innovations in the breast imaging, rising aging population and rising awareness among individuals propelling the early breast screening. However, the market is hampered by the huge costs that are associated with the expensive imaging, stringent regulatory bodies and side effects associated with these devices.

Latin America market for Mammography is segmented on the basis of technology, products and application. Based on the type of product, the market is classifies as analog systems, biopsy, 3D mammography, film screens, digital systems and others. Based on technology, the market is divided into digital, breast tomosynthesis and analog mammography. On the basis of application, the market is divided into diagnostic and screening. Asia-Pacific region, which is the fastest growing market for mammography is geographically segmented into Brazil, Mexico and Argentina.

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The major companies in the mammography market includes Hologic Inc., Fujifilm, Siemens Healthcare, Metaltronica, Philips Healthcare, GE Healthcare, Sonocine Inc., Toshiba Medical Systems and Planmed.

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