Market revenue in 2023 | USD 225.7 million |
Market revenue in 2030 | USD 468.3 million |
Growth rate | 11% (CAGR from 2023 to 2030) |
Largest segment | Digital systems |
Fastest growing segment | 3D Systems |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Film Screen Systems, Digital Systems, Analog Systems, 3D Systems |
Key market players worldwide | Hologic Inc, Analog Devices Inc, Canon Inc, FUJIFILM Holdings Corp, Siemens Healthineers AG ADR, Toshiba Corporation, GE HealthCare Technologies Inc Common Stock, Metaltronica, Koninklijke Philips NV, Planmed |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mammography market will help companies and investors design strategic landscapes.
Digital systems was the largest segment with a revenue share of 60.26% in 2024. Horizon Databook has segmented the Latin America mammography market based on film screen systems, digital systems, analog systems, 3d systems covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America market is majorly driven by Brazil, Mexico, and Argentina. These countries exhibit strong potential for overall growth of Latin America mammography market. Countries such as Brazil and Mexico represent great potential to exhibit high revenue growth for new and advanced technology-based mammography devices.
Hence, mammography manufacturers in North America and Europe are seeking to expand their presence in Latin America market. For example, in June 2016, Phillips Healthcare, one of the leading players in mammography market, announced that it is planning to invest more than USD 1.00 billion in different Latin American countries.
Supportive government regulations to commercialize medical devices in the country are also anticipated to boost the market growth. For instance, most of the Latin American countries only require the U.S. FDA or CE Mark approval for filing for medical devices.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America mammography market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America mammography market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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