Market Size of Australia Mammography Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 69.28 Million |
Market Size (2029) | USD 107.93 Million |
CAGR (2024 - 2029) | 9.27 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Australia Mammography Market Analysis
The Australia Mammography Market size is estimated at USD 69.28 million in 2024, and is expected to reach USD 107.93 million by 2029, growing at a CAGR of 9.27% during the forecast period (2024-2029).
COVID-19 has affected the market studied in Australia significantly. As per the data published in December 2020 by the Australian Institute of Health and Welfare (AIHW), during the first wave of coronavirus infection, screening procedures were postponed in the country. Because of the suspension of breast screening services from March 2020, the cancer screening tests plummeted in the country. However, post lifting the nationwide lockdown in late April and early May 2020, breast screening procedures were recommenced with precautionary measures and longer appointments. On the other hand, the restarting of services was majorly impacted by several jurisdictional infection control guidelines and social distancing requirements. This practice further delayed the rescheduling of appointments for mammograms in women. Considering the urgency of cancer screening tests, the Australian government significantly undertook measures for resuming the procedures to pre-pandemic levels. The alarming decline in the number of breast screenings from January to June forced the healthcare authorities To consider mammograms as important as other healthcare practices. Thus, several breast screening services remained open during the second wave of the pandemic across Victoria. As a result, the breast screening procedures saw an upsurge from July 2020, which may impact the market growth in coming years.
The major factors affecting the growth of the market include the rising incidence of breast cancer, huge R&D in breast cancer therapies, and advances in breast imaging modalities. In August 2021, the National Breast Cancer Foundation (NBCF) and the University of Sydney announced that they would co-invest AUD 5 million in the first 10-Year Chair in Breast Cancer Prevention organized by NBCF. The major focus of the investment would be planning to implement a large-scale breast screening trial using 3D mammography. There is a surge in informative programs and initiatives undertaken by numerous organizations within the country to promote breast cancer awareness among Australian women, and collaborative efforts by the government and non-profit organizations to reduce the breast cancer burden on society. For instance, every October, the 'Not In My Family' mass media campaign is launched by BreastScreen NSW (New South Wales, Australia). The major focus of the campaign is to increase breast screening participation rates in New South Wales (NSW), Australia. Breast cancer management strategies in the country involve contributions from a wide range of government, non-governmental organizations (NGOs), and private institutions.
Therefore, with the above-mentioned factors, the mammography market in Australia is expected to witness strong growth over the forecast period.
Australia Mammography Industry Segmentation
As per the scope of the report, mammography refers to a standard diagnostic and screening technique that is used to screen breast tissues to check the presence of a malignant tumor. The process involves the usage of low-energy X-rays for the early detection of breast cancer. Australia Mammography Market is segmented by Product Type (Digital Systems, Analog Systems, Breast Tomosynthesis, and Other Product Types), End Users (Hospitals, Specialty Clinics, and Diagnostic Centers). The report offers the value (in USD million) for the above segments.
By Product Type | |
Digital Systems | |
Analog Systems | |
Breast Tomosynthesis | |
Other Product Types |
By End User | |
Hospitals | |
Specialty Clinics | |
Diagnostic Centers |
Australia Mammography Market Size Summary
The Australian mammography market is poised for significant growth over the forecast period, driven by an increasing incidence of breast cancer and advancements in breast imaging technologies. The market has shown resilience despite the challenges posed by the COVID-19 pandemic, which initially led to a decline in screening procedures due to lockdowns and infection control measures. However, the resumption of services and government initiatives to prioritize cancer screenings have helped to recover and boost the market. The collaboration between government bodies, non-profit organizations, and research institutions has been pivotal in promoting breast cancer awareness and implementing large-scale screening trials, such as those involving 3D mammography. These efforts, coupled with substantial investments in healthcare and research, are expected to propel the market forward.
The market landscape is characterized by moderate consolidation, with key players focusing on technological innovations and strategic partnerships to enhance diagnostic capabilities. Developments such as regulatory approvals and the introduction of advanced AI-driven solutions like Kheiron's Mia are indicative of the dynamic nature of the market. Government funding and initiatives aimed at women's health further support market expansion, with significant financial commitments directed towards breast cancer and reproductive health. As Australia continues to leverage its advanced healthcare system and increase awareness programs, the mammography market is anticipated to experience steady growth, supported by both public and private sector contributions.
Australia Mammography Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Growing Burden of Breast Cancer
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1.2.2 Technological Advancements in the Field of Breast Imaging
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1.3 Market Restraints
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1.3.1 Risk of Adverse Effects from Radiation Exposure
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Digital Systems
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2.1.2 Analog Systems
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2.1.3 Breast Tomosynthesis
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2.1.4 Other Product Types
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2.2 By End User
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2.2.1 Hospitals
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2.2.2 Specialty Clinics
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2.2.3 Diagnostic Centers
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Australia Mammography Market Size FAQs
How big is the Australia Mammography Market?
The Australia Mammography Market size is expected to reach USD 69.28 million in 2024 and grow at a CAGR of 9.27% to reach USD 107.93 million by 2029.
What is the current Australia Mammography Market size?
In 2024, the Australia Mammography Market size is expected to reach USD 69.28 million.