Market Size of Germany Mammography Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 126.65 Million |
Market Size (2029) | USD 193.62 Million |
CAGR (2024 - 2029) | 8.86 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Germany Mammography Market Analysis
The Germany Mammography Market size is estimated at USD 126.65 million in 2024, and is expected to reach USD 193.62 million by 2029, growing at a CAGR of 8.86% during the forecast period (2024-2029).
The COVID pandemic had an adverse effect on market growth. Germany stopped all elective studies and treatments aimed at patients with advanced tumors as a result of COVID-19. In addition, a research letter from 2021 titled "Documented New Cases of Cancer in the Clinical Cancer Registries of the German State of Saxony during the COVID-19 Pandemic" noted that an evaluation of the anticipated and actual reports of new cancer cases revealed a notable decline during the lockdown period that began in March 2020. According to the study, there were almost 9% fewer incidences of breast cancer reported. Fewer doctor visits, a decline in statutory health insurance-funded services, fewer diagnostic referrals as examinations were delayed, and a reduction in the scope of skin cancer, colonoscopy, and mammography screenings provided after the nationwide lockdown were some of the causes of this decline in the documentation. Although there was a backlog of roughly a year's worth of mammography procedures, breast cancer screening techniques resumed to a greater extent in 2021, with clinics, diagnostic centers, and mobile units operating across the nation. The country experienced a number of difficulties with breast screening as a result of the aforementioned issues, but it is anticipated that the market will rebound.
Factors such as the technological advancements in breast imaging, and the investment from various organizations in breast cancer screening campaigns are driving the market. In Germany, the incidence of breast cancer is rising significantly. In Germany, the five-year prevalence of breast cancer was 299,702 in 2020, according to data from the International Agency for Research on Cancer. As a result, the nation's high breast cancer prevalence is anticipated to raise the demand for mammography, prompting individuals to visit clinics for screening. The market is anticipated to grow as a result. Initiatives by key market players are another factor in market growth. In January 2021, SOMATEX Medical Technology GmbH, a pioneer in biopsy site markers and localization technologies, was purchased by Hologic Inc. E-Med Solutions GmbH, Berlin, a consortium of investors led by the German private equity firm Westlake Partners, previously owned the business. Similarly, in January 2021, GE Healthcare ordered mobile mammography equipment from Toutenkamion Group for one of its clients, a private radiology clinic in Germany. Thus, the abovementioned factors are expected to increase the market growth.
However, the risk of adverse effects from radiation exposure, and reduction in reimbursement are expected to hinder the market growth.
Germany 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. Germany Mammography Market is Segmented by Product Type (Digital Systems, Analog Systems, Breast Tomosynthesis, and Other Product Types), End User (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 |
Germany Mammography Market Size Summary
The Germany mammography market is poised for significant growth over the forecast period, driven by technological advancements in breast imaging and increased investment in breast cancer screening campaigns. Despite the initial setbacks caused by the COVID-19 pandemic, which led to a temporary decline in breast cancer screenings, the market is expected to recover as screening techniques have resumed. The rising incidence of breast cancer in Germany is a key factor propelling the demand for mammography, as more individuals seek screenings at clinics. The presence of a robust healthcare infrastructure, coupled with strategic initiatives by major market players, further supports the market's expansion. Companies like SOMATEX Medical Technology GmbH and GE Healthcare are actively enhancing their offerings, which is anticipated to bolster market growth.
However, the market's growth trajectory may be challenged by concerns over radiation exposure and changes in reimbursement policies. Despite these challenges, the market remains moderately competitive, with major players such as Canon Inc., GE Healthcare, Fujifilm Holdings Corporation, Siemens Healthineers AG, and Koninklijke Philips NV leading the charge. Innovations like Siemens Healthineers' Mammovista B.smart software and Fujifilm's AMULET Innovality system are expected to enhance diagnostic capabilities and streamline mammography processes, contributing to market growth. The combination of these factors, along with the increasing prevalence of breast cancer, positions the Germany mammography market for continued expansion in the coming years.
Germany 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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1.2.3 Investment from Various Organizations in Breast Cancer Screening Campaigns
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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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1.3.2 Reduction in Reimbursement
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1.4 Porter's Five Force 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 (Market Size by Value - USD million)
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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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Germany Mammography Market Size FAQs
How big is the Germany Mammography Market?
The Germany Mammography Market size is expected to reach USD 126.65 million in 2024 and grow at a CAGR of 8.86% to reach USD 193.62 million by 2029.
What is the current Germany Mammography Market size?
In 2024, the Germany Mammography Market size is expected to reach USD 126.65 million.