Market Trends of India Mammography Industry
This section covers the major market trends shaping the India Mammography Market according to our research experts:
Specialty Clinics are Expected to Witness Steady Growth
The factors responsible for the growth in this segment include the rise in the prevalence of breast cancer cases and the greater use of mammography devices in diagnosing cancer cases. Many strategic initiatives are also being undertaken that can boost the market growth, along with awareness programs conducted by these clinics.
According to the estimates of the International Agency for Research on Cancer 2020, the estimated five-year prevalence rate of breast cancer cases in India was 459,271. Thus, the huge prevalence of breast cancer cases in India is expected to boost the demand for seeking mammography scans that are available in clinics too. This is expected to boost the market growth during the forecast period. Additionally, new breast clinics are being launched in India. For instance, in February 2021, at the Sir HN Foundation Hospital and Research Center, a one-stop breast clinic, was launched that can scan women for potential breast cancer diagnoses. This may boost the demand for mammography devices from such facilities in the long run.
In November 2020, the Aster RV Breast Clinic was launched in India that utilizes advanced diagnostic tests to accurately diagnose and treat all breast-related issues with advanced 2D combined with 3D mammograms, breast ultrasounds, biopsy, and breast MRI. This is likely to boost market growth.
