Latin America Mammography Market

Latin America Mammography Market Size

The mammography market size in Latin America was valued at USD 146.64 million in 2023. The Latin American market is expected to grow from USD 156.76 million in 2024 to USD 267.33 million by 2032, growing at a CAGR of 6.9% from 2024 to 2032.

Breast cancer remains to be the most common cause of death among women worldwide. The high mortality rate has increased the need for diagnosing patients with breast cancer and resulted in a rising demand for mammography devices. These devices help in the early detection and diagnosis of breast disease among women.

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

Growing incidences of breast cancer, research, and development in breast cancer therapies are major driving the Latin American mammography market. The huge costs related to expensive imaging, stringent government policies, and side effects primarily hamper the growth rate of the Latin American market.

REGIONAL ANALYSIS

The Latin American mammography market is projected to have steady growth during the forecast period. The Brazilian mammography market is estimated to make the top position in the leading majority of the Latin American market shares. The growing prevalence of breast cancer in Brazil is the prime factor driving the market growth. Latin America has around 115,000 new cases of the disease annually, with approximately 50,000 in Brazil. The prevalence of breast cancer is increasing in Brazil due to the rise of hormonally linked factors, like delayed childbearing and lower parity, along with lifestyle risk factors. The increasing cases of breast cancer can create a significant demand for safe and accurate diagnosis of Brazil's disease. Moreover, increasing advanced technology is expected to raise the mammography market's demand, such as digital mammography, which is a specialized and advanced mammography technology that uses digital receptors and computers rather than X-ray films to check breast tissue for the presence of tumors in the body.

KEY MARKET PLAYERS

Companies playing a noteworthy role in the Latin American mammography market include Fujifilm, GE Healthcare, Hologic, Metaltronica, Philips Healthcare, Planmed, Siemens Healthcare, Sonocine, and Toshiba Medical Systems.

MARKET SEGMENTATION

This research report on the Latin American mammography market is segmented and sub-segmented into the following categories

By Product

• 3D mammograms
• Digital
• Analog system
• Film Screens
• Biopsy Systems
• Others

By Technology

• Analog
• Digital
• Breast tomosynthesis

By Application

• Screening
• Diagnostics

By Country

• Brazil
• Mexico
• Argentina
• Chile
• Rest of Latin America