Technological advancements in medical sector are driving the growth of the Vietnam Mammography Devices Market, in the forecast period, 2023-2027F.
According to TechSci report on, “Vietnam Mammography Devices Market – By Region, Competition Forecast & Opportunities, 2027”, Vietnam mammography devices market is anticipated to grow with an impressive CAGR in the forecast period, 2023-2027 on the account of increasing instances of breast cancer in the country among female population. Growing population of the country and increasing instances of breast cancer in male population is further driving the growth of the Vietnam mammography devices market in the upcoming five years.
Healthcare expansion due to increasing investments in the healthcare industry, infrastructure, and medical devices is also anticipated to support market growth. The government of Vietnam actively supports the healthcare sector, through favorable schemes, and financial aids and inviting international bodies for investment in the healthcare industry, that is also anticipated to support the growth of the Vietnam mammography devices market in the next five years.
Higher prevalence of breast cancer, and thus caused death among female population, when diagnosed later or due to lack of diagnosis is also responsible for the market growth. The population in the country is usually elder population. Increasing geriatric population is highly susceptible to chronic diseases and increasing instances of genetic disorders and environmental factor are aiding to the rising number of breast cancer patient and thus further substantiating the growth of the Vietnam mammography devices market in the future five years.
Rising patient awareness about the delayed diagnosis of cancer, increasing chances of cancer, genetic diseases, and benefits of diagnosing cancer at an early stage enhancing the chances of treatment has increased the demands for regular checkups of cancer cell presence in the mammary glands. Increasing diagnostic tests are further aiding the growth of the Vietnam mammography devices market in the forecast years, until 2027.
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The Vietnam mammography devices market is segmented by product type, technology, end user, competitional landscape, and regional distribution. Based on product type, the market is further segmented into full-field digital mammography, film-screen mammography, and breast tomosynthesis.
Full field digital mammography is also known as digital mammography in simpler terms. It is a system where instead of x ray films solid states mammogram detectors are placed. These detectors convert x rays into electrical signals that are later utilized to create images on the computer screen and analyzed for the abnormalities.
Film screen mammography is the traditional technology that utilizes the x ray imaging technique and observes the image thus created on a x ray film screen. Regular advancement in the process leads to technological advancement in the future technology. Breast tomosynthesis is a 3D mammography and digital breast tomosynthesis is an advanced form of breast imaging that utilizes low dose of x ray and computer reconstruction to create 3 D images of breasts.
Technology based market segment is further differentiated between digital and analog. Digital technologies are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the grounds of advancing technologies and their imports from through multinational global giants. Higher demands for technologically advanced products to satisfy the demands for early diagnosis of the breast’s cancer.
A partial list of major market players of the Vietnam mammography devices market includes:
· Siemens Healthineers Vietnam
· GE Healthcare Vietnam
· Philips Healthcare Vietnam
· Canon Medical Systems Vietnam
· Carestream Health Vietnam
· Fujifilm Vietnam
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“Hospitals & clinics are anticipated to hold the largest revenue shares of the market due to increasing demand for the early diagnosis of the breast cancer and increasing female population of the country. Increasing patient burden is also responsible for the growth of the segment in the upcoming five years. Moreover, regular patient visits when they are suffering from advanced cancer conditions are also aiding to the growth of the sub segment along with the growth of the Vietnam mammography devices market in the next five years. Diagnostic centers are also anticipated to hold significant shares due to surging demands for decreasing the patient burden on the hospitals. The government is also actively supporting the healthcare infrastructure through investments and government schemes. New market players may invest financially in technological advancement and modern product manufacturing to support their brand establishment,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Vietnam Mammography Devices Market By Product Type (Full-Field Digital Mammography, Film-Screen Mammogram, Breast Tomosynthesis), By Technology (Digital v/s Analog), By End User (Hospitals & Clinics, Diagnostic Centers, Others), By Region, Competition Forecast & Opportunities, 2027” has evaluated the future growth potential of Vietnam mammography devices market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Vietnam mammography devices market.
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