Vietnam Mammography Devices Market to Grow with Advancing Technology until 2027
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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