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South and Central America Mammography Systems Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product, Technology, End-User, and Country

South and Central America Mammography Systems Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product, Technology, End-User, and Country

  • November 2020
  • 107 pages
  • ID: 5999813
  • Format: PDF
  • The Insight Partners
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The South and Central America mammography systems market is expected to reach US$ 310.82 million by 2027 from US$ 199.28 million in 2019; it is estimated to grow at a CAGR of 5.9% from 2020 to 2027. The growth of the market is attributed to the factors such as improvements in infrastructure and service quality of the healthcare sector, and higher rates of breast cancer among women. However, the scarcity of health infrastructure in developing countries limits the growth of the market.
Mammography systems are specific x-ray imaging systems that are mainly used for breast imaging.The systems are used for the early detection and analysis of breast cancer.

The mammography technique can help avoid unnecessary biopsies and additional tests.The systems also provide clear images of breast abnormalities.

With increased awareness regarding breast cancer, various breast screening programs are emerging, which are contributing to reduction in the rate of mortality caused by this disease.
In the last few years, there has been an increase in investments for research activities focused on the early detection of breast cancer.The healthcare sector in Argentina is strengthening its human resources with highly skilled professionals.

The country offers high-quality health services, which are considered among the best in Latin America.Hospitals and clinics in Buenos Aires, Córdoba, and Mendoza, among others, have advanced infrastructure with competent medical staff.

Further, several research studies on breast cancer are being conducted in Brazil.For instance, “Locally advanced breast cancer in Brazil: current status and future perspectives” was published in January 2019.

Similarly, “Ethnoracial and social trends in breast cancer staging at diagnosis in Brazil, 2001–14” was conducted in Brazil and published in June 2019. Thus, increasing research studies on breast cancer screening and the growing prevalence of breast cancer are supporting the market growth in Brazil. Thus, improvement in the quality of the healthcare sector provides growth impetus to the mammography systems market in South and Central America.
The COVID-19 pandemic is the current biggest challenge to South and Central America.Due to less developed economies, majority of the countries—including Brazil, Argentina, and Peru—are dependent on other countries, especially the developed countries, for the supply of medical devices and diagnostic equipment.

Moreover, the number of COVID-19 cases in these countries has grown significantly.For instance, Brazil has reported 30,168 cases and 682 deaths till 1st October 2020.

Lockdowns and business shutdowns imposed by country governments to control the spread of this infection are hampering the supply chain of mammography systems in this region. Moreover, the efforts of healthcare facilities in the region are more focused on management of this outbreak, including diagnosis and therapeutics, which is leading to drastic reduction in the number of breast examinations.
Based on product, the South and Central America mammography systems market is segmented into full-field digital mammography systems, breast tomosynthesis systems, and analog systems.The full-field digital mammography systems segment accounted for the largest market share in 2019.

However, the market for breast tomosynthesis systems is anticipated to grow at the highest CAGR during 2020–2027.
Based on technology, the South and Central America mammography systems market is segmented into screen film, 2D mammography, and 3D mammography. The 2D mammography technology held the largest share of the market in 2019, and it is anticipated to register the highest CAGR during the forecast period.
Based on end user, the South and Central America mammography systems market is segmented into hospitals, ambulatory surgical centers, and others. The hospital segment held the largest share of the market in 2019 and is further estimated to register the highest CAGR during 2020–2027.
A few of the major primary and secondary sources referred to while preparing this report on the South and Central America mammography systems market are Globocan, United Nations Development Program, and Brazilian National Cancer.

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