Market Trends of Asia Pacific Portable X-Ray Devices Industry
Mammography Segment is Expected to Grow With a Significant CAGR Over the Forecast Period of the Study
Mammography refers to a standard diagnostic and screening technique used to screen breast tissues to check the presence of a malignant tumor. The process involves the usage of low-energy X-rays for the early detection of breast cancer. The rising prevalence of breast cancer cases and the increasing technological advancements in mammography are expected to boost segment growth.
For instance, according to the data updated by Cancer Australia in January 2023, it was estimated that 20,640 new cases of breast cancer would be diagnosed in Australia in 2022, out of which 212 would be males and 20,428 females. The source also stated that it was estimated that a person had a 1 in 15 (or 6.7%) risk of being diagnosed with breast cancer by the age of 85 in 2022 in Australia. Thus, the high prevalence of breast cancer in Australia is expected to boost the adoption of mammography, which will drive the growth of the segment.
Furthermore, according to the bi-annual report published by the Indian Council of Medical Research (ICMR) in December 2022, the national average of cancer cases for 2022 in India was 100.4 per 100,000, with a large number of women (an estimated 105.4 per 100,000) being diagnosed with breast cancer. The source also stated an estimated 182,000 people were living with breast cancer in India in 2022, and this is expected to reach 250,000 by 2030. Thus, due to the high burden of breast cancer in the country, the demand for mammography procedures is expected to increase, which will drive the growth of the studied segment.
Moreover, the launch of technologically advanced products in the market is also boosting the segment's growth. For instance, in October 2022, GenWorks launched Braster Pro for breast cancer screening in India, and it has been shown that combining Braster with other screening devices like mammography can increase efficiency by up to 9%. Such launches of advanced products are expected to propel the growth of the market segment.
Thus, the above-mentioned factors, such as the increasing advantages of digital mammography and the rising prevalence of breast cancer, are expected to boost the segment growth.
Japan is Expected to Hold a Significant Share of The Market Over the Forecast Period of the Study
The major factors driving the growth of the market in Japan are the increasing prevalence of X-ray diagnosis for screening diseases such as breast cancer and lung cancer, the increasing launch of technologically advanced products, the rising geriatric population, and the growing research and development regarding various diseases in the country.
For instance, according to the data published by National Cancer Center Japan in June 2022, an estimated 1,019,000 new cases of cancer are expected in Japan in 2022, out of which 95,000 new cases of breast cancer are expected. Thus, the high burden of breast cancer in the country is expected to boost the usage of X-ray devices such as mammography during the forecast period of the study.
Furthermore, according to the data published by the International Osteoporosis Foundation (IOF) in June 2022, it was estimated that 13 million people were living with osteoporosis in Japan in 2022. This bone disorder results in painful and disabling fragility fractures, often leading to long-term loss of mobility and independence in older adults, and it can be diagnosed by X-ray imaging procedures. Thus, the high prevalence of osteoporosis in Japan is also expected to boost segment growth.
Moreover, the developments by market players in Japan are also expected to enhance market growth. For instance, in November 2022, Canon Inc. installed a domestically produced X-ray CT system, which had a photon-counting detector system, at the National Cancer Center of Japan Exploratory Oncology Research & Clinical Trial Center.
Hence, the aforementioned factors, such as the rising prevalence of X-ray diagnosis-requiring diseases in Japan, are expected to boost the market growth.
