India's mammo market projected to skyrocket by 22%

The x-ray market in India, valued at $56.3 million in 2010, is forecasted to reach $94.5 million in 2017, with a compound annual growth rate (CAGR) of 8 percent. Meanwhile, the Indian mammography market is projected to grow 22 percent in the same time period, according to the "India X-Ray Systems and Mammography Market Briefing to 2017," published by GlobalData.

The Indian mammography equipment market was valued at $1.7 million in 2003 and has grown at a CAGR of 21 percent to reach $6.5 million in 2010. Film-screen mammography occupied the major market share with a contribution of 94 percent of total revenues in 2010, the report stated.

The report provides market landscape, competitive landscape and market trends information on the India x-ray systems and mammography equipment market. It includes information on the key trends affecting the market and analytical content on the market dynamics. This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData.

Its scope includes:

• Analog x-ray systems, computed radiography systems, DR systems, film-screen mammography equipment and full-field digital mammography equipment;
• Annualized market revenues data from 2003 to 2010, a forecast seven years forward to 2017 and company shares data for 2009;
• Annualized volume data from 2003 to 2010, a forecast seven years forward to 2017 and company shares data for x-ray systems and mammography equipment for 2009; and
• Qualitative analysis of key market trends, market drivers and restraints on the India x-ray systems and mammography equipment market.