New York, NY 18 May 21: The global mammography workstation market is expected to reach USD 216.0 million by 2028 according to a new study by Polaris Market Research. The report “Mammography Workstation Market Share, Size, Trends, Industry Analysis Report, By Modality (Multimodal, Standalone); By Application (Diagnostic Screening, Advance Imaging, Clinical Review); By End-Use (Hospitals, Breast Care Centers, Academia), By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global mammography workstation industry is projected to grow, owing to the rising prevalence of breast cancer, growing awareness among women of early diagnosis, and technological advancements in breast cancer detection systems. Early-onset of breast cancer is primarily attributed to the faulty hereditary gene BRCA, coupled with faulty diet, lifestyle, and hormonal imbalances.
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The global mammography workstation industry is fragmented based on modality, application, end-use, and region. In terms of modality, the mammography workstation industry is segmented into multimodal, and standalone. The mammography workstation industry application segment is further divided into diagnostic screening, advanced imaging, and clinical review. In terms of end-use, the mammography workstation industry is segmented into hospitals, breast care centers, and academia.
Segment Highlights
- Multi-modal market segment accounted for majority of the revenue share of mammography workstation industry owing to its high efficiency and product availability. The segment held over 60% of the market share in 2020. However, standalone segment is expected to expand at the highest CAGR during the forecast period.
- Based on application, the diagnostic screening market segment of mammography workstation industry accounted for over 35% of the revenue share in 2020 and is expected to witness substantial market growth over the forecast period. This can be attributed to the several government-funded breast screening programs.
- North America market accounted for over 45% of the global mammography workstation industry revenue share in 2020 and is expected to witness at a significant market growth over the forecast period. Research and funding for breast cancer, awareness among women, and employed female population with high disposable income are increasing the adoption of such systems.
- The major market players operating in the industry include Hologic, Fujifilm, and Siemens Healthcare and together held a significant market share in 2020
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The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
