Automated Breast Ultrasound Systems Market Expected to Reach $2,368.4 million by 2026 – Siemens, GE Healthcare, Hitachi, Koninklijke, Toshiba, CapeRay, SuperSonic, SonoCine
Automated Breast Ultrasound Systems (ABUS) Market is accounted for $565.0 million in 2017 and is expected to reach $2,368.4 million by 2026 growing at a CAGR of 17.3% during the forecast period. Increasing extensive research and development, growing government advocation towards the breast cancer awareness and rising technological advancement are some of the factors driving the market growth. However, high maintenance and manufacturing cost is hindering the market growth.
The automated breast ultrasound system is mainly considered to obtain ultrasound images with the assist of a broadband transducer which is scanned over the whole breast to capture 3D ultrasound volume data. It provides 3D images and detects cancer in dense breast tissues.
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Based on End User, Hospitals segment has significant growth during the forecast period due to rising implementation of ABUS in hospitals due to its improved screening and diagnostic capabilities leading to effective disease management and along with presence of skilled professionals are some of the factors fueling the market growth.
By geography, North America holds the largest market share during the forecast period due to rising prevalence of breast cancer cases, increasing presence of breast cancer diagnostic centers, and growing number of product launches are some of the factors driving the market growth in this region.
Some of the key players profiled in the Automated Breast Ultrasound Systems (ABUS) Market include Siemens AG, GE Healthcare, Hitachi Ltd., Koninklijke Philips N.V., Toshiba Company, CapeRay, SuperSonic Imagine, SonoCine. Inc., Qview Medical, Seno Medical Instruments, Inc., Volpara Solutions and Delphinus Medical Technologies.
Table of Content:
1.1 Scope of Study
2 Key Takeaways
3 Automated Breast Ultrasound Systems Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.3 PEST Analysis
4 Automated Breast Ultrasound Systems Market – Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis
5 Automated Breast Ultrasound Systems Market Analysis- Global
5.1 Global Automated Breast Ultrasound Systems Market Overview
5.2 Global Automated Breast Ultrasound Systems Market Forecasts and Analysis
5.3 Market Positioning/Market Share
5.4 Performance of Key Players
5.5 Expert Opinions Automated Breast Ultrasound Systems Market
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Name: Sameer Joshi
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