Global Automated Breast Ultrasound System (ABUS) Market by Product (Prone, Supine), End User (Hospitals, Diagnostic Centres, Ambulatory Care Centres), - Forecast to 2029
Overview
Automated Breast Ultrasound System (ABUS) Market value is projected to reach US$ 1009.66 Mn at the end of the forecast period and it is expected to grow at the CAGR of 14.60%.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region. 
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Automated Breast Ultrasound System (ABUS) Market Overview:
Breast cancer is the most commonly diagnosed type of cancer detected in women after ’40s. Automated Breast Ultrasound System (ABUS) is a device that uses a transducer to detect breast cancer most efficiently with less time as compared to HHUS [hand held ultrasound system]. Therefore, ABUS can potentially replace HHUS in term of saving time and more accuracy.
Increasing awareness of diseases like cancer has resulted in regular check-ups or scanning that boost the demand for ABUS market. A rising incidence of breast cancer is also one of the main reasons behind the increasing market of ABUS. Also, reimbursement policies in countries like US giving demand for Global Automated Breast Ultrasound System (ABUS) Market.
Automated Breast Ultrasound System (ABUS) Market Regional analysis
North America has the largest market share with countries like US that hold for maximum regional revenue share. Increasing awareness of cancer increases the number of screenings which results in demand for ABUS market. Adoption of technological advancements and government policies in the US creates the demand for Global Automated Breast Ultrasound System (ABUS) Market.
The Asia Pacific excluding Japan is expected as one of the fastest growing ABUS markets due to breast cancer awareness campaigns by governments around the globe. China automated market is expected to increase by USD 400 million by 2029 due to cancer screening awareness at an early stage.
ABUS scanners have been classified as prone-type or supine-type scanners. These scanners use various techniques like prone water bath scanning and supine water coupled scanning using 4-7 MHz transducers. ABUS provides 3D images with more detailed structure over 2d images.
Automated Breast Ultrasound System (ABUS) provides detection of breast cancer with great accuracy and less time compared to HHUS. ABUS is used by hospital and diagnostic centers to large extent.
Dense breast tissue, large consumption of alcohol, genetic hereditary, radiation exposure, obesity are some common reasons among women that leads to breast cancer which will increase screenings of cancer that will increase demand for ABUS.
Hospitals and diagnostic centers are major users of ABUS. Use of ABUS in hospitals and diagnostic centers over HHUS provides accuracy in detection with less time. When ABUS is used with mammography increases the accuracy level.
Automated Breast Ultrasound System (ABUS) is one of the fastest growing markets with expected 6.6 % in the forecast period. North America will account for maximum share due to raising awareness of diseases and adopted technological advancements. Increasing cancer awareness programs all over the globe fuel the Global Automated Breast Ultrasound System (ABUS) Market.
Automated Breast Ultrasound System (ABUS) Market : Inquire before buying
| Global Automated Breast Ultrasound System (ABUS) Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2022 | Forecast Period: | 2023-2029 |
| Historical Data: | 2018 to 2022 | Market Size in 2022: | US$ 388.94 Mn. |
| Forecast Period 2023 to 2029 CAGR: | 14.6% | Market Size in 2029: | US$ 1009.66 Mn. |
| Segments Covered: | by Product Type | Prone Supine |
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| by End Users | Hospitals Diagnostic Centres Ambulatory Care Centres |
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The above data will be provided for following regions/countries (USD Million)
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Automated Breast Ultrasound System (ABUS) Market Key Players are:
1. GE Healthcare
2. Siemens AG
3. Koninklijke Philips N.V.
4. Toshiba Corporation.
5. Hitachi Ltd
6. Hologic
7. Esaote
8. General Electric Company
9. SonoCine Inc.
10.Telemed Medical Systems
11.Canon Medical Systems Corporation
12.Fukuda Denshi
13.Hologic, Inc.
14.Delphinus Medical Technologies, Inc.
15.Nova Medical Imaging Technology Co. Ltd.
16.Seno Medical Instruments
17.iVu Imaging Corporation
Frequently Asked Questions:
1. Which region has the largest share in Global Automated Breast Ultrasound System Market?
Ans: North America region held the highest share in 2022.
2. What is the growth rate of Global Automated Breast Ultrasound System Market?
Ans: The Global Market is expected to grow at a CAGR of 14.6% during forecast period 2023-2029.
3. What is scope of the Global market report?
Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global market?
Ans: The important key players in the Global Market are – GE Healthcare,Siemens AG,Koninklijke Philips N.V.,Toshiba Corporation.,Hitachi Ltd,Hologic,Esaote,General Electric Company,SonoCine Inc.,Telemed Medical Systems,Canon Medical Systems Corporation,Fukuda Denshi,Hologic, Inc.,Delphinus Medical Technologies, Inc.,Nova Medical Imaging Technology Co. Ltd.,Seno Medical Instruments,iVu Imaging Corporation
5. What is the study period of this market?
Ans: The Global Market is studied from 2022 to 2029.