The Automated Breast Ultrasound System market is projected to grow at a 9.3% CAGR by 2027, driven by increased breast cancer awareness and advanced screening technologies.
The global sales of automated breast ultrasound system will exhibit a volume CAGR of 11.1% during the forecast period (2018-2027), according to a new analytical research study of Fact.MR. The report estimates the global revenue share of the automated breast ultrasound system is set to reach nearly US$ 345 Mn in revenues by 2027-end.
ABUS gaining Competitive Edge over HHUS
Breast cancer has prevailed as most commonly diagnosed cancer type, and has become the second leading cause of mortality among women, according to statistics unveiled by National Breast Cancer Foundation. With growing awareness about breast cancer, number of screening procedures has proliferated, thereby propelling demand for advanced diagnostic and follow-up care technologies such as automated breast ultrasound systems in diagnostic centers and hospitals.
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Facilitated screening of denser breast’s tissues, along with the provision of superior image quality, has offered automated breast ultrasound system (ABUS) a competitive edge over the handheld ultrasound system (HHUS).
As automated breast ultrasound system are approved by the FDA for screening in coordination with mammography, in case of women with denser breast tissues, radiologists are increasingly opting for the technology.
On the back of high quality 3D images offered by ABUS, surgeons are employing the system for pre-operative breast evaluation to identify tumor size and location accurately. However, high cost, and lack of skilled radiologists needed for ABUS have made surgeons to opt for HHUS for pre-operative evaluation.
In addition, the Breast Cancer Now Catalyst Programme encouraged and offered tremendous support to research and development in diagnosis and treatment of breast cancer. Awareness campaigns on breast cancer are further expected to influence demand for automated breast ultrasound system.
Key Takeaways from Fact.MR’s Report on Automated Breast Ultrasound System Market
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Tested research methodologies employed for developing this report assure that forecasted market size valuations follow a specific growth pattern on the basis of impact of causative factors. This information reveals the dynamics of the global automated breast ultrasound system market across parameter such as
A cumulative effect of such factors provides the driving force for expansion of the global automated breast ultrasound system market. This study clarifies the impact of growth drivers, sales restraints, market trends and business opportunities with the forecasted findings.
Market Taxonomy
| REGION |
CARE TYPE |
|---|---|
| North America | Hospitals |
| Latin America | Diagnostic Centers |
| Europe | |
| Japan | |
| APEJ | |
| MEA |
(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
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Assessing Insights on Expanding Global Footprint
Understanding the lucrativeness of regions is a key challenge for companies in the global automated breast ultrasound system market. Information of country-specific markets and regional undercurrents is being offered to expand the knowledge of automated breast ultrasound system companies. Insights on low-wage countries, regions with favorable industrial regulations and concentered consumer marketplaces can influence the expansion strategies of manufacturers.
The scope of this report is to address major concerns of automated breast ultrasound system manufacturers in terms of product development, sales growth and geographic expansion. Inferences in the report are aimed to help market players take informed steps towards future market direction.
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The post Demand for Automated Breast Ultrasound System Is Set to Record a Value CAGR of 9.3% over the Period of Forecast 2027 appeared first on Latest Market Reports.
The article discusses the growth and market dynamics of Automated Breast Ultrasound Systems.
ABUS offers superior image quality and is FDA-approved for screening dense breast tissues.
North America, particularly the U.S., leads in ABUS adoption due to advanced screening technologies.
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