LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global automated breast ultrasound systems (ABUS) market and the market is poised to grow by USD 422.74 million during 2019-2023 at a CAGR of more than 14% during the forecast period. Request Free Sample Pages
Read the 117-page research report with TOC on "Automated Breast Ultrasound Systems (ABUS) Market Analysis Report by End-users (Hospitals and clinics, and Diagnostic centers), by Geography (North America, Europe, ROW, and Asia), and Segment Forecasts, 2019 - 2023".
The market is driven by the increasing demand for breast imaging products. In addition, the growing focus on development of integrated and innovative ABUS is anticipated to further boost the growth of the automated breast ultrasound systems (ABUS) market.
Exposure to post-menopausal hormone therapy, family history of breast cancer, ageing, radiation exposure, are some of the risk factors of developing breast cancer. The increasing number of breast cancer cases is boosting the demand for breast imaging products such as ABUS. ABUS is a non-invasive 3D ultrasound system that provides high efficacy in diagnostic results. In addition, it is recommended by many hospitals and clinics and diagnostic centers because it is radiation-free and painless. Thus, the increasing demand for non-invasive breast imaging products is expected to drive market growth during the forecast period.
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Major Five Automated Breast Ultrasound Systems (ABUS) Market Companies:
GE Healthcare is headquartered in the US and operates the business under various segments such as Healthcare Systems and Life Sciences. The company offers Invenia ABUS 2.0.
Hitachi, Ltd. is headquartered in Japan and offers products through the following business units: Information & Telecommunication Systems, Social Infrastructure & Industrial Systems, Electronic Systems & Equipment, Construction Machinery, High Functional Materials & Components, Automotive Systems, and Smart Life & Ecofriendly Systems.
Koninklijke Philips N.V.
Koninklijke Philips N.V. is headquartered in the Netherlands and operates under various business segments, namely Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, and Other. The company offers Philips EPIQ and Affiniti ultrasound systems.
Siemens Healthineers AG
Siemens Healthineers AG is headquartered in Germany and offers products through the following business segments: Imaging, Diagnostics, and Advanced Therapies. The company offers ACUSON S2000 ABVS.
SonoCiné is headquartered in the US and offers SonoCiné AWBUS. This product provides a consistent, repeatable scan of the whole breast to detect the presence of cancer cells.
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Automated Breast Ultrasound Systems (ABUS) End-users Outlook (Revenue, USD Million, 2019 - 2023)
- Hospitals and clinics
- Diagnostic centers
Automated Breast Ultrasound Systems (ABUS) Regional Outlook (Revenue, USD Million, 2019 - 2023)
- North America
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