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Automated Breast Ultrasound Systems Market Analysis

  • Report ID: GMI728
  • Published Date: Jun 2023
  • Report Format: PDF

Automated Breast Ultrasound Systems Market Analysis

Based on the product, the ABUS market size will reach USD 4.5 billion by 2032. Recent advancements in ABUS have led to a reduction in the duration of cancer diagnosis. Modern ABUS systems utilize advanced transducer technology to acquire three-dimensional images of the entire breast. This three-dimensional imaging capability allows for a more comprehensive assessment of the breast tissue, improving visualization and aiding breast ultrasound for detecting and characterizing abnormalities.
 

Automated Breast Ultrasound Systems Market Share, By End-use, 2022

Regarding end-use, the hospitals segment amassed around 45% of the automated breast ultrasound systems market share in 2022. Commendable rise in breast cancer-related hospitalizations has increased the utilization of ABUS systems in hospitals. Hospital facilities are equipped with advanced diagnostic tools that help detect the disease accurately in less time. Moreover, the high availability of skilled healthcare professionals in these facilities has increased patient footfalls, supplementing segment progression.
 

U.S. Automated Breast Ultrasound Systems Market Size (USD Million), 2020-2032

North America automated breast ultrasound systems market accumulated 20% of the business revenue in 2022. Growing healthcare spending in the region is supporting industry growth. In May 2022, the U.S. Department of Health and Human Services announced the availability of USD 5 million for community health centers to increase access to cancer screenings. Moreover, the growing prevalence of breast cancer has further bolstered the adoption of automated breast ultrasound systems in the region. 

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

In 2022, automated breast ultrasound systems industry was valued at USD 1.7 billion and will grow at 15.5% CAGR from 2023 to 2032, attributed to the rising prevalence of breast cancer globally.

ABUS industry size is expected to be worth USD 4.5 billion by 2032, attributed to rapid advancements in ABUS devices.

North America ABUS market share was nearly 20% in 2022, driven by growing healthcare spending in the region.

Prominent ABUS industry players include Volpara Solutions Limited, Hitachi Ltd., Shantou Institute of Ultrasonic Instruments Co., Ltd (SIUI), CapeRay Medical, Seno Medical Instruments Inc., and Siemens AG, among others.

Automated Breast Ultrasound Systems Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 16
  • Tables & Figures: 206
  • Countries covered: 18
  • Pages: 160
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