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Automated Breast Ultrasound Systems Market Size

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

Automated Breast Ultrasound Systems Market Size

Automated Breast Ultrasound Systems Market size was worth USD 1.7 billion in 2022. Driven by the rising prevalence of breast cancer globally, the industry could grow at 15.5% CAGR from 2023 to 2032.

 

Adoption of a sedentary lifestyle, coupled with excessive smoking and alcohol intake, has given birth to diseases such as breast cancer. According to CDC, around 264,000 cases of breast cancer in women and nearly 2,400 in men are reported every year in the U.S. alone. The commendable rise in disease burden has favored the adoption of ABUS for the early detection of the condition, eventually contributing to global market expansion.

 

Moreover, favorable government initiatives for spreading awareness about the diagnosis and treatment of breast cancer are further creating a notable impetus for industry growth. For instance, in Australia, the National Breast Cancer Foundation, Inc. considers October as breast cancer awareness month every year. It aims to create awareness and impart knowledge about the early detection and prevention of breast cancer among women.

 

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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