Cart-based Conventional Breast Ultrasound Systems Market Analysis

Cart-based Conventional Breast Ultrasound Systems Market Analysis

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Based on end-use, the cart-based conventional breast ultrasound systems market is segmented into hospitals, diagnostics laboratories, and others. Hospitals segment held substantial revenue share in the global cart-based conventional breast ultrasound market accounting for more than 45.3% market share in 2022. A high product adoption rate coupled with an increasing number of hospital admission of breast cancer patients will drive the segmental growth. Increasing usage of conventional ultrasound systems in hospitals for screening breast tissues providing effective outcomes along with presence of skilled professionals are factors contributing towards higher revenue share. Rising awareness among individuals regarding the latest technological trends with growing mortality ratio owing to breast cancer in the region will foster overall industry statistics.  

U.S. cart-based conventional breast ultrasound systems market accounted for more than USD 80 million in 2022 and will grow momentously more than USD 160 million by 2032. high incidence of breast cancer, technological advancements, high healthcare expenditure, and developed healthcare infrastructure in the region. Favourable regulatory scenario along with increasing funding for breast cancer research are other prominent factors stimulating market growth. The increasing funding from public and private organizations to generate awareness regarding breast cancer will contribute towards growth of the market. Moreover, the strong focus of major companies in the region will boost the market's expansion.