Automated Breast Ultrasound (ABUS) Market Detailed Analysis and Forecast 2023-2032

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Automated Breast Ultrasound (ABUS) Market Detailed Analysis and Forecast 2023-2032
The global Automated Breast Ultrasound (ABUS) market was valued at USD 551.3 million in 2022, with projections indicating an increase to USD 1,146.8 million by 2032. The market is anticipated to achieve a robust revenue Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period. Key drivers of this growth include the escalating prevalence of breast cancer, a growing public awareness of the importance of early breast cancer detection, and an increased demand for accurate screening techniques.
As the incidence of breast cancer rises, the importance of early detection becomes paramount for improved patient outcomes. Particularly for women with dense breast tissue, ABUS serves as a valuable screening tool, providing more precise and reliable breast cancer detection compared to conventional mammography. The increasing demand for ABUS systems in healthcare facilities worldwide is driven by the imperative need for trustworthy screening techniques in the ongoing efforts to combat breast cancer effectively.
An analysis of Automated Breast Ultrasound (ABUS)’s growth rate, market share, market size, current and emerging trends, production and consumption ratios, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players is provided in the report, which has been segmented into key regions globally. This report provides a country-by-country analysis of the Automated Breast Ultrasound (ABUS) market to give a clearer picture of its regional distribution and growth.
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In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.
Strategic Developments:
On 15 April 2021, Siemens Healthineers announced the acquisition of Varian Medical Systems, a leading provider of medical technologies and solutions for cancer treatment, for USD 16.4 billion. This acquisition aimed to expand Siemens Healthineers’ oncology portfolio and strengthen its position in the global healthcare market.
On 2 December 2020, Hologic, Inc. received the FDA approval for its Genius AI Detection technology, which uses Artificial Intelligence to detect potential breast cancers in mammograms. The company has been focused on developing advanced breast imaging technologies that can improve cancer detection and diagnosis.
On 1 August 2019, Koninklijke Philips N.V. acquired Carestream Health’s Healthcare Information Systems (HCIS) business for USD 1 billion. This acquisition aimed to expand Philips’ healthcare portfolio and strengthen its position in the global healthcare market.
Key Players covered in this report are
General Electric Company
Siemens Healthineers AG
Koninklijke Philips N.V.
Hologic, Inc.
SonoCine, Inc.
Hitachi, Ltd.
Fujifilm Holdings Corporation
Volpara Health Technologies Limited
Breast Imaging Technologies (BIT)
iVu Imaging Corporation
Segments Covered in the Report:
By Product Type Outlook
 Automated Breast Ultrasound System
Automated Breast Volume Scanner
By End-use Outlook
Diagnostic Imaging Centers
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Based on Region market is segmented into:
North America
South America
Middle East & Africa
Major Points covered in this report are as below:
An analysis of Automated Breast Ultrasound (ABUS) industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.
In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.
In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.
This report provides information on the market status of Automated Breast Ultrasound (ABUS) manufacturers and provides valuable insight into the market for companies and individuals.
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We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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