Press release

Global Automated Breast Ultrasound Systems (ABUS) Market 2019-2023 | 14% CAGR Projection over the Next Five Years | Technavio

0
Sponsored by Businesswire

The global automated breast ultrasound systems (ABUS) market 2019-2023
is expected to post a CAGR of more than 14% during the forecast period,
according to the latest market research report by Technavio.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20190415005351/en/

The global automated breast ultrasound systems (ABUS) market will post a CAGR of more than 14% durin ...

The global automated breast ultrasound systems (ABUS) market will post a CAGR of more than 14% during the period 2019-2023 (Graphic: Business Wire)

Breast cancer is one of the common cancer types occurring in women
globally. With the increase in its incidence, the demand for ABUS is
also increasing. Because of its effectiveness in diagnostic results,
ABUS is widely preferred by oncologists. The growing number of breast
cancer cases has led many countries to perform early breast cancer
screening. For instance, the breast cancer screening rate has spurred in
many developed countries such as France, Germany, and Italy in recent
years. With the growing incidences of breast cancer cases, the
increasing demand for breast imaging products will drive the market’s
growth over the forecast period.

This market research report on the global
automated breast systems (ABUS) 2019-2023
also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a significant factor that has the potential to significantly
impact the market and contribute to its growth or decline.

In this report, Technavio highlights the growing focus on the
development of integrated and innovative ABUS as one of the key emerging
trends in the global automated breast ultrasound systems market.

Global automated breast ultrasound systems:
Growing focus on development of integrated and innovative ABUS

Many vendors are developing affordable integrated products that can help
medium and small-sized end users. Such integrated products help
clinicians precisely understand the medical condition of a patient. For
example, Koninklijke Philips recently launched its integrated breast
ultrasound solution. This integrated ultrasound solution comes with
various features to provide superior screening and diagnosis. One of the
highlights includes PureWave crystal technology that provides detailed
resolution and tissue uniformity to understand the root cause of the
problem. This growing trend of developing integrated and innovative
solutions among vendors will boost the growth of the market globally.

“Vendors are expanding their reach by providing their products to
end-users in various regions due to the growing demand. For
instance, in 2010, Siemens Healthineers introduced a new ABUS, ACUSON
S2000 at Jaslok Hospital in Mumbai, India for imaging patients with
dense breast tissue or with a history of breast disease. Similarly,
Benson Radiology, a diagnostic and interventional radiology provider
with its North Adelaide clinic, is providing a diagnosis for patients
with dense breast tissue using GE Healthcare Invenia ABUS. The rise in a
number of diagnostic facilities for breast cancer will drive the growth
of the market during the forecast period”, says an analyst at Technavio.

Global automated breast ultrasound systems
market: Segmentation analysis

This market report segments the global automated breast ultrasound
systems market by end-user (hospitals and clinics and diagnostic
centers) and geography (Asia, Europe, North America, and ROW).

North America led the market in 2018 with a market share of 33%,
followed by Europe, ROW, and Asia respectively. The dominance of North
America can be attributed to the increasing prevalence of breast cancer
cases and the growing presence of breast cancer diagnostic centers in
the region.

Looking for more information on this market? Request
for a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at media@technavio.com.