Press Release-Automated Breast Ultrasound System (ABUS) Market to Reach Valuation of USD 1807.3 Million by 2028 - Rising breast cancer incidences and prevalence is Driving the Market
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Automated Breast Ultrasound System (ABUS) Market to Reach Valuation of USD 1807.3 Million by 2028 - Rising breast cancer incidences and prevalence is Driving the Market
In terms of revenue, the global Automated Breast Ultrasound System (ABUS) market is expected to reach USD 1807.3 Million by 2028, growing at a Compound Annual Growth Rate (CAGR) of 15.9% from 2022 to 2028. Rising breast cancer incidences and prevalence, increasing radiology market and rising awareness with breast cancer toward the breast density is fueling the demand for the Automated Breast Ultrasound System (ABUS) market.
Key Findings:
Some of key players in Automated Breast Ultrasound System (ABUS) market include - GE Healthcare (US), Siemens AG (Germany), Koninklijke Philips N.V. (Netherlands), Hitachi Ltd. (Japan), and SonoCine Inc. (US)..
A rapidly increasing number of breast cancer cases globally is a key factor in increasing the growth of the Automated Breast Ultrasound System (ABUS) Market globally. Other major factors resulting in increased incidences of breast cancer are obesity, hormone replacement therapy, age-related complications and decreased childbearing, which is turn is fueling the need for more accurate diagnosis and need for screening due to risks of further complications.
Constant advancements in technology in breast cancer systems for detection is a key driving factor for the growth of the Automated Breast Ultrasound System (ABUS) Market globally. Different sectors are working on the growth of a number of technologies to enhance cancer screening in women with dense breast cancer, therefore rising the breast cancer detection effectiveness. Also, advancements in Automated Breast Ultrasound System (ABUS) are expected to overcome disadvantages in conventional
Asia Pacific is expected to emerge as the largest market growth in 2021. This is attributed to the rising treatment and awareness of this breast cancer among women in nations in the region. Increasing awareness, particularly in some developing nations in the region, is ensuing more women approaching centers and camps for diagnosis and screening. Several organizations in nations conduct breast cancer awareness programs in the region, as well as events to raise funds for Research and Development (R&D) of more innovative treatment processes.
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