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Global Automated Breast Ultrasound System Market to Surpass US$ 200 Mn in Revenues by 2027

Press release Description

Albany, New York, April 25, 2018: A new business intelligence study, titled “Automated Breast Ultrasound System Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027)” has been added to the repository of Market Research Reports Search Engine (MRRSE). According to the study, the global automated breast ultrasound system market is likely to grow at a CAGR of 6.8% and reach a valuation of over US$ 200 Mn by the end of 2027.

The research study highlights the impact of drivers, restraints, opportunities, and trends on the global automated breast ultrasound system market. An in-depth analysis has been offered on the demand supply equation in the market. The recent developments in terms of innovation and launch of new products have been outlined for the perusal of the readers. The competitive landscape, along with the business and product strategies of the leading players have also been discussed in detail in the report.

According to the study, growing awareness about the need to detect breast cancer at an early stage is one of the key factors driving the growth of the automated breast ultrasound system market. Automated breast ultrasound systems offer clear, 3D images for breast cancer detection. The key benefits of automated breast ultrasound systems such as quick turnaround time, high-quality imaging, and coronal view are some of the key factors that are fuelling their adoption among end-users.

The research study offers segment-wise analysis on the automated breast ultrasound system market. On the basis of end-use, the market has been segmented into hospitals and diagnostic imaging laboratories. Between these, demand for automated breast ultrasound systems is likely to remain robust in the hospital segment throughout the forecast period. Although diagnostic imaging laboratories account for a relatively lesser value, demand is likely to increase at a substantial CAGR during the assessment period.

According to the region-wise analysis and forecast offered in the research study, North America is likely to be one of the leading markets for automated breast ultrasound systems globally. The demand for automated breast ultrasound systems in North America is likely to remain concentrated in the US. Although demand is also growing at a steady clip in Canada, the US will remain prominent in terms of market value share.

The research study also offers in-depth analysis on the competitive landscape scenario in the automated breast ultrasound system market. Some of the leading companies operating in the market include GE Healthcare, Hitachi, Ltd., Siemens AG, Koninklijke Philips N.V. and Delphinus Medical Technologies, Inc.

Browse Full Global Automated Breast Ultrasound System Market Report with TOC :

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