Europe Automated Breast Ultrasound Systems (ABUS) Market Forecast – 2024
Category: #reports  By Madhuri Pawar  Date: 2019-02-18
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Europe Automated Breast Ultrasound Systems (ABUS) Market Forecast – 2024

Europe Automated Breast Ultrasound Systems (ABUS) Market size based on Product, End-Use, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2018 - 2024, predicted to cross USD 328 Million by 2024, as reported in the latest study by Graphical Research.

Rising awareness about breast cancer screening coupled with growing number of initiatives to promote breast cancer awareness will spur Europe automated breast ultrasound systems market growth. Breast cancer screening program (BCSP) was extensively implemented for early breast cancer screening in Russia. The program offers screening at 2-year intervals to women between 40 to 60 years of age. Such initiatives are estimated to impel the adoption of ABUS in recent years.

Sample of this research report @ https://www.graphicalresearch.com/request/1063/sample

Restricted capability of mammography systems to diagnose breast cancer in dense breast tissues will positively impact ABUS business growth. ABUS assists in detecting small tumors at early stage of breast cancer that can significantly reduce treatment cost due to early diagnosis. Various studies have proved superlative detection rate of ABUS over mammography system. Thus, superior screening and detection rate over mammography system will drive demand for automated imaging modalities in foreseeable years.

However, high cost of ABUS devices along with irregular and non-uniform reimbursement scenario can hamper Europe automated breast ultrasound market growth during the projected period.

Automated breast ultrasound system segment held significant market size of USD 51.1 million in 2017. Higher detection rate of breast cancer than mammography systems increases the customer preference for ABUS. In addition, enhanced or large field of view of breast and decreased time for generating breast images contribute to the benefits, that will result into segmental expansion over the coming years.

Diagnostic imaging centers segment will grow at rapid pace of 13.0% CAGR. Growing healthcare spending on cancer treatment for patients in Europe will offer attractive opportunity for segmental expansion. Implementation of national screening program in the region will further stimulate segmental share in foreseeable years.

Browse more insights from this report @
https://www.graphicalresearch.com/industry-insights/1063/europe-automated-breast-ultrasound-systems-abus-market

France ABUS market will foresee rapid growth at 12.9% CAGR over the forecast timeframe. Growing incidence of breast cancer coupled with rising initiatives to promote breast cancer screening will positively impact market growth. For instance, free national screening program are organized for women aged between 50 and 74 years of age. Above factors will augment France ABUS industry growth in upcoming years.

Few of the established market players in Europe automated breast ultrasound systems market are GE Healthcare, Hitachi Ltd., Koninklijke Philips N.V., Siemens AG, SonoCine Inc., and Theraclion. Industry players are concentrating efforts on strategic alliances such as agreements, mergers and acquisitions for fortifying market presence and for capturing profits. For instance, in July 2016, Royal Philips strategically partnered with Andalusian Health Service, Spain. Partnership with various hospitals ensures installation, integration, maintenance, and updates of medical technologies provided by the firm in order to achieve optimal delivery of care.

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Segments We Cover:

Europe Automated Breast Ultrasound Systems Market Statistics, By Product

Automated Breast Ultrasound System
Automated Breast Volume Scanner
Others

Europe Automated Breast Ultrasound Systems Market trends, By End-use

Hospitals
Diagnostic Imaging Centers

The above information is provided for the following region and countries:

Germany
UK
France
Spain
Italy
Russia
Poland
Ukraine
Switzerland
Belgium
Austria
Czech Republic
Netherlands
Sweden

Related Reports:

  1. North America Automated Breast Ultrasound Systems (ABUS) Market Size By Product (Automated Breast Ultrasound System, Automated Breast Volume Scanner), By End-Use (Hospitals, Diagnostic Imaging Centers), Industry Analysis Report, Regional Outlook (U.S., Canada), Application Potential, Competitive Market Share & Forecast, 2018 – 2024
  1. Asia Pacific Automated Breast Ultrasound Systems Market Size By Product (Automated Breast Ultrasound Systems, Automated Breast Volume Scanner), By End-Use (Hospitals, Diagnostic Imaging Centers), Industry Analysis Report, Regional Outlook (Japan, China, India, South Korea, Australia, Malaysia, Indonesia, Thailand, Singapore, Taiwan, Philippines, Vietnam), Application Potential, Competitive Market Share & Forecast, 2018 – 2024

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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About Author

Madhuri Pawar

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Madhuri Pawar

A post graduate in Electronics and telecommunication field, Madhuri writes for News.Marketsizeforecasters.com and carries a rich experience in digital marketing, exploring how the online world works from a marketing perspective. her other areas of interest include rea...

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