Market Overview:
The global automated breast ultrasound system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The increasing incidence of breast cancer, technological advancements in automated breast ultrasound systems, and rising demand for early diagnosis are some of the major factors driving the growth of this market. Based on type, the global automated breast ultrasound system market is segmented into automated breast ultrasound systems and automated breast volume scanners. The automation in these devices has led to their increased adoption in hospitals and diagnostic imaging laboratories for various applications such as tumor detection, lesion characterization, volumetric analysis, and others. Geographically, North America dominates the global automated breast ultrasound system market followed by Europe due to high prevalence of cancer cases in these regions.
Product Definition:
An automated breast ultrasound system (ABUS) is a device that uses ultrasound to screen for breast cancer. ABUS systems are used to improve the accuracy of mammography in women with dense breasts.
Automated Breast Ultrasound System:
ABUS is a diagnostic device used for detecting abnormalities in the tissues of breasts. It creates ultrasound images of the breast tissue and other accessories like nipples, areolae, and skin around them. Some of its key features include high sensitivity (it can detect even small tumors), affordability, portability (it can be taken anywhere), early detection capabilities (if any sign or symptom is detected then it gives an accurate result) and quick results giving an immediate treatment option to the patient.
Automated Breast Volume Scanner:
The automated breast volume scanner is used to detect the amount of milk in the breast. It works on ultrasound technology and hence provides accurate results. The device has a transparent screen that allows the operator to view milk ducts, galactia, and lobules easily.
This device helps in detecting whether a patient is pregnant or not by analyzing fatty tissues present around nipples and areola region of breasts using transducer & probe combination.
Application Insights:
Based on application, the market is segmented into hospitals and diagnostic imaging laboratories. Hospitals are expected to emerge as the largest revenue generating centers owing to a large patient base that requires breast ultrasound for various clinical purposes, such as breast cancer screening and diagnosis. Furthermore, an increase in the adoption of automated systems by hospitals is further anticipated to boost growth during the forecast period.
Diagnostic imaging laboratories are estimated to be one of the fastest growing segments over the forecast period due largely ¢â‚¬Å“increasing demand for non-invasive medical procedures¢â‚¬ such as computerized tomography (CT), magnetic resonance imaging (MRI), nuclear medicine studies etc.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing cases of cancer, rising awareness about early detection of breast cancer, and availability of technologically advanced products. Moreover, presence of key players such as GE Healthcare; Philips Healthcare; Siemens Healthineers AG is also contributing towards the growth in this region.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to factors such as improving healthcare infrastructure and growing target population base with high risk factors for breast cancer development Such as family history or obesity which increases their chances for developing aggressive forms of tumors that require immediate attention by using automated ultrasound systems with improved features compared to traditional systems used in hospitals across major countries including Japan and China.
Growth Factors:
- Increasing incidence of breast cancer: The incidence of breast cancer is increasing at a rapid pace across the globe. According to the World Health Organization (WHO), in 2012, there were 1.7 million new cases of breast cancer and over half a million deaths due to the disease. This number is expected to rise in the coming years owing to factors such as population growth and aging. This will create demand for automated breast ultrasound systems as they help in early diagnosis of the disease.
- Growing awareness about early detection of breast cancer: There is growing awareness among women about the importance of early detection of breast cancer through screening tests such as mammography and automated ultrasound systems. In addition, governments are also promoting these tests through various campaigns and initiatives, which is aiding in market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automated Breast Ultrasound System Market Research Report
By Type
Automated Breast Ultrasound System, Automated Breast Volume Scanner
By Application
Hospitals, Diagnostic Imaging Laboratories
By Companies
GE, Siemens, Hitachi, SonoCine, GE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Automated Breast Ultrasound System Market Report Segments:
The global Automated Breast Ultrasound System market is segmented on the basis of:
Types
Automated Breast Ultrasound System, Automated Breast Volume Scanner
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Diagnostic Imaging Laboratories
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE
- Siemens
- Hitachi
- SonoCine
- GE
Highlights of The Automated Breast Ultrasound System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Automated Breast Ultrasound System
- Automated Breast Volume Scanner
- By Application:
- Hospitals
- Diagnostic Imaging Laboratories
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automated Breast Ultrasound System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automated breast ultrasound system is a medical device that uses sound waves to create an image of the breast. This system is often used to diagnose problems with the breasts, such as cancer.
Some of the key players operating in the automated breast ultrasound system market are GE, Siemens, Hitachi, SonoCine, GE.
The automated breast ultrasound system market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automated Breast Ultrasound System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automated Breast Ultrasound System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automated Breast Ultrasound System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automated Breast Ultrasound System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automated Breast Ultrasound System Market Size & Forecast, 2020-2028
4.5.1 Automated Breast Ultrasound System Market Size and Y-o-Y Growth
4.5.2 Automated Breast Ultrasound System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Automated Breast Ultrasound System
5.2.2 Automated Breast Volume Scanner
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Diagnostic Imaging Laboratories
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automated Breast Ultrasound System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automated Breast Ultrasound System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Automated Breast Ultrasound System
9.6.2 Automated Breast Volume Scanner
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Diagnostic Imaging Laboratories
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Automated Breast Ultrasound System
10.6.2 Automated Breast Volume Scanner
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Diagnostic Imaging Laboratories
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Automated Breast Ultrasound System
11.6.2 Automated Breast Volume Scanner
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Diagnostic Imaging Laboratories
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Automated Breast Ultrasound System
12.6.2 Automated Breast Volume Scanner
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Diagnostic Imaging Laboratories
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Automated Breast Ultrasound System
13.6.2 Automated Breast Volume Scanner
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Diagnostic Imaging Laboratories
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automated Breast Ultrasound System Market: Competitive Dashboard
14.2 Global Automated Breast Ultrasound System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 Siemens
14.3.3 Hitachi
14.3.4 SonoCine
14.3.5 GE
