Automated Breast Ultrasound Market Trends – Increasing Volumes of Breast Cancer Screenings in Hospitals and Specialty Clinics

Emergen Research has published its latest report titled “Automated Breast Ultrasound Market, By Product (Automated Breast Ultrasound Systems, Automated Breast Volume Scanners), By Application (Screening, Pre-operative Evaluation), By End-use (Hospitals & Clinics, Diagnostic Centers, Ambulatory Surgery Centers, Others), and By Region Forecast to 2028”

Market Dynamics:

Key factors contributing to the global automated breast ultrasound market revenue growth include increasing prevalence of breast cancer across the globe, growing need for early diagnosis and treatment of breast cancer, increasing volumes of breast cancer screenings in hospitals and specialty clinics, and rising adoption of automated breast ultrasound systems. According to the World Health Organization (WHO), breast cancer is the most common type of cancer diagnosed in women around the world, and approximately 2.1 million women are diagnosed with the disease each year.

Automated breast ultrasound – abbreviated as ABUS – is a next-generation breast ultrasound imaging technique that generates 3D ultrasound images of the breasts using a broadband transducer. Using high-frequency waves and intelligent imaging algorithms, the automated system thoroughly scans the breast tissue to detect cancer. Key advantages of the automated breast ultrasound systems are reduced dependency on the operator, faster and more accurate scanning, enhanced reproducibility, and improved reliability. Rising awareness of the symptoms of breast cancer, increasing government investments in breast cancer research programs, continuous advancements in medical imaging and diagnostic techniques, such as emergence of 3D medical imaging systems, and numerous advantages over traditional breast ultrasound systems are other major factors expected to drive the global market revenue growth.

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COVID-19 Impact Analysis:

• Social distancing and restrictions severely disrupted businesses and operations
• Lockdowns caused disruptions in transportation and logistics
• Impacted manufacturing activities and mining operations globally
• Took a toll on economy of various countries
• Caused sudden and drastic downturn in economic activity
• Disrupted agriculture, fisheries, dairy, and other sectors
• Caused loss of employment and financial crisis
• Supply impacts were further compounded owing to reduced disposable income
• Emergence of variants  continue to cause concerns and impact normal routines

Screening Segment Accounted for Largest Revenue Share in 2020:

Based on application, the global automated breast ultrasound market is segmented into Screening and Pre-operative Evaluation. The screening segment accounted for the largest revenue share in the global market in 2020. Rising prevalence of breast cancer worldwide, rising awareness of early breast cancer diagnosis, increasing volumes of breast cancer screenings in hospitals, specialty clinics, and diagnostic centers, and rising demand for automated breast ultrasound systems are major factors driving this segment’s revenue growth.

Diagnostic Centers Segment to Register Fastest Revenue CAGR:

Based on end-use, the global automated breast ultrasound market is segmented into Hospitals & Clinics, Diagnostic Centers, Ambulatory Surgery Centers, and Others. The diagnostic centers segment is expected to register the fastest revenue CAGR in the global market over the forecast period, owing to factors like rising burden of breast cancer across the globe, increasing volumes of breast cancer screenings, and growing use of automated breast ultrasound systems in diagnostic centers.

North America Accounted for Largest Revenue Share in 2020:

The North America automated breast ultrasound market dominated other regional markets in terms of largest revenue share in the global market in 2020. Growing prevalence of breast cancer, increasing government initiatives to raise breast cancer awareness, rising need for early breast cancer detection and treatment, and increasing availability of advanced medical imaging tools and skilled healthcare professionals are key factors driving the regional market revenue growth. Presence of state-of-the-art healthcare infrastructure and key market players in the region, such as GE Healthcare, Metritrack Inc., and SonoCiné Inc., further boost the North America market growth.

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Major Companies in the Global Automated Breast Ultrasound Market Include:

• Canon Medical Systems
• GE Healthcare
• Hitachi Ltd.
• Koninklijke Philips N.V.
• Metritrack Inc.
• Nova Medical Imaging Technology Co. Ltd.
• QView Medical Inc.
• Siemens AG
• SonoCine Inc.
• SuperSonic Imagine

For the purpose of this report, Emergen Research has segmented the global automated breast ultrasound market based on product, application, end-use, and region:

Product Outlook (Revenue, USD Billion; 2018-2028)

• Automated Breast Ultrasound Systems
• Automated Breast Volume Scanners

Application Outlook (Revenue, USD Billion; 2018-2028)

• Screening
• Pre-operative Evaluation

End-use Outlook (Revenue, USD Billion; 2018-2028)

• Hospitals & Clinics
• Diagnostic Centers
• Ambulatory Surgery Centers
• Others

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Region Outlook (Revenue, USD Billion; 2018-2028)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • U.A.E.
  • South Africa
  • Turkey
  • Rest of Middle East & Africa

Reasons to buy the report:

1. This study segments the Automated Breast Ultrasound market and derives the precise valuation of the overall, as well as segment-based, market across different industry verticals, geographies, and products.
2. The report will help participants understand the trajectory of the progress of the market and provide information on key drivers, restraints, challenges, threats, and opportunities for the growth of the Automated Breast Ultrasound sectors.
3. This Automated Breast Ultrasound report would allow readers to be well-versed with the existing competition and gain more insights to improve their standing in the worldwide business. The competitive landscape considers the dominant competitors, along with product launches and technological advancements, strategic expansions, mergers and acquisitions, and procurement strategies implemented by key players in the Automated Breast Ultrasound market.

Key features of the report:

• To study the key aspects impacting the Automated Breast Ultrasound market size.
• To identify growth prospects in the Automated Breast Ultrasound market.
• To analyze the Automated Breast Ultrasound market segments and deduce the dominant trends observed in the industry.
• To examine the Automated Breast Ultrasound market by investigating the available products, market share, and value proposition of the products.
• To analyze the industry by assessing the scope and application of the Automated Breast Ultrasound market and highlight the growth of each application.

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2020-2030

Chapter 3. Key Insights

Chapter 4. Automated Breast Ultrasound Market Segmentation & Impact Analysis

    4.1. Automated Breast Ultrasound Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers’ analysis

          4.2.3. Market restraints analysis

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Continued…

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