Automated Breast Ultrasound (ABUS) is a next-gen technological upgrade in ultrasound imaging that was developed to generate ultrasound images using a broadband transducer to capture 3D ultrasound data of the whole breast. The Automated Breast Ultrasound System was developed to reduce the dependency on the operator during the ultrasound process and enable quick scanning. Additionally, it enhances the reproducibility, consistency, sensitivity, and reliability of individual breast ultrasound.
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The rising prevalence of breast cancer among women worldwide and the awareness of the connection between breast density and breast cancer is creating lucrative opportunities for the automated breast ultrasound market. The automated breast ultrasound system uses high-frequency waves to scan the breast tissue and, through 3D images, detects cancer accurately in dense breast tissues. Specific automated breast ultrasound systems give results within minutes by using a touchscreen, transducer, automated compression, and intelligent imaging algorithms.
As per the statistics given by the World Health Organization (WHO), breast cancer is the leading cancer type among women in the world. It is also the second most cause of death in women worldwide. The statistics suggest that nearly 2.1 million women are diagnosed with breast cancer annually.
Moreover, almost 40-50% of the diagnosed women of the age group 40-74 have dense breast tissue, thereby increasing the probability of getting false-negative mammogram results. The automated breast ultrasound system has been primarily developed to obtain accurate 3D images of the entire breast to reduce the false-negative results.
Market Scope:
One of the report’s central components is the broad Automated Breast Ultrasound market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report.
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Automated Breast Ultrasound Market: Competitive Landscape
Rising strategic collaborations between significant players of the Automated Breast Ultrasound Market is expanding the market scope and is one of the key business strategies adopted by the prominent players. Manufacturers and vendors in emerging countries are actively investing in the healthcare and mammography sector to develop advanced medical technology, which is, in turn, expected to drive the growth of the market over the projected period.
Key companies operating in the market are as follows:
Siemens AG
General Electric Company
SonoCine, Inc.
Hitachi, Ltd.
Koninklijke Philios N.V.
Canon Medical Systems
Nova Medical Imaging Technology Co. Ltd.
Seno Medical Instruments
GE Healthcare
Delphinus Medical Technologies, Inc.
iVu Imaging Corporation
Others
Automated Breast Ultrasound Market Segmentation
Product Type
Automated Breast Ultrasound System
Automated Breast Volume Scanner
Application
Screening
Pre-operative Evaluation
End-User
Hospitals
Ambulatory Surgical Units
Diagnostic Centres
Others
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Key Highlights of the Report:
A comprehensive overview of the Automated Breast Ultrasound Market along with a detailed analysis of the changing dynamics of the market
In-depth analysis of the Automated Breast Ultrasound Market segmentation covering product types, applications, and end-user industries
Extensive coverage of the competitive landscape covering company profiling, strategic business expansion plans, collaborations, and product portfolio
Historical, current, and projected analysis of the Automated Breast Ultrasound Market size with regards to volume, value, and share
A thorough analysis of the market spread across key regions of the world
Analysis of market drivers, restraints, limitations, industry trends, and developments
Strategic recommendations to established players and new entrants to overcome barriers and fortify their presence in the industry
Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The all-inclusive report on the Global Automated Breast Ultrasound Market demonstrates that the global Automated Breast Ultrasound market is presumed to grow at a steady CAGR throughout the forecast timeline. The report analyzed the key market drivers, restraints, growth opportunities, investment opportunities, threats, and limitations of the Automated Breast Ultrasound market. The report also offers accurate forecast estimation at a global and regional level to impart a better understanding of the scope of the market.
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Automated Breast Ultrasound market?
What are the key product types and applications of the Automated Breast Ultrasound industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Automated Breast Ultrasound market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Automated Breast Ultrasound Market by 2027?
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