Automated Breast Ultrasound Systems Market | 2032

Automated Breast Ultrasound Systems Market | 2032

Segments - Automated Breast Ultrasound Systems Market by Product (Automated Breast Volume Scanner and Automated Breast Ultrasound System), End-user (Diagnostic Imaging Centers, Specialty Centers, Hospitals, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2024–2032

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Author : Raksha Sharma
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Editor : Vishal Golekar

Upcoming | Report ID :HC-6263 | 4.8 Rating | 78 Reviews | 210 Pages | Format : Docx PDF Excel PPT

Report Description


Automated Breast Ultrasound Systems Market Outlook 2032

The global automated breast ultrasound systems market size was USD 1.72 Billion in 2023 and is projected to reach USD 3.96 Billion by 2032, expanding at a CAGR of 9.7% during 2024–2032. The market growth is attributed to the growing emphasis on early disease detection and diagnosis.

Increasing demand for advanced diagnostic technologies led to the growing demand for automated breast ultrasound systems (ABUSs), thereby boosting the market. ABUS finds expanding utility across various sectors, including diagnostics imaging centers, hospitals, and specialty clinics. These provide three-dimensional images of breast tissue for diagnostics purposes to detect abnormalities with high precision and efficiency for clinicians. Moreover, the growing population of women suffering from breast cancer further boosts the market.

  • As per the report published by the American Cancer Society on January 17, 2024, approximately 310,720 women are diagnosed with invasive breast cancer, and 42,250 are expected to succumb to it.


Impact of Artificial Intelligence (AI) in the Automated Breast Ultrasound Systems Market

The use of artificial intelligence is likely to boost the automated breast ultrasound systems market. AI technologies are enhancing the interpretation of imaging data to facilitate early detection and improving treatment planning for breast cancer. Moreover, AI-driven predictive analytics and risk stratification models enable personalized patient care, guiding clinicians in tailoring treatment strategies based on individualized disease profiles and prognostic factors.

Automated Breast Ultrasound Systems Market Dynamics

Automated Breast Ultrasound Systems Market Dynamics


Major Drivers

Increasing awareness regarding the importance of early breast cancer detection is anticipated to drive the market during the forecast period. Initiatives from healthcare organizations and governments across the globe to promote breast cancer screening programs help to raise awareness among women. Additionally, the growing prevalence of breast cancer cases globally necessitates the need for advanced diagnostic tools, including ABUS, to enhance early detection rates, which further boosts the market.

  • According to the report published by the WHO on July 12, 2023, around 2.3 million women were diagnosed with breast cancer in 2020.

Existing Restraints

High cost associated with automated breast ultrasound systems (ABUS) is expected to hamper the market in the coming years. The initial investment required for purchasing ABUS equipment as well as recurring costs associated with maintenance, training, and software updates reduce their widespread adoption in various healthcare facilities and diagnostic centers. Furthermore, the limited availability of skilled healthcare professionals to operate advanced automated breast ultrasound systems further hinders the market during the forecast period.

Emerging Opportunities

­Rising investments in research and development activities are anticipated to create immense opportunities for the players competing in the market during the forecast period. Manufacturers are focusing on improving image quality, enhancing system ergonomics, and integrating advanced software solutions for image analysis and interpretation. Furthermore, the integration of multi-parametric imaging protocols and functional imaging biomarkers into ABUS platforms enhances diagnostic accuracy further propelling the market.

Scope of the Automated Breast Ultrasound Systems Market Report

The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics are included in the report.

Attributes Details
Report Title Automated Breast Ultrasound Systems Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year 2023
Historic Data 2017 -2022
Forecast Period 2024–2032
Segmentation Product (Automated Breast Volume Scanner and Automated Breast Ultrasound System) and End-user (Diagnostic Imaging Centers, Specialty Centers, Hospitals, and Others)
Regional Scope Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
Key Players Covered in the Report Canon Medical Systems, USA; CapeRay; Delphinus Medical Technologies, Inc; General Electric; Hitachi, Ltd; Koninklijke Philips N.V; MetriTrack, Inc; Nova Medical; Olympus Corporation; QView Medical; Real Imaging & Research center; Seno Medical; Siemens Healthcare Private Limited; SIUI; SonoCiné; Supersonic Imagine; Theraclion; and Volpara Health Limited
 


Automated Breast Ultrasound Systems Market Segment Insights

Product Segment Analysis

Based on product, the automated breast ultrasound systems market is divided into automated breast volume scanner and automated breast ultrasound system. The automated breast ultrasound system (ABUS) segment held the major share of the market in 2023, as they offer enhanced imaging capabilities and improved diagnostic accuracy as compared to traditional ultrasound methods, making them preferred tools for breast cancer screening and detection.

The automated breast volume scanner (ABVS) segment is expected to expand at a significant growth rate in the coming years, due to the growing demand for personalized medicine and targeted breast cancer therapies. These factors underscore the importance of comprehensive imaging modalities, including ABVS in facilitating precise diagnosis and treatment planning. Furthermore, the expanding market presence of ABVS manufacturers and strategic partnerships with healthcare organizations are boosting the segment.

Automated Breast Ultrasound Systems Market Product

End User Segment Analysis

On end user the basis of , the global market is segregated into diagnostic imaging centers, specialty centers, hospitals, and others. The hospitals segment is anticipated to expand at a substantial CAGR during the forecast period, due to the availability of specialized breast imaging departments and skilled healthcare professionals in these types of medical facilities. Hospitals adopt automated breast ultrasound systems for breast cancer screening and diagnosis. Moreover, hospitals often attract a high patient pool for advanced diagnostics, which further contributes to the high demand for automated breast ultrasound systems in hospital settings.

 Automated Breast Ultrasound Systems Market End - User

Regional Outlook

In terms of region, the global automated breast ultrasound systems market is classified as Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. North America held a major market share in 2023, due to the presence of advanced healthcare infrastructure and robust research & development activities, facilitating the widespread adoption of innovative medical technologies, including automated breast ultrasound systems. Moreover, the high prevalence of breast cancer cases further boosts the market in this region.

The market in Asia Pacific is projected to expand at a significant pace in the coming years, owing to the growing aging population as well as increase in breast cancer incidence and diagnostic needs.

  • According to a report published by the United States Census Bureau on June 21, 2022, there are 414 million Asia-based people aged 65 and above. This number is approximately 20% higher than the total US population in 2020. Furthermore, the report states that by the year 2060, 33.7% of Eastern Asia's population is estimated to be aged 65 and above.

     Automated Breast Ultrasound Systems Market Region

Segments

The automated breast ultrasound systems market has been segmented on the basis of

Product

  • Automated Breast Volume Scanner
  • Automated Breast Ultrasound System

End-user

  • Diagnostic Imaging Centers
  • Specialty Centers
  • Hospitals
  • Others

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Canon Medical Systems, USA
  • CapeRay
  • Delphinus Medical Technologies, Inc
  • General Electric
  • Hitachi, Ltd
  • Koninklijke Philips N.V
  • MetriTrack, Inc
  • Nova Medical
  • Olympus Corporation
  • QView Medical
  • Real Imaging & Research center
  • Seno Medical
  • Siemens Healthcare Private Limited
  • SIUI
  • SonoCiné
  • Supersonic Imagine
  • Theraclion
  • Volpara Health Limited

Competitive Landscape

Key players competing in the global automated breast ultrasound systems market are Canon Medical Systems, USA; CapeRay; Delphinus Medical Technologies, Inc; General Electric; Hitachi, Ltd; Koninklijke Philips N.V; MetriTrack, Inc; Nova Medical; Olympus Corporation; QView Medical; Real Imaging & Research center; Seno Medical; Siemens Healthcare Private Limited; SIUI; SonoCiné; Supersonic Imagine; Theraclion; and Volpara Health Limited

These companies use development strategies including mergers, acquisitions, partnerships, collaboration, and product launches to expand their consumer base globally.

  • On November 17, 2023, SAMSUNGHEALTHCARE, a healthcare technology provider, recently unveiled new ultrasound system, the V6. This system is specially designed to cater to the needs of women's health. It offers comprehensive imaging capabilities in 2D, 3D, and color image quality. The V6 has received clearance from the US Food and Drug Administration for the commercial use. It is budget-friendly and designed to meet the workflow and productivity requirements of healthcare providers.
     Automated Breast Ultrasound Systems Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automated Breast Ultrasound Systems Market Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Automated Breast Ultrasound Systems Market Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Automated Breast Ultrasound Systems Market Market - Supply Chain
  4.5. Global Automated Breast Ultrasound Systems Market Market Forecast
     4.5.1. Automated Breast Ultrasound Systems Market Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automated Breast Ultrasound Systems Market Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Automated Breast Ultrasound Systems Market Market Absolute $ Opportunity
5. Global Automated Breast Ultrasound Systems Market Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Automated Breast Ultrasound Systems Market Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Automated Breast Ultrasound Systems Market Demand Share Forecast, 2019-2026
6. North America Automated Breast Ultrasound Systems Market Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Automated Breast Ultrasound Systems Market Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Automated Breast Ultrasound Systems Market Demand Share Forecast, 2019-2026
7. Latin America Automated Breast Ultrasound Systems Market Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Automated Breast Ultrasound Systems Market Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Automated Breast Ultrasound Systems Market Demand Share Forecast, 2019-2026
8. Europe Automated Breast Ultrasound Systems Market Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Automated Breast Ultrasound Systems Market Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Automated Breast Ultrasound Systems Market Demand Share Forecast, 2019-2026
9. Asia Pacific Automated Breast Ultrasound Systems Market Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Automated Breast Ultrasound Systems Market Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Automated Breast Ultrasound Systems Market Demand Share Forecast, 2019-2026
10. Middle East & Africa Automated Breast Ultrasound Systems Market Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Automated Breast Ultrasound Systems Market Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Automated Breast Ultrasound Systems Market Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Automated Breast Ultrasound Systems Market Market: Market Share Analysis
  11.2. Automated Breast Ultrasound Systems Market Distributors and Customers
  11.3. Automated Breast Ultrasound Systems Market Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Methodology

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