Automated Breast Ultrasound System Market Size, Share, Growth, Sales, Demand and Competition Examined till 2027 in a New Market Report

Posted on 2018-08-09 by Mark Hub in Healthcare // 0 Comments

Fact.MR

Rockville, US, 2018-Aug-09 — /EPR Network/ — Ultrasound has gained traction as more portable and less expensive diagnostic imaging tool, as compared to CT and MRI. However, several limitations are associated with the technology such as lengthy test durations, dependence on skill & expertise of operator. In a bid to resolve these concerns, prominent companies such as SonoCine, U-Systems, Inc., and Siemens Healthcare, have developed automated breast ultrasound system (ABUS), which utilizes high-frequency sound waves to provide the physicians with 3D volumetric image. Such 3D images are more beneficial for women with dense breast tissues, as they enable radiologists to examine the breast cancers from various angles and deliver a better interpretation. Moreover, the operator dependency is drastically reduced, as transducer employed in ABUS scans the breast automatically.

Key Takeaways from Fact.MR’s Report on Automated Breast Ultrasound System Market

North America will continue to account for bulk share of the global automated breast ultrasound system market. The U.S. is expected to remain the most lucrative country for the market growth in North America, on account of growing breast cancer prevalence and adoption of advanced screening technologies. Presence of leading market participants, favorable government initiatives, and reimbursement scenario are key growth determinants for automated breast ultrasound system market in North America.
Asia-Pacific excluding Japan (APEJ) is estimated to be the fastest expanding market for automated breast ultrasound system through 2027. Revenues from the market in Europe will remain comparatively larger than those from APEJ, and lower than those from North America.
On the basis of care type, Hospitals will continue to spearhead the global automated breast ultrasound system market, in terms of revenues. However, revenues from care provided by diagnostic centers will increase at a relatively higher CAGR through 2027.

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Breast cancer has prevailed as most commonly diagnosed cancer type, and has become the second leading cause of mortality among women, according to statistics unveiled by National Breast Cancer Foundation. With growing awareness about breast cancer, number of screening procedures has proliferated, thereby propelling demand for advanced diagnostic and follow-up care technologies such as automated breast ultrasound systems in diagnostic centers and hospitals. Facilitated screening of denser breast’s tissues, along with the provision of superior image quality, has offered automated breast ultrasound system (ABUS) a competitive edge over the handheld ultrasound system (HHUS).

As automated breast ultrasound system are approved by the FDA for screening in coordination with mammography, in case of women with denser breast tissues, radiologists are increasingly opting for the technology. On the back of high quality 3D images offered by ABUS, surgeons are employing the system for pre-operative breast evaluation to identify tumor size and location accurately. However, high cost, and lack of skilled radiologists needed for ABUS have made surgeons to opt for HHUS for pre-operative evaluation.

Governments across the globe are launching awareness campaigns for encouraging women with breast cancer to take professional help and undergo diagnosis. Public Health England, for example, launched a campaign – Be Clear on Cancer’ in 2015 for raising awareness on breast cancer among women over seventy years old. In addition, the Breast Cancer Now Catalyst Programme encouraged and offered tremendous support to research and development in diagnosis and treatment of breast cancer. Awareness campaigns on breast cancer are further expected to influence demand for automated breast ultrasound system.

Competition Landscape

Fact.MR’s report has identified key players underpinning expansion of the global automated breast ultrasound system market, which include GE Healthcare, Delphinus Medical Technologies, Inc., Siemens AG, SonoCine Inc., and Hitachi, Ltd. Product innovation will continue to be a key strategy among the market players to gain a competitive edge. A breakthrough innovation, called “Automated Breast Volume Scanner (ABVS)” has been recently introduced by Siemens Healthcare, which provides volume images of breasts, and helps in exhaustive screening using ultrasound.

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Table of Content:

Global Economic Outlook
Global Automated Breast Ultrasound System Market – Executive Summary
2.1. Opportunity Analysis
Global Automated Breast Ultrasound System Market Overview
3.1. Introduction
3.1.1. Global Automated Breast Ultrasound System Market Taxonomy
3.1.2. Global Automated Breast Ultrasound System Market Definition
3.2. Global Automated Breast Ultrasound System Market Size (US$ Mn) and Volume (Units) Forecast, 2012-2026
3.2.1. Global Automated Breast Ultrasound System Market Y-o-Y Growth
3.3. Global Automated Breast Ultrasound System Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Pricing Analysis
3.7. Forecast Scenario
3.8. PESTL Analysis
3.9. Region Wise Product Positioning Assessment
3.10. Mammography Vs. Automated Breast Ultrasound : Key Differentiators
3.11. Global ABUS Market Revenue Snapshot By Region
3.12. Investment Feasibility Matrix
3.13. Global ABUS Market Attractiveness Analysis By Region
3.14. Key Participants Market Presence (Intensity Map) By Region
Global Automated Breast Ultrasound System Market Analysis and Forecast 2012-2026
4.1. Global Automated Breast Ultrasound System Market Size and Forecast By Care Type, 2012-2026
4.1.1. Hospitals Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Diagnostic Imaging Laboratories Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
North America Automated Breast Ultrasound System Market Size and Forecast, 2012-2026
5.1. North America Outlook
5.2. North America Parent Market Outlook
5.3. North America Target Market Outlook
5.4. Revenue (US$ Mn) & Volume (Units) Comparison, By Country
5.4.1. US Market Size and Forecast (US$ Mn), 2012-2026
5.4.2. Canada Market Size and Forecast (US$ Mn), 2012-2026
5.5. Revenue (US$ Mn) & Volume (Units) Comparison, By Care Type

Continued……………..

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