Breast Ultrasound Market Size By Product Type (Conventional Ultrasound, Automated Ultrasound), By End-use (Hospitals, Diagnostics Laboratories)

Description

List of Tables

Global Automated Breast Ultrasound Systems (ABUS) Market size will expand exponentially through 2032. Favorable reimbursement policies for breast ultrasound and digital breast tomosynthesis in the U.S. is paving the path for industry growth. Under the Affordable Care Act, the American Cancer Society Cancer Action Network offers comprehensive coverage for breast cancer screening. It also encourages states to increase their healthcare coverage for people from low-income groups through the state Medicaid programs.

Moreover, the limited capability of mammography in analyzing dense breast tissues has further increased the adoption of automated breast ultrasound systems. ABUS provides clearer and more detailed images, enhancing the visualization and characterization of cancerous lesions. This results in accurate and timely diagnosis and helps reduce false negatives by detecting cancers that may not have detected through mammography.

The overall automated breast ultrasound systems market is segmented based on product, end-use, and region.

Based on the product, the automated breast volume scanner (ABVS) market share will grow at more than 15% CAGR from 2023 to 2032. Recent advancements in ABVS are presenting lucrative opportunities for segment expansion. Some ABVS systems now incorporate AR visualization technology, allowing radiologists to view and interact with the 3D images in a virtual environment. AR technology provides a more intuitive and immersive experience, enhancing the radiologist's ability to interpret the images for better patient outcomes.

Based on end-use, automated breast ultrasound systems market value from the diagnostic imaging centers segment will amass lucrative gains over 2023-2032. Growing healthcare expenditure in developing economies such as India and China has increased the number of diagnostic imaging centers, creating a notable impetus for segment growth. Moreover, these facilities have high availability of specialized diagnostic tools, which has made them a preferred healthcare provider.

These centers also offer a range of imaging modalities, allowing for a multi-modal approach to breast cancer detection. Combining multiple imaging techniques, such as mammography, ultrasound, and MRI, enhances the accuracy and sensitivity of detection, further driving product demand.

On the regional front, Europe automated breast ultrasound systems market will be worth USD 1.2 billion by 2032. Rising prevalence of breast cancer attributed to the growing adoption of a sedentary lifestyle and inadequate eating habits has increased product uptake in the region. Moreover, industry players in the region, such as Koninklijke Philips N.V. and others, are investing in product innovations to broaden their customer base, thus, creating a favorable growth outlook for the regional ABUS industry.

Product Code: 5867

Chapter 1 Methodology & Scope

1.1 Methodology
1.2 Market scope & definitions
1.3 Base estimates and calculations
- 1.3.1 North America
- 1.3.2 Europe
- 1.3.3 Asia Pacific
- 1.3.4 Latin America
- 1.3.5 MEA
1.4 Forecast calculations
1.5 Data validation
1.6 COVID-19 impact analysis at global level
1.7 Data sources
- 1.7.1 Secondary
  - 1.7.1.1 Paid sources
  - 1.7.1.2 Unpaid sources
- 1.7.2 Primary

Chapter 2 Executive Summary

2.1 Breast ultrasound market industry 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Product type trends
- 2.1.4 End-use trends

Chapter 3 Breast Ultrasound Industry Insights

3.1 Industry segmentation
3.2 Industry ecosystem analysis
3.3 Industry impact forces
- 3.3.1 Growth drivers
  - 3.3.1.1 Growing prevalence of breast cancer worldwide
  - 3.3.1.2 Rising technological advancements in breast ultrasound systems
  - 3.3.1.3 Rising awareness and favourable government initiatives regarding breast cancer
  - 3.3.1.4 Increased reimbursement for breast ultrasound in the U.S.
- 3.3.2 Industry pitfalls & challenges
  - 3.3.2.1 High cost of the automated breast ultrasound system devices
  - 3.3.2.2 Lack of skilled or trained personnel in the developing and underdeveloped region
3.4 Growth potential analysis
- 3.4.1 By product type
- 3.4.2 By end-use
3.5 COVID- 19 impact analysis
3.6 Technological advancements
3.7 Regulatory landscape
- 3.7.1 U.S.
- 3.7.2 Europe
3.8 Porter's analysis
3.9 PESTEL analysis

Chapter 4 Competitive landscape

4.1 Introduction
4.2 Company matrix analysis, 2021
4.3 Competitive dashboard
4.4 Company market share, 2021
4.5 Competitive analysis of major market players
4.6 Competitive positioning matrix
4.7 Strategic outlook matrix

Chapter 5 Breast Ultrasound Market and Forecast, By Product Type (USD Million)

5.1 Key trends, by product type
1.1 Conventional ultrasound
1.2 Automated ultrasound

Chapter 6 Breast Ultrasound Market and Forecast, By End-use (USD Million)

2.1 Key trends, by end-use
2.2 Hospitals
2.3 Diagnostic laboratories
2.4 Others

Chapter 7 Breast Ultrasound Market and Forecast, By Region (USD Million)

3.1 Key regional trends
3.2 North America
- 3.2.1 U.S.
- 3.2.2 Canada
3.3 Europe
- 3.3.1 Germany
- 3.3.2 UK
- 3.3.3 France
- 3.3.4 Spain
- 3.3.5 Italy
- 3.3.6 Switzerland
- 3.3.7 Netherlands
- 3.3.8 Czech Republic
- 3.3.9 Poland
- 3.3.10 Belgium
- 3.3.11 Finland
- 3.3.12 Hungary
- 3.3.13 Denmark
- 3.3.14 Ireland
- 3.3.15 Sweden
3.4 Asia Pacific
- 3.4.1 China
- 3.4.2 Japan
- 3.4.3 Australia
- 3.4.4 South Korea
- 3.4.5 New Zealand
- 3.4.6 Taiwan
3.5 Latin America
- 3.5.1 Brazil
- 3.5.2 Mexico
- 3.5.3 Argentina
3.6 Middle East & Africa
- 3.6.1 South Africa
- 3.6.2 Saudi Arabia
- 3.6.3 UAE
- 3.6.4 Israel

Chapter 8 Company Profiles

4.1 CapeRay Medical
4.2 Delphinus Medical Technologies, Inc
4.3 General Electric Company
4.4 Hitachi, Ltd.
4.5 Koninklijke Philips N.V.
4.6 Siemens Healthineers AG
4.7 Canon Medical Systems Corporation
4.8 Fukuda Denshi
4.9 Hologic; Inc.
4.10 Seno Medical Instruments Inc.
4.11 Shenzen Mindray Bio-Medical Electronics Co., Ltd.
4.12 Samung Electronics Co., Ltd.
4.13 FujiFilm Holdings Corporation