Automated Breast Ultrasound System Market is slated to grow at approximately 10% CAGR during the forecast period 2021 – 2031

Rising prevalence of breast cancer across the globe and increasing government initiatives undertaken to encourage breast cancer awareness have significantly fuelled the demand for automated breast ultrasound system, according to ESOMAR-certified Future Market Insights’ (FMI) latest research report. As per the study, the global automated breast ultrasound system market is slated to grow at approximately 10% CAGR over the forthcoming decade.

Key manufacturers are actively focusing on developing faster, accurate and minimal invasive ultrasound breast imaging system. According to report published in National Library of Medicine, integration of mammography with automated breast ultrasound system increased the sensitivity of the system to 99.1%.

The combination drastically improves cancer detection rate among dense breasted women and reduces the interpretation time. Prominent manufacturer GE Healthcare launched a new automated breast ultrasound system named “Invenia” in U.S in October 2018. The main function of the system is to identify the presence of mammographically occult cancer especially in women with dense tissues.

With various other developments on cards, the automated breast ultrasound system market is expected to showcase impressive growth between 2021 and 2031.

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Key Takeaways from FMI’s Automated Breast Ultrasound Systems Market Study

Increasing government investment to promote breast cancer awareness among women will bolster demand across the U.S.

The U.K is expected to experience noteworthy growth as governments and private organizations aim at curbing high mortality rate due to breast cancer.

Presence of modern healthcare infrastructure will increase automated breast ultrasound system adoption across Germany

Saudi Arabia will offer lucrative opportunities owing to rapid urbanization and emergence of advance diagnostics centers.

India is expected to exhibit increasing demand owing to increase in per capita income and to growing incidence of breast cancer among women.

Hospitals are expected to lead the market driven by faster accessibility modern tool and availability of skilled professionals.

“Visibly rising consumer inclination towards radiation free imaging and diagnostics systems is likely to intensify sales of automated breast ultrasound system among diagnostics laboratories,” says the FMI analyst.

Competitive Landscape

GE Electric Co., Siemens A.G., Hitachi Ltd., SonoCiné Inc., Koninklijke are some prominent players operating in the automated breast ultrasound system market. They are focusing on improving the accuracy of automated breast ultrasound system for faster assessment of cancer screening in addition to getting government approval for their products.

For instance, Hitachi being the global leader in smart life & eco-friendly systems launched its latest automated breast ultrasound system “SOFIA” capable of scanning and acquiring image of the complete breast.

Koninklijke launched Philips EPIQ and Affiniti ultrasound systems as a part of its automated breast ultrasound system product range. Philips EPIQ is laced with an integrated eL18-4 transducer and employs anatomical intelligence for accurate imaging of the breast with high tissue density.

Key Points Covered

Market estimates and forecast 2015-2031

Key drivers and restraints impacting market growth

Segment-wise, Country-wise, and Region-wise Analysis

Competition Mapping and Benchmarking

Brand share and Market Share Analysis

Key Product Innovations and Regulatory Climate

COVID-19 Impact on Automated Breast Ultrasound System Market and How to Navigate

Recommendation on Key Winning Strategies

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Key Segments Covered

By End User

Hospitals

Diagnostic Imaging Laboratories

Region

North America

U.S.

Canada

Latin America

Brazil

Mexico

Argentina

Rest of Latin America

Western Europe

EU-5

BENELUX (Belgium, Netherlands, Luxembourg)

NORDIC (Denmark, Finland, Iceland, Norway, Sweden)

Rest of Europe

Eastern Europe

Poland

Russia

Rest of Eastern Europe

Japan APEJ (Asia Pacific excluding Japan)

China

India

ASEAN Countries

Australia & New Zealand

Rest of APEJ

MEA

GCC Countries

South Africa

Israel

Turkey

Iran

Rest of Middle East & Africa

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