Automated Breast Ultrasound Systems Market to Reach USD 7.23 Billion by 2033 at a 14% of CAGR, Driven by Rising Breast Cancer Screening Demand

Automated Breast Ultrasound Systems Market
Automated Breast Ultrasound Systems Market

The global automated breast ultrasound systems (ABUS) market, valued at USD 1.95 billion in 2023, is set to witness remarkable growth, reaching USD 7.23 billion by 2033 at a CAGR of 14%. This expansion is fueled by the rising prevalence of breast cancer, increasing awareness of early detection, and advancements in ultrasound imaging technology.

ABUS technology is revolutionizing breast cancer screening by offering enhanced imaging for dense breast tissues, where traditional mammography may fall short. The growing demand for non-invasive, radiation-free diagnostic methods has accelerated the adoption of these automated systems in hospitals, diagnostic centers, and specialty clinics.

Government initiatives promoting breast cancer awareness and early detection programs, particularly in developed nations, are further boosting market growth. Additionally, technological innovations in artificial intelligence-assisted ultrasound interpretation are enhancing diagnostic accuracy and efficiency, making ABUS a preferred choice for radiologists and healthcare providers.

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Key Takeaways:

  • Market Growth: The ABUS market is projected to grow at a CAGR of 14%, reaching USD 7.23 billion by 2033.
  • Increased Demand: Rising cases of breast cancer and the need for early detection are key market drivers.
  • Technological Advancements: AI-powered imaging solutions and automated diagnostics are revolutionizing breast cancer screening.
  • Government Support: Awareness campaigns and funding for early cancer detection programs are fueling adoption worldwide.

Market Overview

  • Current Valuation: The market is valued at USD 1.95 billion in 2023 and is expected to grow significantly, reaching USD 7.23 billion by 2033.
  • Technological Advances: The market is driven by advancements in ultrasound technology, which allow for better imaging capabilities and more accurate detection of breast lesions.

Key Drivers of Growth

  1. Rising Incidence of Breast Cancer:
    • The increasing prevalence of breast cancer globally is a major factor driving demand for automated breast ultrasound systems. Early detection through advanced imaging techniques is crucial for improving patient outcomes.
  2. Demand for Accurate Diagnostic Tools:
    • There is a growing need for reliable and accurate diagnostic tools, particularly for women with dense breast tissue where traditional mammography may be less effective. Automated breast ultrasound systems provide enhanced imaging that can detect abnormalities more effectively.
  3. Technological Innovations:
    • Continuous improvements in automated breast ultrasound technology, including enhanced imaging capabilities and integration with artificial intelligence, are making these systems more appealing to healthcare providers.
  4. Increased Awareness and Screening Initiatives:
    • Rising awareness about breast cancer screening and the importance of early detection is encouraging more women to seek comprehensive screening solutions, thereby boosting market demand.
  5. Government and Organizational Support:
    • Initiatives from governments and health organizations aimed at promoting breast cancer awareness and screening programs are expected to further drive the adoption of automated breast ultrasound systems.
  6. Shift Towards Non-Invasive Procedures:
    • Automated breast ultrasound systems offer a non-invasive alternative to traditional diagnostic methods, reducing patient discomfort and improving the overall screening experience.

Market Trends

  • The market is witnessing a trend towards the use of automated systems in both hospital settings and outpatient facilities, as they can improve workflow efficiency and patient throughput.
  • There is an increasing focus on streamlining imaging workflows to enhance the speed and accuracy of diagnoses.

Key Companies Profiled

GE Healthcare; Hitachi Ltd; SonoCine Inc; Philips Healthcare; Siemens Healthineers; Supersonic Imagine; Toshiba Corporation; QT Ultrasound LLC; Adaltis S.r.l.; Volpara Health Technologies; Delphinus Medical Technologies, Inc; General Electric Company; Hologic, Inc; Telemed Systems, Inc

Automated Breast Ultrasound Systems Market by Category

By End User:

  • Hospitals
  • Diagnostic Imaging Laboratories

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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