Global Automated Breast Ultrasound System Market Investigation Highlights Growth in CAGR 9.3% For the period 2018 to 2027 | Top Key Players- GE Healthcare, Delphinus Medical Technologies, Inc., Siemens AG, SonoCine Inc., and Hitachi, Ltd.

Fact.MR has published a new research report titled “Automated Breast Ultrasound System Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2027” to its online database that tries to unveil the various scenarios prevailing in the Automated Breast Ultrasound System Market. This assessment delivers a smart compilation of primary and secondary data which provides a clear insight about the future plans expected to impact the Automated Breast Ultrasound System Market. This study comprises of prominent data which makes it a beneficial source for investors, analysts and industry experts to acquire necessary knowledge associated to the fundamental market trends, opportunities and growth drivers during the stated forecast period. 

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The global automated breast ultrasound system market will exhibit a volume CAGR of 11.1% during the forecast period (2018-2027), according to a new analytical research study of Fact.MR. The report estimates the global automated breast ultrasound system market to reach nearly US$ 345 Mn in revenues by 2027-end.

ABUS gaining Competitive Edge over HHUS

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.

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Standardized Training Imperative for Radiologists

Increased sensitivity of the FDA-approved ABUS, nearly 97%, when utilized in conjunction with mammography illustrates this technology’s lucrativeness as a screening tool for women with dense breast tissues. However, certain areas of ABUS are required to be addressed prior to its future developments by companies and market penetration, as the technology is relatively new. One such are directly relates to radiologists. Although ABUS curtails the requirement for a skilled operator, radiologists would now need formal training. As the familiarity of radiologists with ABUS is not as similar as that with other imaging technologies, and as scans offered are volumetric 3D images, correct interpretation of these images will further entail the requirement for standardized training for radiologists.

Several studies have been carried out for evaluating influence of 3D automated breast ultrasound system (3D ABUS), when integrated with full-field digital screening mammography (FFDSM). These studies have shown significant improvements in invasive breast cancer diagnosis rate coupled with acceptable recall increase, when 3d ABUS was added to FFDSM in women having ACR3/ACR4 breast density. 3D ABUS has been deemed to be promising adjunct method to the FFDSM programs of high-volume screening centers.

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.
Leading players in the global automated breast ultrasound system market have been following a strategic inorganic expansion roadmap. GE Healthcare, for instance, acquired U-Systems, Inc., for expanding its portfolio of breast care innovations. Philips and SonoCine, Inc., entered into a partnership for making developments in ABUS imaging. Acquisitions and partnership activities among market players have significantly influenced development of automated breast ultrasound system. Key market players profiled by Fact.MR’s report are SonoCine Inc., Koninklijke Philips N.V., Hitachi, Ltd., Siemens AG, Delphinus Medical Technologies, Inc., and GE Healthcare.

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
Continued……………..

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