About Automated Breast Ultrasound Systems
Breast cancer is the main health problem, being the most common cancer in women. Early detection of breast cancer aims to the reduction of mortality and morbidity rates. Automated breast ultrasound (ABUS) is a recent technological advancement in the field of breast imaging having the benefit of standardization of the scans and lack of operator dependence as in conventional handheld ultrasound scans. Breast cancer is a major worldwide health problem as it is the most common cancer in women. According to the research it accounts for 22.9% of all new female cancers worldwide and in Egypt for 37.7% of total female cancers and 29.1% of cancer-related death.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Automated Breast Ultrasound Systems market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GE Healthcare (United States), Hitachi (Japan), Koninklijke Philips N.V. (Netherlands), Siemens (Germany), SonoCine (United States), QView Medical (United States), Seno Medical Instruments (United States), Volpara Solutions (New Zealand), Delphinus Medical Technologies (United States) and CapeRay (South Africa) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are SuperSonic Imagine (France), Nova Medical Imaging TechnologyLtd. (United States), Theraclion (France), MetriTrack (United States) and Toshiba Company (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Automated Breast Ultrasound Systems market by Type (Automated Breast Ultrasound Systems(ABUS) and Automated Breast Volume Scanner (ABVS)), Application (Hospitals and Diagnostic Imaging Centers) and Region.
On the basis of geography, the market of Automated Breast Ultrasound Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Ergonomic, the sub-segment i.e. Portable will boost the Automated Breast Ultrasound Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Metal will boost the Automated Breast Ultrasound Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Prevalence of breast cancer among women
Market Growth Drivers:
The growing number of awareness campaigns from governments and Increased accuracy of the automated breast ultrasound system
Challenges:
The high cost of ultrasound systems compared to ordinary cancer screening systems
Restraints:
Stringent regulations in various countries
Opportunities:
The Advancement of ABUS Technology and Rising demand for early diagnosis and treatment of breast cancer is expected to offer lucrative growth opportunities for players in the global automated breast ultrasound system (ABUS) market.
Market Leaders and their expansionary development strategies
In February 2023, Abdul Latif Jameel Health, part of the international diversified family business Abdul Latif Jameel, has announced a new distribution agreement with iSono Health, a medical technology company in San Francisco, USA, for introducing a 3D ultrasound portable breast imaging scanner that uses automated imaging and artificial intelligence (AI).
In July 2022, GE Healthcare Launches Premium Ultrasound Device with Voluson Expert 22. Providing enhanced imaging capabilities through the device’s Lyric Architecture, the Voluson Expert 22 ultrasound system accommodates a variety of body sizes.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Automated Breast Ultrasound Systems Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.