Automated Breast Ultrasound System Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2027

Published on : Apr-2018 | List of Tables : 37 | List of Figures : 33 | No. of Pages : 170 | Report Code : FACT585MR |

Breast mammography has gained popularity as the standard diagnostic screening tool in the women’s healthcare, aiding detection and intervention of breast cancers in early stages. Prevalence of breast cancer has been increasing significantly over the past few years. The American Cancer Society recorded over 245,000 new cases of breast cancer in 2016 in the U.S. Despite immense research, mammography alone is not effective for all populations of women, particularly in women having dense breast tissues.

Ultrasound has gained traction as more portable and less expensive diagnostic imaging tool, as compared to CT and MRI. However, several limitations are associated with the technology such as lengthy test durations, dependence on skill & expertise of operator. In a bid to resolve these concerns, prominent companies such as SonoCine, U-Systems, Inc., and Siemens Healthcare, have developed automated breast ultrasound system (ABUS), which utilizes high-frequency sound waves to provide the physicians with 3D volumetric image. Such 3D images are more beneficial for women with dense breast tissues, as they enable radiologists to examine the breast cancers from various angles and deliver a better interpretation. Moreover, the operator dependency is drastically reduced, as transducer employed in ABUS scans the breast automatically.

global automated breast ultrasound system market

A recently compiled report of Fact.MR envisages the global market for automated breast ultrasound system to record a value CAGR of 9.3% over the period of forecast, 2018 to 2027. Over 1,800 units of automated breast ultrasound systems are foreseen to be sold worldwide by 2027-end.

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.

Competition Landscape

Fact.MR’s report has identified key players underpinning expansion of the global automated breast ultrasound system market, which include GE Healthcare, Delphinus Medical Technologies, Inc., Siemens AG, SonoCine Inc., and Hitachi, Ltd. Product innovation will continue to be a key strategy among the market players to gain a competitive edge. A breakthrough innovation, called “Automated Breast Volume Scanner (ABVS)” has been recently introduced by Siemens Healthcare, which provides volume images of breasts, and helps in exhaustive screening using ultrasound.

Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR

Fact.MR’s exclusive forecast study on the global automated breast ultrasound system market traces the evolution of automated breast ultrasound system as products and provides key presumptive scenarios on the growing demand for the near future. With a decadal period of assessment, 2017-2026, the report offers forecast on the expansion of global automated breast ultrasound system market which reflects the latest market trends and industry undercurrents. This report contains volumes of valuable information interpreted in the form of market size estimations, manufacturing insights, trends analysis and value chain breakdown.

Report Synopsis

Manufacturers of automated breast ultrasound system can avail this report to gain competitive advantage in the market, particularly by understanding how the demand for automated breast ultrasound system will evolve in the coming years. Assessing the cross-comparable statistics of the report, which offers validated connections between total market sizes, market shares, and segmental values is a key research advantage of this study. Company shares and geographic diversities for the global automated breast ultrasound system market have been illustrated in a conclusive manner.

Tested research methodologies employed for developing this report assure that forecasted market size valuations follow a specific growth pattern on the basis of impact of causative factors. This information reveals the dynamics of the global automated breast ultrasound system market across parameter such as

  • Changing regulations on automated breast ultrasound system manufacturing
  • Platforms for cost-effective procurement of raw materials
  • Technological advancements in the working of automated breast ultrasound system
  • Supply chain challenges
  • Impediments for penetrating untapped markets

A cumulative effect of such factors provides the driving force for expansion of the global automated breast ultrasound system market. This study clarifies the impact of growth drivers, sales restraints, market trends and business opportunities with the forecasted findings.

Market Taxonomy

Region

Care Type

North America

Hospitals

Latin America

Diagnostic Centers

Europe

 

Japan

 

APEJ

 

MEA

 

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

Competitive Landscape

A holistic scope of automated breast ultrasound system as a product in the healthcare industry has been covered in the report. Manufacturers of automated breast ultrasound system can refer to the datapoints that reveal the application purview of automated breast ultrasound system in diagnostics. Niche market players can avoid extending product lines for automated breast ultrasound system types that have reached maturity in terms of development and use. Saturated automated breast ultrasound system manufacturers can improve their attractiveness to capture new investments in the future.

Every prominent automated breast ultrasound system manufacturer in the world has been profiled and analyzed in this report. Information on current market standings of automated breast ultrasound system manufacturers extends the scope of competitor analysis provided in the study. Multidisciplinary analysis on market players have revealed their latest strategies, albeit, such critical information has been represented in an unbiased manner.

Assessing Insights on Expanding Global Footprint

Understanding the lucrativeness of regions is a key challenge for companies in the global automated breast ultrasound system market. Information of country-specific markets and regional undercurrents is being offered to expand the knowledge of automated breast ultrasound system companies. Insights on low-wage countries, regions with favorable industrial regulations and concentered consumer marketplaces can influence the expansion strategies of manufacturers.

The scope of this report is to address major concerns of automated breast ultrasound system manufacturers in terms of product development, sales growth and geographic expansion. Inferences in the report are aimed to help market players take informed steps towards future market direction.

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Automated Breast Ultrasound System Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2027