Automated Breast Ultrasound Systems (ABUS) Market is estimated to surpass US$ 275.1 Million by 2028 | General Electric Co., Siemens AG, Hitachi Ltd., QT Ultrasound LLC

Market Overview:

Automated breast ultrasound system is a system that is a computer-based automated system that performs and records entire breast ultrasound. It is used as an adjunct to mammography for screening breast cancers in asymptomatic women with dense breasts.

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Competitive Landscape:

Major players operating in the global automated breast ultrasound system (ABUS) market include, General Electric Co., Hitachi Ltd., Ikonopedia, QT Ultrasound LLC, Siemens AG, and SonoCiné Inc.

Key Market Drivers:

The global automated breast ultrasound system (ABUS) market growth is driven by high prevalence of breast cancer. For instance, in 2020, there were 2.3 million women diagnosed with breast cancer. The disease also led to 685,000 deaths worldwide. As of the end of 2020, 7.8 million women were diagnosed with breast cancer in the past 5 years, according to a report published on the World Health Organization website.

Moreover, increasing adoption of ABUS for early cancer detection and diagnostic accuracy is also expected to aid in growth of the global automated breast ultrasound system (ABUS) market over the forecast period. For instance, in April 2021, Infirmary Health and Thomas Hospital in the U.S. announced offering the Automated Breast Ultrasound system for breast cancer screening.

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Covid-19 Impact Analysis

Globally, as of 4:50pm CET, 19 November 2021, there have been 255,324,963 confirmed cases of COVID-19, including 5,127,696 deaths, reported to WHO. As of 17 November 2021, a total of 7,370,902,499 vaccine doses have been administered. The Centers for Disease Control and Prevention reported that people suffering from cancer, including breast cancer, are at a higher risk of severe illness if they are infected with COVID-19.

Key Takeaways

Increasing adoption of ABUS for early cancer detection and diagnostic accuracy is expected to aid in growth of the global automated breast ultrasound system (ABUS) market over the forecast period. For instance, in July 2021, Bermuda Hospitals Board [Bermuda] announced offering breast ultrasound services.

Major players operating in the global automated breast ultrasound system (ABUS) market are focused on adopting partnership strategies to expand their product portfolio. For instance, in September 2021, Koios Medical, a developer of artificial intelligence (AI) for early cancer detection and diagnostic accuracy, partnered with GE Healthcare to launch the company’s AI software available on GE’s InveniaTM ABUS 2.0 automated whole breast ultrasound scanning system.

Reasons to Purchase this Report

• Current and future of global Automated Breast Ultrasound Systems (ABUS) Market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players

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Table of Contents

1. Research Objectives and Assumptions
   • Research Objectives
   • Assumptions
   • Abbreviations
2. Market Purview
   • Report Description
     • Market Definition and Scope
   • Executive Summary
     • Market Snippet, By Region
     • Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
   • Impact Analysis
   • Technological Advancements
   • Key Highlights
   • Product launch
   • Regulatory Scenario
   • PEST Analysis
   • Mergers and Acquisitions
4. Global Automated Breast Ultrasound System (ABUS) Market, By Region, 2019 – 2027, (US$ Mn)
   • Introduction
     • Market Share Analysis, By Region, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, For Regions, 2017–2026
   • North America
     • Market Size, Volume and Forecast, By Country, 2016 – 2027, (US$ Million and Units)
       • U.S.
       • Canada
   • Latin America
     • Market Size, Volume and Forecast, By Country, 2016 – 2027, (US$ Million and Units)
       • Brazil
       • Mexico
       • Argentina
       • Rest of Latin America
   • Europe
     • Market Size, Volume and Forecast, By Country, 2016 – 2027, (US$ Million and Units)
       • Germany
       • U.K.
       • France
       • Italy
       • Spain
       • Russia
       • Rest of Europe
   • Asia Pacific
     • Market Size, Volume and Forecast, By Country, 2016 – 2027, (US$ Million and Units)
       • China
       • India
       • Japan
       • Australia
       • South Korea
       • ASEAN
       • Rest of APAC
   • Middle East
     • Market Size, Volume and Forecast, By Country, 2016 – 2027, (US$ Million and Units)
       • GCC
       • Israel
       • Rest of Middle East
   • Africa
     • Market Size, Volume and Forecast, By Country, 2016 – 2027, (US$ Million and Units)
       • South Africa
       • Central Africa
       • North Africa