Automated Breast Ultrasound Systems (ABUS) Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, France, Japan, Canada - Size and Forecast 2024-2028

Automated Breast Ultrasound Systems (ABUS) Market Size 2024-2028

The automated breast ultrasound systems (abus) market size is forecast to increase by USD 666.5 million at a CAGR of 14.8% between 2023 and 2028.

• The market is experiencing significant growth due to the increasing demand for breast imaging products in response to the rising prevalence of breast cancer cases worldwide. This trend is further fueled by ongoing funding and capital investments in the development of advanced ABUS software to improve image quality and accuracy. However, the market is not without challenges. One major concern is the issue of software corruption in ultrasound machines, which can impact the reliability and effectiveness of ABUS. To capitalize on market opportunities and navigate these challenges effectively, companies must focus on developing robust and secure software solutions, while also collaborating with regulatory bodies to establish industry standards and best practices.
• By staying abreast of technological advancements and regulatory developments, market players can position themselves for long-term success in the evolving ABUS landscape.

What will be the Size of the Automated Breast Ultrasound Systems (ABUS) Market during the forecast period?

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• The automated breast ultrasound (ABUS) market is experiencing significant growth due to the rising incidence of breast cancer and the need for advanced screening tools. ABUS systems utilize fusion imaging and AI-based solutions to enhance cancer detection, particularly in women with dense breast tissue or those who are unable to undergo mammography due to certain medical conditions. The market is driven by the increasing number of non-essential screenings and elective surgeries, as well as the diagnostic procedural volume. Obesity, alcohol consumption, sedentary lifestyle, and smoking are contributing factors to breast cancer risk, further fueling the demand for early detection.
• ABUS systems use high-frequency sound waves to produce 3D monochromatic images, enabling radiologists to better identify breast lesions. Wearable ultrasound devices offer convenience and portability, making them an attractive alternative to traditional mammography. Diagnostic imaging laboratories and radiologists are increasingly adopting ABUS systems for cancer detection, as they offer improved accuracy and reduced false positives compared to traditional methods. The market is also influenced by the availability of digital cancer screening and the ongoing advancements in 3D imaging techniques. Furthermore, the market is expected to benefit from the increasing focus on preventative care and the growing awareness of mammographically occult cancer.
• The use of transducer technology in ABUS systems is a key trend, as it allows for more precise imaging and improved patient comfort. In summary, the ABUS market is experiencing growth due to the rising breast cancer incidence, the need for advanced screening tools, and the increasing focus on preventative care. The market is driven by the adoption of fusion imaging, AI-based solutions, and 3D imaging techniques, as well as the availability of wearable ultrasound devices and digital cancer screening. Skilled radiologists play a crucial role in accurately interpreting the images generated by ABUS systems.

How is this Automated Breast Ultrasound Systems (ABUS) Industry segmented?

The automated breast ultrasound systems (abus) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

• End-user
  • Diagnostic centers
  • Hospitals and clinics
• Geography
  • North America
    • US
    • Canada
  • Europe
    • France
    • Germany
  • Middle East and Africa
  • APAC
    • Japan
  • South America
  • Rest of World (ROW)

By End-user Insights

The diagnostic centers segment is estimated to witness significant growth during the forecast period.

Diagnostic centers serve as crucial institutions in the healthcare sector, utilizing various imaging techniques to assess a patient's health condition. These centers employ specialists who interpret imaging results, such as X-rays, mammograms, ultrasounds, and MRIs. The adoption of Advanced Breast Ultrasound Systems (ABUS) is increasing in these centers due to their ability to provide three-dimensional, real-time imaging of breast structures. GE Healthcare is one of the companies supplying ABUS to diagnostic centers, with installations like Invenia ABUS at South Central Regional Medical Center in June 2018. Radiologists and healthcare professionals use these advanced systems to detect breast lesions, particularly in women with dense breast tissue, which can be challenging to diagnose through mammography.

False positives can lead to unnecessary biopsies and anxiety for patients, making the sensitivity of imaging capabilities essential. ABUS can reduce false positives and improve diagnostic accuracy. Lifestyle factors, such as sedentary lifestyles, obesity, alcohol consumption, and smoking, contribute to an increased risk of breast cancer. Early detection through digital cancer screening, including mammography and ultrasound, is crucial for reducing breast cancer mortality. Wearable ultrasound devices and awareness campaigns are also gaining popularity as preventative care measures. Specialty centers and diagnostic imaging laboratories are other significant end-users of ABUS. Computer-aided detection and AI-based solutions are being integrated into imaging systems to enhance diagnostic accuracy and reduce workload for radiologists.

Extracorporeal therapeutic ultrasound and 3D imaging techniques are also evolving to provide more precise diagnoses. The diagnostic procedural volume continues to increase due to factors like the aging population, growing awareness, and expanding healthcare coverage. This trend is driving the demand for advanced imaging systems like ABUS, ensuring their role as a vital component of the diagnostic process.

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The Diagnostic centers segment was valued at USD 263.60 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 31% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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In North America, the market for Advanced Breast Ultrasound (ABUS) systems holds a significant share due to several factors. The American Cancer Society and the Radiological Society of North America advocate for regular mammograms and breast examinations for women over 40, contributing to a high diagnostic procedural volume. The prevalence of breast cancer in the US is substantial, with it being one of the most common types of cancer, affecting over 279,000 women in 2020. This increasing incidence, coupled with breast cancer monitoring and guidance programs by government and private entities, drives the growth of the market.

Furthermore, the expansion of cancer-specialized hospitals and clinics, the emergence of breast cancer diagnostic centers, and the introduction of new ABUS products fuel market development. Healthcare professionals increasingly rely on advanced imaging techniques, such as three-dimensional imaging, real-time imaging, and 3D monochromatic images, to enhance diagnostic capabilities and improve sensitivity. AI-based solutions, computer-aided detection, and extracorporeal therapeutic ultrasound are also gaining popularity for their role in early detection and reducing false-positive biopsies. The market is further propelled by the growing awareness of breast health, preventative care programs, and digital cancer screening. Despite the benefits, challenges such as false positives, dense breast tissue, and obesity remain, necessitating continuous innovation in ABUS technology.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in the adoption of Automated Breast Ultrasound Systems (ABUS) Industry?

• Increasing demand for breast imaging products owing to the growing prevalence of breast cancer cases is the key driver of the market.

• The rising incidence of breast cancer is driving the growth of the market. Breast cancer can be caused by several factors, including family history, age, obesity, breast density, high alcohol consumption, exposure to estrogen, radiation therapy, and hormone replacement therapy. According to recent research, the number of breast cancer cases is on the rise, leading to an increased demand for diagnostic tools such as ABUS.
• Oncologists prefer using breast imaging products like ABUS due to their high diagnostic accuracy and ability to provide clear images, even in dense breast tissue. With the global increase in breast cancer cases, the need for ABUS is becoming increasingly important. This trend is expected to continue, fueling market growth in the coming years.

What are the market trends shaping the Automated Breast Ultrasound Systems (ABUS) Industry?

• Funding and capital investments for the development of ABUS is the upcoming market trend.

• Companies in the breast imaging industry are advancing technology to enhance diagnostic accuracy. To bring these innovations to market, they require substantial financial support. For instance, QT Imaging Inc., a private company specializing in automated breast ultrasound systems, secured funding for the development of their product, QTscan. This system, which produces high-resolution transmission ultrasound images without radiation, compression, or injections, received FDA 510(K) clearance in February 2019.
• Companies' focus on capital acquisition allows them to invest in research and development, ultimately improving breast cancer diagnosis and patient care.

What challenges does the Automated Breast Ultrasound Systems (ABUS) Industry face during its growth?

• Software corruption in ultrasound machines is a key challenge affecting the industry growth.

• The market faces a significant challenge due to software corruption in ultrasound machines. This issue typically arises from improper shutdowns, where users fail to follow the correct procedures, leading to system malfunctions and data integrity problems. According to recent research, software corruption accounts for approximately 30% of ultrasound machine failures, causing operational disruptions in the ABUS sector. The consequences of software corruption go beyond individual machine issues, impacting the market as a whole. When ultrasound systems experience software problems, the reliability of diagnostic imaging is compromised, potentially leading to misdiagnoses or delays in breast cancer detection.
• This not only affects the patients but also undermines the credibility of the ABUS market. It is crucial for users to adhere to proper shutdown procedures to mitigate the risks of software corruption and ensure accurate and timely breast cancer diagnoses.

Exclusive Customer Landscape

The automated breast ultrasound systems (abus) market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the automated breast ultrasound systems (abus) market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, automated breast ultrasound systems (abus) market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

Becton Dickinson and Co. - The company specializes in advanced breast imaging technology, including automated ultrasound systems like Aceso. These systems leverage innovative imaging algorithms to provide precise, consistent results, enhancing diagnostic accuracy and improving patient care. By automating the ultrasound process, these systems reduce operator dependency and increase efficiency, making breast examinations more accessible and convenient for healthcare providers and patients alike.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Becton Dickinson and Co.
• Blessing System
• Canon Inc.
• CapeRay Medical Pty Ltd.
• Carestream Health Inc.
• Delphinus Medical Technologies Inc.
• Esaote Spa
• FUJIFILM Corp.
• General Electric Co.
• Hitachi Ltd.
• Hologic Inc.
• iVu Imaging Corp.
• Koninklijke Philips N.V.
• MetriTrack Inc.
• QT Imaging Inc.
• QView Medical Inc.
• Seno Medical Instruments Inc.
• Shantou Institute of Ultrasonic Instruments Co. Ltd.
• Shenzhen Mindray BioMedical Electronics Co. Ltd
• Siemens AG
• SonoCine Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Research Analyst Overview

Automated Breast Ultrasound Systems (ABUS) have emerged as a significant innovation in the diagnostic imaging market, offering enhanced capabilities for cancer detection in women with dense breast tissue. This technology utilizes high-frequency sound waves to generate three-dimensional monochromatic images, providing radiologists with more detailed and precise information than traditional handheld ultrasound. ABUS systems have gained popularity due to their ability to reduce false positives, a common issue with mammography. The sedentary lifestyle prevalent in many communities, coupled with an increase in lifestyle factors such as obesity and alcohol consumption, has led to a higher incidence of breast cancer. As a result, the demand for advanced screening tools like ABUS has grown.

The use of ABUS systems is not limited to diagnostic imaging centers; they are also being adopted by community health centers and hospitals. The technology's ability to offer real-time imaging and three-dimensional imaging techniques has made it an essential screening tool for breast lesions. The integration of AI-based solutions in ABUS systems has further enhanced their diagnostic capabilities. These systems can analyze large volumes of data and provide accurate results, reducing the workload on radiologists and improving overall efficiency. Despite the benefits, the adoption of ABUS systems faces challenges. The high cost of the technology and the need for skilled radiologists to interpret the images are significant barriers to widespread adoption.

Moreover, the debate around the necessity of elective surgeries and non-essential screenings, coupled with the fear of false-positive biopsies, has led to a cautious approach towards adopting new technologies. The market for ABUS systems is expected to grow as awareness programs and early detection initiatives gain traction. The increasing prevalence of breast cancer and the need for more accurate and less invasive diagnostic tools are driving the demand for ABUS systems. The integration of ABUS systems with digital cancer screening and wearable ultrasound devices is a promising trend. These advancements offer the potential for more accessible and convenient screening options, which could increase the adoption rate of the technology.

The role of healthcare professionals in promoting awareness and education about breast cancer and the importance of regular screenings cannot be overstated. The integration of ABUS systems into preventative care programs and specialty centers can lead to earlier detection and better outcomes for patients. In conclusion, the market for Automated Breast Ultrasound Systems is poised for significant growth, driven by the need for more accurate and less invasive diagnostic tools for breast cancer. The integration of AI-based solutions, real-time imaging, and three-dimensional imaging techniques offers the potential for improved diagnostic capabilities and increased efficiency. However, challenges such as cost and the need for skilled radiologists remain significant barriers to widespread adoption.

The role of healthcare professionals in promoting awareness and education about breast cancer and the importance of regular screenings is crucial in driving the adoption of ABUS systems.

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What are the Key Data Covered in this Automated Breast Ultrasound Systems (ABUS) Market Research and Growth Report?

• CAGR of the Automated Breast Ultrasound Systems (ABUS) industry during the forecast period
• Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
• Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
• Accurate predictions about upcoming growth and trends and changes in consumer behaviour
• Growth of the market across North America, Europe, Asia, and Rest of World (ROW)
• Thorough analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the automated breast ultrasound systems (abus) market growth of industry companies

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