The global automated breast ultrasound market size was estimated to be USD 2.31 billion in 2023 and is expected to reach at USD 11.38 billion by 2034 with a CAGR of 15.60% during the forecast period 2024-2034. Increasing prevalence of cancer, surge in technological advancements, various initiatives to raise awareness about breast cancer & its treatment, rising trend towards sedentary lifestyles, obesity, & shifts in lifestyle habits, increasing alcohol consumption, and growing introduction of technologically advanced products are some of the key factors boosting the market growth.
Growing introduction of technologically advanced products is predicted to boost the market growth during the forecast period. Breast cancer detection, especially in women with dense breast tissue where traditional mammography may have limitations, is addressed by Automated Breast Ultrasound (ABUS). ABUS employs a transducer to produce high-frequency sound waves, converting them into detailed images of the breast tissue. In contrast to manual ultrasound, ABUS operates automatically, systematically scanning the entire breast with the patient lying comfortably on a table and the breast positioned within the ABUS system. The transducer moves across the breast, capturing multiple images from various angles. Specialized software then analyzes these images to generate a comprehensive three-dimensional representation of the breast. For instance, in November 2023, Boston Imaging, the hub for Samsung's digital radiography and ultrasound division in the United States, has introduced the V6 ultrasound system. This advanced system provides extensive imaging features with high-quality 2D, 3D, and color images specifically designed for Women's Health and Urology applications.
By product, automated breast ultrasound system was the highest revenue-grossing segment in the global automated breast ultrasound market in 2023 owing to the user-friendly features of the device, surge in technological improvements, and growing introduction of cutting-edge platforms. For instance, in March 2024, Candelis has unveiled an upgraded breast imaging workstation, bolstering its ImageGrid platform. The enhanced workstation is now capable of viewing and analyzing 3D breast ultrasound images produced by major manufacturers such as GE Healthcare, Siemens Healthineers, Hitachi, and iVu. Additionally, automated breast volume scanner is predicted to grow at the fastest CAGR during the forecast period owing to the growing demand for technologically advanced products to enhance diagnostic capabilities and increasing adoption for identifying tumors, lesions, and other abnormalities in the tissues covering the chest.
By end-user, hospital was the highest revenue-grossing segment in the global automated breast ultrasound market in 2023 owing to the rising cases of breast cancer, growing launch of technologically advanced products by key players, initiatives undertaken by government and non-profit organizations to raise awareness regarding the disease and its treatment procedure. Additionally, diagnostic imaging laboratory segment is anticipated to witness the fastest growth over the forecast period owing to the number of diagnostic centers is on the rise, increasing demand for imaging techniques in cancer treatment, growing prevalence of breast cancer, and surge in the introduction of advanced systems. For instance, in November 2023, At the RSNA 2023 conference in Chicago, GE Healthcare introduced the MyBreastAI suite. This groundbreaking product is designed to simplify the workflow for radiologists and promote the early detection of breast cancer in patients.
North America region is anticipated for the highest revenue share during the forecast period owing to the rising prevalence of cancer, the presence of key players, growing technological developments, and increasing collaborations among market players for the launch of innovative systems. For instance, in February 2023, Abdul Latif Jameel Health, a division of the globally diversified family enterprise Abdul Latif Jameel, has revealed a recent distribution partnership with iSono Health, a San Francisco-based medical technology firm. This collaboration aims to introduce ATUSA, a portable 3D ultrasound breast imaging scanner incorporating automated imaging and artificial intelligence (AI) capabilities. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the surge in awareness initiatives by market players, increasing healthcare spending, and rising introduction of advanced devices. For instance, in February 2023, Inaugurating a new era in breast cancer diagnosis, Amrita Hospital in Kochi has introduced an innovative mammography system. This equipment features a 50-degree-wide-angle view specifically designed for tomosynthesis and biopsy, enhanced with contrast. The distinct contrast-enhanced mammogram aids in detecting malignancies at an earlier stage compared to what is visible on a standard mammogram.
Growing introduction of technologically advanced products is predicted to boost the market growth during the forecast period. Breast cancer detection, especially in women with dense breast tissue where traditional mammography may have limitations, is addressed by Automated Breast Ultrasound (ABUS). ABUS employs a transducer to produce high-frequency sound waves, converting them into detailed images of the breast tissue. In contrast to manual ultrasound, ABUS operates automatically, systematically scanning the entire breast with the patient lying comfortably on a table and the breast positioned within the ABUS system. The transducer moves across the breast, capturing multiple images from various angles. Specialized software then analyzes these images to generate a comprehensive three-dimensional representation of the breast. For instance, in November 2023, Boston Imaging, the hub for Samsung's digital radiography and ultrasound division in the United States, has introduced the V6 ultrasound system. This advanced system provides extensive imaging features with high-quality 2D, 3D, and color images specifically designed for Women's Health and Urology applications.
By product, automated breast ultrasound system was the highest revenue-grossing segment in the global automated breast ultrasound market in 2023 owing to the user-friendly features of the device, surge in technological improvements, and growing introduction of cutting-edge platforms. For instance, in March 2024, Candelis has unveiled an upgraded breast imaging workstation, bolstering its ImageGrid platform. The enhanced workstation is now capable of viewing and analyzing 3D breast ultrasound images produced by major manufacturers such as GE Healthcare, Siemens Healthineers, Hitachi, and iVu. Additionally, automated breast volume scanner is predicted to grow at the fastest CAGR during the forecast period owing to the growing demand for technologically advanced products to enhance diagnostic capabilities and increasing adoption for identifying tumors, lesions, and other abnormalities in the tissues covering the chest.
By end-user, hospital was the highest revenue-grossing segment in the global automated breast ultrasound market in 2023 owing to the rising cases of breast cancer, growing launch of technologically advanced products by key players, initiatives undertaken by government and non-profit organizations to raise awareness regarding the disease and its treatment procedure. Additionally, diagnostic imaging laboratory segment is anticipated to witness the fastest growth over the forecast period owing to the number of diagnostic centers is on the rise, increasing demand for imaging techniques in cancer treatment, growing prevalence of breast cancer, and surge in the introduction of advanced systems. For instance, in November 2023, At the RSNA 2023 conference in Chicago, GE Healthcare introduced the MyBreastAI suite. This groundbreaking product is designed to simplify the workflow for radiologists and promote the early detection of breast cancer in patients.
North America region is anticipated for the highest revenue share during the forecast period owing to the rising prevalence of cancer, the presence of key players, growing technological developments, and increasing collaborations among market players for the launch of innovative systems. For instance, in February 2023, Abdul Latif Jameel Health, a division of the globally diversified family enterprise Abdul Latif Jameel, has revealed a recent distribution partnership with iSono Health, a San Francisco-based medical technology firm. This collaboration aims to introduce ATUSA, a portable 3D ultrasound breast imaging scanner incorporating automated imaging and artificial intelligence (AI) capabilities. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the surge in awareness initiatives by market players, increasing healthcare spending, and rising introduction of advanced devices. For instance, in February 2023, Inaugurating a new era in breast cancer diagnosis, Amrita Hospital in Kochi has introduced an innovative mammography system. This equipment features a 50-degree-wide-angle view specifically designed for tomosynthesis and biopsy, enhanced with contrast. The distinct contrast-enhanced mammogram aids in detecting malignancies at an earlier stage compared to what is visible on a standard mammogram.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
Study Coverage
- Market Forecast by Type, Material, Product, and End-user
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of Top 10+ Major Market Players
- 20% Free Customization Available to Meet Your Exact Requirement.
Segmentation: Automated Breast Ultrasound Market Report 2023 - 2034
Automated Breast Ultrasound Market Analysis & Forecast by Product 2023 - 2034 (Revenue USD Bn)
- Automated Breast Volume Scanner
- Automated Breast Ultrasound System
Automated Breast Ultrasound Market Analysis & Forecast by End-user 2023 - 2034 (Revenue USD Bn)
- Hospitals
- Diagnostic Imaging Laboratories
- Clinics
Automated Breast Ultrasound Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Automated Breast Ultrasound Market: Product Estimates & Trend Analysis
8. Automated Breast Ultrasound Market: End-user Estimates & Trend Analysis
9. Regional Market Analysis
10. North America Automated Breast Ultrasound Market
11. Europe Automated Breast Ultrasound Market
12. Asia Pacific Automated Breast Ultrasound Market
13. Latin America Automated Breast Ultrasound Market
14. MEA Automated Breast Ultrasound Market
15. Competitor Analysis
16. Company Profiles
Companies Mentioned
- Canon Medical Systems Corporation
- Koninklijke Philips N.V.
- Hitachi Ltd.
- Fukuda Denshi
- Telemed Medical Systems
- Hologic Inc.
- Siemens Healthineers AG
- General Electric Company
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 2.31 Billion |
| Forecasted Market Value ( USD | $ 11.38 Billion |
| Compound Annual Growth Rate | 15.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 8 |
