Global Automated Whole-Breast Ultrasound Market, By Product Type (Automated Breast Ultrasound System and Automated Breast Volume Scanner), End User (Hospitals, Diagnostic Imaging Centres, Clinics and Others), Equipment (Monitor and Arm with the Ultrasound Transducer), Application (Pre- operative Evaluation, Screening and Others) Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Automated Whole-Breast Ultrasound Market
Data Bridge Market Research analyses that the automated whole-breast ultrasound market will exhibit a CAGR of around 15.5% for the forecast period of 2021-2028. Rising awareness about the early screening and diagnosis, increased focus on research and development proficiencies in regards to medical devices and on the adoption of advanced healthcare technologies, growing prevalence of breast cancer globally and rising expenditure on the healthcare infrastructure development especially in the developing economies are the major factors attributable to the growth of automated whole-breast ultrasound market.
Automated whole-breast ultrasound is a computer based system that is used to record and monitors the whole breast to diagnose cancer. The automated whole-breast ultrasound system is considered to be a superior option to mammography when it comes to the detection of cancer. The automated whole-breast ultrasound system provides images in the range of 7 to 12 mHz.
Upsurge in the initiatives taken up by the government to promote automated whole-breast ultrasound systems is one of the major factors fostering the growth of the market. Rising focus on the healthcare technological advancements coupled with increased awareness in regards to the early detection of cancer is another market growth determinant. Rising medical tourism and surge in efforts to promote awareness about the availability of various treatment options will further generate lucrative market growth opportunities.
However, stringent regulations imposed by the government on product approvals will derail the market growth rate. Lack of medical experts and unfavourable reimbursement policies especially in the developing and underdeveloped economies will further pose challenges for the market. Also, high expenditure required for research and development proficiencies and complexity associated with the generation of false results by ultrasound screening will also hamper the market growth rate.
This automated whole-breast ultrasound market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automated whole-breast ultrasound market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automated Whole-Breast Ultrasound Market Scope and Market Size
The automated whole-breast ultrasound market is segmented on the basis of product type, end user, equipment and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product type, the automated whole-breast ultrasound market is segmented into automated breast ultrasound system and automated breast volume scanner.
- Based on end user, the automated whole-breast ultrasound market is segmented into hospitals, diagnostic imaging centres, clinics and others.
- On the basis of equipment, the automated whole-breast ultrasound market is segmented into monitor and arm with the ultrasound transducer.
- On the basis of application, the automated whole-breast ultrasound market is segmented into pre- operative evaluation, screening and others.
Automated Whole-Breast Ultrasound Market Country Level Analysis
The automated whole-breast ultrasound market is analysed and market size insights and trends are provided by country, product type, end user, equipment and application as referenced above.
The countries covered in the automated whole-breast ultrasound market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the automated whole-breast ultrasound market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is because of the presence of key players in this region. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period owing to the growing incidences of breast cancer.
The country section of the automated whole-breast ultrasound market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The automated whole-breast ultrasound market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for automated whole-breast ultrasound market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the automated whole-breast ultrasound market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Automated Whole-Breast Ultrasound Market Share Analysis
The automated whole-breast ultrasound market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automated whole-breast ultrasound market.
The major players covered in the automated whole-breast ultrasound market report are Hitachi, Ltd., Siemens Healthcare GmbH, CANON MEDICAL SYSTEMS CORPORATION, GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., Aspect Imaging Ltd., Bruker, AURORA HEALTHCARE US CORP, FONAR Corp., ESAOTE SPA, Neusoft Corporation., TOSHIBA CORPORATION, Sanrad Medical Systems Private Limited, FUJIFILM Holdings Corporation, ONEX Corporation, Hologic, Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Imaging Diagnostic Systems, Inc, Agfa-Gevaert Group and Koning Corporation among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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