Cart-based Conventional Breast Ultrasound Systems Market - By End-use (Hospitals, Diagnostics Laboratories) – Global Forecast to 2032
Published Date: August - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationCart-based Conventional Breast Ultrasound Systems Market Size
Cart-based Conventional Breast Ultrasound Systems Market size surpassed USD 277 million in 2022 and is expanding at 6.2% CAGR over the projection period (2023-2032). Growing awareness regarding early diagnosis in response to launch of various breast cancer awareness programs will positively impact the market growth.
Imagine a medical tool that can see inside your breasts without any pain or discomfort. That's cart-based conventional breast ultrasound, a safe and effective way to check for lumps, cysts, and other breast issues. This ultrasound machine is like a portable doctor's office on wheels. It's got a big computer with a screen, keyboard, and all the controls. It also has a special printer and compartments to store extra tools. With breast cancer on the rise worldwide, this ultrasound technology is becoming more and more important. It helps doctors find problems early on, when they're easier to treat.
The number of women undergoing breast cancer diagnosis has increased considerably over the years, thereby impelling the demand for cart-based conventional breast ultrasound systems. Moreover, rapid technological advancements in cart-based conventional breast ultrasound systems will create a paradigm shift in the healthcare diagnostics industry. Manufacturers are presently focused on introducing innovative cart-based conventional breast ultrasound systems products in the market thereby, bolstering industry size in the forthcoming years.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Cart-based Conventional Breast Ultrasound Systems Market Size in 2022 | USD 277.9 Million |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 6.2% |
| 2032 Value Projection | USD 514.6 Million |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 175 |
| Tables, Charts & Figures | 106 |
| Segments covered | End-use, and Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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COVID-19 Impact
The COVID-19 pandemic had a significant impact on the cart-based conventional breast ultrasound systems market. The pandemic disrupted global supply chains, that led to shortages of medical products, including cart-based conventional breast ultrasound systems. Due to a shortage of both non-essential and vital medical devices and supplies, the pandemic caused chaos in the medical sector as a whole. In addition, the worldwide supply chain was disrupted, impacting the production and shipping of cart-based conventional breast ultrasound systems. In addition, the worldwide supply chain was disrupted, impacting the production and shipping of breast ultrasound systems. The pandemic caused a strain on the hospitals and various healthcare facilities globally, resulting in adverse financial constraints that led to reduced expenditure on capital equipment for products and services that breast ultrasound systems companies were offering.
Cart-based Conventional Breast Ultrasound Systems Market Trends
Cart-based conventional breast ultrasound systems offer a cost-effective alternative to larger, more expensive imaging modalities like MRI. They are relatively more affordable, both in terms of equipment cost and maintenance, making them accessible to a wider range of healthcare facilities. Moreover, their portability allows for easy portability and deployment in different clinical settings, including outpatient clinics, remote areas, and mobile screening programs. Additionally, rising awareness related to breast cancer, its diagnosis as well as treatment alternatives owing to numerous awareness campaigns will stimulate the breast imaging market growth in the forthcoming years. Moreover, growing awareness pertaining to the availability of technologically advanced diagnostic equipment in developed countries as well as developing nations will boost market development. For instance, in Australia, the National Breast Cancer Foundation, Inc. recognizes October as breast cancer awareness month annually. The primary aim of the annual campaign is to expand the overall knowledge regarding early detection and prevention of breast cancer among women. This will favour the adoption of screening tests by the population and drive the overall growth of the industry.
Cart-based Conventional Breast Ultrasound Systems Market Analysis
The market for cart-based breast ultrasound systems is divided into hospitals, diagnostic labs, and other places where the machines are used. In 2022, hospitals accounted for over 45% of the market, thanks to the rise of breast cancer cases and the wide use of these systems for screening and diagnosing breast tissue. Hospitals have trained staff and cutting-edge equipment, which helps them get a bigger share of the market. As more people become aware of new technologies and the number of breast cancer deaths rises, the overall market for cart-based breast ultrasound systems is expected to grow even more.
U.S. cart-based conventional breast ultrasound systems market accounted for more than USD 80 million in 2022 and will grow momentously more than USD 160 million by 2032. high incidence of breast cancer, technological advancements, high healthcare expenditure, and developed healthcare infrastructure in the region. Favourable regulatory scenario along with increasing funding for breast cancer research are other prominent factors stimulating market growth. The increasing funding from public and private organizations to generate awareness regarding breast cancer will contribute towards growth of the market. Moreover, the strong focus of major companies in the region will boost the market's expansion.
Cart-based Conventional Breast Ultrasound Systems Market Share
Some of the notable key industry players operating in the cart-based conventional breast ultrasound systems market include
- GE Healthcare
- Philips Healthcare
- Siemens Healthineers
- Canon Medical Systems
- Samsung Medison
- Hitachi Healthcare
- Esaote
- Fukuda Denshi
- Analogic Corporation
- Fujifilm SonoSite
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd
- Seno Medical
These market participants are implementing various growth strategies such as collaborations, partnerships, acquisitions & mergers, and new product development and launches to strengthen product offerings as well as gain a competitive edge over others.
Cart-based Conventional Breast Ultrasound Systems Industry News
- In September 2022, Philips announced multi-year cross-continental partnership with RAD-AID International to enhance access to ultrasound services in low- and middle-income countries for 50 million people. Such initiatives have positively influenced the product demand in the emerging market.
- In December 2021, GE Healthcare acquired BK Medical, a leader in advanced surgical visualization. This acquisition helped GE Healthcare to adds the fast-growing and relatively new field of real-time surgical visualization to GE’s pre- and post-operative ultrasound capabilities.
Cart-based conventional breast ultrasound systems market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments Click here to Buy Section of this Report
By End-use (USD Million)
- Hospitals
- Diagnostic laboratories
- Others
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Switzerland
- The Netherlands
- Czech Republic
- Poland
- Norway
- Belgium
- Finland
- Hungary
- Denmark
- Ireland
- Sweden
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- New Zealand
- Taiwan
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- Israel
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