The global automated breast ultrasound system market will exceed USD 2 billion by 2024 as growing awareness through various programs and favorable government initiatives fuel this industry growth. Automated breast volume scanner (ABVS) market is slated to exceed USD 950 million by 2024, growing at more than 20% CAGR.
ABVS holds benefits such as high reproducibility of images, reduced scan time, delivery of coronal view 3D images with high sensitivity. It also provides high resolution imaging with innovative applications such as fatty tissue imaging and elasticity imaging. Automated breast ultrasound system (ABUS) held more than 45% of industry share in 2015, growing product penetration owing to its improved diagnostic capabilities will stimulate industry demand. Automated Breast Volume Scanner (ABVS) is set to witness a robust 21% CAGR, with the ability to detect small tumors quickly in conjunction with breast imaging will maintain segment growth.
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Automated breast ultrasound system market is dominated by few giant players such as are General Electric Company, Siemens, Hitachi, SonoCine, Siemens, Toshiba and Koninklijke Philips. New technologies are being introduced by players such as Siemens Healthcare, and SonoCine in automated breast ultrasound system market through collaborations and strategic alliances. The new ABVS technology recently approved by FDA, detects small cancer tumors in less time, as well as increases sensitivity and reproducibility of 3D images.
U.S. automated breast ultrasound system(ABUS) market led the regional industry owing to increasing prevalence and adoption of advanced breast screening technologies. Favorable government initiatives, reimbursement scenario and presence of leading market players will stimulate automated breast ultrasound system market growth.
China automated breast ultrasound system market share was more than 60% of regional revenue in 2015, with target market size set to reach around USD 1 billion by 2024. Growing population, increasing breast cancer prevalence and growing awareness regarding early detection of breast cancer should expand revenue.
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Major points from the Table of Contents of this breast ultrasound system market research include:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Automated Breast Ultrasound System Industry Insights
Chapter 4. Automated Breast Ultrasound System Market Insights, By Product
Chapter 5. Automated Breast Ultrasound System Market Insights, By End-User
Chapter 6. Automated Breast Ultrasound System Market Insights, By Region
Chapter 7. Company Profiles
Data Tables
Charts & Figures
Complete ABUS market report of 118 pages is now available at https://www.marketstudyreport.com/reports/automated-breast-ultrasound-system-abus-market/ .
Related Report:
Global Breast Ultrasound Devices Market Research Report Forecast 2017 to 2022
On a related note, this research on Global Breast Ultrasound Devices Market available on MarketStudyReport.com, provides comprehensive analysis of key market segments and sub-segments, evolving market trends and dynamics, changing supply and demand scenarios, quantifying market opportunities through market sizing and market forecasting, tracking current trends/opportunities/challenges, competitive insights as well as opportunity mapping in terms of technological breakthroughs. The research analysts provide an elaborate description of the value chain and its distributor analysis. Companies like Hologic, Inc., GE Healthcare, Siemens Healthcare, Phillips Healthcare, Fujifilm Holdings Corporation, Gamma Medica, Inc., Toshiba Corporation, Sonocin, Inc. and Aurora Imaging Technology, Inc. are profiled in this research available at https://www.marketstudyreport.com/reports/global-breast-ultrasound-devices-market-research-report-forecast-2017-to-2022/ .
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