openPR Logo
Press release

Automated Breast Ultrasound Systems (ABUS) Market Forecast to 2024

08-17-2018 03:30 PM CET | Health & Medicine

Press release from: Coherent Market Insights

Automated Breast Ultrasound Systems (ABUS) Market Forecast

Breast cancer is the most commonly diagnosed type of cancer and the second leading cause of death among women, as evident from stats revealed by the National Breast Cancer Foundation. Growing awareness of breast cancer has increased number of women undergoing breast screening and in turn would propel demand for automated breast ultrasound systems (ABUS) in hospitals and diagnostic centers. ABUS enables physicians to screen women, especially with denser breasts and provides superior image quality, thus providing them a competitive edge over handheld ultrasound systems (HHUS)

Request Sample Copy of this Business Report @ https://www.coherentmarketinsights.com/insight/request-sample/78

The global automated breast ultrasound systems market was valued at US$ 236.5 million in 2015 and is expected to expand at a CAGR of 21.6% during the forecast period (2016 – 2024).

ABUS are primarily used for screening purpose in adjunct to mammography

ABUS are approved by the U.S. FDA for screening in conjunction with mammography for dense breasts. Radiologists are inclined towards adoption of ABUS as they provide high quality 3D images. Surgeons are adopting this system for pre-operative evaluation of breast to accurately identify the tumor size and location. HHUS are mainly preferred for preoperative evaluation as compared to ABUS, due to high cost associated with ABUS and lack of skilled radiologists to operate the ABUS system during the crucial preoperative period.

High prevalence of breast cancer and awareness campaigns driving demand for ABUS in developed countries

Factors attributable to the growth of ABUS in North America and European markets include increased patient awareness, high uptake of early breast screening, and availability of funds to install relatively expensive ABUS.

According to the World Health Organization (WHO), 232,924 new cases of breast cancer were diagnosed in 2013. Moreover, the American Cancer Society estimates that until 2016 there are over 2.8 million breast cancer survivors in the U.S.

According to the Cancer Research UK, the incidence rate of breast cancer in the U.K is expected to rise by 2% from 2014 to 2035

Public Health England launched a campaign called ‘Be Clear on Cancer’ (2015) to raise breast cancer awareness among women over 70 years. Moreover, research and development in the field is encouraged through the Breast Cancer Now Catalyst Programme (2016).

High prevalence coupled with government awareness drives are driving demand for ABUS in the U.S. and U.K.

Increasing awareness programs related to breast cancer driving demand in Asia-Pacific region

Asia-Pacific possess immense revenue potential for the growth of ABUS market. Demand for ABUS in Asia-Pacific in terms of volume is expected to increase at a CAGR of 24.4% during 2016 – 2024. Lack of awareness had deterred the uptake of early breast screening until various cognizance initiatives were undertaken by ABUS manufacturers and non-profit and regional cancer organizations. Some noteworthy initiatives include The Pink Initiative organization in India, Breast Cancer Initiative East Africa Inc. and Pink Ribbon Breakfast initiative by Cancer Australia. Moreover, denser breast tissues in the Chinese population is driving demand for ABUS in China at a rapid pace.

Ask for customization @ https://www.coherentmarketinsights.com/insight/request-customization/78

Automated breast ultrasound systems manufacturers are following inorganic strategies to increase their footprint

Inorganic growth roadmap is the key strategy followed by market leaders. For instance, GE Healthcare acquired U-Systems, Inc. in 2014 to expand their breast care innovations portfolio. Philips partnered with SonoCine, Inc. in 2014 to provide ABUS imaging for its ultrasound systems. Hitachi Aloka Medical America, Inc. entered into a strategic alliance with iVu Imaging Corporation in 2014, gaining exclusive distribution rights for iVu’s SOFIA (ABUS) system in North America. This agreement helped iVu Imaging Corporation to get access to the expanded channel and also helped both the companies to leverage the technical expertise of the other which further improved the performance of SOFIA.

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automated Breast Ultrasound Systems (ABUS) Market Forecast to 2024 here

News-ID: 1186099 • Views: 187

More Releases from Coherent Market Insights

Body Integrated Programmable Interface Market Growth Analysis by Revenue, Size, …
Wearable or body integrable components or systems that are used to augment physical capabilities of humans. Investments and research activities to enhance human capabilities by combining physical and digital technologies are expected to gain traction in the near future. In May 2016, a duo project for development of a wearable arm that could be attached to the human wrist and provide extra assistance in daily activities as a set of
Global Cryptocurrency ATM Market | Historical Background and Future Investment P …
Cryptocurrency ATMs are the easiest means to buy cryptocurrencies, which also support selling of the digital currencies. Owing to their capability to support multiple forms of cryptocurrencies and ability to support any national currencies across the globe, these machines have gained significant traction over the past few years. Prominent growth factor fueling demand is the proliferation of these digital assets or currencies, across the globe and growing acceptance of these
Smart Governments Market : Demand Analysis and Precise Outlook
The implementation of advanced technologies, innovative policies, and business models to address the environmental, financial, and service challenges faced by governmental organizations is known as smart government. The concept of smart government is based on communication network and information systems. Increasing adoption of smart technologies by various governmental bodies has resulted in growth of smart government market. Furthermore, increasing demand for smart technology by consumer and requirement to secure data
Vehicle Electrification Market Analysis By Manufacturers Aisin Seiki, Borgwarner …
Global vehicle electrification market was valued at US$ 57.50 billion in 2016, is projected to exhibit a CAGR of 8.82% over the forecast period (2017-2025), to be valued at US$ 121.60 billion by 2025. Requirement to improve automotive fuel economy by replacing the mechanical linkages with electrical or electronic components is among the major trend that has gained traction in the automotive sector. These automotive functions includes the starters, steering,

All 5 Releases


More Releases for ABUS

Global Overhead Cranes Market 2018 - Konecranes, Terex, KITO GROUP, ABUS
Apex Market Reports, recently published a detailed market research study focused on the “Overhead Cranes Market” across the global, regional and country level. The report provides 360° analysis of “Overhead Cranes Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Overhead Cranes on
Automated Breast Ultrasound Systems (ABUS) Market - Global Industry Analysis 202 …
Automated Breast Ultrasound Systems – The Future of Breast Screening Breast cancer is the most commonly diagnosed type of cancer and the second leading cause of death among women, as evident from stats revealed by the National Breast Cancer Foundation. Growing awareness of breast cancer has increased number of women undergoing breast screening and in turn would propel demand for automated breast ultrasound systems (ABUS) in hospitals and diagnostic centers. ABUS
Automated Breast Ultrasound Systems (ABUS) Market to Grow Globally
Use of conventional handheld ultrasound systems (HHUS) is time consuming and requires technical skills in analyzing the images. The advent of automated breast ultrasound systems (ABUS) has helped alleviate this issue. In 2015, the U.S. Food & Drug Administration (FDA) approved ABUS for supplemental screening of women with dense breasts. Its usage in preoperative evaluation is also increasing in order to identify the presence and amount of cancer tissues, prior
Automated Breast Ultrasound Systems (ABUS) Market - Global Industry Analysis 202 …
Use of conventional handheld ultrasound systems (HHUS) is time consuming and requires technical skills in analyzing the images. The advent of automated breast ultrasound systems (ABUS) has helped alleviate this issue. In 2015, the U.S. Food & Drug Administration (FDA) approved ABUS for supplemental screening of women with dense breasts. Its usage in preoperative evaluation is also increasing in order to identify the presence and amount of cancer tissues, prior
New dual PIR-outdoor motion detector by ABUS Security-Center
This outdoor motion detector is a passive infrared motion detector with a dual PIR element. It responds to any type of heat movement and is therefore the ideal pre-event for burglar alarm systems or video monitoring systems. With protection class IP55, AZBW20000 by ABUS Security-Center is ideally equipped for outdoor use and has two disconnected outputs for integration into an alarm or video system. The integrated PIR elements can be
ABUS smoke detectors for double protection
The new HSRM30000 smoke and heat detector form ABUS Security-Center uses a bi-sensor processor to monitor both smoke and heat, and therefore provides a doubly reliable alarm when this type of hazard arises. This means that unlike conventional smoke detectors, it is also suitable for use in difficult locations such as kitchens and bathrooms. Dual verification of smoke and temperature The HSRM30000 can monitor an area of up to 40 m²