openPR Logo
Press release

Automated Breast Ultrasound Systems Market Analysis Focusing on Top Key Players – Siemens AG, Hitachi Ltd., GE Healthcare, SonoCine Inc., Philips N.V., QView Medical Inc. and Delphinus Medical Technologies

09-05-2018 10:47 AM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Automated Breast Ultrasound Systems Market Analysis Focusing

Automated Breast Ultrasound Systems Market size is set to exceed USD 1.6 billion by 2024; according to a new research report by Global Market Insights.

Increasing incidences of breast cancer worldwide along with rising mortality rates associated with the disease will fuel demand for automated breast ultrasound systems over the forecast period. Breast cancer accounts for 15.4% of overall cancer deaths in the developed regions. Also, the risk of breast cancer diagnosis increases with age. Such factors will augment automated breast ultrasound systems market size.

Presence of favorable government initiatives and awareness campaigns in various countries aimed at increasing awareness levels pertaining to breast cancer and imaging modalities will escalate industry growth.

Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/728

Technological innovations in the field of oncology will further favor industry expansion. Market players operating in the developed regions are offering innovative technologies, as the conventional technology market has reached maturation. For instance, QView Medical introduced computer aided detection system for 3D automated breast ultrasound screening leading to accurate diagnosis of breast tumors.

Prohibitive cost associated with automated breast ultrasound systems coupled with limited awareness about ABUS in developing economies will hamper business growth.

Automated breast ultrasound systems (ABUS) dominated the market with more than 50% share in 2017. Ability of these systems to detect invasive tumours in dense breasts along with increased sensitivity over mammography are major factors contributing towards business growth.

Automated breast volume scanners business is poised to be the fastest growing segment owing to its ability to reduce subjectivity with ultrasound and compare outcomes with mammographic and 3D-MRI results, transforming ultrasound into a tool for double reading and improved diagnostic precision.

Hospitals business held the largest share in 2017 and is anticipated to reach a value over USD 1 billion by 2024; this is attributable to increasing adoption of ABUS in hospitals owing to its improved screening and diagnostic capabilities leading to effective disease management.

Make Inquiry about this report @ https://www.gminsights.com/inquiry-before-buying/728

Growing adoption of advanced breast cancer imaging modalities along with increasing funding for breast cancer will escalate U.S. automated breast ultrasound market size. Canadian industry is anticipated to witness significant growth by 2024 owing to high prevalence of breast cancer in the country. As per Canadian Cancer Society, more than 25,000 women were diagnosed with breast cancer in 2016 that fuels demand for advanced breast imaging modalities.

India automated breast ultrasound systems market will witness over 19% CAGR during the projection period; due to increasing prevalence of breast cancer along with increasing mortality associated with the disease. As per Indian Council of Medical Research (ICMR), over 30,000 females die from breast cancer in India every year and 1 out of 22 women is diagnosed with breast cancer in the country. Rising attention for addressing breast cancer issue will propel demand for ABUS in the coming years.

Key notable industry participants in the automated breast ultrasound systems market include Siemens AG, Hitachi Ltd., GE Healthcare, SonoCine Inc., Philips N.V., QView Medical Inc. and Delphinus Medical Technologies among others.

The industry players resort to new product development along with mergers and acquisitions to grab higher market share in the competitive industry. For instance, in December 2017, QView Medical received FDA approval for integrating QVCAD with the Invenia ABUS of GE Healthcare. The combined system will be used in breast screening for women with dense breast tissue whose mammogram is negative resulting into improved reading time and preserved diagnostic accuracy. Such strategies will enable the firms to strengthen product portfolio and expand customer base.

Automated breast ultrasound systems market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2013 to 2024, for the following segments:

Automated Breast Ultrasound Systems Market by Product
o Automated Breast Ultrasound System (ABUS)
o Automated Breast Volume Scanner (ABVS)
o Others

Automated Breast Ultrasound Systems Market by End-use
o Hospitals
o Diagnostic imaging centers

The above information is provided for the following regions and countries:
• North America
o U.S.
o Canada

• Europe
o Germany
o UK
o France
o Spain
o Italy
o Russia

• Asia Pacific
o China
o Japan
o India
o Australia
o Thailand
o Argentina

• Middle East and Africa
o Saudi Arabia
o UAE
o South Africa

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.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 Market Analysis Focusing on Top Key Players – Siemens AG, Hitachi Ltd., GE Healthcare, SonoCine Inc., Philips N.V., QView Medical Inc. and Delphinus Medical Technologies here

News-ID: 1220996 • Views:

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases


More Releases for Automated

Automated Turf Harvester Market - Empowering Future Innovation in Automated Agri …
The Automated Turf Harvester feature automatic stacking, turf cut depth control system, auto-steering system, and others, which enables one-man operation for turf harvesting process. The Automated Turf Harvester are classified into two major types, namely, roll turf harvesters and slab turf harvesters. The harvested turf in form of rolls are mainly used for large area applications such as in golf courses, sport fields, school playgrounds, and commercial landscaping applications. However,
Pharmacy Automation Devices Market Report 2018: Segmentation by Product (Automat …
Global Pharmacy Automation Devices market research report provides company profile for Tcgrx Pharmacy Workflow Solutions, Talyst LLC, Parata Systems LLC, Kuka Aktiengesellschaft, Baxter International Inc, Becton, Dickinson and Company, Rxsafe, LLC, Arxium, Inc., Scriptpro LLC, Capsa Healthcare and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue,
Pharmacy Automation Systems Market Report 2018: Segmentation by Product (Automat …
Global Pharmacy Automation Systems market research report provides company profile for Omnicell Inc., ScriptPro LLC, Swisslog Holdings AG, Talyst, Inc., Yuyama Co., Ltd., Baxter International Inc., Becton, Dickinson and Company, Cerner Corporation, Capsa Healthcare, McKesson Corporation and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Lab Automation Market, by Product Type (Automated Liquid Handling System, Micro …
The Lab Automation Market by Product Type (Automated Liquid Handling System, Micro plate Reader, Automated Storage and Retrieval System, Automated ELISA System, Automated Nucleic acid purification system, Robotic system, Software, and Others), by Application (Drug Discovery, Clinical Diagnostics, Genomics, Proteomics, Cell Biology, and Other Applications) By End User (Pharmaceutical and Biotechnology Companies, Diagnostics Laboratories, and Research and Academic Institutions) and by Region (North America, Latin America, Europe, Asia Pacific, the
Automated Material Handling Equipment Market Report 2018: Segmentation by Produc …
Global Automated Material Handling Equipment market research report provides company profile for Fives group, Swisslog AG, Intelligrated, Knapp, Kardex AG, TGW Logistics, Grenzebach, Witron, Schaefer, Daifuku, Dematic, Murata Machinery, Vanderlande, Mecalux, Beumer group and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and
Automated Gram Stainer Market is Driven by Rising the Awareness about Automated …
Gram staining is a method which distinguishes bacteria into two group, Gram positive bacteria and Gram negative bacteria. The technique was developed by Christian Gram, a Danish bacteriologist. Gram staining differentiates bacteria based on physical and chemical properties of the cell wall by the presence or absence of peptidoglycan. Gram staining is the primary step for identification of bacteria. It is performed on clinical specimen when an infection is suspected.