2024 Projections: Automated Breast Ultrasound Systems Market Report for GE Healthcare, QView Medical, Koninklijke Philips N.V., Siemens AG, Hitachi, Ltd. and Delphinus Medical Technologies

The report is a comprehensive exploration of Global Automated Breast Ultrasound Systems market offering growth rates, size of the industry, competitive landscape information, factors to the contributing growth of the global Automated Breast Ultrasound Systems market and more.

U.S. automated breast ultrasound systems market was valued over USD 140 million in 2017. Supportive government campaigns to increase awareness levels along with rising investment in research for breast cancer in the country are prominent factors for business growth.

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Automated Breast Ultrasound Systems Market will exceed USD 1.6 billion by 2024; as per a new research report.

Growing number breast cancers diagnosis cases globally will drive automated breast ultrasound systems industry growth over the forecast period. Breast cancer is one of the most common cancer among women worldwide accounting for approximately 1.7 million new cases diagnosed in 2012. Rising incidences of breast cancer in women occur over the age of 50 years old, resulting in increasing demand for breast screening.

Limited capacity of mammography to detect tumor in dense breast which is a high-risk factor for breast cancer spurs demand for automated breast ultrasound systems. Moreover, presence of national breast screening programs in developed regions will further favor industry expansion.
Limited awareness of automated breast imaging modalities in developing countries along with high prices of automated breast ultrasound systems will hinder market growth over the forecast timeline.

Automated breast ultrasound systems business segment dominated the industry owing to its ability to detect small tumors in dense breast tissues of women. Also, ABUS enables to increase screening sensitivity over the conventional imaging modalities thereby stimulating industry.

Hospitals will generate higher revenue share in 2017 due to high adoption of such advanced systems. Diagnostic imaging centers business is poised to be the fastest growing segment owing to the need for novel biomedical imaging procedures to increase the accuracy with which disease can be detected. Such factors will drive the use of ABUS in diagnostic imaging centers.

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Increasing incidences of breast cancer in emerging countries such as India & China owing to presence of large geriatric patient pool, adoption of sedentary lifestyle, alcohol consumption, smoking habits and late pregnancy will stimulate demand for automated breast ultrasound systems in the coming years. Market players are capitalizing on research focusing on development of advanced systems to grab market share in the emerging countries.

Few notable industry players are GE Healthcare, QView Medical, Koninklijke Philips N.V., Siemens AG, SonoCine, Hitachi, Ltd. and Delphinus Medical Technologies. Major industry players emphasize on mergers, acquisitions and innovative product launch to expand their existing product portfolio for treatment of breast cancer.

Table of Content:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Automated Breast Ultrasound Systems Industry Insights

Chapter 4. Automated Breast Ultrasound Systems Market, By Product

Chapter 5. Automated Breast Ultrasound Systems Market, By End-use

Chapter 6. Automated Breast Ultrasound Systems Market, By Region

Chapter 7. Company Profiles

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Global Automated Breast Ultrasound Systems Industry Market Analysis & Forecast 2018-2023

In the Global Automated Breast Ultrasound Systems Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023.

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