Global Automated Breast Ultrasound System Industry to exceed USD 2 billion by 2024

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Automated Breast Ultrasound System Market to grow
at 21 CAGR from 2016 to 2024 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights of ABUS Market

• ABUS Market is driven by rising demand for
  effective breast screening techniques due to high
  occurrence of breast cancer in patients to push
  growth.
• According to Global Market Insights, Inc.,
  Automated Breast Ultrasound System (ABUS) Market
  size is forecast to hit USD 2 billion by 2024.
  Increase in the rate of detection of breast
  cancer in the asymptomatic women patients having
  dense breast tissues is expected to support the
  industry trends over the next few years.
• As per World Cancer Research Fund International,
  incidence of breast cancer in women was projected
  to be higher than 25 as compared to other cancer
  types, with over 1.6 million new breast cancer
  cases detected in 2012.
• Furthermore, growing awareness about breast
  cancer among the women along with favorable
  legislations encouraging breast screening will
  boost ABUS industry revenue over the years to
  come.
• Automated breast volume scanner (ABVS) and
  Automated breast ultrasound system (ABUS) are the
  major breast screening systems.

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Continued

• ABVS industry is forecast to surpass USD 950
  million by 2024. Improvement in the
  reproducibility of pictures, high resolution
  imaging, and reduction in scanning time are the
  key features of the ABVS system predicted to
  drive the revenue.
• ABUS Industry, which dominated the overall
  revenue in 2015, is anticipated to witness a
  significant surge over the coming timeframe.
  Rapid turnaround time, accurate diagnostic
  outcomes, and cost-efficiency are few of the key
  growth drivers of the industry.
• Automated breast ultrasound systems find
  extensive applications across hospitals and
  diagnostic imaging centers. Hospitals, which
  accounted over 60 of the market share, is
  forecast to record a CAGR of 21.2 over
  2016-2024.
• China ABUS industry value is anticipated to hit
  USD 1 billion by 2024, driven by the high
  occurrence of breast cancer along with the
  growing awareness about early breast cancer
  diagnosis.
• U.S. ABUS market share, which dominated the
  regional landscape in 2015, is projected to
  observe a remarkable growth over the coming
  years. Increase in the number of breast cancer
  cases and heavy government funding for research
  activities related to breast cancer research will
  drive the revenue.

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U.S. Automated Breast Ultrasound System Market
size, by Product, 2012 - 2024 (USD Mn)

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Table of Contents
Chapter 1. Methodology and Scope 1.1.
Research Methodology 1.1.1. Initial data
exploration 1.1.2. Statistical model and
forecast 1.1.3. Industry insights and
validation 1.2. List of Data Sources 1.2.1.
Primary Sources 1.2.2. Secondary
Sources Chapter 2. Executive Summary 2.1.
Automated Breast Ultrasound System Market 3600
synopsis, 2012 - 2024 2.1.1. Business
trends 2.1.2. Regional trends 2.1.3.
Technology trends Chapter 3. Automated
Breast Ultrasound System Industry Insights 3.1.
Industry segmentation 3.2. Industry size,
forecast, and growth expectation, 2012 - 2024
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Continued
3.3. Automated breast ultrasound system
market dynamics 3.3.1. Growth
drivers 3.3.1.1. Increasing prevalence of
breast cancer 3.3.1.2. Technological
advancements in the field 3.3.1.3. Rising
awareness regarding breast cancer and favorable
government initiatives 3.3.2. Market
restraints 3.3.2.1. Inadequate reimbursement
policies 3.3.2.2. Lack of technical expertise
3.4. Key market growth opportunities 3.5
Regulatory Landscape 3.5.1 U.S. 3.5.2
Europe 3.5.3 China 3.6 Product
Landscape 3.6.1 FDA approved products 3.6.2
Pipeline products 3.7. Porters
analysis 3.8. PESTEL analysis 3.9.
Competitive benchmarking, 2015 3.9.1 Strategy
dashboard
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