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Automated Breast Ultrasound System Market size to witness 21% growth from 2016 to 2024

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Presentation on theme: "Automated Breast Ultrasound System Market size to witness 21% growth from 2016 to 2024"— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Global ABUS Market to grow at over 21% CAGR from 2016 to 2024: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Breast cancer prevalence is increasing globally. According to ACS estimates, more than 246,600 new cases of invasive breast cancer will have been diagnosed in 2016 in the U.S. alone.  Introduction of advanced technologies has made it possible to detect small cancer tumors as well as dense breast tissue scanning. This technology has gained popularity due to its non-invasive, radiation-free, and three- dimensional imaging features for breast cancer diagnosis.  Growing awareness through various programs and favorable government initiatives should fuel the automated breast ultrasound system market growth. Australian government launched breast cancer awareness campaign named “Breast Cancer won’t wait, everything else can” for early diagnosis and effective treatment. Key Insights from Automated Breast Ultrasound System Market:

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  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  Strong capital investment trends along with high maintenance cost, unattractive reimbursement policies, and awareness regarding consequences of exposure to radiation could restrain automated breast ultrasound system market growth.  Key automated breast ultrasound system market companies include GE Healthcare, Siemens, Hitachi, SonoCine, and Philips Healthcare. The market players exhibit a fierce competition in the product price, quality, innovation, service, reputation, distribution and promotion. Continued...

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Automated Breast Ultrasound System Market size, by Product, 2012 - 2024 (USD Mn)

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Automated Breast Ultrasound System Market @ http://bit.ly/2k3aZvbhttp://bit.ly/2k3aZvb Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/728 https://www.gminsights.com/request-sample/detail/728 https://www.gminsights.com/request-sample/detail/49

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Product Analysis Automated breast ultrasound system (ABUS) captured the largest revenue share of over 48% in 2015, with estimated market size projected to cross USD 1.1 billion by 2024. The largest share of ABUS should be attributed to the rising product penetration owing to its benefits such as quick turnaround time, affordability of devices, accurate diagnostic results, and operations without continuous operator monitoring.  Regional Analysis U.S. automated breast ultrasound system market share held the largest regional revenue share in 2015. High breast cancer prevalence and favorable government initiatives stimulated industry growth. Additionally, growing awareness for cancer screening, and rapid adoption of technological developments should further complement automated breast ultrasound system market growth.  Competitive Market Share Key automated breast ultrasound system market companies include GE Healthcare, Siemens, Hitachi, SonoCine, and Philips Healthcare. The market players exhibit a fierce competition in the product price, quality, innovation, service, reputation, distribution and promotion. 360° Analysis

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