Automated Breast Ultrasound System (ABUS) Market : Key Information By Top Key Player | GE Healthcare, Siemens AG, Koninklijke Philips N.V., Hitachi Ltd. and SonoCine Inc.
Automated Breast Ultrasound Systems Market Size By Product (Automated Breast Ultrasound System, Automated Breast Volume Scanner), By End-use (Hospitals, Diagnostic Imaging Centers), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Fr
Automated Breast Ultrasound Systems Market size was valued over USD 590 million in 2017 and is expec
U.S. prominently observes an increasing prevalence of breast cancer, which is why the market growth prospect in this region is huge. It dominated the North America ABUS market in 2015 by contributing maximum share toward the regional industry in that particular year. Implementation of hi-tech breast screening methods, supportive government’s initiatives, reimbursement scenarios, and concentration of leading players are some of the factors that have complemented the business landscape of the country. China ABUS market is anticipated to mark a billion-dollar business landscape by 2024, by collecting USD 1 billion within next seven years. Amenability toward novel technology and spreading awareness about breast cancer treatment among the common folks is changing the market outlook in China. It covered almost 60% of the Asia Pacific ABUS market in 2015, and is likely to remain one of the major contributors also in the years ahead.
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Based on the product front, automated breast ultrasound system market is bifurcated into ABVS (Automated breast volume scanner) and ABUS. ABVS market is expected to witness maximum gains in the coming years. Since together ABVS in adjunct with mammography enables superior detection and evaluation of breast cancer, automated breast ultrasound system market growth from this product segment is expected to experience a surge in the years ahead. As per estimates, ABVS based market will exceed a revenue of USD 950 million by the end of 2024. Automated breast ultrasound systems held the largest share in 2015, by consuming 48% of the overall volume. Quick turnaround time, accurate diagnostic results, cost affordability are some of the factors that will allow the market to record a revenue of USD 1.1 billion by 2024. Since these advanced systems are widely employed in hospitals, overall ABUS market from hospitals applications accounted for more than 60% of the overall volume in 2015. With the increasing availability of skilled professionals and improved funding in the hospitals, this sector is projected to chart a profitable roadmap in the years ahead at a CAGR of 21.2% over 2016-2024.
The business landscape of automated breast ultrasound system market has remarkably evolved in the past few years with technological involvements that have brought advanced innovative systems in the industry. Though high capital investment, unattractive reimbursement policies, and lack of proper awareness are hampering the market penetration in some of the nations, yet key market players’ continuous involvement in research activities will thrive the expansion in the years ahead. Some of the prominent ABUS industry participants include Siemens, SonoCine, General Electric Company, Toshiba, Hitachi, and Koninklijke Philips.
Report Content
Chapter 1. Methodology
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
7.1. GE Healthcare
7.2. Hitachi Ltd.
7.3. Koninklijke Philips N.V.
7.4. Siemens AG
7.5. SonoCine Inc.
7.6. QView Medical,Inc.
7.7. Seno Medical Instruments, Inc.
7.8. Volpara Solutions
7.9. Delphinus Medical Technologies, Inc.
7.10. CapeRay
7.11. SuperSonic Imagine
7.12. Nova Medical Imaging Technology Co.Ltd.
7.13. Shantou Institute of Ultrasonic Instruments Co., Ltd. (SIUI)
7.14. Theraclion
7.15. Real Imaging
7.16. MetriTrack Inc.
7.17. Toshiba Company
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Arun Hegde
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results