Automated Breast Ultrasound System Market valued $2bn by 2024: Fractovia.org 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. 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.
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