Prohibitive cost associated with automated breast ultrasound systems coupled with limited awareness about ABUS in developing economies will hamper business growth.Īutomated breast ultrasound systems (ABUS) dominated the market with more than 50% share in 2017. Request for a sample of this research report For instance, QView Medical introduced computer aided detection system for 3D automated breast ultrasound screening leading to accurate diagnosis of breast tumors. Market players operating in the developed regions are offering innovative technologies, as the conventional technology market has reached maturation. Technological innovations in the field of oncology will further favor industry expansion. Presence of favorable government initiatives and awareness campaigns in various countries aimed at increasing awareness levels pertaining to breast cancer and imaging modalities will escalate industry growth. Such factors will augment automated breast ultrasound systems market size.
Also, the risk of breast cancer diagnosis increases with age.
Breast cancer accounts for 15.4% of overall cancer deaths in the developed regions. Increasing incidences of breast cancer worldwide along with rising mortality rates associated with the disease will fuel demand for automated breast ultrasound systems over the forecast period. Global Automated Breast Ultrasound Systems Market is poised to surpass USD 1.6 billion by 2024 according to a new research report by Global Market Insights, Inc. Sellbyville, Delaware, J(GLOBE NEWSWIRE).
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