1/5/2017 Automated Breast Ultrasound Systems Market to surpass US$ 1,591.7 Million by 2024 : Coherent Market InsightsRead NowThe Global Automated Breast Ultrasound Systems Market was valued at US$ 236.5 million in 2015, according to a new report by published by Coherent Market Insights. Increasing incidence of breast cancer is propelling market growth for automated breast ultrasound systems worldwide.
Regulatory approval from the U.S. Food & Drug Administration (FDA) for using automated breast ultrasound systems (ABUS) as an adjunct with mammography in screening women with dense breasts has augmented market growth. ABUS with better sensitivity enables screening of small tumors in women with dense breasts. Furthermore, use of ABUS in preoperative evaluation is projected to be one of the major driving factors for these systems. Providers need to focus on reducing costs, while rate of false positives can be significantly reduced through proper training of device operators. GE Healthcare offers FDA-required onsite training to technologists and radiologists for using the ABUS system. Other market players also need to practice customer engagement activities and provide additional services to their customers in order to sustain the market competition. Get Free PDF Research Brochure for more Professional and Technical Insights : https://www.coherentmarketinsights.com/insight/request-sample/78 The advent of automated breast ultrasound systems (ABUS) has curtailed demand for handheld ultrasound system (HHUS) and the trend is expected to continue over the forecast period. The industry has witnessed increasing demand for ABUS over the last two years by physician to enhance patient’s diagnosis. This is mainly due to the various superior features offered by ABUS such as high quality 3D images, reduced screening time, and the ability to screen dense breast tissues and small tumors effectively. In 2014, the U.S. FDA approved GE’s Invenia ABUS for using it as a supplementary product with mammogram in diagnosing breast cancer. This has encouraged hospitals to use ABUS in screening of breasts. High prevalence of breast cancer is acting as a major factor fueling market growth. The American Cancer Society estimates that there would be 246,660 new cases of invasive breast cancer in the U.S. in 2016. As per the estimates of the Philippine Obstetrical and Gynecological Society, the highest incidence of breast cancers is in Philippines, with a mammoth increase of 589% in breast cancer cases reported over a 30-year period (1980 - 2010). Furthermore, use of ABUS is also increasing in preoperative evaluation of tumors. Various studies are being conducted to establish the benefits of using ABUS in preoperative application. A trial was initiated in January 2016 by the University of Zurich for preoperative evaluation of breast cancer using ABUS in women newly diagnosed with breast cancer. The study is expected to be completed by 2021. Favorable outcomes from such studies would further expand the scope for ABUS in preoperative evaluation. To know the latest trends and insights prevalent in this market, click the link below: https://www.coherentmarketinsights.com/market-insight/automated-breast-ultrasound-systems-market-78 Use of ABUS is high in developed countries such as the U.S., Australia, Japan, the U.K., and Canada. In contrast, high costs of installing ABUS and low number of women opting for early breast screening is restraining demand for ABUS, underdeveloped countries. Key takeaways of the market are:
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July 2020
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