Biopsy Market Overview and Forecast: Sustainable Growth Amidst Changing Trends
The Biopsy Market size is expected to grow from US$ 29.14 Bn in 2022 to US$ 61.03 Bn by 2029. The Global Biopsy Market is expected to grow at a CAGR of 11.14% through the forecast period (2023 to 2029).
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Biopsy Market Report Scope and Research Methodology
The Biopsy market report aims to provide a thorough analysis of the market for stakeholders in the industry. It covers the past, current, and forecasted market size and trends, utilizing a clear and understandable language for data analysis. The report includes a dedicated study of key competitors, such as market leaders, followers, and new entrants, employing PORTER and PESTLE analyses. The research methodology considers both external and internal factors that may impact the Biopsy market positively or negatively, offering decision-makers a clear perspective on the industry’s future.
Biopsy Market Report Drivers
Increased Use of Liquid Biopsies: Non-invasive and dynamic detection and monitoring of diseases, especially cancer, driving market growth.
Integration of Artificial Intelligence (AI) in Pathology: AI-driven analysis streamlining diagnostic processes and contributing to market efficiency. Restraints:
Costs Associated with Biopsy Procedures: Financial burden limiting accessibility and adoption of certain biopsy methods, hindering market growth.
Biopsy Market Regional Analysis
North America dominates the Global Biopsy market, holding the largest market share of 40% in 2022 and expected to continue its lead through 2029. The region’s focus on early sickness diagnosis, increased adoption of technologically improved equipment, and government programs for cancer diagnosis contribute significantly to market growth. Asia Pacific is projected to grow rapidly at a CAGR of 29.1% during the forecast period, driven by increased cancer prevalence, awareness initiatives, and stricter healthcare guidelines.
Biopsy Market Segmentation :
by Product
Instruments
Kits and Consumables
Services
by Type
Tissue Biopsies
Liquid Biopsies
Others
by Application
Breast Cancer
Colorectal Cancer
Cervical Cancers
Lung Cancers
Prostate Cancers
Skin Cancers
Blood Cancers
Kidney Cancers
Liver Cancers
Pancreatic Cancers
Ovarian Cancers
Others
Biopsy Market Key Players :
North America 1. Illumina, Inc.(U.S) 2. Quest Diagnostics (U.S) 3. Abbott Laboratories (U.S) 4. GenMark Diagnostics(U.S) 5. Bio-Rad Laboratories (U.S) 6. Agilent Technologies (U.S) 7. Biomarker Technologies (U.S) 8. Coherent, Inc. (U.S) 9. Cardinal Health (U.S) 10. BD (Becton, Dickinson and Company) (U.S) 11. Myriad Genetics (U.S) 12. Hologic, Inc. (U.S) 13. Biocept, Inc. (U.S) 14. Thermo Fisher Scientific, Inc. (U.S) 15. Danaher (U.S) 16. Guardant Health (U.S) 17. Exact Sciences Corporation (U.S) 18. Freenome Holdings, Inc. (U.S) 19. Biodesix (Integrated Diagnostics) (U.S) 20. HelioHealth (Laboratory for Advanced Medicine) (U.S) 21. Genesystems, Inc. (Genesys Biolabs)(U.S) 22. GRAIL, Inc. (U.S) Europe 1. ANGLE Plc (U.K) 2. Oncimmune (U.K) 3. Epigenomics AG (Germany) 4. Qiagen N.V. (Netherlands) 5. F. Hoffmann-La Roche Ltd. (Switzerland) Asia Pacific 1. Sysmex Corporation (Japan) 2. Olympus(Japan) 3. Lucence Diagnostics Pte. Ltd. (Singapore)
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Key Questions answered in the Biopsy Market Report are:
- What is Biopsy?
- What will be the CAGR of the Biopsy market during the forecast period?
- What are the opportunities for the Biopsy Market?
- What factors are affecting the Biopsy market growth?
- Which company held the largest share in the Biopsy market?
- What key trends are likely to emerge in the Biopsy market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2023-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape – Leading key players and other prominent key players.
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