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
Maximizing Market Research Pvt Ltd’s objective with this report is to provide a thorough analysis of the Biopsy market, presenting past and current industry status along with forecasted market size and trends. The report covers all aspects of the industry, including a dedicated study of key competitors, market leaders, followers, and new entrants.
The comprehensive analysis includes PORTER and PESTLE analysis, evaluating the potential impact of micro-economic factors on the Biopsy market. Both external and internal factors influencing the industry are analyzed to offer stakeholders a clear futuristic view. The report aids in understanding the dynamic structure of the Global Biopsy Market through the analysis of market segments, providing clear insights for investors.
Biopsy Market Overview
Maximize Market Research provides a brief description of Biopsy. It includes the latest snapshots of the Biopsy market, and best understands its features with an overview of the market that highlights standard topics and customizes the data as needed. This overview will help clients decide how to approach the Biopsy market and understand the situation in the industry.
Biopsy Market Drivers:
Increased Use of Liquid Biopsies Driving Growth: Liquid biopsies, involving the analysis of biological fluids like blood and urine, offer a non-invasive approach for detecting and monitoring diseases, especially cancer. The demand for less invasive procedures and the focus on patient comfort are driving the global appeal of biopsy procedures, with a significant impact on the market growth.
Integration of Artificial Intelligence (AI) in Pathology Creating Opportunities: The integration of AI in pathology is revolutionizing the biopsy market by enhancing the efficiency and accuracy of results interpretation. AI-driven image analysis and pathology platforms streamline diagnostic processes, reduce turnaround times, and contribute to market growth by facilitating remote consultations and telepathology services.
Biopsy Market Regional Insights
North America Dominates with 40% Market Share: North America held the largest market share of 40% in 2022, projected to maintain its lead during the forecast period. The region’s growth is attributed to increased adoption of technologically advanced equipment, demand for less invasive procedures, and government programs for early cancer diagnosis.
Asia Pacific Set to Grow at 29.1% CAGR: Asia Pacific is expected to grow rapidly at a CAGR of 29.1% during the forecast period, driven by increased cancer prevalence, awareness initiatives, and the implementation of stringent 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 Automotive Relay Market are:
- What is Biopsy?
- What are the Biopsy market segments?
- What are the major drivers of the Biopsy Market?
- What factors are expected to challenge the market growth during the forecast period?
- Which region held the largest Biopsy market share?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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