The word “biopsy” refers to a procedure for removing tissue from an organ surgically. The procedure is used to determine whether an illness is present or how severe it is, including inflammatory and cancerous conditions. The prevalence of chronic illnesses is driving a quicker rate of market growth for breast biopsy equipment.
Biopsies can be performed on any organ as a confirmation test for cancer and celiac disease with the use of specific biopsy tools. Global sales of breast biopsy instruments are anticipated to reach USD 2.33 billion in 2021 and USD 4.01 billion in 2029, representing a CAGR of 7.45% over the forecast period of 2023–2032.
Market Definition
The term “biopsy devices” refers to the tools used to remove a portion of a sample or a tissue of cells from the body for laboratory testing to determine the presence of an illness. Surgeons, interventional cardiologists, and radiologists all use the instruments. Depending on the sort of organ being studied, these biopsy instruments are used in different ways.
Breast cancer is one of the most common cancers among women worldwide. Early detection and timely treatment are crucial for improving the chances of survival. Breast biopsy is a procedure that involves the removal of breast tissue to examine it for signs of cancer. Breast biopsy devices are used to perform this procedure. The global market is growing rapidly, driven by the rising prevalence of breast cancer and increasing awareness about early detection.
The Breast Biopsy Devices market report is a perfect foundation for people looking out for a comprehensive study and analysis of the market. On the basis of historic growth analysis and current scenario of market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Breast Biopsy Devices market. This further helps user with their developmental strategy.
This report examines all the key factors influencing growth of global Breast Biopsy Devices market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
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Market Segmentations:
Global Breast Biopsy Devices Market: Major Players
Medtronic
Cardinal Health
Stryker
BD
B. Braun Melsungen AG
STERYLAB S.r.l
Benetec
Boston Scientific Corporation
FUJIFILM Holdings Corporation
C.R Bard
Siemens, Medtronic
Vigeo srl
Johnson & Johnson Services Inc.
Hologic
Olympus Corporation
Scion Medical Technologies LLC
Cigna
Mammotome
SOMATEX Medical Technologies GmbH
United Medical Systems Inc.
Trivitron Healthcare
Danaher
F. Hoffmann-La Roche Ltd
GENERAL ELECTRIC
OncoCyte Corporation
ARGON MEDICAL
Galini SRL
Devicor Medical Products Inc.
Cianna Medical
Global Breast Biopsy Devices Market: Types
Biopsy Needles
Biopsy Tables
Biopsy Wires
Guidance Systems
Others
Global Breast Biopsy Devices Market: Applications
Hospitals
Ambulatory Surgical Centers
Diagnostic Centers
Other
Global Breast Biopsy Devices Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Market Trends:
- Rising Prevalence of Breast Cancer: Breast cancer is one of the most common cancers among women worldwide. The increasing prevalence of breast cancer is driving the growth of the global breast biopsy devices market.
- Technological Advancements: The breast biopsy devices market is witnessing rapid technological advancements, leading to the development of more accurate and efficient devices.
- Growing Popularity of Image-Guided Biopsy: Image-guided biopsy, such as ultrasound-guided biopsy and MRI-guided biopsy, is becoming increasingly popular due to its accuracy and efficiency.
- Rising Demand for Minimally Invasive Procedures: Minimally invasive procedures are gaining popularity due to their reduced recovery time and improved patient comfort. This is driving the demand for minimally invasive breast biopsy devices.
Key Insights:
- By product type, the image-guided biopsy segment is predicted to account for a sizeable portion.
- By guidance, the liquid biopsy segment is anticipated to grow the most from 2023 to 2032.
- By type, the fine-needle aspiration segment is predicted to have the highest share in 2021.
- North America contributed the largest revenue share in the worldwide market in 2021.
Analysis of the impact of COVID-19 and the Russia-Ukraine War:
The readers of this section will be better informed on the effects of the pandemic, the post-pandemic, and the Russia-Ukraine War on the global market for refrigerated freight services. The factors that have changed since the poll was done include demand, consumption, transportation, consumer behavior, and supply chain management. Industry experts have also emphasized the crucial factors that will help players identify opportunities and maintain the sector as a whole in the approaching years.
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Frequently Asked Questions
- What is the Forecast Market Value for Breast Biopsy Devices Market?
- What is the Growth Rate of the Market?
- Which are the Major Market Drivers for Market?
- What are the Major Companies Operating in the Market?
- Which Countries Data is Covered in the Breast Biopsy Devices Market?
Conclusion:
The global breast biopsy devices market is growing rapidly, driven by the rising prevalence of breast cancer and increasing awareness about early detection. The market is highly competitive, with several players offering a wide range of products catering to different patient needs. Key trends such as technological advancements, growing popularity of image-guided biopsy, and rising demand for minimally invasive procedures are likely to shape the future of the market. As breast cancer continues to be a major public health concern, the demand is expected to continue growing in the coming years.
