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Global Biopsy Devices Market 2019 Trends, Market Share, Industry Size, Opportunities, Analysis and Forecast To 2026

Dec 4, 2019


A new market study, titled “Discover Global Biopsy Devices Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.


Global Biopsy Devices Market

The global biopsy devices market report provides valuable market insights into the size of the market based on the product type, guidance techniques, applications, end-users, and regions. It offers detailed information about the key factors responsible for the growth of the market, and also offers detailed competitive analysis and opportunities for stakeholders. The report also analyzes micro markets for individual growth trends and prospects within the five main regions – North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.

Different regions across the world are witnessing a significant increase in the incidences of cancer, and at the same time detection methods have improved due to rapid advances in technology, such as 3D optical biopsy, MRI-based biopsy, and ultrasound-based biopsy. As a result, the adoption of devices for biopsies is gaining more acceptance and this is fueling the market. Today, consumers are more aware of the importance of getting an early diagnosis of chronic diseases and this is further driving the growth of this market.

The global biopsy devices market is estimated to reach about USD2.42 billion by 2022 from USD1.63 billion. The market will grow at a CAGR of 6.8%, and this growth is mainly due to increase in prevalence of cancer and demand for minimally invasive surgical procedures. With more people being diagnosed with cancer, health organizations and governments are running awareness campaigns about cancer and early detection. As a result, this is fueling the growth of the market. However, the high cost of these devices and lack of skilled professionals to operate these devices, particularly in emerging economies and low-income countries, are obstructing worldwide growth of the market.


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Key Players of Global Biopsy Devices Market =>

Bard Biopsy Systems, Cook Medical, Argon Medical Devices, Biopsybell, Creganna Medical, Olympus, Medtronic, Fujifilm, Hologic, and INRAD.


Market Segmentation

The global biopsy devices market is divided based on body part, application, type of biopsy, and end-user.

The body part segment is further divided into breast, colorectal, lung, liver, lymph node and other devices. Currently, the breast cancer biopsy devices segment is the biggest segment in the market as breast cancer is the most common type of cancer diagnosed in women.

Based on application, the market is divided as gynecology, interventional cardiology, urology, interventional radiology, interventional oncology, and other application.

Based on biopsy type, the market is further segregated as X-ray based, ultrasound-guided, stereotactic, MRI-based, needle-based, and others.

The end-user market segment is divided into hospitals, cancer hospitals, and research centers.


Regional Analysis

The global biopsy devices market offers insights region-wise. These regions include North America, South America, Europe, Asia-Pacific and the rest of the world. Presently, North America is the largest market for these devices followed by Europe and Asia-Pacific. Statistics show that increasing incidences of cancer is responsible for driving the North America market. Europe is one of the fastest-growing regions for this market, in particular, for breast biopsy devices. This region is also witnessing a growth in demand for these devices as the adoption rate of cancer diagnostic devices has increased.


Industry News

The global biopsy devices market is growing since more types of cancer are being diagnosed around the world. The industry and healthcare providers understand the need to detect cancer early to improve prognosis. Also, healthcare infrastructure in developed and emerging economies is improving and this is also responsible for spurring the growth of biopsy devices market.


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Major Key Points of Global Biopsy Devices Market

  • Chapter 1 Methodology and Scope
  • Chapter 2 Global Biopsy Devices Market –Trends
  • Chapter 3 Global Biopsy Devices Market – Industry Analysis
  • Chapter 4 Global Biopsy Devices Market – Market Analysis
  • Chapter 5 Global Biopsy Devices Market – Geographical Analysis
  • Chapter 6 Global Biopsy Devices Market – Competitive Landscape
  • Chapter 7 Global Biopsy Devices Market – Company Profiles
  • Chapter 8 Global Biopsy Devices Market – Appendix

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