Market Research

Biopsy Devices Market Size, Sales, Growth Drivers, Opportunities, Industry Trends and Forecast to 2027

Jul 28, 2020 8:35 AM ET

iCrowd Newswire – Jul 28, 2020

A biopsy is a medical examination generally implemented by a surgeon, interventional radiologist, or an interventional cardiologist to extract sample cells or tissues and helps in identification, existence of a disease. The tissue is generally observed under a microscope by a pathologist, and can also be examined chemically. Biopsies are most commonly performed to identify cancerous and inflammatory conditions.

The biopsy devices market is anticipated to grow with a significant rate in the coming years, owing to factors such as rising patient awareness on cancer and the improvement in biopsy procedures. Increasing incidences of cancer such as breast, prostate, & lung, and rapid technological advancements, initiatives to spread awareness about cancer are expected to offer growth opportunities for the players operating in the market.

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Top Dominating Key Players:

  1. C. R. Bard, Inc.
  2. Hologic Inc.
  3. BD
  4. Devicor Medical Products, Inc.
  5. Cook
  6. Boston Scientific Corporation
  7. Medtronic
  8. FUJIFILM Corporation
  9. INRAD Inc.
  10. Cardinal Health

The global biopsy devices market is segmented on the basis of product, technology, application and end user. The product segment includes, needle-based biopsy instruments, localization wires, procedure trays, and other products. The needle-based biopsy instruments segment is further classified into core biopsy devices, aspiration biopsy needles and vacuum-assisted biopsy devices. Based on technology, the biopsy devices market is segmented as, CT scan, ultrasound-guided biopsy, stereotactic-guided biopsy, MRI-guided biopsy and others. Based on application, the market segment includes, breast biopsy, lung biopsy, kidney, colorectal biopsy, prostate biopsy, gynecological and other application. Based on end user, the biopsy devices market is segmented as, hospitals, academic and research institutes and diagnostic and imaging centers.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global biopsy devices market based on product, technology, application, and end user. It also provides market size and forecast till 2027 for overall biopsy devices market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting market from both demand and supply side and further evaluates biopsy devices market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.

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Reasons to Buy the Report:

  • Learn about the driving factors, affecting the market growth.
  • Imbibe the advancements and progress in the market during the forecast period.
  • Understand where the market opportunities lies.
  • Compare and evaluate various options affecting the market.
  • Pick up on the leading market players within the market.
  • Envision the restrictions and restrains that are likely to hamper the market.

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