August 5, 2021

Biopsy Device Market Report 2020: Rising Impressive Business Opportunities Analysis Forecast By 2025

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Sep 23, 2020 (AmericaNewsHour) —
The Global Biopsy Devices Market was valued at USD 1.45 billion in 2016 and is projected to reach USD 2.43 billion by 2025, growing at a CAGR of 5.9% from 2017 to 2025.

The biopsy devices are mainly used in Diagnosis and detection of cancer in breast tissues. Other tissues are also diagnosed using these devices. With increasing prevalence of the chronic diseases the use of these devices has increased. Therefore, Hospitals and diagnostic centers invest in efficient technology and equipments like biopsy device to give out better results and compete with the market players.

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Market Dynamics:
1. Market Drivers
1.1 Increasing cases of Cancer
1.2 Growing demand for minimallyinvasive surgeries
1.3 Better status of reimbursement in U.S.

2. Market Restraints
2.1 Risk of infections

Market Segmentation:
1. Global Biopsy Devices Market, by Application:
1.1 Breast Biopsy
1.2 Lung Biopsy
1.3 Colorectal Biopsy
1.4 Prostate Biopsy
1.5 Other Applications

2. Global Biopsy Devices Market, by Product:
2.1 Needle Based Biopsy Instruments
2.2 Core Biopsy Devices
2.3 Aspiration Biopsy Needles
2.4 Vacuum-Assisted Biopsy Devices
2.5 Procedure Trays
2.6 Localization Wires
2.7 Other Products

3. Global Biopsy Devices Market, by End User:
3.1 Hospitals
3.2 Academic and Research centers
3.3 Diagnostic and Imaging Canters

4. Global Biopsy Devices Market, by Guidance Techniques:
4.1 Ultrasound-Guided Biopsy
4.2 Stereotactic-Guided Biopsy
4.3 MRI-Guided Biopsy
4.4 Other Guidance Techniques

5. Global Biopsy Devices Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. C. R. Bard, Inc.
2. Becton, Dickinson and Company
3. Cook Group Incorporated
4. Devicor Medical Products, Inc. (A Part of Leica Biosystems)
5. Argon Medical Devices, Inc.
6. B. Braun Melsungen AG
7. Cardinal Health, Inc.
8. Olympus Corporation
9. Boston Scientific Corporation
10. Fujifilm Holdings Corporation
11. Inrad, Inc.
12. Medtronic PLC

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Research study on the Biopsy Devices Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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