Biopsy Devices Market
Added: (Fri Nov 19 2021)
Pressbox (Press Release) -
Market Overview
• The increasing frequency of various types of cancers across the globe, Rising need for early diagnosis of various diseases like cancer to avoid the death of the patient, Modernization of healthcare infrastructure etc are driving the growth of Biopsy Devices Market.
• However, Risks involved in the diagnosis process, lack of skilled and trained professionals is likely to slow down the growth of the market.
• In addition, increasing government initiatives to prevent the spread of cancer, adoption to modernized healthcare infrastructure is also favoring growth.
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Market Segmentation
• The Global Biopsy Devices market is segmented by Body Part, Application, Biopsy type, and End User.
• By Body Part, the market is divided into Breast Biopsy Devices, Colorectal Biopsy Devices, Lung Biopsy Devices, Liver Biopsy Devices, Lymph node biopsy Devices, and Other Devices.
• Breast Biopsy Devices is a major segment of the market. Breast Cancer stands as first place in types of cancers found in women.
• WHO stats reveal that Breast cancer survival rates range from 40% in low-income countries to around 80% in North America.
• The difference is mainly due to the availability of healthcare diagnostic equipment that diagnoses cancer at early stages thereby preventing the death of the patient. All these instances create a scope for the growth of the Biopsy Devices market.
• By Application, the market is classified as Gynaecology, Urology, Interventional Cardiology, Interventional Radiology, Interventional Oncology, and Other Applications.
• By Biopsy Type, the market is segmented as Stereotactic, Ultrasound-Guided, Needle-Based, MRI Based, X-Ray Based, and Others.
• Hospitals, Research Centres, and Cancer Hospitals are the end users.
Scope of the Report
By Body Part
• Breast Biopsy Devices
• Colorectal Biopsy Devices
• Lung Biopsy Devices
• Liver Biopsy Devices
• Lymph node biopsy Devices
• Other Devices
By Application
• Gynecology
• Urology
• Interventional Cardiology
• Interventional Radiology
• Interventional Oncology
• Other Applications
By Biopsy Type
• Stereotactic
• Ultrasound-Guided
• Needle Based
• MRI Based
• X-Ray Based
• Others
By End User
• Hospitals
• Research Centres
• Cancer Hospitals
• Others
By Region
• Asia Pacific (China, Japan, India, Australia, Rest of Asia Pacific)
• Europe (Germany, France, The UK, Italy, Spain, Rest of Europe)
• North America (The USA, Canada, Mexico)
• South America (Brazil, Argentina, Rest of South America)
• Rest of the World
• The report covers factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.
• The report profiles companies like Bard Biopsy Systems, Cook Medical, Argon Medical Devices, Biopsybell, Creganna Medical, Olympus, Medtronic, Fujifilm, Hologic, and INRAD.
Geographical Analysis
• This report segments the geographies by region which include North America, South America, Europe, Asia Pacific, and RoW.
• North America occupies the highest share in the market followed by Europe and Asia-Pacific. The increasing number of cancer cases (an estimated number of 1,688,780 new cases of cancer in the US alone) is majorly driving the market in this region.
• Europe is considered a fast-growing region in the Biopsy Devices Market, particularly in the breast biopsy devices segment. The relatively high incidence of breast cancer i.e., 89.7 per 100,000 women in this region is majorly driving the demand.
• Apart from this, the Existence of key market players, growing use of various latest cancer diagnostic devices is pushing forth the demand in this region.
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