According to AMR’s prediction, “Biopsy Devices Market by products (needle biopsy equipment, biopsy forceps, localization wires and other products), equipment (breast examination, gastroenterological biopsy, prostate biopsy, liver biopsy, lung biopsy, kidney biopsy, gynecological biopsy and others) , Imaging Technology ( MRI-Guided Biopsy , Stereotaxy-Guided Biopsy, Ultrasound-Guided Biopsy, CT Scan and Others) and End User (Diagnostics and Imaging Companies, Hospitals and Others): Global Opportunity Study and Industry Market Forecast , 2019-2026.” As per the report, the global biopsy devices industry was estimated at $2.72 billion in 2018, and is expected to hit $4.31 billion by 2026, registering a CAGR of 5.9% during the study period.
♦ 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭 –
https://www.alliedmarketresearch.com/request-sample/1424
Key Findings of the Study –
- Based on product, the needle biopsy equipment segment accounted for 37.48% of the global market share in 2018.
- Based on application, the breast biopsy segment has the highest market share in 2018 and is expected to continue during the forecast period.
- Based on imaging technology, the CT biopsy segment is showing rapid growth and is expected to grow at a CAGR of 6.6% from 2019 to 2026.
Based on application, breast segment accounted for more than one-fifth of the global biopsy device market in 2018 and is expected to dominate throughout the forecast period. This is due to the use of needle biopsy equipment in breast biopsy. The lung segment, on the other hand, is expected to grow at the fastest CAGR of 7.6% during the study period. This is due to the large increase in lung cancer worldwide.
On an end-user basis, the clinical sector gained the largest share in 2018, holding nearly two-fifths of the global biopsy device market. Easy access to biopsy tools and equipment in hospitals has fueled that growth. At the same time, the diagnostic and imaging segment will register the fastest CAGR of 6.6% through 2026. Low process costs are driving the growth.
♦ 𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭:
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North America accounted for the largest share of the Biopsy Devices market size and is expected to continue this trend due to availability of well-developed infrastructure, presence of several key players, increasing number of cancer patients and availability of qualified health professionals. On the other hand, Asia-Pacific is expected to register the fastest growth during the forecast period.
Key Market Players –
Major key players that operate in the industry are Argon Medical Devices, Inc., B. Braun Melsungen AG, Becton Dickinson and Company (C.R. Bard, Inc.), Boston Scientific Corporation, Cardinal Health, Inc., Cook Medical, Inc., Danaher Corporation (Leica Microsystem), Fujifilm Holdings Corp., Hologic, Inc., and Medtronic plc.
By Region –
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
♦ 𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
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Frequently Asked Questions?
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