Biopsy Devices Market was valued at US$ 2.91 Bn. in 2022 and is expected to reach US$5.68 Bn. in forecast period and the market size is expected to grow at a CAGR of 10.02% through the forecast period.Biopsy Devices Market Overview:
Biopsy devices are several pieces of equipment used to surgically remove tissues from an organ. Surgeons, radiologists, cardiologists, and other medical professionals use them to determine the existence and degree of malignant and inflammatory disorders. Some of the most widely used biopsy equipment include aspiration needles, forceps, and localization wires. These instruments are utilised in MRI-guided, needle-based, core, and vacuum-assisted biopsies of the liver, lungs, kidneys, and breasts, among other body areas. They're used in a wide range of healthcare settings, including medical clinics, diagnostic centres, and hospitals. The report explores the Global Biopsy Devices Market segments (Product, Application, End User and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). The MMR market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2021. The report investigates the Global Biopsy Devices Market drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Global Biopsy Devices Market contemporary competitive scenario.To know about the Research Methodology :- Request Free Sample Report
Biopsy Devices Market Dynamics:
The Global Biopsy Devices Market is likely to benefit from rising demand for less invasive operations and disposable biopsy devices. Patients and healthcare practitioners are becoming more interested in technologically improved biopsy guided devices, such as vacuum-assisted guns. The advent of cost-effective and improved devices, as well as the growing elderly population, are expected to fuel the growth of the Global Biopsy Devices Market. The need for reliable diagnostic procedures is growing in response to rising cancer-related spending. Governments and healthcare regulatory agencies all over the world are continually working to bring down the exorbitant expenses connected with cancer treatment. Patients in emerging countries' primary and secondary healthcare centres are encouraged to have regular diagnostic exams. The use of biopsy devices results in a lower number of hospital stays and a shorter recovery time. The rise is accompanied by an increase in the incidence of cancers such as breast, prostate, and lung, as well as significant technological advancements. Furthermore, increased awareness of chronic disease diagnosis is likely to boost demand for biopsy instruments over the forecast period. The market's strong growth can be ascribed to rising cancer rates, advantageous reimbursement programmes, and a shift toward less invasive procedures. More advanced, effective, and safe biopsy methods are being developed as the patient pool grows. Various government and healthcare organisation activities aimed at cancer treatment and diagnosis would help the market develop even faster throughout the forecast period. Increasing healthcare spending and substantial research and development (R&D) activities are also having a beneficial impact on the industry.The use of biopsy equipment is being fueled by rapid technology improvements such as vacuum assisted guns, 3D optical biopsies, MRI-targeted biopsies, and Ultrasound-guided biopsies. More people are choosing for biopsy procedures since they can be used to diagnose practically every organ.Segment Analysis:
Based on Type, Needle-based biopsy guns held the highest market share in 2021. Rising demand for soft tissues of internal organs such as the breasts, kidneys, and lungs, as well as an increased necessity for speedy and delicate collection of cell samples for biopsy, are driving the growth of the Global Biopsy Devices Market. Furthermore, the advent of technologically advanced devices like as INRAD Inc.'s Aspiration biopsy syringe gun is expected to propel the Global Biopsy Devices Market forward throughout the forecast period. Based on the Application, breast biopsy registers the largest share of the market due to surging prevalence of breast cancer and growth in awareness about the disease.Regional Insights:
The North America region dominated the market with xx% share in 2021. The Asia Pacific region is expected to witness significant growth through the forecast period. North America dominates the biopsy devices market Because of the presence of leading industry players catering to increasing product demand. Increased per capita healthcare expenditure, as well as the growing adoption of new and advanced diagnostic techniques, are driving high demand for biopsy devices in the region. Due to the high senior population, rising cancer frequency in countries like India, China, and Australia, as well as improving healthcare infrastructure within the area, Asia-Pacific is predicted to rise significantly from 2022 to 2029. The objective of the report is to present a comprehensive analysis of the Global Biopsy Devices Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Global Biopsy Devices Market dynamic, structure by analyzing the market segments and projecting the Global Biopsy Devices Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Biopsy Devices Market make the report investor’s guide.Biopsy Devices Market Scope: Inquire before buying
Global Biopsy Devices Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 2.91 Bn. Forecast Period 2022 to 2029 CAGR: 10.02% Market Size in 2029: US $ 5.68 Bn. Segments Covered: by Product Needle-based Biopsy Instruments Devices Guns Needles Localization Wires Procedure Trays by Application Breast Biopsy Lung Biopsy Colorectal Biopsy Others by End User Hospitals Academic and Research Institutes Diagnostic and Imaging Centers Others Biopsy Devices Market by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)Biopsy Devices Market Key Players
1. Cardinal Health Inc. 2. Hologic, Inc. 3. Danaher Corporation 4. CONMED Corporation 5. Cook Medical 6. DTR Medical 7. INRAD, Inc. 8. Devicor Medical Products Inc. 9. Gallini Srl 10. TransMed7, LLC 11. Argon Medical Devices 12. Boston Scientific 13. Becton, Dickinson and Company Frequently Asked Questions: 1. Which region has the largest share in Global Biopsy Devices Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Biopsy Devices Market? Ans: The Global Market is growing at a CAGR of 5.68% during forecasting period 2023-2029. 3. What is scope of the Global Biopsy Devices Market report? Ans: Global Biopsy Devices Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What is the study period of this Market? Ans: The Global Biopsy Devices Market is studied from 2022 to 2029.
1. Biopsy Devices Market: Research Methodology 2. Biopsy Devices Market Introduction 2.1. Study Assumption and Market Definition 2.2. Scope of the Study 2.3. Executive Summary 3. Biopsy Devices Market: Dynamics 3.1. Biopsy Devices Market Trends 3.2. Biopsy Devices Market Dynamics 3.2.1. Biopsy Devices Market Drivers 3.2.2. Biopsy Devices Market Restraints 3.2.3. Biopsy Devices Market Opportunities 3.2.4. Biopsy Devices Market Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Value Chain 3.6. Regulatory Landscape by Region 3.6.1. North America 3.6.2. Europe 3.6.3. Asia Pacific 3.6.4. Middle East and Africa 3.6.5. South America 3.7. Personalized Medicine and Targeted Therapies 3.7.1. Integration of biopsy data in the era of personalized medicine. 3.7.2. Influence of biopsy results on the development of targeted therapies. 3.7.3. Market implications of a shift towards precision medicine. 3.8. Analysis of Government Schemes and Initiatives For Pole Mounted Transformer Industry 3.9. The Global Pandemic Impact on Biopsy Devices Market 4. Biopsy Devices Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) (2022-2029) 4.1. Biopsy Devices Market Size and Forecast, by Type (2022-2029) 4.1.1. Needle-based Biopsy Instruments 4.1.2. Devices 4.1.3. Guns 4.1.4. Needles 4.1.5. Localization Wires 4.1.6. Procedure Trays 4.2. Biopsy Devices Market Size and Forecast, by Application (2022-2029) 4.2.1. Breast Biopsy 4.2.2. Lung Biopsy 4.2.3. Colorectal Biopsy 4.2.4. Other 4.3. Biopsy Devices Market Size and Forecast, by End User (2022-2029) 4.3.1. Hospitals 4.3.2. Academic and Research Institutes 4.3.3. Diagnostic and Imaging Centers 4.3.4. Others 4.4. Biopsy Devices Market Size and Forecast, by Region (2022-2029) 4.4.1. North America 4.4.2. Europe 4.4.3. Asia Pacific 4.4.4. Middle East and Africa 4.4.5. South America 5. North America Biopsy Devices Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) (2022-2029) 5.1. North America Biopsy Devices Market Size and Forecast, by Type (2022-2029) 5.1.1. Needle-based Biopsy Instruments 5.1.2. Devices 5.1.3. Guns 5.1.4. Needles 5.1.5. Localization Wires 5.1.6. Procedure Trays 5.2. North America Biopsy Devices Market Size and Forecast, by Application (2022-2029) 5.2.1. Breast Biopsy 5.2.2. Lung Biopsy 5.2.3. Colorectal Biopsy 5.2.4. Other 5.3. North America Biopsy Devices Market Size and Forecast, by End User (2022-2029) 5.3.1. Hospitals 5.3.2. Academic and Research Institutes 5.3.3. Diagnostic and Imaging Centers 5.3.4. Others 5.4. Biopsy Devices Market Size and Forecast, by Country (2022-2029) 5.4.1. United States 5.4.1.1. United States Biopsy Devices Market Size and Forecast, by Type (2022-2029) 5.4.1.1.1. Needle-based Biopsy Instruments 5.4.1.1.2. Devices 5.4.1.1.3. Guns 5.4.1.1.4. Needles 5.4.1.1.5. Localization Wires 5.4.1.1.6. Procedure Trays 5.4.1.2. United States Biopsy Devices Market Size and Forecast, by Application (2022-2029) 5.4.1.2.1. Breast Biopsy 5.4.1.2.2. Lung Biopsy 5.4.1.2.3. Colorectal Biopsy 5.4.1.2.4. Other 5.4.1.3. United States Biopsy Devices Market Size and Forecast, by End User (2022-2029) 5.4.1.3.1. Hospitals 5.4.1.3.2. Academic and Research Institutes 5.4.1.3.3. Diagnostic and Imaging Centres 5.4.1.3.4. Others Canada 5.4.1.4. Canada Biopsy Devices Market Size and Forecast, by Type (2022-2029) 5.4.1.4.1. Needle-based Biopsy Instruments 5.4.1.4.2. Devices 5.4.1.4.3. Guns 5.4.1.4.4. Needles 5.4.1.4.5. Localization Wires 5.4.1.4.6. Procedure Trays 5.4.1.5. Canada Biopsy Devices Market Size and Forecast, by Application (2022-2029) 5.4.1.5.1. Breast Biopsy 5.4.1.5.2. Lung Biopsy 5.4.1.5.3. Colorectal Biopsy 5.4.1.5.4. Other 5.4.1.6. Canada Biopsy Devices Market Size and Forecast, by End User (2022-2029) 5.4.1.6.1. Hospitals 5.4.1.6.2. Academic and Research Institutes 5.4.1.6.3. Diagnostic and Imaging Centers 5.4.1.6.4. Others 5.4.2. Mexico 5.4.2.1. Mexico Biopsy Devices Market Size and Forecast, by Type (2022-2029) 5.4.2.1.1. Needle-based Biopsy Instruments 5.4.2.1.2. Devices 5.4.2.1.3. Guns 5.4.2.1.4. Needles 5.4.2.1.5. Localization Wires 5.4.2.1.6. Procedure Trays 5.4.2.2. Mexico Biopsy Devices Market Size and Forecast, by Application (2022-2029) 5.4.2.2.1. Breast Biopsy 5.4.2.2.2. Lung Biopsy 5.4.2.2.3. Colorectal Biopsy 5.4.2.2.4. Other 5.4.2.3. Mexico Biopsy Devices Market Size and Forecast, by End User (2022-2029) 5.4.2.3.1. Hospitals 5.4.2.3.2. Academic and Research Institutes 5.4.2.3.3. Diagnostic and Imaging Centers 5.4.2.3.4. Others 6. Europe Biopsy Devices Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) (2022-2029) 6.1. Europe Biopsy Devices Market Size and Forecast, by Type (2022-2029) 6.2. Europe Biopsy Devices Market Size and Forecast, by Application (2022-2029) 6.3. Europe Biopsy Devices Market Size and Forecast, by End User(2022-2029) 6.4. Europe Biopsy Devices Market Size and Forecast, by Country (2022-2029) 6.4.1. United Kingdom 6.4.1.1. United Kingdom Biopsy Devices Market Size and Forecast, by Type (2022-2029) 6.4.1.2. United Kingdom Biopsy Devices Market Size and Forecast, by Application (2022-2029) 6.4.1.3. United Kingdom Biopsy Devices Market Size and Forecast, by End User(2022-2029) 6.4.2. France 6.4.2.1. France Biopsy Devices Market Size and Forecast, by Type (2022-2029) 6.4.2.2. France Biopsy Devices Market Size and Forecast, by Application (2022-2029) 6.4.2.3. France Biopsy Devices Market Size and Forecast, by End User(2022-2029) 6.4.3. Germany 6.4.3.1. Germany Biopsy Devices Market Size and Forecast, by Type (2022-2029) 6.4.3.2. Germany Biopsy Devices Market Size and Forecast, by Application (2022-2029) 6.4.3.3. Germany Biopsy Devices Market Size and Forecast, by End User(2022-2029) 6.4.4. Italy 6.4.4.1. Italy Biopsy Devices Market Size and Forecast, by Type (2022-2029) 6.4.4.2. Italy Biopsy Devices Market Size and Forecast, by Application (2022-2029) 6.4.4.3. Italy Biopsy Devices Market Size and Forecast, by End User(2022-2029) 6.4.5. Spain 6.4.5.1. Spain Biopsy Devices Market Size and Forecast, by Type (2022-2029) 6.4.5.2. Spain Biopsy Devices Market Size and Forecast, by Application (2022-2029) 6.4.5.3. Spain Biopsy Devices Market Size and Forecast, by End User(2022-2029) 6.4.6. Sweden 6.4.6.1. Sweden Biopsy Devices Market Size and Forecast, by Type (2022-2029) 6.4.6.2. Sweden Biopsy Devices Market Size and Forecast, by Application (2022-2029) 6.4.6.3. Sweden Biopsy Devices Market Size and Forecast, by End User(2022-2029) 6.4.7. Austria 6.4.7.1. Austria Biopsy Devices Market Size and Forecast, by Type (2022-2029) 6.4.7.2. Austria Biopsy Devices Market Size and Forecast, by Application (2022-2029) 6.4.7.3. Austria Biopsy Devices Market Size and Forecast, by End User(2022-2029) 6.4.8. Rest of Europe 6.4.8.1. Rest of Europe Biopsy Devices Market Size and Forecast, by Type (2022-2029) 6.4.8.2. Rest of Europe Biopsy Devices Market Size and Forecast, by Application (2022-2029) 6.4.8.3. Rest of Europe Biopsy Devices Market Size and Forecast, by End User(2022-2029) 7. Asia Pacific Biopsy Devices Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) (2022-2029) 7.1. Asia Pacific Biopsy Devices Market Size and Forecast, by Type (2022-2029) 7.2. Asia Pacific Biopsy Devices Market Size and Forecast, by Application (2022-2029) 7.3. Asia Pacific Biopsy Devices Market Size and Forecast, by End User(2022-2029) 7.4. Asia Pacific Biopsy Devices Market Size and Forecast, by Country (2022-2029) 7.4.1. China 7.4.1.1. China Biopsy Devices Market Size and Forecast, by Type (2022-2029) 7.4.1.2. China Biopsy Devices Market Size and Forecast, by Application (2022-2029) 7.4.1.3. China Biopsy Devices Market Size and Forecast, by End User(2022-2029) 7.4.1.4. China Biopsy Devices Market Size and Forecast, by Type (2022-2029) 7.4.1.5. China Biopsy Devices Market Size and Forecast, by Application (2022-2029) 7.4.1.6. China Biopsy Devices Market Size and Forecast, by End User(2022-2029) 7.4.2. Japan 7.4.2.1. Japan Biopsy Devices Market Size and Forecast, by Type (2022-2029) 7.4.2.2. Japan Biopsy Devices Market Size and Forecast, by Application (2022-2029) 7.4.2.3. Japan Biopsy Devices Market Size and Forecast, by End User(2022-2029) 7.4.3. India 7.4.3.1. India Biopsy Devices Market Size and Forecast, by Type (2022-2029) 7.4.3.2. India Biopsy Devices Market Size and Forecast, by Application (2022-2029) 7.4.3.3. India Biopsy Devices Market Size and Forecast, by End User(2022-2029) 7.4.4. Australia 7.4.4.1. Australia Biopsy Devices Market Size and Forecast, by Type (2022-2029) 7.4.4.2. Australia Biopsy Devices Market Size and Forecast, by Application (2022-2029) 7.4.4.3. Australia Biopsy Devices Market Size and Forecast, by End User(2022-2029) 7.4.5. Indonesia 7.4.5.1. Indonesia Biopsy Devices Market Size and Forecast, by Type (2022-2029) 7.4.5.2. Indonesia Biopsy Devices Market Size and Forecast, by Application (2022-2029) 7.4.5.3. Indonesia Biopsy Devices Market Size and Forecast, by End User(2022-2029) 7.4.6. Malaysia 7.4.6.1. Malaysia Biopsy Devices Market Size and Forecast, by Type (2022-2029) 7.4.6.2. Malaysia Biopsy Devices Market Size and Forecast, by Application (2022-2029) 7.4.6.3. Malaysia Biopsy Devices Market Size and Forecast, by End User(2022-2029) 7.4.7. Vietnam 7.4.7.1. Vietnam Biopsy Devices Market Size and Forecast, by Type (2022-2029) 7.4.7.2. Vietnam Biopsy Devices Market Size and Forecast, by Application (2022-2029) 7.4.7.3. Vietnam Biopsy Devices Market Size and Forecast, by End User(2022-2029) 7.4.8. Taiwan 7.4.8.1. Taiwan Biopsy Devices Market Size and Forecast, by Type (2022-2029) 7.4.8.2. Taiwan Biopsy Devices Market Size and Forecast, by Application (2022-2029) 7.4.8.3. Taiwan Biopsy Devices Market Size and Forecast, by End User(2022-2029) 7.4.9. Rest of Asia Pacific 7.4.9.1. Rest of Asia Pacific Biopsy Devices Market Size and Forecast, by Type (2022-2029) 7.4.9.2. Rest of Asia Pacific Biopsy Devices Market Size and Forecast, by Application (2022-2029) 7.4.9.3. Rest of Asia Pacific Biopsy Devices Market Size and Forecast, by End User(2022-2029) 8. Middle East and Africa Biopsy Devices Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) (2022-2029) 8.1. Middle East and Africa Biopsy Devices Market Size and Forecast, by Type (2022-2029) 8.2. Middle East and Africa Biopsy Devices Market Size and Forecast, by Application (2022-2029) 8.3. Middle East and Africa Biopsy Devices Market Size and Forecast, by End User(2022-2029) 8.4. Middle East and Africa Biopsy Devices Market Size and Forecast, by Country (2022-2029) 8.4.1. South Africa 8.4.1.1. South Africa Biopsy Devices Market Size and Forecast, by Type (2022-2029) 8.4.1.2. South Africa Biopsy Devices Market Size and Forecast, by Application (2022-2029) 8.4.1.3. South Africa Biopsy Devices Market Size and Forecast, by End User(2022-2029) 8.4.2. GCC 8.4.2.1. GCC Biopsy Devices Market Size and Forecast, by Type (2022-2029) 8.4.2.2. GCC Biopsy Devices Market Size and Forecast, by Application (2022-2029) 8.4.2.3. GCC Biopsy Devices Market Size and Forecast, by End User(2022-2029) 8.4.3. Nigeria 8.4.3.1. Nigeria Biopsy Devices Market Size and Forecast, by Type (2022-2029) 8.4.3.2. Nigeria Biopsy Devices Market Size and Forecast, by Application (2022-2029) 8.4.3.3. Nigeria Biopsy Devices Market Size and Forecast, by End User(2022-2029) 8.4.3.4. 8.4.4. Rest of ME&A 8.4.4.1. Rest of ME&A Biopsy Devices Market Size and Forecast, by Type (2022-2029) 8.4.4.2. Rest of ME&A Biopsy Devices Market Size and Forecast, by Application (2022-2029) 8.4.4.3. Rest of ME&A Biopsy Devices Market Size and Forecast, by End User(2022-2029) 9. South America Biopsy Devices Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) (2022-2029) 9.1. South America Biopsy Devices Market Size and Forecast, by Type (2022-2029) 9.2. South America Biopsy Devices Market Size and Forecast, by Application (2022-2029) 9.3. South America Biopsy Devices Market Size and Forecast, by End User(2022-2029) 9.4. South America Biopsy Devices Market Size and Forecast, by Country (2022-2029) 9.4.1. Brazil 9.4.1.1. Brazil Biopsy Devices Market Size and Forecast, by Type (2022-2029) 9.4.1.2. Brazil Biopsy Devices Market Size and Forecast, by Application (2022-2029) 9.4.1.3. Brazil Biopsy Devices Market Size and Forecast, by End User(2022-2029) 9.4.2. Argentina 9.4.2.1. Argentina Biopsy Devices Market Size and Forecast, by Type (2022-2029) 9.4.2.2. Argentina Biopsy Devices Market Size and Forecast, by Application (2022-2029) 9.4.2.3. Argentina Biopsy Devices Market Size and Forecast, by End User(2022-2029) 9.4.3. Argentina 9.4.4. Rest Of South America 9.4.4.1. Rest Of South America Biopsy Devices Market Size and Forecast, by Type (2022-2029) 9.4.4.2. Rest Of South America Biopsy Devices Market Size and Forecast, by Application (2022-2029) 9.4.4.3. Rest Of South America Biopsy Devices Market Size and Forecast, by End User(2022-2029) 10. Global Biopsy Devices Market: Competitive Landscape 10.1. MMR Competition Matrix 10.2. Competitive Landscape 10.3. Key Players Benchmarking 10.3.1. Company Name 10.3.2. End User 10.3.3. Revenue (2022) 10.3.4. Company Locations 10.4. Leading Biopsy Devices Market Companies, by market capitalization 10.5. Market Structure 10.5.1. Market Leaders 10.5.2. Market Followers 10.5.3. Emerging Players 10.6. Mergers and Acquisitions Details 11. Company Profile: Key Players 11.1. Cardinal Health Inc. 11.1.1. Company Overview 11.1.2. Business Portfolio 11.1.3. Financial Overview 11.1.4. SWOT Analysis 11.1.5. Strategic Analysis 11.1.6. Scale of Operation (small, medium, and large) 11.1.7. Details on Partnership 11.1.8. Regulatory Accreditations and Certifications Received by Them 11.1.9. Awards Received by the Firm 11.1.10. Recent Developments 11.2. Hologic, Inc. 11.3. Danaher Corporation 11.4. CONMED Corporation 11.5. Cook Medical 11.6. DTR Medical 11.7. INRAD, Inc. 11.8. Devicor Medical Products Inc. 11.9. Gallini Srl 11.10. TransMed7, LLC 11.11. Argon Medical Devices 11.12. Boston Scientific 11.13. Becton, Dickinson and Company 12. Key Findings 13. Industry Recommendations 14. Terms and Glossary