The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s biopsy devices market report forecasts the biopsy devices market size to grow to $3.83 Billion by 2027, with a CAGR (compound annual growth rate) of more than 7%.

Learn More On The Biopsy Devices Market Report 2023 – https://www.thebusinessresearchcompany.com/report/biopsy-devices-global-market-report

Biopsy Devices Market Size Forecast
The global biopsy devices market is expected to grow from $2.64 billion in 2022 to $2.86 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The biopsy devices market is expected to grow from $3.83 billion in 2027 at a CAGR of 7.6%.

North America held the largest biopsy devices market share.

Key Biopsy Devices Market Driver ­– Rise In The Number Of Cancer Cases
For instance, in 2020, according to the American Institute of cancer research, there were an estimated 18.1 million cancer cases around the world. It was estimated that 9.3 million cases were in men and 8.8 million in women. Among them, lung and breast cancers are the most common cancers in the world, and about 12.5% and 12.2% of the new cases are diagnosed in 2020.

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Key Biopsy Devices Market Trend – Robot-Assisted Biopsy Systems
For instance, in July 2022, the FDA cleared Siemens Healthineers’ and Intuitive’s platforms to make a robotic-assisted platform for minimally invasive lung biopsies. The integration would allow 2D and 3D imaging during procedures.

Biopsy Devices Market Segment

1) By Product Type: Needle-Based Biopsy Instruments, Core Biopsy Devices, Aspiration Biopsy Needles, Vacuum-Assisted Biopsy Devices, Biopsy Forceps, Localization Wires

2) By Imaging Technology: MRI-guided biopsy, Stereotactic-guided biopsy, Ultrasound-guided biopsy, CT scan.

3) By Application: Breast Biopsy, Gynecological Biopsy, Prostate biopsy, Liver biopsy, Lung biopsy, Kidney biopsy, Gastroenterology biopsy, Other Applications

4) By End User: Diagnostics & Imaging Centers, Hospitals, Other End Users

Biopsy Devices Market Major Players and Strategies
Major players in the biopsy devices market are Becton Dickinson and Company (BD), Cook Medical, Argon Medical Devices, Hologic, Boston Scientific Corporation, Cardinal Health, B. Braun Melsungen AG, Medtronic, Devicor Medical Products, and Danaher Corporation (Leica Microsystem).

In February 2020, MEDTRONIC PLC., a US-based medical device company, acquired Digital Surgery for an undisclosed amount. The acquisition would strengthen Medtronic’s robot-assisted surgical platform and broaden its portfolio. Digital Surgery is a London-based company in surgical artificial intelligence and robot-assisted surgery.

The Biopsy Devices Global Market Report 2023 covers regional data on biopsy devices market size, biopsy devices market trends and drivers, opportunities, strategies, and biopsy devices market competitor analysis. The countries covered in the biopsy devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The biopsy devices are used to extract sample cells or tissues from the patient’s body to be examined to determine the presence of a disease.

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