Biopsy Devices Market Overview: Market Size, Drivers And Trends
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
North America held the largest biopsy devices market share.
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 biopsy devices market is expected to grow from $3.83 billion in 2027 at a CAGR of 7.6%.
Major Driver In The Biopsy Devices Market – Rise In The Number Of Cancer Cases
According to the American Institute of Cancer Research, there will be an estimated 18.1 million cancer cases worldwide in 2020. It was predicted that 9.3 million males and 8.8 million women were affected. Lung and breast cancers are the most frequent malignancies in the world, accounting for approximately 12.5% and 12.2% of new cases diagnosed in 2020, respectively.
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Key Biopsy Devices Market Segments
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
Recent Biopsy Devices Market Trend – Adopting Robot-Assisted Biopsy Systems
Robot-assisted biopsy technologies are reshaping the biopsy device industry and reducing post-biopsy consequences. Robot-assisted biopsy is performed to improve the precision and accuracy of the biopsy process, and medical authorities have approved technologies to make the process easier. For example, the FDA approved Siemens Healthineers’ and Intuitive’s platforms in July 2022 to develop a robotic-assisted platform for minimally invasive lung biopsies. During procedures, the integration would enable for 2D and 3D imaging.
Biopsy Devices Market Prominent Players
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).
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The Biopsy Devices Global Market Report 2023 provides a comprehensive overview on the biopsy devices market size, trends and drivers, opportunities, strategies, and companies 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.
Biopsy instruments are used to harvest cells or tissues from a patient’s body to be tested for the presence of disease.
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