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2024-2033 Breast Biopsy Market Growth Rate: What’s the Forecast?

The breast biopsy market has grown strongly, increasing from $1.33 billion in 2023 to $1.42 billion in 2024 at a CAGR of 7.3%. Growth drivers include the rising prevalence of breast cancer, an aging population, growing awareness programs, increasing healthcare expenditure, and a shift toward outpatient and ambulatory care settings.

The breast biopsy market is expected to reach $1.89 billion by 2028, growing at a CAGR of 7.4%. This market growth is attributed to healthcare sector infrastructure development, personalized medicine, expanding healthcare access, regulatory support, and the rise of telemedicine. Key trends include robotic integration in biopsy procedures, home-based biopsy kits, genomic biopsies, blockchain for data security, and post-biopsy monitoring tools.

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What Drivers Are Accelerating the Growth of the breast biopsy Market?

The rising prevalence of breast cancer is expected to drive the breast biopsy market. Breast cancer, a malignant tumor in breast tissue, is becoming more common due to factors such as increased life expectancy and improved detection. Breast biopsy is crucial for diagnosing and assessing breast cancer. The American Cancer Society reported in January 2023 that new invasive breast cancer cases in the U.S. increased from 281,550 in 2021 to 297,790 in 2023, highlighting the rising need for breast biopsy procedures.

What Key Segments Can Be Identified in the Breast Biopsy Market?

1) By Type: Biopsy Needles, Guidance Systems, Biopsy Tables, Localization Wires, Assay Kits, Liquid Biopsy Instruments, Other Types

2) By Image Guided Technology: Magnetic Resonance Imaging (MRI1) Guided Breast Biopsy, Ultrasound Guided Breast Biopsy, Mammography Guided Stereotactic Biopsy, Computed Tomography (CT1) Guided Biopsy, Other Image Guided Breast Biopsy

3) By Procedure: Needle Breast Biopsy, Open Surgical Breast Biopsy, Liquid Breast Biopsy

4) By Application: Hospitals, Clinics, Diagnostic Centers, Other Applications

What Trends Are On the Rise in the 87 Market?

Leading companies in the breast biopsy market are focusing on creating innovative solutions, such as vacuum-assisted breast biopsy systems, to improve care for patients with benign lesions. A vacuum-assisted breast biopsy system uses suction to collect multiple tissue samples from a suspicious breast area with a single needle insertion. For example, in August 2022, Devicor Medical Products, Inc. launched the Mammotome Revolve EX Dual Vacuum-Assisted Breast Biopsy System. This system uses a dual vacuum mechanism to enhance tissue collection, offering high-volume sampling and better accuracy. It features an ergonomic design with a rotating probe for maneuverability and minimizes patient discomfort with a single insertion. Additionally, it integrates real-time imaging for precise targeting and efficient biopsy procedures.

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What Regions Are Steering Growth in the Breast Biopsy Sector?

North America was the largest region in the breast biopsy market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the breast biopsy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Breast Biopsy Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the breast biopsy market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Breast Biopsy Market Include

1. Breast Biopsy Market Executive Summary

2. Breast Biopsy Market Segments

3. Breast Biopsy Market Size And Template Market Growth Rate

4. Key Breast Biopsy Market Trends

5. Major Breast Biopsy Market Drivers

……

25. Key Mergers And Acquisitions In The Breast Biopsy Market

26. Top Breast Biopsy Companies

27. Breast Biopsy Market Opportunities And Strategies

28. Breast Biopsy Market, Conclusions And Recommendations

29. Appendix

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