Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

What Long-Term Growth Rate is Expected for the Smart Biopsy Devices Market Between 2025 and 2034?

The smart biopsy devices market has demonstrated strong growth. It is set to expand from $2.85 billion in 2024 to $3.04 billion in 2025, at a CAGR of 6.4%. Contributing factors to past growth include an increase in cancer cases, the demand for minimally invasive procedures, technological innovations in medical devices, and improved diagnostic accuracy.

The smart biopsy devices market is expected to experience strong growth, reaching $4.05 billion by 2029 at a CAGR of 7.5%. Growth factors include advancements in personalized medicine, improvements in imaging modalities, the increasing role of biopsies in biomarker analysis, market entry of new players, and enhanced data connectivity. Major trends include robot-assisted biopsies, AI-driven biopsy assistance, the emergence of wireless biopsy tools, development of portable and handheld devices, and the introduction of real-time guidance systems.

What External and Internal Drivers Are Contributing to the Growth of the Market’s Growth?

The increasing number of cancer cases is anticipated to propel the growth of the smart biopsy devices market in the future. Cancer represents a wide range of diseases that can arise in almost any organ or tissue when abnormal cells proliferate uncontrollably, breach normal boundaries, and either invade neighboring tissues or spread to other organs. The growing incidence of cancer has heightened the demand for accurate and targeted tissue samples, leading to the development of advanced smart biopsy devices with improved molecular, imaging, and precision capabilities for assisting in diagnosis and treatment planning. For example, the World Health Organization, a Switzerland-based intergovernmental organization, projected in January 2024 that there will be over 35 million new cancer cases by 2050, reflecting a 77% increase from the estimated 20 million cases and 9.7 million deaths in 2022. Thus, the rising cancer incidence is driving the smart biopsy device market’s growth.

Get Your Free Sample of the Global Smart Biopsy Devices Market Report Now!

https://www.thebusinessresearchcompany.com/sample.aspx?id=12271&type=smp

What Are the Key Firms That Are Driving Transformation in the Smart Biopsy Devices Market?

Major companies operating in the smart biopsy devices market include:

• Cardinal Health Inc_x000D_

• General Electric Company_x000D_

• Medtronic Plc_x000D_

• Danaher Corporation_x000D_

• Canon Medical Systems Corporation_x000D_

What Current Trends in the Smart Biopsy Devices Market Should Industry Players Pay Attention To?

Technological advancements are driving innovation in the smart biopsy device market. Leading companies in this sector are developing advanced products, such as breast biopsy markers, to improve diagnostic precision and effectiveness in breast cancer detection. These markers help accurately identify the biopsy site, aiding in treatment and monitoring for malignancies. For example, in August 2022, Mammotome, a US-based medical device company, launched the Mammotome DualCore Dual Stage Core Biopsy System. This minimally invasive device enhances biopsy accuracy through a dual-stage process and is often used with ultrasound guidance, offering a comprehensive solution for breast cancer diagnosis.

Get Instant Access to the Global Smart Biopsy Devices Market Report with Swift Delivery!

https://www.thebusinessresearchcompany.com/report/smart-biopsy-devices-global-market-report

What Are the Primary Segments of the Smart Biopsy Devices Market and Their Roles in Growth Dynamics?

The smart biopsy devices market covered in this report is segmented –

1) By Product: Needle-Based Biopsy Instruments, Procedure Trays, Localization Wires, Other Products

2) By Guidance Technique: Ultrasound-Guided Biopsy, Stereotactic-Guided Biopsy, Magnetic Resonance Imaging-Guided Biopsy, Other Guidance Techniques

3) By Application: Breast Cancer, Skin Cancer, Liver Cancer, Prostate Cancer, Other Applications

4) By End-User: Hospitals, Academic And Research Institutes, Diagnostic And Imaging Centers

Subsegments:

1) By Needle-Based Biopsy Instruments: Core Needle Biopsy Devices, Fine Needle Aspiration (FNA) Devices, Vacuum-Assisted Biopsy Devices

2) By Procedure Trays: Pre-Packaged Biopsy Procedure Trays, Customizable Procedure Trays

3) By Localization Wires: Hook Wire Localization Devices, Radar Localization Devices, Magnetic Localization Devices

4) By Other Products: Biopsy Markers, Biopsy Imaging Systems, Biopsy Guidance Systems

What Regions Are Driving Expansion in the Smart Biopsy Devices Market?

North America was the largest region in the smart biopsy devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the smart biopsy devices market report during the forecast period. The regions covered in the smart biopsy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Key Parameters Define the Smart Biopsy Devices Market’s Scope?

Smart biopsy devices refer to intelligent instruments intended to increase the precision and efficiency of tissue samples during medical procedures. It has features such as image guidance, real-time feedback, or robotic help to improve diagnostic capabilities and patient outcomes. It is used for diagnosing cancer and delivering therapeutic drugs.

Browse Through More Similar Reports By The Business Research Company:

Dairy Processing Equipment Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/dairy-processing-equipment-global-market-report

Milking Machines Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/milking-machines-global-market-report

Refrigerated Warehousing And Storage Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/refrigerated-warehousing-and-storage-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: