Smart Biopsy Devices Market Trends 2025-2034: Growth, Strategic Insights, and Opportunities Ahead
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Industry-Specific Factors Are Fueling the Growth of theSmart Biopsy Devices Market?
The smart biopsy devices market is predicted to grow due to the escalating rate of cancer incidences. The expansive category of diseases known as cancer consists of abnormal cells that rapidly multiply beyond their regular boundaries and either invade adjacent parts of the body or metastasize to other organs. The surge in cancer occurrences has necessitated the need for more accurate and targeted tissue sample testing. This has spurred the development and enhancement of innovative smart biopsy devices with superior molecular, imaging, and precision abilities to aid in diagnosis and treatment strategies. For instance, the World Health Organization, an Intergovernmental organization based in Switzerland, forecasts that by 2050 there will be over 35 million new cancer cases, a growth of 77% compared to the estimated 20 million cases and 9.7 million fatalities documented in 2022. Thus, the growth of the smart biopsy device market is being fueled by the escalating incidence of cancer cases.
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#How Does the ProjectedSmart Biopsy Devices Market Growth Compare Over the Forecast Period?
The market size for smart biopsy devices has seen significant expansion in the last few years. It is projected to witness a leap from a valuation of $2.85 billion in 2024 to $3.04 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%. The surge experienced during the historic timeline can be credited to the rise in cancer incidences, the preference for less invasive procedures, advancements in medical devices, and enhanced diagnostic precision.
The market for smart biopsy devices is predicted to experience significant growth in the upcoming years. The market is slated to reach a value of $4.05 billion in 2029, with a compound annual growth rate (CAGR) of 7.5%. This expansion during the forecast period is expected to be driven by factors such as the growth of personalized medicine, advancements in imaging techniques, an increase in biopsy for biomarker analysis, the emergence of new market players, and improved data connectivity. Noteworthy trends for the forecast period encompass robotic-assisted biopsies, artificial intelligence-driven biopsy support, the advent of wireless biopsy instruments, portable and handheld devices, and real-time guidance systems.
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What Key Market Trends and Innovations Are Shaping the Future of theSmart Biopsy Devices Industry?
Big players in the smart biopsy device market are introducing new and improved products, such as breast biopsy markers, to enhance the precision and effectiveness of breast cancer diagnostics. These markers serve to accurately identify the location of a tissue sample obtained during a biopsy, providing a roadmap for future treatments and ensuring the exact area is scrutinized for potential malignancies. For example, in August 2022, the American medical device company, Mammotome, released the Mammotome DualCore Dual Stage Core Biopsy System. This minimally invasive breast biopsy device employs a dual-stage approach to yield accurate, high-quality tissue samples. Often used in conjunction with ultrasound guidance, it assures a precise, secure, and efficient breast cancer diagnosis. By integrating this system with advanced breast biopsy markers, clinicians are presented with a cutting-edge, all-encompassing solution for ultrasound-guided breast biopsies.
Which Companies Are Leading the Charge in Expanding theSmart Biopsy Devices Market Growth?
Major companies operating in the smart biopsy devices market include Cardinal Health Inc, General Electric Company, Medtronic Plc, Danaher Corporation, Canon Medical Systems Corporation, Toshiba Corporation, Siemens Healthineers, FUJIFILM Holdings Corporation, Becton Dickinson and Company, Boston Scientific Corporation, B. Braun Melsungen AG, Olympus Corporation, Intuitive Surgical Inc., Hologic Inc., Cook Medical Inc., CONMED Corporation, Leica Biosystems, Argon Medical Devices Inc., Esaote SpA, SOMATEX Medical Technologies GmbH, Planmed Oy, TSK Laboratory Europe B.V., DTR Medical Ltd., INRAD Inc., Sterylab Srl, EndoMed Systems GmbH
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How is the Global Smart Biopsy Devices Market Segemented?
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
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Which Geographics are Influencing the Growth of 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.
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