Global Breast Lesion Localization Methods Market Pipeline Insight and Therapeutic Assessment Reviewed by 2018-2026 With Top Players Cook Medical Inc., Argon Medical Devices Inc., C. R. Bard Inc., SOMATEX Medical Technologies GmbH

Coherent Market Insights has announced the addition of the “Global Breast Lesion Localization Methods Market, By Technique (Wire Guided Localization, Radio Guided Occult Lesion Localization, Radioactive Seed Localization, Magnetic Tracers, Ultrasound Guided Surgery), End User (Diagnostic Centers, Hospitals, Oncology Centers, Ambulatory Surgical Centers), and Geography - Insights, Opportunity Analysis, and Industry Forecast till 2024”, The report classifies the Global Breast Lesion Localization Methods Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

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Favorable reimbursement scenario in several developed countries, especially North America further favors growth in research related to finding novel technique to detect cancer. According to American Cancer Society, one time screening mammogram every 12 months is covered fully under Medicare for all women aged 40 and older. Also, it pays for clinical breast exam (CBE) in every 24 months once, for women with average risk of breast cancer. This in turn is expected to increase in rate of breast cancer screening with subsequent increase in growth for breast lesion localization methods market in the near future.

Market Dyanamics

There are various types of breast lesion localization methods used globally to detect the abnormalities in terms of a lump or tumor in the breasts. Rampant increase in number of women opting for preventive screening tests for breast cancer creates a highly conducive environment for growth of the breast lesion localization methods market in the foreseeable future. Among various methods under breast lesion localization methods, radio occult localization lesion localization (ROLL) method is one of the fastest growing segments in terms of revenue share, which in turn is expected to underpin growth of the breast lesion localization methods market in the near future.

Rapid strides made in technology and keen interest of healthcare providers to integrate cutting-edge solutions backed up by supportive government norms is fueling growth of this highly lucrative market, especially in developed regions. Furthermore, rise in prevalence of breast cancer globally, especially in Asia Pacific countries would inadvertently support market growth in the near future. In order to alleviate this spike in incidence rate of the malady, governments are focusing on strengthening the healthcare infrastructure through supportive regulatory norms and investments.

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Rising Prevalence And Increasing Awareness About Breast Cancer Is Expected To Be One Of The Primary Factor For The Growth Of Breast Lesion Localization Methods Market Over The Period

According to W.H.O, in 2012, breast cancer was the second-most prevalent cancer in the world and most frequent cancer among women, with an estimated around 1.7 Mn new cancer cases diagnosed in 2012. It is the most common cancer in women both in developed and emerging regions. Incidence rates are differ according to region, for instance, the incidence rate in Middle Africa 27 per 100,000 and 92 in Northern America. Furthermore, according to W.H.O, in 2012, breast cancer was the fifth prominent cause for mortality from cancer worldwide. In emerging economies, it is the second highest cause of cancer deaths. In developed regions, it led to around 198,000 deaths in 2012, accounting for 15.4% of all deaths related to cancer. This inadvertently is expected to favor growth of the breast lesion localization methods market in the near future.

Furthermore, there has been study that a man also has a risk of developing a breast cancer in their whole life time, although the chances of the situation is mere 1 in 1,000, whereas in female it is around one in every eight women is susceptible for the growth of any type lesion. According to Breastcancer.org, in 2017, in the U.S. around 250,000 cases of invasive breast cancer are expected to be diagnosed along with over 60,000 cases of non-invasive breast cancer. This in turn creates a highly conducive environment for global breast lesion localization methods market in the near future.

Market Taxonomy

This report segments the global breast lesion localization methods market on the basis of technique, end user, and geography. On the basis of technique, the market is categorized into wire guided localization, radio guided occult lesion localization, radioactive seed localization, magnetic tracers and ultrasound guided surgery. The wire guided localization method is further divided into core biopsy needles and fine aspiration needles. On the basis of end user, the market is divided into hospitals, ambulatory and surgical centers, diagnostics centers, oncology centers and others. Among all end users, hospitals segment dominated the breast lesion localization methods market, owing to rapid advancements in medical systems.

Competitive Analysis

Key companies covered as a part of this study include Cook Medical Inc., Argon Medical Devices, Inc., C. R. Bard, Inc., SOMATEX Medical Technologies GmbH, Tsunami S.r.l, Sterylab Medical and Biopsybell Srl.

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Detailed Segmentation:

Global Breast Lesion Localization Methods Market, By Technique:
Wire Guided Localization
Radio Guided Occult Lesion Localization
Radioactive Seed Localization
Magnetic Tracers
Ultrasound Guided Surgery

Global Breast Lesion Localization Methods Market, By End User:
Diagnostic Centers
Hospitals
Oncology Centers
Ambulatory Surgical Centers
Others

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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This release was published on openPR.