Biopsy Devices Market And Impact of COVID-19 2020: Research By BD, B. Braun Melsungen AG, Boston Scientific Corporation, Cardinal Health,Cook Medical, Danaher, Fujifilm Corporation, Hologic, Medtronic, and Argon Medical Devices.

The Insight Partners analysts forecasts the latest report on “Biopsy Devices Market (Covid-19) Impact and Analysis by 2027”, according to report; The Biopsy Devices Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth. This report is anchored on the thorough qualitative and quantitative assessment of the Biopsy Devices Market.

The study provides details such as the market share, Market Insights, Strategic Insights, Segmentation and key players in the Biopsy Devices Market.

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The biopsy devices market is anticipated to reach US$ 3,584.20 million by 2027 from US$ 2,230.86 million in 2019. The market is projected to grow at a CAGR of 6.2% from 2020 to 2027.

Some of the Major Market Players Are:

BD
B. Braun Melsungen AG
Boston Scientific Corporation
Cardinal Health, Inc.
Cook Medical LLC
Danaher
Fujifilm Corporation
Hologic, Inc.
Medtronic
Argon Medical Devices

Market Insights

Increasing Cancer Rates

Biopsy refers to a diagnostic test that helps identify various types of cancer and non-cancerous abnormalities in the human body. The increasing prevalence of cancer among population is likely to augment the growth of the biopsy devices market across the world. For instance, in Canada, cancer is the leading cause of death among population, and it is witnessed to be a second-leading cause after heart diseases in the US. As per the American Cancer Society, ~1.9 million new cancer cases and 693,000 cancer deaths were recorded in 2018. Prostate cancers are the most commonly diagnosed cancers among males in North America; however, breast cancers remain leading in females. Additionally, lung cancer remains the most common cause of death in both sexes. It is estimated that the number of new cases of cancer incidence is 439.2 per 100,000 men and women per year.

According to the National Health Profile, the cases of common cancers, including cervical, oral, and breast cancers, have increased by 324% in India from 2017 to 2018. Additionally, the total number of patients visiting Non-Communicable Diseases (NCD) clinics has doubled between 2017 and 2018, which is recorded to be 35 million and 66 million, respectively. Rapid change in lifestyle and consumption of alcohol and tobacco products is among the prominent factors increasing the incidences of cancer among the population.

BD, Qiagen, F.Hoffmann La-Roche Ltd., Hologic, and Boston Scientific Corporation are among the major companies manufacturing biopsy devices and accessories to diagnose cancer and other diseases. Therefore, the increasing prevalence of cancer across the world is expected to drive the growth of the global biopsy devices market during the forecast period.

The report analyzes biopsy devices market on the basis of following segments:

By Product

• Needle-Based Biopsy
o Core Biopsy Devices
o Aspiration Biopsy Needles
o Vacuum-Assisted Biopsy (VAB) Devices
• Localization Wires
• Procedure Trays
• Others

By Technology

• CT-Scan
• Ultrasound-Guided Biopsy
• Stereotactic-Guided Biopsy
• MRI-Guided Biopsy
• Others

By Application

• Lung Biopsy
• Kidney Biopsy
• Liver Biopsy
• Breast Biopsy
• Others

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Biopsy Devices Market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions. The Biopsy Devices Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Promising Regions & Countries Mentioned in The Biopsy Devices Market Report:

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East & Africa

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Major Features of Biopsy Devices Market Report:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Biopsy Devices market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the global Biopsy Devices market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

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