Biopsy Devices Market 2021 Analysis by Global Key Players | Mentioned:Becton Dickinson and Company(BD); Cook Medical; Hologic; Argon Medical Devices

The Global Biopsy Devices Market Research Report 2021-2030 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The global biopsy devices market is expected to grow from $2.317 billion in 2020 to $2.706 billion in 2021 at a compound annual growth rate (CAGR) of 16.8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3.438 billion in 2025 at a CAGR of 6%.

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Key Players:

Becton Dickinson and Company(BD); Cook Medical; Argon Medical Devices; Hologic; Boston Scientific Corporation; Cardinal Health; B. Braun Melsungen AG; Medtronic; Devicor Medical Products; Danaher Corporation (Leica Microsystem); Fujifilm Corporation; CareFusion Corporation; DTR Medical; Inrad; Gallini Srl; Scion Medical Technologies; Precision Biopsy; Leica Biosystems; Creganna; Focal Therapeutics; Integra LifeSciences Corporation; Olympus Corporation and others.

Market segments

1) By Product Type: Needle-Based Biopsy Instruments; Core Biopsy Devices; Aspiration Biopsy Needles; Vacuum-Assisted Biopsy Devices; Biopsy Forceps; Localization Wires2) By Imaging Technology: MRI-guided biopsy; Stereotactic-guided biopsy; Ultrasound-guided biopsy; CT scan. 3) By Application: Breast Biopsy; Gynecological Biopsy; Prostate biopsy; Liver biopsy; Lung biopsy; Kidney biopsy; Gastroenterology biopsy; Other 4) By End User: Diagnostics & Imaging Centers; Hospitals; Others

Industry News

January 2019, IZI Medical Products, a radiology medical device company, has acquired soft tissue and breast localization needle assets from Cook Medical for an undisclosed amount. The acquisition expands the breadth of the products offered by IZI Medical and strengthens diagnostics and therapeutic areas.

Market Overview

The biopsy devices market consists of sales of biopsy devices and related services by entities (organizations, sole traders and partnerships) that manufacture biopsy devices. Biopsy devices are used to extract sample cells or tissues from the patient's body to be examined to determine the presence of a disease. Only goods and services traded between entities or sold to end consumers are included.

The rise in complications associated with biopsies is expected to limit the growth of the biopsy devices market. Complications resulted from a biopsy include excessive bleeding, infection, puncture damage to nearby organ tissue, and skin numbness around the biopsy site. In some cases, not enough materials are collected and the process needs to be repeated. According to research published in January 2020, major bleeding after percutaneous native kidney biopsy was around 4.3%. These complications in biopsy procedures impact the market's growth.

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What are the market factors that are explained in the report?

Executive Summary: It includes key trends of the global Biopsy Devices market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Personal Protective Equipment market based on production and revenue.

Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Biopsy Devices market.

Market Segments: This part of the report discusses product type and application segments of the global Biopsy Devices market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approaches Biopsy Devices used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

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Finally, the Biopsy Devices Market report is the believable source for gaining Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and Market development rate and figure, and so on. This report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.

Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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