Breast Biopsy Devices Market is predicted to reach USD 4.01 Billion during the forecast period to 2029

Biopsy devices refer to the devices that are utilized for removing a piece of a sample or a tissue of cells from the body in order to analyse in the laboratory for presence of a disease. The devices are used among radiologists, interventional cardiologists and surgeons. The use of these biopsy devices varies depending on the type of organ under consideration.

Biopsies can be performed on any organ with the use of specific biopsy devices as a confirmatory test for celiac diseases and cancer. Global Breast Biopsy Devices Market was valued at USD 2.33 billion in 2021 and is expected to reach USD 4.01 billion by 2029, registering a CAGR of 7.45% during the forecast period of 2022-2029.

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Some of the major players operating in the breast biopsy devices market are Scion Medical Technologies LLC (US), STERYLAB S.r.l. (Italy), ARGON MEDICAL (US), Danaher (US), Cianna Medical (US), Benetec (Belgium), Cigna (US), United Medical Systems Inc. (US), Stryker (US), BD (US), Hologic Inc. (US), Devicor Medical Products Inc. (US), F. Hoffmann-La Roche Ltd (Switzerland), OncoCyte Corporation (US), Cook (US), Siemens (Germany), Medtronic (Ireland), SOMATEX Medical Technologies GmbH (Germany), Vigeosrl (Italy), Johnson & Johnson Services Inc. (US), Boston Scientific Corporation (US), Olympus Corporation (Japan), FUJIFILM Holdings Corporation (Japan), GENERAL ELECTRIC (US), Cardinal Health (US) and B. Braun Melsungen AG (Germany), among others.

Breast Biopsy Devices Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Prevalence of Cancer
The increase in the prevalence of cancer across the globe acts as one of the major factors driving the growth of breast biopsy devices market.

Preference for Minimally Invasive Surgeries
The increase in the inclination towards minimally invasive surgeries among population owing to the quick recovery and less pain accelerate the market growth.

Funds and Grants
The surge in investments in the form of funds and grants for biomarker research further influence the market growth.

Opportunities

Furthermore, development of fully integrated biopsy devices extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, emergence of liquid biopsy will assist in the expansion of the market.

Restraints/Challenges

On the other hand, concerns regarding the product recalls are expected to obstruct market growth. Also, risk of infections is projected to challenge the breast biopsy devices market in the forecast period of 2022-2029.

This breast biopsy devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on breast biopsy devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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Global Breast Biopsy Devices Market Scope and Market Size

The biomarkers market is segmented on the basis of product, technique type, guidance technology and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

Biopsy Needles
Biopsy Tables
Biopsy Wires
Guidance Systems
Others
On the basis of product, the breast biopsy devices market is segmented into biopsy needles, biopsy tables, biopsy wires, guidance systems and others.

Technique Type

Fine Needle Aspiration Biopsy
Core Needle Biopsy
Biopsy Markers
Mri-Guided Core Needle Biopsy
Surgical Biopsy
Wire Localization
Sentinel Node Biopsy
On the basis of technique type, the breast biopsy devices market is segmented into fine needle aspiration biopsy, core needle biopsy, biopsy markers, MRI-guided core needle biopsy, surgical biopsy, wire localization, and sentinel node biopsy.

Guidance Technology

Fine Ultrasound-Guided
Mammography-Guided Magnetic Resonance
Ct-Guided Biopsy
Other Image-Guided Breast Biopsy
On the basis of guidance technology, the breast biopsy devices market is segmented into fine ultrasound-guided, mammography-guided magnetic resonance, CT-guided biopsy, and other image-guided breast biopsy.

End User

Into Hospitals
Ambulatory Surgical Centres
Diagnostic Centres
Other
On the basis of end user, the breast biopsy devices market is segmented into hospitals, ambulatory surgical centres, and diagnostic centres and other.

Breast Biopsy Devices Market Regional Analysis/Insights

The breast biopsy devices market is analysed and market size insights and trends are provided by country, product, technique type, guidance technology and end user as referenced above. The countries covered in the breast biopsy devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the breast biopsy devices market because of the large availability of trained medical professionals and availability of well-developed infrastructure facilities within the region. Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 due to the surge in disposable income and rise in patient awareness toward disease screening in the region.

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The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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