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Rising Incidence of Breast Cancer Fuels Growth in the Global Breast Biopsy Devices Market 2022 - 2030

02-07-2023 10:51 AM CET | Health & Medicine

Press release from: Absolute Markets Insights

Rising Incidence of Breast Cancer Fuels Growth in the Global

A breast biopsy is a medical procedure used to diagnose breast lumps or abnormalities. The procedure involves removing a small sample of tissue from the breast for laboratory analysis. The breast biopsy devices market has grown significantly in recent years due to the increasing incidence of breast cancer and the growing demand for minimally invasive diagnostic procedures.

In terms of revenue, global breast biopsy devices market was valued at US$ 0.98 Bn in 2021 growing at a CAGR of 8.6% over the forecast period (2022 - 2030).

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Breast biopsy devices can be divided into two main categories: stereotactic biopsy devices and ultrasound-guided biopsy devices. Stereotactic biopsy devices use mammography to guide the biopsy needle, while ultrasound-guided biopsy devices use high-frequency sound waves to guide the biopsy needle. Both types of biopsy devices have been developed to make the procedure quicker, less painful, and less invasive.

The global breast biopsy devices market is driven by several factors, including the increasing incidence of breast cancer, technological advancements in breast biopsy devices, and the growing demand for minimally invasive diagnostic procedures. According to the World Health Organization, breast cancer is the most common cancer among women worldwide, with over 2 million new cases diagnosed each year. The increasing prevalence of breast cancer and the growing demand for accurate and non-invasive diagnostic procedures are expected to drive the growth of the breast biopsy devices market.

Advances in technology have led to the development of new and improved breast biopsy devices, such as vacuum-assisted biopsy devices, core biopsy devices, and tissue marking devices. These devices have made the biopsy procedure less painful, quicker, and more accurate, leading to an increase in demand for these devices. The global breast biopsy devices market is highly competitive, with a large number of players operating in the market. Key players in the market include Hologic, Inc., Johnson & Johnson, Danaher Corporation, Cook Medical, and Boston Scientific Corporation, among others.

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Some of the Key Players Operating in the Global Breast Biopsy Devices Market include:
Cook
Devicor Medical Products, Inc.
General Electric
Hologic, Inc.
Leica Biosystems
Merit Medical Systems.
Scion Medical Technologies, LLC
Siemens Healthcare Private Limited
Trivitron Healthcare
Other Industry Participants

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Global Breast Biopsy Devices Market Segmentation:

By Types
Biopsy Needle
Ultrasound-Guided Breast Biopsy
Vacuum-Assisted Breast Biopsy Devices
Image-guided breast biopsy
MRI-Guide Biopsy Systems
Stereotactic biopsy
Others

By Usability
Handheld
Portable

By Indication
Complex cyst
Solid mass
Suspicious solid mass
Suspicious microcalcifications
Suspicious architectural distortion

By End Users
Hospitals
Cancer research institutes
Specialty clinics
Diagnostic and Imaging Centers

By Region
North America
Europe
Asia Pacific
Middle East & Africa
Latin America

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