Press release
Breast Lesion Localization Market valued at USD 244.32 million in 2021, is expected to experience a steady growth rate of 4.06% CAGR over the forecast period
Breast Lesion Localization Market
The report explores the various segments of the Breast Lesion Localization market, including Techniques, End-User, Application, and Region. It offers a thorough analysis of the industry's rapid advancements, utilizing facts, figures, illustrations, and presentations to provide key data analysis from 2017 to 2020. The report examines the market drivers, limitations, prospects, and barriers, providing investor recommendations based on a comprehensive competitive scenario analysis.
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What are Breast Lesion Localization Market Dynamics?
The growing demand for Breast Lesion Localization Devices for early detection of Breast Cancer is a significant driver for market growth. Breast Cancer is a prevalent disease affecting women worldwide, and lifestyle changes, such as behavioral factors, dietary preferences, and physical inactivity, contribute to its prevalence. Advanced localization approaches enhance the accuracy, simplicity, and precision of breast cancer surgeries, driving the demand for Breast Lesion Localization Devices. Early detection and treatment have shown successful outcomes in high-income countries with advanced Breast Lesion Localization devices, reducing the associated risks.
The high cost associated with Breast Lesion Localization Devices and breast cancer treatment poses a significant restraint to market growth. Expensive operations, such as breast lumpectomy, breast biopsy, and other procedures, hinder accessibility for many patients. Additionally, a lack of trained professionals skilled in operating Breast Lesion Localization Devices for diagnosis and surgeries exists in developing and underdeveloped countries. These factors contribute to the hampering of market growth.
What are Breast Lesion Localization Market regional insights:
The North American region dominated the market, accounting for the largest market share of 35% in 2021. This can be attributed to favorable reimbursement policies, government-organized cancer screening programs, and a high prevalence of breast cancer cases. The region invests significantly in Breast Lesion Localization Devices and medical requirements, driving market growth.
The European region is expected to witness significant growth, with a CAGR of 9% during the forecast period. Increased breast cancer incidence and the adoption of advanced localization techniques for treatment contribute to the region's growing number of breast cancer patients.
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What is Breast Lesion Localization Market Segmentation?
by Type
• Wire Localization
• Radioisotope Localization
o Radioguided Occult Lesion Localization
o Radioactive Seed Localization
• Magnetic Localization
• Electromagnetic Localization
• Other Localization Methods
by Usage
• Breast Biopsy
• Breast Conservation (Lumpectomy)
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Who are Breast Lesion Localization Market Key Players?
• Hologic, Inc. (US)
• Becton
• Dickinson and Company (US)
• Merit Medical Systems (US)
• Leica Biosystems Nussloch GmbH (US)
• Argon Medical Devices (US)
• Laurane Medical LLC (France)
• Endomagnetics Ltd. (UK)
• Intramedical Imaging, LLC (US)
• Isoaid (US)
• Surgiceye GmbH (Germany)
• Ranfac Corp. (US)
• Mermaid Medical Group (Denmark)
• Izi Medical Products, LLC (US)
• Matek Medikal (Turkey)
• Tsunami Medical Srl (Italy)
• BPB Medica (Italy)
• Sirius Medical Systems B.V. (Netherlands)
• Molli Surgical Inc. (Canada)
• Sterylab S.R.L. (Italy)
• CP Medical (Georgia)
• MDL SRL (Italy)
• Biomedical Srl (Italy)
• Elucent Medical (US)
• Vigeo srl (Italy)
• Medax Medical Devices (Italy).
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Table of content for the Breast Lesion Localization Market includes:
1. Global Breast Lesion Localization Market: Research Methodology
2. Global Breast Lesion Localization Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Breast Lesion Localization Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Breast Lesion Localization Market Segmentation
• Global Market, by Type (2021-2029)
• Global Market, by Usage (2021-2029)
5. Regional Breast Lesion Localization Market (2021-2029)
• Regional Market, by Type (2021-2029)
• Regional Market, by Usage (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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