Biopsy Devices Market expected to reach USD 3.96 billion by 2029

The credible Biopsy Devices market report covers a thorough study of current situation of the global market along with several market dynamics. The major areas of market analysis such as market definition, market segmentation, competitive analysis and research methodology are studied very carefully and precisely in the whole report. And not to mention, the report is amazingly characterized by using several charts, graphs and tables depending on the extent of data and information involved.

Global Biopsy Devices Market was valued at USD 3.67 billion in 2021 and is expected to reach USD 3.96 billion by 2029, registering a CAGR of 7.3% during the forecast period of 2022-2029. The "Breast biopsy" accounts for the largest application segment in the biopsy devices market within the forecasted period owing to the surging prevalence of breast cancer and growth in awareness about the disease. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Over, the years, the burden of various types of cancer has significantly increased. Cancer accounted for nearly 10 million deaths across the globe, in 2020. Surging cases of various types of cancers globally is further resulting in increased demand for effective treatment and rising awareness regarding the availability of diagnostic and screening procedures. Owing to the extensive applications of biopsy devices, the demand for these devices will substantially growth over the forecasted period.

Segmentation:

The biopsy devices market is segmented on the basis of product, guidance technique, application and end user. The growth amongst these segments will help you analyze meagre 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

Needle-Based Biopsy Instruments
Procedure Trays
Localization Wires
Other Products
On the basis of product, the biopsy devices market is segmented into needle-based biopsy instruments, procedure trays, localization wires and other products. The needle-based biopsy is sub-segmented into core biopsy devices, aspiration biopsy needles and vacuum-assisted biopsy devices. Core biopsy devices are further sub-segmented into core biopsy guns and core biopsy needles. Vacuum-assisted biopsy devices are sub-segmented into vacuum-assisted biopsy systems and vacuum-assisted biopsy needles.

Guidance Technique

Ultrasound-Guided Biopsy
Stereotactic-Guided Biopsy
MRI-Guided Biopsy
Other Guidance Techniques
On the basis of guidance technique, the biopsy devices market is segmented into ultrasound-guided biopsy, stereotactic-guided biopsy, MRI -guided biopsy and other guidance techniques.

Application

Breast Biopsy
Lung Biopsy
Colorectal Biopsy
Prostate Biopsy
Other Applications
On the basis of application, the biopsy devices market is segmented into breast biopsy, lung biopsy, colorectal biopsy, prostate biopsy and other applications. Breast biopsy registers the largest share of the market due to surging prevalence of breast cancer and growth in awareness about the disease.

End User

Hospitals
Academic and Research Institutes
Diagnostic and Imaging Centres
On the basis of end user, the biopsy devices market is bifurcated into hospitals, academic and research institutes and diagnostic and imaging centers.

Key Market Players:

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Questions Answered

What impact does COVID-19 have made on Global Biopsy Devices Market Growth & Sizing?
Who are the Leading key players and what are their Key Business plans in the Global Biopsy Devices Market?
What are the key concerns of the five forces analysis of the Global Biopsy Devices Market?
What are different prospects and threats faced by the dealers in the Global Biopsy Devices Market?
What are the strengths and weaknesses of the key vendors?

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