Press release
Global Biopsy Device Market Poised for Steady Growth USD 3,270.4 million by 2034 at a potential CAGR of 3.70%
According to a recent study by Future Market Insights (FMI), the global biopsy device market is projected to experience steady, moderate growth over the coming decade. Valued at approximately USD 2,274.1 million in 2024, the market is expected to expand at a CAGR of 3.70% from 2024 to 2034, reaching an anticipated valuation of USD 3,270.4 million by the end of the forecast period.As healthcare systems worldwide continue to invest in early diagnostic tools, demand for biopsy devices is on an upward trajectory, with the market expected to grow 1.4 times its current size over the next ten years. Key factors driving this growth include advances in minimally invasive biopsy techniques, rising incidence of cancer and other chronic diseases requiring diagnostic biopsies, and technological innovations aimed at improving patient outcomes and diagnostic accuracy.
Explore Emerging Market Insights: Request a Sample Report Now! https://www.futuremarketinsights.com/reports/sample/rep-gb-1192
Future Market Insights' analysis suggests that this positive yet moderate growth trend will be supported by strategic investments in research and development within the biopsy device ecosystem, especially those focused on enhancing precision and patient comfort. This report provides critical insights for stakeholders aiming to leverage upcoming opportunities in the biopsy device market and emphasizes the sector's readiness to support the evolving demands of healthcare providers and patients alike.
Opportunities for Growth:
As healthcare providers increasingly prioritize early detection and preventive healthcare, opportunities for growth within the biopsy device market are abundant. Medical tourism, which has seen a rise in Thailand due to its cost-effective and high-quality medical services, also presents a unique opportunity for market expansion.
Industry Outlook:
The next decade is poised to witness strong collaborations between local healthcare providers and international medical device manufacturers, ensuring that advanced biopsy technologies are more widely available across Thailand. Moreover, the country's aging population and the growing focus on non-communicable diseases will further fuel demand for diagnostic solutions such as biopsy devices.
Market Highlights:
• India: Expected to have the highest growth rate, with a CAGR of 5.8% among all countries.
• France: Leading the European market with a forecasted growth rate of 4.3%.
• Needle Biopsy Market Segment: Projected to secure the largest market share of 36.6% by 2024.
• Medical Diagnosis: The largest application segment, holding 61.3% of the market share by 2024.
Challenges and Recommendations:
Ethical and legal considerations surrounding biopsy procedures present significant challenges. Adherence to strict procedural standards is essential to ensure clean practices and maintain market integrity.
Biopsy Device Trends: Find Out More in Our Comprehensive Report Filled with Key Insights! https://www.pharmiweb.com/press-release/2024-06-14/global-biopsy-device-market-sets-its-path-of-promising-to-reach-usd-3-2704-million-by-2034-fmi-rep
Competitive Landscape:
The global biopsy device market is highly competitive, with several key players strengthening their positions through strategic initiatives:
• B. Braun Melsungen AG acquired Intermedt Medizin & Technik GmbH in March 2022, diversifying the Avitum division's product portfolio.
• Becton, Dickinson, and Company collaborated with GOCC in March 2024 to advance bloodstream infection testing and expand operations in Poland.
Key Companies in the Market:
• CR Bard
• Becton, Dickinson, and Company
• B. Braun Melsungen AG
• Hologic Inc.
• Cook Medical
• Devicor Medical Products Inc.
• Argon Medical Inc.
Market Segmentation:
• By Product Type: Guidance System, Needles, Guns, Reagents and Kits, Others
• By Application: Medical Diagnosis, Scientific Research
• By End Use: Hospital, Specialized Oncology Centres, Diagnostic Centers, Research Institutes
• By Region: North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, The Middle East and Africa
Explore FMI's related ongoing Coverage on Healthcare Market Insights Domain:
Hydrocephalus Shunt Market - https://www.fmiblog.com/2024/11/13/global-hydrocephalus-shunt-market-poised-for-steady-growth-reaching-usd-692-25-million-by-2034-says-future-market-insights-report/
Angio Suites Market - https://www.fmiblog.com/2024/11/13/global-angio-suites-market-set-for-remarkable-growth-poised-to-reach-cagr-of-9-1-through-2032-driven-by-rising-cardiovascular-disease-prevalence-fmi/
Point-of-care Cholesterol Monitoring Device Market - https://www.fmiblog.com/2024/11/13/global-point-of-care-cholesterol-monitoring-devices-market-poised-for-growth-projected-to-reach-usd-514-7-million-by-2028/
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Biopsy Device Market Poised for Steady Growth USD 3,270.4 million by 2034 at a potential CAGR of 3.70% here
News-ID: 3784133 • Views: …
More Releases from Future Market Insights Inc

North America Underground Mining Vehicle Market Poised for Substantial Growth, D …
The North America Underground Mining Vehicle Market is set for robust expansion, with its valuation expected to climb from USD 5.5 billion in 2025 to USD 9.8 billion by 2035, registering a strong Compound Annual Growth Rate (CAGR) of 6.0% over the forecast period. This significant growth is primarily fueled by a surge in mineral exploration, a heightened industry focus on worker safety, and accelerating investment in vehicle automation and…

Bicycle Frames Market Set to More Than Double, Driven by E-Bikes and High-Perfor …
The global Bicycle Frames Market is poised for significant expansion, with a new market report projecting a surge in value from USD 23.5 billion in 2025 to an estimated USD 62.1 billion by 2035. This robust growth forecasts a Compound Annual Growth Rate (CAGR) of 10.2%, multiplying the market size by approximately 2.6 times over the decade, according to the latest industry outlook.
This strong market momentum is closely linked to…

Track Geometry Measurement System Market Surges: Projected to Hit USD 6.9 Billio …
The global Track Geometry Measurement System (TGMS) Market is poised for significant expansion, with its valuation expected to nearly double from an estimated USD 3.8 billion in 2025 to a projected USD 6.9 billion by 2035, marking a robust Compound Annual Growth Rate (CAGR) of 6.0% over the forecast period. This strong growth is primarily driven by escalating global investment in railway safety, modernization, and the critical expansion of high-speed…

Windscreen Adhesives Market to Hit USD 6.7 Billion by 2035, Driven by Automotive …
The global Windscreen Adhesives Market is poised for substantial growth, projecting a market value of USD 6.7 billion by 2035, up from an estimated USD 3.3 billion in 2025. This robust expansion represents a compelling Compound Annual Growth Rate (CAGR) of 7.4% over the forecast period, according to a new market report.
The surge in demand is fundamentally rooted in the increasing global production of vehicles, stricter automotive safety regulations, and…
More Releases for Biopsy
Liquid Biopsy Market - Unlocking Insights in Liquid: Transforming the Biopsy Lan …
Newark, New Castle, USA: The "Liquid Biopsy Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Liquid Biopsy Market: https://www.growthplusreports.com/report/liquid-biopsy-market/8430
This latest report researches the industry structure, sales, revenue,…
Biopsy Devices Market Overview by Breast Biopsy, Lung Biopsy, Prostate Biopsy to …
Download Free PDF Sample Papers Now at Biopsy Devices Market https://www.reportsnreports.com/contacts/requestsample.aspx?name=1159148 .
Biopsy devices market report analyzes various types of biopsy devices in market and their adoption patterns. It aims at estimating market size and future growth potential of biopsy devices market for different segments such as product, guidance technique, application, end user, and region. Global biopsy devices market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East…
Biopsy Device Market to Increase to US$ 2,621 Mn by 2026 | Guidance System (Ster …
Key players focussing on strategic M&A for amplified market shares
Patients are increasingly preferring minimally invasive surgical procedures in order to avoid conventional surgical complications and side-effects, promoting sales of biopsy devices, leading to the growth of the biopsy devices globally. In addition to enabling the accurate diagnosis, a biopsy device assures minimal patient discomfort and trauma. This is identified to be a major factor impacting the popularity of biopsy, and…
Breast Biopsy Market Report 2018: Segmentation by Product (Vacuum Assisted Biops …
Global Breast Biopsy market research report provides company profile for Hologic Inc., Leica Biosystems Nussloch GmbH (Devicor Medical Products, Inc.), C. R. Bard, Inc., Becton and Dickinson Company, Argon Medical Devices, Cook Medical Incorporated, Encapsule medical Devices LLC. and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume,…
Biopsy Devices Market Report 2018: Segmentation by Product (Core Needle Biopsy, …
Global Biopsy Devices market research report provides company profile for C. R. Bard, Inc. (U.S.), Becton, Dickinson and Company (U.S.), Cook Group Incorporated (U.S.), Devicor Medical Products, Inc., (Leica Biosystems) (Germany), Argon Medical Devices (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth…
Bone Biopsy Market 2018 | Needle Biopsy | Open Biopsy | Bone Cancer | Bone Infec …
The Global Bone Biopsy Market is growing continuously and expected to grow at a CAGR of 5.7% from 2017 to 2023. Bone biopsy is performed to diagnose various bone disorders such as bone cancer, bone infection, osteoporosis and chronic kidney disease. Nowadays, biopsy procedure has received great importance in oncology as one of the promising methods in cancer diagnostics. The demand for needle biopsy is found to be increasing from…