Press release
Global Biopsy Devices Market: Rising Demand, Impressive CAGR, Key Drivers, and Emerging Trends
Biopsy Devices Market Size
What Is The Projected Market Size Of The Global Biopsy Devices Market And Its Growth Rate?
The global biopsy devices market showcases a strong growth dynamic:
•The market size rose from $3.03 billion in 2024 to $3.26 billion in 2025, marking a CAGR of 7.7%.
•This growth can be attributed to emerging market development, improved healthcare infrastructure, and a growing elderly population.
•The market is predicted to expand to $4.64 billion in 2029 with a CAGR of 9.2%.
•The growth drivers in the forecast period include increased government investment in healthcare, escalating number of cancer cases, and higher healthcare expenditure.
What Is Driving The Growth In The Biopsy Devices Market?
The escalating number of cancer cases is propelling the growth of the biopsy devices market. The biopsy, serving as a primary diagnostic method for suspected cancer, is becoming increasingly significant. For instance, the American Cancer Society anticipated around 1.9 million new cancer cases in the United States in 2022, estimating 609,360 cancer-related fatalities. Moreover, the Canadian Medical Association Journal predicted around 233,900 new cancer cases in Canada in 2022. These rising cancer.stats contribute to the growing demand for biopsy devices.
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Who Are the Key Players Driving Biopsy Devices Market Growth?
Notable companies in the biopsy devices market include:
•Becton Dickinson and Company (BD)
•Hologic, Inc.
•Danaher Corporation
•Boston Scientific Corporation
•Olympus Corporation
•Cook Medical
•Medtronic Inc
•Cardinal Health
•Argon Medical Devices Inc.
What Are The Key Trends In The Biopsy Devices Market?
Emerging trends transforming the biopsy devices market include:
•Technological advancements
•Launch of fully automatic biopsy systems
•Product innovations
•Development of robot-assisted biopsy systems
•Partnerships and collaborations
•Increasing investments
What Are The Segments Of The Global Biopsy Devices Market?
The global biopsy devices market segments include:
•Product Type: Needle-Based Biopsy Guns, Biopsy Forceps, Biopsy Guidance Systems, Biopsy Needles, Other Products
•Image Guiding Technology: MRI-Guided Biopsy, Stereotactic-Guided Biopsy, Ultrasound-Guided Biopsy, Other Imaging Technologies
•Application: Breast Biopsy, Gynecological Biopsy, Prostate Biopsy, Blood Cancers Biopsy, Skin Biopsy, Kidney Biopsy, Gastroenterology Biopsy, Other Applications
•End User: Diagnostics And Imaging Centers, Hospitals, Other End Users
Which Region Leads The Biopsy Devices Market?
North America led the biopsy devices market in 2024, followed by Asia-Pacific as the second largest region. The report covers various regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Biopsy Devices Market Global Market Report?
- Market Size Analysis: Analyze the Biopsy Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Biopsy Devices Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Biopsy Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Biopsy Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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