Press release
Smart Biopsy Devices Market: Projected to Reach $4.05 Billion by 2029, Propelled by Advances in Medical Tech and Rising Cancer Rates
Smart Biopsy Devices Market Size
What Is The Projected Market Size Of The Global Smart Biopsy Devices Market And Its Growth Rate?
The smart biopsy devices market has shown strong potential:
• The market size increased from $2.85 billion in 2024 to $3.04 billion in 2025, at a CAGR of 6.4%.
• The growth in the coming years would be heavily driven by increased cancer cases, demand for minimally invasive procedures, and advancements in medical devices.
• Further growth to $4.05 billion with a CAGR of 7.5% is forecasted for 2029.
• Growth drivers for this period include advancements in personalized medicine, rise in biopsy for biomarker analysis, and market entry of new players.
What Is Driving The Growth In The Smart Biopsy Devices Market?
The rising cancer cases are the chief driver of the growth in the smart biopsy devices market. Cancer statistics have increased the demand for accurate biopsy devices that can aid in the delivery of precise and focused tissue samples. This has promoted the development of advanced smart biopsy tools possessing superior molecular, imaging, and precision abilities. Furthermore, projections from the World Health Organization suggest that over 35 million new cancer cases by 2050, indicating a driving force for the expansion of the smart biopsy device market.
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Who Are the Key Players Driving Smart Biopsy Devices Market Growth?
Key players enhancing the smart biopsy devices market include:
• Cardinal Health Inc
• General Electric Company
• Medtronic Plc
• Danaher Corporation
• Canon Medical Systems Corporation
• Toshiba Corporation
• Siemens Healthineers
• FUJIFILM Holdings Corporation
• Becton Dickinson and Company
• Boston Scientific Corporation
• B. Braun Melsungen AG
• Olympus Corporation
• Intuitive Surgical Inc.
• Hologic Inc.
• Cook Medical Inc.
• CONMED Corporation
• Leica Biosystems
• Argon Medical Devices Inc.
• Esaote SpA
• SOMATEX Medical Technologies GmbH
• Planmed Oy
• TSK Laboratory Europe B.V.
• DTR Medical Ltd.
• INRAD Inc.
• Sterylab Srl
• EndoMed Systems GmbH
What Are The Key Trends In The Smart Biopsy Devices Market?
Key trends sweeping across the smart biopsy devices market include:
• The rise of robot-assisted biopsies
• The advent of AI-driven biopsy assistance
• The development of wireless biopsy tools
• The availability of portable and handheld devices
• The usage of real-time guidance systems
What Are The Segments Of The Global Smart Biopsy Devices Market?
Smart biopsy devices market has the following segments:
1) Based on Product: Needle-Based Biopsy Instruments, Procedure Trays, Localization Wires, Other Products
2) By Guidance Technique: Ultrasound-Guided Biopsy, Stereotactic-Guided Biopsy, Magnetic Resonance Imaging-Guided Biopsy, Other Guidance Techniques
3) As per Application: Breast Cancer, Skin Cancer, Liver Cancer, Prostate Cancer, Other Applications
4) On End-User Basis: Hospitals, Academic and Research Institutes, Diagnostic and Imaging Centers
Which Region Leads The Smart Biopsy Devices Market?
North America was the largest region in the smart biopsy devices market in 2024. However, the Asia-Pacific region is anticipated to showcase the fastest growth during the forecast period. Other regions captured by the report include Western Europe, Eastern Europe, South America, the Middle East, and Africa.
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What Is Covered In The Smart Biopsy Devices Market Global Market Report?
- Market Size Analysis: Analyze the Smart Biopsy Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Smart 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 Smart Biopsy Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Smart Biopsy Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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