Key Trends Influencing the Growth of the Biopsy Devices Market in 2025: Robot-Assisted Biopsy Systems Revolutionize The Biopsy Devices Market For Enhanced Precision And Safety

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How Large Will the Biopsy Devices Market Size By 2025?
There has been a robust expansion in the market size of biopsy devices in the past few years. The market, which was valued at $3.03 billion in 2024, is projected to increase to $3.26 billion in 2025, reflecting a Compound Annual Growth Rate (CAGR) of 7.7%. The significant growth during the historical period has been driven by factors such as the emergence of new markets, improvements in healthcare infrastructure, and a rise in the aging population.

How Big Is the Biopsy Devices Market Size Expected to Grow by 2029?
Expectations are high for the biopsy devices market size, which is forecasted to witness a considerable surge in the coming times. The market is projected to expand to $4.64 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.2%. The increment during the forecasted phase can be correlated to the substantial government funding in healthcare, increasing incidence of cancer, and amplified spending on healthcare, propelling the market's expansion. The predicted period sees the emergence of significant trends such as advanced technology, the introduction of completely automated biopsy systems, product innovations, development of robot-assisted biopsy systems, partnerships and collaborations, and heightened investment interest.

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Which Key Market Drivers Powering Biopsy Devices Market Expansion and Growth?
The biopsy devices market has seen growth due to an increase in cancer diagnoses. Physicians primarily use a biopsy to identify possible abnormal bodily functions, particularly when cancer cells are suspected. For example, the American Cancer Society, an organization based in the U.S. committed to defeating cancer, predicted in January 2023 that roughly 1.9 million new cancer diagnoses and approximately 609,360 cancer-related fatalities would occur in the U.S. in 2022. In particular, about 151,030 new colorectal cancer instances are expected to emerge by 2022's end, potentially resulting in nearly 52,550 deaths in 2023. Moreover, in May 2022, the Canadian Medical Association Journal, a Canadian peer-reviewed journal maintained by the Canadian Medical Association, reported an estimation of approximately 233,900 new instances of cancer in Canada in 2022. Among these, nearly 28,600, or almost 25% of all new diagnoses for women that year, are projected to be breast cancer. Lung cancer is forecasted as the most common type of cancer in Canada for 2022, with 30,000 new cases expected.

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Which Fast-Growing Trends Are Poised to Disrupt the Biopsy Devices Market?
The biopsy devices market is evolving under the influence of robot-assisted biopsy systems, which are designed to prevent post-biopsy complications. The robot-assisted biopsy enhances the exactness and precision of the biopsy process. Consequently, health regulators have been endorsing these devices to simplify the procedure. For instance, Siemens Healthineers' and Intuitive's platforms received clearance from the FDA in July 2022 to create a robotic-assisted platform for conducting minimally invasive lung biopsies. This collaboration facilitates the utilization of 2D and 3D imaging during the operations.

What Are the Emerging Segments in the Biopsy Devices Market?
The biopsy devices market covered in this report is segmented -

1) By Product Type: Needle-Based Biopsy Guns, Biopsy Forceps, Biopsy Guidance Systems, Biopsy Needles, Other Products
2) By Image Guiding Technology: MRI-Guided Biopsy, Stereotactic-Guided Biopsy, Ultrasound-Guided Biopsy, Other Imaging Technologies
3) By Application: Breast Biopsy, Gynecological Biopsy, Prostate Biopsy, Blood Cancers Biopsy, Skin Biopsy, Kidney Biopsy, Gastroenterology Biopsy, Other Applications
4) By End User: Diagnostics And Imaging Centers, Hospitals, Other End User

Subsegments:
1) By Needle-Based Biopsy Guns: Spring-Loaded Biopsy Guns, Vacuum-Assisted Biopsy Guns
2) By Biopsy Forceps: Endoscopic Biopsy Forceps, Surgical Biopsy Forceps
3) By Biopsy Guidance Systems: Ultrasound-Guided Biopsy Systems, CT-Guided Biopsy Systems, MRI-Guided Biopsy Systems
4) By Biopsy Needles: Core Needles, Fine Needle Aspiration (FNA) Needles, Coaxial Needles
5) By Other Products: Biopsy Sutures, Biopsy Markers, Biopsy Storage Solutions

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Who Are the Global Leaders in the Biopsy Devices Market?
Major companies operating 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., Fujifilm Holdings Corp, BMA Co. Ltd., Transmed (China) Co., LTD, HaploX Biotechnology, Gene+sLab, Lepu Medical Technology, CMR Naviscan Corporation, DDD Diagnostics, Philips Healthcare, Siemens Healthineers, Abbott Laboratories, Bangs Laboratories Inc, Roche Diagnostics, Cepheid, Devicor Medical Products, Braile Biomedica Ltd, B.Braun Medical Gulf, Stryker ESCS BV

Which are the Top Profitable Regional Markets for the Biopsy Devices Industry?
North America was the largest region in the biopsy devices market in 2024. Asia-Pacific was the second largest region in the global biopsy devices market report share. The regions covered in the biopsy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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