Breast Biopsy Market Set to Grow at 5.5% CAGR Through 2032, Reports Persistence Market Research

The global breast biopsy market is projected to grow steadily over the forecast period, expanding at a CAGR of 5.5% from 2025 to 2032. By the end of 2032, the market is expected to reach a valuation of US$ 3,587.1 Million, up from US$ 2,465.9 Million in 2025. This growth is primarily fueled by the rising incidence of breast cancer worldwide, greater emphasis on early detection and screening programs, and advancements in minimally invasive biopsy techniques.

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Breast cancer remains one of the leading causes of cancer-related deaths among women, with an estimated one in eight women likely to be diagnosed during their lifetime. As per the National Breast Cancer Foundation (2023), every two minutes a woman in the U.S. is diagnosed with breast cancer. This alarming trend is driving the demand for diagnostic tools such as breast biopsy, which is critical in distinguishing malignant from benign breast abnormalities. The leading product segment in the market is biopsy needles, accounting for over 23.3% share in 2024, due to their ease of use and cost-effectiveness. Geographically, the United States dominates the global market, supported by advanced diagnostic infrastructure, high awareness, and favorable reimbursement policies.

✦ Key Highlights from the Report

✦ The global breast biopsy market will grow at a CAGR of 5.5% from 2025 to 2032.
✦ Market valuation is projected to reach US$ 3,587.1 Million by 2032.
✦ Biopsy needles remain the dominant product segment with a 23.3% share in 2024.
✦ The U.S. market generated US$ 594.7 Million in 2024, leading globally.
✦ Complex cysts indication segment accounted for 37.4% market share in 2024.
✦ Technological advances in minimally invasive biopsy techniques are accelerating adoption.

Market Segmentation

By Product Type: The market is segmented into biopsy needles, vacuum-assisted biopsy devices, core needle biopsy devices, liquid biopsy, and imaging systems. Biopsy needles dominate due to their affordability and wide clinical use. Vacuum-assisted and liquid biopsy devices are gaining traction as they enable precision, reduce patient discomfort, and enhance diagnostic accuracy.

By Indication: The complex cysts segment held the largest market share (37.4% in 2024). Complex cysts often necessitate biopsy due to the risk of underlying malignancy, contributing to higher demand for biopsy equipment in this segment.

By End User: Hospitals, diagnostic centers, and specialized cancer care clinics represent the primary end-users. Hospitals lead this category owing to their advanced imaging infrastructure and ability to handle high patient volumes.

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Regional Insights

North America: Dominates the global market, led by the U.S., due to advanced diagnostic capabilities, widespread awareness, and strong reimbursement support. Early detection programs and high breast cancer incidence rates continue to fuel demand.

East Asia: China accounted for 38% of the East Asia market in 2024. The country is witnessing rapid adoption of advanced biopsy technologies, supported by significant government investments in healthcare infrastructure and increasing patient awareness.

Europe: The United Kingdom held 21.8% share of the European market in 2024. Strong healthcare research, adherence to quality standards, and emphasis on early detection are propelling growth in the region.

Emerging Markets: Countries in South Asia and Latin America present strong growth opportunities due to rising breast cancer prevalence, improving healthcare access, and expanding awareness campaigns.

Market Drivers

The market is driven by the increasing prevalence of breast cancer, coupled with heightened awareness regarding early detection and screening. The trend toward minimally invasive procedures such as vacuum-assisted and core needle biopsies is gaining momentum, offering patients greater comfort and faster recovery. Ongoing technological advancements in imaging integration, robotics, and liquid biopsy are improving diagnostic precision, further driving adoption.

Market Restraints

Despite strong growth prospects, the market faces hurdles such as the high cost of breast biopsy equipment and limited access in low-resource settings. Lack of skilled professionals in certain regions affects diagnostic accuracy. Regulatory complexities and inconsistent reimbursement policies also pose barriers, limiting the penetration of advanced biopsy technologies.

Market Opportunities

The market presents significant opportunities in technological innovation, including the development of robotic-assisted biopsy systems, liquid biopsy, and AI-powered imaging solutions. Emerging economies with large patient pools offer untapped potential, particularly as healthcare infrastructure improves. The rise of personalized medicine and molecular profiling in breast cancer care will open avenues for companion diagnostics and precision-based biopsy technologies.

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Frequently Asked Questions (FAQs)

How Big is the Breast Biopsy Market in 2025 and 2032?
Who are the Key Players in the Global Breast Biopsy Market?
What is the Projected Growth Rate of the Breast Biopsy Market?
What is the Market Forecast for Breast Biopsy Devices by 2032?
Which Region is Estimated to Dominate the Breast Biopsy Industry through the Forecast Period?

Company Insights

• Argon Medical Devices
• Becton Dickinson and Company
• C. R. Bard, Inc.
• Cook Medical Inc.
• Devicor Medical Products, Inc.
• F. Hoffmann-La Roche Ltd.
• GE Healthcare
• Hologic, Inc.
• Leica Biosystems
• Medax Srl Unipersonale
• Planmed Oy
• Scion Medical Technologies, LLC
• Siemens Healthineer

Recent Developments:

Hologic, Inc. opened its Innovation Centre in Aix-en-Provence, France, in March 2022 to expand R&D and training capabilities for breast healthcare.

Unilabs and GE Healthcare partnered in April 2021 to deploy advanced imaging solutions, including mammography and ultrasound, enhancing breast cancer diagnosis in Portugal.

Conclusion

The global breast biopsy market is on a growth trajectory, driven by the alarming rise in breast cancer incidence, technological advancements in biopsy procedures, and growing awareness about early detection. While challenges such as cost constraints and uneven healthcare access persist, opportunities in innovation, personalized medicine, and emerging markets are poised to accelerate growth. By 2032, the market is expected to surpass US$ 3.58 Billion, solidifying its role as a critical component in the fight against breast cancer.

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About Persistence Market Research:

At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

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This release was published on openPR.