Biopsy Devices Market Size to Hit USD 10.4 Billion in 2032, expanding at a CAGR of 7.4| PMR Report

The biopsy devices market plays a vital role in the early detection, diagnosis, and monitoring of various cancers and other chronic diseases. These devices are extensively used across hospitals, diagnostic centers, and research institutions to obtain tissue samples for histological examination. They improve diagnostic accuracy, enable minimally invasive procedures, and support personalized treatment planning, making them indispensable in modern healthcare systems.

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According to the latest study by Persistence Market Research, The global biopsy devices market size is likely to be valued at US$ 6.3 billion in 2025 and is expected to reach US$ 10.4 billion by 2032, growing at a CAGR of 7.4% from 2025 to 2032. A major growth factor for the biopsy devices market is the rising prevalence of cancer, driving demand for early and accurate diagnostic tools. Growth is mainly fueled by the rising prevalence of cancer worldwide, increasing adoption of image-guided and minimally invasive biopsy techniques, and advancements in diagnostic imaging technologies.

Market expansion is further supported by the growing demand for precision medicine and rapid diagnostic tools. Among product categories, needle-based biopsy devices emerge as the leading segment due to their wide application in breast, lung, and prostate cancer diagnostics. Geographically, North America dominates the global market, attributed to its advanced healthcare infrastructure, high cancer screening rates, and robust R&D investments. Meanwhile, Asia Pacific is emerging as a high-growth region due to rising healthcare awareness, improving diagnostic access, and growing government initiatives for cancer screening programs.

Key Market Insights

The market is expected to reach US$ 10.4 billion by 2032, growing at a CAGR of 7.4% from 2025 to 2032.

Needle-based biopsy devices remain the leading product type due to their precision and wide adoption in cancer diagnostics.

North America dominates the market, supported by high screening rates and technological advancements.

The growing trend of minimally invasive procedures is shaping product innovation.

Rising focus on personalized medicine is creating new opportunities for advanced biopsy solutions.

What are the main drivers of the biopsy devices market?

The primary drivers include the increasing global incidence of cancer, rising demand for minimally invasive diagnostic procedures, and the growing importance of early detection for effective treatment outcomes. Technological advancements in imaging-guided biopsies and automated biopsy needles are improving accuracy and reducing patient discomfort. Moreover, government and non-government cancer screening initiatives are further driving adoption worldwide.

Market Dynamics

Drivers: Surging cancer prevalence, increased adoption of image-guided biopsy procedures, and rising healthcare expenditure are key growth drivers.

Market Restraining Factor: High cost of advanced biopsy devices, limited accessibility in developing regions, and potential complications related to invasive procedures pose challenges.

Key Market Opportunity: Development of AI-integrated biopsy systems and liquid biopsy technologies presents significant opportunities for future growth. These innovations promise real-time analysis, reduced invasiveness, and improved patient outcomes.

Market Segmentation

The biopsy devices market can be segmented by product type and application.

By product type: Needle-based biopsy devices, biopsy guidance systems, biopsy forceps, and others. Among these, needle-based biopsy devices dominate the market due to their critical role in breast, prostate, and lung cancer diagnostics.

By application: Breast biopsy, lung biopsy, prostate biopsy, kidney biopsy, and others. Breast biopsy remains the largest segment owing to high prevalence of breast cancer globally and rising screening programs.

Regional Insights

North America leads the market with advanced healthcare infrastructure, high cancer awareness, and strong adoption of innovative biopsy techniques.

Europe follows, driven by structured cancer screening programs and strong government support.

Asia Pacific is the fastest-growing region due to rising healthcare investments, growing awareness of early diagnosis, and expanding access to advanced medical technologies in countries like China and India.

Latin America and the Middle East & Africa are emerging markets, with growth supported by rising cancer prevalence and gradual improvements in healthcare infrastructure.

Competitive Landscape

The biopsy devices market is competitive, with key players focusing on product innovation, technological integration, and regional expansion to strengthen market presence.

Company Insights
✦ Becton, Dickinson and Company (BD)
✦ Devicor Medical Products, Inc. (Leica Biosystems)
✦ Hologic, Inc.
✦ Cook Medical LLC
✦ Argon Medical Devices, Inc.
✦ Cardinal Health, Inc.
✦ Boston Scientific Corporation
✦ Medtronic plc
✦ Olympus Corporation
✦ Fujifilm Holdings Corporation

Key Industry Developments

Companies are focusing on robot-assisted and AI-powered biopsy systems to improve precision and reduce manual errors.

Strategic collaborations with diagnostic labs and hospitals are enhancing product adoption.

Leading players are expanding their portfolio to include liquid biopsy solutions, reflecting the industry shift toward non-invasive diagnostic methods.

Investment in emerging markets is rising, with companies expanding distribution networks in Asia Pacific and Latin America.

Innovation and Future Trends

The future of the biopsy devices market lies in minimally invasive and non-invasive diagnostic approaches, such as liquid biopsy and AI-guided procedures. Personalized medicine will further drive demand for accurate biopsy tools tailored to specific cancers. Digital pathology, integration of real-time imaging, and robotic-assisted biopsy technologies are set to transform diagnostic efficiency. These innovations position the biopsy devices market for strong and sustainable growth over the next decade.

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