Biopsy Devices Market Forecast by Products (Table, Needle, Localization wire, Guidance System) Regions, Application, Companies

According to a new report published by Data Bridge Market Research Titled, Global Breast Biopsy Devices Market, By Product (Table, Needle, Localization wire, Guidance System), Type (Open Biopsy- Excisional, Incisional, Needle- Core Needle Aspiration, Vacuum Assisted), by Guidance system (Ultrasound, Stereotactic, MRI), by End-User (Diagnostics centres, Hospitals), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Market Analysis:

The Global Breast Biopsy Devices Market accounted to USD 436.5 million in 2016 growing at a CAGR of 10.9% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Market Definition:

A Breast Biopsy is a test that removes tissue or sometimes fluid from the suspicious area which are examined under a microscope and further tested to check for the presence of breast cancer. Biopsy is the only diagnostic procedure that can definitely determine if the suspicious area is cancerous.

Major market drivers and restraints:

• Rising incidences of breast cancer

• New reimbursement guidelines for breast biopsy procedures in the U.S.

• Increasing number of awareness about breast cancer and cancer screening programs

• Increasing demand for minimally invasive surgeries

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Market Segmentation:

• By type the market for breast biopsy devices is segmented into Needle Breast Biopsy and Open Surgical Breast Biopsy. The needle breast biopsy segment is further segmented into Core-Needle Biopsy (CNB), Fine-Needle Aspiration Biopsy (FNAB), and Vacuum-Assisted Biopsy (VAB). The Open Surgical Breast Biopsy segment is further segmented into Excisional Breast Biopsy and Incisional Breast Biopsy.

• By product the breast biopsy devices market is segmented into Biopsy Needles, Guidance Systems, Biopsy Tables, Localization Wires, and Others. By Guidance the breast biopsy devices market is segmented into Mammography-Guided Stereotactic Breast Biopsy, Ultrasound-Guided Breast Biopsy, MRI-Guided Breast Biopsy, and Other Guidance Techniques.

• On the basis of end-user the market is segmented into diagnostic centers and hospitals.

• On the basis of geography, breast biopsy devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, andBrazil among others. In 2017, North America is expected to dominate the market.

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Competitive Analysis:

The breast biopsy devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of breast biopsy devices market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors:

• Becton,
• Dickinson and Company ,
• C.R. Bard, Inc.,
• Devicor Medical Products Inc.,
• Hologic Inc.,
• Argon Medical Devices,
• Cook Medical Incorporated,
• Encapsule Medical Devices LLC,
• Ethicon Endo Surgery (Johnson and Johnson) ,
• Galini SRL,
• Intact Medical Corporation

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This release was published on openPR.