The global demand for Biopsy devices has been increasing. The global Biopsy Devices market is expected to reach USD XX million by 2022 from USD XX million in 2016, at a CAGR of XX%. A biopsy is a medical test performed on a tissue or cell surgically removed to determine the presence or extent of a disease, mostly cancerous and inflammatory conditions. The procedure is performed by interventional radiologists to detect cancer. The biopsy procedure can be performed for any organ using biopsy device specific for it.
Factors such as increased cancer prevalence, such as breast, prostate, & lung, with the shift towards minimally invasive surgeries and increasing geriatric population, are the driving the growth of this market. The rapid technological advancements and raising public awareness are also the driving factors for the Biopsy Devices market.
Major restraints in Biopsy Devices market are the high-end costs of advanced biopsy procedures and devices restricts their preferences in the emerging markets. The lack of technical expertise with clinical issues and public awareness in emerging markets are also the key restraints in this market.
The global market for Biopsy Devices market has been segmented on the basis of devices, procedure, applications and geography. Devices segment includes needles, forceps, guns, automated biopsy devices and others. Procedures include surgical and needle based. The biopsy has its applications in several diseases such as breast cancer, prostate cancer, colorectal cancer, lung cancer and others. Geographically, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America.
Some of the key players in this market include –
C R Bard Inc, Hologic Inc, Becton, Dickinson and Company, Devicor Medical Products Inc, Cook Group Incorporated, Boston Scientific Corporation, Intact Medical Corporation, GALLINI srl, Braun Melsungen Ag, Medtronic plc and others.
Market analysis for the market, with region specific assessments and competition analysis.
Market definition along with the identification of key drivers, restraints opportunities and challenges.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with company profiles of key players with the analysis of their current strategic interests and key financial information.
Identification and analysis of the macro and micro factors that affect the Biopsy Devices Market. Insights of the market in the regions that have the highest potential for growth and also identify the markets that are still untapped.