Biopsy Devices Market Research Report

 

Growth opportunities in the global biopsy devices market look promising over the next six years. The growing prevalence of cancer, rising demand for minimally invasive surgeries, initiatives taken by government & global health organizations to spread awareness about cancer, and the enhanced reimbursement scenario in the U.S. are key factors driving the global growth biopsy devices market.

Introduction of the Biopsy Devices Market:

Biopsy devices are used for removing tissue from the body for diagnosis and medical examination. It is usually performed by radiologists, surgeons, and interventional cardiologists. Biopsies are performed on any organ using specific biopsy devices as a confirmatory test for cancer and celiac diseases. The use of each biopsy device varies according to the type of organ under consideration.

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Biopsy Devices Market Dynamics

A growing number of geriatric populations and the increasing incidence of cancer disease have led to an upsurge in demand for the global biopsy devices market. The growing awareness among individuals associated with diseases and screening procedures is expected to boost the growth of the global biopsy devices market. The major factor propelling the growth of the global biopsy devices market include the rising demand for minimally invasive biopsy devices. The increasing prevalence of cancer across the world and the presence of untapped opportunities in emerging countries, particularly in the Asia Pacific, coupled with enhancing healthcare infrastructure in these regions are the key trends fuelling the market growth. Strong demand for effective diagnostic procedures for cancer is also projected to work in favor of the market.

 The strong demand for less invasive surgeries and disposable biopsy devices is expected to bolster the growth of the biopsy devices market. Technologically advanced biopsy guidance systems, such as vacuum-assisted guns, are increasing in popularity among patients and healthcare providers. The widening base of the geriatric population and the launch of cost-effective and advanced devices are some of the major factors bolstering the growth of the market. Growing incidence of cancer, such as prostate, breast, and lung, and rapid technological advancements, such as MRI-targeted biopsies, 3D optical biopsies, and Ultrasound-guided biopsies, will boost the adoption of biopsy devices. In addition to this, an increase in awareness of the diagnosis of chronic diseases promotes the demand for integrated biopsy technologies include stereotactic-guided biopsy. On the other hand, the high cost of biopsy devices and the limited availability of skilled professionals in low-income economies will hamper the growth of the market.     

Key Players of the Global Biopsy Devices Market:

·        Argon Medical Devices

·        Becton

·        Dickinson and Company

·        Boston Scientific

·        Cook Medical

·        Gallini Medical Devices

·        Leica Biosystems

·        Stryker

·        TSK Laboratory

·        C. R. Bard.

Biopsy Devices Market Segmentation:

Global Biopsy Devices Market Report Segment by Device Type:

·        Core Needle Biopsy Devices

·        Fine Needle Aspiration Biopsy Devices

·        Surgical Biopsy Devices

·        Vacuum-Assisted Biopsy Devices

Global Biopsy Devices Market Report Segment by Application:

·        Prostate

·        Liver

·        Thyroid

·        Lung

·        Kidney

·        Others

Global Biopsy Devices Market Report Segment by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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