The global biopsy devices market size is expected to grow from $2.45 billion in 2021 to $2.64 billion in 2022 at a compound annual growth rate (CAGR) of 8%. The global biopsy device market is expected to grow to $3.54 billion in 2026 at a CAGR of 7.6%.
What is the Global Biopsy Devices Market?
The biopsy devices market consists of sales of biopsy devices and related services by entities (organizations, sole traders, and partnerships) that manufacture biopsy devices. Biopsy devices are used to extract sample cells or tissues from the patient's body to be examined to determine the presence of a disease.
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What drives the Global Biopsy Devices Market?
The rise in the number of cancer cases contributed to the growth of the biopsy devices market. A biopsy is a primary approach used by doctors to diagnose any abnormalities in the bodies if the presence of cancer cells is suspected. For instance, in 2020, according to the American Institute of cancer research, there were an estimated 18.1 million cancer cases around the world. It was estimated that 9.3 million cases were in men and 8.8 million in women. Among them, lung and breast cancers are the most common cancers in the world, and about 12.5% and 12.2% of the new cases are diagnosed in 2020.
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Global Biopsy Devices Market Segments
The global biopsy devices market is segmented:
By Product Type: Needle-Based Biopsy Instruments, Core Biopsy Devices, Aspiration Biopsy Needles, Vacuum-Assisted Biopsy Devices, Biopsy Forceps, Localization Wires
By Imaging Technology: MRI-Guided Biopsy, Stereotactic-Guided Biopsy, Ultrasound-Guided Biopsy, CT Scan
By Application: Breast Biopsy, Gynecological Biopsy, Prostate Biopsy, Liver Biopsy, Lung Biopsy, Kidney Biopsy, Gastroenterology Biopsy, Others
By End-User: Diagnostics and Imaging Centers, Hospitals, Others
By Geography: The regions covered in the biopsy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Biopsy Devices Global Market Report 2022provides market size and growth forecasts for the global biopsy devices market, global biopsy devices market share, biopsy devices market segments and geographies, biopsy devices market competitive landscape including leading competitors’ revenues, profiles and market shares. The biopsy devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Biopsy Devices Industry Playersinclude Becton Dickinson and Company (BD), Cook Medical, Argon Medical Devices, Hologic, Boston Scientific Corporation, Cardinal Health, B. Braun Melsungen AG, Medtronic, Devicor Medical Products, and Danaher Corporation (Leica Microsystem). Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
