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.
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
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
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).
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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.
Breast Biopsy Devices Market – Geographical Segmentation:
- North America
- South America
- Middle East and Africa
The Global 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.
Some of the major players operating in this market are
- Teva Pharmaceutical Industries Ltd
- Dickinson and Company
- 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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Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models.
Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
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