STOCK TITAN

Biopsy Devices Market Predicted to Achieve Striking Growth of USD 3.96 Billion with Healthy CAGR of 7.3% by 2029, Size, Share, Trends, Demand and Competitive Analysis

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

The Biopsy Devices Market, valued at USD 3.67 billion in 2021, is projected to grow to USD 3.96 billion by 2029, at a CAGR of 7.3% during 2022-2029. Driven by increasing cancer prevalence, especially breast cancer, and advancements in diagnostic procedures, demand for these devices is expected to surge. The report emphasizes key market players' strategies, including partnerships, product launches, and technological innovations. Notably, Quest Diagnostics (NYSE: DGX) partnered with Biocept for liquid biopsy services, showcasing industry collaboration to meet growing diagnostic needs. Comprehensive market insights, including PESTEL and SWOT analyses, are also provided.

Positive
  • Projected market growth from USD 3.67 billion in 2021 to USD 3.96 billion by 2029.
  • CAGR of 7.3% expected from 2022-2029.
  • Strong demand driven by the rising prevalence of breast cancer.
  • Innovation in biopsy procedures enhancing market growth opportunities.
Negative
  • None.

BOSTON, March 7, 2023 /PRNewswire/ -- Data Bridge Market Research has recently published a Report, titled, "Biopsy Devices Market" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. In this competitive market place, businesses are always in effort to seek better solutions in terms of product trends, future products, marketing strategy, future events, actions or behaviours. The first class Biopsy Devices market research report provides strategically analyzed market research analysis and observant business insights into the most relevant markets of the clients. SWOT analysis is performed while generating this market report along with many other standard steps of researching, analysing and collecting data. When Biopsy Devices report goes along with right tools and technology, it also helps tackle the uncertain challenges for the business.

Data_Bridge_Market_Research_Logo

An international Biopsy Devices market research report is a verified source of data and information that offers a telescopic view of the current market trends, situations, opportunities and status of the Biopsy Devices industry. This market document also covers strategic profiling of major players in the market, meticulously analyzing their core competencies, and drawing a competitive landscape for the market. Key players and brands are analysed with respect to their actions such as developments, product launches, acquisitions, mergers, joint ventures and competitive research in the market. In addition, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the winning Biopsy Devices market report.

Biopsy Devices Market was valued at USD 3.67 billion in 2021 and is expected to reach USD 3.96 billion by 2029, registering a CAGR of 7.3% during the forecast period of 2022-2029. The "Breast biopsy" accounts for the largest application segment in the biopsy devices market within the forecasted period owing to the surging prevalence of breast cancer and growth in awareness about the disease. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Download Sample Copy of Biopsy Devices Market @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-biopsy-devices-market

Biopsy is a medical procedure that evaluates and removes cancerous tissue from the body. When a patient is suspected of having cancer, the test is utilized to obtain tissue samples for illness diagnosis. Cancer diagnosis includes skin biopsy, vacuum biopsy, incision and excision biopsy, needle biopsy, fine needle aspiration, and shave biopsy.

Over, the years, the burden of various types of cancer has significantly increased. Cancer accounted for nearly 10 million deaths across the globe, in 2020. Surging cases of various types of cancers globally is further resulting in increased demand for effective treatment and rising awareness regarding the availability of diagnostic and screening procedures. Owing to the extensive applications of biopsy devices, the demand for these devices will substantially growth over the forecasted period.

Investing in this study would grant you access to valuable information, including:

  • Comprehensive coverage of the Biopsy Devices Industry, both globally and broken down by regions.
  • Regional-level breakdowns of the market, including North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
  • Country-specific market size splits for the most important countries with major market shares.
  • Market share and revenue/sales data for the industry's leading players.
  • Analysis of market trends such as emerging technologies, products, and start-ups, as well as PESTEL Analysis, SWOT Analysis, Porter's Five Forces, and more.
  • Detailed market size data, including breakdowns by application/industry verticals.
  • Projections and forecasts for the market's future growth and development.

Recent Developments

  • In June 2021, Biocept, Inc., a leading provider of molecular diagnostic assays, products, and services, announced a partnership with Quest Diagnostics (NYSE: DGX) to offer laboratory testing services for its Target SelectorTM NGS-based liquid biopsy targeted lung cancer panel to Quest patients. Quest Diagnostics is the world's largest provider of diagnostic information services, which includes sophisticated diagnostics.

Some of the major players operating in the Biopsy Devices market are:

  • BD, (U.S.),
  • Cook (U.S.),
  • Devicor Medical Products, Inc., (U.S),
  • Leica Biosystems Nussloch GmbH (Germany),
  • Argon Medical Devices Inc., (U.S.),
  • B. Braun Melsungen AG (Germany),
  • Cardinal Health (U.S.),
  • Olympus Corporation (Japan),
  • Boston Scientific Corporation (U.S.),
  • FUJIFILM Holdings Corporation (Japan),
  • INRAD, Inc. (U.S.), and
  • Medtronic

Get Full PDF Research Report to Understand More @ https://www.databridgemarketresearch.com/checkout/buy/enterprise/global-biopsy-devices-market

Core Objective of Biopsy Devices Market:

Every firm in the Biopsy Devices market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.

  • Biopsy Devices market Size and growth rate factors.
  • Important changes in the future Biopsy Devices Market.
  • Top worldwide competitors of the Market.
  • Scope and product outlook of Biopsy Devices Market.
  • Developing regions with potential growth in the future.
  • Tough Challenges and risk faced in Market.
  • Global Biopsy Devices top manufacturers profile and sales statistics.

Market Drivers: Biopsy Devices Market

  • Increased Demand for Cancer Treatment

The growing burden of prevalence of various cancer such as breast cancer, lung cancer and other types of cancer are expected to accelerate the overall growth of the market.

  • Surging Advancements and Innovation

Rising patient awareness on cancer coupled with improvement in biopsy procedures are also projected to cushion the growth of the market. Moreover, the increased research and development activities in the field of biopsy devices are estimated to generate lucrative opportunities for the market. The advent of advanced products such as Vacora and Finesse Ultra Breast Biopsy System and Celero VAB device will further expand the biopsy devices market's growth rate in the future.

Furthermore, the growth determinants such as demand for minimally invasive biopsy procedures along with the expanding healthcare sector are also expected to fuel market growth. Moreover, the soaring demand for less invasive biopsy procedures also cushions the market's growth within the forecasted period.

To Gain More Insights about this Research, Visit @ https://www.databridgemarketresearch.com/reports/global-biopsy-devices-market

Key Industry Segmentation: Biopsy Devices Market

Product

  • Needle-Based Biopsy Instruments
  • Procedure Trays
  • Localization Wires
  • Other Products

Guidance Technique

  • Ultrasound-Guided Biopsy
  • Stereotactic-Guided Biopsy
  • MRI-Guided Biopsy
  • Other Guidance Techniques

Application

  • Breast Biopsy
  • Lung Biopsy
  • Colorectal Biopsy
  • Prostate Biopsy
  • Other Applications

End User

  • Hospitals
  • Academic and Research Institutes
  • Diagnostic and Imaging Centres

Regional Analysis/Insights: Biopsy Devices Market

The countries covered in the biopsy devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the biopsy devices market because of the presence of leading industry players, catering to increasing product demand, increased per capita healthcare expenditure along with growing adoption of new and advanced diagnostic techniques are leading to the high demand of biopsy devices within the region.

Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the high geriatric population, surging prevalence of cancer in countries such of India, China, and Australia along with the developing healthcare infrastructure within the region.

Table of Contents:

  1. Introduction
  2. Market Segmentation
  3. Executive Summary
  4. Premium Insights
  5. Global Biopsy Devices Market: Regulations
  6. Market Overview
  7. Global Biopsy Devices Market, By Product
  8. Global Biopsy Devices Market, By Guidance Technique
  9. Global Biopsy Devices Market, By Application
  10. Global Biopsy Devices Market, By End User
  11. Global Biopsy Devices Market, By Distribution Channel
  12. Global Biopsy Devices Market, By Region
  13. Global Biopsy Devices Market: Company Landscape
  14. SWOT Analyses
  15. Company Profile
  16. Questionnaires
  17. Related Reports

To Check the Complete Table of contents, click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-biopsy-devices-market

Explore More Reports:

North America Biopsy Devices Market, By Product (Needle-Based Biopsy Instruments, Procedure Trays, Localization Wires and other Products), Application (Breast Biopsy, Lung Biopsy, Colorectal Biopsy, Prostate Biopsy and Other Applications), Guidance Technique (Ultrasound-Guided Biopsy, Stereotactic-Guided Biopsy, MRI-Guided Biopsy and Other Guidance Techniques), End User (Hospitals, Academic and Research Institutes, Diagnostic and Imaging Centers), and Country (U.S., Canada, Mexico) https://www.databridgemarketresearch.com/reports/north-america-biopsy-devices-market

Europe Biopsy Devices Market, By Product (Needle-Based Biopsy Instruments, Procedure Trays, Localization Wires and other Products), Application (Breast Biopsy, Lung Biopsy, Colorectal Biopsy, Prostate Biopsy and Other Applications), Guidance Technique (Ultrasound-Guided Biopsy, Stereotactic-Guided Biopsy, Mri-Guided Biopsy and Other Guidance Techniques), End User (Hospitals, Academic and Research Institutes, Diagnostic and Imaging Centers), and Country https://www.databridgemarketresearch.com/reports/europe-biopsy-devices-market

Asia-Pacific Biopsy Devices Market By Product (Needle-Based Biopsy Instruments, Procedure Trays, Localization Wires and Other Products), Guidance Technique (Ultrasound-Guided Biopsy, Stereotactic-Guided Biopsy, MRI-Guided Biopsy and Other Guidance Techniques), Application (Breast Biopsy, Lung Biopsy, Colorectal Biopsy, Prostate Biopsy and Other Applications), End User (Hospitals, Academic and Research Institutes, Diagnostic and Imaging Centres), Country https://www.databridgemarketresearch.com/reports/asia-pacific-biopsy-devices-market

Breast Biopsy Devices Market, By Product (Biopsy Needles, Biopsy Tables, Biopsy Wires, Guidance Systems, Others), Technique Type (Fine Needle Aspiration Biopsy, Core Needle Biopsy, Biopsy Markers, MRI-Guided Core Needle Biopsy, Surgical Biopsy, Wire Localization, Sentinel Node Biopsy), Guidance Technology (Fine Ultrasound-Guided, Mammography-Guided Magnetic Resonance, CT-Guided Biopsy, Other Image-Guided Breast Biopsy), End User (Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Other) https://www.databridgemarketresearch.com/reports/global-breast-biopsy-devices-market

North America Breast Biopsy Devices Market, By Product (Biopsy Needles, Biopsy Tables, Biopsy Wires, Guidance Systems and Others), Technique Type (Fine Needle Aspiration Biopsy, Core Needle Biopsy, Biopsy Markers, MRI-Guided Core Needle Biopsy, Surgical Biopsy, Wire Localization and Sentinel Node Biopsy), Guidance Technology (Fine Ultrasound-Guided, Mammography-Guided Magnetic Resonance, CT-Guided Biopsy and Other Image-Guided Breast Biopsy), End User (Hospitals, Ambulatory Surgical Centers, Diagnostic Centers and Other), and Country (U.S., Canada, Mexico) https://www.databridgemarketresearch.com/reports/north-america-breast-biopsy-devices-market

Europe Breast Biopsy Devices Market, By Product (Biopsy Needles, Guidance Systems, Biopsy Tables, Localization Wires, Assay Kits, Liquid Biopsy Instruments, Others), Type (Needle Breast Biopsy, Open Surgical Breast Biopsy, Liquid Breast Biopsy, Other Biomarkers), Guidance (Image-Guided Biopsy, Liquid Biopsy, Other Guidance Techniques), Application (Early Cancer Screening, Therapy Selection, Treatment Monitoring, Recurrence Monitoring), Country https://www.databridgemarketresearch.com/reports/europe-breast-biopsy-devices-market

Asia-Pacific Breast Biopsy Devices Market, By Product (Biopsy Needles, Biopsy Tables, Biopsy Wires, Guidance Systems, Others), Technique Type (Fine Needle Aspiration Biopsy, Core Needle Biopsy, Biopsy Markers, MRI-Guided Core Needle Biopsy, Surgical Biopsy, Wire Localization, Sentinel Node Biopsy), Guidance Technology (Fine Ultrasound-Guided, Mammography-Guided Magnetic Resonance, CT-Guided Biopsy, Other Image-Guided Breast Biopsy), End User (Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Other), Country https://www.databridgemarketresearch.com/reports/asia-pacific-breast-biopsy-devices-market

Smart Biopsy Devices Market, By Application (Breast Cancer, Skin Cancer, Liver Cancer, Prostate Cancer, Others), Product (Needle-Based Biopsy Instruments, Procedure Trays, Localization Wires, Other Products), Guidance Technique (Ultrasound-Guided Biopsy, Stereotactic-Guided Biopsy, Magnetic Resonance Imaging-Guided Biopsy, Other Guidance Techniques), End User (Hospitals, Academic and Research Institutes, Diagnostic and Imaging Centers) Country https://www.databridgemarketresearch.com/reports/global-smart-biopsy-devices-market

Vacuum Assisted Biopsy Devices Market, By Product (Vacuum-assisted Biopsy Systems, Vacuum-assisted Biopsy Needles), Type (9-12G, <9G, >12G), Technique (Ultrasound-guided Biopsy, Stereotactic-guided Biopsy, MRI-guided Biopsy, Others), Applications (Breast Biopsy, Lung Biopsy, Colorectal Biopsy, Prostate Biopsy, and Others), End User (Hospitals, Academic and Research Institutes, Diagnostic and Imaging Centers, Others) https://www.databridgemarketresearch.com/reports/global-vacuum-assisted-biopsy-devices-market

Endobronchial Ultrasound Biopsy Devices Market, By Product (Biopsy Forceps, Cytology Brushes, Biopsy Needles, Trans bronchial Aspiration Needles, Spray Catheters, Others), Application (Cancer Diagnosis, Infection Diagnosis, Others), Country https://www.databridgemarketresearch.com/reports/global-endobronchial-ultrasound-biopsy-devices-market

Liquid Biopsy Market, By Sampling Type (Blood Sampling Liquid Biopsy, Urine Sampling Liquid Biopsy and Saliva and Other Tissue Fluids Sampling Liquid Biopsy), Products and Service (Assays Kits, Instruments and Services), Circulating Biomarker (Circulating Tumour Cells, Circulating Tumour DNA (CTDNA), Cell-Free DNA, Extracellular Vesicles (EVS) and Other Circulating Biomarkers), Clinical Application (Early Cancer Screening, Therapy Selection, Treatment Monitoring and Recurrence Monitoring), Application (Cancer Applications and Non-Cancer Applications), End User (Reference Laboratories, Hospitals and Physician Laboratories, Academic and Research Centres and Other End Users) https://www.databridgemarketresearch.com/reports/global-liquid-biopsy-market

Breast Cancer Liquid Biopsy Market, By Product (Consumables, Kits), Circulating Biomarkers (Extracellular Vesicles (EVs), Cell-free DNA (cfDNA), ctRNA, Circulating Tumor Cells (CTCs), cfRNA, Others), End Users (Laboratories, Hospitals, Physician Laboratories, Reference Laboratories, Public Health Laboratories, Research Institutes, Small Molecular Laboratories, Pathology Laboratories), Country https://www.databridgemarketresearch.com/reports/global-breast-cancer-liquid-biopsy-market

Core Needle Biopsy Market, By Type (Full-Automated Core Needle Biopsy Device and Semi-Automated Core Needle Biopsy Device), Applications (Hospitals, Clinics and Others), Disease (Lung Cancer, Liver Cancer, Breast Cancer and Prostate Cancer), Range (14G- 18G, <14G and >18G), Distribution Channel (Direct Sales and Distributor), Country https://www.databridgemarketresearch.com/reports/global-core-needle-biopsy-market

Image-Guided Biopsy Market, By Technology (X- Ray, Ultrasound, Mammograpy, CT, MRI), Process (Fine Needle, Core Needle, Vacuum- Assisted Biopsy), End-User (Hospitals, Ambulatory Surgery Centers, Clinics, Research and Academic Institutes), Country https://www.databridgemarketresearch.com/reports/global-image-guided-biopsy-market

Vacuum-Assisted Biopsy Market By Guiding Technique (Stereotactic Vacuum Assist Biopsy System and Image Guided Vacuum Assist Biopsy System), Type (9-12G, <9G and >12G), Applications (Hospitals, Academic and Research Institutes and Diagnostics and Imaging Centres), Country https://www.databridgemarketresearch.com/reports/global-vacuum-assisted-biopsy-market

Needle Biopsy Market, By Needle Type (Trephine Biopsy Needles, Klima Sternal Needle, Salah Needle Aspiration Needle, Jamshidi Needle and Others), Ergonomics (Sharp, Blunt, Quincke, Chiba, Franseen and Others), Procedure (Fine-Needle Aspiration Biopsy, Core Needle Biopsy, Vacuum-Assisted Biopsy, Image-Guided Biopsy), Sample Site (Muscles, Bones and Other Organs), Utility (Disposable and Reusable), Application (Tumour, Infection, Inflammation and Others), End User (Hospitals, Diagnostic Centres, Biopsy Labs, Ambulatory Surgical Centres, Academic and Research Organizations and Others), Distribution Channel (Direct Tender, Retail Sales), Country https://www.databridgemarketresearch.com/reports/global-needle-biopsy-market

Biopsy Forceps Market, By Type (Rigid Biopsy Forceps, Flexible Biopsy Forceps), Product Type (Cupped Jaws Biopsy Forceps, Oval Ring Jaws Biopsy Forceps, Radial Jaw Biopsy Forceps, Others), Usability (Disposable Biopsy Forceps, Reusable Biopsy Forceps), Application (Laparoscopy, Hysterectomy, Hysteroscopy, Others), End User (Hospitals, Clinics, Ambulatory Surgery Centers, Others), Country https://www.databridgemarketresearch.com/reports/global-biopsy-forceps-market

Biopsy Guns and Needles Market, By Product Type (Disposable, Reusable), Technique (Ultrasound-Guided Biopsy, Stereotactic-Guided Biopsy, MRI-Guided Biopsy, Others), Application (Breast Biopsy, Lung Biopsy, Colorectal Biopsy, Prostate Biopsy, Others), End User (Hospitals, Academic and Research Institutes, Diagnostic and Imaging Centers, Others), Country https://www.databridgemarketresearch.com/reports/global-biopsy-guns-and-needles-market

About Data Bridge Market Research:

An absolute way to forecast what future holds is to comprehend the trend today!

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.

Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

Contact Us:-

Data Bridge Market Research 
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email:- corporatesales@databridgemarketresearch.com

Logo: https://mma.prnewswire.com/media/1011053/Data_Bridge_Market_Research_Logo.jpg 

Cision View original content:https://www.prnewswire.com/news-releases/biopsy-devices-market-predicted-to-achieve-striking-growth-of-usd-3-96-billion-with-healthy-cagr-of-7-3-by-2029--size-share-trends-demand-and-competitive-analysis-301763986.html

SOURCE Data Bridge Market Research

FAQ

What is the projected growth of the Biopsy Devices Market?

The Biopsy Devices Market is projected to grow from USD 3.67 billion in 2021 to USD 3.96 billion by 2029, with a CAGR of 7.3%.

What factors are driving the growth of the Biopsy Devices Market?

Key factors include the increasing prevalence of cancer, especially breast cancer, and advancements in biopsy procedures.

Which companies are major players in the Biopsy Devices Market?

Major players include BD, Cook, and Quest Diagnostics, among others.

What partnership was announced involving Quest Diagnostics (NYSE: DGX)?

Quest Diagnostics announced a partnership with Biocept to offer laboratory testing services for a targeted lung cancer liquid biopsy panel.

What types of biopsies are increasing in demand?

Breast biopsies are expected to account for the largest application segment in the biopsy devices market due to rising breast cancer awareness.

Quest Diagnostics Inc.

NYSE:DGX

DGX Rankings

DGX Latest News

DGX Stock Data

18.10B
111.62M
0.43%
90.98%
2.08%
Diagnostics & Research
Services-medical Laboratories
Link
United States of America
SECAUCUS