San Francisco, 16 October 2018 , The global Biopsy Devices Market size is expected to reach USD 2.3 billion by
2020, according to a new report by Grand View Research, Inc., progressing at a
CAGR of 6.4% during the forecast period. Growing incidence of cancer, rising
geriatric population across the world, and soaring demand for less invasive
biopsy procedures are some of the key trends stimulating market growth.
Demand for
minimally invasive biopsy procedures is rising at a significant rate in the
market. Different types of technologies and products such as, biopsy guiding
systems, needle-based biopsy guns, and vacuum assisted devices are anticipated
to witness high growth during the forecast period.
North
America is likely to command a considerable revenue share in the market
throughout the forecast period. On the other hand, Asia Pacific is projected to
post a noteworthy CAGR during the same period.
In emerging
economies, high price of biopsy devices can hinder the growth of the market.
Patients in the countries are generally price sensitive and need more efficient
and effective medical technologies and facilities. There are several regulatory
changes coming across the world to address unmet needs of patients in these
areas.
High unmet
patient needs coupled with rapidly improving healthcare infrastructure in
emerging countries such as India and China are poised to augment the regional
market. Advent of technologically advanced and efficient products such as
Vacora and Finesse Ultra Breast Biopsy System by BARD and Celero VAB device by
Hologic Inc. is stoking the growth of the market. Besides this, burgeoning popularity
of these devices in developed countries such as the U.S., Canada, and Japan are
expected to boost the growth of the overall market during the forecast period.
Some of the
key players in the biopsy devices market are Inard Inc.; Carefusion Corporation;
Devicor Medical Products, Inc; DTR Medical; Hologic Inc.; C.R. Bard Inc. and
Cardinal Health Inc. These companies are involved in developing and adding
technologically advanced and cost effective instruments to their product
portfolio.
Full Research Report On Biopsy Devices Market
Analysis:
www.grandviewresearch.com/industry-analysis/biopsy-devices-industry
www.grandviewresearch.com/industry-analysis/biopsy-devices-industry
Further key findings from the report suggest:
·
Due to rapid technological advancements and
high efficiency, biopsy guidance systems are anticipated to register sharp rise
in their demand over the forecast period
·
Surging demand for less invasive surgeries
and disposable biopsy devices is one of the primary growth stimulants for the
market
·
Technologies such as vacuum assisted biopsy
devices are able to facilitate easy removal of large tissue samples. Upsurge in
their demand will influence the overall market positively
·
The North America market was at the
forefront of the market. The region is driven by various factors such as better
infrastructure, patient awareness, and good healthcare facilities
·
Asia Pacific is estimated to emerge as the
fastest growing region in the global arena.
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/clinical-diagnostics
Grand View Research has segmented the
global biopsy devices market based on product and region:
Biopsy
Devices Product Outlook (Revenue USD Million, 2012 - 2020)
·
Needle-based Biopsy Guns
o
Vacuum-assisted Biopsy (VAB) Devices
o
Fine Needle Aspiration Biopsy (FNAB)
Devices
o
Core Needle Biopsy (CNB) devices
·
Biopsy Guidance Systems
o
Manual
o
Robotic
·
Biopsy Needles
o
Disposable
o
Reusable
·
Biopsy Forceps
o
General Biopsy Forceps
o
Hot Biopsy Forceps
·
Others
o
Brushes
o
Curettes
o
Punches
Biopsy
Devices Regional Outlook (Revenue USD Million, 2012 - 2020)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East and Africa
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/biopsy-devices-market
www.grandviewresearch.com/press-release/biopsy-devices-market
About Grand View Research
Grand View Research, Inc.
is a U.S. based market research and consulting company, registered in the State
of California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com/
