Breast Biopsy Device Market Insights:
The Breast Biopsy Device Market size was valued at USD 2 Billion in 2022, expecting a CAGR of 5.4% during the forecast period (2023-2030), and the market is projected to be worth USD 3.05 Billion by 2030.
Driver:
The increased adoption of Breast Biopsy Device in the Medical Devices industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Breast Biopsy Device also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Breast Biopsy Device in many sectors also boosts the market growth during the forecast period.
A breast biopsy device is a medical tool used to obtain a tissue sample from a suspicious area in the breast for further examination and testing. A breast biopsy may be recommended if a lump, thickening, or other abnormality is detected during a breast exam or imaging test, such as a mammogram or ultrasound.
Breast Biopsy Device Market Research Report” was just released by Market Research Community. It is divided into several categories, including By Product (Biopsy Needle, MRI-Guide Biopsy Systems, Ultrasound Guided Breast Biopsy Systems, Vacuum-Assisted Device (VAD), Guide Wire (Localization Wire), Breast Biopsy Marker), By Indication (Complex cyst, Solid mass, Suspicious solid mass( fibroadenoma ), Suspicious micro calcifications), By End Use (Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Cancer Research Institutes), and companies (ARGON MEDICAL, Becton Dickinson and Company, C.R. Bard, Inc., Cook Medical Inc., Devicor Medical Products, Inc., F. Hoffmann-La Roche Ltd.,, GE Healthcare, Hologic, Inc., Leica Biosystems, Medax Srl Unipersonale), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 5.4%, over the forecast period of 2023–2030.
Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2017-2030 |
| Market Size in 2030 (USD Billion) | 3.05 Billion |
| CAGR (2023-2030) | 5.4% |
| By Product | Biopsy Needle, MRI-Guide Biopsy Systems, Ultrasound Guided Breast Biopsy Systems, Vacuum-Assisted Device (VAD), Guide Wire (Localization Wire), Breast Biopsy Marker |
| By Indication | Complex cyst, Solid mass, Suspicious solid mass( fibroadenoma ), Suspicious micro calcifications |
| By End Use | Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Cancer Research Institutes |
| By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Key Players | ARGON MEDICAL, Becton Dickinson and Company, C.R. Bard, Inc., Cook Medical Inc., Devicor Medical Products, Inc., F. Hoffmann-La Roche Ltd.,, GE Healthcare, Hologic, Inc., Leica Biosystems, Medax Srl Unipersonale |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Breast Biopsy Device market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
ARGON MEDICAL, Becton Dickinson and Company, C.R. Bard, Inc., Cook Medical Inc., Devicor Medical Products, Inc., F. Hoffmann-La Roche Ltd.,, GE Healthcare, Hologic, Inc., Leica Biosystems, Medax Srl Unipersonale
Market Segment Analysis:
By Product
- Biopsy Needle
- Core Needles
- Fine Aspiration Needles
- MRI-Guide Biopsy Systems
- Ultrasound Guided Breast Biopsy Systems
- Two-Dimensional (2-D) Mammographic Ultrasonic Scanning Systems
- Three-Dimensional (3-D) B-Mode Mammographic Ultrasonic Scanning Systems
- Vacuum-Assisted Device (VAD)
- Guide Wire (Localization Wire)
- Breast Biopsy Marker
By Indication
- Complex cyst
- Solid mass
- Suspicious solid mass( fibroadenoma )
- Suspicious micro calcifications
By End Use
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers
- Cancer Research Institutes
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2022, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Breast Biopsy Device industries in the region.
Key Breast Biopsy Device Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Breast Biopsy Device Market segments.
– Largest Market Share Held by Industry to Industry for Breast Biopsy Device
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Breast Biopsy Device Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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