Global Breast Biopsy Devices Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Test Type;

Needle breast biopsy - Fine-needle aspiration , Core-needle aspiration and Vacuum-assisted core biopsy, Surgical biopsy - Incisional breast biopsy and Excisional breast biopsy.

By Product;

Biopsy needles, Biopsy tables, Localization wires, Guidance systems and Others.

By Guidance Type;

Ultrasound-guided , Mammography-guided stereotactic, Magnetic resonance-guided and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn123087849 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Breast Biopsy Devices Market (USD Million), 2020 - 2030

In the year 2023, the Global Breast Biopsy Devices Market was valued at USD 2,394.96 million. The size of this market is expected to increase to USD 3,999.31 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.6%.

The global breast biopsy devices market is witnessing significant growth driven by various factors such as rising incidences of breast cancer, advancements in diagnostic technologies, and increasing awareness about early detection. Breast cancer remains one of the most prevalent forms of cancer among women worldwide, necessitating the need for efficient diagnostic tools. As a result, healthcare providers and medical device manufacturers are continuously innovating to develop more accurate, minimally invasive, and cost-effective biopsy devices.

Technological advancements have led to the development of various types of breast biopsy devices, including core needle biopsy, vacuum-assisted biopsy, and fine needle aspiration biopsy, among others. These devices offer healthcare professionals the ability to obtain tissue samples with high precision, reducing the need for unnecessary surgeries and minimizing patient discomfort. Additionally, the integration of imaging technologies such as ultrasound, MRI, and stereotactic guidance further enhances the accuracy of breast biopsies, aiding in the early detection and treatment of breast cancer.

Increasing government initiatives and investments in breast cancer awareness and screening programs contribute to market growth. Governments and non-profit organizations worldwide are actively promoting breast cancer screening campaigns and offering subsidies for diagnostic procedures, driving the adoption of breast biopsy devices. Furthermore, the growing emphasis on personalized medicine and targeted therapies is expected to fuel the demand for precise diagnostic tools, thereby boosting the growth of the breast biopsy devices market in the coming years.

Despite the advancements, challenges such as high costs associated with advanced biopsy devices, particularly in developing regions, and the reluctance of patients to undergo biopsy procedures due to fear and stigma, may hinder market growth to some extent. Nonetheless, ongoing research and development efforts aimed at improving the efficiency, accuracy, and affordability of breast biopsy devices, coupled with increasing investments in healthcare infrastructure, are expected to create lucrative opportunities for market players in the global breast biopsy devices market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Test Type
    2. Market Snapshot, By Product
    3. Market Snapshot, By Guidance Type
    4. Market Snapshot, By Region
  4. Global Breast Biopsy Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing incidence of breast cancer
        2. Technological advancements
        3. Growing awareness and screening programs
        4. Aging population
      2. Restraints
        1. High cost of devices
        2. Stringent regulatory requirements
        3. Limited accessibility in rural areas
        4. Risk of complications
      3. Opportunities
        1. Emerging markets
        2. Personalized medicine
        3. Collaborative research and development
        4. Telemedicine and remote monitoring
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Breast Biopsy Devices Market, By Test Type, 2020 - 2030 (USD Million)
      1. Needle breast biopsy
        1. Fine-needle aspiration
        2. Core-needle aspiration
        3. Vacuum-assisted core biopsy
      2. Surgical biopsy
        1. Incisional breast biopsy
        2. Excisional breast biopsy
    2. Global Breast Biopsy Devices Market, By Product, 2020 - 2030 (USD Million)
      1. Biopsy needles
      2. Biopsy tables
      3. Localization wires
      4. Guidance systems
      5. Others
    3. Global Breast Biopsy Devices Market, By Guidance Type, 2020 - 2030 (USD Million)
      1. Ultrasound-guided
      2. Mammography-guided stereotactic
      3. Magnetic resonance-guided
      4. Others
    4. Global Breast Biopsy Devices Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Becton, Dickinson and Company (BD)
      2. C.R Bard, Inc
      3. Devicor Medical Products, Inc
      4. Hologic, Inc
      5. Stryker International, Inc
      6. Argon Medical Devices, Inc
      7. Scion Medical Technologies, LLC
      8. Cook Medical, Inc
  7. Analyst Views
  8. Future Outlook of the Market

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