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1029863

Biopsy Devices Market Global Forecast 2021-2027, Impact of COVID-19, Size, Share, Insight, Growth, Opportunity Company Analysis

Published: | Renub Research | 150 Pages | Delivery time: 1-2 business days

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Biopsy Devices Market Global Forecast 2021-2027, Impact of COVID-19, Size, Share, Insight, Growth, Opportunity Company Analysis
Published: September 1, 2021
Renub Research
Content info: 150 Pages
Delivery time: 1-2 business days
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  • Description
  • Table of Contents
Description

Worldwide, there is an increase in detection of cancer incidences, of Breast cancer, Prostate cancer, and Lung cancer, due to a rise in awareness level. Besides rapid technological advancements such as 3D optical biopsies, MRI-targeted biopsies, and Ultrasound-guided biopsies fuel the adoption of biopsy devices. Many countries hold programs for the early diagnosis of breast cancer. Therefore, such initiatives will stimulate the adoption rate of biopsy devices, thereby positively impacting the growth of the biopsy devices business. According to Renub Research, the Global Biopsy Devices Market is projected to reach US$ 3.5 Billion by 2027.

With improved screening and diagnostic techniques, biopsy devices are an integral part of the diagnostic workup for many medical conditions. It is a procedure to perform surgical removal of tissue from an organ to determine the presence or extent of disease, usually cancerous and inflammatory conditions. This diagnostic procedure is performed by radiologists, surgeons and interventional cardiologists. Biopsies can be done on any organ using specific biopsy devices as a confirmatory test for cancer and celiac diseases. According to the World Cancer Report, cancer rates could further increase by 50% to 15 Million new cases in 2020. Therefore, the increasing incidence of cancer cases and developments in biopsy devices witness high growth.

Based on Product - Needle-based Biopsy holds the Largest Market Share

The biopsy devices market has been segmented into Biopsy Needles, Guidance Systems, Biopsy Guns, Reagents and others. Needle-based biopsy holds the leading market share due to the increasing demand for Fine Aspiration Needles and Core Needles for acquiring samples from soft tissues of internal organs, an application such as breasts, Prostate, and lungs. As per Statista, breast cancer will make up to 27.7 percent of all the new cancer cases in women in Asia in 2020.

In addition, Guidance Systems, Biopsy Guns, Reagents and other devices are used in extensive applications across numerous healthcare institutions, such as Diagnostic Center, Hospitals and others. Advanced healthcare infrastructure and the expanding prevalence of infections have positively impacted biopsy devices growth over the projected timeframe. This is attributed to the growth in the healthcare sector in emerging economies, the rise in out-of-pocket healthcare expenditure, and the increase in the number of hospitals. As per this research report, Worldwide Biopsy Devices Market is likely to grow at a CAGR of 6.86% by 2021 - 2027.

Regional Analysis - North America is the leading revenue contributor in the Biopsy Devices Industry

Further, North America is the leading revenue contributor in the biopsy devices market. It is due to the large availability of trained medical professionals, well-developed infrastructure facilities, and the presence of a majority of key players. Moreover, Asia Pacific is a promising destination for biopsy device manufacturers. Rapidly improving healthcare infrastructure in emerging Asia Pacific countries, coupled with high unmet patient needs and increasing incidence of breast cancer, is anticipated to stimulate the demand for biopsy devices. Our research suggests that the Global Biopsy Devices Market was US$ 2.2 Billion in 2020.

Company Analysis

Companies are undertaking strategies, such as product launches within technological innovations and partnerships, to gain profits in the industry. For example: In 2021, Oprah Winfrey Network OWN YOUR HEALTH announced an exclusive partnership with Hologic's Project. This partnership will bring awareness to the inequality of healthcare U.S. Black women get in the areas of breast, cervical, and uterine fibroids. It will give access to education and preventative tools using Hologic's comprehensive research and resources. Besides, it will also share original content from celebrated OWN creative visionaries highlighting the authentic stories and voices of Black women.

Renub Research latest report "Biopsy Devices Market by Product (Biopsy Needles - Fine Aspiration Needles, Core Needles, Guidance Systems- Ultrasound-guided, Stereotactic-guided, Clinically-guided, Biopsy Guns, Reagents and kits, Others (Brushes, Curettes and Punches etc), Application (Breast Biopsy, Lung Biopsy, Prostate Biopsy, Others), Region ( North America, Europe, Asia Pacific, Rest of World), End - User (Diagnostic Center, Hospitals and others), Companies (Becton Dickinson and Company, Cardinal Health. Braun Melsungen AG, Inc, Olympus Corporation, Boston Scientific Corporation, Medtronic plc, Hologic, Inc.)"

Product - Biopsy Devices Market has been covered from 5 Viewpoints:

  • 1. Biopsy Needles
    • Fine Aspiration Needles
    • Core Needles
  • 2. Guidance Systems
    • Ultrasound-guided
    • Stereotactic-guided
    • Clinically-guided
  • 3. Biopsy Guns
  • 4. Reagents and kits
  • 5. Others (Brushes, Curettes and Punches etc)

Application - Biopsy Devices Market has been covered from 4 Viewpoints:

  • 1. Breast Biopsy
  • 2. Lung Biopsy
  • 3. Prostate Biopsy
  • 4. Others

Region - Biopsy Devices Market has been covered from 4 Viewpoints:

  • 1. North America
  • 2. Europe
  • 3. Asia-Pacific
  • 4. Rest of World

End - User - Biopsy Devices Market has been covered from 3 Viewpoints:

  • 1. Diagnostic Center
  • 2. Hospitals
  • 3. Others

Company Insights:

  • Overview
  • Company Initiatives
  • Sales Analysis

Companies Covered:

  • 1. Becton Dickinson and Company
  • 2. Cardinal Health Inc.
  • 3. Braun Melsungen AG, Inc
  • 4. Olympus Corporation
  • 5. Boston Scientific Corporation
  • 6. Medtronic plc
  • 7. Hologic, Inc.
Table of Contents

Table of Contents

1. Introduction

2. Research & Methodology

3. Executive Summary

4. Market Dynamics

  • 4.1 Growth Drivers
  • 4.2 Challenges

5. Global Biopsy Devices Market

6. Market Share - Global Biopsy Devices

  • 6.1 By Product
  • 6.2 By Application
  • 6.3 By Region
  • 6.4 By End-User

7. Product - Biopsy Devices Market

  • 7.1 Biopsy Needles
    • 7.1.1 Fine Aspiration Needles
    • 7.1.2 Core Needles
  • 7.2 Guidance Systems
    • 7.2.1 Ultrasound-guided
    • 7.2.2 Stereotactic-guided
    • 7.2.3 Clinically-guided
  • 7.3 Biopsy Guns
  • 7.4 Reagents and kits
  • 7.5 Others (Brushes, Curettes and Punches etc)

8. Application - Biopsy Devices Market

  • 8.1 Breast Biopsy
  • 8.2 Lung Biopsy
  • 8.3 Prostate Biopsy
  • 8.4 Others

9. Region - Biopsy Devices Market

  • 9.1 North America
  • 9.2 Europe
  • 9.3 Asia-Pacific
  • 9.4 Rest of World

10. End User - Biopsy Devices Market

  • 10.1 Diagnostic Center
  • 10.2 Hospitals
  • 10.3 Others

11. Company Analysis

  • 11.1 Becton, Dickinson and Company
    • 11.1.1 Overview
    • 11.1.2 Recent Development
    • 11.1.3 Financial Insight
  • 11.2 B. Braun Melsungen AG
    • 11.2.1 Overview
    • 11.2.2 Key Development
    • 11.2.3 Financial Insight
  • 11.3 Cardinal Health, Inc.
    • 11.3.1 Overview
    • 11.3.2 Key Development
    • 11.3.3 Financial Insight
  • 11.4 Olympus Corporation
    • 11.4.1 Overview
    • 11.4.2 Key Development
    • 11.4.3 Financial Insight
  • 11.5 Boston Scientific Corporation
    • 11.5.1 Overview
    • 11.5.2 Key Development
    • 11.5.3 Financial Insight
  • 11.6 Medtronic plc
    • 11.6.1 Overview
    • 11.6.2 Key Development
    • 11.6.3 Financial Insight
  • 11.7 Hologic, Inc.
    • 11.7.1 Overview
    • 11.7.2 Key Development
    • 11.7.3 Financial Insight

List of Figures

  • Table-01: Biopsy Devices Market Share by Product (Percent), 2016 - 2020
  • Table-02: Forecast for - Biopsy Devices Market Share by Product (Percent), 2021 - 2027
  • Table-03: Biopsy Devices Market Share by Application (Percent), 2016 - 2020
  • Table-04: Forecast for - Biopsy Devices Market Share by Application (Percent), 2021 - 2027
  • Table-05: Biopsy Devices Market Share by Region (Percent), 2016 - 2020
  • Table-06: Forecast for - Biopsy Devices Market Share by Region (Percent), 2021 - 2027
  • Table-07: Biopsy Devices Market Share by End-User (Percent), 2016 - 2020
  • Table-08: Forecast for - Biopsy Devices Market Share by End-User (Percent), 2021 - 2027

List of Tables

  • Figure-01: Global Biopsy Devices Market (Million US$), 2016 - 2020
  • Figure-02: Forecast for - Global Biopsy Devices Market (Million US$), 2021 - 2027
  • Figure-03: Product - Biopsy Needles Market (Million US$), 2016 - 2020
  • Figure-04: Product - Forecast for Biopsy Needles Market (Million US$), 2021 - 2027
  • Figure-05: Product - Fine Aspiration Needles Market (Million US$), 2016 - 2020
  • Figure-06: Product - Forecast for Fine Aspiration Needles Market (Million US$), 2021 - 2030
  • Figure-07: Product - Core Needles Market (Million US$), 2016 - 2020
  • Figure-08: Product - Forecast for Core Needles Market (Million US$), 2021 - 2030
  • Figure-09: Product - Guidance Systems Market (Million US$), 2016 - 2020
  • Figure-10: Product - Forecast for Guidance Systems Market (Million US$), 2021 - 2027
  • Figure-11: Product - Ultrasound-guided Market (Million US$), 2016 - 2020
  • Figure-12: Product - Forecast for Ultrasound-guided Market (Million US$), 2021 - 2030
  • Figure-13: Product - Stereotactic-guided Market (Million US$), 2016 - 2020
  • Figure-14: Product - Forecast for Stereotactic-guided Market (Million US$), 2021 - 2030
  • Figure-15: Product - Clinically-guided Market (Million US$), 2016 - 2020
  • Figure-16: Product - Forecast for Clinically-guided Market (Million US$), 2021 - 2030
  • Figure-17: Product - Biopsy Guns Market (Million US$), 2016 - 2020
  • Figure-18: Product - Forecast for Biopsy Guns Market (Million US$), 2021 - 2027
  • Figure-19: Product - Reagents and kits Market (Million US$), 2016 - 2020
  • Figure-20: Product - Forecast for Reagents and kits Market (Million US$), 2021 - 2027
  • Figure-21: Product - Others (Brushes, Curettes and Punches etc) Market (Million US$), 2016 - 2020
  • Figure-22: Product - Forecast for Others (Brushes, Curettes and Punches etc) Market (Million US$), 2021 - 2027
  • Figure-23: Application - Breast Biopsy Market (Million US$), 2016 - 2020
  • Figure-24: Application - Forecast for Breast Biopsy Market (Million US$), 2021 - 2027
  • Figure-25: Application - Lung Biopsy Market (Million US$), 2016 - 2020
  • Figure-26: Application - Forecast for Lung Biopsy Market (Million US$), 2021 - 2027
  • Figure-27: Application - Prostate Biopsy Market (Million US$), 2016 - 2020
  • Figure-28: Application - Forecast for Prostate Biopsy Market (Million US$), 2021 - 2027
  • Figure-29: Application - Others Market (Million US$), 2016 - 2020
  • Figure-30: Application - Forecast for Others Market (Million US$), 2021 - 2027
  • Figure-31: North America - Biopsy Devices Market (Million US$), 2016 - 2020
  • Figure-32: North America - Forecast for Biopsy Devices Market (Million US$), 2021 - 2027
  • Figure-33: Europe - Biopsy Devices Market (Million US$), 2016 - 2020
  • Figure-34: Europe - Forecast for Biopsy Devices Market (Million US$), 2021 - 2027
  • Figure-35: Asia Pacific - Biopsy Devices Market (Million US$), 2016 - 2020
  • Figure-36: Asia Pacific - Forecast for Biopsy Devices Market (Million US$), 2021 - 2027
  • Figure-37: Rest of World - Biopsy Devices Market (Million US$), 2016 - 2020
  • Figure-38: Rest of World - Forecast for Biopsy Devices Market (Million US$), 2021 - 2027
  • Figure-39: End - Use - Diagnostic Center Market (Million US$), 2016 - 2020
  • Figure-40: End - Use - Forecast for Diagnostic Center Market (Million US$), 2021 - 2027
  • Figure-41: End - Use - Hospitals Market (Million US$), 2016 - 2020
  • Figure-42: End - Use - Forecast for Hospitals Market (Million US$), 2021 - 2027
  • Figure-43: End - Use - Others Market (Million US$), 2016 - 2020
  • Figure-44: End - Use - Forecast for Others Market (Million US$), 2021 - 2027
  • Figure-45: Becton, Dickinson and Company - Global Revenue (Million US$), 2016 - 2020
  • Figure-46: Becton, Dickinson and Company - Forecast for Global Revenue (Million US$), 2021 - 2027
  • Figure-47: B. Braun Melsungen AG - Global Revenue (Million US$), 2016 - 2020
  • Figure-48: B. Braun Melsungen AG - Forecast for Global Revenue (Million US$), 2021 - 2027
  • Figure-49: Cardinal Health, Inc. - Global Revenue (Million US$), 2016 - 2020
  • Figure-50: Cardinal Health, Inc. - Forecast for Global Revenue (Million US$), 2021 - 2027
  • Figure-51: Olympus Corporation - Global Revenue (Million US$), 2016 - 2020
  • Figure-52: Olympus Corporation - Forecast for Global Revenue (Million US$), 2021 - 2027
  • Figure-53: Boston Scientific Corporation - Global Revenue (Million US$), 2016 - 2020
  • Figure-54: Boston Scientific Corporation - Forecast for Global Revenue (Million US$), 2021 - 2027
  • Figure-55: Medtronic plc - Global Revenue (Million US$), 2016 - 2020
  • Figure-56: Medtronic plc - Forecast for Global Revenue (Million US$), 2021 - 2027
  • Figure-57: Nvidia Corporation - Global Revenue (Million US$), 2016 - 2020
  • Figure-58: Nvidia Corporation - Forecast for Global Revenue (Million US$), 2021 - 2027