Bone marrow biopsy market is expected to gain market growth in the forecast period of 2020 to 2027. The rising diagnosis rate of early detection and increasing awareness program and initiative are the major drivers which propelled the demand of the market in the forecast period.
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Bone marrow aspiration and bone marrow biopsy are invasive procedures in which strong technical ability is required for collecting samples that are appropriate for processing and analysis of the diagnosis. The needle size and calibre is one of the technique's key factors, which are chosen based on the patient's age, gender and body mass.
Global Bone Marrow Biopsy Market Scope and Market Size
Bone marrow biopsy market is segmented on the basis of product type, procedure type, biopsy type, site, technique, age, application, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the market is segmented into needles, biopsy gun, procedure trays, instruments and others. In 2020, needles segment is expected to dominate the market as bone marrow biopsy needles are one of the most essential products for bone marrow biopsy procedures. Further a variety of new bone marrow biopsy needles are being manufactured with the new designs and ergonomics.
- On the basis of biopsy type, the market is segmented into core needle biopsy, vacuum-assisted biopsy (VAB) and fine needle aspiration biopsy. In 2020, core needle biopsy segment is expected to dominate the market as core needle biopsy is one of the most performed bone marrow biopsy type for the diagnosis of bone marrow in order to find unexplained anaemia or abnormal numbers of blood cells (red blood cells, white blood cells, or platelets) or lack of iron or cancers of the blood-forming tissue or cancers that have spread to the bone marrow or to find chemotherapy effects in the patients.
- On the basis of procedure type, the market is segmented into hip biopsy, breastbone (sternum) biopsy, percutaneous trephine biopsy, tibia (shin) biopsy and others. In 2020, hip biopsy segment is expected to dominate the market due to increasing number of bone marrow biopsy as it is one of the most preformed procedures as red marrow is mainly found in flat bones.
- On the basis of site, the market is segmented into posterior iliac crest, anterior iliac crest, calcaneus, distaltibia, proximal tibia, proximal humerus and others. In 2020, posterior iliac crest segment is expected to dominate the market since bone marrow biopsy are the mostly preferred to preformed on posterior iliac crest.
- On the basis of technique, the market is segmented into flow cytometry, fluorescence in situ hybridization (FISH), polymerase chain reaction (PCR), karyotype test and other. In 2020, flow cytometry segment is expected to dominate the market due to increasing preference for flow cytometry analysis as a diagnosis technique for bone marrow. Flow cytometry technique has no negative impact on disease detection and resulted in reduced utilization and cost.
- On the basis of age, the market is segmented into geriatric, adult and pediatric. In 2020, geriatric segment is expected to dominate the market as bone marrow biopsy are mostly preformed in the geriatric patients for the diagnosis of lymphoma disease, leukemia, polycythemia vera, multiple myeloma, thrombocythemia, myelofibrosis, aplastic anemia as geriatric population are at high risk of developing cancer in the elderly age.
- On the basis of application, the market is segmented into lymphoma disease, leukemia, polycythemia vera, multiple myeloma, thrombocythemia, myelofibrosis, aplastic anemia and others. In 2020, lymphoma disease segment is expected to dominate the market due to increasing bone marrow biopsy adoption for diagnosis of lymphoma disease to find out abnormal cells development in the bone marrow.
- On the basis of end user, the market is segmented into hospitals, diagnostic centers, ambulatory surgical centers, academic and research organizations and others. In 2020, hospitals segment is expected to dominate the market as the bone marrow biopsy procedure is performed as an outpatient procedure in the hospital that normally takes less than 60 minutes and hospital are one of the first contact point and the most trustable option for the patients in various countries.
- On the basis of distribution channel, the market is segmented into direct tender and retail sales. In 2020, direct tender segment is expected to dominate the market as most of the hospitals, diagnostic centers, ambulatory surgical centres and academic and research organizations prefer direct tender for seeking the benefits of bulk buying, discounts and easily availability of products.
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Bone Marrow Biopsy Market Country Level Analysis
The bone marrow biopsy market is analysed and market size information is provided by country, product type, procedure type, biopsy type, site, technique, age, application, end user and distribution channel.
The countries covered in the bone marrow biopsy market report are the U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey and rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines and rest of Asia-Pacific, Brazil, Argentina and rest of South America, South Africa, Saudi Arabia, U.A.E., Israel, Egypt and rest of Middle East and Africa.
Competitive Landscape and Bone Marrow Biopsy Market Share Analysis
Bone marrow biopsy market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to bone marrow biopsy market.
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The major players covered in the report are BD, Medtronic, ARGON MEDICAL, Teleflex Incorporated, Cardinal Health, Merit Medical Systems, Cook, MDL SRL., Zamar Care, SOMATEX Medical Technologies GmbH, Medical Devices Business Services, Inc. (A subsidiary of Johnson & Johnson Services, Inc.), BPB medica, STERYLAB S.r.l., Tsunami Medical Srl, Jorgensen Labs, weLLgo Medical Products GmbH, Hiprove, Shanghai Mekon Medical Devices Co., Ltd., Biomedical Srl, Egemen International among others domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
