Biopsy refers to a procedure that is used for surgical removal of tissue from an organ. The procedure is done to determine the presence or extent of a disease, including inflammatory and cancerous conditions. The prevalence of chronic diseases is escalating the growth of breast biopsy devices market.
Biopsies can be performed on any organ with the use of specific biopsy devices as a confirmatory test for celiac diseases and cancer. Global vacuum assisted biopsy devices market was valued at USD 726.81 million in 2021 and is expected to reach USD 1026.99 million by 2029, registering a CAGR of 11.70% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework. Biopsy devices refer to the devices that are utilized for removing a piece of a sample or a tissue of cells from the body in order to analyze in the laboratory for presence of a disease. Vacuum-assisted biopsy refers to a minimum insertion system that offers extraction of multiple tissue specimens.
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Vacuum Assisted Biopsy Devices Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
· Prevalence of Cancer
The increase in the prevalence of cancer across the globe acts as one of the major factors driving the growth of vacuum assisted biopsy devices market.
· Preference for Minimally Invasive Surgeries
The increase in the inclination towards minimally invasive surgeries among population owing to the quick recovery and less pain accelerate the market growth.
· Funds and Grants
The surge in investments in the form of funds and grants for biomarker research further influence the market growth.
Opportunities
Furthermore, development of fully integrated biopsy devices extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, emergence of liquid biopsy will assist in the expansion of the market.
Global Vacuum Assisted Biopsy Devices Market Scope and Market Size
The vacuum assisted biopsy devices market is segmented on the basis product, type, technique, applications and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
· Vacuum-Assisted Biopsy Systems
· Vacuum-Assisted Biopsy Needles
Type
· 9-12G
· <9G
· >12G
Technique
· Ultrasound-Guided Biopsy
· Stereotactic-Guided Biopsy
· MRI-Guided Biopsy
· Others
Applications
· Breast Biopsy
· Lung Biopsy
· Colorectal Biopsy
· Prostate Biopsy
· Others
End User
· Hospitals
· Academic And Research Institutes
· Diagnostic And Imaging Centers
· Others
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Vacuum Assisted Biopsy Devices Market Regional Analysis/Insights
The vacuum-assisted biopsy devices market is analysed and market size insights and trends are provided by country, product, type, technique, applications and end user as referenced above.
The countries covered in the vacuum-assisted biopsy devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the vacuum-assisted biopsy devices market because of the large availability of trained medical professionals and availability of well-developed infrastructure facilities within the region.
Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 due to the surge in disposable income and rise in patient awareness toward disease screening in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Vacuum Assisted Biopsy Devices Market Share Analysis
The vacuum-assisted biopsy devices 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, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to vacuum-assisted biopsy devices market.
Some of the major players operating in the vacuum-assisted biopsy devices market are
· BD (US)
· Cook (US)
· Devicor Medical Products, Inc. (US)
· ARGON MEDICAL. (US)
· B. Braun Melsungen AG (Germany)
· Cardinal Health. (US)
· Olympus Corporation (Japan)
· Boston Scientific Corporation (US)
· FUJIFILM Corporation (Japan)
· INRAD Inc. (US)
· Medtronic (Ireland)
· Hologic, Inc. (US)
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