Biopsy Devices Market Giants Spending Is Going to Boom

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The Global Biopsy Devices Market is projected to grow at a CAGR of around 6.5% during the forecast period, i.e., 2024-30.

According to the latest market research report title “Biopsy Devices Market By Product (Needle-based Biopsy Instruments, [Core Biopsy Devices, Aspirational Biopsy Needle, Vacuum- Assisted Biopsy Device], Procedure Trays, Localized Wires, Other (Forceps, Curettes, etc.)), By Application (Skin Biopsy, Bone Marrow Biopsy, Prostate Biopsy, Breast Biopsy, Other (Liver, Colorectal, etc.)), By Imaging Technology (Ultrasound, MRI-Guided Biopsy, Stereotactic-Guided Biopsy), By End User (Hospitals, Imaging Centers, Diagnostic Centers, Ambulatory Surgical Centers), By Region (North America, South America, Europe, The Middle & Africa, Asia-Pacific)--Forecast to 2024″, published by MarkNtel Advisors, The Global Biopsy Devices Market is projected to grow at a CAGR of around 6.5% during the forecast period, i.e., 2024-30.

The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2024-30). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.

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Global Biopsy Devices Market Driver:

Rising Prevalence of Cancer Cases Driving the Demand for Biopsy Devices – The growing global diagnosis of cancer patients has significantly increased the demand for accurate and convenient diagnostic methods, particularly for the early detection of tumors. According to the International Agency for Research on Cancer (IARC), in 2020, there were about 2.3 million new cases of breast cancer globally, which is expected to increase by over 27.5 Million cases by 2040, with over 16.3 million estimated deaths worldwide.

With the increasing incidence of cancer cases and the rising focus of the global healthcare authorities to minimize the global cancer burden, the demand for biopsy devices from surgical & healthcare centers is anticipated to boom. As a result, ultimately driving the market growth of Global Biopsy Devices in the forecast period.

Biopsy Devices Market Segmentation

The Biopsy Devices Market is highly robust and fragmented into numerous segments;

By Product

-Needle-based Biopsy Instruments- Market Size & Forecast 2019-2030, USD Million

--Core Biopsy Devices- Market Size & Forecast 2019-2030, USD Million

--Aspirational Biopsy Needle- Market Size & Forecast 2019-2030, USD Million

--Vacuum- Assisted Biopsy Device - Market Size & Forecast 2019-2030, USD Million

-Procedure Trays- Market Size & Forecast 2019-2030, USD Million

-Localized Wires- Market Size & Forecast 2019-2030, USD Million

-Other (Forceps, Curettes, etc.) - Market Size & Forecast 2019-2030, USD Million

By Application

-Skin Biopsy- Market Size & Forecast 2019-2030, USD Million

-Bone Marrow Biopsy- Market Size & Forecast 2019-2030, USD Million

-Prostate Biopsy- Market Size & Forecast 2019-2030, USD Million

-Breast Biopsy- Market Size & Forecast 2019-2030, USD Million

-Other (Liver, Colorectal, etc.) - Market Size & Forecast 2019-2030, USD Million

By Imaging Technology

-Ultrasound- Market Size & Forecast 2019-2030, USD Million

-MRI-Guided Biopsy- Market Size & Forecast 2019-2030, USD Million

-Stereotactic-Guided Biopsy - Market Size & Forecast 2019-2030, USD Million

By End User

-Hospitals- Market Size & Forecast 2019-2030, USD Million

-Imaging Centers- Market Size & Forecast 2019-2030, USD Million

-Diagnostic Centers- Market Size & Forecast 2019-2030, USD Million

-Ambulatory Surgical Centers- Market Size & Forecast 2019-2030, USD Million

By Region

-North America

-South America

-Europe

-The Middle & Africa

-Asia-Pacific

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Key Players Operating in the Biopsy Devices Market: -

Boston Scientific Corporation

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Cardinal Health

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Medtronic

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Key Questions Answered:

  • What is the projected CAGR of the Biopsy Devices Market during the forecast period?
  • Which segment is expected to lead the Biopsy Devices Market?
  • Who are the prominent players driving market growth?

Key Offerings:

  • Market Share, Size, and Revenue Forecast
  • Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
  • Landscape: Leading key players and other prominent participants

About MarkNtel Advisors

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.

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