Biopsy Devices Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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Biopsy Devices Market Report Overview
The biopsy devices market size was $1.46 billion in 2023. Factors such as the increasing prevalence of cancer and a growing need for effective diagnostic procedures will drive the market growth at a CAGR of more than 3% during 2023-2033.
Biopsy is the basic standard technique preferred to interpret the diagnosis and characteristics of cancer. Tobacco use, alcohol use, unhealthy diet, and physical inactivity are the major risk factors causing cancer. Biopsies are also performed on non-cancerous indications such as chronic kidney disease (CKD), liver cirrhosis, and organ transplantations.
Biopsy Devices Market Outlook, 2023-2033 ($ Billion)
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The biopsy devices market research report identifies quantitative market trends within drug delivery devices therapeutic areas. The report offers regional quantitative and qualitative data highlighting the sales in major markets. The model also covers in detail the effects of COVID-19 on the biopsy devices market for 2020 and beyond. Furthermore, the report provides biopsy devices market share by company that will help in identifying untapped market opportunities.
Market Size (2023) | $1.46 Billion |
CAGR (2023-2033) | >3% |
Forecast period | 2023-2033 |
Historical Period | 2015-2022 |
Key Segments | · Biopsy Forceps
· Biopsy Guns · Biopsy Needles · Biopsy Punches · Vacuum-Assisted Needle Devices |
Key Regions | · North America
· Europe · Asia Pacific · South Central America · Middle East and Africa |
Leading Companies | · Becton Dickinson and Co
· Devicor Medical Products Inc · Hologic Inc · Cook Medical Inc · Boston Scientific Corp · Medtronic Plc |
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Biopsy Devices Market by Segments
The key segments in the biopsy devices market are Biopsy Forceps, Biopsy Guns, Biopsy Needles, Biopsy Punches, And Vacuum-Assisted Needle Devices. In 2023, the Biopsy Guns segment led the biopsy devices market. Biopsy Guns are handheld spring-loaded devices with core needles attached. The firing of the gun leads to the sampling of a small amount of core tissue that remains in the cannula of the attached needle. Biopsy Guns can be further sub-segmented into automatic Biopsy Guns and semiautomatic guns.
Vacuum-Assisted Needles Devices use a vacuum-powered system that aspirates several tissue samples. These devices do not rely on the spring-loading mechanism seen in Biopsy Guns. Reusable and Disposable Vacuum-Assisted Needle Devices are covered under this segment. While Biopsy Forceps are used in association with an endoscope to obtain biopsy samples.
Biopsy Devices Market Analysis by Segments, 2023 (%)
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Biopsy Devices Market Segmentation by Regions
The key regions in the biopsy devices market are North America, Europe, Asia Pacific, South Central America, and the Middle East and Africa. In 2023, the European biopsy device market had the highest share. Various countries within Europe run screening programs and registries to track disease cases. Germany and France have the largest share of the biopsy devices market in the region due to an increasing number of biopsy procedures and the adoption of newer devices.
German biopsy devices market follows global and regional trends for Europe. Factors such as advanced healthcare systems and the presence of local medical device companies rea driving the market growth. Substantial increases in cancer incidence and awareness of early diagnosis have also resulted in an increased number of biopsy procedures in Germany.
Biopsy Devices Market Analysis by Regions, 2023 (%)
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Biopsy Devices Market - Competitive Landscape
In 2023, Becton Dickinson biopsy devices market share was the highest
A few of the leading companies in the biopsy devices market are:
- Becton Dickinson and Co.
- Devicor Medical Products Inc.
- Hologic Inc.
- Cook Medical Inc.
- Boston Scientific Corp
- Medtronic Plc
The key competitive strategies that major companies are following are offering diverse products and heavy investment in R&D among others. For instance, heavy R&D investment will lead to product innovation, which is a key driver of the biopsy devices market. In addition, higher accuracy rates, minimum contamination, less traumatic injury, and higher sample yield are key aspects of market growth.
Biopsy Devices Market Analysis by Companies, 2023 (%)
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Biopsy Devices Market Dynamics
Trends: An increasing prevalence of cancer results in a growing need for effective diagnostic procedures, which is driving the biopsy device market growth. Demand for the MIS procedure has also positively impacted the biopsy devices market.
Future Outlook: Advances in technology, especially biopsy devices with advanced features, will result in safer procedures. Healthcare centers in various countries are encouraging patients to undergo diagnostic examinations to diagnose disease at an early stage. Government programs to promote diagnosis are further expected to improve the utilization of diagnostic devices.
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Segments Covered in the Report
Biopsy Devices Segment Outlook (Value, $ Billion, 2015-2033)
- Biopsy Forceps
- Disposable Biopsy Forceps
- Reusable Biopsy Forceps
- Biopsy Guns
- Automatic Biopsy Guns
- Semiautomatic Guns
- Biopsy Needles
- Biopsy Gun Needles
- Core Needles
- Fine Needle Aspiration (FNA) Needles
- Vacuum-Assisted Needles
- Biopsy Punches
- Disposable Biopsy Punches
- Reusable Biopsy Punches
- Vacuum-Assisted Needle Devices
- Disposable Vacuum-Assisted Needle Devices
- Reusable Vacuum-Assisted Needle Devices
Biopsy Devices Regional Outlook (Value, $ Billion, 2015-2033)
- North America
- Europe
- Asia Pacific
- South Central America
- Middle East and Africa
Key Inclusions of the market model are:
The biopsy devices market research report includes an insightful review of the key industry trends.
- The biopsy devices market report offers an annualized market revenue by segment and market outlooks from 2015-2033.
- The report also includes market-level data on units, average selling prices, and market values.
Regional, country, and global biopsy devices market insights:
- The biopsy devices market share report offers qualitative insights on global and regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- Biopsy devices market SWOT analysis.
- The report provides trends and Biopsy Devices market competitive dynamics.
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Learn about consumer behavior through the detailed overview of segments and the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. These syndicated models include demand and supply-side primary sources including Key opinion leaders. In addition, determine market trends through real-world data sources including databases of government procedures and hospital purchasing.
Companies covered: Becton Dickinson and Co, Danaher Corp, Hologic Inc, Cook Group Inc, Boston Scientific Corp, Medtronic Plc, ConMed Corp, Olympus Corp, Weigao Group Co Ltd, Henry Schein Inc, Coloplast A/S, Merit Medical Systems Inc, Integra LifeSciences Holdings Corp, Teleflex Inc, Acuderm Inc, Steris Plc, and others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
- Extensive coverage of the biopsy devices market under development.
- An exhaustive list of major pipeline products and their details, including product description, licensing and collaboration details, and other developmental activities.
- Reviews of major players involved in the development of the biopsy devices market and lists all their pipeline projects.
- Coverage of pipeline products based on various stages of development ranging from early development to approved/issued stage.
- Key clinical trial data of ongoing clinical trials specific to pipeline products.
- Recent developments in the segment/industry.
Reasons to Buy
- Understand the COVID-19 impact on biopsy devices.
- Design your licensing strategies through a review of products, technologies, and companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving biopsy devices.
- Understand the trends, innovative product launches, technologies, segments, and companies that will impact the market in the future.
- Formulate effective sales and marketing strategies with a detailed evaluation of biopsy devices market share by company. Identify strong competitors and create winning strategies to stand out in the global biopsy devices market.
- Track regional biopsy devices market sales as well as country-specific transactions from 2015-2033.
- Organize your sales and marketing efforts by identifying the global biopsy devices market segments that present maximum opportunities. Such details will help to make investments and strategic partnerships.
Devicor Medical Products Inc
Hologic Inc
Cook Medical Inc
Boston Scientific Corp
Medtronic Plc
ConMed Corp
Olympus Corp
Argon Medical Devices Inc
Henry Schein Inc
Coloplast A/S
Merit Medical Systems Inc
Integra LifeSciences Holdings Corp
Teleflex Inc
Acuderm Inc
United States Endoscopy Group Inc
Others
Frequently asked questions
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What was the biopsy devices market size in 2023?
The biopsy devices market size was $1.46 billion in 2023.
-
What will the biopsy devices market growth rate be during the forecast period?
The biopsy devices market is expected to grow at a CAGR of more than 3% during 2023-2033.
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Which region held the highest biopsy devices market share in 2023?
Europe held the highest biopsy devices market share in 2023.
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Which segment accounted for the largest biopsy devices market share in 2023?
Biopsy guns led the biopsy devices market in 2023.
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Which are the major companies operating in the biopsy devices market?
A few of the leading companies in the biopsy devices market are Becton Dickinson and Co., Devicor Medical Products Inc., Hologic Inc., Cook Medical Inc., Boston Scientific Corp, and Medtronic Plc.
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