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. The market is expected to grow 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)
Biopsy Devices Market Outlook, 2023-2033 ($ Billion)
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The Biopsy Devices market research report has been created to understand market behavior, which will help identify quantitative market trends in the general surgery devices therapeutic area. It discusses in detail the impact of COVID-19 on the biopsy devices market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing your in-licensing and out-licensing strategies.

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 Dynamics

An increasing prevalence of cancer results in a growing need for effective diagnostic procedures, which, in turn, impacts biopsy device market growth. Demand for the minimally invasive procedure has also contributed to the biopsy devices market. Moreover, rapidly increasing geriatric populations and the introduction of cost-effective advanced devices are projected to further boost the growth of this market.

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.

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.

Biopsy Devices Market Analysis by Segments, 2023 (%)
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, Europe led the biopsy device market. 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.

Biopsy Devices Market Analysis by Regions, 2023 (%)
Biopsy Devices Market Analysis by Regions, 2023 (%)
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Biopsy Devices Market - Competitive Landscape

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

Becton Dickinson and Co. dominated the market in 2023.

Biopsy Devices Market Analysis by Companies, 2023 (%)
Biopsy Devices Market Analysis by Companies, 2023 (%)
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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:

Currently marketed biopsy devices and evolving competitive landscape:

  • Insightful review of the key industry trends.
  • Annualized total biopsy devices market revenue by segment and market outlooks from 2015-2033.
  • Granular data on total procedures, units, average selling prices, and market values by segment.

Global, Regional, and Country level market specific insights:

  • Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
  • SWOT analysis for the biopsy devices market.
  • Competitive dynamics insights and trends provided for the biopsy devices market.

Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the market access segment allows you to delve deeper into market dynamics with 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. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.

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

This Market Model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for –

  • CMO executives who must have deep understanding of the Biopsy Devices marketplace to make strategic planning and investment decisions.
  • Sourcing and procurement executives who must understand crucial components of the supply base in order to make decisions about supplier selection and management.
  • Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.

Reasons to Buy

The model will enable you to:

  • Understand the impact of COVID-19 on the biopsy devices market.
  • Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
  • Develop business strategies by understanding the trends shaping and driving the biopsy devices market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the biopsy devices market in the future.
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
  • Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
  • Track device sales in the global and country-specific biopsy devices market from 2015-2033.
  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.

Frequently asked questions

Biopsy Devices Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033 thematic reports
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