Biopsy Instruments Market 2025 Outlook by Key Trends, Benefits, History Review and Opportunities

28 December 2018 – The Global Biopsy Instruments Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. The factors that propel the growth of the Biopsy Instruments Market include increasing demand, growing geriatric population, technological innovations, and wide range of applications. In addition, factors such as growing incidence of cancer, rising preference for minimally invasive surgeries, and increasing awareness among people. Biopsy Instruments Market is classified on the basis of product type, guidance technique, applications, end user, distribution channel and geography.

Biopsy Instrument Market is segmented by product type as needle-based biopsy instruments, localization wires, procedure trays and others. The needle-based biopsy instruments segment is further sub classified as core biopsy devices (core biopsy guns, core biopsy needles), aspiration biopsy needles, vacuum-assisted biopsy devices (vacuum-assisted biopsy systems, vacuum-assisted biopsy needles).Biopsy Instruments Market is categorized by guidance technique asultrasound-guided biopsy, MRI-guided biopsy, stereotactic-guided biopsy, and others. Biopsy Instruments Market is segmented by applications asbreast biopsy, colorectal biopsy, lung biopsy, prostate biopsy, and others. Biopsy Instruments Market is classified on end user as hospitals, diagnostic and imaging centers, academic and research institutes, and others.

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By geography, North America is projected to account a large share of the Biopsy Instruments Market. The key factors that attribute to the growth of this region include increasing occurrence of cancer, well-established healthcare infrastructure & facilities, favourable reimbursement policiesOn the other hand, Asia Pacific is expected to show highest growth rates in the Biopsy Instruments Market. The factors that contribute to the growth of this region include large population base, rise in disposable income, improving healthcare facilities and awareness among people.

Some of the key players that fuel the growth of the Biopsy Instruments Market include Argon Medical Devices, Inc., C. R. Bard, Inc., Boston Scientific Corporation, Cardinal Health, Inc., Becton, Dickinson and Company, Devicor Medical Products, Inc. (A Part of Leica Biosystems), B. Braun Melsungen AG, Fujifilm Holdings Corporation, Olympus Corporation, Inrad, Inc., Cook Group Incorporated, Medtronic PLC, Geotek Medical, and others. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Market Segment:

Key Applications

•         Hospitals

•         Academic and Research Institutes

•         Diagnostic and Imaging Centers

Key Regions

·         North America

·         Europe

·         Asia Pacific

·         Middle East and Africa

·         South America