Global biopsy device market is anticipated to surpass USD 2.8 Billion by the year end of 2025

The surgically removal of a tissue from any human organ to know the presence of a disease especially cancer is called biopsy. This medical procedure is done by surgeons, cardiologist and radiologist.  Global biopsy device market is anticipated to surpass USD 2.8 Billion by the year end of 2025. The main factor that fuel the market growth is minimal invasive surgical procedure which mitigate the complications and side-effects and proliferating the biopsy device. Increasing private funding for cancer research, government expenditure on healthcare across the world, rising technological up-gradation and favorable reimbursement policies will further propel the global biopsy device market in coming future. 

As per world cancer report by the end of year 2020 there will be 15 Million new cancer cases. The rising prevalence of cancer disease across the world like breast cancer, lung cancer, prostate cancer etc will drive the market of biopsy devices. These days, people are more health conscious and they are shifting towards minimal invasive technique over conventional technique to ensure complete safety.

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Biopsy Needle is one of the Significant Segment in Global Biopsy Device Market

In this report, we have done comprehensive analysis of different types of Biopsy Device product. By biopsy device product, the market is categorized into 4 parts; Biopsy Needle, Guidance system segment, Biopsy Guns, Reagents and kits in which Biopsy needle is one of the most significant segment in global biopsy device market. 

• Biopsy Needle segmented into two parts; Fine Aspiration Needles and Core Needle. 
• Guidance system is further categorized into three parts; Ultrasound-guided, Stereotactic-guided and Clinically guided. 
• Ultrasound-guided is the major segment among guidance system, where ultrasound is done to identify the abnormalities and then use needle to take sample of tissues from that particular places and this whole process takes 30 minutes. 

Besides, this report also discusses about the market of Guidance system, say for instance (Clinically-guided, Stereotactic-guided, Ultrasound-guided) and Reagents & kits system. The above mentioned markets of devices make a great impact on this market due to inclination on minimally invasive surgeries as well as rising prevalence of cancer’s like Prostate, Breast and Lungs. 

Breast Biopsy is the Largest Application of Global Biopsy Device Market

In this report, we have fragmented the global biopsy device market on the basis of application into three parts; Breast Biopsy, Lung Biopsy and Prostate Biopsy. The prevalence of breast cancer and prostate cancer across the world is rising at the rapid pace and demand of minimally invasive surgeries among the people is also rising and hence it will further propel the market growth of global biopsy device. In this report, breast biopsy alone dominated the biopsy device market.

Company Analysis  

The key players in this industry include C. R. Bard, Inc., Becton, Dickinson and Company, B. Braun Melsungen AG, Cardinal Health, Inc., Olympus Corporation, Boston Scientific Corporation, Medtronic plc, and Hologic, Inc. The company focuses on the development of new products, partnerships and acquisitions to maintain their positions in the market. 
 

All the 8 companies studied in the report have been studied from 4 points 

•    Overview
•    Business Strategy 
•    Merger & Acquisition  
•    Financial Insight 

 
Biopsy Segments Covered in the Report:  

•    Biopsy Needles
•    Guidance Systems
•    Biopsy Guns
•    Reagents and kits
•    Others

Regional Market Covered in the Report: 

•    North America
•    Europe
•    Asia-Pacific
•    Rest of the World   

Key Companies Covered in the Report:   

•    C. R. Bard, Inc.
•    Becton, Dickinson and Company
•    B. Braun Melsungen AG
•    Cardinal Health, Inc.
•    Olympus Corporation
•    Boston Scientific Corporation
•    Medtronic plc
•    Hologic, Inc.

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Key Topics Covered :

1.    Introduction

2.    Research Methodology

3.    Executive Summery

4.    Global – Biopsy Devices Market

5.    Market Share – Global Biopsy Devices

6.    By Product - Biopsy Devices Market

7.    By Application - Biopsy Devices Market

8.    By Region - Biopsy Devices Market

9.    By End - User - Biopsy Devices Market

10.    Becton, Dickinson and Company – Company Analysis

11.    B. Braun Melsungen AG – Company Analysis

12.    Cardinal Health, Inc. – Company Analysis

13.    Olympus Corporation – Company Analysis

14.    Boston Scientific Corporation – Company Analysis

15.    Medtronic plc – Company Analysis

16.    Hologic, Inc. – Company Analysis

17.    Growth Drivers

18.    Challenges

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