The global biopsy devices market was valued at USD 3.46 Billion in 2024, driven by rising incidence of cancer across the globe. The market is expected to grow at a CAGR of 10.80% during the forecast period of 2025-2034, with the values likely to reach USD 9.65 Billion by 2034.
Base Year
Historical Year
Forecast Year
Argon Medical Devices introduced the SuperCore Advantage™ Semi-Automatic Biopsy Instrument in May 2023 in the United States. Such innovative device launches are likely to boost market expansion in the forecast period.
In April 2024, the FDA approved the Single Pass' Kronos biopsy closure device. The rise in regulatory approvals of advanced biopsy devices is expected to bolster the market growth.
The strong regulatory backing from health agencies coupled with continuous research and development initiatives is expected to elevate the market value in the coming years.
Value in USD Billion
2025-2034
Biopsy Devices Market Outlook
*this image is indicative*
Biopsy tools collect tissue samples from various parts of the body, including the skin, breasts, liver, and kidneys, to identify cancer, infections, and inflammatory conditions. New devices are critical for improving the accuracy, safety, and convenience of biopsies, aiding in the diagnosis and monitoring of medical disorders. The market is expected to grow in the forecast period due to the increased demand for high-quality specimen collection, customization, and expanded product offerings.
Rising Incidence of Cancer to Boost Market Growth
The increasing number of cancer cases is fuelling the demand for biopsy instruments, as accurate detection is crucial for effective therapy. The American Cancer Society reported 20 million cancer cases in 2022, with an expected increase to 35 million by 2050. The rise in cancer cases highlights the importance of precise diagnostic tools, such as biopsy equipment, for advanced treatment methods and market growth.
The market is witnessing several trends and developments to improve the current scenario. Some of the notable trends are as follows:
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Product:
Market Breakup by Guidance Technique:
Market Breakup by Application:
Market Breakup by End User:
Market Breakup by Region:
Market Segmentation Based on the Product to Witness Growth
The biopsy devices market is segmented by product type, including needle-based biopsy instruments, liquid biopsy instruments, biopsy tables, localization wires, procedure trays, and others. Needle-based biopsy instruments are expected to dominate the market due to their ability to access difficult anatomies with precision, providing high-quality tissue samples for accurate diagnoses. Technological advancements have made these needles more efficient and versatile, allowing healthcare professionals to perform biopsies in challenging areas. Their reliability, coupled with the continuous innovation in product design, further contributes to their widespread use.
Based on the region, the market report includes North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America dominates the global biopsy devices market due to a high burden of cancer and advancements in medical technology. FDA approval of advanced biopsy devices like Limaca Medical's Precision GI device in September 2023 is anticipated to further boost market growth in the region.
The key features of the market report include patent analysis, grant analysis, funding, and investment analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:
Becton, Dickinson and Company is a top American medical technology company that produces and sells medical equipment, such as the EnCor Enspire™ Breast Biopsy System, providing benefits for an efficient biopsy procedure.
Cook Group, Inc. is a global conglomerate that provides medical devices for different fields of medical practice. In May 2024, they released the EchoTip AcuCore™ EUS Biopsy Needle for taking biopsies of gastrointestinal lesions, with a focus on providing excellent customer service.
Hologic Inc., a prominent medical technology company specializing in women's health, offers the Brevera® breast biopsy system. This innovative system integrates tissue acquisition, real-time imaging, specimen separation, and streamlining breast biopsy procedures. It enhances efficiency and accuracy in patient care.
Argon Medical Devices, a leading provider in Interventional Radiology, Vascular Surgery, Cardiology, and Oncology, launched the SuperCore advantage™ biopsy instrument in May 2023. This next generation device offers superior tissue samples, improving diagnostic accuracy. Argon’s portfolio includes BioPince Ultra®, reinforcing its reputation in soft tissue biopsy solutions.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other players in the market are Devicor Medical Products, Inc., B. Braun Medical Inc., Cardinal Health, Inc., Olympus Corporation., Boston Scientific Corporation, Medtronic plc, and FUJIFILM Holdings Corporation.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Guidance Technique |
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| Breakup by Application |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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