Global Biopsy Devices Market Report and Forecast 2024-2032

Biopsy Devices Market Overview

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.

Biopsy Devices Market Growth Drivers

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.

Biopsy Devices Market Trends

Biopsy Devices Market Segmentation

Biopsy Devices Market Share

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.

Biopsy Devices Market Analysis by Region

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.

Leading Players in the Biopsy Devices Market

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

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 Incorporated

Cook Group, Inc. is a global conglomerate that provides medical devices for different fields of medical practi...

Hologic Inc.

Hologic Inc., a prominent medical technology company specializing in women's health, offers the Brevera® brea...

Argon Medical Devices, Inc.

Argon Medical Devices, a leading provider in Interventional Radiology, Vascular Surgery, Cardiology, and Oncol...

*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.

Key Questions Answered in the Biopsy Devices Market Report

• What was the biopsy devices market value in 2023?
• What is the biopsy devices market forecast outlook for 2024-2032?
• What are the regional markets covered in the EMR report?
• What is the market segmentation based on the product?
• What is the market segmentation based on the guidance technique?
• What is the market breakup based on the application?
• What is the market breakup based on the end user?
• What are the major factors aiding the biopsy devices market demand?
• How has the market performed so far and how is it anticipated to perform in the coming years?
• What are the major drivers, opportunities, and restraints in the market?
• What are the major trends influencing the market?
• Which regional market is expected to dominate the market share in the forecast period?
• Which country is likely to experience elevated growth during the forecast period?
• Who are the key players involved in the biopsy devices market?
• What are the current unmet needs and challenges in the market?
• How are partnerships, collaborations, mergers, and acquisitions among the key market players shaping the market dynamics?