Biopsy Devices Market is Expected to Gain Popularity Across the Globe by 2026
A
biopsy is a sample of tissue taken from the body for in-depth
analysis of the sample to reach an effective diagnosis of a
condition, wherein conventional diagnostic methods such as x-rays and
body scans do not provide any conclusive evidence. Biopsies are
usually carried out to detect cancer, though their application is not
restricted to it. This procedure is mostly performed by
interventional radiologists, cardiologist and surgeons. Biopsy might
be recommended in one of the following condition, among others:
A
mammogram shows a lump or mass, indicating the possibility of breast
cancer
A
mole on the skin has changed shape recently and melanoma is possible
A
person suffers from chronic hepatitis and possibility of cirrhosis
needs to be ruled out
Types
of biopsies:
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There
are different kind of biopsies performed for different conditions and
usually sharp tools are required to remove small amount of tissues.
Listed below are some of the common types of biopsies:
Needle
biopsy, CT-guided biopsy, Bone biopsy, Bone marrow biopsy,
Ultrasound-guided biopsy, Liver biopsy, Kidney biopsy, Aspiration
biopsy, Skin biopsy, Surgical biopsy
In
biopsy, a sample of tissue is removed by a device and then sent to
pathologist where thin slices are prepared and mounted on slides. The
sample is then dyed and examined under a microscope to check for any
abnormalities.
Global
Biopsy Devices Market Outlook: Burgeoning growth in incidence
rate of cancer fueling demand for preventive tests
High
incidence of cancer is one of the main factor responsible for growth
of the biopsy devices market. As per statistics released by the World
Health Organization (WHO), around 14 million new cases of cancer were
reported worldwide in 2012, with incidence rate expected to surge by
exponentially by 70% over the following two decades. Furthermore,
growing geriatric population characterized by a weak immune system,
across the globe and increasing consumer health awareness leading to
increasing preventive screening are other factors inadvertently
fueling growth of the biopsy device market. Apart from this,
stringent regulations posed on the companies in terms of labelling,
designing and performance issues, as well as high cost of the devices
are the major restrain factors which are hampering market growth. One
of the main example of this is regular inspection by the regulatory
authorities, in which evaluation of the equipment, records inspection
and licensure are checked.
Global
biopsy device market is projected to witness steady growth in the
foreseeable future, with North America, followed by Europe being the
largest revenue contributors collectively accounting for around 70%
of the overall market. However, rampant increase in government
spending on strengthening the healthcare infrastructure in emerging
economies such as India and China, in turn is expected to position
Asia Pacific as the fastest growing market for biopsy devices through
2024.
Market
segmentation:
On
the basis of product type, the global biopsy device market is
divided as follows:
Needle
based biopsy devices (disposable and reusable)
Vacuum-assisted
Biopsy (VAB) Devices
Fine
Needle Aspiration Biopsy (FNAB) Devices
Core
Needle Biopsy (CNB) devices
Biopsy
curettes
Owing
to their ease of use and wide availability, needle based biopsy
devices account for the largest market share and are expected to
retain their dominance in the market through 2024.
On
the basis of technology, the biopsy devices market is segmented
as follows:
Ultrasound-guided
Mammography-guided
Magnetic
resonance
On
the basis of end user, the biopsy devices market is segmented as
follows:
Hospitals
Ambulatory
surgical centers
Others
Vacuum
assisted biopsy procedure is one of the most important diagnostic
methods for the diagnosis of breast cancer
On
the basis of Anatomy, the biopsy devices market is segmented as
follows:
Breast
Gastrointestinal
(GI)
Prostate
Others
(thyroid, pancreas, and gall bladder)
Key
Players in the Global Biopsy Devices Market:
Boston
Scientific Carefusion
Cook
Medical
C R
Bard
Devicor
Medical Products
Hologic
Intact
Medical Corporation
Click To Read More On Biopsy
Devices Market
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Coherent Market Insights:
Coherent
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offering action-ready syndicated research reports, custom market
analysis, consulting services, and competitive analysis through
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technologies, and potential absolute dollar opportunity.
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