Biopsy Devices 2018-2026 Market Positioning, Revenue, Growth Factors and Forecast Till 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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