Industries - Biopsy Devices Market Analysis by Product (Biopsy Forceps, Biopsy Needles, Needle-based Biopsy Guns, Biopsy Guidance Systems) and by Region – Forecast to 2025

Ablation Technology Market Analysis

Biopsy Devices Market Analysis by Product (Biopsy Forceps, Biopsy Needles, Needle-based Biopsy Guns, Biopsy Guidance Systems) and by Region – Forecast to 2025
October 2020

SKU: N/A Category:
Clear
  • Description
  • Additional information
  • Enquire about

Description

Biopsy Devices Market Analysis by Product (Biopsy Forceps, Biopsy Needles, Needle-based Biopsy Guns, Biopsy Guidance Systems) and by Region - Forecast to 2025

Published: October 2020 | Historical Data: 2017-2019 | Base Year: 2019
SKU: ICI-HC-1041 | Number of Pages: 125 | Category: Medical Devices

The global biopsy devices market size is estimated to be USD 2,043.5 million in 2019 and is expected to witness a CAGR of 7.9% during the forecast period. Increasing incidence and prevalence of various cancer types is the major factor that boosts global market growth. Also, rising investment in R&D, new product approvals, and a growing number of diagnostic procedures to detect the stages of cancer are some of the other factors that fuels the market growth during the forecast period. However, high price for the biopsy devices and stringent government regulations for the manufacturing of diagnostic products are major factors that hinder the market growth.

Biopsy Devices Market

By Product

Based on the product, the market is segmented into needle-based biopsy guns, biopsy guidance systems, biopsy needles, biopsy forceps, and others. In 2019, the needle-based biopsy guns segment accounted for the largest revenue share due to its rising demand for tissue collection from organs like lungs and breasts and availability of technologically advanced needle-based biopsy instruments such as aspiration biopsy syringe gun by INRAD Inc. The rise in R&D of medical devices market has led to the introduction of robotic systems which have increased the volume of surgical procedures. Medical professionals are preferring the needle-based biopsy instruments to ensure minimal contamination as these are also disposable in nature. The rising need for the vacuum-assisted devices is another factor propelling the growth of the segment owing to the advantages such as least discomfort for patients, minimally invasive procedure, and high precision.

Regional Insights

In 2019, North America accounted for the highest revenue share in the global market and is expected to maintain its dominance during the forecast period. This is attributed to the presence of prominent companies in this region. The demand for the technologically advanced systems like the vacuum assisted biopsy devices are rising along with the disposable device. The surge in healthcare initiatives by government bodies including cancer screening tests is also propelling the market growth. Asia Pacific is projected to exhibit the fastest CAGR over the forecast period owing to the rising prevalence of cancer and high unmet medical needs in the region.

North America Biopsy Devices Market Size (2017-2025), USD Million

North America Biopsy Devices Market

Competitor Insights

Some of the key players in the biopsy devices market are C. R. Bard, Inc. (U.S.); Cook Group Incorporated (U.S.); Boston Scientific Corporation (U.S.); Leica Biosystems (Germany); Olympus Corporation (Japan); FUJIFILM Holdings Corporation (Japan); Becton, Dickinson and Company (U.S.); Argon Medical Devices (U.S.); INRAD, Inc. (U.S.); Cardinal Health, Inc. (U.S.); Devicor Medical Products, Inc. (US); B. Braun Melsungen AG (Germany); and Medtronic plc (Ireland). Leading players operating in the biopsy devices market are adopting various strategies including venture capital investments, mergers & acquisitions, development of new products, and regional expansions to capture a maximum revenue share.

 

This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2017 to 2025. The biopsy devices market report is categorized into the following segments and subsegments:

Biopsy Devices Market, By Product (Revenue, 2017 – 2025, USD Million)

  • Needle-based biopsy guns
    • Vacuum-assisted biopsy devices
    • Fine needle aspiration biopsy devices
    • Core needle biopsy devices
  • Biopsy guidance systems
    • Manual guidance system
    • Robotic guidance system
  • Biopsy Needles
    • Disposable biopsy needles
    • Reusable biopsy needles
  • Biopsy Forceps
    • Cold/General biopsy forceps
    • Hot biopsy forceps
  • Other Biopsy Devices
    • Brushes
    • Curettes
    • Punches

Biopsy Devices Market, By Region (Revenue, 2017 – 2025, USD Million)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Australia
    • South Korea
    • India
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Scope of Biopsy devices Market Report:

Key Parameters Details
Data Availability 2017-2025
Historical Years 2017-2019
Base Year Considered 2019
Forecast Period 2019-2025
Company Profiles 13
Companies Considered (Across Value Chain) >55
Value Units Value in USD and CAGR in %
Market Segments Product
Regional Coverage North America (U.S. and Canada), Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe), Asia Pacific (China, Japan, Australia, India, South Korea, Rest of Asia Pacific), Latin America (Brazil, Mexico, Argentina, the Rest of LATAM), and the Middle East & Africa (South Africa, Saudi Arabia, Rest of MEA)
Key Market Players C. R. Bard, Inc. (U.S.); Cook Group Incorporated (U.S.); Boston Scientific Corporation (U.S.); Leica Biosystems (Germany); Olympus Corporation (Japan); FUJIFILM Holdings Corporation (Japan); Becton, Dickinson and Company (U.S.); Argon Medical Devices (U.S.); INRAD, Inc. (U.S.); Cardinal Health, Inc. (U.S.); Devicor Medical Products, Inc. (US); B. Braun Melsungen AG (Germany); and Medtronic plc (Ireland)
Custom Analysis Customization up to 60 analyst hours

Biopsy Devices Market, By Product (Revenue, 2017 – 2025, USD Million)

  • Needle-based biopsy guns
    • Vacuum-assisted biopsy devices
    • Fine needle aspiration biopsy devices
    • Core needle biopsy devices
  • Biopsy guidance systems
    • Manual guidance system
    • Robotic guidance system
  • Biopsy Needles
    • Disposable biopsy needles
    • Reusable biopsy needles
  • Biopsy Forceps
    • Cold/General biopsy forceps
    • Hot biopsy forceps
  • Other Biopsy Devices
    • Brushes
    • Curettes
    • Punches

Biopsy Devices Market, By Region (Revenue, 2017 – 2025, USD Million)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Australia
    • South Korea
    • India
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA
1. Research Methodology
 1.1. Research Objective
 1.2. Study Scope: Market Segments
 1.3. Study Timeframe, Limitations & Currency
 1.4. Domain-Assisted Cognition (DAC) Framework
  1.4.1. Three-stage Research Methodology
   1.4.1.1. Understand Ecosystem
    1.4.1.1.1. Secondary Research
    1.4.1.1.2. Primary Research
    1.4.1.1.3. Internal Repository
   1.4.1.2. Synthesize Information
    1.4.1.2.1. Data Analysis
    1.4.1.2.2. Data Triangulation
   1.4.1.3. Predict/Project Growth
    1.4.1.3.1. Market Size Estimation
     1.4.1.3.1.1. Bottom-up Approach
     1.4.1.3.1.2. Top-down Approach
    1.4.1.3.2. Data Validation
  1.4.2. Two-stage Quality Check Mechanism
   1.4.2.1. Inspection & Reporting
   1.4.2.2. Quality Audit
2. Market Summary
 2.1. Market Definition & Market Landscape
 2.2. Market Segment Snapshot
 2.3. Geographic Market Snapshot
3. Market Dynamics
 3.1. Market Driver Analysis
  3.1.1. Increasing incidences and prevalence of cancer patients
  3.1.2. Rising need for cost-effective nominal invasive surgeries
  3.1.3. Increasing public-private funding for target research activities
  3.1.4. Growing medical insurance sector
 3.2. Market Restraint Analysis
  3.2.1. Post-biopsy infection risk
  3.2.2. Frequent product recalls
 3.3. Market Opportunities
  3.3.1. Growing healthcare sector in emerging economies
  3.3.2. Technological advancement in innovative biopsy devices
4. Industry Outlook
 4.1. Key Market Trends
 4.2. Value Chain Analysis
 4.3. Porter’s 5 Forces Analysis
 4.4. Pricing Analysis (2017-2019)
 4.5. Product Benchmarking
5. Covid-19 Impact and Deviation Analysis
 5.1. Covid-19 Prevalence Analysis
 5.2. Key Market Trends
 5.3. Market Size Deviation Analysis (2020-2025)
6. Biopsy Devices Market Size and Forecast, by Product (2017-2025), USD Million
 6.1. Needle-based biopsy guns
  6.1.1. Vacuum-assisted biopsy devices
  6.1.2. Fine needle aspiration biopsy devices
  6.1.3. Core needle biopsy devices
 6.2. Biopsy guidance systems
  6.2.1. Manual guidance system
  6.2.2. Robotic guidance system
 6.3. Biopsy Needles
  6.3.1. Disposable biopsy needles
  6.3.2. Reusable biopsy needles
 6.4. Biopsy Forceps
  6.4.1. Cold/General biopsy forceps
  6.4.2. Hot biopsy forceps
 6.5. Other Biopsy Devices
  6.5.1. Brushes
  6.5.2. Curettes
  6.5.3. Punches
7. Biopsy Devices Market, Regional Analysis (2019-2025), USD Million
 7.1. North America
  7.1.1. Introduction
   7.1.1.1. Market Size & Forecast, by Product (2017-2025), USD Million
   7.1.1.2. Market Size & Forecast, by Country (2017-2025), USD Million
  7.1.2. U.S.
   7.1.2.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.1.3. Canada
   7.1.3.1. Market Size & Forecast, by Product (2017-2025), USD Million
 7.2. Europe
  7.2.1. Introduction
   7.2.1.1. Market Size & Forecast, by Product (2017-2025), USD Million
   7.2.1.2. Market Size & Forecast, by Country (2017-2025), USD Million
  7.2.2. Germany
   7.2.2.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.2.3. UK
   7.2.3.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.2.4. France
   7.2.4.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.2.5. Spain
   7.2.5.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.2.6. Italy
   7.2.6.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.2.7. Russia
   7.2.7.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.2.8. Rest of Europe
   7.2.8.1. Market Size & Forecast, by Product (2017-2025), USD Million
 7.3. Asia Pacific (APAC)
  7.3.1. Introduction
   7.3.1.1. Market Size & Forecast, by Product (2017-2025), USD Million
   7.3.1.2. Market Size & Forecast, by Country (2017-2025), USD Million
  7.3.2. China
   7.3.2.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.3.3. Japan
   7.3.3.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.3.4. India
   7.3.4.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.3.5. Australia
   7.3.5.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.3.6. South Korea
   7.3.6.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.3.7. Rest of Asia Pacific
   7.3.7.1. Market Size & Forecast, by Product (2017-2025), USD Million
 7.4. Latin America (LATAM)
  7.4.1. Introduction
   7.4.1.1. Market Size & Forecast, by Product (2017-2025), USD Million
   7.4.1.2. Market Size & Forecast, by Country (2017-2025), USD Million
  7.4.2. Brazil
   7.4.2.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.4.3. Mexico
   7.4.3.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.4.4. Argentina
   7.4.4.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.4.5. Rest of LATAM
   7.4.5.1. Market Size & Forecast, by Product (2017-2025), USD Million
 7.5. Middle East & Africa (MEA)
  7.5.1. Introduction
   7.5.1.1. Market Size & Forecast, by Product (2017-2025), USD Million
   7.5.1.2. Market Size & Forecast, by Country (2017-2025), USD Million
  7.5.2. South Africa
   7.5.2.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.5.3. Saudi Arabia
   7.5.3.1. Market Size & Forecast, by Product (2017-2025), USD Million
  7.5.4. Rest of MEA
   7.5.4.1. Market Size & Forecast, by Product (2017-2025), USD Million
8. Competitor Analysis
 8.1. Market Player Comparison
 8.2. Product-wise Player Mapping
 8.3. Region-wise Player Mapping
 8.4. Market Share Analysis
 8.5. Market Position Analysis
 8.6. Recent Development Analysis
9. Company Profiles
 9.1. C. R. Bard, Inc. (U.S.)
  9.1.1. Company Overview
  9.1.2. Company Financials
  9.1.3. Product Portfolio
  9.1.4. Recent Developments
 9.2. Cook Group Incorporated (U.S.)
  9.2.1. Company Overview
  9.2.2. Company Financials
  9.2.3. Product Portfolio
  9.2.4. Recent Developments
 9.3. Boston Scientific Corporation (U.S.)
  9.3.1. Company Overview
  9.3.2. Company Financials
  9.3.3. Product Portfolio
  9.3.4. Recent Developments
 9.4. Leica Biosystems (Germany)
  9.4.1. Company Overview
  9.4.2. Company Financials
  9.4.3. Product Portfolio
  9.4.4. Recent Developments
 9.5. Olympus Corporation (Japan)
  9.5.1. Company Overview
  9.5.2. Company Financials
  9.5.3. Product Portfolio
  9.5.4. Recent Developments
 9.6. FUJIFILM Holdings Corporation (Japan)
  9.6.1. Company Overview
  9.6.2. Company Financials
  9.6.3. Product Portfolio
  9.6.4. Recent Developments
 9.7. Becton, Dickinson and Company (U.S.)
  9.7.1. Company Overview
  9.7.2. Company Financials
  9.7.3. Product Portfolio
  9.7.4. Recent Developments
 9.8. Argon Medical Devices (U.S.)
  9.8.1. Company Overview
  9.8.2. Company Financials
  9.8.3. Product Portfolio
  9.8.4. Recent Developments
 9.9. INRAD, Inc. (U.S.)
  9.9.1. Company Overview
  9.9.2. Company Financials
  9.9.3. Product Portfolio
  9.9.4. Recent Developments
 9.10. Cardinal Health, Inc. (U.S.)
  9.10.1. Company Overview
  9.10.2. Company Financials
  9.10.3. Product Portfolio
  9.10.4. Recent Developments
(Note: Financials are captured for public listed companies)

Key questions addressed by the research report-

  1. What are the current market trends and future market forecast from 2019 to 2025 for biopsy devices market?
  2. What are the market dynamics and probable opportunities for market players during the forecast period?
  3. Initiatives undertaken my market players to address the COVID-19 impact to sustain in the competitive market
  4. Which geographies have immense opportunities in different segments of the biopsy devices market?
  5. What are the recent strategies adopted by market players such as product launch, partnership, agreement, collaboration, merger & acquisition, and geographical expansion?


    Have any question? Check your free sample before purchase or connect with our expert.

    Additional information

    Licensing Types

    , , ,

    Enquire about Biopsy Devices Market Analysis by Product (Biopsy Forceps, Biopsy Needles, Needle-based Biopsy Guns, Biopsy Guidance Systems) and by Region - Forecast to 2025