(MENAFN- America News Hour) Kenneth Research recently added a report on 'Biopsy Devices Market' in its database of market research reports which provides its readers an in-depth analysis on the latest trends, growth opportunities and growth drivers that are associated with the growth of the market. The report additionally shares critical insights on the COVID-19 impacts on the Biopsy Devices Market, along with the compound growth rate (CAGR) of the market for a projected period between 2021 2025. The report also includes analysis of the market by utilizing different analytical tools, such as PESTEL analysis and Porter's five forces analysis. These tools also provide an in-depth analysis on the micro and macro-environmental factors that are associated with the growth of the market during the forecast period.
The Global Biopsy Devices Market was valued at USD 1.45 billion in 2016 and is projected to reach USD 2.43 billion by 2025, growing at a CAGR of 5.9% from 2017 to 2025.
The biopsy devices are mainly used in Diagnosis and detection of cancer in breast tissues. Other tissues are also diagnosed using these devices. With increasing prevalence of the chronic diseases the use of these devices has increased. Therefore, Hospitals and diagnostic centers invest in efficient technology and equipments like biopsy device to give out better results and compete with the market players.
Download Sample of This Strategic Report:
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing cases of Cancer
1.2 Growing demand for minimallyinvasive surgeries
1.3 Better status of reimbursement in U.S.
2. Market Restraints
2.1 Risk of infections
Market Segmentation:
1. Global Biopsy Devices Market , by Application:
1.1 Breast Biopsy
1.2 Lung Biopsy
1.3 Colorectal Biopsy
1.4 Prostate Biopsy
1.5 Other Applications
2. Global Biopsy Devices Market, by Product:
2.1 Needle Based Biopsy Instruments
2.2 Core Biopsy Devices
2.3 Aspiration Biopsy Needles
2.4 Vacuum-Assisted Biopsy Devices
2.5 Procedure Trays
2.6 Localization Wires
2.7 Other Products
3. Global Biopsy Devices Market, by End User:
3.1 Hospitals
3.2 Academic and Research centers
3.3 Diagnostic and Imaging Canters
4. Global Biopsy Devices Market, by Guidance Techniques:
4.1 Ultrasound-Guided Biopsy
4.2 Stereotactic-Guided Biopsy
4.3 MRI-Guided Biopsy
4.4 Other Guidance Techniques
5. Global Biopsy Devices Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. C. R. Bard, Inc.
2. Becton, Dickinson and Company
3. Cook Group Incorporated
4. Devicor Medical Products, Inc. (A Part of Leica Biosystems)
5. Argon Medical Devices, Inc.
6. B. Braun Melsungen AG
7. Cardinal Health, Inc.
8. Olympus Corporation
9. Boston Scientific Corporation
10. Fujifilm Holdings Corporation
11. Inrad, Inc.
12. Medtronic PLC
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Request For Full Report:
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Biopsy Devices Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products' demand, growth and opportunities for new and existing players.
Contact Us
Kenneth Research
Email:
Phone: +1 313 462 0609
Eli
Eli is a freelance writer and possess double graduation degree in physics and chemistry. She is an intense writer covering everything for Science and Tech to Business, Entertainment, Sports and Lifestyle.
MENAFN24032021004545010068ID1101801824
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.