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Press Release:

Global Biopsy Devices Market to Grow at a CAGR of 6.69% During 2022-2027, Fostered by Rising Prevalence of Cancer

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Biopsy Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global biopsy devices market size reached US$ 2.33 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.43 Billion by 2027, exhibiting a CAGR of 6.69% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Biopsy devices refer to various equipment that are used for surgical extraction of tissues from an organ. They are utilized by surgeons, radiologists, cardiologists and other medical practitioners to diagnose the presence or extent of diseases that are cancerous or inflammatory in nature. Equipment such as aspiration needles, forceps and localization wires are some of the commonly used biopsy devices. These devices are used in MRI-guided, needle-based, core and vacuum-assisted biopsies of body parts, including the liver, lungs, kidneys and breasts. They find extensive applications across numerous healthcare institutions, such as medical clinics, diagnostic centres and hospitals.

The rising instances of chronic medical ailments, especially breast cancer, is one of the key factors driving the growth of the market. Furthermore, rising consumer awareness regarding the availability of diagnostic and screening procedures for chronic diseases is boosting the demand for integrated technologies such as stereotactic-guided biopsies. There is also a growing preference for minimally invasive (MI) biopsy procedures among patients across the globe. For instance, the MI breast biopsy technique (MIBT) eliminates the need for surgery for cancer diagnosis while preserving healthy tissues from damage caused by radiation. Additionally, various technological advancements, including the development of vacuum-assisted guns and smart biopsy systems that aid in distinguishing healthy cells from tumorous ones, are also favoring the market growth. Other factors, including the rapidly growing geriatric population, increasing healthcare expenditure and extensive research and development (R&D) activities, are projected to drive the market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global biopsy devices market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on procedure type, product, application, guidance technique and end-user.

Breakup by Procedure Type:

  • Surgical Biopsy
  • Needle Biopsy
     

Breakup by Product:

  • Biopsy Guidance Systems
  • Needle Based Biopsy Guns
  • Biopsy Needles
  • Biopsy Forceps
  • Others
     

Breakup by Application:

  • Breast Biopsy
  • Lung Biopsy
  • Colorectal Biopsy
  • Prostate Biopsy
  • Others
     

Breakup by Guidance Technique:

  • Ultrasound Guided Biopsy
  • Stereotactic Guided Biopsy
  • MRI Guided Biopsy
  • Others
     

Breakup by End-User:

  • Hospitals and Clinics
  • Academic and Research Institutes
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Argon Medical Devices Inc., B. Braun Melsungen, Becton, Dickinson and Company, Boston Scientific Corporation, Cardinal Health Inc., Cook Group Incorporated, Danaher Corporation, Hologic Inc., Medtronic Inc., etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Procedure Type, Product, Application, Guidance Technique, End-User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Argon Medical Devices Inc., B. Braun Melsungen, Becton, Dickinson and Company, Boston Scientific Corporation, Cardinal Health Inc., Cook Group Incorporated, Danaher Corporation, Hologic Inc. and Medtronic Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global biopsy devices market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global biopsy devices market?
  • What is the breakup of the market based on the procedural type?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the guidance technique?
  • What is the breakup of the market based on the end-user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global biopsy devices market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Biopsy Devices Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID 19
    5.4    Market Forecast
6    Market Breakup by Procedure Type
    6.1    Surgical Biopsy
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Needle Biopsy
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Product
    7.1    Biopsy Guidance Systems
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Needle Based Biopsy Guns
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Biopsy Needles
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Biopsy Forceps
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Application
    8.1    Breast Biopsy
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Lung Biopsy
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Colorectal Biopsy
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Prostate Biopsy
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Guidance Technique
    9.1    Ultrasound-guided Biopsy
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Stereotactic-guided Biopsy
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    MRI-guided Biopsy
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Others
        9.4.1 Market Trends
        9.4.2 Market Forecast
10    Market Breakup by End-User
    10.1    Hospitals and Clinics
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Academic and Research Institutes
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Others
        10.3.1 Market Trends
        10.3.2 Market Forecast
11    Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Asia Pacific
        11.2.1 China
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 Japan
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 India
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 South Korea
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Australia
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Indonesia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Europe
        11.3.1 Germany
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 France
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 United Kingdom
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 Italy
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Spain
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Russia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Others
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Market Trends
        11.5.2 Market Breakup by Country
        11.5.3 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Indicators
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    Argon Medical Devices Inc.
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio 
        16.3.2    B. Braun Melsungen
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio 
           16.3.2.3 Financials
           16.3.2.4 SWOT Analysis
        16.3.3    Becton, Dickinson and Company
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio 
           16.3.3.3 Financials
           16.3.3.4 SWOT Analysis
        16.3.4    Boston Scientific Corporation
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio 
           16.3.4.3 Financials
           16.3.4.4 SWOT Analysis
        16.3.5    Cardinal Health Inc.
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio 
           16.3.5.3 Financials
           16.3.5.4 SWOT Analysis
        16.3.6    Cook Group Incorporated
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio 
        16.3.7    Danaher Corporation
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio 
           16.3.7.3 Financials
           16.3.7.4 SWOT Analysis
        16.3.8    Hologic, Inc.
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio 
           16.3.8.3 Financials
           16.3.8.4 SWOT Analysis
        16.3.9    Medtronic, Inc.
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio 
           16.3.9.3 SWOT Analysis

List of Figures

Figure 1: Global: Biopsy Devices Market: Major Drivers and Challenges
Figure 2: Global: Biopsy Devices Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Biopsy Devices Market: Breakup by Procedure Type (in %), 2021
Figure 4: Global: Biopsy Devices Market: Breakup by Product (in %), 2021
Figure 5: Global: Biopsy Devices Market: Breakup by Application (in %), 2021
Figure 6: Global: Biopsy Devices Market: Breakup by Guidance Technique (in %), 2021
Figure 7: Global: Biopsy Devices Market: Breakup by End-User (in %), 2021
Figure 8: Global: Biopsy Devices Market: Breakup by Region (in %), 2021
Figure 9: Global: Biopsy Devices Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 10: Global: Biopsy Devices (Surgical Biopsy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Biopsy Devices (Surgical Biopsy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Biopsy Devices (Needle Biopsy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Biopsy Devices (Needle Biopsy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Biopsy Devices (Biopsy Guidance Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Biopsy Devices (Biopsy Guidance Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Biopsy Devices (Needle Based Biopsy Guns) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Biopsy Devices (Needle Based Biopsy Guns) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Biopsy Devices (Biopsy Needles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Biopsy Devices (Biopsy Needles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Biopsy Devices (Biopsy Forceps) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Biopsy Devices (Biopsy Forceps) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Biopsy Devices (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Biopsy Devices (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Biopsy Devices (Breast Biopsy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Biopsy Devices (Breast Biopsy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Biopsy Devices (Lung Biopsy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Biopsy Devices (Lung Biopsy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Biopsy Devices (Colorectal Biopsy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Biopsy Devices (Colorectal Biopsy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Biopsy Devices (Prostate Biopsy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Biopsy Devices (Prostate Biopsy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Biopsy Devices (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Biopsy Devices (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Biopsy Devices (Ultrasound-guided Biopsy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Biopsy Devices (Ultrasound-guided Biopsy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Biopsy Devices (Stereotactic-guided Biopsy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Biopsy Devices (Stereotactic-guided Biopsy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Biopsy Devices (MRI-guided Biopsy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Biopsy Devices (MRI-guided Biopsy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Biopsy Devices (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Biopsy Devices (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Biopsy Devices (Hospitals and Clinics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Biopsy Devices (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Global: Biopsy Devices (Academic and Research Institutes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Global: Biopsy Devices (Academic and Research Institutes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Global: Biopsy Devices (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Global: Biopsy Devices (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: North America: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: North America: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: United States: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: United States: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Canada: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Canada: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Asia Pacific: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Asia Pacific: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: China: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: China: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Japan: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Japan: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: India: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: India: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: South Korea: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: South Korea: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Australia: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Australia: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Indonesia: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Indonesia: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Europe: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Europe: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Germany: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Germany: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: France: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: France: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: United Kingdom: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: United Kingdom: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Italy: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Italy: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Spain: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Spain: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Russia: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Russia: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Others: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Others: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Latin America: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Latin America: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Brazil: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Brazil: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Mexico: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 91: Mexico: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 92: Others: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 93: Others: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 94: Middle East and Africa: Biopsy Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 95: Middle East and Africa: Biopsy Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 96: Global: Biopsy Devices Industry: SWOT Analysis
Figure 97: Global: Biopsy Devices Industry: Value Chain Analysis
Figure 98: Global: Biopsy Devices Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Biopsy Devices Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Biopsy Devices Market Forecast: Breakup by Procedure Type (in Million US$), 2022-2027
Table 3: Global: Biopsy Devices Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 4: Global: Biopsy Devices Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Biopsy Devices Market Forecast: Breakup by Guidance Technique (in Million US$), 2022-2027
Table 6: Global: Biopsy Devices Market Forecast: Breakup by End-User (in Million US$), 2022-2027
Table 7: Global: Biopsy Devices Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Biopsy Devices Market: Competitive Structure
Table 9: Global: Biopsy Devices Market: Key Players

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