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Biopsy Devices Market Analysis

  • Report ID: GMI731
  • Published Date: Dec 2022
  • Report Format: PDF

Biopsy Devices Market Analysis

Biopsy devices market value from the biopsy forceps is set to surpass USD 170 million by 2032, on account of the surge in cases of skin disorders including eczema. Furthermore, there has been an increase in the number of biopsy procedures among patients with skin disorders. These factors, alongside the introduction of superior products for convenient and rapid sample collection, will stimulate the use of equipment such as biopsy forceps.
 

Biopsy Devices Market, by End-user

Biopsy devices market from ambulatory surgery center is expected to exhibit a CAGR of over 7.5% between 2023 and 2032 due to the affordability and range of healthcare services provided through ASCs. According to data from the Centers for Medicare & Medicaid Services, the number of these surgical centers is increasing by an average of 1.7% annually, while procedures and services have grown at a rate of 2.7% in recent years. As a result, more patients are likely to choose biopsy procedures in ambulatory surgical centers, which will increase the demand for biopsy devices.
 

Biopsy Devices Market, by Region

North America region accounted for more than 52% of the global biopsy devices market in 2022, primarily due to its well-established healthcare infrastructure. Additionally, the increasing prevalence of infectious diseases has resulted in the widespread acceptance of point-of-care diagnostic devices for early and safe disease detection. The region's advanced insurance and co-payment systems have also contributed to its dominance in the market. Furthermore, the presence of major industry players in the region is expected to drive the development and proliferation of biopsy equipment in North America.
 

Middle East and Africa biopsy devices market value is projected to surpass USD 110 million by 2032, driven by the introduction of government initiatives to support cancer patients. Additionally, several manufacturers and non-government organizations have adopted advanced technology to support healthcare service providers, thereby boosting the development of biopsy devices in the region.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for biopsy devices exceeded USD 2 billion in 2022 and is anticipated to depict over 6% CAGR through 2023-2032, as a result of the increasing prevalence of breast cancer.

The biopsy devices industry share from the ambulatory surgery center end-user segment is set to depict over 7.5% CAGR through 2023-2032, given the affordability and the delivery of a range of healthcare services.

Middle East and Africa biopsy devices market value is anticipated to cross USD 110 million by 2032, considering the introduction of government initiatives to support cancer patients.

Medtronic plc, Olympus Corporation, Boston Scientific Corporation, Cardinal Health, Hologic Inc., Inc, Devicor Medical Products, Inc. (Danaher Corporation), and Stryker Corporation are some of the key players operating in the global market.

Market size for hydraulic lifting mobile light tower exceeded USD 2.1 billion in 2022 and will grow record over 7% CAGR from 2023-2032 due to the rising number of global construction and infrastructure development projects

Hydraulic lifting mobile light tower market from LED lighting solutions exceeded USD 1.2 billion in revenue in 2022 and is expected to record over 8% CAGR from 2023-2032 owing to diverse application scope in construction sites, outdoor events, and emergency response scenarios.

Demand for diesel-powered hydraulic mobile light towers is anticipated to exhibit over 5.5% CAGR from 2023-2032 driven by higher adoption in construction, mining, and remote infrastructure projects to offer remarkable reliability and versatility.

North America hydraulic lifting mobile light tower industry size is expected to gain immense traction through 2032 due to the robust construction and infrastructure development activities

Biopsy Devices Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 236
  • Countries covered: 15
  • Pages: 189
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