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Biopsy Devices Market Size

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

Biopsy Devices Market Size

Biopsy Devices Market size exceeded USD 2 billion in 2022 and is anticipated to depict over 6% CAGR through 2023-2032. Increasing prevalence of breast cancer along with strong awareness about innovative diagnostic equipment availability will boost the global industry growth.

The introduction of multiple educational campaigns has increased awareness about cancer and its diagnosis, while the risk of breast cancer has also risen over the years. According to the American Cancer Society's report, women in the United States have a 12% lifetime risk of developing breast cancer. These factors are expected to drive the demand for biopsy equipment and supplies, which are used to remove small pieces of breast tissue to detect cancer cells. The general population is also becoming more aware of the availability of innovative diagnostic equipment, which is likely to further boost the development of breast biopsy devices.

 

Despite the benefits of using biopsy devices, randomized trials have shown that there are potential complications associated with their use. For example, a trial conducted in Europe identified major issues related to prostate needle biopsy, including fever episodes, urinary tract infection, transitory bacteremia, urinary retention, and sepsis. In addition, excessive bleeding, drainage from biopsy sites, and swelling due to infections or sepsis have also been reported among users, which may limit the use of needle biopsy devices to some extent.

 

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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