Enjoy complimentary customisation on priority with our Enterprise License!
The breast biopsy devices market size is valued to increase by USD 778.7 million, at a CAGR of 10.87% from 2023 to 2028. Growing prevalence of breast cancer cases will drive the breast biopsy devices market.
Get Key Insights on Market Forecast (PDF) Request Free Sample
In the realm of breast health diagnostics, the market showcases advancements that significantly enhance clinical trial outcomes. Image-guided biopsy techniques, such as MRI-guided and stereotactic, offer improved lesion detection sensitivity, reducing the need for repeat procedures by up to 30%. Real-time feedback systems ensure precise tissue retrieval efficiency, minimizing procedure duration times and enhancing patient comfort. Automated biopsy systems employing computer-aided detection and needle biopsy systems with smaller gauge sizes have demonstrated a 20% increase in diagnostic accuracy metrics. Biopsy specimen handling and pathology reporting workflows have been streamlined, ensuring timely and accurate malignant cell identification. Tissue preservation methods and patient comfort measures continue to evolve, aligning with regulatory compliance and patient expectations. Biopsy instrumentation materials, including vacuum-assisted and core needle systems, offer minimally invasive procedures with reduced radiation exposure levels. Ultrasound-guided biopsy and fine needle aspiration techniques remain essential for specific indications. Quality control measures and surgical biopsy techniques further contribute to the overall effectiveness of breast biopsy devices in the healthcare industry.
The increasing prevalence of breast cancer represents a significant market driver, given the growing number of diagnosed cases worldwide.
The adoption of breast biopsy robot systems is becoming the prevailing market trend. This shift in paradigm is mandatory in the healthcare industry.
The escalating cost of breast biopsies poses a significant challenge to the growth of the industry. This expense, a substantial consideration for both healthcare providers and patients, necessitates ongoing efforts to improve the affordability and efficiency of diagnostic procedures.
The breast biopsy devices industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The biopsy needles and systems segment is estimated to witness significant growth during the forecast period.
The market encompasses a range of advanced tools and technologies employed for the diagnosis of breast lesions. Image-guided biopsy techniques, such as MRI-guided and ultrasound-guided procedures, enhance lesion detection sensitivity and reduce procedure duration times. Real-time feedback systems and automated biopsy systems ensure tissue retrieval efficiency and diagnostic accuracy. Tissue preservation methods, like vacuum-assisted biopsy and core needle biopsy, facilitate malignant cell identification and minimize radiation exposure levels. Computer-aided detection and digital breast tomosynthesis improve image resolution quality and diagnostic accuracy metrics. Pre-procedural patient preparation and post-procedural patient care are crucial aspects of breast biopsy procedures, ensuring patient comfort measures and quality control.
The Biopsy needles and systems segment was valued at USD 402.40 million in 2018 and showed a gradual increase during the forecast period.
The market continues to evolve with the development of minimally invasive biopsy techniques, needle gauge sizes, and needle biopsy systems, aiming to improve biopsy instrumentation materials, lesion biopsy size, and pathology reporting workflow. Surgical biopsy techniques, including stereotactic biopsy and mammotome biopsy system, remain essential for breast lesion localization and biopsy specimen handling. Despite advancements, complications such as bleeding, infection, and pain remain concerns, necessitating ongoing research and innovation in the field.
North America is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
See How Breast Biopsy Devices Market Demand is Rising in North America Request Free Sample
The market in North America is experiencing steady expansion, driven by the region's high adoption of advanced technologies and substantial investment in healthcare. With a rising prevalence of breast cancer and increasing patient awareness, the market's growth is fueled by the healthcare sector's technological advancements and escalating expenditure. Furthermore, the presence of numerous companies manufacturing breast biopsy devices and the continuous technological innovations in biopsy techniques are significantly contributing to market expansion.
According to industry reports, the number of breast biopsies performed in the US alone increased by 20% between 2015 and 2020. This growth signifies the market's potential for operational efficiency gains and cost reductions, ultimately enhancing patient care and compliance with early cancer detection.
Customer Landscape of Breast Biopsy Devices Industry
Companies are implementing various strategies, such as strategic alliances, breast biopsy devices market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Advin Health Care - The company specializes in the development and provision of advanced breast biopsy devices, including CAN Biopsy Needles, catering to the diagnostic medical community.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Breast Biopsy Devices Market insights. See full methodology.
|
Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
201 |
|
Base year |
2023 |
|
Historic period |
2018-2022 |
|
Forecast period |
2024-2028 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 10.87% |
|
Market growth 2024-2028 |
USD 778.7 million |
|
Market structure |
Fragmented |
|
YoY growth 2023-2024(%) |
9.53 |
|
Key countries |
US, Germany, France, China, and Canada |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
"Leverage Technavio's unparalleled research methodology and expert analysis for accurate, actionable market intelligence."
The market encompasses a range of technologies used to diagnose breast lesions, including needle biopsy devices, image-guided biopsy procedures, and minimally invasive techniques. In designing needle biopsy devices, manufacturers must consider factors such as tissue sampling efficiency and patient comfort. Image-guided biopsy procedures, utilizing ultrasound or stereotactic guidance, offer improved accuracy and reduced complications compared to traditional palpation-guided methods. However, image-guided procedures may have longer procedure durations and higher radiation exposure in the case of stereotactic biopsy. Core needle biopsy, a common minimally invasive technique, boasts high diagnostic accuracy, surpassing that of fine needle aspiration by approximately 10-20%. Vacuum-assisted biopsy devices enhance tissue retrieval efficiency, enabling more comprehensive sampling. Breast lesion localization using digital mammography and computer-aided detection further streamline the diagnostic process. In the realm of breast biopsy device supply chain and operational planning, quality control measures are essential. Regulatory compliance standards, such as FDA regulations, ensure the safety and efficacy of breast biopsy devices. Patient comfort measures, such as local anesthesia and breast compression techniques, contribute to improved patient satisfaction. Post-procedural patient care protocols include proper specimen handling and tissue preservation methods, such as formalin fixation or fresh frozen tissue storage. Pathology reporting workflow improvements, including digital reporting and real-time access to patient records, facilitate timely and accurate diagnosis. Clinical trial outcomes assessment for new breast biopsy devices plays a crucial role in market growth. For instance, a new vacuum-assisted device demonstrated a 25% increase in diagnostic yield compared to conventional core needle biopsy. Materials compatibility issues must be addressed to ensure optimal device performance and patient safety. Image resolution quality impacts lesion detection, making high-resolution imaging a priority in breast biopsy devices.
What is the expected growth of the Breast Biopsy Devices Market between 2024 and 2028?
USD 778.7 million, at a CAGR of 10.87%
What segmentation does the market report cover?
The report is segmented by Product (Biopsy needles and systems, Biopsy image-guided systems, and Others), End-user (Hospitals, ASCs, Breast cancer specialty centers and clinics, and Others), Modality (Stereotactic x-ray guided breast biopsy, Ultrasound-guided breast biopsy, and MRI-guided breast biopsy), and Geography (North America, Europe, Asia, and Rest of World (ROW))
Which regions are analyzed in the report?
North America, Europe, Asia, and Rest of World (ROW)
What are the key growth drivers and market challenges?
Growing prevalence of breast cancer cases, High cost of breast biopsy
Who are the major players in the Breast Biopsy Devices Market?
Advin Health Care, Allengers Medical Systems Ltd., Argon Medical Devices Inc., Becton Dickinson and Co., BIOPSYBELL Srl, Carestream Health Inc., Cook Group Inc., Danaher Corp., FUJIFILM Corp., General Electric Co., Hologic Inc., IZI Medical Products, Merit Medical Systems Inc., Metaltronica Spa, Planmed Oy, Scion Medical Technologies LLC, Siemens Healthineers AG, Suretech Medical Inc., Vector Medical, and Zamar Care
We can help! Our analysts can customize this breast biopsy devices market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Market Segmentation by Modality
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.