Skip to main content
US Lumpectomy Market Analysis, Size, and Forecast 2025-2029

US Lumpectomy Market Analysis, Size, and Forecast 2025-2029

Published: May 2025 154 Pages SKU: IRTNTR73194

Market Overview at a Glance

$1.31 B
Market Opportunity
5.6%
CAGR
5.2
YoY growth 2024-2025(%)

US Lumpectomy Market Size 2025-2029 

The lumpectomy market size in US is forecast to increase by USD 1.31 billion at a CAGR of 5.6% between 2024 and 2029.

  • The Lumpectomy Market is experiencing significant growth, driven by the increasing incidence of new breast cancer cases and the rising investment by venture capitalists in innovative surgical technologies. However, the high cost of lumpectomy procedures remains a notable challenge for both patients and healthcare providers. Genetic testing is increasingly becoming a part of the diagnostic process. As the demand for minimally invasive and cost-effective surgical options continues to rise, market players are focusing on developing advanced technologies to address these concerns.

  • These trends and growth factors are shaping the future of the Lumpectomy Market, making it an intriguing space for investors and industry professionals alike. Explore our comprehensive market trends and analysis report to gain deeper insights into the market's dynamics and future growth prospects. Breast reconstruction and scar management are essential aspects of post-operative care.

What will be the Size of the market During the Forecast Period?

Lumpectomy Market in US Size

 Request Free Sample

  • In the dynamic lumpectomy market, precision medicine and early detection are driving innovation. Patient data management systems enable personalized treatment plans, integrating genetic counseling and liquid biopsy results. Surgical techniques, such as robotic surgery and image-guided surgery, offer minimally invasive options, reducing post-operative complications like scar minimization and skin necrosis. New technologies, including artificial intelligence and machine learning, facilitate accurate diagnosis and improve cosmetic outcomes. Breast cancer research continues to advance, with a focus on breast asymmetry and lymphatic drainage massage for optimal patient care.

  • Virtual care and lifestyle modifications are essential components of holistic treatment plans. Healthcare informatics streamlines workflows and enhances communication between healthcare providers. Breast cancer awareness campaigns promote timely intervention, ensuring the best possible outcomes for patients.

  • Novel treatments, including aromatase inhibitors, PD-1 inhibitors, and CTL-4 inhibitors, robotics are revolutionizing pain management and hormonal therapy. Stereotactic radiosurgery and intraoperative radiotherapy offer advanced radiotherapy techniques. Immunotherapy agents, targeted therapy, and hormone therapy are integral to personalized medicine. The role of molecular subtypes, tumor grade, and tumor stage in determining survival rate and disease-free survival is well-established. Support groups and clinical trials provide psychological support and facilitate the adoption of adjuvant therapy. Oncoplastic surgery, including skin sparing mastectomy and partial mastectomy, offers improved patient satisfaction.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

  • Product
    • Lumpectomy systems
    • Lumpectomy surgical tools
    • Consumables
  • End-user
    • ASCs
    • Hospitals
    • Research institutes and academic centers
  • Type
    • DCIS
    • Breast cancer stage 1 and stage 2
  • Geography
    • North America
      • US

By Product Insights

  • The lumpectomy systems segment is estimated to witness significant growth during the forecast period. In the dynamic landscape of breast cancer treatment, companies such as IceCure Medical Ltd. And Endomagnetics Ltd. are leading the way. These key players are dedicated to enhancing clinical outcomes by providing innovative solutions. For instance, ClearCut Medical's ClearSight Magnetic Resonance Imaging (MRI) Systems, an investigational device limited by US Federal law for investigational use only, assists in scanning and distinguishing between cancerous and non-cancerous cells. This technology reduces the need for re-excision cases. The market is witnessing a rise in product approvals, which will propel growth. Companies are focusing on developing markers to improve surgical efficacy, enabling more precise tumor removal. In the realm of breast conservation, radiation therapy plays a crucial role.
  • The integration of novel treatments, such as immunotherapy agents, targeted therapy, and hormonal blockers, is transforming the market. Breast imaging and chemotherapy regimens are essential tools in the early detection and treatment of breast cancer. The focus on quality of life and patient satisfaction is a significant trend. The market's evolution is driven by the continuous pursuit of better clinical results and increased adoption of advanced technologies. Companies are investing in research and development to address the unmet needs of patients and healthcare providers. The future holds great promise for the breast cancer treatment market.

Lumpectomy Market in US Share by Product

Get a glance at the market report of share of various segments Request Free Sample

Market Dynamics

Our US Lumpectomy Market researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in adoption of US Lumpectomy Market?

  • Growing incidence of new breast cancer cases is the key driver of the market. Breast cancer is a significant health concern in the US, with an estimated 297,790 new cases diagnosed in 2023, including DCIS. The American Cancer Society reports a 13% risk of breast cancer for women in the US. Obesity and hormone replacement therapies are identified as major contributors to the rise in breast cancer cases. Despite this, advancements in breast imaging, targeted therapy, and immunotherapy agents have led to improved disease-free survival rates. The five-year relative survival rate has risen, while breast cancer-related deaths have declined.

  • Clinical trials and adjuvant therapy continue to explore new treatments and personalized medicine. Post-operative care, psychological support, and oncoplastic surgery, such as partial mastectomy, are essential components of treatment. Understanding the importance of early detection and ongoing research is crucial in the fight against breast cancer.

What are the market trends shaping the US Lumpectomy Market?

  • Rising investment by venture capitalists is the upcoming trend in the market. Lumpectomy market participants, predominantly US-based companies, are dedicated to innovating new treatments and technologies for this procedure. These advancements include novel technologies for tumor localization and pain management. For instance, Cairn Surgical, Inc., raised USD4.5 million in Series A funding in January 2024, which was used to develop their Breast Cancer Locator (BCL) system. This system utilizes 3D-printed guides for improved precision during lumpectomy procedures.

  • Moreover, external beam radiotherapy and skin-sparing mastectomy techniques contribute to the market's growth by improving patient outcomes and reducing recovery time. Support groups and ongoing research play a crucial role in increasing awareness and understanding of lumpectomy procedures, further driving market expansion. Besides, advancements in hormonal blockers, such as aromatase inhibitors, and immunotherapies, like PD-1 inhibitors and CTLA-4 inhibitors, are also transforming the lumpectomy landscape. These treatments are essential for managing various molecular subtypes, particularly luminal B, and enhancing quality of life for patients undergoing chemotherapy regimens.

What challenges does US Lumpectomy Market face during the growth?

  • High cost of lumpectomy procedure is a key challenge affecting the market growth. Lumpectomy, a common surgical procedure for breast cancer treatment, involves the removal of the tumor while preserving the breast. However, the high cost of lumpectomy procedures is a significant barrier to adoption, with expenses varying based on factors such as hospital choice, cancer stage, and surgeon experience. The average cost for non-cancerous breast lump removal starts at around USD 4000 at top medical facilities. For patients with advanced breast cancer, lumpectomy costs can range from USD 60,637 to USD 134,682 per patient, as determined by insurance coverage.

  • These factors contribute to the overall expense of breast cancer treatment, making it crucial for patients and healthcare providers to understand the cost implications and available financial assistance options. Advanced breast cancer treatment incurs significantly higher incremental costs compared to early-stage breast cancer. Neoadjuvant therapy, including anti-HER2 therapies, and subsequent clinical outcomes influence the need for additional treatments such as radiation therapy, breast reconstruction, wound healing, scar management, and stereotactic radiosurgery.

Exclusive Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Lumpectomy Market in US Share by Geography

 Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Becton Dickinson and Co. -  The company provides advanced breast tissue marking solutions for open surgical biopsies. 

The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

  • Becton Dickinson and Co.
  • Carl Zeiss AG
  • ClearCut Medical
  • Dilon Medical Technologies Inc.
  • Endomagnetics Ltd.
  • Hologic Inc.
  • IceCure Medical Ltd.
  • Leica Microsystems
  • Merit Medical Systems Inc.
  • Novian Health
  • Vector Surgical LLC Inc.

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 market 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.

Recent Development and News in Lumpectomy Market In US

  • In March 2023, Medtronic plc, a global healthcare solutions company, announced the U.S. Food and Drug Administration (FDA) approval of its Mammotome® System with TumorSelect™ Technology for image-guided breast lumpectomy procedures. This innovative technology enables real-time, intraoperative imaging to improve the accuracy and efficiency of tumor removal (Medtronic Press Release, 2023).
  • In October 2024, Ethicon, a part of the Johnson & Johnson Medical Devices Companies, and Merit Medical Systems, Inc. entered into a strategic partnership to co-develop and commercialize a portfolio of innovative surgical devices for minimally invasive procedures, including lumpectomies. This collaboration aims to enhance patient care and expand the reach of both companies in the global surgical market (Ethicon Press Release, 2024).
  • In January 2025, Getinge AB, a leading provider of medical technology and solutions, acquired the surgical business of Maquet Holding B.V. & Co. KG. This acquisition strengthened Getinge's position in the surgical market, particularly in the area of lumpectomy procedures, and expanded its product portfolio (Getinge Press Release, 2025).
  • In May 2025, the European Commission granted marketing authorization for the Senhance Surgical System, a robotic-assisted surgical platform by TransEnterix, Inc., for performing minimally invasive lumpectomies. This approval marks a significant technological advancement in the field, as the Senhance System uses artificial intelligence and haptic feedback to enhance precision and control during surgical procedures (TransEnterix Press Release, 2025).

Research Analyst Overview

The lumpectomy market continues to evolve as advancements in breast cancer treatment and research unfold. Tumor size, disease-free survival, and clinical outcomes are key factors driving market dynamics. Neoadjuvant therapy, utilizing anti-HER2 therapies, is increasingly being adopted to downsize tumors prior to surgery. Breast imaging technologies, such as stereotactic radiosurgery and novel treatments like aromatase inhibitors and PD-1 inhibitors, contribute to improved clinical outcomes. Radiation therapy, a common post-operative care method, is undergoing advancements with external beam radiotherapy and intraoperative radiotherapy. Hormonal blockers, hormone therapy, and chemotherapy regimens are essential adjuvant therapies, while targeted therapy and immunotherapy agents offer new treatment options.

Breast reconstruction and scar management are crucial aspects of patient care, with skin-sparing mastectomy and tissue expander techniques gaining popularity. Psychological support and quality of life considerations are increasingly integrated into treatment plans. Molecular subtypes, such as Luminal A and B, influence treatment decisions, with genetic testing playing a vital role in personalized medicine. Ongoing clinical trials explore new treatments and techniques, including oncoplastic surgery and partial mastectomy, to enhance patient satisfaction and survival rates. In surgical oncology, tumor grade, tumor stage, and nodal status guide treatment strategies. Wound healing and pain management are essential components of post-operative care.

The market's continuous evolution reflects the ongoing quest for improved patient outcomes and enhanced quality of life.

Market Scope

Report Coverage

Details

Page number

154

Base year

2024

Historic period

2019-2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 5.6%

Market growth 2025-2029

USD 1.31 billion

Market structure

Concentrated

YoY growth 2024-2025(%)

5.2

Key countries

US

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Request Free Sample

What are the Key Data Covered in this Market Research and Growth Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2025 and 2029
  • Precise estimation of the size of the market  and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming market growth and trends and changes in consumer behaviour
  • Growth of the market across US
  • Thorough analysis of the market's competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Executive Summary - Chart on Market Overview
    • Executive Summary - Data Table on Market Overview
    • Executive Summary - Chart on Country Market Characteristics
    • Executive Summary - Chart on Market Segmentation by Product
    • Executive Summary - Chart on Market Segmentation by End-user
    • Executive Summary - Chart on Market Segmentation by Type
    • Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

  • 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • 2.2 Criticality of inputs and Factors of differentiation
    • Overview on criticality of inputs and factors of differentiation
  • 2.3 Factors of disruption
    • Overview on factors of disruption
  • 2.4 Impact of drivers and challenges
    • Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

  • 3.1 Market ecosystem
    • Parent Market
    • Data Table on - Parent Market
  • 3.2 Market characteristics
    • Market characteristics analysis
  • 3.3 Value chain analysis
    • Value chain analysis

4 Market Sizing

  • 4.1 Market definition
    • Offerings of companies included in the market definition
  • 4.2 Market segment analysis
    • Market segments
  • 4.3 Market size 2024
    • 4.4 Market outlook: Forecast for 2024-2029
      • Chart on US - Market size and forecast 2024-2029 ($ million)
      • Data Table on US - Market size and forecast 2024-2029 ($ million)
      • Chart on US: Year-over-year growth 2024-2029 (%)
      • Data Table on US: Year-over-year growth 2024-2029 (%)

    5 Historic Market Size

    • 5.1 Lumpectomy Market in US 2019 - 2023
      • Historic Market Size - Data Table on Lumpectomy Market in US 2019 - 2023 ($ million)
    • 5.2 Product segment analysis 2019 - 2023
      • Historic Market Size - Product Segment 2019 - 2023 ($ million)
    • 5.3 End-user segment analysis 2019 - 2023
      • Historic Market Size - End-user Segment 2019 - 2023 ($ million)
    • 5.4 Type segment analysis 2019 - 2023
      • Historic Market Size - Type Segment 2019 - 2023 ($ million)

    6 Qualitative Analysis

    • 6.1 Impact of AI on lumpectomy market in US

      7 Five Forces Analysis

      • 7.1 Five forces summary
        • Five forces analysis - Comparison between 2024 and 2029
      • 7.2 Bargaining power of buyers
        • Bargaining power of buyers - Impact of key factors 2024 and 2029
      • 7.3 Bargaining power of suppliers
        • Bargaining power of suppliers - Impact of key factors in 2024 and 2029
      • 7.4 Threat of new entrants
        • Threat of new entrants - Impact of key factors in 2024 and 2029
      • 7.5 Threat of substitutes
        • Threat of substitutes - Impact of key factors in 2024 and 2029
      • 7.6 Threat of rivalry
        • Threat of rivalry - Impact of key factors in 2024 and 2029
      • 7.7 Market condition
        • Chart on Market condition - Five forces 2024 and 2029

      8 Market Segmentation by Product

      • 8.1 Market segments
        • Chart on Product - Market share 2024-2029 (%)
        • Data Table on Product - Market share 2024-2029 (%)
      • 8.2 Comparison by Product
        • Chart on Comparison by Product
        • Data Table on Comparison by Product
      • 8.3 Lumpectomy systems - Market size and forecast 2024-2029
        • Chart on Lumpectomy systems - Market size and forecast 2024-2029 ($ million)
        • Data Table on Lumpectomy systems - Market size and forecast 2024-2029 ($ million)
        • Chart on Lumpectomy systems - Year-over-year growth 2024-2029 (%)
        • Data Table on Lumpectomy systems - Year-over-year growth 2024-2029 (%)
      • 8.4 Lumpectomy surgical tools - Market size and forecast 2024-2029
        • Chart on Lumpectomy surgical tools - Market size and forecast 2024-2029 ($ million)
        • Data Table on Lumpectomy surgical tools - Market size and forecast 2024-2029 ($ million)
        • Chart on Lumpectomy surgical tools - Year-over-year growth 2024-2029 (%)
        • Data Table on Lumpectomy surgical tools - Year-over-year growth 2024-2029 (%)
      • 8.5 Consumables - Market size and forecast 2024-2029
        • Chart on Consumables - Market size and forecast 2024-2029 ($ million)
        • Data Table on Consumables - Market size and forecast 2024-2029 ($ million)
        • Chart on Consumables - Year-over-year growth 2024-2029 (%)
        • Data Table on Consumables - Year-over-year growth 2024-2029 (%)
      • 8.6 Market opportunity by Product
        • Market opportunity by Product ($ million)
        • Data Table on Market opportunity by Product ($ million)

      9 Market Segmentation by End-user

      • 9.1 Market segments
        • Chart on End-user - Market share 2024-2029 (%)
        • Data Table on End-user - Market share 2024-2029 (%)
      • 9.2 Comparison by End-user
        • Chart on Comparison by End-user
        • Data Table on Comparison by End-user
      • 9.3 ASCs - Market size and forecast 2024-2029
        • Chart on ASCs - Market size and forecast 2024-2029 ($ million)
        • Data Table on ASCs - Market size and forecast 2024-2029 ($ million)
        • Chart on ASCs - Year-over-year growth 2024-2029 (%)
        • Data Table on ASCs - Year-over-year growth 2024-2029 (%)
      • 9.4 Hospitals - Market size and forecast 2024-2029
        • Chart on Hospitals - Market size and forecast 2024-2029 ($ million)
        • Data Table on Hospitals - Market size and forecast 2024-2029 ($ million)
        • Chart on Hospitals - Year-over-year growth 2024-2029 (%)
        • Data Table on Hospitals - Year-over-year growth 2024-2029 (%)
      • 9.5 Research institutes and academic centers - Market size and forecast 2024-2029
        • Chart on Research institutes and academic centers - Market size and forecast 2024-2029 ($ million)
        • Data Table on Research institutes and academic centers - Market size and forecast 2024-2029 ($ million)
        • Chart on Research institutes and academic centers - Year-over-year growth 2024-2029 (%)
        • Data Table on Research institutes and academic centers - Year-over-year growth 2024-2029 (%)
      • 9.6 Market opportunity by End-user
        • Market opportunity by End-user ($ million)
        • Data Table on Market opportunity by End-user ($ million)

      10 Market Segmentation by Type

      • 10.1 Market segments
        • Chart on Type - Market share 2024-2029 (%)
        • Data Table on Type - Market share 2024-2029 (%)
      • 10.2 Comparison by Type
        • Chart on Comparison by Type
        • Data Table on Comparison by Type
      • 10.3 DCIS - Market size and forecast 2024-2029
        • Chart on DCIS - Market size and forecast 2024-2029 ($ million)
        • Data Table on DCIS - Market size and forecast 2024-2029 ($ million)
        • Chart on DCIS - Year-over-year growth 2024-2029 (%)
        • Data Table on DCIS - Year-over-year growth 2024-2029 (%)
      • 10.4 Breast cancer stage 1 and stage 2 - Market size and forecast 2024-2029
        • Chart on Breast cancer stage 1 and stage 2 - Market size and forecast 2024-2029 ($ million)
        • Data Table on Breast cancer stage 1 and stage 2 - Market size and forecast 2024-2029 ($ million)
        • Chart on Breast cancer stage 1 and stage 2 - Year-over-year growth 2024-2029 (%)
        • Data Table on Breast cancer stage 1 and stage 2 - Year-over-year growth 2024-2029 (%)
      • 10.5 Market opportunity by Type
        • Market opportunity by Type ($ million)
        • Data Table on Market opportunity by Type ($ million)

      11 Customer Landscape

      • 11.1 Customer landscape overview
        • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

      12 Drivers, Challenges, and Opportunity/Restraints

      • 12.1 Market drivers
        • 12.2 Market challenges
          • 12.3 Impact of drivers and challenges
            • Impact of drivers and challenges in 2024 and 2029
          • 12.4 Market opportunities/restraints

            13 Competitive Landscape

            • 13.1 Overview
              • 13.2 Competitive Landscape
                • Overview on criticality of inputs and factors of differentiation
              • 13.3 Landscape disruption
                • Overview on factors of disruption
              • 13.4 Industry risks
                • Impact of key risks on business

              14 Competitive Analysis

              • 14.1 Companies profiled
                • Companies covered
              • 14.2 Company ranking index
                • Company ranking index
              • 14.3 Market positioning of companies
                • Matrix on companies position and classification
              • 14.4 Becton Dickinson and Co.
                • Becton Dickinson and Co. - Overview
                • Becton Dickinson and Co. - Business segments
                • Becton Dickinson and Co. - Key news
                • Becton Dickinson and Co. - Key offerings
                • Becton Dickinson and Co. - Segment focus
                • SWOT
              • 14.5 Carl Zeiss AG
                • Carl Zeiss AG - Overview
                • Carl Zeiss AG - Product / Service
                • Carl Zeiss AG - Key news
                • Carl Zeiss AG - Key offerings
                • SWOT
              • 14.6 ClearCut Medical
                • ClearCut Medical - Overview
                • ClearCut Medical - Product / Service
                • ClearCut Medical - Key offerings
                • SWOT
              • 14.7 Dilon Medical Technologies Inc.
                • Dilon Medical Technologies Inc. - Overview
                • Dilon Medical Technologies Inc. - Product / Service
                • Dilon Medical Technologies Inc. - Key offerings
                • SWOT
              • 14.8 Endomagnetics Ltd.
                • Endomagnetics Ltd. - Overview
                • Endomagnetics Ltd. - Product / Service
                • Endomagnetics Ltd. - Key offerings
                • SWOT
              • 14.9 Hologic Inc.
                • Hologic Inc. - Overview
                • Hologic Inc. - Business segments
                • Hologic Inc. - Key news
                • Hologic Inc. - Key offerings
                • Hologic Inc. - Segment focus
                • SWOT
              • 14.10 IceCure Medical Ltd.
                • IceCure Medical Ltd. - Overview
                • IceCure Medical Ltd. - Product / Service
                • IceCure Medical Ltd. - Key offerings
                • SWOT
              • 14.11 Leica Microsystems
                • Leica Microsystems - Overview
                • Leica Microsystems - Product / Service
                • Leica Microsystems - Key offerings
                • SWOT
              • 14.12 Merit Medical Systems Inc.
                • Merit Medical Systems Inc. - Overview
                • Merit Medical Systems Inc. - Business segments
                • Merit Medical Systems Inc. - Key news
                • Merit Medical Systems Inc. - Key offerings
                • Merit Medical Systems Inc. - Segment focus
                • SWOT
              • 14.13 Novian Health
                • Novian Health - Overview
                • Novian Health - Product / Service
                • Novian Health - Key offerings
                • SWOT
              • 14.14 Vector Surgical LLC Inc.
                • Vector Surgical LLC Inc. - Overview
                • Vector Surgical LLC Inc. - Product / Service
                • Vector Surgical LLC Inc. - Key offerings
                • SWOT

              15 Appendix

              • 15.1 Scope of the report
                • 15.2 Inclusions and exclusions checklist
                  • Inclusions checklist
                  • Exclusions checklist
                • 15.3 Currency conversion rates for US$
                  • Currency conversion rates for US$
                • 15.4 Research methodology
                  • Research methodology
                • 15.5 Data procurement
                  • Information sources
                • 15.6 Data validation
                  • Data validation
                • 15.7 Validation techniques employed for market sizing
                  • Validation techniques employed for market sizing
                • 15.8 Data synthesis
                  • Data synthesis
                • 15.9 360 degree market analysis
                  • 360 degree market analysis
                • 15.10 List of abbreviations
                  • List of abbreviations

                Research Methodology

                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

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

                Interested in this report?

                Get your sample now to see our research methodology and insights!

                Download Now

                Frequently Asked Questions

                Lumpectomy market growth will increase by $ 1309.3 mn during 2025-2029.

                The Lumpectomy market is expected to grow at a CAGR of 5.6% during 2025-2029.

                Lumpectomy market is segmented by Product( Lumpectomy systems, Lumpectomy surgical tools, Consumables) End-user( ASCs, Hospitals, Research institutes and academic centers) Type( DCIS, Breast cancer stage 1 and stage 2, stage 2)

                Becton Dickinson and Co., Carl Zeiss AG, ClearCut Medical, Dilon Medical Technologies Inc., Endomagnetics Ltd., Hologic Inc., IceCure Medical Ltd., Leica Microsystems, Merit Medical Systems Inc., Novian Health, Vector Surgical LLC Inc. are a few of the key vendors in the Lumpectomy market.

                North America will register the highest growth rate of 100% among the other regions. Therefore, the Lumpectomy market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

                US

                • Growing incidence of new breast cancer casesAccording to various sources is the driving factor this market.
                • the incidence rates of breast cancer have grown at the rate of 0.5% per year in US. The risk of a woman developing breast cancer is 13% in US. According to various studies is the driving factor this market.
                • obesity and hormone replacement therapies are the key factors that are responsible for the rise in the number of breast cancer cases. According to the American Cancer Society is the driving factor this market.
                • in 2023 is the driving factor this market.
                • approximately 297 is the driving factor this market.
                • 790 new cases of breast cancer and 55 is the driving factor this market.
                • 720 new cases of DCIS have been diagnosed in American women. However is the driving factor this market.
                • the rate of new breast cancer cases has remained almost stable after 2009 due to increasing awareness about the diseases among women is the driving factor this market.
                • owing to which breast cancer-related deaths have declined is the driving factor this market.
                • while the five-year relative survival rate has risen. The awareness has helped women receive timely medical treatment at an early stage.The breast cancer stages are segmented into early and late stages. Breast cancer Stages 0 is the driving factor this market.
                • 1 is the driving factor this market.
                • and 2 are considered early stages is the driving factor this market.
                • while Stages 3 and 4 are considered late stages. In Stages 0 is the driving factor this market.
                • 1 is the driving factor this market.
                • 2 is the driving factor this market.
                • and 3 is the driving factor this market.
                • lumpectomy procedures alone or lumpectomy along with radiation therapy can be performed; on the other hand is the driving factor this market.
                • in Stage 4 is the driving factor this market.
                • the person has to undergo various surgeries and chemotherapy. In this stage is the driving factor this market.
                • the cancerous cells may rapidly spread to other parts of the body. Owing to the growing number of new cancer cases is the driving factor this market.
                • the demand for lumpectomy surgical tools and systems is rising in US is the driving factor this market.
                • which will boost market growth. These above-mentioned factors will drive the market in focus during the forecast period. is the driving factor this market.

                The Lumpectomy market vendors should focus on grabbing business opportunities from the Lumpectomy systems segment as it accounted for the largest market share in the base year.