Biopsy Devices Market Research Report, Business Growth, Segments, Future Trends and Forecast 2028

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The Biopsy Devices Market report provides a comprehensive overview of important aspects that will drive market growth such as Market drivers, restraints, prospects, opportunities, restraints, current trends, and technical and industrial advancements. The detailed industry study, industry sector development and improvement, and new product launches presented in this Biopsy Devices market report are of tremendous help to the significant new commercial entrants entering the market.

A biopsy is a sample of tissue taken from the body for in-depth analysis of the sample to reach an effective diagnosis of a condition, wherein conventional diagnostic methods such as x-rays and body scans do not provide any conclusive evidence. The procedure is performed in two ways- needle-based minimally invasive procedures and open surgical procedures performed for examination and diagnosis of malignancy. Increasing incidence of cancer, increasing product approvals, increasing awareness of cancer in developing economies along with adoption of expansion strategies from leading players to further strengthen their market positioning is expected to assist the market growth during the forecasted period.

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Global Biopsy Devices Market: Drivers

Increasing incidence of cancer is expected to propel growth of the global biopsy devices market over the forecast period. For instance, according to the American Cancer Society, in 2019, there will be an estimated 1,762,450 new cancer cases diagnosed and 606,880 cancer deaths in the U.S. Moreover, increasing geriatric population is also expected to aid in growth of the global biopsy devices market. For instance, according to the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034.

Key Players included in Biopsy Devices Market:

Angiotech, Cardinal Health Inc., CareFusion Corporation, BD, Devicor Medical Products, Inc., DTR Medical, Hologic, Inc., INRAD, Inc., UK Biopsy, Medtronic plc, IZI Medical Products, FUJIFILM Medical Systems U.S.A., Saga Diagnostics, Zomedica Pharmaceuticals Corp., QIAGEN N.V, GRAIL, Inc., and Foundation Medicine, Inc.

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Key features of the study:

  • This report provides in-depth analysis of the Global Biopsy Devices market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2020–2027), considering 2019 as the base year

  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by key players

Key questions answered in the report:

1. Which are the five top players in the Biopsy Devices market?

2. How will the Biopsy Devices market change in the next five years?

3. Which product and application will take a lion’s share of the Biopsy Devices market?

4. What are the drivers and restraints of the Biopsy Devices market?

5. Which regional market will show the highest growth?

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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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