by The biopsy devices market size is poised to grow by USD 4.29 billion by 2032 from USD 2.29 billion in 2023, exhibiting a CAGR of 7.20% during the forecast period 2023-2032.
Key Takeaways
- North America region contributed more than 34% of revenue share in 2022.
- Asia-Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
- By product, the needle-based biopsy guns segment held the largest market share of 36% in 2022.
- By product, the biopsy needles segment is anticipated to grow at a remarkable CAGR of 8.6% between 2023 and 2032.
- By end use, the hospitals segment generated over 46% of revenue share in 2022.
- By end use, the clinics segment is expected to expand at the fastest CAGR over the projected period.
Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Biopsy devices market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.
To begin with, the Biopsy devices Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.
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Biopsy Devices Market Scope
| Report Coverage | Details |
| Growth Rate from 2023 to 2032 | CAGR of 7.20% |
| Market Size in 2023 | USD 2.29 Billion |
| Market Size by 2032 | USD 4.29 Billion |
| Largest Market | North America |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Application and By End Use |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Read More: X-Ray Detectors Market Size To Rake USD 5.81 Bn By 2032
The empirical study on the global Biopsy devices market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Biopsy devices Market. Our market report for the Biopsy devices market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.
Biopsy Devices Market Players
- Medtronic plc
- Becton, Dickinson, and Company
- Hologic, Inc.
- Boston Scientific Corporation
- Olympus Corporation
- C. R. Bard, Inc. (acquired by BD)
- Cook Medical LLC
- FUJIFILM Holdings Corporation
- Mauna Kea Technologies
- Devicor Medical Products, Inc.
- Leica Biosystems Nussloch GmbH (Danaher Corporation)
- INRAD Inc.
- Argon Medical Devices, Inc. (acquired by Shandong Weigao Group Medical Polymer Company Limited)
- Scion Medical Technologies LLC
- MDxHealth SA
Data Sources and Methodology
To gather comprehensive insights on the Global Biopsy devices Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.
We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Biopsy devices Market.
The most resonating, simple, genuine, and important causes because of which you must decide to buy the Biopsy devices market report exclusively from precedence research
- The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.
Key Features of the Report:
- Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
- Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
- Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.
Market Segmentation:
By Application
- Needle-based Biopsy Guns
- Biopsy Guidance Systems
- Biopsy Forceps
- Biopsy Needles
By End Use
- Hospitals
- Clinics
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Reasons to Consider Purchasing the Report:
- Enhance your market research capabilities by accessing this comprehensive and precise report on the global Biopsy devices market.
- Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
- Benefit from in-depth research and analysis of the latest trends shaping the global Biopsy devices market.
- Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Biopsy devices market.
- Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
- Discover not only the cutting-edge technological advancements in the global Biopsy devices market but also the strategic plans of industry leaders.
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Biopsy Devices Market
5.1. COVID-19 Landscape: Biopsy Devices Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Biopsy Devices Market, By Application
8.1. Biopsy Devices Market Revenue and Volume, by Application, 2023-2032
8.1.1. Needle-based Biopsy Guns
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Biopsy Guidance Systems
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
8.1.3. Biopsy Forceps
8.1.3.1. Market Revenue and Volume Forecast (2020-2032)
8.1.4. Biopsy Needles
8.1.4.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Biopsy Devices Market, By End Use
9.1. Biopsy Devices Market Revenue and Volume, by End Use, 2023-2032
9.1.1. Hospitals
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Clinics
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Others
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Biopsy Devices Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.1.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.1.3. U.S.
10.1.3.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.1.3.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.1.4.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.2. Europe
10.2.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.2.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.2.3. UK
10.2.3.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.2.3.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.2.4. Germany
10.2.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.2.4.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.2.5. France
10.2.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.2.5.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.2.6.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.3. APAC
10.3.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.3.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.3.3. India
10.3.3.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.3.3.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.3.4. China
10.3.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.3.4.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.3.5. Japan
10.3.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.3.5.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.3.6.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.4. MEA
10.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.4.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.4.3. GCC
10.4.3.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.4.3.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.4.4. North Africa
10.4.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.4.4.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.4.5. South Africa
10.4.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.4.5.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.4.6.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.5. Latin America
10.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.5.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.5.3. Brazil
10.5.3.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.5.3.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)
10.5.4.2. Market Revenue and Volume Forecast, by End Use (2020-2032)
Chapter 11. Company Profiles
11.1. Medtronic plc
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Becton, Dickinson, and Company
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Hologic, Inc.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Boston Scientific Corporation
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Olympus Corporation
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. C. R. Bard, Inc. (acquired by BD)
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Cook Medical LLC
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. FUJIFILM Holdings Corporation
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Mauna Kea Technologies
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Devicor Medical Products, Inc.
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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