Global Vacuum-Assisted Biopsy Market By Guiding Technique (Stereotactic Vacuum Assist Biopsy System and Image Guided Vacuum Assist Biopsy System), Type (9-12G, <9G and >12G), Applications (Hospitals, Academic and Research Institutes and Diagnostics and Imaging Centres), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Vacuum-Assisted Biopsy Market
The rising prevalence of breast cancer and rising geriatric population susceptible to cancer are the two factors attributable to the growth of vacuum-assisted biopsy market. Data Bridge Market Research analyses that the vacuum-assisted biopsy market will project a CAGR of 6.05% for the forecast period of 2021-2028.
Vacuum-assisted biopsy is an alternative to surgical biopsy that allows the area of abnormality to be precisely located using imaging guidance. This procedure saves a lot of time and is minimally invasive because it only locates the tissues that are necessary for a sample. Vacuum-assisted biopsy is a minimally invasive procedure that is used to diagnose breast cancer. Vacuum-assisted biopsy is a kind of core-needle biopsy wherein a vacuum for the collection of a tissue sample.
Rising cases of breast cancer globally have induced growth in the demand for vacuum-assisted biopsy. Rising female geriatric population susceptible to breast cancer has further been fostering the growth of vacuum-assisted biopsy market. Rising demand for minimally invasive surgical procedures has propelled growth of vacuum-assisted biopsy market. Increased expenditure on research and development proficiencies and increased focus on technological advancements especially in the developing countries are two other indirect growth determinants for the vacuum-assisted biopsy market.
Lack of awareness about vacuum-assisted biopsy in low and middle class economies will derail the market growth rate. Lack of skilled professionals and trained expertise in these regions will further create hindrances in the way of vacuum-assisted biopsy market growth. High cost of vacuum-assisted biopsy will further restrict the scope of growth for the market.
This vacuum-assisted biopsy market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info vacuum-assisted biopsy market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Vacuum-Assisted Biopsy Market Scope and Market Size
The vacuum-assisted biopsy market is segmented on the basis of guiding technique, type and applications. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of guiding technique, the vacuum-assisted biopsy market is segmented into stereotactic vacuum assist biopsy system and image guided vacuum assist biopsy system.
- Based on type, the vacuum-assisted biopsy market is segmented into 9-12G, <9G and >12G.
- Based on application, the vacuum-assisted biopsy market is segmented into hospitals, academic and research institutes and diagnostics and imaging centres.
Vacuum-Assisted Biopsy Market Country Level Analysis
The vacuum-assisted biopsy market is analysed and market size insights and trends are provided by country, guiding technique, type and applications as referenced above.
The countries covered in the vacuum-assisted biopsy market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America has been dominating the vacuum-assisted biopsy market and will continue to witness a substantial growth for the forecast period. This is because of the increased funding for research and development proficiencies and rising cases of breast cancer. Asia-Pacific on the other hand will witness the highest CAGR for the forecast period. Rising awareness about vacuum-assisted biopsy and improving healthcare infrastructure especially in the developing countries will induce the market growth in this region. Increased focus of major key players to collaborate and expand in this region will further propel market growth.
The country section of the vacuum-assisted biopsy market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Vacuum-assisted biopsy market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for vacuum-assisted biopsy market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the digital health technologies market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Vacuum-Assisted Biopsy Market Share Analysis
The vacuum-assisted biopsy market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to vacuum-assisted biopsy market.
The major players covered in the vacuum-assisted biopsy market report are BD, Hologic, Inc., Devicor Medical Products, Inc., ARGON MEDICAL., SOMATEX Medical Technologies GmbH, INVIVO THERAPEUTICS, MDL SRL., STERYLAB S.r.l., UROMED Kurt Drews KG, BPB medica, PLANMED OY, Medtronic, Scion Medical Technologies, LLC., Leica Biosystems Nussloch GmbH, ZAMAR CARE., Stryker, Messe Düsseldorf GmbH, Kompass, COMPASS International Innovations, Inc., HAKKO CO.,LTD. and Cardinal Health among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.