Biopsy Devices Market Analysis By Application (Skin Biopsy, Surgical Biopsy, Needle Biopsy, Cancer Diagnosis, Bone Marrow Biopsy), Product Type (Biopsy Guidance System, Biopsy Guns, Biopsy Needles, Forceps), End User, Leading Companies, Forecast To 2022
Pune, India – September 5, 2019 —
Global Biopsy Devices Market size is expected to reach USD 2.4 Billion with expanding at a CAGR of 6% throughout the forecasted period (2016 – 2022).
The global biopsy devices market is booming over the last couple of decades, mainly due to the increasing prevalence of kidney diseases and transplants.
Furthermore, rising demand for new techniques for the diagnosis of chronic diseases, increasing numbers of biopsy procedures, and advancements in surgical procedures fuel the growth of the biopsy devices market.
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Biopsy Device market is projected to reach US$ 2,621.4 Mn by 2026 due to the government initiatives to enhance availability of cancer diagnosis and treatment. Biopsy device market can be broadly classified into product segments such as guidance system, needles, guns, reagents & kits and others (brushes, curettes and punches etc.); by application such as medical diagnosis and scientific research; and by end users which are hospital, specialized oncology centre, diagnostic centre and research institutes. In terms of revenue, the global biopsy device market is expected to reach US$ 1,397.4 Mn in 2016, witnessing a CAGR of 6.5%.
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Factors such as favourable reimbursement scenario in the U.S., demand for minimal invasive breast biopsy, and increasing preference for minimally-invasive biopsy procedures would contribute to the revenue growth of the biopsy device market over the forecast period. Economic factors such as increasing discretionary funding for cancer research, cancer awareness programs by governments, and increasing global healthcare spending would contribute to the revenue growth of the biopsy device market over the forecast period.
The demand for biopsy devices has been significantly high in the U.S., Germany and China market in the recent years. Asia pacific excluding Japan is also a lucrative market globally owing to the compound annual growth rate of 7.1%. Asia Pacific excluding Japan biopsy device market revenue was accounted to be US$ 178.0 Mn in 2015, with China accounting for majority of revenue share.
By product, needles segment accounted for higher revenue share in global biopsy device market in comparison to the guidance system and guns market. Biopsy needles segment is expected to reach a value of US$ 956.7 Mn by 2026, reflecting a CAGR of 6.2% over the forecast period. Biopsy Guidance system segment, is expected to record a robust growth in the forecast period. The growth in guidance system can be attributed to the increasing trend towards advanced technology products.
By application, medical diagnosis segment accounted for highest revenue share in biopsy device market as compared to scientific research segment. Medical diagnosis segment is expected to reach a value of US$ 1,603.8 Mn by 2026, reflecting a CAGR of 6.2% over the forecast period. This is expected to be closely followed by scientific research segment which is projected to grow at a compound annual growth rate of 6.9% during the forecast period.
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By end user, hospital segment accounts for higher consumption of biopsy devices as compared to other end user segments such as specialized oncology centre, diagnostic centre and research institutes. The strong growth in hospital segment can be attributed to increasing population preference for hospitals which can provide better assistance on increasing use for monitoring the disease and increasing incidences of breast cancers leading to breast biopsies. Hospitals are expected to register a CAGR of 8.2% over the forecast period.
In addition to Asia Pacific excluding Japan, demand for biopsy devices has been significantly growing in Middle East and Africa, and Latin America. Revenues in APEJ are anticipated to grow by 7.1%, whereas MEA is expected to increase at 7.6% over the forecast period due to increasing demand for biopsy devices in various regions and increasing demand for minimal invasive Breast biopsy, which in turn contribute to the growth of the global biopsy device market.
Key players in the global biopsy devices market include Becton, Dickinson and Company , Argon Medical Inc., B. Braun Melsungen AG, Boston Scientific Inc., C. R. Bard, Inc., Hologic, Inc., Devicor Medical Products Inc. and others.
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Oct 03, 2019 (AB Digital via COMTEX) -- The Global Endoscopy Devices Market size is expected to exhibit a CAGR of 6.3% over the forecast period from 2017 to 2023, says Market Research Future (MRFR).
The growing demand for screening and diagnosis of colorectal cancer is likely to be a major driver for the global endoscopy devices market over the forecast period.
On the basis of treatments & procedures, it is segmented into abdominal, gynecologic and pelvic organ conditions, joint and orthopedic conditions, lower gastrointestinal conditions, lung and airway conditions, upper gastrointestinal conditions, and urinary system conditions.
The abdominal, gynecological, and pelvic organ conditions segment is further segmented into hernia repair, removal of the appendix, gallbladder, spleen, uterine fibroids, endometrial tissue, and ectopic pregnancy.
On the basis of applications, the Endoscopy Devices Market is segmented into gastrointestinal endoscopy, arthroscopy, obstetrics/gynecology endoscopy, urology endoscopy, bronchoscopy, mediastinoscopy, and otoscopy.
Endoscopy Devices Market Competitive Analysis:
The research report included company profiles of top manufacturers, their data, deals income, revenue share, deal volume, and purchaser volume is equally specified.
It also contains forecasts using a suitable set of expectations and approaches.
The report determines with the profiles of foremost players in the global.
The major market players are estimated on various factors such as company overview, product selection, and revenue of ‘Global Nail Care Products Market’.
‘Global Nail Care Products Market’ Report covers market appearances, size and progress, segmentation, provincial collapses, competitive background, market shares, tendencies and strategies for this market.
Significant financial deals which have molded the market in the previous years are recognized.
The 3D printing medical devices market is expected to reach $1.88 billion by 2022 from $0.84 billion in 2017, at a CAGR of 17.5%
According to latest research report 3D Printing Medical Devices Market is expected to reach $1.88 billion by 2022, at CAGR of 17.5% from 2017 to 2022.
Browse 78 Market Data Tables and 31 Figures spread through 198 Pages and in-depth TOC on "3D Printing Medical Devices Market"
Technological advancements in 3D printing and increasing public-private funding for 3D printing activities are to drive the overall 3D printing medical devices market during the forecast period
Based on technology, the market is segmented into suture 3D printing medical devices, electron beam melting (EBM), laser beam melting (LBM), photopolymerization, droplet deposition or extrusion-based technologies, PolyJet technology, and three-dimensional printing (3DP) or adhesion bonding or binder jetting.
This is attributed to the widespread application of this technology across the medical industry, for manufacturing surgical guides (orthopedic, dental, and CMF guides), prosthetics and implants, porous scaffolds, and dental restorations.
Global medical aesthetics market is projected to reach $19,419.7 million by 2023, growing at a CAGR of 12.2% during 2017 - 2023.According to the study, the global medical aesthetics market is likely to grow from $8.6 billion in 2016 to $19.4 billion by 2023. Advancement in laser technology, growing awareness among consumers, and health benefits of medical aesthetics procedures have been driving the global medical aesthetics market. The market is further expected to gain revenue due to shift in the preference from surgical to non-surgical procedures. There has been a significant growth in non-surgical medical spa procedures in the recent years, resulting from better technologies, such as intense pulsed light and advanced laser based aesthetics equipment.
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Geographically, North America has been the largest market for medical aesthetics, with the U.S. being the largest contributor to the regional market. North America is considered as the platform for innovation in aesthetics procedures, since a majority of established and upcoming market players are either headquartered or have a significant geographical presence in the region. The emerging economies of Asia-Pacific, especially China and India, are expected to grow tremendously in future, which will make Asia-Pacific the second largest market in the coming years. Asia-Pacific is expected to outpace Europe in in terms of medical aesthetics market size by 2020.
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There have been many technological innovations and advancements taking place in the medical aesthetics market. The latest advancements in the laser technology have led to an increased number of its applications in medical aesthetics. These advancements in laser provide benefits such as, small incisions, decrease in the intensity of pain and fast recovery after the procedure. There has been a notable increase in the application of laser technology for various aesthetic treatments, such as hair removal, skin rejuvenation and body contouring, which is bolstering the global medical aesthetics market.
Some of the other key players in the market include Allergan Plc, Valeant Pharmaceuticals International, Inc., ZELTIQ Aesthetics, Inc., Johnson & Johnson, Cutera Inc., Alma Lasers Ltd., Merz GmbH & Co. KGaA, Galderma S.A., Syneron Medical Ltd., Cynosure, Inc., Photomedex, Inc. and Lumenis Ltd.
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01 Oct 2018 – The global Ceramics Market was appreciated at US$ 157.70 billion in 2016 and is expected to reach USD 287.06 billion by 2022. Yet, increasing prices of raw material along with the energy anticipated restraining the progress above the following seven years.
Toughness is one of the important benefits of these products as they necessitate minute repairs, possess property of greater confrontation to conservational circumstances, and are exceptionally price operative.
Increasing intake in a number of end usage businesses will take an optimistic effect on the progress of the market above the prediction period. Growing populace and speedily progressing lifestyle will motivate the necessity for sanitary ware.
The demand for the product estimated to be manifold in end user subdivisions for example housing, learning institutions, hospitals, businesses, hotels, and additional communal places.
