The Global Sentinel Node Biopsy Market is Grow mainly due to the increasing prevalence of various types of cancer including melanoma, colon cancer, breast cancer, esophageal cancer, head and neck cancer among others. Moreover, the spreading awareness towards the advantages of sentinel node biopsy escalates its market on the global platform.
Market Research Future recently published a study report asserts that the Global Sentinel Node Biopsy Market Size Will Witness Significant Accruals By 2023 Registering 5.1 % CAGR During the Review Period (2017 To 2023).
Growth of the sentinel node biopsy market, enabling access to the quality of life & to the improved healthcare. Furthermore, factors such as increasing number of biopsy procedures and rising demand for new techniques for the diagnosis of cancerous growth provide significant impetus to the market growth.
On the other hand, factors such as prohibitive costs associated with the biopsy and the large unmet need are some of the key factors impeding the market growth, especially in the developing nations. Nevertheless, factors such as the availability of new products and services and the presence of well-established market players in the developing as well as developed countries will support the market growth, filling up the demand and supply gap.
Key players leading the global sentinel node biopsy market include,
Devicor Medical Products Inc. (Germany)
R. Bard Inc. (U.S.)
Hilfe Engineering Corporation (India)
Intramedical Imaging LLC (U.S.)
KUB Technologies Inc. (U.S.)
Surgic Eye (Germany)
and Navidea Biopharmaceuticals Inc. (U.S.) among others.
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Global Sentinel Node Biopsy Market- Segments
The MRFR analysis is segmented into four key dynamics for enhanced understanding.
By Product : Breast Localization Wire, Tissue Marker, Gamma Probe, and Drainage Catheters among others.
By Indication : Breast Cancer, Melanoma, Colon Cancer, and Esophageal Cancer among others.
By End-user : Hospitals & Clinics, and Diagnostic Centers among others.
By Regions : North America, Asia Pacific, Europe, and the Rest-of-the-World.
The North American region, heading with the increasing number of market players offering biopsy devices and instruments, accounts for the leading market for sentinel node biopsy, globally.