The increasing prevalence of cancer, in confluence with the rising awareness among individuals about the diagnosis and treatment of cancer, represents one of the key factors driving the global biopsy devices market growth. In addition to this, increasing investments by governments of various countries on account of improving healthcare infrastructure, coupled with inflating income levels, acts as another growth-inducing factor. Other than this, increasing research and development (R&D) activities are leading to innovations, such as 3D optical biopsies. This is expected to create a positive influence on the market in the coming years.
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Insights on Market Segmentation:
Breakup by Procedure Type:
- Surgical Biopsy
- Needle Biopsy
- Needle-based Biopsy Instruments
- Core Biopsy Devices
- Aspiration Biopsy Needles
- Vacuum-assisted Biopsy Devices
- Localization Wires
- Procedure Trays
- Others
Breakup by Application:
- Breast Biopsy
- Lung Biopsy
- Colorectal Biopsy
- Prostate Biopsy
- Others
- Ultrasound Guided Biopsy
- Stereotactic Guided Biopsy
- MRI Guided Biopsy
- Others
- Hospitals and Clinics
- Academic and Research Institutes
- Others
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined with some of the key players being Argon Medical Devices Inc., B. Braun Melsungen, Becton, Dickinson and Company, Boston Scientific Corporation, Cardinal Health Inc., Cook Group Incorporated, Danaher Corporation, Hologic Inc., Medtronic Inc., etc.
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