Demand for Biopsy Devices is Driven by Several Factors including Advancements in Technologies, Healthcare Investment, Favorable Reimbursement Policies and Aging Population

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Industry Experts, Inc published the latest version of the report on the Biopsy Devices Market. As per this study, the global Biopsy Devices market is estimated at US$2.5 billion in 2024 and projected to post a CAGR of 6.5% between 2024 and 2030 to reach US$3.6 billion in 2030.

The global biopsy device market is primarily driven by the increasing prevalence of cancer, such as breast, lung, and prostate cancers, which require prompt and precise diagnosis. Growing awareness about routine cancer screening and rising patient preference for minimally invasive procedures have fueled demand for advanced biopsy technologies such as image-guided, vacuum-assisted, and liquid biopsy systems. Technological advancements such as the adoption of artificial intelligence (AI), robotics, and imaging techniques like MRI, CT, and ultrasound are improving biopsy procedures by increasing accuracy, streamlining workflows, and enhancing patient comfort.

The hospitals and clinics segment represents the largest end-user in the global biopsy devices market, holding a 65.9% share in 2024. This dominance is due to the need for specialized services, advanced technology, comprehensive treatment, and patient accessibility for various medical care options. As the primary point of contact for patients requiring biopsies, hospitals, and clinics are well-equipped with skilled professionals and state-of-the-art diagnostic tools. The rising prevalence of diseases and the growing healthcare infrastructure globally are driving the increased use of biopsy devices.

The market for Biopsy Devices is analyzed in this report on a global basis and the major regions covered include North America (The United States, Canada, and Mexico), Europe (Germany, France, United Kingdom, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of Asia-Pacific) and Rest of World (Brazil, South Africa and Other Countries).

The study analyzes the market for Biopsy Devices based on Products – Needle-Based Biopsy Guns, Biopsy Guidance Systems, Biopsy Needles, Biopsy Forceps and Other Products (Including Biopsy Sutures, Biopsy Markers, Localization Wires, Procedure Trays, Biopsy Brushes, Curettes, Punches, Shaves, and Biopsy Storage Solutions); Applications – Breast Biopsy, Prostate Biopsy, Lung Biopsy, Gastrointestinal Biopsy, Bone Marrow Biopsy and Other Applications (Including Liver, Endovascular endothelial cells, Skin, Pancreatic cysts, Urogenital system, Lymph Node, Muscle, and  Nerve Biopsies); End-user Facility – Hospitals and Clinics, Diagnostic Centers and Other End-Users (Including Ambulatory Surgical Centers, and Academic and Research Institutions).

About Industry Experts, Inc.
Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com/

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