Breast Biopsy – Market Trends, Drivers, and Growth Prospects until 2021

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According to Technavio’s latest market research study, the global breast biopsy market is expected to grow at a CAGR of close to 11% during the forecast period, 2017-2021.

This report by Technavio provides an in-depth analysis of the global breast biopsy market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

Technavio research analysts categorize the market based on the product type

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The top three revenue contributing product segments are discussed below:

Global breast biopsy imaging guidance systems market: The high growth of the breast biopsy imaging guidance systems is attributable to the favorable sales of the high-priced guidance systems. The sales of new breast biopsy imaging guidance systems during the forecast period is anticipated to facilitate the growth of the breast biopsy imaging guidance systems segment during the forecast period.

Several vendors in this market space are currently focusing on the development of next-generation breast biopsy imaging guidance systems. The 3D Mammography technology, for example, which is used by Hologic in Selenia Dimensions Mammography Systems, MammoPad breast cushion, and guidance systems such as Affirm breast biopsy guidance systems and Decubitus breast imaging table assure a standard care for breast cancer image guidance technique globally,” says Barath Palada, a lead analyst at Technavio for research on orthopedics and medical devices.

Global breast biopsy needles market: Breast biopsy needles are widely used in all breast biopsy procedures. The increased preference for the use of breast biopsy needles can be accredited to the diagnosis and imaging technique used. The disposable biopsy needle sub-segment is expected to see lucrative growth during the forecast period owing to the rising adoption of such needles to avoid infection and other complicated risks caused due to reusable needles among hospitals.

Global breast biopsy needle-based systems market: Needle-based breast biopsy systems are used in diagnosing breast clinical oncology, mammography, hematology biopsy, and interventional radiology. The increase in demand for disposable devices as against reusable devices due to fewer chances of infection is the fundamental driving force behind the growth of the global market for breast biopsy-needle systems during the forecast period.

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The top vendors operating in the global breast biopsy market are:

  • BD
  • C.R. Bard
  • Hologic
  • Leica Biosystems

Other prominent vendors in the market include Argon Medical Devices, Aurora Imaging, Biopsybell, Bracco Imaging, Carestream Health, Cook Medical, Fischer Medical Technologies, Imaging Equipment, Intact Medical, Internazionale Medico Scientifica, Metaltronica, NuVue Therapeutics, PerkinElmer, Planmed OY, Sectra, STERYLAB, Terason, and ZAMAR CARE.

A more detailed analysis is available in the Technavio report titled, ‘Global Breast Biopsy Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.

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