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Core Needle Biopsy Market is expected to rise from its initial estimated value of USD 368.50 million to an estimated value of USD 452.86 million by 2026

Global Core Needle Biopsy Market is expected to rise from its initial estimated value of USD 368.50 million to an estimated value of USD 452.86 million by 2026, registering a CAGR of 2.61% in the forecast period of 2019-2026. Increasing cases of cancer is the major factor for the growth of this market.

Few of the major competitors currently working in the core needle biopsy market are BD, Devicor Medical Products, Inc., ARGON MEDICAL, Hologic, Inc., Koninklijke Philips N.V. , SOMATEX Medical Technologies GmbH, STERYLAB S.r.l., Biopsybell, ZAMAR CARE., Stryker, Leica Biosystems Nussloch GmbH, Medtronic.

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Key Developments in the Market:

  • In October 2017, BD got approval from the European Commission for the acquisition of the Bard. This acquisition will help the company to expand their business and provide new medicines and solutions so that they can provide their patients better treatment for serious problems like cancer.
  • In January 2019, IZI Medical Products, LLC announced that they have acquired Cook Medical so that they can add Quick-Core Biopsy Needle, MReye Breast Localization Coil, and the Kopans and X-Reidy Lesion Localization Needle to their business portfolio. This will also help the company to be more focused on therapeutic areas with imaging modalities so that they can provide better facilities to the patients performing the procedures.

Market Definition: Global Core Needle Biopsy Market 

Core needle biopsy is a process which is used to remove small amount of dubious tissue using a hollow or core needle from the affected body part. Doctor usually removes the pieces of the tissue from the breast which they spot on an imaging test. MRI, ultrasound and mammogram are some of the imaging test performed by the doctors. Some of the common types of core needle biopsy are stereotactic core needle biopsy and vacuum- assisted core biopsy. Increasing breast cancer cases worldwide is the major factor fueling the growth of this market.

Market Drivers

  • Rising awareness about breast cancer worldwide is driving the growth of this market
  • Technological advancement and development is another factor driving the market growth

Market Restraint

  • Risk of complications after biopsy is restraining the growth of this market

Table of Contents:

  1. Introduction
  2. Market Segmentation
  3. Market Overview
  4. Executive Summary
  5. Premium Insights
  6. Global, By Component
  7. Product Type
  8. Delivery
  9. Industry Type
  10. Geography

10.1.    Overview

10.2.    North America

10.3.    Europe

10.4.    Asia-Pacific

10.5.    South America

10.6.    Middle East & Africa

  1. Company Landscape
  2. Company Profiles
  3. Related Reports

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Segmentation: Global Core Needle Biopsy Market 

By Type 

  • Full- automated Core Needle Biopsy Device
  • Semi- automated Core Needle Biopsy Device

By Applications

  • Hospitals
  • Clinics
  • Others

By Disease

  • Lung Cancer
  • Liver Cancer
  • Breast Cancer
  • Prostate Cancer

By Range

  • 14G- 18G
  • <14G
  • >18G

By Distribution Channel

  • Direct Sales
  • Distributor

By Geography

  • North America
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Thailand
    • Malaysia
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific
  • Middle East & Africa
    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Middle East & Africa

Competitive Analysis: Global Core Needle Biopsy Market 

Global core needle biopsy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of core needle biopsy market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Reasons to Purchase this Report

  • Current and future of global core needle biopsy market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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