(PharmaNewsWire.Com, February 07, 2017 ) According to the report Biopsy Devices Market, published by Market Data Forecast, the global market is projected to reach USD 2214.89MBillion by 2021, at a CAGR of 7.4% from 2016 to 2021.
Biopsy device market is a market with huge potential. The key reason is the augmented need for the use of minimally invasive devices. Biopsy devices are attaining importance due to the rising incidence of cancer and the growing willingness of patients to spend money on these medical procedures.
The market is anticipated to record growth largely because of the quickly aging population and a parallel increase in the incidence of cancer. High competitive rivalry among the key players to uphold their market shares is expected to fuel innovation and in turn help enhance the overall growth of this market.
Segmentation: By Product: • Instruments • Manual • Automated • Semi-Automated • Consumables • Reagents • Kits By Type: • Needle Biopsy • Core Needle Biopsy • Fine Needle Biopsy • Vacuum-Assisted Biopsy • Surgical Biopsy • Incisional Biopsy • Excisional Biopsy By Application: • Scientific Research • Medical Diagnosis • Agricultural Applications • Genetic Fingerprinting & Sex Determination By End User: • Pharmaceutical and Biology Industry • Academic Research Institute • Contract Research Organizations • Forensic Labs By Geography: • North America • Europe • Asia-Pacific • Latin America • Middle-East and Africa
The key companies dominating the biopsy devices market are Medtronic, Leica Biosystems, Hologic Inc., Boston Scientific Corporation, Becton, Cook Medical Inc., C.R. Bard Inc., Mauna Kea Technologies, Ethicon EndoSurgery Inc., Veran Medical Technologies, Dickinson and Company, Fujifilm Medical Systems, MDxHealth, Argon Medical Devices Inc and Intact Medical Corp.
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