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Global Biopsy Guidance System Market (2021 to 2027) – Industry Trends, Share, Size, Growth, Opportunity and Forecasts

Reading Time: 2 minutesGlobal Biopsy Guidance System Market is valued approximately at USD 0.92 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.20 % over the forecast period 2021-2027. Biopsy Guidance System is used for the diagnosis of cancer and other chronic diseases in their initial stage. The Biopsy Guidance System market is being driven by growing cases of cancer globally, increase in the geriatric population, and an increasing preference for non-invasive procedures, technological advancements, and increasing government initiatives. For instance, according to Cancer.org, in 2021, the amount of new cancer patients will be around 1.9 million in U.S. As the biopsy guidance system is one of the major tools required for the initial diagnosis of cancer, thus, rising number of cancer cases is estimated to drive market growth over the forecast period. In addition, advancement in technologies such as robot-assisted biopsy, needle-based biopsy guns etc. may fuel the market growth. However, risk of infections associated with the use of biopsy needles may impede market growth over the forecast period of 2021-2027.

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The regional analysis of the Biopsy Guidance System Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is a significant region across the world in terms of market share due to high prevalence of cancer in the region. Whereas North America is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027, due to increasing cases of cancer and advancement in biopsy guidance systems in the region.

Major market player included in this report are:

  1. R. Bard, Inc, Becton, Dickinson and Company, Hologic, Inc., Devicor Medical Products, Inc.,
    B. Braun Melsungen AG, ARGON MEDICAL, Boston Scientific Corporation, INRAD Inc., Cook Medical, PLANMED OY.

By Product Type:

  • Stereotactic Guided Biopsy
  • Ultrasound Guided Biopsy
  • MRI Guided Biopsy

By End-use:

  • Hospitals
  • Specialty Clinics
  • Diagnostic Centers
  • Research and Academic Institute

By Application:

  • Brain Biopsy
  • Breast Biopsy
  • Other Application

By Region:

North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico, Rest of the World.

Furthermore, years considered for the study are as follows:

  • Historical year – 2018, 2019
  • Base year – 2020
  • Forecast period – 2021 to 2027.

Target Audience of the Biopsy Guidance System (PSF) Market in Market Study:

Key Consulting Companies & Advisors, Large, medium-sized, and small enterprises, Venture capitalists, Value-Added Resellers (VARs), Third-party knowledge providers, Investment bankers, Investors.

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Aishwarya Korgaonkarhttps://globalhealthcareindustry.com
Aishwarya Korgaonkar holds a bachelor’s degree in Information Technology from the esteemed Mumbai University. Being creative and artistic, she leaped into the field of digital marketing and content writing. Her love for words makes her write creative and spellbinding content that adds colors to the world. She is keen about writing articles across different verticals and is always eager to work on challenging topics.
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