The market for Needle Biopsy is expected to reach $ 677 million by the end of 2023, this market is projected to be growing at a CAGR of ~ 5.2 % during 2017-2023.
A Needle Biopsy is a procedure to extract a sample of cells from the body by inserting a needle in the appropriate sampling site. The extracted tissue is then used for laboratory testing so as to find any abnormality. The Needle Biopsy Market is growing due to market driving factors such as cancers, infections etc.
The development of ultrasensitive imaging technologies such as Magnetic Resonance Imaging (MRI), Computed Tomography (CT) etc. are the market constraints. However the emergence of liquid biopsy is the single largest threat to the future of needle biopsy.
Key players profiled in the report are Boston Scientific Corporation, Cook Medical, CareFusion Corporation, Hologic Inc., and Cardinal Health Inc., Medax, C. R. Bard Inc., Möller Medical GmbH, Becton, Dickinson and Company, Hakko co. ltd., Kompass, Argon Medical Devices Inc. and others.
US accounts for the maximum market share due to favorable reimbursement scenarios and greater expenditure on healthcare. The faster market uptake of new technology in the US is also an important driver of the market for global needle biopsy. Europe is the second largest market due to large disposable income and rising awareness. Asia Pacific region is the fastest growing region because of large unmet needs which is led by China and India. The Middle East & Africa market is led by the gulf nations particularly Saudi Arabia and UAE. The poor regions of Africa are expected to be a laggard due to poor economic and political conditions and poor healthcare penetration.
The report for Global Needle Biopsy Industry by Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.
- Research Methodology
- Market Dynamics
- Market Factor Analysis
- Global Needle Biopsy Market, By Type
- Global Needle Biopsy Market, By Utility
- Global Needle Biopsy Market, By Applications
- Global Needle Biopsy Market, By Region
- Competitive Landscape
- Company Profile
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