Latest News- Breast Biopsy Devices Market: Biopsy needles and systems is expected to lead the Product segment during 2024-2028

The Breast Biopsy Devices Market is being driven by Growing prevalence of breast cancer cases

The Breast Biopsy Devices Market is expected to grow at a CAGR of 10.87% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 778.7 million. The increasing preference for minimally invasive procedures in breast cancer screening has fueled the demand for advanced breast biopsy devices. Robotic platforms, surgical navigation systems, and artificial intelligence are gaining popularity due to their ability to enhance surgical precision and efficiency. The integration of robotics can minimize surgical complications and reduce the risk of human error during biopsy procedures. Traditional methods involve hand-held needles and imaging-guidance systems, but inaccuracies can occur due to human error. Innovative research, such as the development of the MRI-safe robotic system, Sunram 5, by the University of Twente, is aimed at improving the overall quality and efficacy of breast biopsies. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Biopsy needles and systems
  • Biopsy image-guided systems
  • Others
• End-user
  • Hospitals
  • ASCs
  • Breast cancer specialty centers and clinics
  • Others
• Modality
  • Stereotactic x-ray guided breast biopsy
  • Ultrasound-guided breast biopsy
  • MRI-guided breast biopsy
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • France
  • Asia
    • China
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing prevalence of breast cancer cases
• Increasing number of products showcasing and approvals
• Increasing number of M and As

However, the market also witnesses some limitations, which are as follows:

• High cost of breast biopsy
• Presence of alternative non-invasive procedures
• Complications associated with breast biopsy and lack of trained professionals

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Market Scope in Breast Biopsy Devices Market Research Report

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Research Analysis Overview

The Breast Biopsy Devices Market encompasses innovative technologies and advancements in Minimally Invasive Biopsy, Real-Time Biopsy Guidance, Biopsy Navigation, Biopsy Robotics, Biopsy AI, Biopsy Telemedicine, Biopsy Precision, Biopsy Automation, Biopsy Workflow Optimization, Biopsy Patient Experience, and Biopsy Patient Comfort. Key areas of focus include Biopsy Outcomes, Diagnosis, Treatment, Follow-up, Monitoring, Data Management, Data Analysis, Quality Control, Standardization, Ethics, Education, Consent, Advocacy, Research Funding, Industry Collaboration, Future Trends, and Emerging Technologies. These advancements aim to enhance Biopsy Efficiency, Biopsy Accuracy, and Biopsy Patient Care.

Market Research Overview

The Breast Biopsy Devices Market is a significant segment of the global healthcare equipment industry, which encompasses manufacturers of diagnostic equipment and devices utilized in the therapy area. According to Technavio, this market is categorized within the larger healthcare equipment market, which covers R&D of capital equipment, instruments, implants, accessories, and consumables. The global healthcare equipment market's size is determined by the combined revenue generated by these manufacturers. The Breast Biopsy Devices Market includes various advanced technologies such as Stereotactic Biopsy, Vacuum-Assisted Biopsy, Core Needle Biopsy, Image-Guided Biopsy (Ultrasound-Guided, Mammography-Guided, MRI-Guided), and Automated Biopsy Systems. These technologies are instrumental in the early detection and diagnosis of breast-related diseases, contributing to the growth of the market.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Website: www.technavio.com/