medical devicesMedical Devices

Needle Biopsy Market 2019 Ready to reach at $ 678 million with CAGR of ~ 5.3 % | by diagnosis, treatment and end user – Global forecast till 2026

The Global Needle Biopsy market research report acts as a strong backbone for Medical Devices industry with which it can outdo the competition. Global Needle Biopsy market is supposed to witness growth during the forecast period due to growing demand at the end user level. This report comprehensively studies consumption or sales of the market, focuses on the top players with respect to sales, price, revenue and market share (volume and value) for each region. Analysis of consumer needs by major regions, types, applications in Global market by considering the past, present and future state of the industry has been conducted. All the market drivers and restraints in the report have been derived using SWOT analysis.

Global Needle Biopsy Market is expected to rise from its initial estimated value of USD 502.19 million to an estimated value of USD 759.67 million by 2026, registering a CAGR of 5.31% in the forecast period of 2019-2026. Increasing cases of chronic disease is the major factor for the growth of this market.

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Market Definition: Global Needle Biopsy Market

Needle biopsy is a process which is used to collect the sample of cells from the body. Fine needle biopsy and core needle biopsy are two types of the common needle biopsy. They are usually used to take samples from bones, muscle and other part of the body. Needle biopsy is usually done to detect symptoms like inflammation, mass or lump, and an infection. Sometimes, computerized tomography or ultrasound is also done with needle biopsy for more accurate results. Increasing cases of chronic disease worldwide is the major factor fueling the growth of this market.

Market Drivers:

  • Rising cases of breast and lung cancer is driving the growth of this market
  • Technological advancement and development is another factor driving the growth of this market

Market Restraints:

  • High price of the needle biopsy is restraining the growth of this market
  • Lack of skilled and trained professional is another factor restraining the market growth

Segmentation: Global Needle Biopsy Market

By Type

  •  Fine- Needle Aspiration Biopsy
  •  Core Needle Biopsy
  •  Vaccum- Assisted Biopsy
  •  Image- Guided Biopsy

By Utility

  •  Disposable
  •  Reusable

By Applications

  •  Tumor
  •  Infection
  •  Inflammation
  •  Others

By Geography

  • North America
    • US.
    • 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

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Key Developments in the Market:

  • In November 2015, Cook Medical announced the launch of their new EchoTip ProCore 20 gage needle with ReCoil Stylet which will help the physicians to collect the blood samples from the primary areas. This new needle uses very good quality material which provides result that you get from the bigger needle. Ecotip ProCore has core- trap technology which will also allow the physicians to collect samples during the minimally invasive procedure.
  • In October 2017, European Commission has approved Bard acquisition by BD. This acquisition will help the company to create new medical devices and technology which will be used to cure many serious conditions like cancer.

Competitive Analysis: Global Needle Biopsy Market

Global 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 needle biopsy market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Key Market Competitors: Global Needle Biopsy Market

Few of the major competitors currently working in the global needle biopsy market are, Boston Scientific Corporation, Hologic, Inc., Messe Düsseldorf GmbH, Cardinal Health., BD., Leica Biosystems Nussloch GmbH, Möller Medical GmbH, HAKKO CO.,LTD., ARGON MEDICAL, COMPASS International Innovations, Inc., Messe Düsseldorf GmbH, Kompass, Leica Biosystems Nussloch GmbH.

Reasons to Purchase this Report

  • Current and future of global 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

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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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