The global demand for breast biopsy devices is expected to grow at a CAGR of about 5.5% from 2022 to 2032, with a market valuation of around US$ 2.1 billion in 2022. According to Future Market Insights, the biopsy needle segment as a product will account for approximately 23.4% of the global market in 2021.

Crucial information and forecast statistics covered in the Breast Biopsy Devices market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

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COVID-19 Impact Analysis on Breast Biopsy Devices Market

The recent outbreak of the COVID-19 has turned the spotlight on the healthcare industry, and subsequently impacted the Breast Biopsy Devices market. Severe shortages of critical medical supplies and a rapid rise in number of COVID-19 cases have resulted into a revolution rather than evolution in the healthcare ecosystems. Consequently, the impact is noticeable in the Breast Biopsy Devices market.

Following government’s measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Breast Biopsy Devices market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

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Breast Biopsy Devices Market: Segmentation

Valuable information covered in the FMI’s Breast Biopsy Devices market report has been segregated into key segments and sub-segments.

By Product:

  • Biopsy Needle
    • Core Needles
    • Fine Aspiration Needles
  • MRI-Guide Biopsy Systems
  • Ultrasound Guided Breast Biopsy Systems
    • Two-Dimensional (2-D) Mammographic Ultrasonic Scanning Systems
    • Three-Dimensional (3-D) B-Mode Mammographic Ultrasonic Scanning Systems
  • Vacuum-Assisted Device (VAD)
  • Guide Wire (Localization Wire)
  • Breast Biopsy Marker

By Indication:

  • Complex cyst
  • Solid mass
  • Suspicious solid mass( fibroadenoma )
  • Suspicious micro calcifications

By End User:

  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers
  • Cancer Research Institutes

Breast Biopsy Devices Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Breast Biopsy Devices market. Competitive information detailed in the Breast Biopsy Devices market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Breast Biopsy Devices market report.

Key players covered in the report include:

  • Becton Dickinson and Company
  • C.R. Bard, Inc.
  • Cook Medical Inc.
  • Devicor Medical Products, Inc.
  • F. Hoffmann-La Roche Ltd.,
  • GE Healthcare
  • Hologic, Inc.
  • Leica Biosystems
  • Medax Srl Unipersonale
  • Planmed Oy,
  • Scion Medical Technologies, LLC
  • Siemens Healthier

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Important Questions Answered in the Breast Biopsy Devices Market Report

  • Which end user remains the top revenue contributor in different regional markets?
  • At what rate has the global Breast Biopsy Devices market been expanding during the forecast period?
  • How will the global Breast Biopsy Devices market look like by the end of the forecast period?
  • What innovative strategies are adopted by Breast Biopsy Devices market players to stay ahead of the pack?
  • What are the restraints affecting the growth of the global Breast Biopsy Devices market?

Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Breast Biopsy Devices market

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.


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