Thursday, June 26, 2014

Global market for biopsy devices to grow to $1.9 billion in 2018

Early diagnosis of cancer is the prime factor in its successful treatment. However, doctors chose not to recommend biopsy as a treatment to low-risk patients in the past since conventional biopsy methods involved complex technical issues. This led to increased trauma and stress among the patients. But with the increased adoption of non-invasive methods, the process is now being recommended for low-risk patients as well.

Significant novel cancer diagnostic and biopsy methods are evidencing significant growth rate due to increased awareness for the diagnosis of chronic diseases such as breast cancer and lung cancer among the patients. In addition, increase in prevalence for chronic disease and rise in income levels in developing economies are promoting the growth of novel biopsy procedures, leading to considerable growth in the foreseeable future.

BCC Research provides an in-depth analysis of the global market for biopsy devices in its report, Biopsy Devices: Technology and Global Markets. According to this report, the global market for biopsy devices reached $1.4 billion in 2013. This is expected to grow to $1.5 billion in 2014 and $1.9 billion in 2018, registering a five-year compound annual growth rate of 6.3% from 2013 to 2018.

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Use this report for, but not limited to, the following reasons:
  • Gain an overview of the global biopsy devices market
  • Analyses of global market trends with data from 2012 and 2013, and compound annual growth rate (CAGR) projections through 2018
  • Estimation of the biopsy devices market and its subsegments from 2014 through 2019 by procedures and geographical locations
  • Analyses of key strategies, competitive insights and developments and profiles of key companies in the market
  • Gain information on the challenges and opportunities that can be leveraged by market participants
  • Evaluation of relevant patents
Click here to Order your copy of this report (or any of its chapters) or to download the Complimentary Introduction chapter.

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