The process of performing a histological analysis on any targeted
tissue, for diagnostic purposes is referred to as a “biopsy”. Biopsy
helps in the determination of aetiology, presence and extent of a
disease. The global biopsy devices market was valued at USD 1.5 billion
in 2012. The market will grow at a CAGR of 6.5% from 2012 to 2018, to
reach an estimated USD 2.5 billion by 2018.
Biopsy procedures are minimally invasive in nature. This acts as a
growth driver for the market, as these procedures significantly reduce
patient recovery time, have fewer complications associated with them and
are cost effective. Some of the other growth drivers for the market are
increasing customer awareness levels encouraging them to go for regular
breast, prostate and cervical examinations, global aging population
inducing inflammatory diseases and cancer and the shift in the
preference of medical practitioners from using reusable biopsy devices
to using disposable devices. Economic development in the Asia-Pacific
region and technological improvements aiding in the invention of new
products are some of the factors that will ensure future sustainability
of the market.
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There are five major biopsy procedure types namely fine needle
aspiration biopsy, stereotactic core needle biopsy, vacuum assisted core
biopsy and surgical biopsy. These biopsy procedures include the use of
biopsy needles. However, the needles vary in dimensions for each
procedure type, like for an instance the needle used in a fine needle
aspiration biopsy is thinner than the one used in a core needle biopsy
procedure. The biopsy procedures are performed using the help of image
guidance technologies such as magnetic resonance imaging (MRI),
ultrasound and mammography.
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The market is segmented on the basis of applications into brain
biopsy devices, lung biopsy devices, bone biopsy devices, breast biopsy
devices, kidney biopsy devices, liver biopsy devices, prostate and
bladder biopsy devices and gynecological biopsy devices market. The
North American, European, Asia-Pacific and the rest of the world
regions, together constitute the market segmentation on the basis of
geography.
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Some of the major market players in the biopsy device market
include Bard Biopsy Systems, CareFusion Corporation, Hologic Inc.,
Devicor Medical Products Inc., Cardinal Health Inc., Ethicon
Endo-Surgery Inc.
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