Biopsy Devices Market Size, trends & Forecast 2023-2027

Market Research Report

A quick peek into the report

1.1   Product Definition
1.2   Inclusion and Exclusion
1.3   Key Findings

2.1   Key Trends
2.1.1   Shift from Conventional Biopsies to Minimally Invasive Biopsies
2.1.2   Integration of Advanced Imaging Technologies with Biopsy
2.2   Patent Analysis
2.2.1   Patent Analysis (by Year)
2.2.2   Patent Analysis (by Country)
2.3   Impact of COVID-19 on Biopsy Devices
2.4   Product Benchmarking
2.5   Regulatory Requirements
2.5.1   Regulatory and Legal Requirements and Framework in the U.S.
2.5.2   Regulatory and Legal Requirements and Framework in Europe
2.5.3   Regulatory and Legal Requirements and Framework in Asia-Pacific
2.5.3.1   China
2.5.3.2   Japan
2.5.3.3   India
2.5.3.4   Australia

3.1   Impact Analysis
3.2   Market Drivers
3.2.1   Upsurge in Incidence of Cancer Leading to Growth in the Adoption of Biopsy Devices
3.2.2   Diverse Applications of Biopsy Procedures Facilitating the Growth of Biopsy Devices Market
3.2.3   Rising Government Initiatives for Early Cancer Detection Driving the Utilization of Biopsy Devices
3.2.4   Increasing Adoption of Inorganic Growth Strategies in the Market
3.3   Market Restraints
3.3.1   Risk of Infections Associated with Biopsies
3.3.2   High Cost of Biopsy Procedures
3.4   Market Opportunities
3.4.1   Continuous Advancements in Biopsy Devices and Techniques
3.4.2   Introduction of Virtual Biopsies

4.1   Overview
4.2   Growth-Share Analysis
4.3   Tissue Biopsy
4.3.1   Tissue Biopsy Devices
4.3.1.1   Needle Biopsy Devices
4.3.1.1.1   Guidance Systems
4.3.1.1.2   Biopsy Consoles
4.3.1.1.3   Site Markers
4.3.1.1.4   Biopsy Guns
4.3.1.1.4.1   Automated Systems
4.3.1.1.4.2   Semi-Automated Systems
4.3.1.1.5   Needles
4.3.1.2   Skin Biopsy Devices
4.3.1.2.1   Punch Biopsy Instruments
4.3.1.2.2   Shave Biopsy Instruments
4.3.2   Consumables
4.3.2.1   Consumables (Product Type)
4.3.2.1.1   Forceps
4.3.2.1.2   Trocars
4.3.2.1.3   Trays
4.3.2.1.4   Other Consumables
4.3.2.2   Consumables (Biopsy Type)
4.4   Liquid Biopsy
4.4.1   Testing Service
4.4.2   Kits
4.4.3   Platform
4.4.4   Consumables

5.1   Overview
5.2   Growth-Share Analysis
5.3   Tissue Biopsy
5.3.1   Needle Biopsy
5.3.2   Surgical Biopsy
5.3.3   Skin Biopsy
5.4   Liquid Biopsy

6.1   Overview
6.2   Growth-Share Analysis
6.3   Tissue Biopsy
6.3.1   Breast
6.3.2   Lung
6.3.3   Bone
6.3.4   Liver
6.3.5   Uterus/Cervix/Ovary
6.3.6   Abdomen
6.3.7   Prostate
6.3.8   Cardiac
6.3.9   Skin
6.3.10   Others
6.4   Liquid Biopsy
6.4.1   Breast
6.4.2   Lung
6.4.3   Prostate
6.4.4   Others

7.1   Overview
7.2   Growth-Share Analysis
7.3   Tissue Biopsy
7.3.1   Cancer
7.3.2   Infections
7.3.3   Autoimmune Disorders
7.3.4   Others
7.4   Liquid Biopsy
7.4.1   Cancer
7.4.2   Non-Cancerous Indications

8.1   Overview
8.2   Growth-Share Analysis
8.3   Ultrasound-Guided Biopsy
8.4   X-Ray-Guided Biopsy
8.5   MRI-Guided Biopsy
8.6   CT-Guided Biopsy

9.1   Overview
9.2   Americas
9.2.1   Market Sizing and Forecast
9.2.1.1   Americas Biopsy Devices Market (by Tissue Biopsy)
9.2.1.1.1   Americas Biopsy Devices Market (by Product Type)
9.2.1.1.1.1   Americas Biopsy Devices Market (by Tissue Biopsy Device)
9.2.1.1.1.1.1   Americas Biopsy Devices Market (by Needle Biopsy Devices)
9.2.1.1.2   Americas Biopsy Devices Market (by Biopsy Type)
9.2.1.1.3   Americas Biopsy Devices Market (by Anatomy)
9.2.1.2   Americas Biopsy Devices Market (by Liquid Biopsy)
9.2.1.2.1   Americas Biopsy Devices Market (by Product Type)
9.2.1.2.2   Americas Biopsy Devices Market (by Anatomy)
9.2.1.2.3   Americas Biopsy Devices Market (by Disease Type)
9.3   U.S.
9.3.1   Market Sizing and Forecast
9.3.1.1   U.S. Biopsy Devices Market (by Tissue Biopsy)
9.3.1.1.1   U.S. Biopsy Devices Market (by Product Type)
9.3.1.1.1.1   U.S. Biopsy Devices Market (by Tissue Biopsy Devices)
9.3.1.1.1.1.1   U.S. Biopsy Devices Market (by Needle Biopsy Devices)
9.3.1.1.2   U.S. Biopsy Devices Market (by Biopsy Type)
9.3.1.1.3   U.S. Biopsy Devices Market (by Anatomy)
9.3.1.2   U.S. Biopsy Devices Market (by Liquid Biopsy)
9.3.1.2.1   U.S. Biopsy Devices Market (by Product Type)
9.3.1.2.2   U.S. Biopsy Devices Market (by Anatomy)
9.3.1.2.3   U.S. Biopsy Devices Market (by Disease Type)
9.4   EMEA
9.4.1   Market Sizing and Forecast
9.4.1.1   EMEA Biopsy Devices Market (by Tissue Biopsy)
9.4.1.1.1   EMEA Biopsy Devices Market (by Product Type)
9.4.1.1.1.1   EMEA Biopsy Devices Market (by Tissue Biopsy Devices)
9.4.1.1.1.1.1   EMEA Biopsy Devices Market (by Needle Biopsy Devices)
9.4.1.1.2   EMEA Biopsy Devices Market (by Biopsy Type)
9.4.1.1.3   EMEA Biopsy Devices Market (by Anatomy)
9.4.1.2   EMEA Biopsy Devices Market (by Liquid Biopsy)
9.4.1.2.1   EMEA Biopsy Devices Market (by Product Type)
9.4.1.2.2   EMEA Biopsy Devices Market (by Anatomy)
9.4.1.2.3   EMEA Biopsy Devices Market (by Disease Type)
9.5   Germany
9.5.1   Market Sizing and Forecast
9.5.1.1   Germany Biopsy Devices Market (by Tissue Biopsy)
9.5.1.1.1   Germany Biopsy Devices Market (by Product Type)
9.5.1.1.1.1   Germany Biopsy Devices Market (by Tissue Biopsy Devices)
9.5.1.1.1.1.1   Germany Biopsy Devices Market (by Needle Biopsy Devices)
9.5.1.1.2   Germany Biopsy Devices Market (by Biopsy Type)
9.5.1.1.3   Germany Biopsy Devices Market (by Anatomy)
9.5.1.2   Germany Biopsy Devices Market (by Liquid Biopsy)
9.5.1.2.1   Germany Biopsy Devices Market (by Product Type)
9.5.1.2.2   Germany Biopsy Devices Market (by Anatomy)
9.5.1.2.3   Germany Biopsy Devices Market (by Disease Type)
9.6   U.K.
9.6.1   Market Sizing and Forecast
9.6.1.1   U.K. Biopsy Devices Market (by Tissue Biopsy)
9.6.1.1.1   U.K. Biopsy Devices Market (by Product Type)
9.6.1.1.1.1   U.K. Biopsy Devices Market (by Tissue Biopsy Devices)
9.6.1.1.1.1.1   U.K. Biopsy Devices Market (by Needle Biopsy Devices)
9.6.1.1.2   U.K. Biopsy Devices Market (by Biopsy Type)
9.6.1.1.3   U.K. Biopsy Devices Market (by Anatomy)
9.6.1.2   U.K. Biopsy Devices Market (by Liquid Biopsy)
9.6.1.2.1   U.K. Biopsy Devices Market (by Product Type)
9.6.1.2.2   U.K. Biopsy Devices Market (by Anatomy)
9.6.1.2.3   U.K. Biopsy Devices Market (by Disease Type)
9.7   France
9.7.1   Market Sizing and Forecast
9.7.1.1   France Biopsy Devices Market (by Tissue Biopsy)
9.7.1.1.1   France Biopsy Devices Market (by Product Type)
9.7.1.1.1.1   France Biopsy Devices Market (by Tissue Biopsy Devices)
9.7.1.1.1.1.1   France Biopsy Devices Market (by Needle Biopsy Devices)
9.7.1.1.2   France Biopsy Devices Market (by Biopsy Type)
9.7.1.1.3   France Biopsy Devices Market (by Anatomy)
9.7.1.2   France Biopsy Devices Market (by Liquid Biopsy)
9.7.1.2.1   France Biopsy Devices Market (by Product Type)
9.7.1.2.2   France Biopsy Devices Market (by Anatomy)
9.7.1.2.3   France Biopsy Devices Market (by Disease Type)
9.8   Asia-Pacific
9.8.1   Market Sizing and Forecast
9.8.1.1   Asia-Pacific Biopsy Devices Market (by Tissue Biopsy)
9.8.1.1.1   Asia-Pacific Biopsy Devices Market (by Product Type)
9.8.1.1.1.1   Asia-Pacific Biopsy Devices Market (by Tissue Biopsy Devices)
9.8.1.1.1.1.1   Asia-Pacific Biopsy Devices Market (by Needle Biopsy Devices)
9.8.1.1.2   Asia-Pacific Biopsy Devices Market (by Biopsy Type)
9.8.1.1.3   Asia-Pacific Biopsy Devices Market (by Anatomy)
9.8.1.2   Asia-Pacific Biopsy Devices Market (by Liquid Biopsy)
9.8.1.2.1   Asia-Pacific Biopsy Devices Market (by Product Type)
9.8.1.2.2   Asia-Pacific Biopsy Devices Market (by Anatomy)
9.8.1.2.3   Asia-Pacific Biopsy Devices Market (by Disease Type)
9.9   China
9.9.1   Market Sizing and Forecast
9.9.1.1   China Biopsy Devices Market (by Tissue Biopsy)
9.9.1.1.1   China Biopsy Devices Market (by Product Type)
9.9.1.1.1.1   China Biopsy Devices Market (by Tissue Biopsy Devices)
9.9.1.1.1.1.1   China Biopsy Devices Market (by Needle Biopsy Devices)
9.9.1.1.2   China Biopsy Devices Market (by Biopsy Type)
9.9.1.1.3   China Biopsy Devices Market (by Anatomy)
9.9.1.2   China Biopsy Devices Market (by Liquid Biopsy)
9.9.1.2.1   China Biopsy Devices Market (by Product Type)
9.9.1.2.2   China Biopsy Devices Market (by Anatomy)
9.9.1.2.3   China Biopsy Devices Market (by Disease Type)
9.10 India
9.10.1   Market Sizing and Forecast
9.10.1.1   India Biopsy Devices Market (by Tissue Biopsy)
9.10.1.1.1   India Biopsy Devices Market (by Product Type)
9.10.1.1.1.1   India Biopsy Devices Market (by Tissue Biopsy Devices)
9.10.1.1.1.1.1   India Biopsy Devices Market (by Needle Biopsy Devices)
9.10.1.1.2   India Biopsy Devices Market (by Biopsy Type)
9.10.1.1.3   India Biopsy Devices Market (by Anatomy)
9.10.1.2   India Biopsy Devices Market (by Liquid Biopsy)
9.10.1.2.1   India Biopsy Devices Market (by Product Type)
9.10.1.2.2   India Biopsy Devices Market (by Anatomy)
9.10.1.2.3   India Biopsy Devices Market (by Disease Type)

10.1   Overview
10.2   Key Strategies and Developments
10.2.1   Synergistic Activities
10.2.2   Product and Service Launches
10.2.3   Regulatory Accreditations
10.2.4   Mergers and Acquisitions
10.2.5   Regulatory Approvals
10.3   Biopsy Devices Ecosystem Active Players
10.4   Global vs. Chinese Players’ Analysis
10.5   Company Profiles
10.5.1   Tissue Biopsy Market Players
10.5.1.1   Global Players
10.5.1.1.1   Argon Medical Devices, Inc.
10.5.1.1.1.1   Role of Argon Medical Devices, Inc. in the Global Biopsy Devices Market
10.5.1.1.1.2   Recent Developments
10.5.1.1.1.3   Analyst Perspective
10.5.1.1.2   B. Braun SE
10.5.1.1.2.1   Role of B. Braun SE in the Global Biopsy Devices Market
10.5.1.1.2.2   Analyst Perspective
10.5.1.1.3   Becton, Dickinson and Company
10.5.1.1.3.1   Role of Becton, Dickinson and Company in the Global Biopsy Devices Market
10.5.1.1.3.2   Recent Developments
10.5.1.1.3.3   Analyst Perspective
10.5.1.1.4   Boston Scientific Corporation
10.5.1.1.4.1   Role of Boston Scientific Corporation in the Global Biopsy Devices Market
10.5.1.1.4.2   Analyst Perspective
10.5.1.1.5   Cardinal Health, Inc.
10.5.1.1.5.1   Role of Cardinal Health, Inc. in the Global Biopsy Devices Market
10.5.1.1.5.2   Analyst Perspective
10.5.1.1.6   Cook Group Incorporated
10.5.1.1.6.1   Role of Cook Group Incorporated in the Global Biopsy Devices Market
10.5.1.1.6.2   Analyst Perspective
10.5.1.1.7   Conmed Corporation
10.5.1.1.7.1   Role of Conmed Corporation in the Global Biopsy Devices Market
10.5.1.1.7.2   Analyst Perspective
10.5.1.1.8   FUJIFILM Holdings Corporation
10.5.1.1.8.1   Role of FUJIFILM Holdings Corporation in the Global Biopsy Devices Market
10.5.1.1.8.2   Analyst Perspective
10.5.1.1.9   GE HealthCare
10.5.1.1.9.1   Role of GE HealthCare in the Global Biopsy Devices Market
10.5.1.1.9.2   Recent Developments
10.5.1.1.9.3   Analyst Perspective
10.5.1.1.10   Inrad, Inc.
10.5.1.1.10.1   Role of Inrad, Inc. in the Global Biopsy Devices Market
10.5.1.1.10.2   Analyst Perspective
10.5.1.1.11   Medtronic plc
10.5.1.1.11.1   Role of Medtronic plc in the Global Biopsy Devices Market
10.5.1.1.11.2   Analyst Perspective
10.5.1.1.12   Olympus Corporation
10.5.1.1.12.1   Role of Olympus Corporation in the Global Biopsy Devices Market
10.5.1.1.12.2   Recent Developments
10.5.1.1.12.3   Analyst Perspective
10.5.1.1.13   Siemens Healthineers AG
10.5.1.1.13.1   Role of Siemens Healthineers AG in the Global Biopsy Devices Market
10.5.1.1.13.2   Recent Developments
10.5.1.1.13.3   Analyst Perspective
10.5.1.1.14   Stryker Corporation
10.5.1.1.14.1   Role of Stryker Corporation in the Global Biopsy Devices Market
10.5.1.1.14.2   Analyst Perspective
10.5.1.1.15   Zamar Care
10.5.1.1.15.1   Role of Zamar Care in the Global Biopsy Devices Market
10.5.1.1.15.2   Analyst Perspective
10.5.1.2   Chinese Players
10.5.1.2.1   Changzhou Jiuhong Medical Instrument Co., Ltd.
10.5.1.2.1.1   Role of Changzhou Jiuhong Medical Instrument Co., Ltd. in the Global Biopsy Devices Market
10.5.1.2.1.2   Analyst Perspective
10.5.1.2.2   Kindly (KDL) Meditech
10.5.1.2.2.1   Role of Kindly (KDL) Meditech in the Global Biopsy Devices Market
10.5.1.2.2.2   Recent Developments
10.5.1.2.2.3   Analyst Perspective
10.5.1.2.3   Ningbo Xinwell Medical Technology Co., LTD.
10.5.1.2.3.1   Role of Ningbo Xinwell Medical Technology Co., LTD. in the Global Biopsy Devices Market
10.5.1.2.3.2   Analyst Perspective
10.5.1.2.4   Shenzhen Manners Technology Co., Ltd.
10.5.1.2.4.1   Role of Shenzhen Manners Technology Co., Ltd. in the Global Biopsy Devices Market
10.5.1.2.4.2   Analyst Perspective
10.5.1.2.5   Zhejiang Soudon Medical Technology Co., Ltd
10.5.1.2.5.1   Role of Zhejiang Soudon Medical Technology Co., Ltd in the Global Biopsy Devices Market
10.5.1.2.5.2   Recent Developments
10.5.1.2.5.3   Analyst Perspective
10.5.2   Liquid Biopsy Market Players
10.5.2.1.1   Agilent Technologies, Inc.
10.5.2.1.1.1   Role of Agilent Technologies, Inc. in the Global Biopsy Devices Market
10.5.2.1.1.2   Recent Developments
10.5.2.1.1.3   Analyst Perspective
10.5.2.1.2   BGI Group
10.5.2.1.2.1   Role of BGI Group in the Global Biopsy Devices Market
10.5.2.1.2.2   Recent Developments
10.5.2.1.2.3   Analyst Perspective
10.5.2.1.3   Biocept, Inc.
10.5.2.1.3.1   Role of Biocept, Inc. in the Global Biopsy Devices Market
10.5.2.1.3.2   Recent Developments
10.5.2.1.3.3   Analyst Perspective
10.5.2.1.4   Bio-Rad Laboratories, Inc.
10.5.2.1.4.1   Role of Bio-Rad Laboratories, Inc. in the Global Biopsy Devices Market
10.5.2.1.4.2   Recent Developments
10.5.2.1.4.3   Analyst Perspective
10.5.2.1.5   Dxcover Limited
10.5.2.1.5.1   Role of Dxcover Limited in the Global Biopsy Devices Market
10.5.2.1.5.2   Recent Developments
10.5.2.1.5.3   Analyst Perspective
10.5.2.1.6   Elypta Limited
10.5.2.1.6.1   Role of Elypta Limited in the Global Biopsy Devices Market
10.5.2.1.6.2   Recent Developments
10.5.2.1.6.3   Analyst Perspective
10.5.2.1.7   F. Hoffmann-La Roche Ltd
10.5.2.1.7.1   Role of F. Hoffmann-La Roche Ltd in the Global Biopsy Devices Market
10.5.2.1.7.2   Recent Developments
10.5.2.1.7.3   Analyst Perspective
10.5.2.1.8   Illumina, Inc.
10.5.2.1.8.1   Role of Illumina, Inc. in the Global Biopsy Devices Market
10.5.2.1.8.2   Recent Developments
10.5.2.1.8.3   Analyst Perspective
10.5.2.1.9   Micronoma
10.5.2.1.9.1   Role of Micronoma in the Global Biopsy Devices Market
10.5.2.1.9.2   Recent Developments
10.5.2.1.9.3   Analyst Perspective
10.5.2.1.10   QIAGEN
10.5.2.1.10.1   Role of QIAGEN in the Global Biopsy Devices Market
10.5.2.1.10.2   Recent Developments
10.5.2.1.10.3   Analyst Perspective
10.5.2.1.11   Revvity, Inc.
10.5.2.1.11.1   Role of Revvity, Inc. in the Global Biopsy Devices Market
10.5.2.1.11.2   Recent Developments
10.5.2.1.11.3   Analyst Perspective
10.5.2.1.12   Sysmex Corporation
10.5.2.1.12.1   Role of Sysmex Corporation in the Global Biopsy Devices Market
10.5.2.1.12.2   Analyst Perspective
10.5.2.1.13   Thermo Fisher Scientific Inc.
10.5.2.1.13.1   Role of Thermo Fisher Scientific Inc. in the Global Biopsy Devices Market
10.5.2.1.13.2   Recent Developments
10.5.2.1.13.3   Analyst Perspective

Table 1:   Global Cancer Burden (by Cancer Type), 2020 and 2030
Table 2:   Global Biopsy Devices Market, Key Developments Analysis, January 2020-September 2023
Table 3:   Key Questions Answered in the Report
Table 4:   Global Biopsy Devices Market, Product Benchmarking by Tissue Biopsy
Table 5:   Global Biopsy Devices Market, Product Benchmarking by Liquid Biopsy
Table 6:   Some of the Guidance Systems Offered by Key Players
Table 7:   Some of the Automated Systems Offered by Key Players
Table 8:   Some of the Semi-Automated Systems Offered by Key Players
Table 9:   Some of the Needles Offered by Key Players
Table 10:   Biopsy Devices Ecosystem Active Players
Table 11:   Multinational Corporations (MNCs) vs. Local Players

Figure 1:   Global Biopsy Devices Market, $Million, 2022-2027
Figure 2:   Global Biopsy Devices Market, Market Dynamics
Figure 3:   Global Biopsy Devices Market, Impact Analysis
Figure 4:   Comparative Analysis of Tissue Biopsy and Liquid Biopsy
Figure 5:   Global Biopsy Devices Market (by Product Type), % Share, 2022 and 2027
Figure 6:   Global Biopsy Devices Market (by Guidance Technique), %Share, 2022 and 2027
Figure 7:   Impact of COVID-19
Figure 8:   Global Biopsy Devices Market (by Region)
Figure 9:   Global Biopsy Devices Market Segmentation
Figure 10:   Global Biopsy Devices Market: Research Methodology
Figure 11:   Primary Research Methodology
Figure 12:   Bottom-Up Approach (Segment-Wise Analysis)
Figure 13:   Top-Down Approach (Segment-Wise Analysis)
Figure 14:   Global Biopsy Devices Market, Patent Analysis (by Year), January 2020-December 2022
Figure 15:   Global Biopsy Devices Market, Patent Analysis (by Country), January 2020-December 2022
Figure 16:   Impact of COVID-19 on Manufacturers
Figure 17:   Global Biopsy Devices Market, Tissue Biopsy Impact Analysis
Figure 18:   Incidence of Cancer (by Region), 2020-2040
Figure 19:   Synergistic Activities, 2022-2023
Figure 20:   Global Biopsy Devices Market (by Product Type)
Figure 21:   Global Biopsy Devices Market (by Product Type), Market Size, 2022 and 2027
Figure 22:   Growth-Share Analysis for Global Biopsy Devices Market (by Product Type), 2022-2027
Figure 23:   Global Biopsy Devices Market (Tissue Biopsy), $Million, 2022-2027
Figure 24:   Global Biopsy Devices Market (Tissue Biopsy Devices), $Million, 2022-2027
Figure 25:   Global Biopsy Devices Market (Needle Biopsy Devices), $Million, 2022-2027
Figure 26:   Global Biopsy Devices Market (Guidance Systems), $Million, 2022-2027
Figure 27:   Global Biopsy Devices Market (Biopsy Consoles), $Million, 2022-2027
Figure 28:   Global Biopsy Devices Market (Site Markers), $Million, 2022-2027
Figure 29:   Global Biopsy Devices Market (Biopsy Guns), $Million, 2022-2027
Figure 30:   Global Biopsy Devices Market (Automated Systems), $Million, 2022-2027
Figure 31:   Global Biopsy Devices Market (Semi-Automated Systems), $Million, 2022-2027
Figure 32:   Global Biopsy Devices Market (Needles), $Million, 2022-2027
Figure 33:   Global Biopsy Devices Market (Skin Biopsy), $Million, 2022-2027
Figure 34:   Global Biopsy Devices Market (Punch Biopsy Instruments), $Million, 2022-2027
Figure 35:   Global Biopsy Devices Market (Shave Biopsy Instruments), $Million, 2022-2027
Figure 36:   Global Biopsy Devices Market (Consumables), $Million, 2022-2027
Figure 37:   Global Biopsy Devices Market (Forceps), $Million, 2022-2027
Figure 38:   Global Biopsy Devices Market (Trocars), $Million, 2022-2027
Figure 39:   Global Biopsy Devices Market (Trays), $Million, 2022-2027
Figure 40:   Global Biopsy Devices Market (Other Consumables), $Million, 2022-2027
Figure 41:   Global Biopsy Devices Market (Consumables (by Biopsy Type)), $Million, 2022-2027
Figure 42:   Global Biopsy Devices Market (Liquid Biopsy), $Million, 2022-2027
Figure 43:   Global Biopsy Devices Market (Testing Service), $Million, 2022-2027
Figure 44:   Global Biopsy Devices Market (Kits), $Million, 2022-2027
Figure 45:   Global Biopsy Devices Market (Platform), $Million, 2022-2027
Figure 46:   Global Biopsy Devices Market (Consumables), $Million, 2022-2027
Figure 47:   Global Biopsy Devices Market (by Biopsy Type)
Figure 48:   Global Biopsy Devices Market (by Biopsy Type), Market Size, 2022 and 2027
Figure 49:   Growth-Share Analysis for Global Biopsy Devices Market (by Biopsy Type), 2022-2027
Figure 50:   Global Biopsy Devices Market (Tissue Biopsy), $Million, 2022-2027
Figure 51:   Global Biopsy Devices Market (Needle Biopsy), $Million, 2022-2027
Figure 52:   Global Biopsy Devices Market (Surgical Biopsy), $Million, 2022-2027
Figure 53:   Global Biopsy Devices Market (Skin Biopsy), $Million, 2022-2027
Figure 54:   Global Biopsy Devices Market (Liquid Biopsy), $Million, 2022-2027
Figure 55:   Global Biopsy Devices Market (by Anatomy)
Figure 56:   Global Biopsy Devices Market (by Anatomy), Market Size, 2022 and 2027
Figure 57:   Growth-Share Analysis for Global Biopsy Devices Market (by Anatomy), 2022-2027
Figure 58:   Global Biopsy Devices Market (Tissue Biopsy), $Million, 2022-2027
Figure 59:   Global Biopsy Devices Market (Breast), $Million, 2022-2027
Figure 60:   Global Biopsy Devices Market (Lung), $Million, 2022-2027
Figure 61:   Global Biopsy Devices Market (Bone), $Million, 2022-2027
Figure 62:   Global Biopsy Devices Market (Liver), $Million, 2022-2027
Figure 63:   Global Biopsy Devices Market (Uterus/Cervix/Ovary), $Million, 2022-2027
Figure 64:   Global Biopsy Devices Market (Abdomen), $Million, 2022-2027
Figure 65:   Global Biopsy Devices Market (Prostate), $Million, 2022-2027
Figure 66:   Global Biopsy Devices Market (Cardiac), $Million, 2022-2027
Figure 67:   Global Biopsy Devices Market (Skin), $Million, 2022-2027
Figure 68:   Global Biopsy Devices Market (Others), $Million, 2022-2027
Figure 69:   Global Biopsy Devices Market (Liquid Biopsy), $Million, 2022-2027
Figure 70:   Global Biopsy Devices Market (Breast), $Million, 2022-2027
Figure 71:   Global Biopsy Devices Market (Lung), $Million, 2022-2027
Figure 72:   Global Biopsy Devices Market (Prostate), $Million, 2022-2027
Figure 73:   Global Biopsy Devices Market (Others), $Million, 2022-2027
Figure 74:   Global Biopsy Devices Market (by Disease Type)
Figure 75:   Global Biopsy Devices Market (by Disease Type), Market Size, 2022 and 2027
Figure 76:   Growth-Share Analysis for Global Biopsy Devices Market (by Disease Type), 2022-2027
Figure 77:   Global Biopsy Devices Market (Tissue Biopsy), $Million, 2022-2027
Figure 78:   Global Biopsy Devices Market (Cancer), $Million, 2022-2027
Figure 79:   Global Biopsy Devices Market (Infections), $Million, 2022-2027
Figure 80:   Global Biopsy Devices Market (Autoimmune Disorders), $Million, 2022-2027
Figure 81:   Global Biopsy Devices Market (Others), $Million, 2022-2027
Figure 82:   Global Biopsy Devices Market (Liquid Biopsy), $Million, 2022-2027
Figure 83:   Global Biopsy Devices Market (Cancer), $Million, 2022-2027
Figure 84:   Global Biopsy Devices Market (Non-Cancerous Indications), $Million, 2022-2027
Figure 85:   Global Biopsy Devices Market (by Guidance Technique)
Figure 86:   Global Biopsy Devices Market (by Guidance Technique), Market Size, 2022 and 2027
Figure 87:   Growth-Share Analysis for Global Biopsy Devices Market (by Guidance Technique), 2022-2027
Figure 88:   Global Biopsy Devices Market (Ultrasound-Guided Biopsy), $Million, 2022-2027
Figure 89:   Global Biopsy Devices Market (X-Ray-Guided Biopsy), $Million, 2022-2027
Figure 90:   Global Biopsy Devices Market (MRI-Guided Biopsy), $Million, 2022-2027
Figure 91:   Global Biopsy Devices Market (CT-Guided Biopsy), $Million, 2022-2027
Figure 92:   Global Biopsy Devices Market, by Region
Figure 93:   Americas Biopsy Devices Market, $Million, 2022-2027
Figure 94:   Americas Biopsy Devices Market (by Tissue Biopsy), $Million, 2022-2027
Figure 95:   Americas Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 96:   Americas Biopsy Devices Market (by Tissue Biopsy Device), $Million, 2022-2027
Figure 97:   Americas Biopsy Devices Market (by Needle Biopsy Devices), $Million, 2022-2027
Figure 98:   Americas Biopsy Devices Market (by Biopsy Type), $Million, 2022-2027
Figure 99:   Americas Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 100:   Americas Biopsy Devices Market (by Liquid Biopsy), $Million, 2022-2027
Figure 101:   Americas Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 102:   Americas Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 103:   Americas Biopsy Devices Market (by Disease Type), $Million, 2022-2027
Figure 104:   Estimated New Cases and Deaths, U.S., 2023
Figure 105:   U.S. Biopsy Devices Market, $Million, 2022-2027
Figure 106:   U.S. Biopsy Devices Market (by Tissue Biopsy), $Million, 2022-2027
Figure 107:   U.S. Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 108:   U.S. Biopsy Devices Market (by Tissue Biopsy Devices), $Million, 2022-2027
Figure 109:   U.S. Biopsy Devices Market (by Needle Biopsy Devices), $Million, 2022-2027
Figure 110:   U.S. Biopsy Devices Market (by Biopsy Type), $Million, 2022-2027
Figure 111:   U.S. Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 112:   U.S. Biopsy Devices Market (by Liquid Biopsy), $Million, 2022-2027
Figure 113:   U.S. Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 114:   U.S. Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 115:   U.S. Biopsy Devices Market (by Disease Type), $Million, 2022-2027
Figure 116:   Incidence of Cancer, EU5, 2020-2040
Figure 117:   EMEA Biopsy Devices Market, $Million, 2022-2027
Figure 118:   EMEA Biopsy Devices Market (by Tissue Biopsy), $Million, 2022-2027
Figure 119:   EMEA Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 120:   EMEA Biopsy Devices Market (by Tissue Biopsy Devices), $Million, 2022-2027
Figure 121:   EMEA Biopsy Devices Market (by Needle Biopsy Devices), $Million, 2022-2027
Figure 122:   EMEA Biopsy Devices Market (by Biopsy Type), $Million, 2022-2027
Figure 123:   EMEA Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 124:   EMEA Biopsy Devices Market (by Liquid Biopsy), $Million, 2022-2027
Figure 125:   EMEA Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 126:   EMEA Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 127:   EMEA Biopsy Devices Market (by Disease Type), $Million, 2022-2027
Figure 128:   Incidence of Cancer and Mortality, Germany, 2020-2040
Figure 129:   Germany Biopsy Devices Market, $Million, 2022-2027
Figure 130:   Germany Biopsy Devices Market (by Tissue Biopsy), $Million, 2022-2027
Figure 131:   Germany Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 132:   Germany Biopsy Devices Market (by Tissue Biopsy Devices), $Million, 2022-2027
Figure 133:   Germany Biopsy Devices Market (by Needle Biopsy Devices), $Million, 2022-2027
Figure 134:   Germany Biopsy Devices Market (by Biopsy Type), $Million, 2022-2027
Figure 135:   Germany Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 136:   Germany Biopsy Devices Market (by Liquid Biopsy), $Million, 2022-2027
Figure 137:   Germany Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 138:   Germany Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 139:   Germany Biopsy Devices Market (by Disease Type), $Million, 2022-2027
Figure 140:   Incidence of Cancer, U.K., 2020-2040
Figure 141:   U.K. Biopsy Devices Market, $Million, 2022-2027
Figure 142:   U.K. Biopsy Devices Market (by Tissue Biopsy), $Million, 2022-2027
Figure 143:   U.K. Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 144:   U.K. Biopsy Devices Market (by Tissue Biopsy Devices), $Million, 2022-2027
Figure 145:   U.K. Biopsy Devices Market (by Needle Biopsy Devices), $Million, 2022-2027
Figure 146:   U.K. Biopsy Devices Market (by Biopsy Type), $Million, 2022-2027
Figure 147:   U.K. Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 148:   U.K. Biopsy Devices Market (by Liquid Biopsy), $Million, 2022-2027
Figure 149:   U.K. Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 150:   U.K. Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 151:   U.K. Biopsy Devices Market (by Disease Type), $Million, 2022-2027
Figure 152:   Incidence of Cancer, France, 2020-2040
Figure 153:   France Biopsy Devices Market, $Million, 2022-2027
Figure 154:   France Biopsy Devices Market (by Tissue Biopsy), $Million, 2022-2027
Figure 155:   France Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 156:   France Biopsy Devices Market (by Tissue Biopsy Devices), $Million, 2022-2027
Figure 157:   France Biopsy Devices Market (by Needle Biopsy Devices), $Million, 2022-2027
Figure 158:   France Biopsy Devices Market (by Biopsy Type), $Million, 2022-2027
Figure 159:   France Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 160:   France Biopsy Devices Market (by Liquid Biopsy), $Million, 2022-2027
Figure 161:   France Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 162:   France Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 163:   France Biopsy Devices Market (by Disease Type), $Million, 2022-2027
Figure 164:   Incidence of Prostate Cancer, Asia, 2020-2040
Figure 165:   Asia-Pacific Biopsy Devices Market, $Million, 2022-2027
Figure 166:   Asia-Pacific Biopsy Devices Market (by Tissue Biopsy), $Million, 2022-2027
Figure 167:   Asia-Pacific Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 168:   Asia-Pacific Biopsy Devices Market (by Tissue Biopsy Devices), $Million, 2022-2027
Figure 169:   Asia-Pacific Biopsy Devices Market (by Needle Biopsy Devices), $Million, 2022-2027
Figure 170:   Asia-Pacific Biopsy Devices Market (by Biopsy Type), $Million, 2022-2027
Figure 171:   Asia-Pacific Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 172:   Asia-Pacific Biopsy Devices Market (by Liquid Biopsy), $Million, 2022-2027
Figure 173:   Asia-Pacific Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 174:   Asia-Pacific Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 175:   Asia-Pacific Biopsy Devices Market (by Disease Type), $Million, 2022-2027
Figure 176:   Incidence of Cancer, China, 2020-2040
Figure 177:   China Biopsy Devices Market, $Million, 2022-2027
Figure 178:   China Biopsy Devices Market (by Tissue Biopsy), $Million, 2022-2027
Figure 179:   China Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 180:   China Biopsy Devices Market (by Tissue Biopsy Devices), $Million, 2022-2027
Figure 181:   China Biopsy Devices Market (by Needle Biopsy Devices), $Million, 2022-2027
Figure 182:   China Biopsy Devices Market (by Biopsy Type), $Million, 2022-2027
Figure 183:   China Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 184:   China Biopsy Devices Market (by Liquid Biopsy), $Million, 2022-2027
Figure 185:   China Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 186:   China Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 187:   China Biopsy Devices Market (by Disease Type), $Million, 2022-2027
Figure 188:   Incidence of Cancer, India, 2020-2040
Figure 189:   India Biopsy Devices Market, $Million, 2022-2027
Figure 190:   India Biopsy Devices Market (by Tissue Biopsy), $Million, 2022-2027
Figure 191:   India Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 192:   India Biopsy Devices Market (by Tissue Biopsy Devices), $Million, 2022-2027
Figure 193:   India Biopsy Devices Market (by Needle Biopsy Devices), $Million, 2022-2027
Figure 194:   India Biopsy Devices Market (by Biopsy Type), $Million, 2022-2027
Figure 195:   India Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 196:   India Biopsy Devices Market (by Liquid Biopsy), $Million, 2022-2027
Figure 197:   India Biopsy Devices Market (by Product Type), $Million, 2022-2027
Figure 198:   India Biopsy Devices Market (by Anatomy), $Million, 2022-2027
Figure 199:   India Biopsy Devices Market (by Disease Type), $Million, 2022-2027
Figure 200:   Share of Key Developments and Strategies, January 2020-September 2023
Figure 201:   Number of Synergistic Activities (by Year), January 2020-September 2023
Figure 202:   Number of Product and Service Launches (by Year), January 2020-September 2023
Figure 203:   Number of Regulatory Accreditations (by Year), January 2020-September 2023
Figure 204:   Number of Mergers and Acquisitions (by Year), January 2020-September 2023
Figure 205:   Number of Regulatory Approvals (by Year), January 2020-September 2023
Figure 206:   Company Overview
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Biopsy Devices Market Report Coverage

Biopsy Devices Market
Base Year	2022	Market Size in 2022	$5,852.8 Million
Forecast Period	2023-2027	Value Projection and Estimation by 2027	$11,869.4 Million
CAGR During Forecast Period	15.15%	Number of Tables	11
Number of Pages	285	Number of Figures	238

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysing company coverage, product portfolio, and market penetration.

Key Companies Profiled:

•   Argon Medical Devices, Inc.
•   B. Braun SE
•   Becton, Dickinson and Company
•   Boston Scientific Corporation
•   Cardinal Health, Inc.
•   Cook Group Incorporated
•   Conmed Corporation
•   FUJIFILM Holdings Corporation
•   GE Healthcare
•   Inrad, Inc.
•   Medtronic plc
•   Olympus Corporation
•   Siemens Healthineers AG
•   Stryker Corporation
•   Zamar Care
•   Changzhou Jiuhong Medical Instrument Co., Ltd.
•   Kindly (KDL) Meditech
•   Ningbo Xinwell Medical Technology Co., LTD.
•   Shenzhen Manners Technology Co., Ltd.
•   Zhejiang Soudon Medical Technology Co., Ltd
•   Agilent Technologies, Inc.
•   BGI Group
•   Biocept, Inc.
•   Bio-Rad Laboratories, Inc.
•   Dxcover Limited
•   Elypta Limited
•   F. Hoffmann-La Roche Ltd
•   Illumina, Inc.
•   Micronoma
•   QIAGEN
•   Revvity, Inc.
•   Sysmex Corporation
•   Thermo Fisher Scientific Inc.

How can this report add value to an organization?

Product/Innovation Strategy: The global biopsy devices market has been extensively segmented based on various categories, such as products, types, guidance techniques, and regions. All the regions and countries include a detailed analysis based on product type, biopsy type, and anatomy for tissue biopsy. At the same time, for liquid biopsy, the region segmentation includes analysis based on product type, biopsy type, disease type, and anatomy. This can help readers get a clear overview of which segments account for the largest share and which ones are well-positioned to grow in the coming years.

Growth/Marketing Strategy: Product and service launches, and synergistic activities accounted for the maximum number of key developments, i.e., nearly 67.96% of the total developments in the global biopsy devices market were between January 2021 and September 2023.

Competitive Strategy: The global biopsy devices market has numerous established players that have paved their way into providing tissue biopsy and liquid biopsy products in the market. Key players in the global biopsy devices market analyzed and profiled in the study involve established players offering various guidance systems, automated systems, semi-automated systems, and consumables, namely, trocars, biopsy forceps, and others, used in needle biopsy, skin biopsy, and surgical biopsy. At the same time, liquid biopsy includes assays/kits, instruments/platforms, and consumables.

Methodology

Key Considerations and Assumptions in Market Engineering and Validation

•   Detailed secondary research was performed to ensure maximum coverage of manufacturers/suppliers operational in a country.
•   Exact revenue information, up to a certain extent, was extracted for each company from secondary sources and databases. The revenues specific to the product/biopsy type/disease type/anatomy/guidance technique were then estimated for each market player based on fact-based proxy indicators as well as primary inputs.
•   The scope of this report has been carefully derived based on interactions with experts in different companies across the world. This report provides a market study of biopsy devices.
•   The market contribution of the biopsy devices anticipated to be launched in the future has been calculated based on historical analysis. This analysis has been supported by proxy factors such as the innovation scale of the companies, the status of funding, collaborations, customer base, and patent scenario.
•   The scope of availability of biopsy devices in a particular region has been assessed based on a comprehensive analysis of companies’ prospects, the regional end-user perception, and other factors impacting the launch of biopsy devices in that region.
•   The base year considered for the calculation of the market size is 2022. A historical year analysis has been done for the period FY2018-FY2021. The market size has been estimated for FY2022 and projected for the period FY2023-FY2027.
•   Revenues of the companies have been referenced from their annual reports for FY2021 and FY2022. For private companies, revenues have been estimated based on factors such as inputs obtained from primary research, funding history, product approval status, market collaborations, and operational history.
•   Regional distribution of the market revenue has been estimated based on the companies in each region and the adoption rate of biopsy devices. All the numbers have been adjusted to a single digit after the decimal for better presentation in the report. However, the real figures have been utilized for compound annual growth rate (CAGR) estimation. The CAGR has been calculated for the period 2023-2030.
•   The market has been mapped based on the available biopsy devices. All the key companies with significant offerings in this field have been considered and profiled in this report.
•   Market strategies and developments of key players have been considered for the calculation of the potential of the market in the forecast period.

Primary Research:

The primary sources involve industry experts in the biopsy devices market, including the market players offering tissue biopsy products and liquid biopsy products. Resources such as COOs, vice presidents, product managers, directors, territory managers, and business development have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.

The key data points taken from the primary sources include:

•   Validation and triangulation of all the numbers and graphs
•   Validation of the report’s segmentation and key qualitative findings for biopsy devices
•   Understanding the competitive landscape and business model
•   Current and proposed production values of a product by market players
•   Validation of the numbers of the different segments of the market in focus
•   Percentage split of individual markets for regional analysis

Secondary Research

Open Sources

•   National Center for Biotechnology Information (NCBI), PubMed, Science Direct, American Heart Association (AHA), Mayo Clinic, World Health Organization (WHO), American Cancer Society, Statistics Canada, Pediatric Surgery, GLOBOCAN, Frontiers in Surgery, African Journal of Urology, Journal of Medical Imaging and Radiation Oncology, Union for International Cancer Control (UICC), Clinical and Molecular Hepatology, Elsevier, World Journal of Urology, ClinicoEconomics and Outcomes Research, Springer, and BJR Open
•   Annual reports, SEC filings, and investor presentations of the leading market players
•   Company websites and detailed study of their portfolios
•   Gold standard magazines, journals, whitepapers, press releases, and news articles
•   Databases

The key data points taken from the secondary sources include:

•   Segmentation and percentage share estimates
•   company and country understanding, and data for market value estimation
•   Key industry/market trends
•   Developments among top players
•   Qualitative insights into various aspects of the market, key trends, and emerging areas of innovation
•   Quantitative data for mathematical and statistical calculations

Biopsy Devices Industry and Technology Overview

Introduction to Biopsy Devices Market

The global biopsy devices market is projected to reach $11,869.4 million by 2027 from $5,852.8 million in 2022, growing at a CAGR of 15.15% during the forecast period 2023-2027. The key factors driving the growth of the global biopsy devices market include an upsurge in the incidence of cancer leading to growth in the adoption of biopsy devices, diverse applications of biopsy procedures facilitating the growth of the biopsy devices market, rising government initiatives for early cancer detection driving the utilization of biopsy devices.

Market Introduction

Biopsy devices are medical instruments used to collect tissue samples from the body. They are used to diagnose a variety of conditions, including cancer, infections, and inflammatory diseases. Biopsy devices can be used to collect tissue samples from a variety of sites, including the skin, breasts, lungs, liver, and kidneys. Biopsy devices are an essential tool for diagnosing and monitoring a variety of medical conditions. By helping to improve the accuracy, safety, and convenience of biopsies, new biopsy devices are helping to improve the lives of patients around the world.

Impact Analysis:

The biopsy devices market has made an impact in the following ways:

Shift from Conventional Biopsies to Minimally Invasive Biopsies: The global biopsy devices market has been witnessing a significant shift toward the use of needle-based biopsy instruments, marking a transformative shift in diagnostic and monitoring practices. This trend is driven by several factors that collectively redefine the landscape of medical biopsies. For instance, needle-based biopsy offers a minimally invasive surgical alternative to traditional surgical biopsies, reducing patient discomfort and accelerating recovery times. Furthermore, needle-based biopsies are versatile, extending beyond cancer diagnosis to encompass liver diseases, infectious diseases, autoimmune disorders, and therapeutic monitoring, which eventually helps in early diagnosis and treatment of other chronic ailments.

Improved accuracy and precision of diagnosis: Biopsy devices have become increasingly accurate and precise over time, leading to earlier and more accurate diagnosis of diseases such as cancer.

Improved patient outcomes: By improving the accuracy, precision, and accessibility of biopsy procedures, biopsy devices have helped to improve patient outcomes for a wide range of diseases.

Integration of Advanced Imaging Technologies with Biopsy: The integration of advanced imaging technologies with biopsies represents a pivotal trend in the global biopsy devices market, signaling a paradigm shift in diagnostic and treatment approaches. This trend is characterized by the synergistic use of advanced imaging technologies with biopsy to enhance precision, reduce invasiveness, and improve patient recovery outcomes.

Research and Development: Continued growth in the biopsy market has encouraged further research and development in biopsy devices. This might include exploring new technologies and delivery methods to continually improve patient diagnosis, treatment, and recovery outcomes.

Impact of COVID-19

The COVID-19 pandemic led to a decrease in both cancer cases and biopsy procedures, and this decline could be attributed to several factors. The pandemic necessitated the postponement of various medical services, including cancer screening and diagnosis, due to the restrictions put in place to combat the epidemic. Consequently, there was a reduction in the number of cancer diagnostic tests conducted. Moreover, the pandemic resulted in significant drops in physician E&M visits, the administration of cancer screening tests, and cancer screening rates, including those for low-dose CT scans employed in the detection of lung cancer. Additionally, in specific regions, the pandemic caused a reduction in cancer resection surgeries and small biopsy diagnostic procedures, potentially leading to delayed diagnoses in various medical disciplines.

Market Segmentation:

Segmentation 1: by Product
•   Tissue Biopsy
o   Tissue Biopsy Devices
o   Consumables
•   Liquid Biopsy
o   Test Service
o   Kits
o   Platforms
o   Consumables

Tissue Biopsy: A tissue biopsy is a medical procedure in which a small sample of tissue is removed from the patient's body for examination under a microscope. Biopsies are performed for a variety of reasons, including to diagnose cancer, other diseases, or infections. They can also be used to monitor the progression of a disease or to assess the response to treatment.

Liquid Biopsy: A liquid biopsy is a non-invasive test that can be used to detect cancer cells and DNA in the blood. It is a newer type of biopsy that is still under development, but it has the potential to revolutionize the way cancer is diagnosed and monitored.

Segmentation 2: by Biopsy Type
•   Tissue Biopsy
o   Needle Biopsy
o   Skin Biopsy
o   Surgical Biopsy
•   Liquid Biopsy

Based on biopsy type, the biopsy devices market is led by liquid biopsy, which held a 53.38% share in 2022.

Segmentation 3: by Disease Type
•   Tissue Biopsy
o   Cancer
o   Infections
o   Autoimmune Disorders
o   Others
•   Liquid Biopsy
o   Cancer
o   Non-Cancerous Indications

Segmentation 4: by Anatomy
•   Tissue Biopsy
o   Breast
o   Lung
o   Bone
o   Liver
o   Uterus/Cervix/Ovary
o   Abdomen
o   Prostate
o   Cardiac
o   Skin
o   Others
•   Liquid Biopsy
o   Breast
o   Lung
o   Prostate
o   Others

Segmentation 5: by Guidance Technique
•   X-Ray-Guided Biopsy
•   Ultrasound-Guided Biopsy
•   MRI-Guided Biopsy
•   CT-Guided Biopsy

Based on guidance technique, the X-ray-guided biopsy segment accounted for the largest share of 41.00% in the global biopsy devices market in 2022, and it is expected to grow at a CAGR of 4.68% during the forecast period 2023-2027.

Segmentation 6: by Region*
•   Americas
o   U.S.
•   EMEA
o   Germany
o   U.K.
o   France
•   Asia-Pacific
o   China
o   India

*All the regions and countries include a detailed analysis based on product type, biopsy type, and anatomy for tissue biopsy. At the same time, for liquid biopsy, the region segmentation includes analysis based on product type, biopsy type, disease type, and anatomy.

The U.K. dominated the EMEA biopsy devices market in 2022. The increasing cancer incidence, enhancements in healthcare infrastructure, and the adoption of digital health, resulting in a growing demand for biopsy devices.

Recent Developments in the Biopsy Devices Market

•   In May 2023, Argon Medical Devices, Inc. announced the launch of the SuperCore Advantage Semi-Automatic Biopsy instrument as the latest inclusion in its portfolio of soft tissue biopsy products in the U.S.
•   In May 2022, Terumo India partnered with Argon Medical in the Indian market. Its complementary product lines enabled Terumo to provide comprehensive medical solutions, addressing the growing demand for advanced tools in procedures such as biopsies and deep vein thrombosis treatments.
•   In April 2023, GE Healthcare introduced the bkActiv system for surgical applications. This ultrasound imaging system provides surgeons with the confidence to make informed decisions during their surgical procedures.
•   In January 2023, GE Healthcare successfully completed an acquisition agreement with the France-based company IMACTIS. In its announcement, GE Healthcare emphasized the potential of IMACTIS' computerized tomography (CT) navigation product, which has received approval for use in both Europe and the U.S. for safety in many ways.
•   In April 2021, Olympus Corporation expanded its U.S. bronchoscopy product line by introducing the H-SteriScope Single-Use Bronchoscopes, a series of five premium endoscopes that received FDA 510(k) clearance. These devices have been designed for advanced diagnostic and therapeutic procedures.
•   In May 2021, Olympus Corporation announced the introduction of the BF-UC190F endobronchial ultrasound bronchoscope, which received FDA 510(k) clearance. This new addition would strengthen its comprehensive EBUS device portfolio, enhancing its capabilities for minimally invasive lung cancer diagnosis and staging through needle biopsy procedures.
•   In July 2022, the Food and Drug Administration granted approval for the incorporation of Siemens Healthineers' mobile imaging technology into Intuitive's robotic-assisted platform for minimally invasive lung biopsies.
•   In April 2023, KDL announced that its disposable biopsy needle received marketing approval.
•   In December 2021, Zhejiang Soudon Medical Technology Co., Ltd. achieved the initial CFDA certificate for its biopsy forceps.
•   In August 2023, Agilent Technologies Inc. halted the operations of its Resolution Bioscience liquid biopsy division. The company disclosed the termination of operations in the division, which the company purchased for $550 million in 2021.
•   In January 2023, Agilent Technologies Inc. announced the acquisition of Avida Biomed.
•   In November 2021, BGI Genomics launched CE-marked lung cancer and pan-cancer detection kits in December 2021 to identify actionable genomic alterations in multiple types of cancer and the genes from liquid biopsy samples of cancer patients.
•   In June 2021, Biocept, Inc. collaborated with Quest Diagnostics to provide advanced NGS-based liquid biopsy testing for patients with lung cancer.
•   In December 2021, Quest Diagnostics announced that it would now offer Biocept Inc.’s liquid biopsy test for lung cancer, thereby expanding its product portfolio of advanced cancer diagnostics.
•   In September 2023, Dxcover Limited announced the augmentation of its executive team to facilitate the progression of its multi-cancer liquid biopsy platform.
•   In February 2023, Dxcover Limited announced that it had raised $11.9 million in Series A and grant financing. The funding would bolster the continuous advancement of Dxcover Limited’s liquid biopsy platform, aimed at detecting early-stage cancers such as those affecting the brain and colorectal region.
•   In February 2022, Dxcover Limited secured the U.S. patent for cancer diagnostic devices, namely, the Dxcover autosampler and the Dxcover brain cancer liquid biopsy. The patent covers all of Dxcover Limited’s hardware, including the Dxcover sample slides and autosampler accessories.

Demand – Drivers and Limitations

Market Demand Drivers:

Upsurge in Incidence of Cancer Leading to Growth in the Adoption of Biopsy Devices: The global biopsy devices market is all set to witness significant expansion, primarily due to the increasing incidence of cancer cases globally. Cancer continues to be a major health concern, eventually leading to a growing demand for precise and early cancer detection. With the rapidly aging global population and lifestyle-related risk factors becoming more prevalent, the occurrence of various cancer types is steadily rising, thereby necessitating the need for biopsy procedures.

Diverse Applications of Biopsy Procedures Facilitating the Growth of Biopsy Devices Market: The diverse applications of biopsy devices beyond cancer diagnosis are a significant factor contributing to the growth of the biopsy devices market. Biopsies are instrumental in diagnosing liver diseases such as hepatitis and non-alcoholic fatty liver disease (NAFLD), addressing the rising global liver disease cases. According to a study published in Clinical and Molecular Hepatology in 2023, titled “Global Incidence and Prevalence of Non-Alcoholic Fatty Liver Disease,” the global burden of NAFLDs has been significant and is projected to rise. Moreover, the research published in 2023 also estimated that NAFLDs had an incidence rate of 46.9 cases per 1,000 people, with indications prevalent in 32% of adults worldwide as of 2022.

Rising Government Initiatives for Early Cancer Detection Driving the Utilization of Biopsy Devices: The increasing focus and initiatives undertaken by governments worldwide to raise awareness about cancer have emerged as a significant driver fueling the adoption of biopsy devices. Governments are recognizing the criticality of early detection and accurate diagnosis in improving cancer outcomes. As a result, active promotion campaigns, screening programs, and the dissemination of information about the benefits of early detection through various channels have been on the rise, especially through social awareness camps and channels under various governments.

Increasing Adoption of Inorganic Growth Strategies in the Market: Due to the ever-rising prevalence of cancers, the need for better products and services is becoming more evident. Several key players are aligning their technologies as per the market requirements to provide technologically advanced products and services by adopting inorganic strategies, such as agreements, partnerships, and collaborations.

With the ultimate aim of grabbing maximum market share through the introduction of effective products in the global biopsy devices market, several companies are coming together to provide better products and services in the domain of liquid biopsy to enable oncologists to effectively monitor and screen several types of cancers.

Market Restraints:

Risk of Infections Associated with Biopsies: Prostate biopsies are vital for diagnosing and monitoring prostate cancer, making it an integral component of urological practice. However, the risk of infection associated with prostate biopsy poses a significant constraint on the growth of biopsy devices.

According to a study published in the World Journal of Urology in 2021, titled “The Negative Aftermath of Prostate Biopsy: Prophylaxis, Complications, and Antimicrobial Stewardship: Results of the Global Prevalence Study of Infections in Urology 2010-2019,” a prostate biopsy is one of the most commonly performed urological procedures globally, with over one million biopsies conducted annually in the U.S. alone.

High Cost of Biopsy Procedures: Liquid biopsy is gaining prominence as an emerging approach for molecular profiling using circulating tumor DNA (ctDNA) for therapeutic decision-making. The non-invasive nature of the technique and rapid results address challenges related to tissue availability and accessibility. Additionally, it can be the preferred approach for obtaining data on emerging resistance mechanisms in patients who have undergone prior treatments.

Market Opportunities:

Upsurge in Incidence of Cancer Leading to Growth in the Adoption of Biopsy Devices: Virtual biopsy represents a potent and non-invasive alternative for monitoring and controlling various cancer types. This innovative imaging-based approach can extract encoded information from standard medical imaging scans and generate probabilities to assist in tissue characterization for cancer screening, diagnosis, grading, treatment planning, and disease prognosis, eliminating the need for surgical or invasive procedures.

In comparison to conventional biopsies, virtual biopsies offer several advantages, including fewer risks of complications for the patient. Moreover, they present a cost-efficient alternative by eliminating the need for an operating room, resulting in lower expenses. Furthermore, patients can benefit from expedited tumor pathology reports, which can significantly impact their treatment timeline.

Analyst’s Thoughts

According to Sara Virmani, Lead Analyst – BIS Research, “The biopsy devices market is a promising sector with steady growth potential, driven by factors such as upsurge in the incidence of cancer leading to growth in the adoption of biopsy devices. Furthermore, there are various opportunities in the market, such as continuous advancements in biopsy devices and techniques, while focusing on global expansion and educational initiatives to enhance product adoption and competitiveness in this evolving healthcare market.”

Global Biopsy Devices Market - A Global and Regional Analysis

Focus on Product Type, Biopsy Type, Anatomy, Disease Type, Guidance Technique, Region, and Competitive Insights and Company Profiles - Analysis and Forecast, 2023-2027

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Frequently Asked Questions

According to BIS Research, the biopsy devices market consists of devices, kits, assays, platforms, and consumables utilized in both tissue biopsy and liquid biopsy for various cancerous and non-cancerous indications.

Product and service launches, and synergistic activities accounted for the maximum number of key developments, i.e., nearly 67.96% of the total developments in the global biopsy devices market, between January 2020 and September 2023. Key players such as Adaptive Biotechnologies, Argon Medical Devices, Inc., Biocartis, GE Healthcare, Thermo Fisher Scientific Inc., and Devicor Medical Products, Inc. have been involved in product launches and synergistic activities to provide comprehensive medical solutions, addressing the growing demand for advanced tools in biopsy procedures and engaging in regulatory accreditations to gain further market share.

The global biopsy devices market was valued $5,852.8 million in 2022 and is expected to reach to $11,869.4 million in 2027, growing at a CAGR of 15.15% during the forecast period 2023-2027.

Argon Medical Devices, Inc., B. Braun SE, Becton, Dickinson and Company, Medtronic plc, Stryker Corporation, F. Hoffmann-La Roche Ltd, Adaptive Biotechnologies, Inc., and Thermo Fisher Scientific Inc.

The following are the USPs of this report:

•   Key trends and opportunity assessment of the market
•   Regulatory framework
•   Product benchmarking
•   Opportunity assessment
•   Patent analysis
•   Competitive benchmarking of key players for each product type
•   Global vs. Chinese players’ analysis
•   Biopsy device ecosystem active players
•   Market dynamics, including drivers, restraints, and opportunities
•   Region and country-level analysis, including market dynamics, market size, and forecast
•   Cross-segmentation at the region level

Companies that manufacture biopsy devices can use this market report to assess market demand, identify competitors, and plan product development and marketing strategies. This report will be useful for firms planning to enter the biopsy devices market and investors looking to invest in the product.

Moreover, healthcare professionals and hospitals can use biopsy devices market report to understand the latest trends, products, and technologies in the biopsy ecosystem. This knowledge can help them make informed decisions about which biopsy devices to use for patient care.

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Published Year: 2022

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A quick peek into the report

Table of Contents

Biopsy Devices Market Report Coverage

How can this report add value to an organization?

Biopsy Devices Industry and Technology Overview

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Global Biopsy Devices Market - A Global and Regional Analysis

Frequently Asked Questions

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Global Biopsy Devices Market - A Global and Regional Analysis

A quick peek into the report

Table of Contents

1 Markets Overview

2 Industry Outlook

3 Global Biopsy Devices Market: Market Dynamics

4 Global Biopsy Devices Market: by Product Type

5 Global Biopsy Devices Market: by Biopsy Type

6 Global Biopsy Devices Market: by Anatomy

7 Global Biopsy Devices Market: by Disease Type

8 Global Biopsy Devices Market: by Guidance Technique

9 Regions

10 Competitive Landscape

List of Tables

List of Figures

Biopsy Devices Market Report Coverage

How can this report add value to an organization?

Biopsy Devices Industry and Technology Overview

$4950

Global Biopsy Devices Market - A Global and Regional Analysis

Frequently Asked Questions

Q: What is a biopsy device?

Q: What kinds of new strategies are being adopted by the existing market players to strengthen their market position in the industry?

Q: What is the current market size and forecast of the global biopsy devices?

Q: Who are the key players in the biopsy device market?

Q: What is the USP of this report?

Q: Who should buy this report?

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