According to FutureWise analysis, the market for Biopsy Devices in 2023 is US$2.59 billion, and is expected to reach US$4.46 billion by 2031 at a CAGR of 7.02%

The biopsy devices market was valued at approximately USD 2.59 billion in 2023 and is expected to grow to around USD 4.46 billion by 2031, reflecting a compound annual growth rate (CAGR) of approximately 7.0% during this period. This significant growth is largely attributed to the increasing incidence of cancer worldwide, which drives the demand for minimally invasive and image-guided biopsy procedures in various clinical environments, including hospitals and diagnostic centers. Advancements in technology, such as ultrasound, CT, and MRI-guided systems, along with innovations like vacuum-assisted devices and single-use trays, are improving diagnostic accuracy, enhancing patient safety, and increasing operational efficiency. Major players in the market, including BD, Cook, Olympus, and Boston Scientific, are focusing on product development and strategic expansions, particularly in North America and rapidly developing regions such as the Asia-Pacific. This expansion is further fueled by the growth of healthcare infrastructure, contributing to the overall market development.

FutureWise Market Research has released a report that provides an intricate analysis of Biopsy Devices Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.

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Biopsy Devices Market Segmentation:

By Product Type

• Needle-Based Biopsy Instruments
  • Core Biopsy Devices
    • Core Biopsy Guns
    • Core Biopsy Needles
  • Aspiration Biopsy Needles
  • Vacuum-Assisted Biopsy Devices
    • Vacuum-Assisted Biopsy Systems
    • Vacuum-Assisted Biopsy Needles
  • Localisation Wires
  • Procedure Trays
  • Others

By Guidance Technique

• Ultrasound-guided Biopsy
• Stereotactic-guided Biopsy
• MRI-Guided Biopsy
• Others

By Application

• Breast Biopsy
• Lung Biopsy
• Colorectal Biopsy
• Prostate Biopsy
• Others

By End User

• Hospitals
• Academic and Research Institutes
• Diagnostic and Imaging Centers

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Competitive Landscape in Biopsy Devices Market:

• C. R. Bard, Inc.
• Becton, Dickinson and Company
• Cook Group Incorporated
• Devicor Medical Products, Inc.
• Argon Medical Devices
• B. Braun Melsungen AG
• Cardinal Health, Inc.
• Olympus Corporation
• Boston Scientific Corporation
• FUJIFILM Holdings Corporation
• INRAD, Inc.
• Medtronic plc
• Hologic, INC.

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**Objectives of this Study: **

1. To provide a comprehensive analysis of the Biopsy Devices Market by Product Type, by Guidance Technique, by Application, by End User, and by Region.
2. To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
3. To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
4. To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

                                                                                                                
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