Biopsy Devices Market

Biopsy Devices Market was valued at USD 760 million and is expected to grow at a CAGR of 21.3% from 2013 to 2019 to reach an estimated value of USD 2,937.3 million by 2019.

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Biopsy devices are growing in importance due to the increasing global incidence of cancer and the growing willingness of patients to spend money on these medical procedures. This report studies the market for biopsy devices in five different product segments, namely, needle-based biopsy guns, biopsy needles, biopsy forceps, biopsy guidance systems and other biopsy devices. Each of these segments has been further divided into sub-segments by type. Market size estimates and forecasts for the period 2010 to 2018 have been given for each of the segments and sub-segments, in terms of USD million, using 2011 as the base year. The CAGR (%) of each market segment for the forecast period of 2012 to 2018 has been provided along with market size estimations.

The market has also been segmented geographically into four regions, namely, North America, Europe, Asia and Rest of the World (RoW), and the respective market sizes and forecasts have been provided for each of these regions. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the global biopsy devices market, and future opportunities is provided in the market overview section. This section also features a detailed market attractiveness analysis and Porter's five force analysis for the biopsy devices market.