Global Biopsy Device Market Forecast & Analysis 2020 Jan 2017 | Page 2

Biopsy Device Market( By Country Wise and Product Segment) and Biopsy Procedure Volume Forecast To 2020- Global Analysis

Biopsy Device Market( By Country Wise and Product Segment) and Biopsy Procedure Volume Forecast To 2020- Global Analysis

Biopsy devices are gaining traction within the industry as a viable alternative to traditional screening methods for cancer. The biopsy device market will experience considerable growth over the forecast period, driven by an increasing number of biopsy procedures. An increasing prevalence of cancer, geriatric population and increasing demand for minimally invasive procedures are expected to drive market growth during the forecast period. Growing patient awareness levels and the advancement in biopsy techniques are also expected to fuel future growth of the market. By Product Segment- Biopsy Device Market Analysis: The market for biopsy guidance systems held the largest share in 2015 and is expected to continue to lead the market throughout the forecasting period. The biopsy guidance systems is followed by the needle based biopsy guns segment. Vacuum-assisted biopsy devices represent the fastest growing segment, and increased Medicare reimbursement given for such procedures is expected to help fuel demand. The market for biopsy needles is expected to remain relatively constant throughout the forecasting period. Forceps and Other devices are expected to account for lesser shares as compared to the other segments, due to their specific applications and also risks associated with their use.
By Country Biopsy Device Market Analysis: United States is the largest regional market for biopsy devices. United States is likely to remain the leading country in biopsy device market throughout the forecasting period. China is the second leading market for biopsy devices being followed by India. Brazil is the fourth most popular country for biopsy devices accounting for XXXX % market share in 2015. Among the European countries, Germany is the leading market for Biopsy device accounting for XXXX % market share in 2015