Global Biopsy Devices Market poised to grow beyond USD 2.46 billion by 2021
Infinium Global Research has undertaken a new report on Global Biopsy Devices Market: Trends Analysis and Forecast 2021. The report presents analysis global as well as regional markets of Biopsy Devices over the period of 2015 to 2021 Moreover, the IGR-Growth Matrix given in the report provides key focus areas and investment areas the market players can focus on. The market size is presented in terms of value for the historic year 2015 and estimated for forecast period of 2016 to 2021.
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The global biopsy devices market is projected to reach USD 2.46 billion by 2021, growing with a CAGR of 6.45% from 2016 to 2021. Growing prevalence of several forms of cancer and a considerable presence of unmet market demand for efficient and accurate cancer diagnostic procedures, especially in resource limited settings such as in emerging economies are expected to support future growth of the industry. The life expectancy of people is increasing due to the presence of sophisticated healthcare infrastructure and rising disposable income levels. This leads to increase in the base of the geriatric population with target diseases, which is expected to drive the biopsy devices industry. The increase in age also leads to decrease in immunity levels making people more prone to various infectious diseases.
In terms of geographic, North America is the largest market for global biopsy devices market followed by Europe and Asia. In North America, the U.S. holds the major share of biopsy devices market due to increasing prevalence of cancer. This increasing prevalence of cancer requires biopsy procedures for diagnosis and treatment of the disease. In Europe, Germany, France and the U.K. are the largest countries for global biopsy devices market.
Moreover the report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand globally as well as regionally. Moreover, Infinium Global Research- Growth Matrix (IGR- Growth Matrix) given in the report brings an insight on the investment areas that existing or new market players can consider.
The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of Biopsy Devices. Moreover, the study highlights current market trends and provides forecast from 2016 to 2021. We also have highlighted future trends in the Biopsy Devices that will impact the demand during the forecast period.
The Infinium Global Research- Growth Matrix (IGR- Growth Matrix) provided in this report highlights key investing markets in the world. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.
The companies covered in the report include C.R. Bard, Inc., Leica Biosystems, Hologic, Inc., Becton, Dickinson and Company, Ethicon EndoSurgery Inc., Fujifilm Medical Systems, Veran Medical Technologies, Boston Scientific Corporation, MDxHealth, Mauna Kea Technologies, Cook Medical, Inc., Medtronic, Argon Medical Devices, Inc, Intact Medical Corp., and others.
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