Global biopsy devices market to reach USD 11.86B by 2027

The “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” report has been added to ResearchAndMarkets.com’s offering.

The global biopsy devices market is poised to achieve a projected value of $11.86 billion by 2027, representing a remarkable Compound Annual Growth Rate (CAGR) of 15.15% during the forecast period from 2023 to 2027. Key drivers contributing to this growth include a surge in cancer incidence, the versatility of biopsy procedures, and government initiatives for early cancer detection.

Market introduction
Biopsy devices are integral medical instruments used for collecting tissue samples from the human body, facilitating the diagnosis of various conditions, including cancer, infections, and inflammatory diseases. These devices play a vital role in improving patient outcomes by enhancing the accuracy, safety, and convenience of biopsy procedures.

Impact of Covid-19
The Covid-19 pandemic led to a temporary decrease in cancer cases and biopsy procedures. Restrictions and postponements of medical services, including cancer screening and diagnosis, contributed to a decline in cancer diagnostic tests. Reduced physician visits, cancer screening rates, and resection surgeries, particularly in regions heavily impacted by the pandemic, may have led to delayed diagnoses in various medical disciplines.

Key market players and competition
Several key players are actively contributing to the biopsy devices market. Companies profiled in the report include:

• 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.

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