“Global Breast Biopsy Devices Market: Growth, Outlook, and Competitive Analysis, 2018 – 2030” is the most recent market study released by Credence Research, Inc. The global Breast Biopsy Devices market had revenue of about USD 2,648.9 million in 2022, and it is predicted that it will increase at a CAGR of more than 5.80% from 2018 to 2030, reaching about USD 3,930.7 million.
Market Overview
The biopsy procedure is a medical examination used to analyze and remove malignant tissue from the body once a patient has been diagnosed with cancer. In order to diagnose a condition, a biopsy is used. Some biopsy procedures used to diagnose malignancies are skin biopsy, shave biopsy, fine needle aspiration, incision, excision biopsy core, and vacuum-assisted biopsy. The growing incidence of breast cancer is driving the global market for Breast Biopsy Devices. In addition to the increasing number of breast cancer screening programs, surgical acceptance of minimally invasive breast biopsies is also driving the market. The market is expanding in response to technological advances and advancements in biopsy instruments. Vendor promotion opportunities have become increasingly important as breast cancer prevalence increases. The main market players focus on expanding their product ranges and winning approvals. Several platforms, including conferences, may be used to spread the word about cancer and raise awareness.
Top Company Profiles of Breast Biopsy Devices Market
- Danaher (US)
As a global manufacturer and marketer of medical, professional, commercial, and industrial products and services, Danaher Corp (Danaher) designs, manufactures, and markets. In addition to testing instruments, communications solutions, water quality systems, medical diagnostic tools, and life science research tools, professional microscopes are available. Sustainable packaging design, automation, sensors, and controls are among the solutions provided. The company operates various facilities in Europe, Australia, Asia, and the Americas, including manufacturing, sales, distribution, service, and administration. Direct sales personnel and independent distributors distribute the company’s products to customers in the Americas, Europe, the Middle East, Africa, and Asia-Pacific.
- Stryker (US)
It manufactures a variety of orthopedic, medical and surgical, neurotechnology and spine products and allied services. Stryker Corp is a medical technology company. The company offers orthopedic implants, surgical equipment and navigation systems, patient handling, emergency medical equipment, intensive care disposables, and endoscopic and communication equipment. Stryker also provides doctors, hospitals, and other healthcare facilities with neurosurgical equipment, neurovascular and spinal devices, and medical devices for various conditions. The company sells its products in the Americas, Europe, Asia-Pacific, Middle East and Africa through subsidiaries, branches, third-party dealers and distributors.
- Hologic Inc. (US)
As the world’s leading breast biopsy company, Hologic, Inc. has expanded its product portfolio through insight-driven innovations and product launches to establish its market position. The company has established itself as a market leader through insight-driven innovation and product launches. As an example, Hologic introduced the Brevera Breast Biopsy System with CorLumina Imaging Technology in the US and Europe, the leading breast biopsy markets, in the last three years. As a result of its broad and technologically advanced product portfolio, wide geographical reach, and extensive promotion activities, Hologic is expected to witness sustainable growth during the forecast period.
- Hoffmann-La Roche Ltd (Switzerland)
The biotechnology company F. Hoffmann-La Roche Ltd (Roche) manufactures drugs and diagnostics to treat major diseases. It provides medicines for treating cancer, auto-immune disease, central nervous system disorders, ophthalmological disorders, infectious diseases, and respiratory diseases. Aside from in vitro diagnostics, the company offers tissue-based cancer diagnostics and diabetes management services. Roche’s research focuses on identifying novel methods for preventing, diagnosing, and treating diseases. Hospitals, commercial laboratories, healthcare professionals, researchers, and pharmacists are among the companies that receive its products and services. Through its subsidiaries and partners, the company operates in several countries.
- Siemens (Germany)
A technology company, Siemens AG (Siemens), focuses on electrification, automation, and digitalization. Besides designing, developing, and manufacturing products, Siemens also installs complex systems and projects and provides customized solutions for individual needs. Siemens specializes in power generation, distributed energy systems, and intelligent building infrastructure. Besides providing rail and road mobility solutions, Siemens also offers medical technology and digital healthcare services. Among its customers are companies in the energy, healthcare, infrastructure, process and manufacturing industries, research and development facilities, production plants, warehouses, and sales offices.
- Medtronic (Ireland)
As a medical technology company, Medtronic Plc (Medtronic) designs, develops, manufactures, and markets a range of medical devices and solutions. The company offers products for treating heart valves, heart failure, coronary artery diseases, aortic diseases, peripheral vascular diseases, venous renal diseases, neurological conditions, spine disorders, musculoskeletal disorders, and ear, nose, and throat diseases. The company also offers biologic solutions for orthopedics and dentistry. The company sells its products directly in the United States and through direct sales representatives and independent distributors in other countries. It provides its products to hospitals, third-party healthcare providers, clinics, government healthcare programs, distributors, and group purchasing organizations. in Asia Pacific, Europe, the Americas, the Middle East, and Africa
- Johnson & Johnson Services Inc. (US)
Johnson & Johnson (J&J) is known for researching, developing, manufacturing, and selling products as a pharmaceutical, medical device, and consumer product manufacturer. Pharmacies the company offers include medicines for infectious, cardiovascular and metabolic diseases, dental care products, beauty products, and medical devices for cardiovascular, orthopedic, general surgery, and vision care. In addition to distributing pharmaceutical and medical products, J&J offers consumer products via retail outlets and distributors. Its products are available in the United States, Europe, Asia-Pacific and Africa, and Western Hemisphere (excluding the United States).
- Boston Scientific Corporation (US)
A medical technology company, Boston Scientific Corp develops, manufactures, and commercializes devices for various interventional medical specialties. In addition to electrophysiology, gastroenterology, gastrointestinal surgery, female pelvic medicine, gynecology, and interventional cardiology, the company offers products in neurological surgery, orthopedic surgery, pain medicine, pulmonology, urology and vascular surgery. The company operates manufacturing facilities in the United States, Ireland, Costa Rica, Brazil, Malaysia, Puerto Rico and Switzerland. It serves hospitals, clinics, outpatient facilities, and medical offices around the world. The company sells its products directly and through distributors and dealers in Europe, the Middle East, Africa, Asia Pacific, and the Americas.
- GENERAL ELECTRIC (US)
This company provides various industrial, infrastructure, and financial products and services. General Electric Co (GE) is an industrial conglomerate. The company offers various products and services, from aircraft engines and systems to healthcare systems and pharmaceutical diagnostics, power generation, oil and gas production equipment, medical imaging, financing, and industrial products. The company assists companies in ensuring a safe, efficient and reliable work environment by integrating its engineering capabilities with software and analytics. It offers a wide range of financial services as well. The company has manufacturing facilities worldwide and serves customers in North America, Europe, Asia, the Middle East, and Africa.
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