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Increasing Adoption of Liquid Biopsy to Boost the Global Breast Biopsy Market

Date: 27th Jun 2021 | Category: Pharma & Healthcare

The global breast biopsy market is forecasted to reach US$1.66 billion in 2025, experiencing growth at a CAGR of 8.68% during the period spanning from 2021 to 2025. Growth in the global breast biopsy market was supported by factors such as increasing prevalence of breast cancer and rising female population aged 65 or above. Growing adoption of liquid biopsy is likely to have a positive impact on the global breast biopsy market. However, the market growth is expected to be restrained by increasing possibility of infection associated with breast biopsy procedure. 

The global breast biopsy market by type can be segmented into the following segments: core needle biopsy (CNB), vacuum assisted biopsy (VAB) and fine needle aspiration biopsy (FNAB). In 2020, the dominant share of global breast biopsy market was held by core needle biopsy (CNB), followed by vacuum assisted biopsy (VAB). The global breast biopsy market by image guided technology can be segmented as follows: mammography guided stereotactic biopsy, ultrasound guided biopsy, MRI guided biopsy and CT guided biopsy. The largest share of the market was held by mammography guided stereotactic biopsy, followed by ultrasound guided biopsy and MRI guided biopsy. 

The global breast biopsy market by region can be segmented into the following segments: North America, Europe and Asia Pacific. In 2020, the dominant share of market was held by North America, followed by Europe and Asia Pacific. Factors such as rising elderly female population, growing awareness regarding early detection of breast cancer and increasing income of the consumers helped in boosting market growth. 

Scope of the report:

• The report provides a comprehensive analysis of the global breast biopsy market with potential impact of COVID-19.

• The major regional markets (North America, Europe and Asia Pacific) have been analyzed. 

• The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth. 

• The competitive landscape of the market, along with the company profiles of leading players (Hologic, Danaher Corporation, Becton, Dickinson & Company, Roche Group, Medtronic and Qiagen) are also presented in detail.

Key Target Audience:

• Breast Biopsy Manufacturers

• Raw Material Providers

• End Users (Businesses/Consumers)

• Investment Banks

• Government Bodies & Regulating Authorities