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(Medical-NewsWire.com, July 18, 2017 ) Market Data Forecast recently published a report on the North America Biopsy Devices Market which estimates the market which was worth $527 million in 2016 and is expected to be growing at a CAGR of 6.82%, to reach $733 million by 2021 during the forecast period from 2016 to 2021.
For most types of cancer, a biopsy is the main way doctors diagnose cancer. A biopsy is the removal of a small amount of tissue for examination under a microscope. Other tests can suggest that cancer is present, but only a biopsy can make a definite diagnosis.
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While a biopsy may sound scary, its important to remember that most are entirely pain-free and low-risk procedures. Depending on your situation, a piece of skin, tissue, organ, or suspected tumor will be surgically removed and sent to a lab for testing.
Sometimes a patient may have an area of concern that cannot be safely or effectively reached using the methods described above or the results of other biopsy specimens have been negative. An example would be a tumor in the abdomen near the aorta. In this case, a surgeon may need to get a specimen using a laparoscope or by making a traditional incision.All the devices used for such procedures are biopsy devices.
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The DROC Analysis contains some of the factors that have major effects on the market dynamics be it positive or negative. The market drivers for the biopsy device are the augmented population awareness and increased cancer population, increased demand for screening tests and entry of emerging markets. Rising occurrence of several forms of cancer and a significant 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 market limitations are mainly focused on equipment costs.
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The market is segmented based on product, type, application and end-users and is studied for a deep-level understanding of the Biopsy Devices market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
By Product
Instruments
Manual
Automated
Semi-Automated
Consumables
Reagents
Kits
By Type
Needle Biopsy
Core Needle Biopsy
Fine Needle Biopsy
Vacuum-Assisted Biopsy
Surgical Biopsy
Incisional Biopsy
Excisional Biopsy
By Application
Scientific Research
Medical Diagnosis
Agricultural Applications
Genetic fingerprinting & Sex Determination
By End Users
Pharmaceutical and Biotechnology Industry
Academic Research Institute
Contract Research Organizations
Forensic Labs
Based on geography the market is analysed under various countries namely, USA and Canada. USA is leading the biopsy devices market followed by Canada.
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The key companies dominating the biopsy devices market are Medtronic, Leica Biosystems, Hologic Inc., Boston Scientific Corporation, Becton, Cook Medical Inc., C.R. Bard Inc., Mauna Kea Technologies, Ethicon EndoSurgery Inc., Veran Medical Technologies, Dickinson and Company, Fujifilm Medical Systems, MDxHealth, Argon Medical Devices Inc and Intact Medical Corp.
Scope of the North America Biopsy Devices Market:
Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region
To detect major focus areas of industrial growth Segment-level analysis on basis of type, therapeutics, end-user along with market size forecasts and y-o-y estimations are provided
Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
PESTLE and Porters Five Forces Analyses that examine the macro& micro environmental factors such as political influence, technological prowess, industry rivalry to name a few.
An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape
Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Medical Devices Segment:
North America Laparoscopy Device Market: http://www.marketdataforecast.com/market-reports/middle-east-and-africa-laparoscopy-device-market-673/
North America Diagnostic Electro Cardiographs Market: http://www.marketdataforecast.com/market-reports/north-america-diagnostic-electro-cardiographs-market-209/
About Market Data Forecast:
The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the clients research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well.
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Market Data Forecast
Abhishek
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abhishek@marketdataforecast.com
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