Cancer Biopsy Market Study 2023:
The Cancer Biopsy Market is rapidly expanding due to the increasing prevalence of cancer worldwide. A biopsy is a diagnostic procedure that involves removing a small sample of tissue or cells from a suspicious area of the body to determine if it is cancerous or not. The market is driven by the growing demand for minimally invasive diagnostic procedures, technological advancements in biopsy procedures, and increasing investments in research and development activities. The adoption of liquid biopsy as a non-invasive alternative to traditional biopsy methods is also expected to drive the growth of the market in the coming years. Liquid biopsy enables the detection of cancer-related biomarkers in the blood or other body fluids, thereby eliminating the need for invasive procedures and reducing patient discomfort. However, the high cost of cancer biopsy procedures and the lack of skilled professionals in developing countries are some of the factors that may hinder the growth of the market.
The cancer biopsy market is segmented based on type, technique, application, end-user, and region. The type segment includes core needle biopsy, fine needle aspiration biopsy, surgical biopsy, and others. The technique segment includes image-guided biopsy, liquid biopsy, and others. The application segment includes breast cancer, lung cancer, prostate cancer, liver cancer, and others. The end-user segment includes hospitals, diagnostic centers, research institutes, and others. Geographically, North America dominates the cancer biopsy market due to the high prevalence of cancer in the region and the presence of advanced healthcare infrastructure. However, Asia Pacific is expected to witness significant growth in the market due to the increasing prevalence of cancer in the region, rising healthcare expenditure, and growing awareness about the benefits of an early cancer diagnosis.
“According to SNS insider, The Cancer Biopsy Market Size is Escalated to USD 26.24 billion in 2022 and is expected to reach USB 61.06 billion by 2030, with a growing healthy CAGR of 11.13% over the forecast period 2023-2030.”
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The Cancer Biopsy market research report includes a thorough examination of important growth strategies, motivators, opportunities, noteworthy segmentation, Porter’s Five Forces analysis, and the competitive environment. This research is an excellent resource for market participants, stakeholders, investors, vice presidents, and newcomers interested in learning more about the company and developing a competitive strategy. The report identifies the primary factors propelling the worldwide market forward. In order to estimate the market’s overall size throughout the course of the projection period, the study adopts a bottom-up methodology, gathering and forecasting data for a range of industry verticals and end-user sectors, as well as their reach across multiple categories.
To give a comprehensive picture of the predicted market size, the worldwide market investigates and researches consumption, value, year-over-year growth, and development plans for the following years. To achieve a greater level of accuracy, true numbers were double-checked using reputable sources. Additional estimations were based on interviews and the opinions of seasoned market research professionals. The Cancer Biopsy market report includes market insights, product descriptions, company profiles, revenue, and contact information. The history of the global market, as well as market forecasts by region/country and subsectors, are examined in this study.
Major Key Players Analysis covered in the Cancer Biopsy Market is listed below:
- ANGLE Plc
- BD
- Biocept Inc.
- Danaher
- Hoffmann-La Roche Ltd.
- Hologic Inc.
- Illumina Inc.
- Myriad Genetics
Cancer Biopsy Market Segmentation Analysis 2023
Analysts looked at sales, production, and manufacturer data for each region. For the projection period, this section examines revenue and volume by region. These evaluations will help the reader determine the worth of a specific investment. The Cancer Biopsy study is the result of extensive research into a variety of factors that drive regional growth, including the region’s economic, social, technological, environmental, and political variables.
Major Segments and Sub-Segment of the Cancer Biopsy Market are Listed Below:
By Product
- Kits and Consumables
- Instruments
- Services
By Type
- Tissue Biopsies
- Surgical Biopsies
- Liquid Biopsies
- Core Needle Biopsy (CNB)
- Needle Biopsies
- Fine Needle Aspiration (FNA)
- Others
By Application
- Breast Cancer
- Prostate Cancers
- Cervical Cancers
- Colorectal Cancer
- Pancreatic Cancers
- Lung Cancers
- Kidney Cancers
- Blood Cancers
- Ovarian Cancers
- Skin Cancers
- Liver Cancers
Russia-Ukraine War Impact Analysis
In the Cancer Biopsy market analysis, the impact of the Russia-Ukraine war on global and domestic markets is also explored. For firms and individuals interested in the industry, the report is a significant source of direction and information. It includes vital information as well as an assessment of the major manufacturers’ current state
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In this study, the years considered to estimate the market size of Cancer Biopsy are as follows:
- History Year: 2016-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Year 2022 to 2028
Regional Analysis Covered in this report:
- North America [United States, Canada]
- Europe [Germany, France, U.K., Italy, Russia]
- Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
- Latin America [Mexico, Brazil, Argentina]
- Middle East & Africa [Turkey, Saudi Arabia, UAE]
Competitive Analysis
The complete analysis looks at Cancer Biopsy market on a micro level. By understanding manufacturers’ global revenue, global price, and global output throughout the predicted period, the reader can determine their footprints. The main participants in the market are described in this section of the study. It helps the reader understand how companies compete in the market and how they collaborate.
Table of Contents – Major Key Points
- Introduction
- Research Methodology
- Market Dynamics
- Impact Analysis
- Value Chain Analysis
- Porter’s 5 Forces Model
- PEST Analysis
- Cancer Biopsy Market Segmentation, By Product
- Cancer Biopsy Market Segmentation, By Type
- Cancer Biopsy Market Segmentation, By Application
- Regional Analysis
- Company Profiles
- Competitive Landscape
- Conclusion
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