Global Vacuum-Assisted Breast Biopsy Device Market Report 2022: Increased Prevalence of Breast Cancer to Drive Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--Sep 19, 2022--

The "Global Vacuum-Assisted Breast Biopsy Device Market, By Procedure, By Product, By Type, By Technique, By End User & By Region - Forecast and Analysis 2022-2028" report has been added to ResearchAndMarkets.com's offering.

Global vacuum-assisted breast biopsy device market was valued at US$ 244.96 million in 2021, and it is expected to reach a value of US$ 334.31 million by 2028, at a CAGR of 4.5% over the forecast period (2022 - 2028).

The increased prevalence of breast cancer is propelling the vacuum-assisted breast biopsy market forward. Vacuum-assisted breast biopsy (VABB) devices are gaining popularity over traditional biopsy methods due to their ability to obtain large amounts of tissues with contiguous specimens, the ability to obtain multiple specimens with a single needle insertion, a more accurate diagnosis with a lower cancer miss rate, and lower histological underestimates.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global vacuum-assisted breast biopsy device market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details:

Segments covered in this report

The Global vacuum-assisted breast biopsy device market is segmented by procedure, by product, by type, by technique, by end user. Based on procedure, the market is categorized into Tethered, Untethered.

Based on product, the market is categorized into Vacuum-Assisted Biopsy Systems, Vacuum-Assisted Biopsy Needles. Based on type, the market is categorized into 9-12G, < 9G, < 12G.

Based on technique, the market is categorized into Ultrasound-Guided Biopsy, Stereotactic-Guided Biopsy, MRI-Guided Biopsy, Others.

Based on end user, the market is categorized into Hospitals, Academic, Research Institutes, Diagnostic, Imaging Centers, Others. By region, the global vacuum-assisted breast biopsy device market is categorized into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Driver

Vacuum-assisted breast biopsy (VABB) devices are gaining popularity over traditional biopsy methods due to their ability to obtain a large number of tissues with contiguous specimens, the ability to acquire multiple specimens with a single needle insertion, a more accurate diagnosis with a lower cancer miss rate, and lower histological underestimates.

Aside from diagnostic reasons, VABB is also a known means of therapeutic excision of benign tumors such as fibroadenomas. The use of percutaneous VABB can reduce the need for open surgical biopsy or excision, as well as the costs of operating room or hospital stays associated with surgical excision. As a result, all of these considerations are propelling the adoption of vacuum-assisted breast biopsy (VABB) equipment.

Restraint

VABB has a greater initial cost, such as vacuum generators and biopsy hand-pieces, as well as a higher ongoing cost of consumables such as needles, tubing, and localizing markers. VABB is frequently utilized as a second line of biopsy in some hospitals and research facilities due to its higher cost when compared to fine needle aspiration (FNA) biopsy or core biopsy. In such cases, VABB is only performed after insufficient or inconclusive cytology or histology, or when previous FNA or core biopsies produced contradictory imaging-pathology results.

Market Trends

The vacuum-assisted breast biopsy equipment market is expanding as a consequence of a robust research environment that has helped to the development of more accurate and least invasive therapies for breast cancer diagnosis. Governments have also made efforts to foster a stable and all-encompassing environment for cancer research, which has benefited in the development of these diagnostic instruments.

Key Topics Covered:

Executive Summary

Market overview

Parent Market Analysis

Market overview

Market size

Key Market Insights

• Technology Analysis
• Pricing Analysis
• Supply Chain Analysis
• Value Chain Analysis
• Ecosystem Of the Market
• IP Analysis
• Trade Analysis
• Startup Analysis
• Raw Material Analysis
• Innovation Matrix
• Pipeline product Analysis
• Macroeconomic Indicators

Covid Impact

Market Dynamics & Outlook

• Market Dynamics
• Drivers
• Opportunities
• Restraints
• Challenges
• Regulatory Landscape
• SWOT Analysis
• Porters Analysis
• Competitive rivalry
• Threat of substitute products
• Bargaining power of buyers
• Threat of new entrants
• Bargaining power of suppliers
• Special insights on future disruptions
• Political Impact
• Economic impact
• Social Impact
• Technical Impact
• Environmental Impact
• Legal Impact

Global Vacuum-Assisted Breast Biopsy Device Market by Procedure

Global Vacuum-Assisted Breast Biopsy Device Market by Product

Global Vacuum-Assisted Breast Biopsy Device Market by Type

Global Vacuum-Assisted Breast Biopsy Device Market by Technique

Global Vacuum-Assisted Breast Biopsy Device Market by End User

Market Size by Region

Companies Mentioned

• BD (US)
• Cook (US)
• Devicor Medical Products, Inc. (US)
• ARGON MEDICAL. (US)
• Cardinal Health. (US)
• Olympus Corporation (Japan)
• Boston Scientific Corporation (US)
• INRAD Inc. (US)
• Medtronic (Ireland)
• Hologic, Inc. (US)

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KEYWORD:

INDUSTRY KEYWORD: HEALTH ONCOLOGY MEDICAL DEVICES

SOURCE: Research and Markets

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