Global Aspiration and Biopsy Needles
Market Report
2024
Aspiration & biopsy needles market size is USD 777.29 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global aspiration & biopsy needles market size is USD 777.29 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Aspiration and Biopsy Needles Market Sales Revenue 2024 | $ 777.29 Million |
Global Aspiration and Biopsy Needles Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.1% |
Market Split by Type |
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Market Split by End-use |
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Market Split by Application |
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Market Split by Procedures |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Aspiration and Biopsy Needles Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A biopsy is an experiment in which a small bit of tissue is taken and examined in a lab. Breast tissue may be taken out for a biopsy using a specialized biopsy needle or it might be taken out surgically. It is examined to see if there are any abnormal cells, such as cancer cells in the body. The increasing incidents of cancer and new technological innovation in the biopsy needle market will facilitate market growth. Changes in lifestyle habits and environmental factors are some of the keys contributing to at least 50% of cancer cases. Advanced tools for tissue scanning and diagnosis of small cancer tumors are recently accessible due to advanced technology. Aspiration and biopsy needles are reused and there is a rising risk of infection during the operations. Breast biopsy would be the highest-generating category in the Aspiration and Needle market.
The rapidly growing demand for the aspiration and biopsy needle market is anticipated to exhibit market growth. Increase in the number of people suffering from cancer can be attributed to some factors such as lifestyle changes, unhealthy diet and rising tobacco consumption. Although cancer incidence is highest in more developed areas, mortality is significantly higher in less developed countries due to limited access to treatment facilities and lack of awareness of the disease.
The high risk of infection with the use of aspiration and biopsy needle devices restrict the market growth.Radiologists and surgeons are establishing needle techniques such as core-needle and fine needle or biopsy in examining abnormalities at a particular site. Unfortunately, aspiration and biopsy needles are often reused ,increasing the risk of infection at the time of operations. Due to decreased reuse of needles, the market for biopsy needles for cancer is facing a declining phase contributing to the slow growth of the market.
The outbreak of Covid-19 has witnessed a significant impact on Aspiration and biopsy needle market growth .Due to COVID-19 Restriction , there were fewer biopsy procedures performed during pandemic, which had a substantial influence on the aspiration and biopsy device industry .The specialties had to deal with some crisis , which had a big impact on surgical practice. All professions have been forced to prioritise the significance of their routine surgical operations and whenever possible ,use non surgical treatment solutions. The increase in non surgical procedures and the avoidance of surgical practices during the Pandemic solved market growth.
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In April 2024, Merit Medical Systems, Inc. announced the official launch of its Micro ACE Advanced Micro-Access System, which has received FDA clearance, to the paying public. Additionally, Merit plans to apply for the CE mark approval for Micro ACE.
(Source:https://www.globenewswire.com/news-release/2024/03/19/2848662/0/en/Merit-Medical-Launches-the-Micro-ACE-Advanced-Micro-Access-System.html?f=22&fvtc=5&fvtv=44970062
Top Companies Market Share in Aspiration and Biopsy Needles Industry: (In no particular order of Rank)
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Based on the region analysis, the global aspiration and biopsy needles market is segmented on the basis of North America, Europe,Asia Pacific, Latin America and middle east and Africa.Asia Pacific holds the biggest market share worldwide. The increasing incidence of cancer in important APAC nations like India and China , as well as expanding government initiatives for cancer diagnostics and screening , are the main factors fueling this region's market expansion.
The current report Scope analyzes Aspiration and Biopsy Needles Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Aspiration and Biopsy Needles Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Aspiration and Biopsy Needles Industry growth. Aspiration and Biopsy Needles market has been segmented with the help of its Type, End-use Application, and others. Aspiration and Biopsy Needles market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on the product type , the global aspiration and biopsy needle market is categorized on the basis of Aspiration needles, Core needle biopsy (CNB),Vacuum assisted biopsy (VAB) ,Fine needle aspiration biopsy ( FNAB). However ,the demand for the vacuum assisted biopsy needles is projected to increase in the upcoming years. The growth of the segment has been assisted by an Increase in cancer cases and high preference by adopting minimally invasive diagnostic techniques on excision Biopsy market.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Aspiration and Biopsy Needles Industry. Request a Free Sample PDF!
Based on the end -user, the global aspiration and biopsy market is categorized on the basis of Hospitals , Surgical centres, Diagnostic clinics, Ambulatory care centers, Research and Academic institutes the mortality rate of cancer was increasing globally.Hospitals are the faster-growing segments of this market in the upcoming years. Hospitals control 50-60% market share for the aspiration and biopsy needles market of the reimbursement policy and availability of medical instruments. The number of surgeries performed in hospitals will rise due to the high prevalence of cancer patients which will grow the demand and use of biopsy needles .
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Aspiration and Biopsy Needles market report 2024 Edition by contacting our team.
Based on the application, the global aspiration and biopsy needle market is segmented on the basis of application, the market is segmented by tumor/cancer applications ( breast ,lung,colorectal ,prostate, kidney bone and bone marrow and other malignancies) and wound application. The breast cancer segment accounted for the largest share of the market. The significant proportion of this market is primarily attributable to the increasing incidence of breast cancer, expanding public awareness of the condition,and rising activity in relation to breast screening and diagnosis.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Aspiration and Biopsy Needles Market is witnessing significant growth in the near future.
In 2023, the Biopsy Needles segment accounted for noticeable share of global Aspiration and Biopsy Needles Market and is projected to experience significant growth in the near future.
The Hospitals segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Merit Medical Systems , Olympus Corporation and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | Biopsy Needles, CNB Needles, VAB Needles, Aspiration Needles |
End-use | Hospitals, Surgical Centers, Diagnostics Clinics, Ambulatory care centers, Research and academic Institutes |
Application | Tumor/cancer applications, Breast cancer, Lung cancer, Colorectal cancer, Bone and bone marrow cancer, Wound Applications |
Procedures | Image-guided procedures, Ultrasound-guided procedures, Stereotactic procedures, CT-guided procedures, MRI- guided procedures |
List of Competitors | Merit Medical Systems, Cook Group Incorporated, Olympus Corporation, Medtronic PLC, Argon Medical Devices Inc., Boston Scientific Corporation, Cardinal Health Inc., Conmed Corporation, Inrad Inc. |
This chapter will help you gain GLOBAL Market Analysis of Aspiration and Biopsy Needles. Further deep in this chapter, you will be able to review Global Aspiration and Biopsy Needles Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Aspiration and Biopsy Needles Market Trends North America Aspiration and Biopsy Needles Technological Road Map North America Aspiration and Biopsy Needles Market Drivers North America Aspiration and Biopsy Needles Market Restraints North America Aspiration and Biopsy Needles Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by End-use Analysis 2019 -2031
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Chapter 12 Market Split by Application Analysis 2019 -2031
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Chapter 13 Market Split by Procedures Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Aspiration and Biopsy Needles market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Biopsy Needles have a significant impact on Aspiration and Biopsy Needles market? |
What are the key factors affecting the Biopsy Needles and CNB Needles of Aspiration and Biopsy Needles Market? |
What is the CAGR/Growth Rate of Hospitals during the forecast period? |
By type, which segment accounted for largest share of the global Aspiration and Biopsy Needles Market? |
Which region is expected to dominate the global Aspiration and Biopsy Needles Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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