Smart Biopsy Devices Market Size, Share & Trends Analysis Report By Application (Breast Cancer, Skin Cancer, Liver Cancer, Prostate Cancer), By Region, And Segment Forecasts, 2019 - 2026

Published: Oct, 2019 | Pages: 171 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global smart biopsy device market size is anticipated to reach USD 3.72 billion by 2026, registering a CAGR of 5.6% over the forecast period, according to a new report by Grand View Research, Inc. Rising demand for minimally invasive biopsy procedure coupled with technological advancements in smart biopsy device is anticipated to boost the growth.

Minimally Invasive Breast Biopsy Technique (MIBT) allows diagnosis of breast cancer without taking patient to surgery, preserves normal breast tissue, and decreases the number of operations required for cancer treatment. In addition, technological advancements in MIBT, such as needle-based biopsy guns to obtain cells, core needles biopsy to obtain sample tissue, specialized biopsy device that utilize vacuum and cutting device to remove sample tissues. Thus, minimally invasive procedures such as MIBT are recommended more as compared to conventional biopsy methods due to minimal risk factor. This is projected to drive the market for smart biopsy devices in near future.

Siemens Healthineers mammography system enables healthcare providers to improve their biopsy workflow as it uses 3D HD biopsy to obtain effective biopsies at a lower dose. It also offers automated breast density measurement with titanium enhanced mammography exams. Such technological advancements have improved biopsy procedure workflow by reducing morbidity. They have also increased patient satisfaction which is expected to bode well for the growth of the market.

Further key findings from the study suggest:

• Breast cancer dominated the application segment in 2018, owing to rising prevalence of the disease. Moreover, rising risk of breast cancer due to changing lifestyle and environmental factors is expected to contribute to this growth

• Skin cancer segment is expected to register the fastest CAGR over the forecast period, owing to growing abnormal cells in epidermis and rising mutations caused by UV radiation

• North America dominated the smart biopsy device market with the highest revenue share in 2018 owing to increasing cancer cases coupled with growing awareness regarding the diagnosis and treatment of the disease

• The key players are introducing technologically advanced products to gain competitive edge in the market. For instance, in November 2018, Boston Scientific Corporation recommended offer to acquire BTG plc., company that manufactures devices used in minimally invasive biopsy procedures which can cure cancer and vascular diseases. This acquisition will enhance their important areas of unmet needs such as pulmonary embolism and cancer

 Table of Contents

Chapter 1 Methodology and Scope
                   1.1 Market Segmentation and Scope
                       1.1.1 Application
                       1.1.2 Regional Scope
                       1.1.3 Estimates And Forecast Timeline
                   1.2 Research Methodology
                   1.3 Information procurement
                       1.3.1 Purchased Database:
                       1.3.2 Gvr's Internal Database
                       1.3.3 Secondary Sources
                       1.3.4 Primary Research
                       1.3.5 Details Of Primary Research
                   1.4 Information or Data Analysis
                       1.4.1 Data Analysis Models
                   1.5 Market Formulation & Validation
                   1.6 Model Details
                       1.6.1 Commodity Flow Analysis (Model 1)
                           1.6.1.1 Approach 1: Commodity Flow Approach
                       1.6.2 Volume Price Analysis (Model 2)
                           1.6.2.1 Approach 2: Volume price analysis
                   1.7 List of Secondary Sources
                   1.8 List of Primary Sources
                   1.9 List of Abbreviations
                   1.10 Objectives
                       1.10.1 Objective 1
                       1.10.2 Objective 2
                       1.10.3 Objective 3
                       1.10.4 Objective 4
Chapter 2 Executive Summary
                   2.1 Market Outlook
                   2.2 Segment Outlook
                   2.3 Competitive Insights
Chapter 3 Smart Biopsy Device Market Variables, Trends & Scope
                   3.1 Market Lineage Outlook
                       3.1.1 Parent Market Outlook
                       3.1.2 Ancillary Market Outlook
                   3.2 Penetration & Growth Prospect Mapping
                   3.3 User Perspective Analysis
                       3.3.1 Consumer Behavior Analysis
                       3.3.2 Market Influencer Analysis
                   3.4 List of Key End Users
                   3.5 Regulatory Framework
                   3.6 Market Dynamics
                       3.6.1 Market Driver Analysis
                           3.6.1.1 Increasing prevalence of cancer worldwide
                           3.6.1.2 Advancement in biopsy procedure
                           3.6.1.3 Increasing preference for minimally invasive biopsy procedure
                       3.6.2 Market Restraints Analysis
                           3.6.2.1 Clinical issues in core needle biopsy
                           3.6.2.2 Increasing complaints regarding cancer screening procedures
                       3.6.3 Industry Challenges
                           3.6.3.1 Wearable device act as an alternative for biopsy device to capture cancer cells from blood
                       3.6.4 Industry Opportunity
                           3.6.4.1 Increasing adoption of biopsy device by oncologists
                   3.7 Smart Biopsy Device: Market Analysis Tools
                       3.7.1 Industry Analysis - Porter's
                           3.7.1.1 Bargaining power of suppliers
                           3.7.1.2 Bargaining power of buyers
                           3.7.1.3 Competitive rivalry
                           3.7.1.4 Threat of new entrants
                           3.7.1.5 Threat of new substitutes
                       3.7.2 Swot, By Pestle Analysis
                       3.7.3 Major Deals And Strategic Alliances
                           3.7.3.1 New product Launch
                           3.7.3.2 Acquisition
                           3.7.3.3 Expansion
                           3.7.3.4 Partnerships
                           3.7.3.5 Marketing & Promotions
                           3.7.3.6 Market Entry Strategies
Chapter 4 Smart Biopsy Device Market: Segment Analysis, By Application, 2015 - 2026 (USD Million)
                   4.1 Definition and Scope
                   4.2 Application Market Share Analysis, 2018 & 2026
                   4.3 Segment Dashboard
                   4.4 Global Smart Biopsy Device Market, by Application, 2015 to 2026
                   4.5 Market Size & Forecasts and Trend Analyses, 2015 to 2026
                       4.5.1 Breast Cnacer
                           4.5.1.1 Breast Cancer, 2015 - 2026 (USD Million)
                       4.5.2 Skin Cancer
                           4.5.2.1 Skin Cancer, 2015 - 2026 (USD Million)
                       4.5.3 Liver Cnacer
                           4.5.3.1 Liver Cancer, 2015 - 2026 (USD Million)
                       4.5.4 prostate Cancer
                           4.5.4.1 Prostate Cancer, 2015 - 2026 (USD Million)
                       4.5.5 others
                           4.5.5.1 Others, 2015 - 2026 (USD Million)
Chapter 5 Smart Biopsy Device Market: Regional Market Analysis, By Application 2015 - 2026 (USD Million)
                   5.1 Definition & Scope
                   5.2 Regional Market Share Analysis, 2018 & 2026
                   5.3 Regional Market Dashboard
                   5.4 Regional Market Snapshot
                   5.5 Market Size, & Forecasts, Volume and Trend Analysis, 2018 to 2026
                   5.6 North America
                       5.6.1 North America Market Estimates And Forecast, By Country, 2015 - 2026 (USD Million)
                       5.6.2 North America Smart Biopsy Device Market, By Application, 2015 - 2026 (USD Million)
                       5.6.3 U.S.
                           5.6.3.1 U.S. smart biopsy device market, 2015 - 2026 (USD Million)
                       5.6.4 Canada
                           5.6.4.1 Canada smart biopsy device market, 2015 - 2026 (USD Million)
                   5.7 Europe
                       5.7.1 Europe Smart Biopsy Device Market, By Country, 2015 - 2026 (USD Million)
                       5.7.2 Europe Smart Biopsy Device Market, By Application, 2015 - 2026 (USD Million)
                       5.7.3 U.K.
                           5.7.3.1 U.K. smart biopsy device market, 2015 - 2026 (USD Million)
                       5.7.4 Germany
                           5.7.4.1 Germany smart biopsy device market, 2015 - 2026 (USD Million)
                       5.7.5 France
                           5.7.5.1 France smart biopsy device market, 2015 - 2026 (USD Million)
                       5.7.6 Italy
                           5.7.6.1 Italy smart biopsy device market, 2015 - 2026 (USD Million)
                       5.7.7 Spain
                           5.7.7.1 Spain smart biopsy device market, 2015 - 2026 (USD Million)
                   5.8 Asia Pacific
                       5.8.1 Asia Pacific Smart Biopsy Device Market, By Country, 2015 - 2026 (USD Million)
                       5.8.2 Asia Pacific Smart Biopsy Device Market, By Application, 2015 - 2026 (USD Million)
                       5.8.3 Japan
                           5.8.3.1 Japan smart biopsy device market, 2015 - 2026 (USD Million)
                       5.8.4 China (Mainland)
                           5.8.4.1 China (Mainland) smart biopsy device market, 2015 - 2026 (USD Million)
                       5.8.5 India
                           5.8.5.1 India smart biopsy device market, 2015 - 2026 (USD Million)
                       5.8.6 Australia
                           5.8.6.1 Australia smart biopsy device market, 2015 - 2026 (USD Million)
                       5.8.7 South Korea
                           5.8.7.1 South Korea smart biopsy device market, 2015 - 2026 (USD Million)
                   5.9 Latin America
                       5.9.1 Latin America Smart Biopsy Device Market, By Country, 2015 - 2026 (USD Million)
                       5.9.2 Latin America Smart Biopsy Device Market, By Application Type, 2015 - 2026 (USD Million)
                       5.9.3 Brazil
                           5.9.3.1 Brazil smart biopsy device market, 2015 - 2026 (USD Million)
                       5.9.4 Mexico
                           5.9.4.1 Mexico smart biopsy device market, 2015 - 2026 (USD Million)
                       5.9.5 Argentina
                           5.9.5.1 Argentina smart biopsy device market, 2015 - 2026 (USD Million)
                       5.9.6 Colombia
                           5.9.6.1 Colombia smart biopsy device market, 2015 - 2026 (USD Million)
                   5.10 Mea
                       5.10.1 Mea Smart Biopsy Device Market, By Country, 2015 - 2026 (USD Million)
                       5.10.2 Mea Smart Biopsy Device Market, By Application, 2015 - 2026 (USD Million)
                       5.10.3 South Africa
                           5.10.3.1 South Africa smart biopsy device market, 2015 - 2026 (USD Million)
                       5.10.4 Saudi Arabia
                           5.10.4.1 Saudi Arabia smart biopsy device market, 2015 - 2026 (USD Million)
                       5.10.5 UAE
                           5.10.5.1 UAE smart biopsy device market, 2015 - 2026 (USD Million)
Chapter 6 Smart Biopsy Device Market - Competitive Analysis
                   6.1 Recent Developments & Impact Analysis, by Key Market Participants
                       6.1.1 Ansoff Matrix
                   6.2 Private Companies
                       6.2.1 Regional Network Map
                       6.2.2 Company Market Position Analysis
                   6.3 Company Profiles
                       6.3.1 DANAHER
                           6.3.1.1 Company Overview
                           6.3.1.2 Financial Performance
                           6.3.1.3 Product Bechmarking
                           6.3.1.4 Strategic Initiatives
                       6.3.2 INNOMEDICUS
                           6.3.2.1 Company Overview
                           6.3.2.2 Financial Performance
                           6.3.2.3 Product Bechmarking
                           6.3.2.4 Strategic Initiatives
                       6.3.3 INTUTIVE SURGICAL
                           6.3.3.1 Company Overview
                           6.3.3.2 Financial Performance
                           6.3.3.3 Product Benchmarking
                           6.3.3.4 Strategic Initiatives
                       6.3.4 CANON MEDICAL SYSTEM
                           6.3.4.1 Company Overview
                           6.3.4.2 Financial Performance
                           6.3.4.3 Product Bechmarking
                           6.3.4.4 Strategic Initiatives
                       6.3.5 BOSTON SCIENTIFIC CORPORATION
                           6.3.5.1 Company Overview
                           6.3.5.3 Financial Performance
                           6.3.5.3 Product Benchmarking
                           6.3.5.4 Strategic Initiatives
                       6.3.6 INTERVENTIONAL SYSTEMS
                           6.3.6.1 Company Overview
                           6.3.6.3 Financial Performance
                           6.3.6.3 Product Benchmarking
                           6.3.6.4 Strategic Initiatives

List of Tables

Table 1. List of secondary sources
Table 2. List of abbreviation
Table 3. North America smart biopsy device market, by country, 2015 - 2026 (USD Million)
Table 4. North America smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 5. U.S smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 6. Canada smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 7. Europe smart biopsy device market, by country, 2015 - 2026 (USD Million)
Table 8. Europe smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 9. U.K. smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 10. Germany smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 11. France smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 12. Italy smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 13. Spain smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 14. Russia smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 15. Asia Pacific smart biopsy device market, by country, 2015 - 2026 (USD Million)
Table 16. Asia Pacific smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 17. China smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 18. India smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 19. South Korea smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 20. Australia smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 21. Japan smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 22. Singapore smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 23. Latin America smart biopsy device market, by country, 2015 - 2026 (USD Million)
Table 24. Latin America smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 25. Brazil smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 26. Mexico smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 27. Argentina smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 28. Colombia smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 29. Middle East & Africa smart biopsy device market, by country, 2015 - 2026 (USD Million)
Table 30. Middle East & Africa smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 31. South Africa smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 32. South Arabia smart biopsy device market, by application, 2015 - 2026 (USD Million)
Table 33. UAE smart biopsy device market, by application, 2015 - 2026 (USD Million)

List of Figures

Fig 1. Smart Biopsy Device market segmentation
Fig 2. Market research process
Fig 3. Information procurement
Fig 4. Primary research pattern
Fig 5. Market research approaches
Fig 6. Value-chain-based sizing & forecasting
Fig 7. QFD modeling for market share assessment
Fig 8. Market formulation & validation
Fig 9. Market outlook (2018)
Fig 10. Segment Outlook
Fig 11. Strategy framework
Fig 12. Penetration & growth prospect mapping
Fig 13. Consumer behavior analysis
Fig 14. Factors influencing North America smart biopsy device market (%)
Fig 15. Factors influencing Europe smart biopsy device market (%)
Fig 16. Factors influencing Asia Pacific smart biopsy device market (%)
Fig 17. Factors influencing Latin America smart biopsy device market (%)
Fig 18. Factors influencing Middle East and Africa smart biopsy device market (%)
Fig 19. Market driver relevance analysis (current & future impact)
Fig 20. Market restraint relevance analysis (current & future impact)
Fig 21. Market challenge relevance analysis (current & future impact)
Fig 22. Porter's five forces analysis
Fig 23. PESTLE (political & legal, economic and technological) Analysis
Fig 24. Strategy mapping
Fig 25. Smart biopsy device market: Application movement analysis
Fig 26. Segment dashboard
Fig 27. Smart biopsy device market application outlook: Key takeaways
Fig 28. Breast cancer market, 2015 - 2026 (USD Million)
Fig 29. Skin cancer market, 2015 - 2026 (USD Million)
Fig 30. Liver cancer market, 2015 - 2026 (USD Million)
Fig 31. Prostate cancer market, 2015 - 2026 (USD Million)
Fig 32. Others market, 2015 - 2026 (USD Million)
Fig 33. Regional outlook, 2018 & 2026
Fig 34. Regional market dashboard
Fig 35. Regional market place: Key takeaways
Fig 36. North America smart biopsy device market, by country, 2015 - 2026 (USD Million)
Fig 37. North America smart biopsy device market, by application, 2015 - 2026 (USD Million)
Fig 38. U.S. smart biopsy device market, 2015 - 2026 (USD Million)
Fig 39. Canada smart biopsy device market, 2015 - 2026 (USD Million)
Fig 40. Europe smart biopsy device market, by country, 2015 - 2026 (USD Million)
Fig 41. Europe smart biopsy device market, by application, 2015 - 2026 (USD Million)
Fig 42. U.K.. smart biopsy device market, 2015 - 2026 (USD Million)
Fig 43. Germany smart biopsy device market, 2015 - 2026 (USD Million)
Fig 44. France smart biopsy device market, 2015 - 2026 (USD Million)
Fig 45. Italy smart biopsy device market, 2015 - 2026 (USD Million)
Fig 46. Spain smart biopsy device market, 2015 - 2026 (USD Million)
Fig 47. Asia Pacific smart biopsy device market, by country, 2015 - 2026 (USD Million)
Fig 48. Asia Pacific smart biopsy device market, by application, 2015 - 2026 (USD Million)
Fig 49. Japan smart biopsy device market, 2015 - 2026 (USD Million)
Fig 50. China (Mainland) smart biopsy device, 2015 - 2026 (USD Million)
Fig 51. India smart biopsy device market, 2015 - 2026 (USD Million)
Fig 52. Australia smart biopsy device market, 2015 - 2026 (USD Million)
Fig 53. South Korea smart biopsy device market, 2015 - 2026 (USD Million)
Fig 54. Latin America smart biopsy device market, by country, 2015 - 2026 (USD Million)
Fig 55. Latin America smart biopsy device market, by application, 2015 - 2026 (USD Million)
Fig 56. Brazil smart biopsy device market, 2015 - 2026 (USD Million)
Fig 57. Mexico smart biopsy device market, 2015 - 2026 (USD Million)
Fig 58. Argentina smart biopsy device market, 2015 - 2026 (USD Million)
Fig 59. Colombia smart biopsy device market, 2015 - 2026 (USD Million)
Fig 60. MEA smart biopsy device market, by country, 2015 - 2026 (USD Million)
Fig 61. MEA smart biopsy device market, by application, 2015 - 2026 (USD Million)
Fig 62. South Africa smart biopsy device market, 2015 - 2026 (USD Million)
Fig 63. Saudi Arabia smart biopsy device market, 2015 - 2026 (USD Million)
Fig 64. UAE smart biopsy device market, 2015 - 2026 (USD Million)
Fig 65. Ansoff Matrix
Fig 66. Regional network map