Biopsy Device Market

Report Description
With rising incidence of diseases, rapid technological advancements in medical field, and
increased spending in research and development, the global biopsy device market is
expected to have a robust growth during the forecast period (2016-2026).
Biopsy Device Market: Region- wise Outlook
The global market for Biopsy Device is expected to register a healthy CAGR during the
forecast period. Depending on geographic regions, global Biopsy Device market is
segmented into seven key regions: North America, South America, Eastern Europe,
Western Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa.
In terms of region North America holds the largest share in the global biopsy device
market owing to rising geriatric population with different disease indication especially
rising prevalence of cancer and increasing demand for minimally invasive procedures.
Europe holds the second largest market for biopsy devices owing to adoption of
advanced technology in biotechnology and research sector and innovation technologies.
However, growing prevalence of cancer among geriatric population in the developed
Western European region is also expected to contribute towards the global biopsy device
market growth. Asia pacific is expected to represent strong potential market growth in
the biopsy devices market owing to rapid technological advancements, growing incidence
of cancer and increasing awareness of various diseases among patients and physicians.
In addition, regular cancer screening programs conducted by government aimed at
encouraging individuals to undertake regular cancer screening and high penetration of
technologically advanced devices are expected to fuel the overall biopsy device market