Europe Biopsy Devices Market Growth, Size, Trends, Demand, Revenue, Share and Future Outlook
Europe Biopsy Devices Market Size– By Product, Application, By Guidance Technique, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jan-2024 | Report ID: MEDE2405 | Pages: 1 - 157 | Formats*: |
| Category : Medical Devices | |||
Europe Biopsy Devices Market Introduction and Overview
According to SPER Market Research, the Europe Biopsy Devices Market is estimated to reach USD 871.38 million by 2033 with CAGR of 4.41%.
The report includes an in-depth analysis of the Europe Biopsy Devices Market, including market size and trends, product mix, applications, and supplier analysis. Medical equipment used to obtain tissue samples from the body for diagnostic reasons is referred to as a biopsy device. These instruments are principally employed in the diagnosis and assessment of various illnesses in addition to malignant and non-cancerous tumours. Pathologists analyse the tissue samples taken during biopsies. They help medical practitioners decide on the best course of action by offering insights into the nature of the disease.
- May 2022: The CE mark approval for Becton, Dickinson and Company's ProCore® biopsy needles was obtained. With improved tissue sampling during endoscopic ultrasound-guided fine-needle aspiration (EUS-FNA) operations, these needles are intended to increase the precision of the diagnostic process.
- September 2022: Medtronic plc introduced the CoreVisionTM biopsy system. This method allows for accurate tissue sample and diagnosis by combining robotic-assisted needle navigation with cutting-edge imaging technologies.
Market Opportunities and Challenges
Technological developments like image-guided biopsies and minimally invasive methods have increased the precision and security of biopsy operations. In Europe, the use of biopsy equipment has expanded as a result of these developments. One major factor propelling the market for biopsy instruments is the rising incidence of chronic illnesses, especially cancer. Biopsies allow for early diagnosis and prompt treatment, which enhances patient outcomes and survival rates. The demand for biopsy instruments is being driven by a growing understanding among patients and healthcare providers of the significance of personalized therapy and early illness identification. Frequent diagnostic and screening processes help with early detection and focused treatment. There are a lot of potential for the market for biopsy equipment because of the growing emphasis on targeted medicines and customized medicine.
Exorbitant expenses linked to biopsy procedures and gadgets could impede the expansion of the market. The use of these devices is hindered by the initial cost of procuring and maintaining biopsy equipment, which can be high, particularly in healthcare settings with limited resources. Tight regulations pertaining to medical devices could be problematic for producers and prevent novel and inventive biopsy equipment from reaching the market. Higher product costs result from the significant R&D investments required to comply with these rules. In certain parts of Europe, especially in rural areas, there may be limited accessibility to biopsy instruments and procedures, which could limit market growth. The widespread deployment of biopsy instruments depends on the availability of highly qualified healthcare practitioners and a modern healthcare infrastructure.
Market Competitive Landscape
The market for biopsy devices in Europe is competitive and fragmented. Among the leading companies in the biopsy devices industry are Boston Scientific Corporation, Becton, Dickinson and Company, and Hologic. These businesses are using tactics like partnerships and product launches made possible by technological advancements to increase their industry profits.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product, Application, By Guidance Technique, By End User |
| Regions covered | Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe |
| Companies Covered | Devicor Medical Products Inc., ARGON MEDICAL., SOMATEX Medical Technologies GmbH, Scion Medical Technologies, TSK Laboratory Europe B.V., B. Braun Melsungen AG, Cardinal Health, Siemens, General Electric Company, Boston Scientific Corporation, FUJIFILM Holdings Corporation, Olympus Corporation and various others. |
COVID-19 Impact on Europe Biopsy Devices Market
The market for biopsy instruments in Europe was significantly impacted by the Covid-19 epidemic. The management of the pandemic took precedence over other medical needs, including the infrastructure for biopsies, which temporarily halted the flow of elective treatments. Cancer patients are highly affected by this pandemic in terms of psychological anguish, worry, and terror. However, the supply of diagnostic kits and assays is being delayed by company closures and other regulations implemented in many nations. Numerous businesses in the biopsy devices industry have shifted their attention to the COVID-19 test's development. However, it is anticipated that demand for biopsy devices will increase as things get better and healthcare services return to normal. Throughout the epidemic, emphasis has been placed on the value of early disease identification and treatment.
Key Target Audience:
- Healthcare Providers and Institutions
- Medical Device Manufacturers
- Pathology Laboratories
- Healthcare Professionals
- Patients
- Government and Regulatory Bodies
- Research and Academic Institutions
- Investors and Financial Institutions
- Professional Associations and Societies
- Distributors and Suppliers
Our in-depth analysis of the Europe Biopsy Devices Market includes the following segments:
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| By Application: |
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| By Guidance Technique: |
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| By End User: |
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Key Topics Covered in the Report:
- Europe Biopsy Devices Market Size (FY’2023-FY’2033)
- Overview of Europe Biopsy Devices Market
- Segmentation of Europe Biopsy Devices Market By Product (Needle-Based Biopsy Instruments, Procedure Trays, Localization Wires and Other Products)
- Segmentation of Europe Biopsy Devices Market By Application (Breast Biopsy, Lung Biopsy, Colorectal Biopsy, Prostate Biopsy and Other Applications)
- Segmentation of Europe Biopsy Devices Market By Guidance Technique (Mri-Guided Biopsy, Stereotactic-Guided Biopsy, Ultrasound-Guided Biopsy, Other Guidance Techniques)
- Segmentation of Europe Biopsy Devices Market By End User (Hospitals, Academic and Research Institutes, Diagnostic and Imaging Centres)
- Statistical Snap of Europe Biopsy Devices Market
- Expansion Analysis of Europe Biopsy Devices Market
- Problems and Obstacles in Europe Biopsy Devices Market
- Competitive Landscape in the Europe Biopsy Devices Market
- Impact of COVID-19 and Demonetization on Europe Biopsy Devices Market
- Details on Current Investment in Europe Biopsy Devices Market
- Competitive Analysis of Europe Biopsy Devices Market
- Prominent Players in the Europe Biopsy Devices Market
- SWOT Analysis of Europe Biopsy Devices Market
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Europe Biopsy Devices Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Biopsy Devices Market Manufacturing Base Distribution, Sales Area, Application Type6.2. Mergers & Acquisitions, Partnerships, Application Launch, and Collaboration in Europe Biopsy Devices Market
7. Europe Biopsy Devices Market, By Product 2019-2033 (USD Million)
7.1. Europe Biopsy Devices Market Value Share and Forecast, By Product, 2023-20337.2. Localization Wires7.3. Needle-Based Biopsy Instruments7.4. Procedure Trays7.5. Other Products
8. Europe Biopsy Devices Market, By Application 2019-2033 (USD Million)
8.1. Europe Biopsy Devices Market Value Share and Forecast, By Application, 2023-20338.2. Breast Biopsy8.3. Colorectal Biopsy,8.4. Lung Biopsy8.5. Prostate Biopsy8.6. Other Applications
9. Europe Biopsy Devices Market, By Guidance Technique 2019-2033 (USD Million)
9.1. Europe Biopsy Devices Market Value Share and Forecast, By Guidance Technique, 2023-20339.2. Mri-Guided Biopsy9.3. Stereotactic-Guided Biopsy9.4. Ultrasound-Guided Biopsy9.5. Other Guidance Techniques
10. Europe Biopsy Devices Market, By End User 2019-2033 (USD Million)
10.1. Europe Biopsy Devices Market Value Share and Forecast, By End User, 2023-203310.2. Academic and Research Institutes10.3. Diagnostic and Imaging Centers10.4. Hospitals
11. Europe Biopsy Devices Market Forecast, 2019-2033 (USD Million)
11.1. Europe Biopsy Devices Market Size and Market Share
12. Europe Biopsy Devices Market, By Product, 2019-2033 (USD Million)
12.1. Europe Biopsy Devices Market Size and Market Share By Product (2019-2026)12.2. Europe Biopsy Devices Market Size and Market Share By Product (2027-2033)
13. Europe Biopsy Devices Market, By Guidance Technique, 2019-2033 (USD Million)
13.1. Europe Biopsy Devices Market Size and Market Share By Guidance Technique (2019-2026)13.2. Europe Biopsy Devices Market Size and Market Share By Guidance Technique (2027-2033)
14. Europe Biopsy Devices Market, By End User, 2019-2033 (USD Million)
14.1. Europe Biopsy Devices Market Size and Market Share By End User (2019-2026)14.2. Europe Biopsy Devices Market Size and Market Share By End User (2027-2033)
15. Europe Biopsy Devices Market, By Region, 2019-2033 (USD Million)
15.1. Europe Biopsy Devices Market Size and Market Share By Region (2019-2026)15.2. Europe Biopsy Devices Market Size and Market Share By Region (2027-2033)15.2.1. Belgium15.2.2. France15.2.3. Germany15.2.4. Italy15.2.5. Netherlands15.2.6. Russia15.2.7. Spain15.2.8. Switzerland15.2.9. Turkey15.2.10. U.K.15.2.11. Rest of Europe
16. Company Profile
16.1. AECO Manufacturing (M) Sdn. Bhd.16.1.1. Company details16.1.2. Financial outlook16.1.3. Application summary16.1.4. Recent developments16.2. Boston Scientific Corporation16.2.1. Company details16.2.2. Financial outlook16.2.3. Application summary16.2.4. Recent developments16.3. Cardinal Health16.3.1. Company details16.3.2. Financial outlook16.3.3. Application summary16.3.4. Recent developments16.4. FUJIFILM Holdings Corporation16.4.1. Company details16.4.2. Financial outlook16.4.3. Application summary16.4.4. Recent developments16.5. General Electric Company16.5.1. Company details16.5.2. Financial outlook16.5.3. Application summary16.5.4. Recent developments16.6. Scion Medical Technologies16.6.1. Company details16.6.2. Financial outlook16.6.3. Application summary16.6.4. Recent developments16.7. Others
15 List of Abbreviations
16 Reference Links
17 Conclusion
18 Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Biopsy Devices Market is projected to reach USD 871.38 million by 2033, growing at a CAGR of 4.41% during the forecast period.
Europe Biopsy Devices Market size from 2022. The Market is expected to reach USD 871.38 million by 2033, at a CAGR of 4.41% during the forecast period.
Europe Biopsy Devices Market CAGR of 4.41% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Europe Biopsy Devices Market size is 871.38 million from 2023 to 2033.
Europe Biopsy Devices Market Segment is covered By Product, Application, By Guidance Technique, By End User.
The Europe is anticipated to have the highest market share in the Europe Biopsy Devices Market.
In Europe, the use of biopsy equipment has expanded as a result of these developments. One major factor propelling the market for biopsy instruments is the rising incidence of chronic illnesses, especially cancer.
"The key players in the market include Companies Covered Devicor Medical Products Inc., ARGON MEDICAL., SOMATEX Medical Technologies GmbH, Scion Medical Technologies, TSK Laboratory Europe B.V., B. Braun Melsungen AG, Cardinal Health, Siemens, General Electric Company, Boston Scientific Corporation, FUJIFILM Holdings Corporation, Olympus Corporation and various others."
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