United States

Biopsy Devices Market to hit USD 4.5Billion by 2032, says Global Market Insights Inc.

Biopsy Devices industry is anticipated to register 6% CAGR between 2023 and 2032 due to increasing awareness regarding breast cancer.

Selbyville, Delaware, Jan. 31, 2023 (GLOBE NEWSWIRE) —

The biopsy devices

Availability of advanced devices and reimbursement policies spur biopsy device demand in hospitals

The hospitals segment held over 68% of the biopsy devices market share in 2022, as a result of the extensive availability of innovative healthcare devices and reimbursement policies. According to the coding and reimbursement guide from Hologic, in 2021, the National Average Medicare rate for breast biopsy procedures with breast localization device placement accounted for around USD 1,400 in hospitals. These factors will boost the number of surgical operations conducted in hospitals and in turn, augment the use of biopsy medical equipment.

Europe to emerge as a lucrative revenue hub for biopsy device manufacturers

Europe biopsy devices market to exceed USD 950 million by 2032, due to the growing burden of cancer. European countries with the highest rate of this disease incidence include Denmark, Belgium, Ireland, and the Netherlands. Furthermore, the increasing elderly population susceptible to chronic disease will encourage regional healthcare professionals to use biopsy devices for cancer diagnosis, fostering regional market development.

Secure a copy of the premium research report @ https://www.gminsights.com/securecheckout/paymenta/731?gmpaycod=sugmp

Product range expansion initiatives to strengthen the global industry outlook

Some of the key players profiled in the report include Boston Scientific Corporation, Becton, Dickinson and Company (BD), FUJIFILM Holdings Corporation, Hologic Inc., Inc, B. Braun Melsungen AG, Cook Group Incorporated, Devicor Medical Products, Inc. (Danaher Corporation), and INRAD Inc, among others.

Browse Our Reports Store – GMIPulse @  https://www.gminsights.com/gmipulse 

About Global Market Insights

Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

CONTACT: Contact Us:

Aashit Tiwari
Corporate Sales, USA
Global Market Insights Inc.
Toll Free: +1-888-689-0688
USA: +1-302-846-7766
Europe: +44-742-759-8484
APAC: +65-3129-7718
Email: [email protected]
Read More News @ https://ibmag.com/

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Comment moderation is enabled. Your comment may take some time to appear.

Back to top button