The growing prevalence of cancer and the expanding geriatric population will serve as prominent growth generators for the biopsy guidance system market during the assessment period of 2020-2030.
The growing prevalence of cancer and the expanding geriatric population will serve as prominent growth generators for the biopsy guidance system market during the assessment period of 2020-2030. The cancer prevalence rate around the world is increasing at a rapid pace. The swelling fatality rate of cancer and the escalating need to control it will invite exponential growth for the biopsy guidance system market during the tenure of 2020-2030.
A biopsy guidance system is a platform that offers a hassle-free and simple user interface for delivering biopsies at a faster rate. The system enables easy targeting of lesions, streamlining procedure steps, and enhanced workflow in tandem with shorter patient procedure time. The expansive benefits associated with biopsy guidance systems will invite profitable growth for the global market between 2020 and 2030.
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Breast and brain biopsy are the prominent applications of the guidance systems. The overwhelming use of biopsy guidance systems across research and academic institutes, hospitals, diagnostic centers, and specialty clinics will bring tremendous growth prospects for the biopsy guidance system market.
TMR Research has analyzed the different aspects of the biopsy guidance system market. Each factor of the biopsy guidance system market has been analyzed with precision to provide the best results to the stakeholders and CXOs. The coronavirus pandemic impact on the biopsy guidance system market has also been covered and included by TMR Research. The growth trajectory of the biopsy guidance system market is measured through different parameters that TMR Research applies. It provides an accurate detailing of the current landscape of the biopsy guidance system market.
Biopsy Guidance System Market: Competitive Insights
The biopsy guidance system market is fragmented by nature. The players in the biopsy guidance system market are involved in intense competition for bagging a prominent position among others. The players focus on novel product launches and upgrades for increasing their consumer base. Thus, these factors have a significant impact on the growth of the biopsy guidance system market.
The players invest expansively in research and development activities. These activities help in maintaining the overall growth trajectory of the biopsy guidance system market. Insights and discoveries are made possible through these activities, eventually leading to an increase in the revenues.
Strategic collaborations are crucial for the growth of the biopsy guidance system market. Mergers and acquisitions, partnerships, and joint ventures have a vital role in expanding the influence of the players in the biopsy guidance system market. These factors help in increasing the growth rate of the biopsy guidance system market.
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Some key players in the biopsy guidance system market are;
- Boston Scientific Corporation
- Becton, Dickinson and Company
- Cook Medical
- B. Braun Melsungen AG
Biopsy Guidance System Market: Recent Developments
The latest developments in the biopsy guidance system market are as follows:
- Promxo, a medical imaging company recently received IRB approval for running a clinical study on its MRI system for Prostate Biopsy Guidance.
- GE Healthcare recently introduced the industry’s first contrast-enhanced guided biopsy solution known as Serena Bright.
Biopsy Guidance System Market: Regional Aspects
North America’s biopsy guidance system market is expected to hold a dominant share during the assessment period due to the consistent advancements in cancer diagnostic technologies. Asia Pacific’s biopsy guidance system market is also estimated to grow at a rapid pace during the tenure of 2020-2030.
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