Breast Biopsy Market size is expected to grow from USD 3.4 billion to USD 7.71 billion, exhibiting a CAGR of more than 6.5% during the forecast timeline, between 2025 and 2037. In the year 2025, the industry size of breast biopsy is estimated at USD 3.58 billion.
The market growth is mainly due to increasing cases of breast cancer. According to the World Health Organization (WHO), by the end of 2020, 711 million women had been diagnosed with breast cancer in the past 5 years, making it the most common cancer in the world. In addition, government initiatives around the world to develop and implement new screening programs, raise awareness of treatment options, and organize free camps are expected to be the driving force for the global market development.
Growth Driver
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
6.5% |
Base Year Market Size (2024) |
USD 3.4 billion |
Forecast Year Market Size (2037) |
USD 7.71 billion |
Regional Scope |
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End Users (Hospitals, Ambulatory Surgical Centers, Diagnostic Centers)
The hospital segment in the breast biopsy market is estimated to hold around 40% revenue share by 2037. The growth of this segment can be attributed to large number of patients requiring breast biopsies and hospitalization for surgery or treatment. Hospitals are also experiencing remarkable growth in numbers. For example, in 2022, there are about 6,100 hospitals in the United States.
Product (Biopsy Needles, Biopsy Tables, Biopsy Wires)
The biopsy needle segment is set to hold 30% share of the global breast biopsy market by the end of 2037, impelled by increasing demand for breast biopsy procedures, including the use of biopsy needles. The growing awareness of the importance of breast biopsy procedures, including the use of biopsy needles.
Our in-depth analysis of the global market includes the following segments:
Product |
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End User |
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APAC Market Forecast
The breast biopsies market in Asia Pacific is expected to hold around 35% share by the end of 2037. The growth of the region is due to increase in the percentage of the aging population. As older women have a higher risk of breast cancer. Also, health organizations are increasingly promoting breast cancer screening programs, including mammograms and breast biopsies.
North America Market Statistics
The breast biopsy market in the North America is expected to account for 25% revenue share by 2037, attributed to increasing technological advancement in breast biopsy technology in the region. There have been significant advances in the design and function of biopsy needles and other biopsy devices in North America, making breast biopsies more precise and less invasive. This has led to an increase in demand for breast biopsy procedures in the region. All insurance plans in North America cover breast biopsy procedures, making the procedure easier for patients to access, leading to increased demand.
Author Credits: Radhika Pawar
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