The global demand for MRI Safe Biopsy Needle Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020- 2026.
MRI safe biopsy needle is used in minimally invasive biopsy procedures under MRI guidance. It is used for obtaining tissues of the patient without exposure to ionizing radiations and cause less tissue damage by leaving a minimum or no scar. It also involves less patient discomfort and short recovery time.
The increasing preference for non- invasive method of obtaining tissue from the patient is primarily driving the market growth. The benefits associated with MRI safe biopsy needles such as less tissue damage and the absence of exposure to harmful radiation are again accelerating the demand in the market. Increasing research activity to study chronic diseases like cancer is further fuelling market growth. However, the high cost of the procedure along with less availability is anticipated to hamper the market growth. Whereas, increasing awareness of people for early detection of tumors and cancers coupled with several initiatives taken by government and health organizations is expected to create potential demand over the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of MRI safe biopsy needle.
The entire MRI safe biopsy needle market has been sub-categorized into product type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Fine Needle Biopsy
- Core Needle Biopsy
- Vacuum Assisted Biopsy
- Research and Academic Institutes
- Ambulatory Surgery Centers
This section covers regional segmentation which accentuates on current and future demand for MRI safe biopsy needle market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe MRI Safe Biopsy Needle Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the MRI safe biopsy needle market include Argon Medical Devices, BD, Hologic, Olympus, Somatex Medical Technologies, Sterylab and Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.