Bharat Book Bureau Provides the Trending Market Research Report on “Europe Biopsy Device Market 2019-2027” under Medical Devices category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Triton research predicts that the Europe biopsy device market is expected to rise at a CAGR of 6.66% in terms of revenue over the forecast years of 2019-2027.
Germany, the U.K., France, Spain, Russia, Italy and countries in the rest of Europe together constitute the market for biopsy devices in the European region.
The region will witness the introduction of several new products as there is a high degree of product penetration. People have high awareness of diseases and opt for early diagnosis. Several awareness programs intend to encourage and influence people to undertake regular screening tests to diagnose the exact condition of the disease. Many countries in the region occasionally conduct general mass-screening programs, especially for breast cancer detection. This can significantly cause a hike in the adoption of biopsy devices during the forecast period.
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Europe holds the second largest share in the biopsy device market. The need for invasive measures for chronic diseases has boosted the demand for the needle-based segment. Also, developing nations have opened opportunities for European players to expand their market. In addition, to avoid the risks involved with radiological techniques, the need for non-radiological techniques would increase demand for ultrasonic biopsy devices. However, stringent biopsy standards and the complex reimbursement claims are the challenges faced by the market players that need to be overcome.
The dominant companies in the biopsy market are Ad-Tech Medical Instrument Corp., Planmeca Oy, B. Braun Melsungen AG, Becton, Dickinson, Argon Medical Devices, Inc., QIAGEN N.V., Cardinal Health, Inc., Boston Scientific Corporation, C. R. Bard, Inc. and I.M.S. Internazionale Medico Scientifica SRL.
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