Overview

Aspiration and Biopsy Needles Market Introduction

Aspiration and Biopsy Needles Market is estimated to value over USD 1.19 billion by 2027 end and register a CAGR of over 7% during the forecast period 2020 to 2027.

The global market is predicted to witness a surge as there is a rise in the occurrences of cancer, favorable sanctions by global health and government organizations along with a greater tendency to opt for diagnostic procedures which are minimally invasive.

Biopsy performed on the breast involves the removal of tissues and cells in certain areas of the breast that are vulnerable to diseases such as cancer. These tissues and cells are examined under a microscope to identify potential chances of cancer. When a hollow needle is inserted for the purpose of removing tissue samples from the breast, then it is called a core needle biopsy. Core needle biopsy is carried out for the detection of any lump or mass or any other suspicious spots which is identified after imaging testing or mammogram. In the case of biopsy that entails fine needles, there is also a removal of cells potentially cancerous lumps in the breast. The needle that is used for performing the fine needle biopsy happens to be thinner in comparison to the needle used in the biopsy of the core needle.

There are different kinds of biopsies which includes vacuum-assisted biopsy, core needle biopsy, shave biopsy, image guided biopsy, punch biopsy, excisional biopsy, incisional biopsy, fine needle aspiration, endoscopic biopsy, bone marrow biopsy and bone marrow aspiration. Two primary types of biopsies are surgical biopsy and needle biopsy. Surgical biopsy entails an incision to gather tissue samples and core needle biopsy is carried out in either hospitals and imaging centers. This biopsy is an image guided process. There are many benefits associated with such biopsies as the possibilities of sustaining an infection or a bruise are less. In case the lump is shown to be benign, then surgical biopsy will not be required. Although, there is a risk that the needle may not detect the tumor cells and as a result, one could misconstrue this as a non-cancerous cell.  

Going by the segmentation of product, the market has been bifurcated into aspiration and biopsy needles. The segment for biopsy needles is anticipated to thrive at a very high CAGR during the forecast time frame because of the high presence of cancer and initiatives undertaken by certain healthcare facilities.

With end users, the market is fragmented into academic institutes, hospitals, research laboratories, imaging and diagnostic centers. The segment for hospital is projected to grow, in part, because of the developing healthcare framework in emerging nations, which shall inflate the aspiration and biopsy needles market size.

Among the prominent players in the market are:

 Boston Scientific, Cardinal Health, Dickinson and Company, Merit Medical, Somatex Medical, Medtronic, Cook Group, Remington Medical, Argon Medical Devices, HAKKO, CONMED, Stryker and Becton

Aspiration and Biopsy Needles Market Segmentation:
By Product
- Biopsy Needles
- CNB Needles
- VAB Needles
- Aspiration Needles

By Procedure
- Image-Guided Procedures
- Ultrasound
- Stereotactic
- Magnetic Resonance Imaging (MRI)
- Other Image-Guided Procedures
- Non Image-Guided Procedures

By Site
- Breast
- Lung
- Colorectal
- Prostate
- Kidney
- Bone and Bone Marrow
- Other Sites

By Region
- Europe
- North America
- Asia Pacific
- Latin America
- Middle East & Africa

FutureWise Key Takeaways:
- Growth prospects
- SWOT analysis
- Key trends
- Key data-points affecting market growth

Objectives of the Study:
• To provide with an exhaustive analysis on the global aspiration & biopsy needles market by product, by procedure, by site and by region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East & Africa
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market

Table of Contents

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

       1.2.1 Markets Covered

       1.2.2 Years Considered for the Study

1.3 Currency

1.4 Limitations

1.5 Stakeholders

2 Research Methodology

2.1 Research Approach

2.2 Research Data

       2.2.1 Secondary Sources

                2.2.1.1 Key Data From Secondary Sources

       2.2.2 Primary Sources

                2.2.2.1 Key Data From Primary Sources

                2.2.2.2 Breakdown of Primary Interviews

2.3 Market Size Estimation

2.4 Market Breakdown and Data Triangulation

2.5 Research Assumptions

3 Executive Summary

4 Market Overview

4.1 Market Dynamics

        4.1.1 Drivers

                 4.1.1.1 Rising Prevalence of Cancer

                 4.1.1.2 Cancer Awareness Initiatives Undertaken By Governments and Global Health Organizations

                 4.1.1.3 Increasing Preference for Minimally Invasive Biopsies

        4.1.2 Restraints

                 4.1.2.1 Risk of Infections Associated With the use of Aspiration and Biopsy Needles

        4.1.3 Opportunities

                 4.1.3.1 Emerging Economies

        4.1.4 Challenges

                 4.1.4.1 Underdeveloped Healthcare Infrastructure and Dearth of Well-Trained Radiologists and Oncologists

4.2 Industry Trends

        4.2.1 Emergence of Liquid Biopsy

5 Aspiration and Biopsy Needles Market, By Product

5.1 Introduction

5.2 Biopsy Needles

5.2.1 CNB Needles

5.2.2 VAB Needles

5.3 Aspiration Needles

6 Aspiration and Biopsy Needles Market, By Procedure

6.1 Introduction

6.2 Image-Guided Procedures

 6.2.1 Ultrasound

 6.2.2 Stereotactic

 6.2.3 Magnetic Resonance Imaging (MRI)

 6.2.4 Other Image-Guided Procedures

6.3 Non Image-Guided Procedures

7 Aspiration and Biopsy Needles Market, By SIte

7.1 Introduction

7.2 Breast

7.3 Lung

7.4 Colorectal

7.5 Prostate

7.6 Kidney

7.7 Bone and Bone Marrow

7.8 Other Sites

8 Aspiration and Biopsy Needles Market, By Region

8.1 Introduction

8.2 North America

8.3 Europe

8.4 Asia Pacific

8.5 Rest of the World

9 Competitive Landscape

9.1 Introduction

9.2 Market Ranking Analysis

 9.3 Competitive Scenario

          9.3.1 Product Launches and Approvals

          9.3.2 Acquisitions

 9.4 Competitive Leadership Mapping

          9.4.1 Competitive Leadership Mapping: Major Market Players (2018)

                    9.4.1.1 Visionary Leaders

                    9.4.1.2 Innovators

                    9.4.1.3 Dynamic Players

                    9.4.1.4 Emerging Companies

10 Company Profiles

10.1 Argon Medical Devices, Inc.

 10.2 Becton, Dickinson and Company (BD)

 10.3 Boston Scientific Corporation

 10.4 Cardinal Health, Inc.

 10.5 CONMED Corporation

 10.6 Cook Group Incorporated

 10.7 HAKKO CO.,LTD Medical Device Division

 10.8 INRAD Inc.

 10.9 Medtronic, Plc

 10.10 Merit Medical Systems

 10.11 Olympus Corporation

 10.12 Ranfac Corporation

 10.13 Remington Medical Inc.

 10.14 Somatex Medical Technologies

 10.15 Stryker Corporation

11 Research Finding and Conclusion

12 Research Methodology

13 Research Data Source

Tables

Figures