The global breast biopsy devices market is growing at a significant rate, due to the mounting occurrence of breast cancer among women and the escalating number of breast cancer screening programs. Different types such as needle breast biopsy and open surgical breast biopsy contributed to the breast biopsy devices market size.
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The mounting occurrence of breast cancer among women, technological advancement in breast imaging equipment, intensifying alertness regarding breast cancer, and escalating demand for minimally invasive surgeries are the primary growth drivers for breast biopsy devices market.
Globally, the manufacturing companies trying to enter the breast biopsy devices market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier to the entry of new players. This offers an edge to the established players in the industry competition.
North America is the largest breast biopsy devices market as in the region the occurrence of breast cancer is increasing and escalating alertness of recently developed technologies.
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Asia-Pacific is observed to witness the fastest growth in the market, due to the mounting occurrence of breast cancer.
Becton, Dickinson and Company, Cook Medical Incorporated, Hologic Inc., Medtronic PLC., Sterylab S.R.L., Danaher Corporation, Siemens AG, Intact Medical Corporation, and Planmed Oy are the key players offering breast biopsy devices.
Source: VynZ Research