U.S. Cancer Biopsy Market | Increasing Demand for Image-Guided Needle Biopsies Drive the Market Growth

The rising prevalence of oncology indications for cancer therapeutics is projected to augment the growth of the U.S. cancer biopsy market during the forecast period, 2020 to 2030.

The rising prevalence of oncology indications for cancer therapeutics is projected to augment the growth of the U.S. cancer biopsy market during the forecast period, 2020 to 2030. Biopsies are ordinarily connected with cancer, yet in light of the fact that your PCP arranges a biopsy, it doesn’t imply that you have cancer. Specialists use biopsies to test whether irregularities in your body are brought about by cancer or by different conditions.

The U.S. cancer biopsy market is classified on the basis of type, application, and organ. With respect to segmentation by type, the market is grouped into fine-needle aspiration, core, surgical, skin or punches, and others, each of which are further sub-categorized. In terms of application, the market is classified into pharma & biopharma discovery & development, screening & monitoring, investigational & translational research, and diagnostics. Based on organ, the market is categorized into pancreas, lungs, bladder, kidney, uterus & cervix, thyroid, prostate gland, breast, liver, and others.

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The report is based on thorough analysis and offers quantitative and qualitative analysis of the same. Additionally, the report highlights the salient details of the market including the recent trends and innovations. The key segments of this market are listed in the report with key emphasis on the leading segment and factors attributing to it. Furthermore, the report lists the players functioning in this market and what strategies are adopted by them to attract higher revenues in the coming years.

U.S. Cancer Biopsy Market: Company Profiles

Companies operating in the cancer biopsy market for the United States are indulging in merger and acquisition strategies and other collaborations in order to make their mark in the overall competition. Additionally, players are also investing heavily on research and development so as to gain an upper hand in the overall market competition.

Some of the significant players of the U.S. cancer biopsy market include:

  • INRAD Inc.Boston Scientific Corporation
  • Cool Medical
  • Spectra Medical Devices Inc.
  • Johnson & Johnson
  • IZI Medical Products
  • Conmed Corporation
  • Boston Scientific Corporation
  • Argon Medical
  • Dickinson and Company
  • Medtronic Plc.
  • Becton

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U.S. Cancer Biopsy Market: Industry Development

  • Galleri, a blood test for early detection of multiple types of cancer was out for sale in the United States market in June 2021.
  • Novel lung biopsy technology for improving lung cancer diagnostics was utilized by Scripps Green Hospital in February 2021.

U.S. Cancer Biopsy Market: Growth factors

The increasing demand for image-guided needle biopsies on the basis of multi-parametric MR imaging is considered one of the key factors promoting the growth of the U.S. cancer biopsy market. Additionally, the introduction of liquid biopsies for cancer treatment and major advancements in its clinical implementation will further propel the growth of this market. Also, the rising number of aged people and the growing prevalence of oncology indications will further create lucrative growth opportunities for this market in the coming years.

U.S. Cancer Biopsy Market: Geographical Analysis

The rising prevalence of various cancer types serves as an important factor augmenting the growth of this market in the United States. Besides this, the presence of leading players such as Johnson & Johnson, and others will also help the U.S. market in the coming years.

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