The global aspiration and biopsy needles market reached a valuation of $801.5 million in 2019 and is predicted to progress at a CAGR of 7.2% between 2020 and 2030. Furthermore, the market would generate a revenue of $1,717.9 million in 2030. The key factors driving the progress of the market are the rising incidence of cancer, the growing public awareness about the various treatment and diagnostic techniques available for the disease, and the growing popularity of minimally invasive surgeries across the world. In addition to this, the soaring healthcare expenditure in several countries and the rapid technological advancements in the devices used for cancer diagnosis are fueling the expansion of the market.
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In the future years, the lung biopsy category is predicted to exhibit the fastest growth in the aspiration and biopsy needles market, primarily because of the soaring incidence of lung cancer in individuals belonging to various age groups. Additionally, the rising public awareness about the disease and the various detection methods and treatment procedures of the disease is boosting the advancement of the category in the market.
The objective of this research includes;
During the last few years, the aspiration and biopsy needles market was dominated by North America, on account of the high healthcare spending and the increased public awareness about the benefits of early cancer detection in the region. Furthermore, the U.S. Food and Drug Administration (USFDA) is rapidly approving many new devices and systems. This is encouraging several market players to launch extensive research and development (R&D) projects in this domain.
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Some of the leading players in the aspiration and biopsy needles market are Boston Scientific Corporation, Cardinal Health Inc., Sterylab s.r.l., Stryker Corporation, Olympus Corporation, Dickinson and Company, Argon Medical Devices Inc., Medtronic plc, Cook Medical LLC, Becton, CONMED Corporation, and Merit Medical Systems Inc.
The research includes detailed analysis of;
Based On Type
Based on Procedure
Based On Application
Based On End User
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