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Biopsy Devices Market is Expected to Reach USD 2.1 Billion Globally in 2018: Transparency Market Research
Date:3/26/2013

ALBANY, New York, March 26, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Biopsy Devices Market (Disposable & Reusable Needles, Hot & Cold Forceps, Needle-based Biopsy Guns, VAB, CNB, FNAB Devices, Guidance Systems) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018," in 2011, the global biopsy devices market was valued at USD 1.3 billion and is expected to grow at a CAGR of 6.6% from 2012 to 2018, to reach an estimated value of USD 2.1 billion in 2018.

Browse the full report at http://www.transparencymarketresearch.com/biopsy-devices-market.html

The market is driven mainly by rising worldwide cancer incidence, increasing preference for minimally invasive procedures and growing awareness regarding frequent screenings. People are more aware regarding development of cancer and its early diagnosis, thereby opting for regular screenings and check-ups. The demand for disposable devices and needles is on the rise, as patients are now highly conscious about issues such as transmission of infectious diseases. Cancer being a fatal disease if not diagnosed early, patients do not hesitate to opt for expensive surgeries. All these factors are expected to drive the growth of the market during the forecast period 2012 to 2018.

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