Navigation Links
Global Breast Biopsy Device Market Will Grow Steadily To Reach $490 Million By 2017
Date:2/21/2013

TORONTO, Feb. 21, 2013 /PRNewswire/ -- According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, the growing demographic at risk for breast cancer and increasing compliance with screening programs will spur demand for breast biopsies. Additionally, patients and clinicians are showing a growing preference for minimally invasive biopsies over open surgical alternatives. As a result, sales of breast biopsy devices used in these procedures will expand at a steady pace through 2017.

(Logo: http://photos.prnewswire.com/prnh/20130103/MM36768LOGO )

Within minimally invasive breast biopsies, clinicians are moving toward using more accurate methods, such as core needle biopsy (CNB) and vacuum-assisted biopsy (VAB), and away from fine-needle aspiration (FNA). VAB in particular is driving growth in this market because this is the most diagnostically accurate method of breast biopsy and VAB devices have higher selling prices. VAB devices will therefore continue to represent the largest and fastest-growing segment of the breast biopsy device market over the next five years, generating significant interest from competitors.

"The competitive landscape of the VAB device market has changed considerably since 2010," said MRG Analyst Michelle Chan . "That year, Devicor Medical Products purchased Ethicon Endo-Surgery's breast care business and therefore acquired the Mammotome brand, which is arguably the most well-recognized brand in VAB. C. R. Bard also purchased SenoRx, giving it access to the EnCor VAB device."

The shift toward VAB has not occurred at the same rate worldwide. In the US, more than 50 percent of minimally invasive breast biopsies are performed using this technique, which has supported the large size of the US market. In China, however, less than one-quarter of procedures use VAB. Nonetheless, the shift toward VAB will be the fastest in China through 2017 due to its expanding economy and the ongoing shift away from open surgical biopsies. Japan is the only country where there is still a strong preference for less expensive FNA, causing it to be the smallest regional market.

Millennium Research Group's Global Markets for Breast Biopsy Devices 2013 report includes unit, average selling price and revenue information, along with market drivers and limiters and a competitive landscape for VAB devices, CNB devices and fine needles in the United States, Europe (France, Germany, Italy and the UK), Japan and China.

About Millennium Research Group
Millennium Research Group (www.MRG.net), a Decision Resources Group company (www.DecisionResourcesGroup.com), is the global authority on medical technology market intelligence and the leading provider of strategic information to the healthcare sector. The company provides specialized industry expertise through multiclient market research, ongoing Marketrack™ projects, customer loyalty tracking, facility-level procedure forecasting, and customized solutions.

About Decision Resources Group
Decision Resources Group is a cohesive portfolio of companies that offers best-in-class, high-value information, and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources Group at www.DecisionResourcesGroup.com.

All company, brand or product names contained in this document may be trademarks or registered trademarks of their respective holders.

For more information, contact:

Christopher Comfort
Decision Resources Group
781-993-2597
ccomfort@dresources.com

Alex Jablokow
Millennium Research Group
617-599-8613
ajablokow@mrg.net

 


'/>"/>
SOURCE Millennium Research Group
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Top buyers including Atico, Coles Group Asia, Kmart, Staples, Office Depot and Target Australia pre-registered to attend Global Sources spring China Sourcing Fairs
2. ConvaTec Donates $10,000 To AAWC Global Volunteers Program Through SAWC Walk For Wellness
3. Qmed, the Leading Global MedTech Industry Resource, Partners with Clarimed, to Provide the Medical Manufacturing and Healthcare Industry with FDA Reports on Adverse Events
4. Attendees Save Up To $800 on Global Healthcare Conferences in 2012 by Registering Through Global Information Inc.
5. Kelyniam Global Inc. Reports Record Cranial Implant Revenues in the 1st Quarter of 2012
6. Varian Medical Systems and Siemens Healthcare Announce Global Collaboration to Advance Clinical Capabilities and Offerings in Radiotherapy and Radiosurgery
7. Ultra Clean to Present at the Jefferies 2012 Global Technology, Media & Telcom Conference
8. Axis Global Logistics Names Mr. Thomas Brennan, Vice President Strategic Accounts & Life Sciences
9. Angeion Appoints Matthew S. Margolies as Executive Vice President - Global Sales
10. OTC Pharmaceuticals: Global Industry Almanac, MarketLine
11. Global Pharmaceutical Leaders All Converging in Parsippany, New Jersey on September 11-12, 2012 for Breakthrough Event
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/12/2017)...  The China and Canada joint tech ... water, energy and detergent, and features a powerful disinfection process. ... washing machine that washes and sanitizes women,s panties or babies, cloth ... ... does not require an external water inlet. ...
(Date:5/10/2017)... MIAMI , May 10, 2017 Global ... in Latin America , published its 2017 ... The ranking is based on extensive data analysis from GHI,s ... world,s largest hospitals database for the region. The GHI database ... , offering more than 130 data points for each ...
(Date:5/10/2017)... Md. , May 10, 2017 CSSi, ... solutions for the clinical research industry, is proud to ... www.CSSiEnroll.com . The new website features both enriched content ... user experience and enhances the company,s already well-established position ... industry. "After many months of hard ...
Breaking Medicine Technology:
(Date:5/22/2017)... ... May 22, 2017 , ... “Homeostasis: The Journey of a Manic-Depressive” ... with Bipolar 1. Donald Rodriguez takes readers on a rollercoaster ride that includes a ... of winter and to a dark place where Donald considers suicide. Readers learn ...
(Date:5/22/2017)... ... May 22, 2017 , ... OSF Ventures, the ... in InsightRX, an early stage company in San Francisco that has developed software ... Greatpoint Ventures Innovation Fund acted as the lead investor in the round. ...
(Date:5/21/2017)... Viejo, CA (PRWEB) , ... May 20, 2017 ... ... self-animating, paragraph styled corporate text designs created specifically for use in Final Cut ... editing process for all media productions. Pixel Film Studios’ ProParagraph Corporate will deliver ...
(Date:5/21/2017)... ... May 21, 2017 , ... For more than 20 years United Cutlery has ... knives and swords, from functional to fantasy. United Cutlery has always been “Stronger. Sharper” ... that defy tradition. , Offering a range of weapons and tools built for battle, ...
(Date:5/19/2017)... ... May 19, 2017 , ... A leader ... of Charlotte recently began recruitment efforts for the inaugural cohort of its ... skills, knowledge and expertise to approach and address the unique nuances healthcare organizations ...
Breaking Medicine News(10 mins):