Biopsy Market:  Market Overview, Key Players' Analysis, Emerging Opportunities, and Projections for 2030

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Biopsies have advanced significantly in molecular medicine, especially in the field of cancer. Advances in technology have led to improvements in the molecular characterisation of cancers through biopsies. They have been frequently used to determine the stage of the disease, the morphology

Projection of Revenue Growth:
The Biopsy Market size is expected to grow from US$ 32.38 Bn in 2023 to US$ 67.83 Bn by 2030. The Global Biopsy Market is expected to grow at a CAGR of 11.14% through the forecast period (2024 to 2030).

Biopsy Market Overview:

The comprehensive market analysis explores the dynamic competitive landscape, providing essential insights into market share data and detailed profiles of leading global companies. By thoroughly examining the Biopsy Market, the study uncovers the key factors influencing regional variations in industry growth.

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Biopsy Market Scope: 

After completing the market valuation phase, extensive primary research was conducted to collect, analyze, and verify crucial data. This process involved assessing market size, forecasting future trends, identifying key factors, and ensuring data accuracy through triangulation. Utilizing both top-down and bottom-up approaches, alongside additional verification techniques, we carefully analyzed market segments and sub-segments. The collected data underwent thorough qualitative and quantitative analysis, ensuring the report delivers comprehensive insights.

Biopsy Market Regional Insights

The detailed regional analysis in Biopsy market research pinpoints key drivers and highlights regulatory changes that influence current and future market trends. By analyzing both existing and emerging patterns, the research reveals hidden market potential and identifies profitable opportunities for improving market positioning. This evaluation, which considers current conditions and future developments, offers a robust understanding of the dynamics within various geographic markets.

Biopsy Market Segmentation

by Product

Instruments
Kits and Consumables
Services


by Type

Tissue Biopsies
Liquid Biopsies
Others


by Application

Breast Cancer
Colorectal Cancer
Cervical Cancers
Lung Cancers
Prostate Cancers
Skin Cancers
Blood Cancers
Kidney Cancers
Liver Cancers
Pancreatic Cancers
Ovarian Cancers
Others

Biopsy Market Key Players

North America
1. Illumina, Inc.(U.S)
2. Quest Diagnostics (U.S)
3. Abbott Laboratories (U.S)
4. GenMark Diagnostics(U.S)
5. Bio-Rad Laboratories (U.S)
6. Agilent Technologies (U.S)
7. Biomarker Technologies (U.S)
8. Coherent, Inc. (U.S)
9. Cardinal Health (U.S)
10. BD (Becton, Dickinson and Company) (U.S)
11. Myriad Genetics (U.S)
12. Hologic, Inc. (U.S)
13. Biocept, Inc. (U.S)
14. Thermo Fisher Scientific, Inc. (U.S)
15. Danaher (U.S)
16. Guardant Health (U.S)
17. Exact Sciences Corporation (U.S)
18. Freenome Holdings, Inc. (U.S)
19. Biodesix (Integrated Diagnostics) (U.S)
20. HelioHealth (Laboratory for Advanced Medicine) (U.S)
21. Genesystems, Inc. (Genesys Biolabs)(U.S)
22. GRAIL, Inc. (U.S)
Europe
1. ANGLE Plc (U.K)
2. Oncimmune (U.K)
3. Epigenomics AG (Germany)
4. Qiagen N.V. (Netherlands)
5. F. Hoffmann-La Roche Ltd. (Switzerland)
Asia Pacific
1. Sysmex Corporation (Japan)
2. Olympus(Japan)
3. Lucence Diagnostics Pte. Ltd. (Singapore)

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Conclusion:
The Biopsy Market is set for substantial growth, projected to increase from USD 32.38 billion in 2023 to USD 67.83 billion by 2030, driven by advancements in molecular medicine and non-invasive techniques like liquid biopsies. Key factors include the adoption of AI in pathology, improving diagnostic accuracy and efficiency, and the increasing prevalence of cancer, particularly in North America and Asia Pacific. However, high costs and accessibility issues pose challenges, emphasizing the need for equitable healthcare solutions. The demand for innovative biopsy products, especially in the context of rising breast cancer cases, will likely propel market growth further.

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