The Europe Biopsy Devices Market was worth $449.5 million in 2016 and estimated to be growing at a CAGR of 7.1%, to reach $633.4 million by 2021.
Hyderabad, India -- (SBWIRE) -- 03/19/2018 -- A biopsy can be defined as a procedure in which a sample tissue is eliminated from the body for analyzing the presence, purpose, or extent of a disease. Mostly a biopsy is performed in order to examine and eliminate cancerous tissue from the body. While an affected person is suspected of having cancer, a biopsy is used to extract a tissue sample for diagnosis of the disease. There are numerous varieties of biopsy utilized in the prognosis of cancers, together with shave biopsy, pores and skin biopsy, incision and excision biopsy, satisfactory needle aspiration, middle needle biopsy and vacuum-assisted biopsy.
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The Europe Biopsy devices market was worth $449.5 million in 2016 and anticipated to be growing at a CAGR of 7.1%, to reach $633.4 million by 2021.
Increasing incidences of most cancers which includes breast, prostate, & lung, and fast technological advancements had been stimulating the boom of the biopsy devices market. Moreover, growth in awareness for the prognosis of chronic diseases is also growing the demand for incorporated biopsy technology such as MRI-guided biopsy. A growth in reimbursement coverage for biopsy strategies, growing adoption of top rate-priced devices, and beneficial demographics will bring the market
growth.
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A biopsy is the surgical elimination of tissue from an organ to decide the presence or extent of a disease, in general, cancerous and inflammatory situations. This diagnostic method is generally finished by surgeons, radiologists, and interventional cardiologists, to confirm the presence of cancerous tissue. Biopsy methods can be executed for almost any organ with the assist of a particular biopsy device.
Biopsy strategies can be accomplished for nearly any organ with the help of a selected biopsy device. Traditional biopsy devices may be complemented with advanced imaging technology along with an MRI-guided biopsy, stereotactic-guided biopsy, ultrasound-guided biopsy, CT scan, and others to carry out the procedure with accuracy and minimal invasiveness.
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Based on geography the Europe market is analyzed underneath regions particularly, Germany, Italy, France, Spain, and the UK. Germany market is escalating with high CAGR, due to the untapped areas having awesome potential and possibilities for market established order. France is dominating the biopsy devices market and anticipated to maintain its dominance over the forecast period.
The prominent companies dominating the market include Medtronic, Leica Biosystems, Hologic Inc., Boston Scientific Corporation, Becton, Cook Medical Inc., C.R. Bard Inc., Mauna Kea Technologies, Ethicon EndoSurgery Inc., Veran Medical Technologies, Dickinson and Company, Fujifilm Medical Systems, MDxHealth, Argon Medical Devices Inc and Intact Medical Corp.
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