Sentinel Node Biopsy Market 2019 By-Product (Breast Localization Wire, Tissue Marker, Gamma Probe, Drainage Catheters), Indication (Breast Cancer, Melanoma, Colon Cancer, Esophageal Cancer), End User (Hospitals & Clinics, Diagnostic Centers) - Global Forecast Till 2023
The Global Sentinel Node Biopsy Market is growing pervasively mainly due to the increasing prevalence of various types of cancer including melanoma, colon cancer, breast cancer, esophageal cancer, head and neck cancer among others. Moreover, the spreading awareness towards the advantages of sentinel node biopsy escalates its market on the global platform.
Market Overview
Market Research Future (MRFR) in its recently published a study report asserts that the global sentinel node biopsy market will witness significant accruals by 2023 registering 5.1 % CAGR during the review period (2017 to 2023).
Demand for diagnosis and treatment of breast cancer and the technologically advanced medical device is found to be increasing across the globe. Furthermore, increasing healthcare expenditure and overall growth of healthcare industry also influence the market growth.
On the other hand, factors such as prohibitive costs associated with the biopsy and the large unmet need are some of the key factors impeding the market growth, especially in the developing nations. Nevertheless, factors such as the availability of new products and services and the presence of well-established market players in the developing as well as developed countries will support the market growth, filling up the demand and supply gap.
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Improving economic conditions worldwide are defining the growth of the sentinel node biopsy market, enabling access to the quality of life & to the improved healthcare. Furthermore, factors such as increasing number of biopsy procedures and rising demand for new techniques for the diagnosis of cancerous growth provide significant impetus to the market growth.
Key Players:
Key players leading the global sentinel node biopsy market include Devicor Medical Products, Inc. (Germany), C. R. Bard, Inc. (U.S.), Hilfe Engineering Corporation (India), Intramedical Imaging LLC (U.S.), KUB Technologies, Inc. (U.S.), Surgic Eye (Germany), and Navidea Biopharmaceuticals, Inc. (U.S.) among others.
11 Company Profiles
11.1 Devicor Medical Products, Inc., Part Of Leica Biosystems.
11.1.1 Company Overview
11.1.2 Product Overview
11.1.3 Financials
11.2.4 Key Developments
11.2 C. R. Bard, Inc.
11.2.1 Company Overview
11.2.2 Product Overview
11.2.3 Financial Overview
11.2.4 Key Developments
11.3 INTRAMEDICAL IMAGING
11.3.1 Company Overview
11.3.2 Product Overview
11.3.3 Financial Overview
11.3.4 Key Development
11.4 Hilfe Engineering Corporation
11.4.1 Company Overview
11.4.2 Product/Business Segment Overview
11.4.3 Financial Overview
11.4.4 Key Development
11.5 Surgic Eye
11.5.1 Company Overview
11.5.2 Product Overview
…Continues.
Global Sentinel Node Biopsy Market- Segments
The MRFR analysis is segmented into four key dynamics for enhanced understanding.
By Product : Breast Localization Wire, Tissue Marker, Gamma Probe, and Drainage Catheters among others.
By Indication : Breast Cancer, Melanoma, Colon Cancer, and Esophageal Cancer among others.
By End-user : Hospitals & Clinics, and Diagnostic Centers among others.
By Regions : North America, Asia Pacific, Europe, and the Rest-of-the-World.
Global Regional Analysis
America captures the first position in the market for sentinel node biopsy whose market is driven by increasing number of women suffering from breast disorders and rising prevalence of breast cancer in the U.S. and Canada.
In Europe, sentinel node biopsy market shows better growth opportunities governed by the ongoing research and development activities in the field of oncology.
The Asia Pacific is the fastest growing region in the market whose growth is determined by the presence of highly skilled workforce and increasing demand for biopsy procedures in hospitals and specialty care centres. India and China exhibit enormous growth opportunities owing to ever increasing the prevalence of chronic diseases, increase in a number of women suffering for reproductive disorders, and increasing expenditure on surgical procedures industry by key players in developing economies throughout the Asia Pacific.
In the Middle East, Saudi Arabia and the United Arab Emirates are the major countries holding the largest share in the market.
Global Sentinel Node Biopsy Market, By Region
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