Report ID: UCMIG35J2021
Report ID:
UCMIG35J2021 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The market for breast biopsy equipment is expanding at a faster rate due to the development of chronic conditions. One of the key factors propelling the market for breast biopsy devices is the rise in cancer incidence around the world. Because of the quick recovery and reduced pain, minimally invasive surgery is becoming more and more popular among the general public, which helps the market grow. The increase in financial and grant support for biomarker research has a further positive impact on market expansion. Additionally, the development of fully integrated biopsy equipment offers market participants lucrative potential in the near future. The development of liquid biopsy will also help the market grow.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Life Sciences Tools & Services by segment aggregation, the contribution of the Life Sciences Tools & Services in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35J2021