Europe Biopsy Devices Market Growth, Size, Trends, Demand, Revenue, Share and Future Outlook

Europe Biopsy Devices Market Size– By Product, Application, By Guidance Technique, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Europe Biopsy Devices Market Size– By Product, Application, By Guidance Technique, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Published: Jan 2024 Report ID: MEDE2405 Pages: 1 - 157 Formats*:     
Category : Medical Devices
Europe Biopsy Devices Market Introduction and Overview 

According to SPER Market Research, the Europe Biopsy Devices Market is estimated to reach USD 871.38 million by 2033 with CAGR of 4.41%.  

The report includes an in-depth analysis of the Europe Biopsy Devices Market, including market size and trends, product mix, applications, and supplier analysis. Medical equipment used to obtain tissue samples from the body for diagnostic reasons is referred to as a biopsy device. These instruments are principally employed in the diagnosis and assessment of various illnesses in addition to malignant and non-cancerous tumours. Pathologists analyse the tissue samples taken during biopsies. They help medical practitioners decide on the best course of action by offering insights into the nature of the disease.

  • May 2022: The CE mark approval for Becton, Dickinson and Company's ProCore® biopsy needles was obtained. With improved tissue sampling during endoscopic ultrasound-guided fine-needle aspiration (EUS-FNA) operations, these needles are intended to increase the precision of the diagnostic process.
  • September 2022: Medtronic plc introduced the CoreVisionTM biopsy system. This method allows for accurate tissue sample and diagnosis by combining robotic-assisted needle navigation with cutting-edge imaging technologies.
Europe Biopsy Devices Market
Market Opportunities and Challenges

Technological developments like image-guided biopsies and minimally invasive methods have increased the precision and security of biopsy operations. In Europe, the use of biopsy equipment has expanded as a result of these developments. One major factor propelling the market for biopsy instruments is the rising incidence of chronic illnesses, especially cancer. Biopsies allow for early diagnosis and prompt treatment, which enhances patient outcomes and survival rates. The demand for biopsy instruments is being driven by a growing understanding among patients and healthcare providers of the significance of personalized therapy and early illness identification. Frequent diagnostic and screening processes help with early detection and focused treatment. There are a lot of potential for the market for biopsy equipment because of the growing emphasis on targeted medicines and customized medicine.

Exorbitant expenses linked to biopsy procedures and gadgets could impede the expansion of the market. The use of these devices is hindered by the initial cost of procuring and maintaining biopsy equipment, which can be high, particularly in healthcare settings with limited resources. Tight regulations pertaining to medical devices could be problematic for producers and prevent novel and inventive biopsy equipment from reaching the market. Higher product costs result from the significant R&D investments required to comply with these rules. In certain parts of Europe, especially in rural areas, there may be limited accessibility to biopsy instruments and procedures, which could limit market growth. The widespread deployment of biopsy instruments depends on the availability of highly qualified healthcare practitioners and a modern healthcare infrastructure.

Europe Biopsy Devices Market


Market Competitive Landscape
The market for biopsy devices in Europe is competitive and fragmented. Among the leading companies in the biopsy devices industry are Boston Scientific Corporation, Becton, Dickinson and Company, and Hologic. These businesses are using tactics like partnerships and product launches made possible by technological advancements to increase their industry profits.

Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2033
 Base year considered 2022
 Forecast period 2023-2033
 Segments coveredBy Product, Application, By Guidance Technique, By End User
 Regions covered
Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe

 Companies CoveredDevicor Medical Products Inc., ARGON MEDICAL., SOMATEX Medical Technologies GmbH, Scion Medical Technologies, TSK Laboratory Europe B.V., B. Braun Melsungen AG, Cardinal Health, Siemens, General Electric Company, Boston Scientific Corporation, FUJIFILM Holdings Corporation, Olympus Corporation and various others.
COVID-19 Impact on Europe Biopsy Devices Market
The market for biopsy instruments in Europe was significantly impacted by the Covid-19 epidemic. The management of the pandemic took precedence over other medical needs, including the infrastructure for biopsies, which temporarily halted the flow of elective treatments. Cancer patients are highly affected by this pandemic in terms of psychological anguish, worry, and terror. However, the supply of diagnostic kits and assays is being delayed by company closures and other regulations implemented in many nations. Numerous businesses in the biopsy devices industry have shifted their attention to the COVID-19 test's development. However, it is anticipated that demand for biopsy devices will increase as things get better and healthcare services return to normal. Throughout the epidemic, emphasis has been placed on the value of early disease identification and treatment.

Key Target Audience:
  • Healthcare Providers and Institutions
  • Medical Device Manufacturers
  • Pathology Laboratories
  • Healthcare Professionals
  • Patients
  • Government and Regulatory Bodies
  • Research and Academic Institutions
  • Investors and Financial Institutions
  • Professional Associations and Societies
  • Distributors and Suppliers
Our in-depth analysis of the Europe Biopsy Devices Market includes the following segments:
By Product:
  • Localization Wires
  • Needle-Based Biopsy Instruments
  • Procedure Trays
  • Other Products
  • By Application:
  • Breast Biopsy
  • Colorectal Biopsy,
  • Lung Biopsy
  • Prostate Biopsy
  • Other Applications
  • By Guidance Technique:
  • Mri-Guided Biopsy
  • Stereotactic-Guided Biopsy
  • Ultrasound-Guided Biopsy
  • Other Guidance Techniques
  • By End User:
  • Academic and Research Institutes
  • Diagnostic and Imaging Centers
  • Hospitals
  •  Key Topics Covered in the Report:
    • Europe Biopsy Devices Market Size (FY’2023-FY’2033)
    • Overview of Europe Biopsy Devices  Market 
    • Segmentation of Europe Biopsy Devices Market By Product (Needle-Based Biopsy Instruments, Procedure Trays, Localization Wires and Other Products)
    • Segmentation of Europe Biopsy Devices Market By Application (Breast Biopsy, Lung Biopsy, Colorectal Biopsy, Prostate Biopsy and Other Applications)
    • Segmentation of Europe Biopsy Devices Market By Guidance Technique (Mri-Guided Biopsy, Stereotactic-Guided Biopsy, Ultrasound-Guided Biopsy, Other Guidance Techniques)
    • Segmentation of Europe Biopsy Devices Market By End User (Hospitals, Academic and Research Institutes, Diagnostic and Imaging Centres)
    • Statistical Snap of Europe Biopsy Devices Market 
    • Expansion Analysis of Europe Biopsy Devices Market 
    • Problems and Obstacles in Europe Biopsy Devices Market 
    • Competitive Landscape in the Europe Biopsy Devices Market 
    • Impact of COVID-19 and Demonetization on Europe Biopsy Devices Market 
    • Details on Current Investment in Europe Biopsy Devices  Market 
    • Competitive Analysis of Europe Biopsy Devices Market 
    • Prominent Players in the Europe Biopsy Devices Market 
    • SWOT Analysis of Europe Biopsy Devices  Market 
    1. Introduction
    1.1. Scope of the report
    1.2. Market segment analysis

    2. Research Methodology
    2.1. Research data source
    2.1.1. Secondary Data
    2.1.2. Primary Data
    2.1.3. SPER’s internal database
    2.1.4. Premium insight from KOL’s
    2.2. Market size estimation
    2.2.1. Top-down and Bottom-up approach
    2.3. Data triangulation

    3. Executive Summary

    4. Market Dynamics
    4.1. Driver, Restraint, Opportunity and Challenges analysis
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.1.4. Challenges
    4.2. COVID-19 Impacts of the Europe Biopsy Devices Market 

    5. Market variable and outlook
    5.1. SWOT Analysis
    5.1.1. Strengths
    5.1.2. Weaknesses
    5.1.3. Opportunities
    5.1.4. Threats
    5.2. PESTEL Analysis
    5.2.1. Political Landscape
    5.2.2. Economic Landscape
    5.2.3. Social Landscape
    5.2.4. Technological Landscape
    5.2.5. Environmental Landscape
    5.2.6. Legal Landscape
    5.3. PORTER’s Five Forces 
    5.3.1. Bargaining power of suppliers
    5.3.2. Bargaining power of buyers
    5.3.3. Threat of Substitute
    5.3.4. Threat of new entrant
    5.3.5. Competitive rivalry
    5.4. Heat Map Analysis

    6. Competitive Landscape
    6.1.  Europe Biopsy Devices  Market Manufacturing Base Distribution, Sales Area, Application Type 
    6.2. Mergers & Acquisitions, Partnerships, Application Launch, and Collaboration in Europe Biopsy Devices  Market 

    7.   Europe Biopsy Devices Market, By Product 2019-2033 (USD Million)
    7.1.   Europe Biopsy Devices   Market Value Share and Forecast, By Product, 2023-2033
    7.2. Localization Wires
    7.3. Needle-Based Biopsy Instruments
    7.4. Procedure Trays
    7.5. Other Products

    8. Europe Biopsy Devices Market, By Application 2019-2033 (USD Million)
    8.1.   Europe Biopsy Devices Market Value Share and Forecast, By Application, 2023-2033
    8.2. Breast Biopsy
    8.3. Colorectal Biopsy,
    8.4. Lung Biopsy
    8.5. Prostate Biopsy
    8.6. Other Applications

    9. Europe Biopsy Devices  Market, By Guidance Technique 2019-2033 (USD Million)
    9.1.   Europe Biopsy Devices Market Value Share and Forecast, By Guidance Technique, 2023-2033
    9.2. Mri-Guided Biopsy
    9.3. Stereotactic-Guided Biopsy
    9.4. Ultrasound-Guided Biopsy
    9.5. Other Guidance Techniques

    10. Europe Biopsy Devices  Market, By End User 2019-2033 (USD Million)
    10.1. Europe Biopsy Devices Market Value Share and Forecast, By End User, 2023-2033
    10.2. Academic and Research Institutes
    10.3. Diagnostic and Imaging Centers
    10.4. Hospitals

    11.   Europe Biopsy Devices Market Forecast, 2019-2033 (USD Million)
    11.1.   Europe Biopsy Devices  Market Size and Market Share

    12.   Europe Biopsy Devices Market, By Product, 2019-2033 (USD Million)
    12.1.  Europe Biopsy Devices Market Size and Market Share By Product (2019-2026)
    12.2.  Europe Biopsy Devices Market Size and Market Share By Product (2027-2033)

    13. Europe Biopsy Devices Market, By Guidance Technique, 2019-2033 (USD Million)
    13.1.  Europe Biopsy Devices Market Size and Market Share By Guidance Technique  (2019-2026)
    13.2.  Europe Biopsy Devices Market Size and Market Share By Guidance Technique  (2027-2033)

    14. Europe Biopsy Devices Market, By End User, 2019-2033 (USD Million)
    14.1.  Europe Biopsy Devices Market Size and Market Share By End User  (2019-2026)
    14.2.  Europe Biopsy Devices Market Size and Market Share By End User (2027-2033)

    15.   Europe Biopsy Devices Market, By Region, 2019-2033 (USD Million)
    15.1.   Europe Biopsy Devices Market Size and Market Share By Region (2019-2026)
    15.2.   Europe Biopsy Devices Market Size and Market Share By Region (2027-2033) 
    15.2.1. Belgium
    15.2.2. France
    15.2.3. Germany
    15.2.4. Italy
    15.2.5. Netherlands
    15.2.6. Russia
    15.2.7. Spain
    15.2.8. Switzerland
    15.2.9. Turkey
    15.2.10. U.K.
    15.2.11.  Rest of Europe

    16. Company Profile
    16.1. AECO Manufacturing (M) Sdn. Bhd.
    16.1.1. Company details
    16.1.2. Financial outlook
    16.1.3. Application summary 
    16.1.4. Recent developments
    16.2. Boston Scientific Corporation
    16.2.1. Company details
    16.2.2. Financial outlook
    16.2.3. Application summary 
    16.2.4. Recent developments
    16.3. Cardinal Health
    16.3.1. Company details
    16.3.2. Financial outlook
    16.3.3. Application summary 
    16.3.4. Recent developments
    16.4. FUJIFILM Holdings Corporation 
    16.4.1. Company details
    16.4.2. Financial outlook
    16.4.3. Application summary 
    16.4.4. Recent developments
    16.5. General Electric Company
    16.5.1. Company details
    16.5.2. Financial outlook
    16.5.3. Application summary 
    16.5.4. Recent developments
    16.6. Scion Medical Technologies
    16.6.1. Company details
    16.6.2. Financial outlook
    16.6.3. Application summary 
    16.6.4. Recent developments
    16.7. Others

    15 List of Abbreviations

    16 Reference Links

    17 Conclusion

    18 Research Scope

    SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

    The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3


    Frequently Asked Questions About This Report
    Europe Biopsy Devices Market is projected to reach USD 871.38 million by 2033, growing at a CAGR of 4.41% during the forecast period.
    Europe Biopsy Devices Market size from 2022. The Market is expected to reach USD 871.38 million by 2033, at a CAGR of 4.41% during the forecast period.
    Europe Biopsy Devices Market CAGR of 4.41% during the forecast period.
    You can get the sample pages by clicking the link - Click Here
    Europe Biopsy Devices Market size is 871.38 million from 2023 to 2033.
    Europe Biopsy Devices Market Segment is covered By Product, Application, By Guidance Technique, By End User.
    The Europe is anticipated to have the highest market share in the Europe Biopsy Devices Market.
    In Europe, the use of biopsy equipment has expanded as a result of these developments. One major factor propelling the market for biopsy instruments is the rising incidence of chronic illnesses, especially cancer.
    "The key players in the market include Companies Covered Devicor Medical Products Inc., ARGON MEDICAL., SOMATEX Medical Technologies GmbH, Scion Medical Technologies, TSK Laboratory Europe B.V., B. Braun Melsungen AG, Cardinal Health, Siemens, General Electric Company, Boston Scientific Corporation, FUJIFILM Holdings Corporation, Olympus Corporation and various others."
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