Biopsy Devices - Global Market Review & Outlook (2020-2025) – IMARCGroup.com
According to the latest report by IMARC Group, the global biopsy devices market expects to grow at a CAGR of around 5% during 2020-2025. Biopsy devices help in diagnosing and removing cancerous tissues and cells from the body. In order to accomplish this, various devices are used depending on the type of biopsy and procedure. For instance, in needle biopsy, a sample of tissue or fluid is removed using a fine needle, core needle or vacuum-assisted device (VAD). The increasing prevalence of cancer, in confluence with the rising awareness among individuals about the diagnosis and treatment of cancer, represents one of the key factors driving the global biopsy devices market growth. In addition to this, increasing investments by governments of various countries on account of improving healthcare infrastructure, coupled with inflating income levels, acts as another growth-inducing factor. Other than this, increasing research and development (R&D) activities are leading to innov...