Breast Lesion Localization Methods – Advancements in Screening Techniques Favoring Demand for Non-palpable Invasive Surgeries
The global breast lesion localization methods market was valued at US$ 400.9 million in 2015 and is expected to witness a robust CAGR of 11.0% during the forecast period (2018–2026)
According to U.S. Centers for Disease Control and Prevention, adult women (18 -29 years) with breast cancer in the U.S. spend US$ 19,435 more on medical care than those without breast cancer, every year. Increasing incidence of breast cancer is further expected to augment market growth. Introduction of cost-effective methods to help tackle breast cancer is expected to boost adoption of breast lesion localization method in the near future.
Various manufacturers are developing new products to strengthen their foothold in the market, which in turn, is expected to favor growth of the breast lesion localization methods market. For instance, according to Xconomy, Inc., in 2017, Elucent Medical, a newly formed organization, raised around US$ 7.0 million for development of breast cancer medical devices to enrich its product portfolio. Furthermore, growing healthcare expenditure by local governments is contributing to growth in healthcare infrastructure, primarily in emerging economies.
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The Breast Lesion Localization Methods Market research report covers the present scenario and the growth prospects of the global Breast Lesion Localization Methods industry for 2018-2026. The report enlists several important factors, starting from the basics to advanced market intelligence which play a crucial part in strategizing.
Key Vendors of Breast Lesion Localization Methods Market: Key companies covered as a part of this study include Cook Medical Inc., Argon Medical Devices, Inc., C. R. Bard, Inc., SOMATEX Medical Technologies GmbH, Tsunami S.r.l, Sterylab Medical and Biopsybell Srl.
Breast Lesion Localization Methods market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
Regions of Breast Lesion Localization Methods market:
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In the end, the report makes some important proposals for a new project of Breast Lesion Localization Methods Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2016-2020 global Breast Lesion Localization Methods industry covering all important parameters.
Breast Lesion Localization Methods driver
Breast Lesion Localization Methods challenge
Breast Lesion Localization Methods trend
The wire guided localization segment was estimated to be the largest in 2015 and is expected to retain its dominance in the market throughout the forecast period in terms of value closely followed by radio guided occult lesion localization. Rise in prevalence for breast cancer globally is projected to support the growth for the market in the near future.
In terms of end user segment, the hospitals end user segment is expected to expand at a significant CAGR of 12.1% during the forecast period, owing to more advanced in terms of infrastructural installations of medical systems
The global breast lesion localization methods market is characterized by strategic research and development and advancements in the methods for localization under various medical devices.
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