SEATTLE, May 28, 2021, (MEDGADGET) — Global Sarcoma Biopsy Market
Overview:
A biopsy is a procedure in which a small amount of tissue is removed for examination under a microscope. Although imaging tests may suggest a sarcoma diagnosis, a biopsy is required to confirm the diagnosis and determine the type of sarcoma. To diagnose sarcomas, several types of biopsies are used, of which, the majority of which are needle biopsies, in which a needle is used to access the suspicious tissue of the sarcoma.
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Drivers:
Rising incidence of osteosarcoma (common type of cancer) is expected to augment the global sarcoma biopsy market growth over the forecast period. According to the American Cancer Society, each year, about 800 to 900 new cases of osteosarcoma are diagnosed in the United States, of which, around 50% of cases occurs in children and young adults.
Moreover, increasing prevalence of bone cancer is expected to boost the global sarcoma biopsy market growth. According to the American Society of Clinical Oncology, in the U.S., around 3,450 new cases of bone cancer were registered and total 1,590 deaths occurred due to bone cancer in 2018.
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Segmentation:
By Product Type:
- Reusable Device
- Disposable Devices
By End User:
- Hospitals
- Ambulatory Surgical Centres
- Diagnostic Centres
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East, and Africa
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Regional Analysis:
North America is expected to witness robust growth in the global sarcoma biopsy market due to increasing healthcare spending in the region, especially in the United States. According the Committee for a Responsible Federal Budget, the United States spent approximately US$ 3.5 trillion, or 18% of total GDP, on health expenditures in 2017, which is more than twice the average among developed countries.
The Asia Pacific is also expected to witness substantial growth in the global sarcoma biopsy market due to increasing healthcare facilities in the region. According to the India Brand Equity Foundation (IBEF), in India, there were around 196,312 hospitals and 156,926 sub centres in 2015.
Competitive Section:
Major players active in the global sarcoma biopsy market are C. R. Bard, Inc., C. R. Bard, Inc., Becton, Argon Medical Devices, Dickinson and Company, Cook Medical Incorporated, UROMED, InVivo Therapeutics Corporation, and Sterylab.
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