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Prostate Biopsy Market Overview
Prostate Biopsy Market size is estimated to reach $6,650 million by 2026, after growing at a CAGR of 5% during the forecast period 2021-2026. Prostate biopsy is used for the treatment of prostate cancer which is ideal to collect sample tissue from prostate to identify cancer. The prostate specific antigen test (PSA Test) is used in screening prostate cancer and helps to determine the necessity for prostate biopsy. With the help of biopsy procedure, small sample of prostate are removed to verify the presence of cancer. A prostate biopsy uses transrectal ultrasound which is used to investigate prostate cancer. During surgery, prostate gland tissue is taken out with a biopsy needle through prostate biopsy in order to test the presence of cancer. Growing incidence of prostate cancer and rising technological development is the major factor driving the growth of this market. Furthermore, increasing research and development activities is set to further enhance the overall market demand for Prostate Biopsy Market for the period 2021-2026.
Prostate Biopsy Market Report Coverage
The report: “Prostate Biopsy Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Prostate Biopsy Market.
By Type: Prostate Needle Biopsy, and Prostate Liquid Biopsy
By End-Use Industry: Hospitals, Ambulatory Surgical Center, and Others
By Geography: North America (U.S., Canada, Mexico), Europe (U.K, Germany, Italy, France, Spain, Russia, Rest of Europe), Asia Pacific (China, Australia, Japan, South Korea, India, Rest of Asia Pacific), South America (Brazil, Argentina, Others) and Rest of the World (Middle East, Africa)
Key Takeaways
• Geographically, in 2020, North America dominated the Prostate Biopsy Market owing to availability of advanced biopsy devices and awareness among the people about disease.
• Growing incidence of prostate cancer and rising technological development are likely to aid in the market growth of the Prostate Biopsy.
• Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Prostate Biopsy Market report.
• High cost associated with prostate biopsy is set to create hurdles for the Prostate Biopsy Market.
Prostate Biopsy Market Size, By Type 2020-2026 (USD Million)
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Prostate Biopsy Segment Analysis – By Type
The global Prostate Biopsy Market based on Type can be further segmented into Prostate Needle Biopsy, and Prostate Liquid Biopsy. The Prostate Needle Biopsy segment is the major segment generating revenue in 2020, owing to accurate sampling of prostatic tissue that are considered at high risk for prostatic cancer. The Prostate Liquid Biopsy segment is estimated to register the fastest CAGR of 5.9% for the period 2021-2026. This is owing to easy procedure, low cost and fast and helps to overcome cancer by providing a more systemic view of cancer that increases the use of PSA test through prostate biopsy and are increasing the growth of this segment.
Prostate Biopsy Segment Analysis – By End-Use Industry
The global Prostate Biopsy Market based on End-Use Industry can be further segmented into, Hospitals, Ambulatory Surgical Centers, and Others. The Hospitals segment registers for the Prostate Biopsy highest market share in 2020. This is mainly owing to increasing availability of large number of beds that provides quick services, proper treatment and availability of skilled professional and the availability of transrectal ultrasound increases the demand of treatment in hospitals and are increasing the growth of this segment. The ambulatory surgical centers segment is estimated to register the fastest CAGR of 5.1% over 2021-2026. This is mainly owing to availability of providing healthcare facilities that are focused on providing same-day surgical assistance, including diagnostic and preventive procedures and are increasing the growth of this market.
Prostate Biopsy Segment Analysis – By Geography
North America dominated the Prostate Biopsy Market with major share of 40% in 2020. This is owing to availability of advanced biopsy devices and awareness among the people about disease. According to American Cancer Society, about 191,930 men in U.S. are diagnosed with prostate cancer that increases the treatment of prostate biopsy and are increasing the growth of this market.
However, Asia-Pacific is estimated to outpace all the regions by clocking the highest CAGR of 8% during the forecast period 2021-2026 owing to rising geriatric population and increasing development in healthcare facilities.
Prostate Biopsy Market Drivers
Growing Incidence of Prostate Cancer
Increasing incidence of prostate cancer and increasing demand for prostate biopsy treatment increases the growth of the Prostate Biopsy Market. According to World Health Organization, about 70% of death occur from cancer and about 1.41 million people have prostate cancer that increasing the growth of the Prostate Biopsy Market over 2021-2026.
Rising Technological Development
Increasing advancement in the treatment of prostate cancer and rising advancement in technology is increasing the growth of the Prostate Biopsy Market. Moreover, increasing cancer therapies such as radiation, chemotherapy, hormone therapy helps to prevent from cancer that increases the growth of Prostate Biopsy Market over 2021-2026.
Covid Impact:
COVID-19 pandemic had greatly affected the Prostate Biopsy Market. Owing to pandemic, the risk of SARS-CoV-2 infection increases for the prostate cancer patients and the treatments are planned remotely which make delays for some patients for the treatment that are negatively affected the growth of this market.
Prostate Biopsy Market Challenges
High Cost Associated with Prostate Biopsy
The factors that is set to impede the growth of the Prostate Biopsy Market are the high cost of biopsy treatment. Moreover, lack of skilled professional for the treatment of prostate biopsy is set to create hurdles for the Prostate Biopsy Market.
Prostate Biopsy Market Landscape
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Prostate Biopsy Market. Prostate Biopsy top 10 companies include, Koninklijke Philips N.V., Eigen, 3D Biopsy Inc., BIOBOT SURGICAL PTE LTD, Cook, Boston Scientific Corporation, STERIS LAB S.r.l, C. R. Bard, Inc., and Thermo Fisher Scientific Inc.
Development
In December 2019, Koninklijke Philips N.V. has collaboration with Paige in order to develop the diagnosis of cancer disease and helps in development for the treatment of prostate cancer.
Relevant Reports:
Report Code: HCR 34326
Report Code: HCR 0038
For more Lifesciences and Healthcare Market reports, please click here
1. Prostate Biopsy Market Overview
1.1 Definitions and Scope
2. Prostate Biopsy Market Executive Summary
2.1 Market Size and Key Trends
2.2 Key trends by Type
2.3 Key trends by End-Use Industry
2.4 Key trends by Geography
3. Prostate Biopsy Market Landscape
3.1 Market Share Analysis- Key Companies
3.2 Product Benchmarking- Key Companies
3.3 Financial Analysis - Key Companies
3.4 Patent Analysis
3.5 Pricing Analysis
4. Prostate Biopsy Market- Startup companies Scenario Premium Premium
4.1 Key startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Application Analysis
4.1.4 Venture Capital and Funding Scenario
5. Prostate Biopsy Market- Industry Market Entry Scenario Premium Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case Studies of successful ventures
6. Prostate Biopsy Market Forces
6.1 Market Drivers
6.2 Market Constraints/Challenges
6.3 Porters Five Force Model
6.3.1 Bargaining Power of Suppliers
6.3.2 Bargaining Powers of Customers
6.3.3 Threat of New Entrants
6.3.4 Rivalry Among Existing Players
6.3.5 Threat of Substitutes
7. Prostate Biopsy Market Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Market Life Cycle
8. Prostate Biopsy Market– By Type (Market Size -$Million/$Billion)
8.1 Prostate Needle Biopsy
8.2 Prostate Liquid Biopsy
9. Prostate Biopsy Market– By End-Use Industry (Market Size -$Million/$Billion)
9.1 Hospitals
9.2 Ambulatory Surgical Centers
9.3 Others
10. Prostate Biopsy Market- By Geography (Market Size -$Million/$Billion)
10.1 North America
10.1.1 U.S.
10.1.2 Canada
10.1.3 Mexico
10.2 Europe
10.2.1 U.K.
10.2.2 Germany
10.2.3 Italy
10.2.4 France
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Asia-Pacific
10.3.1 China
10.3.2 Australia
10.3.3 Japan
10.3.4 South Korea
10.3.5 India
10.3.6 Rest of Asia-Pacific
10.4 South America
10.4.1 Brazil
10.4.2 Argentina
10.4.3 Others
10.5 Rest of the World
10.5.1 Middle East
10.5.2 Africa
11. Prostate Biopsy Market Entropy
12. Prostate Biopsy Market- Industry / Segment Competition landscape Premium Premium
12.1 Market Share Analysis
12.1.1 Market Share by Country- Key companies
12.1.2 Market Share by Region- Key companies
12.1.3 Market Share at Global Level- Key companies
12.1.4 Best Practices for Companies
13. Prostate Biopsy Market- Key Company List by Country Premium Premium
14. Prostate Biopsy Market Company Analysis
14.1 Company Revenue, Products, M&A, Developments
14.2 Company 1
14.3 Company 2
14.4 Company 3
14.5 Company 4
14.6 Company 5
14.7 Company 6
14.8 Company 7
14.9 Company 8
14.10 Company 9
14.11 Company 10
"*Financials for private companies would be provided on a best efforts basis”.
LIST OF TABLES
1.Global GLOBAL PROSTATE BIOPSY MARKET, BY TYPE Market 2019-2024 ($M)1.1 PROSTATE NEEDLE BIOPSY Market 2019-2024 ($M) - Global Industry Research
1.2 PROSTATE LIQUID BIOPSY Market 2019-2024 ($M) - Global Industry Research
2.Global GLOBAL PROSTATE BIOPSY MARKET, BY END USERS Market 2019-2024 ($M)
2.1 HOSPITALS Market 2019-2024 ($M) - Global Industry Research
2.2 DIAGNOSTIC CENTRES Market 2019-2024 ($M) - Global Industry Research
2.3 AMBULATORY SURGICAL CENTRES Market 2019-2024 ($M) - Global Industry Research
3.Global GLOBAL PROSTATE BIOPSY MARKET, BY TYPE Market 2019-2024 (Volume/Units)
3.1 PROSTATE NEEDLE BIOPSY Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 PROSTATE LIQUID BIOPSY Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global GLOBAL PROSTATE BIOPSY MARKET, BY END USERS Market 2019-2024 (Volume/Units)
4.1 HOSPITALS Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 DIAGNOSTIC CENTRES Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 AMBULATORY SURGICAL CENTRES Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America GLOBAL PROSTATE BIOPSY MARKET, BY TYPE Market 2019-2024 ($M)
5.1 PROSTATE NEEDLE BIOPSY Market 2019-2024 ($M) - Regional Industry Research
5.2 PROSTATE LIQUID BIOPSY Market 2019-2024 ($M) - Regional Industry Research
6.North America GLOBAL PROSTATE BIOPSY MARKET, BY END USERS Market 2019-2024 ($M)
6.1 HOSPITALS Market 2019-2024 ($M) - Regional Industry Research
6.2 DIAGNOSTIC CENTRES Market 2019-2024 ($M) - Regional Industry Research
6.3 AMBULATORY SURGICAL CENTRES Market 2019-2024 ($M) - Regional Industry Research
7.South America GLOBAL PROSTATE BIOPSY MARKET, BY TYPE Market 2019-2024 ($M)
7.1 PROSTATE NEEDLE BIOPSY Market 2019-2024 ($M) - Regional Industry Research
7.2 PROSTATE LIQUID BIOPSY Market 2019-2024 ($M) - Regional Industry Research
8.South America GLOBAL PROSTATE BIOPSY MARKET, BY END USERS Market 2019-2024 ($M)
8.1 HOSPITALS Market 2019-2024 ($M) - Regional Industry Research
8.2 DIAGNOSTIC CENTRES Market 2019-2024 ($M) - Regional Industry Research
8.3 AMBULATORY SURGICAL CENTRES Market 2019-2024 ($M) - Regional Industry Research
9.Europe GLOBAL PROSTATE BIOPSY MARKET, BY TYPE Market 2019-2024 ($M)
9.1 PROSTATE NEEDLE BIOPSY Market 2019-2024 ($M) - Regional Industry Research
9.2 PROSTATE LIQUID BIOPSY Market 2019-2024 ($M) - Regional Industry Research
10.Europe GLOBAL PROSTATE BIOPSY MARKET, BY END USERS Market 2019-2024 ($M)
10.1 HOSPITALS Market 2019-2024 ($M) - Regional Industry Research
10.2 DIAGNOSTIC CENTRES Market 2019-2024 ($M) - Regional Industry Research
10.3 AMBULATORY SURGICAL CENTRES Market 2019-2024 ($M) - Regional Industry Research
11.APAC GLOBAL PROSTATE BIOPSY MARKET, BY TYPE Market 2019-2024 ($M)
11.1 PROSTATE NEEDLE BIOPSY Market 2019-2024 ($M) - Regional Industry Research
11.2 PROSTATE LIQUID BIOPSY Market 2019-2024 ($M) - Regional Industry Research
12.APAC GLOBAL PROSTATE BIOPSY MARKET, BY END USERS Market 2019-2024 ($M)
12.1 HOSPITALS Market 2019-2024 ($M) - Regional Industry Research
12.2 DIAGNOSTIC CENTRES Market 2019-2024 ($M) - Regional Industry Research
12.3 AMBULATORY SURGICAL CENTRES Market 2019-2024 ($M) - Regional Industry Research
13.MENA GLOBAL PROSTATE BIOPSY MARKET, BY TYPE Market 2019-2024 ($M)
13.1 PROSTATE NEEDLE BIOPSY Market 2019-2024 ($M) - Regional Industry Research
13.2 PROSTATE LIQUID BIOPSY Market 2019-2024 ($M) - Regional Industry Research
14.MENA GLOBAL PROSTATE BIOPSY MARKET, BY END USERS Market 2019-2024 ($M)
14.1 HOSPITALS Market 2019-2024 ($M) - Regional Industry Research
14.2 DIAGNOSTIC CENTRES Market 2019-2024 ($M) - Regional Industry Research
14.3 AMBULATORY SURGICAL CENTRES Market 2019-2024 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Prostate Biopsy Market Revenue, 2019-2024 ($M)2.Canada Prostate Biopsy Market Revenue, 2019-2024 ($M)
3.Mexico Prostate Biopsy Market Revenue, 2019-2024 ($M)
4.Brazil Prostate Biopsy Market Revenue, 2019-2024 ($M)
5.Argentina Prostate Biopsy Market Revenue, 2019-2024 ($M)
6.Peru Prostate Biopsy Market Revenue, 2019-2024 ($M)
7.Colombia Prostate Biopsy Market Revenue, 2019-2024 ($M)
8.Chile Prostate Biopsy Market Revenue, 2019-2024 ($M)
9.Rest of South America Prostate Biopsy Market Revenue, 2019-2024 ($M)
10.UK Prostate Biopsy Market Revenue, 2019-2024 ($M)
11.Germany Prostate Biopsy Market Revenue, 2019-2024 ($M)
12.France Prostate Biopsy Market Revenue, 2019-2024 ($M)
13.Italy Prostate Biopsy Market Revenue, 2019-2024 ($M)
14.Spain Prostate Biopsy Market Revenue, 2019-2024 ($M)
15.Rest of Europe Prostate Biopsy Market Revenue, 2019-2024 ($M)
16.China Prostate Biopsy Market Revenue, 2019-2024 ($M)
17.India Prostate Biopsy Market Revenue, 2019-2024 ($M)
18.Japan Prostate Biopsy Market Revenue, 2019-2024 ($M)
19.South Korea Prostate Biopsy Market Revenue, 2019-2024 ($M)
20.South Africa Prostate Biopsy Market Revenue, 2019-2024 ($M)
21.North America Prostate Biopsy By Application
22.South America Prostate Biopsy By Application
23.Europe Prostate Biopsy By Application
24.APAC Prostate Biopsy By Application
25.MENA Prostate Biopsy By Application
26.C.R BARD INC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.COOK, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.ENDO-MED TECHNOLOGICALS PVT LTD., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.SOMATEX MEDICAL TECHNOLOGIES GMBH, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.BOSTON SCIENTIFIC CORPORATION, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.ARGON MEDICAL DEVICES INC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.PATHWAY GENOMICS, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.UROMED, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.UROTECH, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.EXOSOME DIAGNOSTCS, Sales /Revenue, 2015-2018 ($Mn/$Bn)