About Liver Biopsy System
Liver biopsy is an essential procedure in the diagnosis and treatment of liver diseases. It helps doctors to assess the health of the liver. Also, it is important for many reasons, such as ruling out any coexisting liver disease, staging and grading the severity of liver disease, treatment decisions, patient and provider reassurance, and as a standard for gauging future disease progression. The global liver biopsy system market is projected to witness a significant growth owing to increase in awareness among people about treatment and increased prevalence of liver diseases across the globe.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Companies are implementing various strategies such as mergers & acquisitions, new product development, joint ventures, partnerships and others. Medical technology and healthcare companies are setting standards by manufacturing liver biopsy devices with the help of various technological advancements Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Liver Biopsy System market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Argon Medical Devices, Inc. (United States), Becton Dickinson (United States), Boston Scientific Corporation (United States), Cook Medical (United States), RI.MOS. (Italy), Sterylab (Italy), Veran medical (United States), Medtronic (Ireland), INRAD Inc. (United States) and Kimal Plc (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Adroit Manufacturing Co. (India), Moller Medical (Germany) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Liver Biopsy System market by Type (Needles, Guidance Systems, Biopsy kits and Reagents and Others) and Region.
On the basis of Type, Needles are dominating the market in the year 2023 where as Biopsy kits and Reagents stood as second largest market share.
On the basis of geography, the market of Liver Biopsy System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Asia Pacific, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by End User , the sub-segment i.e. Hospitals & Clinics will boost the Liver Biopsy System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Procedure, the sub-segment i.e. Percutaneous will boost the Liver Biopsy System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Less risk of bleeding complications and less painful approaches
Market Growth Drivers:
Increase in awareness among people about treatment and Increased prevalence of liver diseases across the globe
Challenges:
Complications related to liver biopsy
Restraints:
High cost of diagnostic devices and instruments
Opportunities:
Growing demand for new techniques for diagnosis of chronic and the need for better diagnostic
Market Leaders and their expansionary development strategies
In January 2023, BD, a leading global medical technology company, introduced a new, robotic track system for the BD Kiestra microbiology laboratory solution that automates lab specimen processing, which may help to reduce manual labor and wait time for results.
In August 2022, London-based startup Metadeq has developed a noninvasive blood test with the goal of bypassing the need for liver biopsies when diagnosing the severity of liver disease.
Key Target Audience
Manufacturers of Liver Biopsy Equipments, Suppliers of Liver Biopsy Equipment Parts, Governmental Bodies, Research and Development (R&D) Companies, Academic Institutes and Universities, Medical Device Manufacturers, Medical Device Suppliers and Market Research and Consulting Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.