About Breast Tissue Markers
Breast tissue markers provide the advantage of identifying and marking the biopsy area by marking them with a physical label that provides the surgeon with an advantage in diagnosis and surgery. The traditional method involves the use of a regular stainless steel marker. However, more advanced breast tissue markers such as bioabsorbable and mineral markers are used to ensure complete patient satisfaction with the procedure. Coil breast tissue markers are one of the most widely used systems and have a significant share of the breast tissue marker market. The rate of growth of the breast tissue marker market is directly related to research and innovation in diagnostic technology and bioabsorbable materials, leading to more advanced applications in biopsy technology and diagnostic fields. According to the American Society of Clinical Oncology (ASCO), only 63,000 cases of all people with breast cancer are expected to be affected by in situ breast cancer in the U.S., including 2,000 men, and nearly 16% of cases will result in death from Breast -Cancer. Breast cancer rates began to drop dramatically after 2002 when a study by the Women's Health Initiative (WHI) published the link between breast cancer and hormone replacement therapy. The announcement of the results showed a staggering 8% reduction in breast cancer. According to the latest data from the Breast Cancer Research Organization, an estimated 270,000 new cases of breast cancer will occur in US women alone in 2019. The growing breast cancer patient pool supports the growth of the breast tissue marker market. Offers significant growth options for breast tissue marker manufacturers. As a result, the increasing adoption of tissue markers is expected to increase the market share of the breast tissue markers market. It is estimated that the growing aid from federal and non-governmental reimbursement policies for diagnosis and biopsy will increase the acceptance of breast tissue markers. The addition of bioabsorbable materials to products is intended to provide a more adaptable option for breast tissue markers. However, strict regulatory approvals for breast tissue markers and uncertainties about placement and outcome are expected to inhibit the growth of the breast tissue markers market.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Breast Tissue Markers 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.
Mammotome (United States), Hologic (United States), C.R. Bard (United States), Somatex (United States), Argon Medical (United States), Becton Dickinson (United States), Mermaid Medical (Denmark) and Scion Medical Technologies (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Breast Tissue Markers market by Type (CEA, CA15-3, CA125 and Others), Application (Hospital, Ambulatory Surgical Center, Diagnostic Centers and Specialty Clinics) and Region.
On the basis of geography, the market of Breast Tissue Markers 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). If we see Market by Product Type, the sub-segment i.e. Coil will boost the Breast Tissue Markers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Titanium will boost the Breast Tissue Markers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advanced Breast Tissue Marker Such As Bio-Absorbable and Mineral Based Markers
Market Growth Drivers:
Increased Adoption of Tissue Markers, The Increasing Patient Pool of Breast Cancer and Growing Support for Cancer Patients
Challenges:
Uncertainty in Placement and Outcome
Restraints:
Stringent Regulatory Approvals for Breast Tissue Markers
Opportunities:
The Growing Aid From Government and Nongovernment Organizations and Increasing Investment in the Research and Development Activities
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers of Breast Tissue Markers, Suppliers and Distributors of Breast Tissue Markers, Venture Capitalists and Private Equity Firms and End-Use Industry
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.