Global Skin Biopsy Market Overview:
A skin biopsy is a procedure that removes a small sample of skin for testing. The procedure can help diagnose a skin lesion (an abnormal skin area). The skin sample is looked at under a microscope to check for skin cancer, various skin conditions, or skin infections. An increase in the prevalence of skin conditions increases the demand for skin biopsy thereby leading to a rise in the demand for skin biopsy treatment.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Significant Investments by the Government to Improve Healthcare Infrastructure
Market Growth Drivers:
The surge in Demand for Advanced Healthcare Facilities, Rise in Prevalence of Skin Cancer Cases and Development of the Medical Tourism Industry in Emerging Countries
Challenges:
Side Effects Of Skin Biopsy Treatment May Negatively Influence The Market.
Restraints:
Lack of Awareness about Advanced Diagnostic Techniques and New Imaging Technology May Reduce Need for Skin Biopsies
Opportunities:
Rise in Technology Advancement of Virtual Histology and New Product Innovations, Product Launches, and Approvals
Competitive Landscape:
Skin Biopsy Market is a fragmented market due to the presence of a large number of established competitors. The key players are highly focused on developing and innovating new virtual histology technology to maintain their market position. The increasing demand for skin biopsy and also rise in the demand for skin biopsy treatment is the main driver of market growth. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are AccuTec, Inc. (Mexico), Cardinal Health Inc. (United States), Innovia Medical (United States), Integra LifeSciences (United States), Vernacare (United Kingdom), Becton (United States), Dickinson and Company (United Kingdom), KAI Group (Japan), Paramount Surgimed Limited (India), World Precision Instruments (United States) and Merit Medical Systems (United States). Considering Market by Disease Type, the sub-segment i.e. Skin Cancer will boost the Skin Biopsy market. Considering Market by Techniques, the sub-segment i.e. Shave Biopsy will boost the Skin Biopsy market. Considering Market by Devices, the sub-segment i.e. Biopsy Guns will boost the Skin Biopsy market. Considering Market by End User, the sub-segment i.e. Hospital and Clinics will boost the Skin Biopsy market.
Latest Market Insights:
In October 2019, Innovia Medical announced a partnership with DTR Medical. The acquisition of DTR Medical strengthens Innovia's global presence in the otolaryngology and ophthalmology markets, and opened new opportunities in areas such as obstetrics and gynecology, and general surgery. Surgical products include rotary biopsy punches, Frazier suction handles, Tibbs arterial cannulas, and ear speculums.
In September 2022, Merit Medical Systems launched the Temno Elite soft tissue biopsy system in South Jordan, Utah, and the USA. Merit designed the Temno Elite for use in a variety of soft tissue locations. These include suspected lesions of the liver, lungs, lymph nodes, kidneys, and other soft tissues. This launch helped merit medical systems to expand their presence in the skin biopsy market.
What Can be Explored with the Skin Biopsy Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Skin Biopsy Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Skin Biopsy
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Skin Biopsy market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Skin Biopsy market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Research and Development (R&D) companies, Market research and consulting service providers, Government Agencies and End User Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.