WILMINGTON, DE / ACCESSWIRE / October 3, 2022 / Transparency Market Research Inc. -In 2021, the global breast tissue markers market size was worth US$ 2.5 Bn. The global market is anticipated to rise at 8.3% CAGR during the forecast period, from 2022 to 2031. By 2031, the global breast tissue markers market is estimated to touch valuation surpassing US$ 5.8 Bn. Increasing breast cancer cases have forced governments all over the world to raise awareness about the significance of early identification of breast cancer. In the coming years, this is anticipated to drive the growth of the global market for breast tissue markers. Breast tissue markers provide the surgeon with the benefit of locating and physically tagging the biopsy location, enabling him to detect and perform surgery more successfully.
The conventional approach makes use of a typical stainless steel marker. In order to guarantee total patient satisfaction, more sophisticated breast tissue indicators, such as mineral-based and also partly bio-absorbable markers, are utilized. Major companies in the industry are developing novel breast biopsy kits with tissue markers to increase their market share. In the coming years, growing use of tissue marker is projected to boost expansion of the global breast tissue markers market.
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In 2021, North America held a significant portion of the breast tissue markers market share, accounting for over 40.0% of it. The region is predicted to lead the global market for breast tissue markers in the coming years due to increasing patient knowledge, technological improvements, and favorable reimbursement policies, based on the market prediction. In North America, the incidence of breast cancer is climbing, which is why the use of sophisticated diagnostic methods in the region is expected to rise in the upcoming years.
Key Findings of Market Report
- Breast biopsy implants made of biodegradable breast tissue are now being created. For the requisite follow-up period, such as six months, these biodegradable breast biopsy markers can function as physical indicators of breast cancer development zones before being totally removed from the body. Such innovations are likely to drive future market demand for breast tissue markers in the near future.
- In order to lower the death rates linked to breast cancer, regional government agencies are initiating breast cancer screening as well as awareness campaigns. Public groups can promote breast cancer education and breast cancer treatment options by starting breast cancer awareness initiatives. These initiatives are anticipated to inspire patients who have recently been diagnosed with breast cancer, propelling the global market.
- Breast biopsies can be utilized to check for various disorders that are found during a physical check-up, besides being used to identify breast cancer. Breast tissue extracted during a biopsy operation is identified by the usage of markers for breast tissue. Breast biopsy procedures are becoming more common, which is likely to present leading players in breast tissue markers market with development potential.
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Global Breast Tissue Markers Market: Growth Drivers
- Based on product, partially biodegradable breast tissue markers frequently utilize coil breast tissue markers. By detecting and physically designating the sample location, these breast tissue markers assist a surgeon in diagnosing and performing procedures more successfully.
- Depending on end user, more and more people are looking for healthcare facilities that prioritize the needs of their patients. These hospitals develop a reputation for providing patients with high-quality treatment, offering them a strategic advantage over facilities that continue to depend on outdated procedures. The hospitals category is expected to be driven by a general decline in hospital care costs during the projection period.
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Global Breast Tissue Markers Market: Key Players
Some of the key market players are
- SOMATEX Medical Technologies GmbH
- Carbon Medical Technologies, Inc.
- Mermaid Medical A/S
- Hologic, Inc.
- Scion Medical Technologies, LLC
- Becton, Dickinson and Company
Global Breast Tissue Markers Market: Segmentation
Product
- Coil
- Ribbon
- Bowtie
- Butterfly
- U Shape
- Others
Material
- Non-biodegradable
- Partially Biodegradable
End User
- Hospitals
- Ambulatory Surgical Centers
- Diagnostic Centers
- Specialty Clinics
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