The global Polyp Biopsy research report 2028, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Polyp Biopsy market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
The polyp biopsy market is expected to witness market growth at a rate of 5.88% in the forecast period of 2021 to 2028 and is expected to reach USD 1,826.72 million by 2028.
Top Companies in the Global Polyp Biopsy Market:
Angiotech, BD, Hologic, Inc., INRAD, Inc., Devicor Medical Products, Inc., Olympus Corporation, DTR Medical Ltd, Cigna, Dr Lal PathLabs, STERIS, Mayo Foundation, Boston Scientific Corporation, among others.
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Market Segmentation:
The polyp biopsy market is segmented on the basis of type, distribution channel and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the polyp biopsy market is segmented into colonoscopy, colposcopy-directed biopsy, esophagogastroduodenoscopy and laryngoscopy.
- On the basis of distribution channel, the polyp biopsy market is segmented into online sales channels and retail pharmacies.
- On the basis of end user, the polyp biopsy market is segmented into hospitals & clinics, diagnostic centres and academic & research organizations.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
North America dominates the polyp biopsy market because of the presence of developed economies such as the U.S. and Canada, high expenditure on the health care and extensive use of medications in the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 due to the growth of healthcare sector, increasing government initiatives and availability of technologically enhanced smart biopsy devices in the region.
The country section of the polyp biopsy market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Polyps refer to abnormal tissue growths that most often look similar to flat, small bumps or tiny mushroom type stalks. Most of these are small and less than half an inch wide. Most of these polyps are small and less than half an inch wide which are benign or non-cancerous. The abnormal cell growth result in polyps, thus they could turn into malignant or cancerous. Doctor assist in determining the growth is a polyp by performing a biopsy. A small sample of tissue is taken and tested to see the presence of cancerous cells.
The increase in the cases of polyps and increasing incidences of colorectal cancer act as the major factors driving the growth of polyp biopsy market. The high usage of the biopsy to diagnose cancer and help distinguish healthy cells or calluses from tumorous cells and increasing demand for minimally invasive medical procedures accelerate the polyp biopsy market growth. The increasing adoption of the procedure by interventional radiologists and the diagnostic department to determine diseases for a healthcare institution such as medical clinics and diagnostic centers among others and rise in awareness regarding early diagnosis and its benefits among people further influence the polyp biopsy market. Additionally, growing population, unhealthy lifestyle, rising awareness about various diseases, surge in healthcare expenditure and growing number of cancer awareness campaigns positively affect the polyp biopsy market. Furthermore, technological advancement extends profitable opportunity to the polyp biopsy market players in the forecast period of 2021 to 2028.
On the other hand, the issues with the uncertain regulatory norms and policies are expected to obstruct the polyp biopsy market growth. The rise in the concerns regarding the biopsy-related risk of infections is projected to challenge the polyp biopsy market in the forecast period of 2021-2028.
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