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Breast Lesion Localization Methods Market Worth $1.98 Billion by 2026 – Exclusive Report by Reportocean.com

Breast Lesion Localization Methods Market [By Type (Wire Localization Biopsy, Radioisotope Localization (Radio-Guided Occult Lesion Localization, and Radioactive Seed Localization), Magnetic Tracer, and Others); and by Regions (North America – U.S., Canada; Europe – Germany, UK, France, Italy, Russia; Asia-Pacific – China, India, Japan, Australia; Latin America – Brazil, Mexico; Middle East & Africa)]: Market size & Forecast, 2018 – 2026

The Global Breast Lesion Localization Methods Market is expected to grow at a CAGR of 14.9% during the forecast period 2018-2026. As per the analysis, the global market was valued $570.35 million in the year 2017 and expected to reach $1.98 billion by the end of the year 2026.

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The Global Breast Lesion Localization Methods Market growth is driven by various factors such as increasing number of patients suffering from breast cancer coupled with favorable reimbursement policies in developed economies. As per the World Health Organization (WHO), in the year 2012, breast cancer accounted as the second most prevalent disease in the world and recorded as the largest type of cancer among women with estimated cases of ~1.7 million new cancer cases in 2012. Additionally, as per the data from Breastcancer.org, in the year 2020, in the United States, ~276,480 new invasive breast cancer cases are expected to be diagnosed in women along with ~48,530 new cases of non-invasive breast cancer. Thus, high number of breast cancer prevalence create significant market environment for the global breast lesion localization methods market during the forecast period.

Additionally, technological advancement including magnetic tracer and electromagnetic is also driving the market growth. Furthermore, increasing awareness regarding breast cancer amongst the people coupled with quality treatment offered by various regions is another factor boosting the demand of Breast Lesion Localization Methods that in turn positively influencing the market growth over the forecast period.

Segmentation Overview of the Global Breast Lesion Localization Methods Market

The global market is segmented on the basis of type segment is which is categorized into Radioisotope Localization, Wire Localization Biopsy, Magnetic Tracer and Others. These segments were studied to get market insights in detail.

The Radioisotope Localization Magnetic Tracer is further segmented into Radioactive seed localization and Radio-guided occult lesion localization.

As per the market study, the wire localization segment is expected to dominate the global market, owing to higher implementation and early adoption among various end-users such as oncology treatment centers and hospitals. Whereas, Magnetic tracers are expected hold the position of fastest growing segment during the forecast period, owing to their high efficiency to introduce new methods to cure cancer. Additionally, improved workflow management, better-quality and economical surgical design boost the growth of the segment.

Geographical Overview of the Global Breast Lesion Localization Methods Market

On the basis of geographical segmentation, the global breast lesion localization methods market was studied across North America (U.S., Canada); Europe (Germany, UK, France); Asia Pacific (China, India, Japan); Latin America (Brazil, Mexico); Middle East & Africa. As per the analysis, the North American region is anticipated to account for highest market share in the year 2017. The regional dominance is due to presence of key market players in the region, high adoption rate of localization methods and developed healthcare infrastructure. Furthermore, increasing number of breast cancer treatment and favorable government support are some supported growth drivers that are anticipated to fuel the profitable market growth in this region. However, the Asia Pacific region is predicted to be the highest growing region in the global market. The market growth is supported by various factors such as increasing per capita income in the region, increasing awareness regarding early cancer diagnosis and increasing awareness regarding early cancer diagnosis.

Market Players Insights

C.R. BARD, Inc., Argon Medical Devices, Inc., SOMATEX Medical Technologies GmbH, CP Medical, Inc., STERYLAB, Cook Medical and Cianna Medical among others are some major players included in the research study of the Global Breast Lesion Localization Methods Market.

Table of Content

1. Overview and Scope

1.1. Research goal & scope

1.2. Research assumptions

1.3. Research Methodology

1.3.1. Primary data sources

1.3.2. Secondary data sources

1.4. Key take-aways

1.5. Stakeholders

2. Executive Summary

2.1. Market Definition

2.2. Market Segmentation

3. Breast Lesion Localization Methods Market Insights

3.1. Breast Lesion Localization Methods – Industry snapshot

3.2. Breast Lesion Localization Methods – Ecosystem analysis

3.3. Breast Lesion Localization Methods Market dynamics

3.3.1. Breast Lesion Localization Methods – Market Forces

3.3.1.1. Breast Lesion Localization Methods Market driver analysis

3.3.1.2. Breast Lesion Localization Methods Market restraint/challenges analysis

3.3.1.3. Breast Lesion Localization Methods Market opportunity analysis

3.4. Industry analysis – Porter’s five force

3.4.1. Bargaining power of supplier

3.4.2. Bargaining power of buyer

3.4.3. Threat of substitute

3.4.4. Threat of new entrant

3.4.5. Degree of competition

3.5. Breast Lesion Localization Methods Market PEST analysis, 2017

3.6. Breast Lesion Localization Methods Industry trends

3.7. Competitive Ranking Analysis

4. Breast Lesion Localization Methods Market Size and Forecast by Type

4.1. Key findings

4.2. Wire Localization biopsy

4.2.1. Global market estimates and forecasts, 2017 – 2026

4.3. Radioisotope localization

4.3.1. Global market estimates and forecasts, 2017 – 2026

4.3.1.1. Radio-guided occult lesion localization

4.3.1.2. Radioactive seed localization

4.3.2. Magnetic tracer

4.3.2.1. Global market estimates and forecasts, 2017 – 2026

4.3.3. Others

4.3.3.1. Global market estimates and forecasts, 2017 – 2026

5. Breast Lesion Localization Methods Market Size and Forecast by Regions

5.1. Key findings

5.2. North America

5.2.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

5.2.2. U.S.

5.2.2.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

5.2.3. Canada

5.2.3.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

5.3. Europe

5.3.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

5.3.2. Germany

5.3.2.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

5.3.3. UK

5.3.3.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

5.3.4. France

5.3.4.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

5.3.5. Italy

5.3.5.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

5.4. Asia Pacific

5.4.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

5.4.2. China

5.4.2.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

5.4.3. India

5.4.3.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

5.4.4. Japan

5.4.4.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

5.4.5. Australia

5.4.5.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

5.5. Latin America

5.5.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

5.5.2. Brazil

5.5.2.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

5.5.3. Mexico

5.5.3.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

5.6. Middle East & Africa

5.6.1. Breast Lesion Localization Methods Market by Type, 2017 – 2026

6. Company Profiles

6.1. Cianna Medical

6.1.1. Overview

6.1.2. Financials

6.1.3. Product Benchmarking

6.1.4. Recent Developments

6.2. Cook Medical

6.2.1. Overview

6.2.2. Financials

6.2.3. Product Benchmarking

6.2.4. Recent Developments

6.3. STERYLAB

6.3.1. Overview

6.3.2. Financials

6.3.3. Product Benchmarking

6.3.4. Recent Developments

6.4. Omega Diagnostics

6.4.1. Overview

6.4.2. Financials

6.4.3. Product Benchmarking

6.4.4. Recent Developments

6.5. CP Medical, Inc.

6.5.1. Overview

6.5.2. Financials

6.5.3. Product Benchmarking

6.5.4. Recent Developments

6.6. SOMATEX Medical Technologies GmbH

6.6.1. Overview

6.6.2. Financials

6.6.3. Product Benchmarking

6.6.4. Recent Developments

6.7. Argon Medical Devices, Inc.

6.7.1. Overview

6.7.2. Financials

6.7.3. Product Benchmarking

6.8. R. BARD, Inc.

6.8.1. Overview

6.8.2. Financials

6.8.3. Product Benchmarking

6.8.4. Recent Developments

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About the author

Sharan Stone

Sharan Stone

Sharan comes to Market Research Tab with more than 7 years of experience as an editor. Sharan has his fingers firmly placed on the pulse of the business world and he covers retail, construction, and other industries as an editor for Market Research Tab. Email: [email protected]

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