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The AsiaPacific Biosy Device market generated a revenue of $264 million in the year 2017. The market is poised to grow at a CAGR of 7.41% over the forecast period of 20172025 and is predicted to generate a revenue of $508 million by the end of the forecast period.
The biopsy device market is mainly segmented into display technologies CT guided, MRI guided, Ultrasound guided, endusers diagnostic center hospitals, etc, devices gynecology biopsy device, soft tissue biopsy needles, robotic guidance system, etc, and therapeutic areas lung biopsy, GI biopsy, breast biopsy, etc. The increase in elderly population, rising number of diagnostic centers and the various initiatives and pilot programs undertaken by the government are mainly responsible for promoting the market growth. Still, factors such as high cost and failure rate in clinical trials, limited technical skills, and the expenses involved for biopsy procedures are proving to be a challenge for the market.
Some of the top players in the market include Argon Medical Devices Inc, Cintec Medical Ltd, AdTech Medical Instrument Corp, Intact Medical Corp, Cook Group Inc, Planmeca OY, others.
The Top 100 Pharmaceutical Companies
Top 10 biotech and pharmaceutical companies worldwide based on market value in 2015 2015 ranking of the global top 10 biotech and pharmaceutical companies based on revenue (in billion U.S. dollars) Johnson & Johnson, U.S. 74...
Radiology is the branch of medicine that studies imaging of the body; X-ray (basic, angiography, barium swallows), ultrasound, MRI, CT and PET. These imaging techniques can be used to diagnose, but also to treat a range of conditions, by allowing visuali...