Biopsy Forceps Market: Market Segmentation by Type, Application,...

Biopsy Forceps Market: Market Segmentation by Type, Application, and Region

Posted 2024-04-17 18:07:03

Biologic Forceps sales are expected to grow at a compound annual growth rate (CAGR) of 4% worldwide and reach a market worth of US$ 317.3 million by 2027, according to Fact.MR, a provider of competitive intelligence and market research.

A type of medical surgical instrument with or without a needle is called a biopsy forcep. Using biopsy forceps, surgeons and other medical personnel can grasp objects and gather samples—specifically, tissues—for the purpose of diagnosing and testing diseases. Biopsy forceps are available in various shapes depending on their use. Not only may forceps made of sturdy stainless steel be re-sterilized, but they are also antibacterial and non-corrosive.

For Critical Insights on Biopsy Forceps Market, Request a Sample Report

https://www.factmr.com/connectus/sample?flag=S&rep_id=7689

One of the key factors anticipated to accelerate the demand for biopsy forceps is the rise in the prevalence of chronic diseases such as cancer and intestinal infections across the world. Advancements in non-invasive technologies to detect tumour-specific aberrations are expected to increase the demand for biopsy forceps, leading to steady market growth over the coming years. Government initiatives for better regulatory measures and investments in R&D and healthcare are also anticipated to augment market expansion.

Which Regions Account for High Sales of Biopsy Forceps?

“North America & Europe Lead Market Share Due to Availability of Technologically-Advanced Biopsy Forceps & High Number of Surgical Procedures”

Due to the increasing demand and consumption of biopsy forceps, as a result of several surgical procedures carried out annually in the United States and Canada, North America is predicted to dominate the worldwide biopsy forceps market.

Due to the region's high acceptance rate for technologically advanced products, rising product affordability, and high spending on healthcare services, Europe is anticipated to occupy the second-largest share of the worldwide biopsy forceps market.

During the projected period, the market for biopsy forceps in the Asia Pacific is predicted to expand more rapidly than in other regions. This is due to an increase in the incidence of chronic diseases, such as cancer, in the region, which would likely result in a large patient population undergoing surgical operations and an increase in the use of biopsy forceps.

Winning Strategy

Major companies in the biopsy forceps market are focusing on incorporating sophisticated technologies for the advancement of biopsy forceps to increase their market revenue share.

The market presence of some companies is being strengthened by strategies implemented for footprint growth, new product introductions, and product approvals.

Cantel Medical, a global producer of infection control services and products for endoscopy, dental, dialysis, and life sciences clients, was acquired by STERIS PLC in June 2021.

Get Customization on Biopsy Forceps Market Report for Specific Research Solutions

https://www.factmr.com/connectus/sample?flag=RC&rep_id=7689

Key players in the Biopsy Forceps Market

Olympus Corporation
Boston Scientific Corporation
Medi-Globe GmbH
Scanlan International
Medline Industries, Inc.
Omnimed Ltd.
Cook Medical
Cardinal Health

Key Takeaways from Biopsy Forceps Market Study

Sales of cupped jaws are predicted to expand at a CAGR of 4.7% from 2022 to 2027.
The market for biopsy forceps in China is expected to progress at a CAGR of 6% during the forecast period (2022-2027).
Demand for disposable biopsy forceps for use in endoscopic procedures has increased since gastrointestinal diseases and bronchitis are becoming more common.
The Asia Pacific biopsy forceps market is expected to expand rapidly due to advancements in healthcare infrastructure and rising cases of cancer.

Browse Full Report @ https://www.factmr.com/report/biopsy-forceps-market

Key Segments in Biopsy Forceps Industry Research:

By Product :
- Cupped Jaws
- Oval Ring Jaws
- Radial Jaws
By Usability :
- Reusable Biopsy Forceps
- Disposable Biopsy Forceps
By Application :
- Laparoscopy
- Hysterectomy
- Hysteroscopy
- Endoscopy
- Bronchoscopy
- Gastroscopy
- Colonoscopy
- Others
By End User :
- Hospitals
- Clinics
- Ambulatory Surgical Centres
- Others
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA