Global Skin Biopsy Market Driven By The Rising Expenditure On Healthcare
According to the market research future (MRFR), the global skin
biopsy market is expected to record a significant market valuation at a
CAGR of 9.4% over the review period.
The global market for skin biopsy definition
is expected to grow owing to influential factors such as the rising
prevalence of skin cancer, and other skin diseases such as psoriasis,
dermatitis, viral skin infections. Additionally, the increasing demand
for minimally invasive medical procedures is expected to fuel the demand
for skin biopsy over the evaluation period. The growing expenditure for
the advancement of medical devices and instruments is also likely to
create a surge in market growth. On the other hand, the higher treatment
cost of skin diseases is projected to hinder the growth of the global
skin biopsy market over the forecast period.
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Skin Biopsy Market Segmental Analysis
The global Smart Biopsy Devices Market has been segmented based on type, devices, indication, and end-user.
Based on type, the skin biopsy market is segmented into excisional biopsy, incisional biopsy, punch biopsy, and shave biopsy.
Based on devices, the skin biopsy market has bee segmented into
biopsy curettes and punches, biopsy forceps, biopsy needles, biopsy
guns, guidance systems.
Based on indication, the market for skin biopsy has been segmented
into actinic keratosis, cancer, dermatitis, psoriasis, skin infection,
and others. The skin infection segment is sub-segmented into basal cell
carcinoma, deep fungal infections, melanoma, squamous cell carcinoma,
and viral infections.
Based on end-user, the market for skin biopsy has been segmented into dermatology clinics, hospitals, and others.
Skin Biopsy Market Regional Analysis
Based on the region, the global skin biopsy market has been segmented
into the Americas, Europe, Asia Pacific, the middle east, and Africa.
The Americas are accounted for the leading market share of the global
skin biopsy market and are expected to retain the dominant share over
the review period. This can be attributed to the increasing prevalence
of skin diseases and cancer, especially in the U.S. and Canada, and the
presence of key market players in the region.
Europe is the second largest region in the global skin biopsy market,
owing to the rising prevalence of dermatitis and fungal infections.
Additionally, the growing demand for technological advancements in
diagnostic services is expected to increase the expenditure towards
research and development in the region, which consequently is expected
to fuel the market growth over the assessment period.
The Asia Pacific (APAC) has been assessed as the fastest growing
region in the global skin biopsy market over the evaluation period. The
market in APAC is driven by the increasing geriatric population, growing
prevalence of skin diseases such as cancer and infections, and a
growing number of biopsies performed in hospitals. The rising healthcare
expenditure in economically developing countries such as India and
China is also expected to fuel the market over the review period. The
demand for technologically advanced medical devices and diagnostic
services is also likely to contribute significantly to the skin biopsy
market in the region.
The Middle East and Africa region are accounted for the smallest
market share over the review period, owing to the poor healthcare
infrastructure, lack of expenditure, and technological advancements in
certain parts of Africa. The developing countries of the middle east
such as Saudi Arabia, United Arab Emirates, Kuwait, turkey, among others
are expected to contribute to the majority of the market share in the
skin biopsy market in the region over the forecast period.
Skin Biopsy Market Key Players
the key players in the global skin biopsy market are BD (U.S.),
Boston Scientific Corporation (U.S.), Cardinal Health (U.S.), COOK
Medical (U.S.), Devicor Medical Products, Inc. DTR Medical Ltd (U.K),
Gallini Srl (Italy), Hologic, Inc. (U.S.), and Leica Biosystems. (U.S.).
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