Breast Lesion Localization Methods Market Outlook 2024: Top Companies, Trends and Growth Factors Details for Business Development

(The Express Wire via Comtex)

ReportsnReports released a new research report of 103 pages on title 'Global Breast Lesion Localization Methods Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2024' with detailed analysis, forecast and strategies.

2019 Research Report on Global Breast Lesion Localization Methods Market is a professional and comprehensive report on the Breast Lesion Localization Methods industry.

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Key Players: C.R. Bard (US), Ranfac Corporation (US), SOMATEX Medical Technologies GmbH (Germany), Argon Medical Devices (US), SurgicEye GmbH (Germany), Intra-Medical Imaging LLC (US), Iso Aid, LLC (US), Cianna Medical (US), Endomagnetics Ltd. (UK), and Cook Medical (US). The study includes an in-depth competitive analysis of these key players in the breast lesion localization methods market, along with their company profiles, recent developments, and key market strategies.

“The increasing incidence of breast cancer and number of breast cancer surgeries are expected to drive the overall growth of the breast lesion localization methods market.”

The breast lesion localization methods market is expected to grow from USD 413 million in 2018 to USD 598 million by 2024, at a CAGR of 6.3% during the forecast period. The breast lesion localization methods market is driven primarily by the increasing incidence of breast cancer, rising number of breast cancer surgeries, and growing awareness on the early detection of breast cancer. However, uncertainty in regulatory approval procedures is expected to restrain the growth of this market during the forecast period.

“The wire localization segment held the largest share of the breast lesion localization methods market in 2018.”

Based on type, the breast lesion localization methods market is divided into five major segments—wire localization, isotope localization, magnetic localization, electromagnetic localization, and others. The wire localization segment accounted for the largest share of the breast lesion localization methods market in 2018. The large share of this segment is attributed to its accuracy in abnormal tissue localization, minimum removal of normal tissues, minimal scarring, and the availability of reimbursement for breast lesion localization devices.

“Asia Pacific projected to grow at the highest CAGR during the forecast period.”

The Asia Pacific is projected to record the highest growth in the breast lesion localization methods market during the forecast period. The rapidly increasing patient population, increasing healthcare expenditure, improving healthcare infrastructure, high government spending on breast cancer research, and increasing awareness are the major factors supporting the growth of the Asia Pacific breast lesion localization methods market.

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The report also contains a detailed analysis of end-user preference for the adoption of different breast lesion localization methods. The research findings cited in the report encapsulates the important selection criteria for breast lesion localization methods from an end-user point of view. It analyses importance given to the particular criteria while selecting a breast lesion localization methods. Important criteria for the selection of breast lesion localization methods include detection and success rate, re-excision rate, cost, mean localization time, effectiveness, safety, and ease of use.

In-depth interviews were conducted with chief executive officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the breast lesion localization method market.

  • By Designation: C-level Executives: 27%, Directors: 18%, and Others:55%
  • By Region: North America: 48%, Europe: 24%, APAC: 19%, and the RoW: 9%

Research Coverage: The market study covers the breast lesion localization methods market across various segments. It aims at estimating the market size (in terms of volume) and the growth potential of this market across different segments by type, usage, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies.

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In the end, the Global Breast Lesion Localization Methods Market report’s conclusion part notes the estimation of the industry veterans.

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