Market Overview:
The global breast localization wire market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of breast cancer, technological advancements in breast localization wire products, and rising demand for minimally invasive surgeries. Based on type, the global breast localization wire market is segmented into double barb, single barb, and other types. The double barb segment is expected to account for the largest share of the global market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to its advantages such as easy handling and reduced trauma caused during insertion or removal procedures. Based on application, the global breast localization wire market is divided into commercial and home applications.
Product Definition:
A breast localization wire is a thin metal wire that is inserted into the breast to help guide the surgeon to the correct location during surgery. The wire helps ensure that the tumor is removed completely and reduces the risk of cancer recurrence.
Double Barb:
Double barbed wire is used for breast localization in endoscopic procedures. It's a method of locating the center of mass of a tumor or an abnormal growth in the body during surgery. The method involves using two needles to locate and mark out the center of mass, which helps surgeons plan their surgical procedure very precisely.
The global double barbed wire market size was valued at USD 673 million in 2018.
Single Barb:
Single barbed wire is used for breast localization during surgery. It is placed in the skin overlying the chest area to restrict movement of the tissue and organs. Single barbed wire has a small metal tag attached to it which carries identifying information about the patient, surgeon, and hospital where it’s procedure was done. This helps surgeons in case of any errors or recalls during surgery as they can be identified easily by looking for specific tags.
Application Insights:
The commercial segment held the largest share of over 70.0% in 2017. The growth can be attributed to increasing number of breast implant surgeries and rising awareness about cosmetic procedures among women aged 40 years and above. Moreover, growing adoption of cosmetic surgeries is further driving the market for breast localization wire in Commerical applications. According to a study published by the American Society of Plastic Surgeons,in 2018, nearly 17 million cosmetic procedures were performed globally with around 1.7 million aesthetic plastic surgery procedures being performed in U.S.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the high adoption of technologies, presence of key players, and extensive R&D activities undertaken by companies in this region. The U.S.-based company, L-3 Communications Holdings Inc., has been at the forefront of developing innovative solutions for security applications and is a major contributor to the regional growth rate.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing demand from emerging economies such as China and India for advanced technology products that provide enhanced safety & security measures at domestic levels as well as across international borders. Moreover, rising terrorist threats across various countries including India have led governments there to adopt such systems for maximum protection of their citizens against any untoward incident/attacks taking place simultaneously within or outside their country’s territory (internal threat).
Growth Factors:
- Increasing incidence of breast cancer: The incidence of breast cancer is increasing at a rapid pace across the globe. This is expected to drive the demand for breast localization wire market in the coming years.
- Growing awareness about early detection of breast cancer: There is a growing awareness among people about the importance of early detection of breast cancer. This is likely to boost the demand for Breast Localization Wire in the near future.
- Technological advancements in Breast Localization Wire: The technological advancements in Breast Localization Wire are helping medical professionals to detect and treat breast cancer at an early stage. This is anticipated to propel the growth of this market during forecast period 2017-2025 .
Scope Of The Report
Report Attributes
Report Details
Report Title
Breast Localization Wire Market Research Report
By Type
Double Barb, Single Barb, Other
By Application
Commerical, Home
By Companies
Bard, Cook, Argon Medical Devices, Pajunk, STERYLAB, Ranfac, CP Medical, Somatex Medical Technologies, Matek
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Breast Localization Wire Market Report Segments:
The global Breast Localization Wire market is segmented on the basis of:
Types
Double Barb, Single Barb, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commerical, Home
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bard
- Cook
- Argon Medical Devices
- Pajunk
- STERYLAB
- Ranfac
- CP Medical
- Somatex Medical Technologies
- Matek
Highlights of The Breast Localization Wire Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Double Barb
- Single Barb
- Other
- By Application:
- Commerical
- Home
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Breast Localization Wire Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Breast localization wire is a type of medical device that is inserted under the skin in order to track the movement of a tumor or other mass. The wire can be used to measure the size, shape, and location of the mass. This information can help doctors determine whether or not surgery is necessary and where on the body it should take place.
Some of the key players operating in the breast localization wire market are Bard, Cook, Argon Medical Devices, Pajunk, STERYLAB, Ranfac, CP Medical, Somatex Medical Technologies, Matek.
The breast localization wire market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Breast Localization Wire Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Breast Localization Wire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Breast Localization Wire Market - Supply Chain
4.5. Global Breast Localization Wire Market Forecast
4.5.1. Breast Localization Wire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Breast Localization Wire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Breast Localization Wire Market Absolute $ Opportunity
5. Global Breast Localization Wire Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Breast Localization Wire Market Size and Volume Forecast by Type
5.3.1. Double Barb
5.3.2. Single Barb
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Breast Localization Wire Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Breast Localization Wire Market Size and Volume Forecast by Application
6.3.1. Commerical
6.3.2. Home
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Breast Localization Wire Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Breast Localization Wire Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Breast Localization Wire Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Breast Localization Wire Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Breast Localization Wire Demand Share Forecast, 2019-2026
9. North America Breast Localization Wire Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Breast Localization Wire Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Breast Localization Wire Market Size and Volume Forecast by Application
9.4.1. Commerical
9.4.2. Home
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Breast Localization Wire Market Size and Volume Forecast by Type
9.7.1. Double Barb
9.7.2. Single Barb
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Breast Localization Wire Demand Share Forecast, 2019-2026
10. Latin America Breast Localization Wire Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Breast Localization Wire Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Breast Localization Wire Market Size and Volume Forecast by Application
10.4.1. Commerical
10.4.2. Home
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Breast Localization Wire Market Size and Volume Forecast by Type
10.7.1. Double Barb
10.7.2. Single Barb
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Breast Localization Wire Demand Share Forecast, 2019-2026
11. Europe Breast Localization Wire Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Breast Localization Wire Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Breast Localization Wire Market Size and Volume Forecast by Application
11.4.1. Commerical
11.4.2. Home
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Breast Localization Wire Market Size and Volume Forecast by Type
11.7.1. Double Barb
11.7.2. Single Barb
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Breast Localization Wire Demand Share, 2019-2026
12. Asia Pacific Breast Localization Wire Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Breast Localization Wire Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Breast Localization Wire Market Size and Volume Forecast by Application
12.4.1. Commerical
12.4.2. Home
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Breast Localization Wire Market Size and Volume Forecast by Type
12.7.1. Double Barb
12.7.2. Single Barb
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Breast Localization Wire Demand Share, 2019-2026
13. Middle East & Africa Breast Localization Wire Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Breast Localization Wire Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Breast Localization Wire Market Size and Volume Forecast by Application
13.4.1. Commerical
13.4.2. Home
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Breast Localization Wire Market Size and Volume Forecast by Type
13.7.1. Double Barb
13.7.2. Single Barb
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Breast Localization Wire Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Breast Localization Wire Market: Market Share Analysis
14.2. Breast Localization Wire Distributors and Customers
14.3. Breast Localization Wire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bard
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cook
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Argon Medical Devices
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Pajunk
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. STERYLAB
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ranfac
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CP Medical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Somatex Medical Technologies
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Matek
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
