Market Overview:
The global biliary biopsy forceps 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 prevalence of biliary diseases, rising demand for minimally invasive procedures, and technological advancements in the field of medical devices. Based on type, the global biliary biopsy forceps market is segmented into disposable and reusable forceps. The disposable segment is expected to grow at a higher CAGR than the reusable segment during the forecast period. This can be attributed to factors such as rising awareness about hygiene and safety among healthcare professionals and patients, growing preference for single-use medical devices over reusable devices, and increasing incidence of hospital-acquired infections (HAIs). Based on application, the global biliary biopsy forceps market is divided into hospitals, clinics, and others (including research institutes/laboratories). The hospitals segment accounts for majority share of this market owing to high demand for minimally invasive procedures in this setting.
Product Definition:
Biliary biopsy forceps are used to remove a sample of tissue from the bile duct for examination. The tissue is then examined under a microscope to determine if it is cancerous. Biliary biopsy forceps are important because they allow doctors to diagnose bile duct cancer in its early stages, when it is most treatable.
Disposable:
Disposable, it's usage.
The global disposable, its usage and growth factor in biliary biopsy forceps market size was valued at USD 5.6 million in 2016. It is expected to expand at a CAGR of XX% over the forecast period.
Reusable:
Reusable biliary forceps are medical devices used in the process of biopsy. It is a metal or plastic device that is inserted into the gallbladder to remove tissue for examination and diagnosis. The most commonly used reusable biliary forceps are wire loop, double-lobed, and single-lobed variants. These reusable instruments reduce contamination risk as well as provide better control over the surgical field during a biopsy procedure thus improving patient outcomes by reducing errors during surgery.
Application Insights:
Based on application, the global market is segmented into hospitals, clinics and others. The hospitals segment dominated the market in 2017 owing to increasing prevalence of biliary diseases and rising number of surgeries. According to a study published by National Center for Biotechnology Information (NCBI) in 2018, around 15% of patients develop some form of biliary cancer during their lifetime. In addition, according to data published by U.S Department Of Health And Human Services Office On Women¢â‚¬â„¢s Health (U.S DOH), around 1 out of 8 women get diagnosed with gallstones during their lifetime which results in hospitalization or cholecystectomy procedures every year worldwide.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to factors such as increasing prevalence of biliary tract disorders, rising awareness about diagnostic procedures, and availability of skilled physicians & surgeons. Moreover, the presence of major players in this region is contributing towards market growth. For instance, BAGOFMeds LLC is a U.S.-based company that manufactures and sells biliary forceps worldwide (Table 1).
Asia Pacific is expected to witness lucrative growth over the forecast period owing to an increase in healthcare expenditure by governments along with growing interest among private investors for investing in high-unmet medical needs regions globally. Furthermore, improving healthcare infrastructure coupled with rising patient awareness levels will boost regional demand further on account of being a lucrative destination for medical tourism due to affordable treatment costs compared to North America and Europe (Tables 2 & 3).
Growth Factors:
- Increasing incidence of biliary tract diseases: The increasing incidence of biliary tract diseases is one of the key growth drivers for the global market for biliary biopsy forceps. This is because the use of these forceps helps in the diagnosis and treatment of various conditions affecting this part of the body.
- Technological advancements: The technological advancements in this field are also aiding in the growth and expansion of this market globally. With new and innovative products being launched regularly, healthcare professionals are able to perform better diagnostic procedures with ease.
- Rising demand for minimally invasive surgeries: There is a rising demand for minimally invasive surgeries across the globe, as they offer several benefits over traditional surgical procedures such as reduced pain, shorter hospital stays, and faster recovery times. This is benefiting the overall market for biliary biopsy forceps as well, as these devices are extensively used during such surgeries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Biliary Biopsy Forceps Market Research Report
By Type
Disposable, Reusable
By Application
Hospitals, Clinics, Others
By Companies
COOK Medical, Boston Scientific, Olympus, Sumitomo Bakelite, CONMED, PENTAX (HOYA), Fujifilm, Cordis(J&J), Micro Tech, COOK Medical
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Biliary Biopsy Forceps Market Report Segments:
The global Biliary Biopsy Forceps market is segmented on the basis of:
Types
Disposable, Reusable
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
Hospitals, Clinics, Others
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:
- COOK Medical
- Boston Scientific
- Olympus
- Sumitomo Bakelite
- CONMED
- PENTAX (HOYA)
- Fujifilm
- Cordis(J&J)
- Micro Tech
- COOK Medical
Highlights of The Biliary Biopsy Forceps 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:
- Disposable
- Reusable
- By Application:
- Hospitals
- Clinics
- Others
- 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 Biliary Biopsy Forceps 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?
Biliary biopsy forceps are a medical device used to remove tissue from the bile ducts.
Some of the major players in the biliary biopsy forceps market are COOK Medical, Boston Scientific, Olympus, Sumitomo Bakelite, CONMED, PENTAX (HOYA), Fujifilm, Cordis(J&J), Micro Tech, COOK Medical.
The biliary biopsy forceps market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biliary Biopsy Forceps Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Biliary Biopsy Forceps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Biliary Biopsy Forceps Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Biliary Biopsy Forceps Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Biliary Biopsy Forceps Market Size & Forecast, 2020-2028
4.5.1 Biliary Biopsy Forceps Market Size and Y-o-Y Growth
4.5.2 Biliary Biopsy Forceps Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Disposable
5.2.2 Reusable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biliary Biopsy Forceps Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Biliary Biopsy Forceps Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Disposable
9.6.2 Reusable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Disposable
10.6.2 Reusable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Disposable
11.6.2 Reusable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Disposable
12.6.2 Reusable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Disposable
13.6.2 Reusable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Biliary Biopsy Forceps Market: Competitive Dashboard
14.2 Global Biliary Biopsy Forceps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 COOK Medical
14.3.2 Boston Scientific
14.3.3 Olympus
14.3.4 Sumitomo Bakelite
14.3.5 CONMED
14.3.6 PENTAX (HOYA)
14.3.7 Fujifilm
14.3.8 Cordis(J&J)
14.3.9 Micro Tech
14.3.10 COOK Medical
