Market Overview:
The global bone biopsy tray market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing incidence of cancer, growing demand for minimally invasive surgeries, and rising awareness about bone health. Based on type, the global bone biopsy tray market is segmented into with bone marrow needle and without bone marrow needle. The with bone marrow needle segment is expected to grow at a higher CAGR during the forecast period owing to its advantages over without bone marrow needle segment. With respect to application, the hospital segment dominates the global Bone Biopsy Tray Market followed by clinic and others segments respectively in 2017. However, due to increasing preference for minimally invasive surgeries among patients across all regions; clinic segment is projected register highest CAGR during forecast period (2018-2030). Geographically North America commanded largest share in Bone Biopsy Tray Market in 2017 followed by Europe and Asia Pacific respectively while MEA & LAMEA are projected witness highest growth rate during forecast period (2018-2030).
Product Definition:
A bone biopsy tray is a medical device that is used to collect bone marrow for diagnostic testing. The tray includes a number of instruments that are used to pierce the bone and extract the marrow. The tray is also sterile and includes instructions for use.
With Bone Marrow Needle:
With Bone Marrow Needle, it's used for extracting bone marrow from the bones. It is a thin, hollow tube made of plastic or metal with a point at one end and a flat surface at the other. The hollow part is used to insert into the bone while the flat end is inserted into an extractor machine which removes marrow from inside the bone.
Without Bone Marrow Needle:
A bone marrow needle is used to obtain a biopsy or sample of bone marrow. It's inserted into the hip or shoulder to get a piece of bone marrow for testing and treatment purposes. The most common use of these needles is in the diagnosis and treatment of cancer, infections, blood disorders, genetic diseases & other medical conditions.
The global without bone marrow needle market size was valued at USD 548 million in 2016.
Application Insights:
The hospital application segment dominated the market in 2017. This is owing to factors such as presence of advanced healthcare facilities and highly skilled staff, which facilitate easy diagnosis. Moreover, rising incidences of cancer are further expected to drive demand for biopsy trays at hospitals over the forecast period. For instance, according to the American Cancer Society, an estimated 80% of patients with osteosarcoma are diagnosed in childhood or adolescence age group and hence these centers offer round-the-clock care which is a key factor driving product demand at hospitals.
Clinic applications for biopsy trays were estimated USD 86.0 million in 2017 owing to increasing awareness about early detection among consumers coupled with rising disposable income levels across developing countries such as India and China which makes it easier for them spend on medical procedures like bone marrow aspiration procedure thus contributing towards segment growth during the study period.
Regional Analysis:
North America dominated the global bone biopsy trays market in 2017. This is due to the presence of well-established healthcare infrastructure, high adoption rate of advanced diagnostic techniques and a large number of patients suffering from osteoporosis & vertebral fractures. Moreover, increasing prevalence of cancer is also expected to drive growth over the forecast period. According to statistics published by American Cancer Society in 2018, 1 out of 3 people will be diagnosed with cancer during their lifetime and about 7 outof 10 deaths were caused by cancer.
In Asia Pacific region; however; there exists a wide scope for improvement as this region accounts for only 2% share in terms of revenue generation owing mainly to low awareness levels regarding available diagnostic methods.
Growth Factors:
- Increasing incidence of bone cancer and other bone-related diseases
- Growing demand for minimally invasive surgeries
- Rising number of orthopedic procedures worldwide
- Technological advancements in bone biopsy tray design and manufacturing
- Growing awareness about the benefits of early diagnosis and treatment
Scope Of The Report
Report Attributes
Report Details
Report Title
Bone Biopsy Trays Market Research Report
By Type
With Bone Marrow Needle, Without Bone Marrow Needle
By Application
Hospital, Clinic, Others
By Companies
BD Medical, Argon Medical, Cardinal Health, MedEvolution Inc, Merit Medical Systems Inc, Teleflex, Covidien
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Bone Biopsy Trays Market Report Segments:
The global Bone Biopsy Trays market is segmented on the basis of:
Types
With Bone Marrow Needle, Without Bone Marrow Needle
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
Hospital, Clinic, 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:
- BD Medical
- Argon Medical
- Cardinal Health
- MedEvolution Inc
- Merit Medical Systems Inc
- Teleflex
- Covidien
Highlights of The Bone Biopsy Trays 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:
- With Bone Marrow Needle
- Without Bone Marrow Needle
- By Application:
- Hospital
- Clinic
- 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 Bone Biopsy Trays 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?
Bone biopsy trays are a medical device that is used to collect bone marrow samples from patients. The tray has a number of small holes in it, which allow the doctor to extract bone marrow cells from the patient's bones.
Some of the major players in the bone biopsy trays market are BD Medical, Argon Medical, Cardinal Health, MedEvolution Inc, Merit Medical Systems Inc, Teleflex, Covidien.
The bone biopsy trays 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 Bone Biopsy Trays 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 Bone Biopsy Trays Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bone Biopsy Trays 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 Bone Biopsy Trays 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 Bone Biopsy Trays Market Size & Forecast, 2018-2028
4.5.1 Bone Biopsy Trays Market Size and Y-o-Y Growth
4.5.2 Bone Biopsy Trays Market Absolute $ Opportunity
Chapter 5 Global Bone Biopsy Trays 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 Bone Biopsy Trays Market Size Forecast by Type
5.2.1 With Bone Marrow Needle
5.2.2 Without Bone Marrow Needle
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bone Biopsy Trays 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 Bone Biopsy Trays Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bone Biopsy Trays 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 Bone Biopsy Trays 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 Bone Biopsy Trays Analysis and Forecast
9.1 Introduction
9.2 North America Bone Biopsy Trays 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 Bone Biopsy Trays Market Size Forecast by Type
9.6.1 With Bone Marrow Needle
9.6.2 Without Bone Marrow Needle
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 Bone Biopsy Trays Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
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 Bone Biopsy Trays Analysis and Forecast
10.1 Introduction
10.2 Europe Bone Biopsy Trays 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 Bone Biopsy Trays Market Size Forecast by Type
10.6.1 With Bone Marrow Needle
10.6.2 Without Bone Marrow Needle
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 Bone Biopsy Trays Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
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 Bone Biopsy Trays Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bone Biopsy Trays 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 Bone Biopsy Trays Market Size Forecast by Type
11.6.1 With Bone Marrow Needle
11.6.2 Without Bone Marrow Needle
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 Bone Biopsy Trays Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
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 Bone Biopsy Trays Analysis and Forecast
12.1 Introduction
12.2 Latin America Bone Biopsy Trays 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 Bone Biopsy Trays Market Size Forecast by Type
12.6.1 With Bone Marrow Needle
12.6.2 Without Bone Marrow Needle
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 Bone Biopsy Trays Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
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) Bone Biopsy Trays Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bone Biopsy Trays 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) Bone Biopsy Trays Market Size Forecast by Type
13.6.1 With Bone Marrow Needle
13.6.2 Without Bone Marrow Needle
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) Bone Biopsy Trays Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
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 Bone Biopsy Trays Market: Competitive Dashboard
14.2 Global Bone Biopsy Trays Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BD Medical
14.3.2 Argon Medical
14.3.3 Cardinal Health
14.3.4 MedEvolution Inc
14.3.5 Merit Medical Systems Inc
14.3.6 Teleflex
14.3.7 Covidien
