Market Overview:
The global breast-conserving surgery device market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of breast cancer, technological advancements in surgical devices, and rising demand for minimally invasive surgeries. The lumpectomy systems segment is expected to account for the largest share of the global breast-conserving surgery device market in 2018. This segment is projected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in this segment can be attributed to the increasing demand for minimally invasive surgeries and technological advancements in surgical devices. The hospitals segment is expected to account for the largest share of the global breast-conserving surgery device market in 2018. This segment is projected grow at a CAGR of 5%.
Product Definition:
A breast-conserving surgery (BCS) device is a surgical tool that helps to preserve the tissue of the breast while performing a mastectomy. This type of device can help to minimize damage to the surrounding tissue and improve surgical outcomes. The importance of using a BCS device during surgery can help to ensure that the best possible results are achieved, while also preserving as much of the breast tissue as possible.
Lumpectomy Systems:
Lumpectomy systems, also known as lumpectomy or lymecyst, is a surgical procedure that involves the removal of one or more tumors from the body. It can be used to treat breast cancer and other cancers in which there is abnormal growth of tissue. Lumpectomy has several benefits such as it's minimally invasive nature and ability to remove only the affected part of tumor making it an effective treatment for patients suffering from multiple tumors at once.
Lumpectomy Surgical Tools:
Lumpectomy surgical tools and it's usage in breast-saving surgery device market is a study carried out to find out the effectiveness of lumpectomy surgical tools on breast-saving surgery devices. The purpose of this study is to find an alternative for mastectomy which will reduce the risk of cancer recurrence and also improve quality life.
In recent years, there has been a significant increase in the number of women opting for lumpectomy instead of mastectomy.
Application Insights:
Based on application, the market is segmented into hospitals and ambulatory surgical centers. The hospitals segment dominated the overall market in terms of revenue in 2017 owing to factors such as a high prevalence of breast cancer and increasing awareness among women regarding early diagnosis. According to data published by WHO, around 1 in 8 U.S. women develop invasive breast cancer which accounts for over 500,000 new cases annually along with over 40K deaths due to this disease worldwide making it one of the most common cancers amongst women aged 45 years & above globally (2017). This factor is anticipated to drive growth during the forecast period for this market thereby contributing towards higher shareholding by Hospitals segment during future years.
The ambulatory surgical centers are expected register highest CAGR from 2018-2030 owing to factors such as rising disposable income among consumers especially in emerging economies like China.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing incidence of breast cancer and rising awareness about breast-conserving surgery. According to BreastCancer.Org, in 2019, approximately 252,710 new cases of invasive breast cancer are anticipated to be diagnosed in U.S., which is expected to increase up until 2023.
Asia Pacific region is expected to grow at a lucrative rate during the forecast period due its large population base and improving healthcare infrastructure & availability of treatment options for patients suffering from various types of cancers including breast cancer.
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-conserving surgery devices in the coming years.
- Growing awareness about early detection and treatment options: There is a growing awareness among women about the importance of early detection and treatment options for breast cancer. This is likely to boost demand for breast-conserving surgery devices in the near future.
- Technological advancements: The development of innovative technologies has led to the introduction of advanced surgical devices that offer better results with fewer complications compared to traditional methods. This is likely to fuel growth prospects for the global Breast-Conserving Surgery Device market in years ahead.
Scope Of The Report
Report Attributes
Report Details
Report Title
Breast-Conserving Surgery Device Market Research Report
By Type
Lumpectomy Systems, Lumpectomy Surgical Tools
By Application
Hospitals, Ambulatory Surgical Centers
By Companies
Hologic, BD, Danaher, Carl Zeiss Meditech, Merit Medical, Argon Medical Devices, Sanarus, Endomagnetics, SOMATEX Medical, Ranfac, STERYLAB
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Breast-Conserving Surgery Device Market Report Segments:
The global Breast-Conserving Surgery Device market is segmented on the basis of:
Types
Lumpectomy Systems, Lumpectomy Surgical Tools
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, Ambulatory Surgical Centers
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:
- Hologic
- BD
- Danaher
- Carl Zeiss Meditech
- Merit Medical
- Argon Medical Devices
- Sanarus
- Endomagnetics
- SOMATEX Medical
- Ranfac
- STERYLAB
Highlights of The Breast-Conserving Surgery Device 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:
- Lumpectomy Systems
- Lumpectomy Surgical Tools
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- 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-Conserving Surgery Device 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?
A breast-conserving surgery device is a medical device that helps reduce the size of a woman's breasts after she has had surgery to remove them.
Some of the key players operating in the breast-conserving surgery device market are Hologic, BD, Danaher, Carl Zeiss Meditech, Merit Medical, Argon Medical Devices, Sanarus, Endomagnetics, SOMATEX Medical, Ranfac, STERYLAB.
The breast-conserving surgery device market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Breast-Conserving Surgery Device 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 Breast-Conserving Surgery Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Breast-Conserving Surgery Device 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 Breast-Conserving Surgery Device 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 Breast-Conserving Surgery Device Market Size & Forecast, 2020-2028
4.5.1 Breast-Conserving Surgery Device Market Size and Y-o-Y Growth
4.5.2 Breast-Conserving Surgery Device 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 Lumpectomy Systems
5.2.2 Lumpectomy Surgical Tools
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 Ambulatory Surgical Centers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Breast-Conserving Surgery Device 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 Breast-Conserving Surgery Device 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 Lumpectomy Systems
9.6.2 Lumpectomy Surgical Tools
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 Ambulatory Surgical Centers
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 Lumpectomy Systems
10.6.2 Lumpectomy Surgical Tools
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 Ambulatory Surgical Centers
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 Lumpectomy Systems
11.6.2 Lumpectomy Surgical Tools
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 Ambulatory Surgical Centers
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 Lumpectomy Systems
12.6.2 Lumpectomy Surgical Tools
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 Ambulatory Surgical Centers
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 Lumpectomy Systems
13.6.2 Lumpectomy Surgical Tools
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 Ambulatory Surgical Centers
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 Breast-Conserving Surgery Device Market: Competitive Dashboard
14.2 Global Breast-Conserving Surgery Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hologic
14.3.2 BD
14.3.3 Danaher
14.3.4 Carl Zeiss Meditech
14.3.5 Merit Medical
14.3.6 Argon Medical Devices
14.3.7 Sanarus
14.3.8 Endomagnetics
14.3.9 SOMATEX Medical
14.3.10 Ranfac
14.3.11 STERYLAB
