Market Overview:
The global breast lesion localization devices 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 localization devices, and rising demand for minimally invasive surgeries. Based on type, the global breast lesion localization devices market is segmented into wire localization, radioisotope localization, magnetic tracer, and others. The wire localization segment is expected to account for the largest share of the global market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its high accuracy and low cost as compared with other types of localizing devices. Based on application, hospitals are expected to account for the largest share of the global market in 2018 followed by clinics owingto their large patient base.
Product Definition:
A breast lesion localization device (BLD) is a medical device used in the radiographic detection and localization of lesions or masses within the female breast. The devices typically use radiofrequency (RF) or ultrasound energy to create an image of the lesion, which can then be used for guidance during a biopsy procedure. Breast lesion localization devices are important for accurate diagnosis and treatment of breast cancer.
Wire Localization:
Wire localization is a process of finding the position of wire in a device by using an X-ray technique. In this process, the wires are passed through the skin and into body cavity to find out where it is located. This helps surgeons to plan their surgical procedure with accuracy and precision.
This technology was first introduced in medical field for locating metallic foreign bodies like needles, staples or screws which are stuck inside the body during surgeries.
Radioisotope Localization:
Radioisotope localization and it's usage in breast lesion localization devices market is expected to grow at a significant rate during the forecast period. The major drivers for this market are increasing prevalence of cancer, growing demand for minimally invasive surgeries, and rising healthcare expenditure levels in developed as well as developing regions.
Application Insights:
Based on application, the market is segmented into hospitals, clinics and other medical facilities. The hospitals segment dominated the overall market in 2017 owing to increasing prevalence of breast cancer and rising number of surgeries performed. In addition, a large number of products are used in hospital settings as they offer ease in handling radioactive materials. However, due to safety regulations implemented by regulatory authorities such as FDA and Radiation Safety Office (RSO), radioisotope localization techniques are being replaced with less hazardous methods such as image-guided surgery or computer-assisted surgery which is expected to hamper growth over the forecast period.
The clinics & other medical facilities segment is anticipated to grow at a lucrative rate during the forecast period owing to growing awareness about early detection among women regarding mammography screening programs conducted throughout various regions globally including North America and Europe which has resulted in high demand for these devices from specialty centers across both regions over recent years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high adoption rate of technologically advanced products and increasing incidence of breast cancer. Moreover, rising awareness about early detection and treatment options is also expected to drive regional growth over the forecast period.
Asia Pacific is expected to be one of the fastest growing regions during the forecast period due to factors such as improving healthcare facilities & infrastructure in emerging countries like China & India; increase in medical tourism; rise in disposable income coupled with an increase in consumer awareness regarding early diagnosis for effective treatment. These factors are anticipated to contribute towards regional growth over next eight years.
Growth Factors:
- Increasing incidence of breast cancer: The incidence of breast cancer is increasing at a rapid pace across the globe. This is primarily attributed to the changing lifestyle and dietary habits. According to the American Cancer Society, around 1 in 8 women in the U.S. will develop invasive breast cancer during their lifetime. This number is expected to increase in future owing to the growing population and aging population. Thus, there is an increasing demand for effective diagnostic and treatment modalities for breast cancer, which will drive growth of Breast Lesion Localization Devices market over the forecast period
- Technological advancements: The Breast Lesion Localization Devices market is witnessing significant technological advancements with introduction of new products and services by various players operating in this market space. These technological advancements are helping healthcare professionals to improve accuracy and efficiency of diagnosis and treatment procedures for patients suffering from breast lesions or tumors thereby driving growth of this market over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Breast Lesion Localization Devices Market Research Report
By Type
Wire Localization, Radioisotope Localization, Magnetic Tracer, Others
By Application
Hospitals, Clinics, Others
By Companies
C.R. BARD,, Cianna Medical, Cook Medical, CP Medical, IsoAid LLC, SOMATEX Medical Technologies, STERYLAB S.r.l., C.R. BARD,
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Breast Lesion Localization Devices Market Report Segments:
The global Breast Lesion Localization Devices market is segmented on the basis of:
Types
Wire Localization, Radioisotope Localization, Magnetic Tracer, Others
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:
- C.R. BARD,
- Cianna Medical
- Cook Medical
- CP Medical
- IsoAid LLC
- SOMATEX Medical Technologies
- STERYLAB S.r.l.
- C.R. BARD,
Highlights of The Breast Lesion Localization Devices 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:
- Wire Localization
- Radioisotope Localization
- Magnetic Tracer
- Others
- 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 Breast Lesion Localization Devices 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 lesion localization devices (BLUDs) are medical devices that use ultrasound to localize lesions in the breast. The device emits a high-frequency sound wave and measures how long it takes for the sound wave to be reflected back from the lesion. This information is then used to create an image of the lesion on a computer screen.
Some of the key players operating in the breast lesion localization devices market are C.R. BARD,, Cianna Medical, Cook Medical, CP Medical, IsoAid LLC, SOMATEX Medical Technologies, STERYLAB S.r.l., C.R. BARD,.
The breast lesion localization devices 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 Lesion Localization Devices 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 Lesion Localization Devices Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Breast Lesion Localization Devices 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 Lesion Localization Devices 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 Lesion Localization Devices Market Size & Forecast, 2020-2028 4.5.1 Breast Lesion Localization Devices Market Size and Y-o-Y Growth 4.5.2 Breast Lesion Localization Devices 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 Wire Localization
5.2.2 Radioisotope Localization
5.2.3 Magnetic Tracer
5.2.4 Others
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 Breast Lesion Localization Devices 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 Lesion Localization Devices 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 Wire Localization
9.6.2 Radioisotope Localization
9.6.3 Magnetic Tracer
9.6.4 Others
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 Wire Localization
10.6.2 Radioisotope Localization
10.6.3 Magnetic Tracer
10.6.4 Others
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 Wire Localization
11.6.2 Radioisotope Localization
11.6.3 Magnetic Tracer
11.6.4 Others
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 Wire Localization
12.6.2 Radioisotope Localization
12.6.3 Magnetic Tracer
12.6.4 Others
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 Wire Localization
13.6.2 Radioisotope Localization
13.6.3 Magnetic Tracer
13.6.4 Others
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 Breast Lesion Localization Devices Market: Competitive Dashboard
14.2 Global Breast Lesion Localization Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 C.R. BARD,
14.3.2 Cianna Medical
14.3.3 Cook Medical
14.3.4 CP Medical
14.3.5 IsoAid LLC
14.3.6 SOMATEX Medical Technologies
14.3.7 STERYLAB S.r.l.
14.3.8 C.R. BARD,