Market Overview:
The global breast lesion localization wire market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of breast cancer, technological advancements in localization wires, and rising demand for minimally invasive surgeries. Based on type, the global breast lesion localization wire market is segmented into single hook and double hook. Single hook accounted for the majority share of the global market in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to its low cost and easy availability as compared to double hook wires. However, double hook wires are gaining popularity due their superior performance characteristics such as accuracy and reduced tissue damage as compared to single hooks wires.
Product Definition:
A breast lesion localization wire is a thin metal wire used to help guide doctors during a breast biopsy. The wire is inserted into the lesion and then removed during the biopsy.
Single Hook:
Single hook is a localization device used for the identification of breast lesions. It's main function is to locate and identify abnormal tissues during biopsy procedures. The single-hook technique has been adopted by several other technologies such as double-hook, triple-hook, and quadruple hooks which are used in combination with each other to enhance the efficiency of locating cancerous cells or tissue during a biopsy procedure.
The global Single hook, it's usage.
Double Hook:
Double hook is a localization device used to locate the center of mass of a breast lesion. It consists of two metal wires with hooks at one end and an adhesive attached to the other end. The double hook is passed through the center of the breast tissue and then, it gets caught on either side by using surgical forceps or needle holders.
Application Insights:
Based on application, the market is segmented into surgical location and biopsy location. The surgical location segment dominated the overall market in terms of revenue in 2017. This can be attributed to factors such as increasing number of breast surgeries including lumpectomy, mastectomy and others which require a precise wound site localization for better cosmetic results. Moreover, growing awareness about early diagnosis among women is also driving the growth of this segment.
The biopsy location wire was estimated to be the second-largest application segment owing to rising prevalence of cancer across various regions coupled with an increase in demand for sensitive tissue sampling procedures during diagnostic imaging studies or surgery without causing any harm to patients¢â‚¬â„¢ healthy tissues or organs. In addition, an increase in R&D initiatives by key industry players for developing enhanced products will further boost product demand over the forecast period.
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 breast cancer incidence. Moreover, rising number of biopsies performed for early diagnosis is anticipated to drive regional growth over the forecast period.
Asia Pacific is expected to witness lucrative growth during the forecast period due to factors such as improving healthcare facilities and economic development in emerging countries like China and India. In addition, growing medical tourism industry in these countries can also be attributed to an increase in demand for localization wires across this region.
Growth Factors:
- Increasing incidence of breast cancer: The incidence of breast cancer is increasing at a rapid pace across the globe. This is primarily owing to the changing lifestyle and dietary habits. This, in turn, is fueling the demand for better diagnostic tools and therapies, which is benefiting the market for breast lesion localization wire.
- Growing awareness about early detection of breast cancer: There has been a growing awareness among women about the importance of early detection of breast cancer. This has led to an increase in demand for diagnostic procedures such as mammography and ultrasound, which are used for detecting lesions in breasts at an early stage. This is propelling the growth of the market for Breast Lesion Localization Wire globally.
- Technological advancements in localization wire products: The manufacturers are constantly investing in research and development activities to introduce new technologies into their products that can improve accuracy and efficiency during lesion localization procedures using wires/tubes/needles etcetera .This is resulting in increased adoption rates of these products by medical professionals worldwide, thereby driving market growth significantly over time period.. 4) Rising number if surgical interventions due to increase prevalence og Breast Cancer :The rising number if surgical interventions being carried out owing ti increase prevalence og Breast Cancer would resultantly lead ti increased demand orBreast Lesion Localization Wire 5)Rising geriatric population susceptible to develop Breast Cancer : As per World Health Organization (WHO),the geriatric population (aged 60 years or
Scope Of The Report
Report Attributes
Report Details
Report Title
Breast Lesion Localization Wire Market Research Report
By Type
Single Hook, Double Hook
By Application
Biopsy Location, Surgical Location
By Companies
BD, Cook Medical, Argon Medical Devices, Theragenics, SOMATEX Medical, STERYLAB, Biomedical
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Breast Lesion Localization Wire Market Report Segments:
The global Breast Lesion Localization Wire market is segmented on the basis of:
Types
Single Hook, Double Hook
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
Biopsy Location, Surgical Location
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
- Cook Medical
- Argon Medical Devices
- Theragenics
- SOMATEX Medical
- STERYLAB
- Biomedical
Highlights of The Breast Lesion 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:
- Single Hook
- Double Hook
- By Application:
- Biopsy Location
- Surgical Location
- 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 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 lesion localization wire is a type of medical imaging that uses X-rays to create a three-dimensional image of the breast. This image can help doctors determine the location and size of any breast lesions.
Some of the key players operating in the breast lesion localization wire market are BD, Cook Medical, Argon Medical Devices, Theragenics, SOMATEX Medical, STERYLAB, Biomedical.
The breast lesion localization wire 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 Wire 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 Wire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Breast Lesion Localization Wire 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 Wire 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 Wire Market Size & Forecast, 2018-2028
4.5.1 Breast Lesion Localization Wire Market Size and Y-o-Y Growth
4.5.2 Breast Lesion Localization Wire Market Absolute $ Opportunity
Chapter 5 Global Breast Lesion Localization Wire 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 Breast Lesion Localization Wire Market Size Forecast by Type
5.2.1 Single Hook
5.2.2 Double Hook
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Breast Lesion Localization Wire 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 Breast Lesion Localization Wire Market Size Forecast by Applications
6.2.1 Biopsy Location
6.2.2 Surgical Location
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Breast Lesion Localization Wire 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 Wire 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 Breast Lesion Localization Wire Analysis and Forecast
9.1 Introduction
9.2 North America Breast Lesion Localization Wire 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 Breast Lesion Localization Wire Market Size Forecast by Type
9.6.1 Single Hook
9.6.2 Double Hook
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 Breast Lesion Localization Wire Market Size Forecast by Applications
9.10.1 Biopsy Location
9.10.2 Surgical Location
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 Breast Lesion Localization Wire Analysis and Forecast
10.1 Introduction
10.2 Europe Breast Lesion Localization Wire 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 Breast Lesion Localization Wire Market Size Forecast by Type
10.6.1 Single Hook
10.6.2 Double Hook
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 Breast Lesion Localization Wire Market Size Forecast by Applications
10.10.1 Biopsy Location
10.10.2 Surgical Location
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 Breast Lesion Localization Wire Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Breast Lesion Localization Wire 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 Breast Lesion Localization Wire Market Size Forecast by Type
11.6.1 Single Hook
11.6.2 Double Hook
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 Breast Lesion Localization Wire Market Size Forecast by Applications
11.10.1 Biopsy Location
11.10.2 Surgical Location
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 Breast Lesion Localization Wire Analysis and Forecast
12.1 Introduction
12.2 Latin America Breast Lesion Localization Wire 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 Breast Lesion Localization Wire Market Size Forecast by Type
12.6.1 Single Hook
12.6.2 Double Hook
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 Breast Lesion Localization Wire Market Size Forecast by Applications
12.10.1 Biopsy Location
12.10.2 Surgical Location
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) Breast Lesion Localization Wire Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Breast Lesion Localization Wire 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) Breast Lesion Localization Wire Market Size Forecast by Type
13.6.1 Single Hook
13.6.2 Double Hook
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) Breast Lesion Localization Wire Market Size Forecast by Applications
13.10.1 Biopsy Location
13.10.2 Surgical Location
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 Wire Market: Competitive Dashboard
14.2 Global Breast Lesion Localization Wire Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BD
14.3.2 Cook Medical
14.3.3 Argon Medical Devices
14.3.4 Theragenics
14.3.5 SOMATEX Medical
14.3.6 STERYLAB
14.3.7 Biomedical
