15-Nov-2024 | Zion Market Research
As per the findings of Zion Market Research study, the global fusion biopsy market size was valued USD 672.3 million in 2023 and is expected to rise to USD 1553.43 million by 2032 at a CAGR of 8.7%. In addition to this, growth of fusion biopsy market over forecast timespan can be credited to rise in cases of prostate cancer along with massive demand for fusion biopsy over other conventional methods of biopsies. Growing preference for fusion biopsy in hospitals & clinics in both emerging economies as well as developed countries will chart a profitable growth curve for fusion biopsy industry in years to come. Furthermore, reliance & reproducibility of fusion biopsy in accurately diagnosing tumors is projected to make its use as a standard prostrate biopsy tool. This, in turn, will prop up growth of fusion biopsy market in forecasting timeframe. Various governments in both developed & developing countries are focusing on allocation of large funds for cancer research programs along with creating awareness about mass screening activities associated with tumors occurring in prostrate of men. This has created high demand for fusion biopsy across globe. Moreover, there is increase in awareness among people, particularly, elderly persons about benefits of fusion biopsy method in determining prostate cancer in its initial phase and thus availing timely treatment, thereby facilitating quick recovery of patients. This, in turn, will drive industry trends.
Swift expansion of Transperineal Fusion Biopsy route segment in next seven years can be due to low infection risk and lesser rectal bleeding as compared to other conventional fusion biopsy routes. Moreover, this route can efficiently evaluate ventral prostrate areas, thereby bringing drastic improvement in patient care activities. There is high demand for Transperineal Fusion Biopsy route in hospitals & clinics in recent years.
Hospitals Segment To Dominate End-Use Landscape By 2032
Growth of segment over assessment period can be attributed to easy access to skilled staff & resources including radiologists, MRI scanners, urologists, and anesthesiologists in clinics & hospitals. Furthermore, rise in share of private players in hospitals segment will further boost segmental surge.
North America To Dominate Fusion Biopsy Market Growth Over Forecast Timeframe
Rapid expansion of fusion biopsy market in North America in 2024-2032 can be credited to rise in frequency of prostrate cancer and presence of strong healthcare facilities in countries such as the U.S. and Canada. Presence of large number of mammoth fusion biopsy system manufacturers and vendors will contribute sizably towards size of fusion biopsy market in region within span of next few years.
Some of the major players have strongly impacted market growth and these include GeoScan Medical, MedCom, Focal Healthcare, KOELIS, ESAOTE SPA, and UC-Care Medical Systems Limited.
Browse the full “Fusion Biopsy Market- By Biopsy Route (Transrectal and Transperineal), By End-Use (Hospitals, Ambulatory Care Centers, and Diagnostic Centers), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/fusion-biopsy-market
The global Fusion Biopsy Market is segmented as follows:
By Biopsy Route
By End-Use
By Region
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