This study involved four major activities in estimating the current market size for breast lesion localization method. Exhaustive research was conducted to collect information on the market as well as its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the number of breast lesion localization procedures and the value market. Thereafter, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.

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Major Market Growth Drivers:

The growth of this market is primarily driven by factors such as the rising incidence of breast cancer, an increasing number of breast cancer surgeries, and growing awareness on the early detection of breast cancer. However, the uncertain regulatory approval process faced by prominent players is hampering the growth of the breast lesion localization methods market.

Revenue Growth Analysis:

[157 Pages Report] The breast lesion localization methods market is expected to grow from 3,974.4 thousands of procedures in 2020 to 5750.9 thousands of procedures by 2025, at a CAGR of 7.5% during the forecast period.

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136 – Tables
33 – Figures
157 – Pages

Wire localization accounted for the largest share in the market in the forecast period.

The wire localization segment accounted for the highest share of the procedures market, by type. The large share of this segment is attributed to its accuracy in abnormal tissue localization, minimal removal of normal tissues, minimal scarring, and availability of reimbursement for breast lesion localization devices. The ease of use of wire localization technology and the familiarity of end users with the technology have resulted in its increased adoption.

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Sentinel lymph node identification expected to show the highest growth rate in the forecast period.

On the basis of usage, the Wire localization market is segmented into tumor identification and sentinel lymph node identification. The sentinel lymph node identification segment is expected to grow at the fastest rate in the forecast period, Growth in this segment can be attributed cancer. to the increase in acceptance of SLNB as a first-line diagnostic approach for breast cancer staging, as it is more sensitive and causes less morbidity than traditional techniques for the early staging of breast

The Asia Pacific region holds the largest share in the market during the forecast period of 2020–2025.

Geographically, the Wire localization market is segmented into North America, Europe, the Asia Pacific and Rest of the World. The large share of the Asia Pacific region is due to improving healthcare infrastructure, high government spending on breast cancer research, and rising awareness about the importance of the early detection of breast cancer in several APAC countries. Moreover, increasing focus of prominent players on emerging Asian countries will further support the growth of the market in this region.

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Key Wire Localization Market Players:

The key players operating in the global breast lesion localization methods market include Becton, Dickinson and Company (US), Endomagnetics Limited (UK), SOMATEX Medical Technologies GmbH (Germany), Cianna Medical (US), Leica Biosystems (US) and IZI Medical Products (US).

Breast Lesion Localization Methods Market is estimated to value over USD xx billion by 2027 end and register a CAGR of over xx % during the forecast period 2020 to 2027.

The report initiates from the outline of business surroundings and explains the commercial summary of chain structure. Moreover, it analyses forecast By Product Type, By Application, by Region and Breast Lesion Localization Methods Market Share.

Additionally, this report illustrates the corporate profiles and situation of competitive landscape amongst numerous associated corporations including the analysis of market evaluation and options associated with the worth chain. This report provides valuable insights into the general market profit through a profit graph, an in-depth SWOT analysis of the market trends alongside the regional proliferation of this business vertical.

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Market Segmentation:

This Market is divided by Product, by Application, by Distribution and By Region.

Regionally, the worldwide Breast Lesion Localization Methods market is fragmented as North America, Europe, Asia Pacific and also the rest of the world.

Key Market Players :

• C.R. BARD
• Cook Medical
• Cianna Medical
• Eckert & Ziegler
• Theragenics
• Argon Medical Devices
• SOMATEX Medical
• IsoAid
• Endomag
• Ranfac

Note: The list of the key players are going to be updated with the most recent market scenario and trends)

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FutureWise Key Takeaways:

• Growth prospects
• SWOT analysis
• Key trends
• Key data-points touching market growth

Competitive Landscape:

• Tier 1 players- well-established companies in the market accounting a major market share
• Tier 2 players
• Rapidly growing players
• New Entrants

Objectives of the Study:

• To offer a complete analysis of the Breast Lesion Localization Methods Market by Product, by Application, by Distribution, and by region.
• To cater to comprehensive data on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To measure and forecast micro-markets and also the overall market
• To predict the market size, in key regions — North America, Europe, Asia Pacific and Rest of the world
• To record and evaluate the competitive landscape mapping - product launches, technological advancements, mergers and expansions

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• Fibrinogen Deficiency Drug Market is projected to achieve significant growth by the end of the forecast period as per the research study conducted by FutureWise research analysts.

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Breast Lesion Localization Methods Market is estimated to value over USD xx billion by 2027 end and register a CAGR of xx% from the forecast period 2020-2027.

The report initiates from the outline of business surroundings and explains the commercial summary of chain structure. Moreover, it analyses forecast By Product Type, By Application, By Region and Breast Lesion Localization Methods Market Size.

Additionally, this report illustrates the corporate profiles and situation of competitive landscape amongst numerous associated corporations including the analysis of market evaluation and options associated with the worth chain. This report provides valuable insights on the general market profit through a profit graph, an in depth SWOT analysis of the market trends along side the regional proliferation of this business vertical.

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Market Segmentation:

This Market is divided By Product Type, By Application, By Region

Regionally, the worldwide Breast Lesion Localization Methods Market is fragmented as North America,Europe, Asia Pacific and also the rest of the world.

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Key Market Players:

Major market players enclosed within this market are C.R. BARD, Cook Medical, Cianna Medical, Eckert & Ziegler, Theragenics, Argon Medical Devices, SOMATEX Medical, IsoAid, Endomag, Ranfac  

(Note: The list of the key players are going to be updated with the most recent market scenario and trends)

FutureWise Key Takeaways:

• Growth prospects
• SWOT analysis
• Key trends
• Key data-points touching market growth

Competitive Landscape:

• Tier 1 players- well-established companies in the market accounting a major market share  
• Tier 2 players 
• Rapidly growing players
• New Entrants

Objectives of the Study:

• To offer with an complete analysis on the Breast Lesion Localization Methods Market.This Market is dividedBy Product Type, By Application, By Region
• To cater comprehensive data on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To measure and forecast micro-markets and also the overall market
• To predict the market size, in key regions — North America, Europe, Asia Pacific and rest of the world
• To record and evaluate the competitive landscape mapping - product launches, technological advancements, mergers and expansions

Browse Corresponding Healthcare Research Reports & Consulting

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Flexible Delivery Model:

• We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
• The customization services offered are free of charge with purchase of any license of the report.
• You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

About FutureWise Research:

We specialize in high-growth niche market research, assuring flexibility, agility and customized solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future.

Company Name: FutureWise Research 

Contact Person:  VinayThaploo

Email: sales@futurewiseresearch.com

Phone: +44 141 628 9353 / +1 347 709 4931

City:  Leeds

Country:  United Kingdom

Website: www.futurewiseresearch.com

Breast lesion localization methods are invasive or non-invasive techniques used to observe if lesions are palpable or non-palpable, as part of diagnosis of breast cancer. There are various types of breast lesion localization methods used globally to detect the abnormalities in terms of a lump or tumor in the breasts. Rampant increase in number of women opting for preventive screening tests for breast cancer creates a highly conducive environment for growth of the Global Breast Lesion Localization Methods Market in the foreseeable future. Among various methods under breast lesion localization methods, radio occult localization lesion localization (ROLL) method is one of the fastest growing segments in terms of revenue share, which in turn is expected to underpin growth of the breast lesion localization methods market in the near future. ROLL is a precise method for early detection of breasts lesion, which includes three-dimensional localization of impalpable breast tumor in the body. It provides a unique advantage of high feasibility in connection with sentinel node biopsy in the same setting.

Market Dynamics

Rapid strides made in technology and keen interest of healthcare providers to integrate cutting-edge solutions backed up by supportive government norms is fueling growth of this highly lucrative market, especially in developed regions. Furthermore, rise in prevalence of breast cancer globally, especially in Asia Pacific countries would inadvertently support market growth in the near future. In order to alleviate this spike in incidence rate of the malady, governments are focusing on strengthening the healthcare infrastructure through supportive regulatory norms and investments. Government and non-government organizations are actively focusing on developing awareness programs regarding breast cancer. Such initiatives are projected to bring about a rapid shift in market dynamics, with Asia Pacific taking on the mantle from North America to emerge as the largest market for breast lesion localization methods. According to The Economist Intelligence Unit Limited, in 2016, China had a comparatively low breast cancer burden by world standards, with 2012 age standardized ratio for incidence and mortality around 22.1 and 5.4 per 100,000 respectively. However, in India breast cancer incidence by global standards in 2012 age standardized ratio was around 25.8 per 100,000. Despite what the statistics tend to suggest, the extent of the disease has surged significantly unlike the steady rise as estimated earlier in 2009.

Breast cancer is a condition characterized by an uncontrolled multiplication of breast cells that form a lump, which may be malignant or non-malignant in nature. Such cells usually form tumors that can often be observed on an x-ray or felt as a lump. Breast cancer occurs most commonly among women aged 40 years and above along with a small percentage of men affected by the same. A novel technique of radio occult lesion localization is currently used for detection of non-palpable suspicious breast lesion, which is one of the latest techniques that is expected to gain major traction and in turn fuel growth of the global breast lesion localization methods market over the forecast period (2016–2024). Breast screening programs are favoring early detection of breast cancer, which is further supporting their appropriate treatment with novel techniques. According to Department of Oncology, part of Oxford University, in 2007, around 25% of the cancers were non-palpable that needed specific treatment such as radio-guided occult lesion localization.

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Favorable reimbursement policies favoring growth of the breast lesion localization methods market in developed regions

Favorable reimbursement scenario in several developed countries, especially North America further favors growth in research related to finding novel technique to detect cancer. According to American Cancer Society, one time screening mammogram every 12 months is covered fully under Medicare for all women aged 40 and older. Also, it pays for clinical breast exam (CBE) in every 24 months once, for women with average risk of breast cancer. This in turn is expected to increase in rate of breast cancer screening with subsequent increase in growth for breast lesion localization methods market in the near future.

Also, Coherent Market Insights has a proprietary database of pipeline biologics and biosimilars, called PHASE-XS. This database provides analytical data in addition to the clinical information of ongoing trials for biologics and biosimilars. An amalgamation of more than 30 parameters, PHASE-XS helps biotechnology and pharmaceutical companies to analyze the market trend, competition, and market potential. For more information or to access this database, kindly click on the below link or contact at sales@coherentmarketinsights.com

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Breast Lesion Localization Methods Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

Global Breast Lesion Localization Methods Market: By Technology (Radio Isotope Localization (Radio Isotope Seed Localization (RSL), Radio Occult Lesion Localization (ROLL), Others), Wire Guided localization, Magnetic Tracker, Others), By End User (Hospitals, Ambulatory Surgical Centers (ASC’s), and Others), By Region (North America, Asia Pacific, Latin America, Europe, Middle East and Africa) – Breast Lesion Localization Methods Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

Market Outline: Global Breast Lesion Localization Methods Market

Breast cancer is characterized by the abnormal multiplication of the breast cells that will form lumps that may be nonmalignant or malignant in nature. Such abnormal breast cells usually form tumors that may often observe on x-ray. Breast cancer occurs commonly in woman above 40 years of age and often it can be seen in men also. For the early detection of the lumps or lesions, various methods are used. Breast lesion localization methods are used to detect the nonpalatable suspicious breast lesions during the biopsy.

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Market dynamics: Global Breast Lesion Localization Methods Market

The advent of the novel technologies in breast localization methods such as electromagnetic reflectors and magnetic trackers and prevalence of the breast cancer worldwide are driving the breast lesion localization methods market. In addition, increase in awareness about the early detection of breast cancer due to the different awareness campaigns and initiatives were taken by respective government and nonprofit organizations such as Canadian Breast Cancer Foundation, American Cancer Society, and World Health Organization (WHO) expected to boost the market growth further. Moreover, favorable reimbursement policies in developed countries coupled with the rising demand for the better healthcare infrastructure globally projected to bolster the market growth over the forecast period. However, stringent regulatory approvals and high cost of the devices anticipated to hamper the global breast lesion localization market over the coming years.

Market Scope: Global Breast Lesion Localization Methods Market

Breast Lesion Localization Methods market is segmented based on technology, end user, and geography

Based on technology, market is segmented into

• Radio Isotope Localization
  • Radio Isotope Seed Localization (RSL)
  • Radio Occult Lesion Localization (ROLL)
  • Others
• Wire Guided localization
• Magnetic Tracker
• Others

Based on end user, market is segmented into

• Hospitals
• Ambulatory Surgical Centers (ASC’s)
• Others

Based on region, market is segmented into

• North America
• Latin America
• Asia Pacific
• The Middle East and Africa (MEA)
• Europe

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Market Summary: Global Breast Lesion Localization Methods Market

Breast lesion localization methods market is growing at significant rates owing to the rise in prevalence of the breast cancer. According to GLOBOCAN 2012 data, breast cancer is the second most common cancer worldwide, accounting 11.9% cancer cases globally. An estimated, 1.7 million new cases were diagnosed in 2012. Companies operating in the global breast lesion localization methods market are focusing on the development of the new technologies to increase their market share. For instance, Cianna Medical Inc. has received U.S. Food and Drug Administration for its SAVI SCOUT radar localization system. SAVI SCOUT is an integral part of SCOUT system for integral localization. Furthermore, companies also adopting the acquisitions and mergers to strengthen their product portfolio and market position. For instance, in September 2016, Argon Medical Inc. acquired soft tissue biopsy instruments manufacturer, Promex Technologies, LLC to strengthen its portfolio in soft tissue biopsy instruments including breast localization needles.

Regional Analysis: Global Breast Lesion Localization Methods Market

Geographically breast lesion localization methods market is divided into five key regions, i.e. North America, Europe, Asia- Pacific, Latin America, and the Middle East & Africa. North America breast lesion localization methods market is expected to grow at significant rates owing to lifestyle changes and the rise in the prevalence rates of breast cancer. Furthermore, established healthcare infrastructure and growing awareness related to the early detection of cancer are expected to boost the market growth in North America region. Europe breast lesion localization methods market is projected to grow t high rates owing to the increase in incident rates of breast cancer and advancements in technology. According to the GLOBCON 2008 report by WHO, the incident rates of breast cancer is 89.7 per 100,000 women in Western Europe, which is highest incident rate in the world. Asia Pacific breast lesion localization methods market is expected to have lucrative growth opportunity due to developing healthcare infrastructure and rise in breast cancer cases. Furthermore, rise in disposable income, growing awareness regarding early detection of cancer.

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Competition Assessment: Global Breast Lesion Localization Methods Market

Some of the players in breast lesion localization methods market are

• Cianna Medical, Inc. (U.S.)
• STERYLAB (Italy)
• Cook Group Inc. (U.S.)
• SOMATEX Medical Technologies GmbH (Germany)
• CP Medical, Inc. (Theragenics Corporation) (U.S.)
• Bard, Inc. (U.S.)
• Argon Medical Devices, Inc. (ACI Medical Devices, Inc.) (U.S.)
• Faxitron, Inc. (Faxitron Bioptics, LLC) (U.S.)
• Endomagnetics Limited. (UK)

Notable Market Developments: Global Breast Lesion Localization Methods Market

• In May 2017, U.S. Food and Drug Administration has approved LOCalizer radio frequency identification lesion localization system of Faxitron, Inc.

Key Features of the Report:

• The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

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