Biopsy Devices Market is estimated to be valued at USD 2,557.7 Mn in 2025 and is expected to reach USD 3,974.6 Mn by 2032, growing at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 2,557.7 Mn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
6.50%
2032 Value Projection:
USD 3,974.6 Mn
A biopsy is a medical procedure performed to diagnose diseases by examining the tissues or cells of organs or tumors. Biopsy devices are minimally invasive tools used to collect tissue samples from affected areas of the body. The global biopsy devices market has been witnessing tremendous growth, attributed to the rising incidence of cancer and increasing demand for minimally invasive diagnostic procedures. Factors such as a growing aging population, a preference for early disease diagnosis, and treatment and technological advancements leading to improved biopsy tools are contributing to market expansion. However, factors like complications associated with biopsy procedures and a strict regulatory framework for the approval of new biopsy products can present major challenges. Overall, with increased awareness about early screening and diagnosis of diseases, the biopsy devices market is expected to witness steady growth over the forecast period.
Market Dynamics
The global biopsy devices market is primarily driven by the increasing prevalence of cancer worldwide. Changing lifestyle habits leading to a rising risk of chronic diseases, a growing elderly population susceptible to targeted diseases, and the benefits offered by minimally invasive techniques are major factors fueling demand for biopsy procedures. However, high costs associated with biopsy devices, a dearth of skilled professionals, and complications pertaining to biopsy techniques can restrict market growth.
Ongoing research for the development of advanced biopsy tools, untapped potential in emerging markets, and favorable reimbursement scenarios present new opportunities. In addition, the launch of innovative products by key market players is anticipated to drive the market development over the forecast period. For instance, in September 2022, Merit Medical Systems, Inc., a leading global manufacturer and marketer of healthcare technology, announced the commercial release of the TEMNO Elite Soft Tissue Biopsy System in the U.S., the latest addition to Merit's extensive line of biopsy devices.
Key features of the study
This report provides an in-depth analysis of the global biopsy devices market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global biopsy devices market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Merit Medical Systems, Inc, Hologic, Inc., Becton, Dickinson and Company, Medtronic plc, Stryker Corporation, Leica Biosystems Nussloch GmbH, Gallini Srl, TSK Laboratory, Remicalm, Meditech Devices, Agilent Technologies Inc., Guardant Health, Inc., Agena Bioscience, nRichDX, Epic Sciences, Inc., Predicine, Inc. , Argon Medical Devices , Cook Medical, Hologic Inc., Gallini Medical, and Intact Medical Corporation.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global biopsy devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global biopsy devices market.
Market Segmentation
Biopsy Devices Market, By Product Type
Procedure Tray
Needle Based Biopsy Instruments
Liquid Biopsy Instruments
Biopsy Table
Biopsy Forceps
Others
Biopsy Devices Market, By Biopsy Type
Bone marrow biopsy
Cone biopsy
Excisional biopsy
Liquid biopsy
Needle biopsy
Others
Biopsy Devices Market, By Application
Prostate
Endometrial
Liver
Heart
Others
Biopsy Devices Market, By End User
Hospitals & Clinics
Diagnostic Labs
Academic & Research Institutes
Biopsy Devices Market, By Region
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Company Profiles
Merit Medical Systems, Inc.
Hologic, Inc.
Becton, Dickinson and Company
Medtronic plc
Stryker Corporation
Leica Biosystems Nussloch GmbH
Gallini Srl
TSK Laboratory
Remicalm
Meditech Devices
Agilent Technologies Inc.
Guardant Health, Inc.
Agena Bioscience
nRichDX
Epic Sciences, Inc.
Predicine, Inc.
Argon Medical Devices
Cook Medical
Hologic Inc.
Gallini Medical
Intact Medical Corporation
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Biopsy Devices Market, By Product Type
Biopsy Devices Market, By Biopsy Type
Biopsy Devices Market, By Application
Biopsy Devices Market, By End User
Biopsy Devices Market, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Increasing prevalence of cancer
Technological advancements in biopsy devices
Government and private funding for cancer research
Restraints
High cost of biopsy procedures
Lack of reimbursement policies
Opportunities
Emerging Economies
Launch of innovative biopsy gun devices
Development of minimally invasive biopsy techniques
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
4. Biopsy Devices Market, By Product Type, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Procedure Tray
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Needle Based Biopsy Instruments
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Liquid Biopsy Instruments
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Biopsy Table
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Biopsy Forceps
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
5. Biopsy Devices Market, By Biopsy Type, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Bone marrow biopsy
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Cone biopsy
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Excisional biopsy
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Liquid biopsy
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Needle biopsy
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
6. Biopsy Devices Market, By Application, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Prostate
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Endometrial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Liver
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Heart
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
7. Biopsy Devices Market, By End User, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Hospitals & Clinics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Diagnostic Labs
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Academic & Research Institutes
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
8. Biopsy Devices Market, By Region, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Biopsy Type, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Mn)
Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2020 - 2032, (USD Mn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Biopsy Type, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Mn)
Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2020 - 2032, (USD Mn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Biopsy Type, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Mn)
Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2020 - 2032, (USD Mn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Biopsy Type, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Mn)
Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2020 - 2032, (USD Mn)
Brazil
Mexico
Argentina
Rest of Latin America
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Biopsy Type, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Mn)
Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2020 - 2032, (USD Mn)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Biopsy Type, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Mn)
Market Size and Forecast, By Country, Y-o-Y Growth and By Country/Region, 2020 - 2032, (USD Mn)