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Breast Lesion Localization Methods Market

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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.
Breast Lesion Localization Methods Market Growth
And Industry Analysis By 2024
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
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 threedimensional 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.
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Market Dynamics
Rapid strides made in technology and keen interest of healthcare providers to integrate cuttingedge 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.
Market Taxonomy
This report segments the global breast lesion localization methods market on the basis of
technique, end user, and geography. On the basis of technique, the market is categorized into
wire guided localization, radio guided occult lesion localization, radioactive seed localization,
magnetic tracers and ultrasound guided surgery. The wire guided localization method is further
divided into core biopsy needles and fine aspiration needles. On the basis of end user, the
market is divided into hospitals, ambulatory and surgical centers, diagnostics centers, oncology
centers and others. Among all end users, hospitals segment dominated the breast lesion
localization methods market, owing to rapid advancements in medical systems.
Key companies covered as a part of this study include Cook Medical Inc., Argon Medical
Devices, Inc., C. R. Bard, Inc., SOMATEX Medical Technologies GmbH, Tsunami S.r.l, Sterylab
Medical and Biopsybell Srl.
Large potential in untapped emerging economies is expected to fuel the growth in breast lesion
localization methods market
Continuous rise in population in emerging economies such as India and increasing focus towards
strengthening of the healthcare infrastructure in the region are expected to provide major
growth traction for the breast lesion localization methods market in the near future.
Furthermore, according to The Pink Initiative and Breast Cancer Statistics in India, in 2014, a
significantly large population of patients below the age of 50 years suffered from breast cancer.
The exact statistics represents that around 16% were in the age between 20 and 40 and 28%
were in age between 40 and 50. Increasing awareness in such regions with high potential is
expected to improve the time to market of highly effective and advanced products. The breast
lesion localization methods market is expected to surge on a wave of renewed interest by
healthcare providers and governments alike to tackle the menace of breast cancer in the not-so
distant future.
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Author
Alex Huge
Alex Huge414   documents Email
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