Breast cancer is the most common cancer in women across the world. Thus, the increasing prevalence of it amongst women is expected to drive the growth of the global Breast Lesion Localization Methods market in the next few years.
Globally, there has been significant growth in the number of breast cancer cases. This can be attributed to the changing lifestyles of women and an increasing number of women undergoing cosmetic surgeries, such as breast enhancement. According to Research, about 1 in 8 U.S. women will develop invasive breast cancer over the course of her lifetime. In 2021, an estimated 281,550 new cases of invasive breast cancer are expected to be diagnosed in women in the U.S., along with 49,290 new cases of non-invasive breast cancer. Additionally, according to the World Health Organization, in 2020, there were 2.3 million women diagnosed with breast cancer and 685 000 deaths globally. As of the end of 2020, there were 7.8 million women alive who were diagnosed with breast cancer in the past 5 years, making it the world’s most prevalent cancer. Therefore, the rising incidence of breast cancer is resulting in a growth in the number of breast cancer surgeries. Ultimately, it boosts the demand for Breast Lesion Localization Methods.
Similarly, governments in emerging countries are investing heavily in the development and modernization of healthcare infrastructure as well as growing awareness on the early detection of breast cancer are other prominent factors propelling the demand for Breast Lesion Localization Methods. Eventually, it will be expanding the market’s growth in the near future.
However, factors such as the high cost of breast lesions localization procedures and high stringency in regulatory procedures are expected to hampering the growth Breast Lesion Localization Methods market over the forecast period.
Breast Lesion Localization Methods Market Segment Overview
According to type, the wire localization segment accounted for the highest share of the market. This is due to its accuracy in abnormal tissue localization, minimal removal of normal tissues, minimal scarring, and availability of compensation for breast lesion localization devices. In addition, owing to the ease of use of wire localization technology and the knowledge of end-users about the technology have resulted in its increased adoption.
Breast Lesion Localization Methods Market Regional Overview
Region-wise, North America is anticipated to dominate the overall market, throughout the forecast period. This is due to the increasing number of localization surgeries for breast lesions in the region. On the other side, the large share of the Asia Pacific region is due to development in healthcare infrastructure, high government spending on breast cancer research, and growing awareness about the importance of the early detection of breast cancer in several APAC countries. Besides this, the increasing focus of prominent players in emerging Asian countries will further boost the market’s growth in this region.
Breast Lesion Localization Methods Market Competitor overview
· In 2019, Hologic Inc. launched LOCalizer wire-free guidance system. The LOCalizer™ wire-free guidance system is designed to mark and guide to non-palpable breast lesions using a miniature radiofrequency identification (RFID) Tag.
· In May 2019, Argon Medical Devices, Inc., a global manufacturer of specialty medical devices used in interventional procedures, announced it has completed the acquisition of Mana-Tech, Ltd., its exclusive distributor for the United Kingdom and Ireland.
Breast Lesion Localization Methods Market, Key Players
· SOMATEX Medical Technologies
· Laurane Medical
· Matek Medical
· Tsunami Medical
· Biopsybell SRL
· Argon medical devices
· C.R. Bard
· Cianna Medical, Inc.
· Cook Medical
· C.P. Medical
· Hologic Inc.
· Health Beacons, Inc
· Mermaid Medical A/S
· IZI Medical Products
· BPB Medica
· Sirius Medical BV
· Molli Surgical Inc.
· B.D. Company
Breast Lesion Localization Methods Market Segmentation
Breast Lesion Localization Methods Market, By Type
· Wire Localization
· Radioisotope localization
· Magnetic localization
· Electromagnetic localization
· Other localization methods
Breast Lesion Localization Methods Market, By Usage
· Tumor identification
· Sentinel lymph node identification
· Lumpectomy
· Mastectomy
Breast Lesion Localization Methods Market, By Region
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Breast Lesion Localization Methods Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Wire Localization
- 5.2.2. Radioisotope localization
- 5.2.3. Magnetic localization
- 5.2.4. Electromagnetic localization
- 5.2.5. Other localization methods
- 5.3. Market Analysis, Insights and Forecast – By Usage
- 5.3.1. Tumor identification
- 5.3.2. Sentinel lymph node identification
- 5.3.3. Lumpectomy
- 5.3.4. Mastectomy
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Latin America
- 5.4.3. Europe
- 5.4.4. Asia Pacific
- 5.4.5. Middle East and Africa
6. North America Breast Lesion Localization Methods Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Wire Localization
- 6.2.2. Radioisotope localization
- 6.2.3. Magnetic localization
- 6.2.4. Electromagnetic localization
- 6.2.5. Other localization methods
- 6.3. Market Analysis, Insights and Forecast – By Usage
- 6.3.1. Tumor identification
- 6.3.2. Sentinel lymph node identification
- 6.3.3. Lumpectomy
- 6.3.4. Mastectomy
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Latin America Breast Lesion Localization Methods Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Wire Localization
- 7.2.2. Radioisotope localization
- 7.2.3. Magnetic localization
- 7.2.4. Electromagnetic localization
- 7.2.5. Other localization methods
- 7.3. Market Analysis, Insights and Forecast – By Usage
- 7.3.1. Tumor identification
- 7.3.2. Sentinel lymph node identification
- 7.3.3. Lumpectomy
- 7.3.4. Mastectomy
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. Brazil
- 7.4.2. Mexico
- 7.4.3. Rest of Latin America
8. Europe Breast Lesion Localization Methods Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Wire Localization
- 8.2.2. Radioisotope localization
- 8.2.3. Magnetic localization
- 8.2.4. Electromagnetic localization
- 8.2.5. Other localization methods
- 8.3. Market Analysis, Insights and Forecast – By Usage
- 8.3.1. Tumor identification
- 8.3.2. Sentinel lymph node identification
- 8.3.3. Lumpectomy
- 8.3.4. Mastectomy
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. UK
- 8.4.2. Germany
- 8.4.3. France
- 8.4.4. Italy
- 8.4.5. Spain
- 8.4.6. Russia
- 8.4.7. Rest of Europe
9. Asia Pacific Breast Lesion Localization Methods Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Wire Localization
- 9.2.2. Radioisotope localization
- 9.2.3. Magnetic localization
- 9.2.4. Electromagnetic localization
- 9.2.5. Other localization methods
- 9.3. Market Analysis, Insights and Forecast – By Usage
- 9.3.1. Tumor identification
- 9.3.2. Sentinel lymph node identification
- 9.3.3. Lumpectomy
- 9.3.4. Mastectomy
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. China
- 9.4.2. India
- 9.4.3. Japan
- 9.4.4. Australia
- 9.4.5. South East Asia
- 9.4.6. Rest of Asia Pacific
10. Middle East & Africa Breast Lesion Localization Methods Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Type
- 10.2.1. Wire Localization
- 10.2.2. Radioisotope localization
- 10.2.3. Magnetic localization
- 10.2.4. Electromagnetic localization
- 10.2.5. Other localization methods
- 10.3. Market Analysis, Insights and Forecast – By Usage
- 10.3.1. Tumor identification
- 10.3.2. Sentinel lymph node identification
- 10.3.3. Lumpectomy
- 10.3.4. Mastectomy
- 10.4. Market Analysis, Insights and Forecast – By Country
- 10.4.1. GCC
- 10.4.2. South Africa
- 10.4.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.4. SOMATEX Medical Technologies
- 11.4.1. Business Overview
- 11.4.2. Segment 1 & Service Offering
- 11.4.3. Overall Revenue
- 11.4.4. Geographic Presence
- 11.4.5. Recent Development
- 11.5. Laurane Medical
- 11.6. Matek Medical
- 11.7. Tsunami Medical
- 11.8. Biopsybell SRL
- 11.9. Argon medical devices
- 11.10. C.R. Bard
- 11.11. Cianna Medical, Inc.
- 11.12. Cook Medical
- 11.13. C.P. Medical
- 11.14. Hologic Inc.
- 11.15. Health Beacons, Inc
- 11.16. Mermaid Medical A/S
- 11.17. IZI Medical Products
- 11.18. BPB Medica
- 11.19. Sirius Medical BV
- 11.20. Molli Surgical Inc.
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In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
