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(MoneyNewsWire.Net, August 24, 2017 ) The Middle-East and Africa Biopsy Devices Market was worth $124 million in 2016 and estimated to be growing at a CAGR of 7.25%, to reach $175.99 million by 2021.
A Biopsy Market is a medical test performed on a tissue or cell to examine, determine and remove the affected tissue from the body. If a patient is suspected to have cancer, a biopsy is used to extract tissue samples for diagnosis and determination of cancer. The procedure is performed by interventional radiologists to detect cancer and the end-users of this market are hospitals, diagnostic centres, and other medical clinics.
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The biopsy devices market will experience a considerable growth over the forecast period driven by increasing prevalence of cancer cases, growing demand for minimally invasive biopsy procedures, rapidly aging global population. Factors responsible for restraining the growth of global biopsy devices market include, clinical issues in the core needle biopsy, stringent regulation and standards for the use of biopsy and increasing complaints regarding the breast cancer screening procedure.
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The Middle-East and Africa biopsy devices market is segmented on the basis of product into instruments and consumables. Instruments segment is further segregated into manual, automated and semi-automated. Consumables segment is sub-segmented into reagents and kits. On the basis of type the market is bifurcated into needle biopsy and surgical biopsy. Needle biopsy segmented is further segmented into core needle biopsy, fine needle biopsy and vacuum-assisted biopsy. Surgical biopsy segment is divided among Incisional biopsy and Excisional biopsy. Based on application the market is segregated into scientific research, medical diagnosis, agricultural applications and genetic fingerprinting & sex determination. By End User, the market is divided into pharmaceutical and biology industry, academic research institute, contract research organizations and forensic labs.
Based on geography the market is analysed under various countries namely, Middle-East and Africa. Middle-East is expected to dominate the biopsy devices market in this region for the forecast period by growing at high CAGR.
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