Breast Localization Wire Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Bard,Cook, Argon Medical Devices, Pajunk

It is expected that the breast localization wire market will register a CAGR of 11.2% over the forecast period.

Breast Localization Wire Market Overview

According to the Breast Cancer Organization, 266,120 new instances of invasive breast cancer and 63,960 new cases of non-invasive breast cancer will be detected in 2018. The usage of breast localization methods is expected to increase as the number of government and non-government reimbursement schemes for breast cancer diagnostics, biopsy, and other relevant medical procedures grows. The market is predicted to rise in response to rising demand for better healthcare infrastructure and amenities, as well as increased awareness about breast cancer screening. For example, in Australia, there is a national breast cancer screening program called Breast Screen Australia, which offers free mammography tests every two years to women aged 50 to 74. Early diagnosis is also being promoted in developing countries such as India and China.

Recent Developments:

11-Apr-2022: FDA Approves Wire-free Breast Localization Solution for Biopsy-- 

Merit Medical Systems, Inc. announced FDA clearance for its SCOUT Bx Delivery System, which according to the company is the first wire-free breast localization solution that can be deployed at the time of stereotactic or MRI-guided biopsy.

What are the major Applications, Types and Regions for Breast Localization Wire Market?

Breast Localization Wire Market is segmented based on the type, applications, companies and regions.

By Type, Breast Localization Wire Market has been segmented into 

• Double Barb


• Single Barb


• Other

By Applications, Breast Localization Wire Market has been segmented into

• Commerical


• Home

Regional Analysis of Breast Localization Wire Market:

The report offers an in-depth assessment of the growth and other aspects of the Breast Localization Wire Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.

North America has dominated the breast lesion localization methods market in recent years, and this trend is expected to continue over the forecast period, owing to the high prevalence of breast cancer cases, as well as the presence of robust healthcare infrastructure and rising breast cancer awareness. Mexico recorded 29,929 new breast cancer cases in 2020, whereas Canada reported 274,364 new breast cancer cases in the same year, according to the Globocan 2020 study. According to the same source, by 2040, the incidence of breast cancer in Mexico is anticipated to climb to 323,432 cases and 400,564 cases in Canada, indicating a considerable increase in the burden of breast cancer and increasing the demand for treatment.

Asia Pacific is predicted to have the quickest CAGR of 15.3% throughout the projection period, owing to rising disposable income levels, significant unmet clinical needs, and increased patient awareness about early detection. Furthermore, this region's potential growth platform is expected to be bolstered by quickly improving healthcare infrastructure and rising demand for breast-conserving surgery. Factors such as rising medical tourism in APAC's growing countries are also driving the market.

What is our Breast Localization Wire Market report scope?

Key Takeaways from this Breast Localization Wire Report

• Evaluate Breast Localization Wire market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industries verticals.


• Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.


• Get in-depth insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.


• Analyze the sales and distribution channels across key geographies to improve top-line revenues.


• Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Breast Localization Wire market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the growth rate of Breast Localization Wire Market?

The Breast Localization Wire Market is growing at a CAGR of 11.2% over the next 5 years.

Who are the key players in Breast Localization Wire Market?

Bard, Cook, Argon Medical Devices, Pajunk, STERYLAB, Ranfac, CP Medical, Somatex Medical Technologies, Matek

What are the significant types of Breast Localization Wire Market?

Double Barb, Single Barb, Other

What are the major end-use applications of Breast Localization Wire Market?

Commercial, Home

All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.