Breast Lesion Localization Market worth USD 390.6 million by 2031 | Hologic, Inc. (US), Becton, Dickinson and Company (US), Merit Medical Systems (US)

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New York, USA, 2022-Sep-23 — /EPR Network/ — The global breast lesion localization market size was USD 254 million in 2021 and it is anticipated to reach USD 390.6 million in 2031, growing at a rate of 4.4% from 2022-2031.

Global Breast Lesion Localization Market report from Global Insight Services is the single authoritative source of intelligence on Breast Lesion Localization Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Breast lesion localization is a medical device used in the detection of malignant and nonmalignant tumors. It is used in the preoperative marketing of nonpalatable breast lesions. There are different types f breast lesion localization devices developed using different techniques: radiations, wires, radar, and electromagnetic. Breast lesion localization methods are used to detect the abnormalities in terms of a lump or tumor in the breasts. There are various types of breast lesion localization methods used across the globe to detect a lump or tumor in the breasts.

Market Trends and Drivers:

The major factor boosting the growth of the market is the increasing incidence of breast cancer. Breast cancer is among the most common diseases affecting women in developed and developing countries. As per the American Cancer Society, breast cancer is the second-leading cause of cancer-related deaths in women globally. Worldwide, there has been significant growth in the number of breast cancer cases. This can majorly be attributed to changing lifestyles, the increasing use of oral contraceptives, and the rising number of women undergoing cosmetic surgeries, such as breast enhancement.

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Market Segments:

By Type

Wire Localization
Radioisotope Localization
Radio-guided Occult Lesion Localization

By Usage

Breast Biopsy
Breast Conservation (Lumpectomy)

By Region

North America
The U.S.
Canada

Key Players:

Hologic, Inc. (US)
Becton, Dickinson and Company (US)
Merit Medical Systems (US)
Leica Biosystems Nussloch GmbH (US)
Argon Medical Devices (US)
Laurane Medical LLC (France)
Endomagnetics Ltd. (UK)
Intramedical Imaging, LLC (US)

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