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South AMerica Biopsy Devices Market
ID: MRFR/HC/54675-HCR
200 Pages
June 2025
South America Biopsy Devices Market South America Biopsy Devices Market Research Report: By Product Type (Biopsy Guns, Biopsy Guidance System, Biopsy Needles, Biopsy Forceps, Localization Wires, Others), By Application (Breast Biopsy, Prostate Biopsy, Liver Biopsy, Lung Biopsy, Gynecological Biopsy, Others), By Guidance (Ultrasound-Guided Biopsy, Stereotactic Guided Biopsy, MRI-Guided Biopsy, CT Guided Biopsy, Others), By End User (Hospitals & Clinics, Diagnostic & Imaging Centers, Academic & Rese... read more
Industry Developments
Recent developments in the South America Biopsy Devices Market have shown significant momentum, particularly driven by advancements in minimally invasive techniques and increasing cancer incidences across the region. Abbott Laboratories is focusing on innovation with a new line of biopsy devices targeted at improving accuracy and reducing patient recovery time. In terms of acquisitions, Medtronic acquired Mazor Robotics in November 2019 to enhance its surgical offerings, a move that is expected to have ripple effects in the biopsy market as they integrate robotic technologies into their device repertoire. Hologic also announced in June 2022 the expansion of their product portfolio to include advanced imaging technology that complements their existing biopsy equipment. Market growth has been apparent with companies like Boston Scientific observing enhanced sales figures due to rising demand for diagnostic services linked to cancer, emphasizing the growing prevalence of diseases requiring biopsy evaluations. Notably, GE Healthcare made headlines in March 2023 for their collaboration with local health agencies to improve access to diagnostic imaging, notably impacting the adoption rates of biopsy devices in South America.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 264.0(USD Million) |
| MARKET SIZE 2024 | 281.0(USD Million) |
| MARKET SIZE 2035 | 519.9(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 5.753% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Nuvem Medical, Medtronic, Abbott Laboratories, Johnson & Johnson, Hologic, Cardinal Health, Phillips, Terumo Corporation, Olympus Corporation, Stryker Corporation, F. HoffmannLa Roche, Boston Scientific, B. Braun, Siemens Healthineers, GE Healthcare |
| SEGMENTS COVERED | Product Type, Application, Guidance, End User, Regional |
| KEY MARKET OPPORTUNITIES | Growing demand for minimally invasive procedures, Increasing cancer prevalence and screenings, Advancements in imaging technologies, Rising healthcare expenditure, Expansion of healthcare infrastructure |
| KEY MARKET DYNAMICS | Increasing cancer prevalence, Advancements in device technology, Rising demand for minimally invasive procedures, Growing healthcare expenditure, Expansion of diagnostic capabilities |
| COUNTRIES COVERED | Brazil, Mexico, Argentina, Rest of South America |
FAQs
What is the expected market size of the South America Biopsy Devices Market in 2024?
The South America Biopsy Devices Market is expected to be valued at 281.0 million USD in 2024.
What is the projected market value for the South America Biopsy Devices Market in 2035?
In 2035, the South America Biopsy Devices Market is projected to reach a value of 519.9 million USD.
What is the expected CAGR for the South America Biopsy Devices Market from 2025 to 2035?
The expected CAGR for the South America Biopsy Devices Market from 2025 to 2035 is 5.753%.
Which region holds the largest market share in the South America Biopsy Devices Market?
Brazil is anticipated to hold the largest market share in the South America Biopsy Devices Market, with a value of 92.0 million USD in 2024.
What are the values of the South America Biopsy Devices Market by product type in 2024?
By product type in 2024, Biopsy Guns will be valued at 60.0 million USD, Biopsy Guidance Systems at 55.0 million USD, Biopsy Needles at 80.0 million USD, Biopsy Forceps at 45.0 million USD, and Localization Wires at 41.0 million USD.
Who are the key players in the South America Biopsy Devices Market?
Key players in the South America Biopsy Devices Market include Nuvem Medical, Medtronic, Abbott Laboratories, Johnson & Johnson, Hologic, and others.
What challenges does the South America Biopsy Devices Market face for growth?
Challenges to growth in the South America Biopsy Devices Market include regulatory hurdles and the need for advanced technology in biopsy procedures.
Which region showed significant growth potential in the South America Biopsy Devices Market?
Mexico is identified as having significant growth potential in the South America Biopsy Devices Market, projected to reach 75.0 million USD in 2024.
What is the market size for Biopsy Needles in 2035?
The market size for Biopsy Needles is projected to reach 150.0 million USD in 2035.
What are the emerging trends in the South America Biopsy Devices Market?
Emerging trends include advancements in minimally invasive techniques and increased demand for accurate diagnostic tools in the South America Biopsy Devices Market.
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