Breast
lesion localization methods are invasive or non-invasive techniques
used to observe if lesions are palpable or non-palpable, as part of
diagnosis of breast cancer. There are various types of breast lesion
localization methods used globally to detect the abnormalities in
terms of a lump or tumor in the breasts. Rampant increase in number
of women opting for preventive screening tests for breast cancer
creates a highly conducive environment for growth of the breast
lesion localization methods market in the foreseeable future. Among
various methods under breast lesion localization methods, radio
occult localization lesion localization (ROLL) method is one of the
fastest growing segments in terms of revenue share, which in turn is
expected to underpin growth of the breast lesion localization methods
market in the near future. ROLL is a precise method for early
detection of breasts lesion, which includes three-dimensional
localization of impalpable breast tumor in the body. It provides a
unique advantage of high feasibility in connection with sentinel node
biopsy in the same setting.
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Market
Dynamics
Rapid
strides made in technology and keen interest of healthcare providers
to integrate cutting-edge solutions backed up by supportive
government norms is fueling growth of this highly lucrative market,
especially in developed regions. Furthermore, rise in prevalence of
breast cancer globally, especially in Asia Pacific countries would
inadvertently support market growth in the near future. In order to
alleviate this spike in incidence rate of the malady, governments are
focusing on strengthening the healthcare infrastructure through
supportive regulatory norms and investments. Government and
non-government organizations are actively focusing on developing
awareness programs regarding breast cancer. Such initiatives are
projected to bring about a rapid shift in market dynamics, with Asia
Pacific taking on the mantle from North America to emerge as the
largest market for breast lesion localization methods. According to
The Economist Intelligence Unit Limited, in 2016, China had a
comparatively low breast cancer burden by world standards, with 2012
age standardized ratio for incidence and mortality around 22.1 and
5.4 per 100,000 respectively. However, in India breast cancer
incidence by global standards in 2012 age standardized ratio was
around 25.8 per 100,000. Despite what the statistics tend to suggest,
the extent of the disease has surged significantly unlike the steady
rise as estimated earlier in 2009.
Market
Taxonomy
This
report segments the global breast lesion localization methods market
on the basis of technique, end user, and geography. On the basis of
technique, the market is categorized into wire guided localization,
radio guided occult lesion localization, radioactive seed
localization, magnetic tracers and ultrasound guided surgery. The
wire guided localization method is further divided into core biopsy
needles and fine aspiration needles. On the basis of end user, the
market is divided into hospitals, ambulatory and surgical centers,
diagnostics centers, oncology centers and others. Among all end
users, hospitals segment dominated the breast lesion localization
methods market, owing to rapid advancements in medical systems.
Key
companies covered as a part of this study include Cook Medical Inc.,
Argon Medical Devices, Inc., C. R. Bard, Inc., SOMATEX Medical
Technologies GmbH, Tsunami S.r.l, Sterylab Medical and Biopsybell
Srl.
Large
potential in untapped emerging economies is expected to fuel the
growth in breast lesion localization methods market
Continuous
rise in population in emerging economies such as India and increasing
focus towards strengthening of the healthcare infrastructure in the
region are expected to provide major growth traction for the breast
lesion localization methods market in the near future. Furthermore,
according to The Pink Initiative and Breast Cancer Statistics in
India, in 2014, a significantly large population of patients below
the age of 50 years suffered from breast cancer. The exact statistics
represents that around 16% were in the age between 20 and 40 and 28%
were in age between 40 and 50. Increasing awareness in such regions
with high potential is expected to improve the time to market of
highly effective and advanced products. The breast lesion
localization methods market is expected to surge on a wave of renewed
interest by healthcare providers and governments alike to tackle the
menace of breast cancer in the not-so distant future.
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