Cancer Biopsy Market Enormous Growth with Recent Trends & Demand with CAGR of 11.13% from 2021 to 2027
Cancer Biopsy Industry Overview The global cancer biopsy market size was valued at USD 21.26 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 11.13% from 2021 to 2027. The increasing prevalence of oncology indications, coupled with the growing geriatric population, is a major factor expected to fuel market growth. In addition, the advent of liquid biopsy and the ongoing developments in biopsy techniques are expected to propel the growth of the market. Various techniques including endoscopic, bone marrow, skin, needle, and surgical biopsies are incorporated in the oncology diagnostics field. Amongst these techniques, needle biopsies are considered a preferred technique aimed at the early detection of patients. However, advantages of fine-needle aspiration (FNA) type needle biopsies such as less invasion along with lesser time for the outcomes have supplemented the market growth. Additionally, series of advancements in image-guided biopsies an...