Global Lumpectomy Market Set for Rapid Growth, to reach Value USD 2,043.4 Million by 2025

06-Jan-2020 | Zion Market Research

Zion Market Research has published a new report titled “Lumpectomy Market by Product (Lumpectomy Surgical Tools and Lumpectomy Systems) and End User (Hospitals, Ambulatory Surgical Center, and Clinics): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2025” According to the report, global demand for lumpectomy market was valued at approximately USD 1,250.6 Million in 2018, and is expected to generate revenue of around USD 2,043.4 Million by end of 2025, growing at a CAGR of around 7.4% between 2019 and 2025.

Browse the full “Lumpectomy Market: by Product (Lumpectomy Surgical Tools and Lumpectomy Systems) and End User (Hospitals, Ambulatory Surgical Center, and Clinics): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 - 2025” Report at https://www.zionmarketresearch.com/report/lumpectomy-market

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Lumpectomy is a surgical procedure that is carried out to remove cancer or other abnormal tissue from breasts. Lumpectomy is also identified as breast-conserving surgical procedure or wide local excision. During the lumpectomy process, a small amount of normal tissue adjacent to the lump is likewise extracted to aid confirm that all the cancer or additional anomalous tissue is eradicated.

Factors such as growing breast cancer problem worldwide, snowballing cases of breast cancer, increasing necessity for breast cancer surgical treatment, promising government measures will act as major driving factors in the growth of global lumpectomy market. Technological enhancements in the area of lumpectomy and measures taken by administrations will present an opportunity for the market players in the lumpectomy market. Nonetheless, rigorous guidelines, deficiency of skilled medicinal professionals, and high price will restrict the growth of global lumpectomy market.

The global lumpectomy market has been split into product and end user. Based on type, lumpectomy market has been segmented into lumpectomy surgical tools and lumpectomy systems. The lumpectomy surgical tools segment accounted for the highest market share in 2018 owing to launch of new and innovative products.

The end user segment has been divided into hospitals, ambulatory surgical center, and clinics.
Regionally, the lumpectomy market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. North America will be foremost region through the forecast time. U.S. will be the leading country in the North America region owing to high awareness and presence of state-of-the-art healthcare infrastructure. Europe is likely to be the succeeding key market. The crucial reasons are presence of skilled medical professionals and favorable reimbursement scenario. Asia Pacific will develop at the highest growth rate owing to high breast cancer prevalence and initiatives taken by government to increase awareness regarding breast cancer. Latin America region will propagate at a noteworthy rate through the assessment time. Middle East & Africa will show positive advancement in the projected time-frame.

The report also includes detailed profiles of key players such as Dune Medical Devices, ClearCut Medical, Carl Zeiss Meditec AG, Novian Health, iCAD Inc among others.

This report segments the Global Lumpectomy Market as follows:

Global Lumpectomy Market: By Product

  • Lumpectomy Surgical Tools
  • Lumpectomy Systems

Global Lumpectomy Market: By End User

  • Hospitals
  • Ambulatory Surgical Center

Global Lumpectomy Market: By Region

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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