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Global Breast Localization System Market to reach USD XX million by 2028.

Global Breast Localization System Market Size study, By Device Type (Wire Guided, Radioisotope, Radioactive-Seed Localization (RSL), Radio Guided Occult-Lesion Localization (ROLL), Magnetic Tracer}, By Application (Breast Biopsy, Lumpectomy), By End User (Hospital, Ambulatory Surgical Center, Diagnostic Center, Ambulatory Care Center, Specialty Clinic, Others), and Regional Forecasts 2022-2028

Product Code: HLSMDE-87381847
Publish Date: 15-05-2022
Page: 200

Global Breast Localization System Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Breast localization systems refers to medical devices which are used to examine abnormalities in breast. Breast localization systems. Wire-guided localization (WGL) is widely used localization method, Wire free localization is also gaining popularity in recent times. Needle localization is done before performing breast surgery to locate abnormality in breast. Increasing prevalence of breast cancer and rising consumer spending on enhancing body aesthetics coupled with recent regulatory approvals are key drivers for growth of Breast localization systems Market. For instance, According to World Health Organization’s estimates – In 2020 around 2.3 million women were diagnosed with breast cancer and breast cancer alone accounted for 685, 000 deaths globally. Further, at the end of 2020, there were 7.8 million women were diagnosed with breast cancer in the past 5 years. Moreover, in April 2022, Merit Medical Systems, Inc. received FDA clearance for its SCOUT Bx breast localization System. This new system is said to be which company’s first wire-free breast localization solution. Further, in April 2021, FDA provided clearance for MOLLI Surgical Inc.’s Molli, a wire-free localization technology. This new device is intended for detection of small, nonpalpable tumors along with a detection wand and visualization tablet. Also, with increasing demand for the early detection of breast cancer coupled with rising healthcare spending from emerging economies, the Market would witness impressive growth opportunities in the forecasted period. However, high cost of treatment and localization devices and dearth of skilled healthcare professionals hinder the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Breast Localization System Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising adoption of cosmetics surgical procedures and presence of leading manufacturer in the region. Whereas Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the rising incidence of breast cancer and growing healthcare infrastructure in the region, would create lucrative growth prospects for the Breast Localization System Market across the Asia Pacific region.

Major market players included in this report are:
Ranfac Corporation
C.R. Bard Inc.
Invivo Corporation
SOMATEX Medical Technologies GmbH
SurgicEye GmbH
Cianna Medical Inc.
Cook Medical Inc.
GE Healthcare Inc.
Argon Medical Devices, Inc.
Intra-Medical Imaging LLC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Device Type
Wire Guided, Radioisotope
Radioactive-Seed Localization (RSL)
Radio Guided Occult-Lesion Localization (ROLL)
Magnetic Tracer
By Application
Breast Biopsy
By End User
Ambulatory Surgical Center
Diagnostic Center
Ambulatory Care Center
Specialty Clinic
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Breast Localization System Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Global Breast Localization System Market, by region, 2020-2028 (USD Million)
1.2.2. Global Breast Localization System Market, by Device Type, 2020-2028 (USD Million)
1.2.3. Global Breast Localization System Market, by Application, 2020-2028 (USD Million)
1.2.4. Global Breast Localization System Market, by End User, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Breast Localization System Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Breast Localization System Market Dynamics
3.1. Breast Localization System Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Rising prevalence of breast cancer. Increasing consumer spending on enhancing body aesthetics Recent regulatory approvals.
3.1.2. Market Challenges High cost of procedures, coupled with that of medical devices, Dearth of qualified professionals
3.1.3. Market Opportunities Increasing demand for the early detection of breast cancer Rising healthcare spending from emerging economies.
Chapter 4. Global Breast Localization System Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Breast Localization System Market, by Device Type
6.1. Market Snapshot
6.2. Global Breast Localization System Market by Device Type, Performance – Potential Analysis
6.3. Global Breast Localization System Market Estimates & Forecasts by Device Type 2018-2028 (USD Million)
6.4. Breast Localization System Market, Sub Segment Analysis
6.4.1. Wire Guided, Radioisotope
6.4.2. Radioactive-Seed Localization (RSL)
6.4.3. Radio Guided Occult-Lesion Localization (ROLL)
6.4.4. Magnetic Tracer

Chapter 7. Global Breast Localization System Market, by Application
7.1. Market Snapshot
7.2. Global Breast Localization System Market by Application, Performance – Potential Analysis
7.3. Global Breast Localization System Market Estimates & Forecasts by Application 2018-2028 (USD Million)
7.4. Breast Localization System Market, Sub Segment Analysis
7.4.1. Breast Biopsy
7.4.2. Lumpectomy
Chapter 8. Global Breast Localization System Market, by End User
8.1. Market Snapshot
8.2. Global Breast Localization System Market by End User, Performance – Potential Analysis
8.3. Global Breast Localization System Market Estimates & Forecasts by End User 2018-2028 (USD Million)
8.4. Breast Localization System Market, Sub Segment Analysis
8.4.1. Hospital
8.4.2. Ambulatory Surgical Center
8.4.3. Diagnostic Center
8.4.4. Ambulatory Care Center
8.4.5. Specialty Clinic
8.4.6. Others

Chapter 9. Global Breast Localization System Market, Regional Analysis
9.1. Breast Localization System Market, Regional Market Snapshot
9.2. North America Breast Localization System Market
9.2.1. U.S. Breast Localization System Market Device Type estimates & forecasts, 2018-2028 Application estimates & forecasts, 2018-2028 End User estimates & forecasts, 2018-2028
9.2.2. Canada Breast Localization System Market
9.3. Europe Breast Localization System Market Snapshot
9.3.1. U.K. Breast Localization System Market
9.3.2. Germany Breast Localization System Market
9.3.3. France Breast Localization System Market
9.3.4. Spain Breast Localization System Market
9.3.5. Italy Breast Localization System Market
9.3.6. Rest of Europe Breast Localization System Market
9.4. Asia-Pacific Breast Localization System Market Snapshot
9.4.1. China Breast Localization System Market
9.4.2. India Breast Localization System Market
9.4.3. Japan Breast Localization System Market
9.4.4. Australia Breast Localization System Market
9.4.5. South Korea Breast Localization System Market
9.4.6. Rest of Asia Pacific Breast Localization System Market
9.5. Latin America Breast Localization System Market Snapshot
9.5.1. Brazil Breast Localization System Market
9.5.2. Mexico Breast Localization System Market
9.6. Rest of The World Breast Localization System Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Ranfac Corporation Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. C.R. Bard Inc.
10.2.3. Invivo Corporation
10.2.4. SOMATEX Medical Technologies GmbH
10.2.5. SurgicEye GmbH
10.2.6. Cianna Medical Inc.
10.2.7. Cook Medical Inc.
10.2.8. GE Healthcare Inc.
10.2.9. Argon Medical Devices, Inc.
10.2.10. Intra-Medical Imaging LLC
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Data Collection:
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
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The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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