Breast Lesion Localization Methods Market Research, 2033
The global breast lesion localization methods market size was valued at $1.2 billion in 2023, and is projected to reach $3.6 billion by 2033, growing at a CAGR of 11.7% from 2024 to 2033. The major factors driving the growth of the breast lesion localization methods market are rising prevalence of breast cancer, increased awareness of early detection, and advancements in medical imaging technologies. Growing adoption of minimally invasive procedures and the demand for accurate, targeted treatments also significantly contribute in the growth of the market
Market Introduction and Definition
Breast lesion localization methods are crucial in the diagnosis and treatment of breast cancer. These techniques are primarily used to accurately identify and mark the location of abnormal tissue or lesions within the breast, which may not be easily palpable or visible through conventional imaging. By doing so, they enable precise surgical excision, ensuring that the entire lesion is removed while preserving as much healthy tissue as possible. Common methods include wire localization, where a thin wire is inserted into the breast to guide the surgeon to the lesion; radioactive seed localization, which involves placing a small radioactive seed in or near the lesion; and magnetic seed localization, where a magnetic marker is used. These techniques are particularly beneficial in cases of non-palpable lesions detected through mammography, ultrasound, or MRI, providing a targeted approach that enhances the accuracy of surgical biopsies and lumpectomies.
Key Takeaways
- The breast lesion localization methods market share study covers 20 countries. The research includes a segment analysis of each country in terms of value for the projected period.
- More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major breast lesion localization methods industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
- The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives.
Key Market Dynamics
According to breast lesion localization methods market forecast analysis the key factors driving the growth of the market are increase in prevalence of breast cancer, rise in awareness about the importance of early diagnosis of breast cancer and technological advancement in cancer screening technology. Breast cancer remains one of the most common cancers globally, affecting millions of women each year. According to 2024 article by National Breast Cancer Foundation, Inc., approximately 13% of the female population in the U.S., will develop breast cancer in their lifetime. As breast cancer incidence rates continue to climb globally, the demand for precise and effective diagnostic and therapeutic procedures has surged. Breast lesion localization methods are crucial in identifying and marking suspicious areas within the breast, enabling surgeons to accurately target and remove cancerous tissues while preserving healthy tissue. Early and accurate detection of breast lesions significantly improves patient outcomes, driving the adoption of advanced localization techniques. The increasing awareness about breast cancer screening and the emphasis on early diagnosis have further fueled the demand for these methods. Additionally, advancements in imaging technologies and the development of minimally invasive procedures have enhanced the precision and safety of breast lesion localization, making them more appealing to both healthcare providers and patients. Thus, the rise in prevalence of cancer and surge in awareness about early diagnosis is expected to contribute significantly in the breast lesion localization methods market growth.
In addition, according to breast lesion localization methods market trends analysis advancements in screening technologies are expected to significantly contribute in the market growth. Innovative techniques such as wireless localization systems, magnetic seed localization, and advanced imaging technologies have improved the precision and efficacy of lesion localization. These advancements minimize the invasiveness of procedures, enhance patient comfort, and reduce preoperative complications. Wireless localization methods, for instance, eliminate the need for traditional wire-guided localization, offering greater convenience and reducing procedure times. Magnetic seed localization provides precise targeting with minimal discomfort and fewer restrictions on patient movement. Enhanced imaging technologies, including 3D mammography and MRI-guided localization, allow for better visualization and accurate targeting of lesions, facilitating early detection and treatment. These technological innovations not only improve clinical outcomes but also drive market growth by increasing the adoption of advanced localization methods among healthcare providers and patients. Thus, the technological advancement is expected to drive the growth of breast lesion localization methods market size.
Countries with Highest Breast Cancer Rate
In 2022, China had the highest number of breast cancer cases, with 357, 161 reported. Following China, the U.S. had 274, 375 cases, making it the second highest. India ranked third with 192, 020 cases. Brazil reported 94, 728 cases, placing it fourth on the list. Japan was close behind with 91, 916 cases. The Russian Federation had 78, 839 cases, while Germany reported 74, 016 cases. Indonesia had 66, 271 cases, France (metropolitan) had 65, 659 cases, and the UK had 58, 756 cases, rounding out the top ten countries with the highest breast cancer rates in 2022.
According to breast lesion localization methods market analysis the high incidence of breast cancer in these countries is likely to significantly impact the breast lesion localization methods market. As the number of breast cancer cases rises, there is a growing need for effective diagnostic and therapeutic procedures, which includes accurate localization of breast lesions. Early and precise localization is crucial for successful surgical intervention, minimizing the extent of surgery, and ensuring the complete removal of cancerous tissues while preserving as much healthy tissue as possible.
Market Segmentation
The breast lesion localization methods industry is segmented into localization method, technology, lesion type, end user and region. By localization method, the market is divided into wire localization, radioisotope localization, magnetic tracers’ localization, and other. By technology, the market is divided into mammography-guided localization and ultrasound-guided localization. By lesion type, the market is divided into non-palpable lesions and palpable lesions. By end user, the market is divided into specialty clinics, hospitals, diagnostic centers, and other. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Regional/Country Market Outlook
North America dominated the breast lesion localization methods market share owing to substantial research and development activities in breast lesion localization methods, a strong presence of major key players, and well-established healthcare industry and growing awareness about the early diagnosis of breast cancer. Hoever, according to breast lesion localization methods market opportunity analysis, Asia-Pacific region is expected to register significant growth in the forecast period owing to developing healthcare infrastructure, high prevalence of breast cancer in countries such as China and India, favorable government initiatives facilitating screening programs, and treatment for chronic diseases such as breast cancer.
- In an article published in 2024 by World Cancer Research Fund Organization, India recorded highest number of deaths due to breast cancer in 2022. About 98, 337 death occurred due to breast cancer.
- According to 2022 article by National Library of Medicine, close to half (45.4%) of the 2.3 million breast cancers (BC) diagnosed in 2020 were from Asia.
- According to 2021 U.S. Cancer Statistics, in the U.S. around 272, 454 new breast cancers were reported in females in 2021.
- According to European Union, Denmark was the country in Europe with highest Breast Lesion Localization Methods rates for women aged 50 to 69 years
Industry Trends
- According to a 2021 article by National Cancer Institute, in U.S. 75.9% of women aged 50-74 years had a mammogram within the past 2 years (2019-2021)
- According to the 2024 article by National Breast Cancer Foundation, Inc., 1 in 8 women in the U.S. will be diagnosed with breast cancer in her lifetime.
- According to European Union, in 2021, the top three countries with the highest breast lesion localization methods rates for women aged 50 to 69 years are Denmark (83.0%) , Finland (82.2%) , and Sweden (80.0%) .
- According to 2024 article by American Cancer Society, breast cancer is the most common cancer in India, accounting for 28.2% of all female cancers
Competitive Landscape
The major players operating in the breast lesion localization methods market include Becton Dickinson and Company, Hologic Inc., Cook Group, Merit Medical, Sterylabs, C.R. Bard, Inc., Leica Biosystems, Argon Medical Devices, Endomagnetics, and Cianna Medical. Other players in the breast lesion localization methods market include Radiology Instruments S.R.L., B. Braun Melsungen AG, Sofira Medical Technologies, Inc., Aptus Endosystems, Inc., iCAD, Inc and Molli Surgical.
Recent Development in the Breast Lesion Localization Methods Industry
- In August 2022, MOLLI Surgical and Sunnybrook Health Sciences Centre announced the launch of Molli, a wire-free and radiation-free technology for localizing lesions for breast surgery.
- In April 2022, Merit Medical Systems, Inc. announced that U.S. Food and Drug Administration, approved its SCOUT Bx Delivery System, which according to the company is the first wire-free breast localization solution that can be deployed at the time of stereotactic or MRI-guided biopsy.
Key Sources Referred
- National Library of Medicine
- Center of Disease Control and Prevention
- U.S. Cancer Statistics
- European Union
- World Cancer Research Fund Organization
- National Breast Cancer Foundation, Inc
- American Cancer Society
Key Benefits for Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the breast lesion localization methods market analysis from 2024 to 2033 to identify the prevailing breast lesion localization methods market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the breast lesion localization methods market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global breast lesion localization methods market trends, key players, market segments, application areas, and market growth strategies.
Breast Lesion Localization Methods Market , by Localization Methods Report Highlights
Aspects | Details |
Market Size By 2033 | USD 3.6 Billion |
Growth Rate | CAGR of 11.7% |
Forecast period | 2024 - 2033 |
Report Pages | 280 |
By Localization Methods |
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By Technology |
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By Lesion Type |
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By End User |
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By Region |
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Key Market Players | C.R. Bard, Inc, Argon Medical Devices, Inc., Merit Medical Systems Inc., Endomagnetics LLC, Hologic Inc., Becton Dickinson and Company, Cook Group, Cianna Medical Inc., leica biosystems, Sterylabs SRL |
The global breast lesion localization methods market was valued at $1.2 billion in 2023
The market value of Breast Lesion Localization Methods Market is projected to reach $3.6 billion by 2033.
The forecast period for Breast Lesion Localization Methods Market is 2024-2033.
The base year is 2023 in Breast Lesion Localization Methods Market
Major key players that operate in the Breast Lesion Localization Methods Market are Becton Dickinson and Company, Hologic Inc., Cook Group, Merit Medical, Sterylabs, and C.R. Bard, Inc.
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