Breast Lesion Localization Methods Market

Cianna Medical (US) and Endomagnetics (UK) are the Prominent Players in the Breast Lesion Localization Methods Market

The global breast lesion localization methods market is expected to grow from USD 413 million in 2018 to USD 598 million by 2024, at a CAGR of 6.3% during the forecast period. The growth of this market is primarily driven by factors such as the rising incidence of breast cancer, an increasing number of breast cancer surgeries, and growing awareness on the early detection of breast cancer.

The prominent players in this market are BD (US), Endomagnetics (UK), SOMATEX Medical Technologies (Germany), Cook Medical (US), Cianna Medical (US), and Leica Biosystems (US). These players have adopted various growth strategies such as acquisition, product launches, agreements, partnerships, collaboration, and expansion to increase their presence and reach in the breast lesion localization methods market.

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Cianna Medical (US) is one of the leading players in the global breast lesion localization methods market. The company develops medical technologies for the treatment of breast cancer. Recently, the company launched the SAVI SCOUT Reflector, a wire-free radar localization solution for breast tumor localization. As of October 2018, SAVI SCOUT is being used in more than 400 hospitals across the US. As of November 13, 2018, Cianna Medical, Inc. operates as a subsidiary of Merit Medical Systems, Inc. These strategies have enabled the company to expand its quality control and reference material offerings.

Endomagnetics (UK) is a leading developer of diagnostic and therapeutic devices based on safe magnetic fields. The company develops and sells innovative products in the area of lymph node and lesion localization. The company operates in 30 countries across North America, Europe, Middle East, Africa, and the Asia Pacific. In addition to its own distributors, the company has entered into distribution agreements with leading medical device players such as Sysmex Europe GmbH and Devicor Medical Products to extend the reach of its products during the past three years. Through its unique product portfolio of breast lesion localization and inorganic growth strategies, the company has established itself as a strong business platform in this market.

BD (US) operates in the largest segment of the breast lesion localization methods market, namely, wire localization. In 2017, BD acquired Bard’s industry-leading product line of localization wires and devices to enter the breast lesion localization methods market. C.R. Bard manufactures technology-based solutions to treat medical conditions with minimally invasive and cost-effective procedures. With a broad product portfolio of wire localization and strong distribution network across North America, Europe, Greater Asia, and other regions in the world, the company continues to establish its footprint worldwide.

Related Reports:

Breast Lesion Localization Methods Market by Type (Wire, Radioisotope [Radio Occult], Magnetic), Usage (Tumor Identification, Sentinel Lymph Node [Lumpectomy]), End User Preference Survey (Selection Criteria, Replacement Trend) - Global Forecast to 2024

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Report Code
MD 4236
RI Published ON
5/10/2019
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