Hologic, Inc. (US), Becton, Dickinson and Company (US) are Leading players in the Breast Lesion Localization Market
Hologic, Inc. (US), Becton, Dickinson and Company (US), and Leica Biosystems Nussloch GmbH(US) are the leading players in the breast lesion localizationmarket.The breast lesion localization market is expected to reach USD 305 million by 2026 from USD 244 million in 2021, will grow at a CAGR of 4.6% during the forecast period. The growth of this market is mainly attributed to the growing incidence of breast cancer, the increasing rate of the geriatric population (as age contributes to the risk of breast cancer), the rising awareness on the early detection of breast cancer in the coming years and improved reimbursement scenario. However, several factors, such as errors in screening alongside misdiagnosis and uncertainty in regulatory approval procedures are expected to restrain the growth of the breast lesion localization market during the forecast period.
Hologic is a leading player in the global breast lesion localization methods market. The broad portfolio of breast lesion localization products is a major factor responsible for its large share in this market. The company focuses on both organic and inorganic growth strategies to enhance its footprint in the global market. Additionally, over the last few years, Hologic has strengthened its customer base and expanded its product portfolio through inorganic growth strategies, such as acquisitions and partnerships. With its strong product portfolio and wide geographic presence, Hologic is expected to witness significant growth in the breast lesion localization market during the forecast period.
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Becton, Dickinson and Company (BD) is the second leading player in the breast lesion localization market. Through its Medication Delivery Solutions segment, the company offers wire and radio-guided localization devices in the breast surgery market. The company has acquired a product line of localization wires and devices to enhance its presence in this market. The company now focuses upon R&D to introduce newer and technologically sound products in the breast lesion localization market. The company marks footprints in various countries across the globe.
Leica Biosystems Nussloch GmbH is a provider of microscopy, camera, and software solutions for the imaging and analysis of macro, micro, and nanostructures. The company provides breast lesion localization products under the Diagnostics segment. The company’s R&D, manufacturing, sales, distribution, service, and administrative facilities are present in more than 60 countries. The company is a part of a bigger organization of Danaher Corporation. The company also acquired Devicor Medical Products (US), a company that specializes in breast biopsy procedure products. The company operates in the breast lesion localization market through its Devicor Medical Products subsidiary.The company is represented in over 100 countries and has manufacturing facilities in 8 countries, sales & service organizations in 27 countries, and a network of dealers spanning the globe.
Related Reports:
Breast Lesion Localization Market by Type (Wire, Radioisotope (ROLL,RSL), Magnetic, Electromagnetic Localization), Usage (Breast Biopsy,Lumpectomy), End User Preference Survey (Selection Criteria, Replacement Trend) - Global Forecast to 2026
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