South Korea Core Needle Biopsy Devices Market was valued at USD 0.1 Billion in 2022 and is projected to reach USD 0.2 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The South Korea Core Needle Biopsy Devices Market has witnessed significant growth due to the increasing demand for minimally invasive diagnostic procedures. These devices are widely used in the healthcare sector for obtaining tissue samples for diagnosing diseases like cancer, infections, and other medical conditions. The advancements in technology and the rise in chronic diseases are major contributors to the growth of the market. The application of core needle biopsy devices in oncology, cardiology, and other medical fields is growing, making them essential tools in modern diagnostics.
In South Korea, the demand for high-quality core needle biopsy devices has surged due to the country’s advanced healthcare infrastructure and increasing awareness among patients and healthcare providers. The technology provides a more efficient, precise, and less invasive alternative to traditional biopsy methods. The rise in the number of cancer cases in South Korea, particularly breast, liver, and lung cancer, has increased the need for accurate diagnostic tools like core needle biopsy devices, which offer quicker recovery times and fewer complications compared to surgical procedures.
Industries such as pharmaceuticals, healthcare, and medical device manufacturers are increasingly adopting core needle biopsy devices due to their cost-effectiveness and diagnostic accuracy. These industries require devices that can cater to a wide range of needs, from large hospitals to specialized clinics. Moreover, the South Korean government’s strong emphasis on healthcare reforms and improving medical technologies further boosts the demand for these devices, driving innovation in the sector.
As the need for early disease detection and precision medicine grows, the South Korea Core Needle Biopsy Devices Market is expected to see continued expansion. The future of these devices lies in their integration with advanced technologies like artificial intelligence and automation, enhancing their diagnostic capabilities and improving patient outcomes. Moreover, the rising preference for outpatient procedures has made core needle biopsy devices more popular, as they are quick and efficient, requiring only local anesthesia in many cases.
The South Korea Core Needle Biopsy Devices Market is also being shaped by the increasing number of trained medical professionals and the country’s strategic focus on medical tourism. As South Korea becomes a hub for medical tourism, the demand for advanced diagnostic tools, including core needle biopsy devices, will continue to rise. This creates significant opportunities for market players to innovate and expand their product offerings, ensuring that they meet the growing healthcare needs of the population.
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Medtronic
Argon Medical Devices
Becton
Dickinson and Company
Boston Scientific
Cook Medical
C. R. Bard
Gallini Medical Devices
Hologic
Leica Biosystems
Stryker
TSK Laboratory
Zamar Care
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Core Needle Biopsy Devices Market
Vacuum-Assisted Core Needle Biopsy Devices
Spring-Loaded Core Needle Biopsy Devices
Other Types of Core Needle Biopsy Devices
Hospitals
Diagnostic Laboratories
Oncology Centers
Other Healthcare Facilities
Image-Guided Core Needle Biopsy
Non-Image-Guided Core Needle Biopsy
Stainless Steel
Plastic
Other Materials
Breast Biopsy
Liver Biopsy
Lung Biopsy
Prostate Biopsy
Other Organ Biopsies
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Core Needle Biopsy Devices Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Core Needle Biopsy Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Core Needle Biopsy Devices Market, By Type
6. South Korea Core Needle Biopsy Devices Market, By Application
7. South Korea Core Needle Biopsy Devices Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Core Needle Biopsy Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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