Canada Fusion Biopsy Market Size & Outlook, 2024-2030

The fusion biopsy market in Canada is expected to reach a projected revenue of US$ 63.9 million by 2030. A compound annual growth rate of 7.4% is expected of Canada fusion biopsy market from 2025 to 2030.
Revenue, 2024 (US$M)
$41.7
Forecast, 2030 (US$M)
$63.9
CAGR, 2025 - 2030
7.4%
Report Coverage
Canada

Canada fusion biopsy market highlights

  • The Canada fusion biopsy market generated a revenue of USD 41.7 million in 2024 and is expected to reach USD 63.9 million by 2030.
  • The Canada market is expected to grow at a CAGR of 7.3% from 2025 to 2030.
  • In terms of segment, transrectal was the largest revenue generating biopsy route in 2024.
  • Transperineal is the most lucrative biopsy route segment registering the fastest growth during the forecast period.

Fusion biopsy market data book summary

Market revenue in 2024USD 41.7 million
Market revenue in 2030USD 63.9 million
Growth rate7.3% (CAGR from 2024 to 2030)
Largest segmentTransrectal
Fastest growing segmentTransperineal
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTransrectal, Transperineal
Key market players worldwideKoninklijke Philips NV, Hitachi Ltd, Esaote, Eigen, MedCom, Koelis, Focal Healthcare, UC Care

Other key industry trends

  • In terms of revenue, Canada accounted for 5.7% of the global fusion biopsy market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. fusion biopsy market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 393.5 million by 2030.

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Fusion Biopsy Market Companies

Name Profile # Employees HQ Website

Canada fusion biopsy market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fusion biopsy market will help companies and investors design strategic landscapes.


Transrectal was the largest segment with a revenue share of 87.05% in 2024. Horizon Databook has segmented the Canada fusion biopsy market based on transrectal, transperineal covering the revenue growth of each sub-segment from 2018 to 2030.


Prostate cancer is very common in Canada, with 58 men diagnosed with the disease and 11 related deaths each day. The prevalence of prostate cancer is expected to increase further, owing to the rapidly growing geriatric population.

In addition, increasing awareness among the Canadian population regarding a higher survival rate linked to early diagnosis has contributed to the growth in demand for diagnostic services related to prostate cancer. This can create greater opportunities for new companies looking to enter the market.

For instance, in September 2018, Exact Vu, a leader in high-resolution ultrasound technologies, announced Health Canada’s clearance for Fusion Vu, which enables precise and real time visualization of MRI lesions on micro-ultrasound.

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Target buyers of Canada fusion biopsy market databook

  • Our clientele includes a mix of fusion biopsy market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada fusion biopsy market , including forecasts for subscribers. This country databook contains high-level insights into Canada fusion biopsy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada fusion biopsy market size, by biopsy route, 2018-2030 (US$M)

Canada Fusion Biopsy Market Outlook Share, 2024 & 2030 (US$M)

Canada fusion biopsy market size, by biopsy route, 2018-2030 (US$M)

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