Canada Fusion Biopsy Market Size & Outlook, 2023-2030
Canada fusion biopsy market, 2018-2030 (US$M)
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Canada fusion biopsy market highlights
- The Canada fusion biopsy market generated a revenue of USD 42.6 million in 2023 and is expected to reach USD 65.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, transrectal was the largest revenue generating biopsy route in 2023.
- 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 2023 | USD 42.6 million |
| Market revenue in 2030 | USD 65.4 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Transrectal |
| Fastest growing segment | Transperineal |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Transrectal, Transperineal |
| Key market players worldwide | Koninklijke Philips NV, Hitachi Ltd, Esaote, Eigen, MedCom, Koelis, Focal Healthcare, UC Care |
Other key industry trends
- In terms of revenue, Canada accounted for 6.8% of the global fusion biopsy market in 2023.
- 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 357.2 million by 2030.
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Fusion Biopsy Market Scope
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 87.32% in 2023. 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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Our clientele includes a mix of fusion biopsy market companies, investment firms, advisory firms & academic institutions.
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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, 2023 & 2030 (US$M)
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