Germany Fusion Biopsy Market Size & Outlook, 2023-2030
Germany fusion biopsy market, 2018-2030 (US$M)
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Germany fusion biopsy market highlights
- The Germany fusion biopsy market generated a revenue of USD 49.4 million in 2023 and is expected to reach USD 94.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 9.7% 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 49.4 million |
| Market revenue in 2030 | USD 94.6 million |
| Growth rate | 9.7% (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, Germany accounted for 7.9% 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 Europe, Germany fusion biopsy market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 59.3 million by 2030.
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Fusion Biopsy Market Scope
Fusion Biopsy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 86.23% in 2023. Horizon Databook has segmented the Germany fusion biopsy market based on transrectal, transperineal covering the revenue growth of each sub-segment from 2018 to 2030.
There is a growing demand for targeted MRI/fusion biopsy in negative biopsy and active surveillance in Germany. A nationwide survey was conducted in 2019 to collect information about the routine use, attitude, and knowledge of targeted biopsy techniques among urologists.
The survey revealed that targeted biopsy was recommended by over 80% of urologists, owing to its significant advantages over traditional techniques. In addition, MRI/ultrasound fusion biopsy is favored by most urologists over cognitive fusion or in-bore MRI-guided biopsies.
The growing clinical acceptance and usage of fusion biopsies, coupled with the growing incidence of prostate cancer, is expected to propel the market in Germany.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany fusion biopsy market , including forecasts for subscribers. This country databook contains high-level insights into Germany fusion biopsy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany fusion biopsy market size, by biopsy route, 2018-2030 (US$M)
Germany Fusion Biopsy Market Outlook Share, 2023 & 2030 (US$M)
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