India Fusion Biopsy Market Size & Outlook, 2023-2030
India fusion biopsy market, 2018-2030 (US$M)
Related Markets
India fusion biopsy market highlights
- The India fusion biopsy market generated a revenue of USD 23.7 million in 2023 and is expected to reach USD 47.2 million by 2030.
- The India market is expected to grow at a CAGR of 10.3% 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 23.7 million |
| Market revenue in 2030 | USD 47.2 million |
| Growth rate | 10.3% (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, India accounted for 3.8% 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 Asia Pacific, Japan fusion biopsy market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 67.0 million by 2030.
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Fusion Biopsy Market Scope
Fusion Biopsy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 88.61% in 2023. Horizon Databook has segmented the India fusion biopsy market based on transrectal, transperineal covering the revenue growth of each sub-segment from 2018 to 2030.
The incidence of cancer in India is increasing with its growing population. In 2018, the number of people living with cancer in India was around 2.25 million, and the number of new cancer cases registered was 1,157,294. The country, apart from new cancer cases, is experiencing an increase in mortality due to cancer.
For instance, in 2018, 784,821 cancer-related deaths were recorded in India. Increasing aging population, coupled with the growing incidence of prostate cancer, is expected to drive the market. According to UN projections, the share of older people in India is expected to reach nearly 20% by 2050. The abovementioned factors are expected to boost the market over the forecast period.
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Our clientele includes a mix of fusion biopsy market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 India fusion biopsy market , including forecasts for subscribers. This country databook contains high-level insights into India fusion biopsy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India fusion biopsy market size, by biopsy route, 2018-2030 (US$M)
India Fusion Biopsy Market Outlook Share, 2023 & 2030 (US$M)
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