UK Fusion Biopsy Market Size & Outlook, 2023-2030
UK fusion biopsy market, 2018-2030 (US$M)
Related Markets
UK fusion biopsy market highlights
- The UK fusion biopsy market generated a revenue of USD 38.6 million in 2023 and is expected to reach USD 74.5 million by 2030.
- The UK market is expected to grow at a CAGR of 9.8% 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 38.6 million |
| Market revenue in 2030 | USD 74.5 million |
| Growth rate | 9.8% (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, UK accounted for 6.2% 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 |
|---|
UK 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 84.72% in 2023. Horizon Databook has segmented the UK fusion biopsy market based on transrectal, transperineal covering the revenue growth of each sub-segment from 2018 to 2030.
Prostate cancer is most common among men in the UK, with almost 40,000 new cases being diagnosed each year. The NHS is one of the largest medical service providers for prostate cancer diagnosis in the country.
In March 2018, the NHS announced its plans to adopt a new approach, called rapid pathway, to reduce the diagnosis time for prostate cancer from weeks to a one-day procedure. In line with this initiative, the organization started installing MRI units and fusion biopsy machines in a few hospitals within the UK.
They have planned to further extend this approach to more hospitals across the country, owing to positive outcomes. Such initiatives are expected to boost the demand for fusion imaging systems in the UK, driving the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK fusion biopsy market , including forecasts for subscribers. This country databook contains high-level insights into UK fusion biopsy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK fusion biopsy market size, by biopsy route, 2018-2030 (US$M)
UK Fusion Biopsy Market Outlook Share, 2023 & 2030 (US$M)
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