Dublin, Jan. 31, 2024 (GLOBE NEWSWIRE) -- The "Lumpectomy Market in US 2024-2028" report has been added to ResearchAndMarkets.com's offering.
Accelerated Growth in US Lumpectomy Market Fueled by Technological Innovations and Venture Capital Investments
The latest industry analysis report on the US Lumpectomy market anticipates a significant growth of USD 1.22 billion from 2023 to 2028. The market is expected to expand at an impressive compound annual growth rate (CAGR) of 5.51% during the forecast period. This growth is attributed to a surge in new breast cancer case incidences and a strong emphasis on government initiatives to elevate public understanding and awareness about breast cancer.
Key Market Segmentation
- By Product: The market is divided into lumpectomy systems, lumpectomy surgical tools, and consumables.
- By End-user: Ambulatory Surgical Centers (ASCs), hospitals, as well as research institutes and academic centers are the major end-users.
- By Type: It is segmented by types of conditions including Ductal Carcinoma In Situ (DCIS), breast cancer stage 1, and stage 2.
The report reveals that increasing initiatives to raise public funding for breast cancer research and the growing incidence of breast cancer are significant factors propelling the market forward. Installed with a detailed analysis, the report scrutinizes various drivers, current market trends, and future projections.
Emerging Trends and Major Influences
Among the notable trends in the US lumpectomy market, the advent of venture capital investments prominently bolsters the market’s progression. Moreover, an emphasis on technologies aimed at enhancing efficiency and the rise of integrated breast cancer treatment centers are expected to fulfill substantial market demand. A comprehensive vendor landscape presents an in-depth panorama of the market, including several key players who are poised to make an impactful contribution. The report showcases thorough data encapsulating market size, forecast, and industry analysis to guide stakeholders in making well-informed decisions.
Market Dynamics
The study offers an insightful blend of primary and secondary data, collating inputs from pivotal industry participants. Extensive and reliable, the research encompasses a bird's eye view of market competition, promotions, and pricing strategies.
Forecasting Market Growth
This richly detailed market report forecasts the potentials and upcoming challenges expected to shape the market's growth trajectory. It equips companies with the strategies needed to harness burgeoning opportunities and drive market dominance. In summary, the lumpectomy market in the US is surging ahead, powered by technology, awareness, and continuous innovation. The comprehensive report is now accessible and serves as a crucial tool for stakeholders seeking to grasp the market's evolving landscape and capitalize on the opportunities it presents.
A selection of companies mentioned in this report includes
- Becton Dickinson and Co.
- Carl Zeiss AG
- ClearCut Medical
- Dilon Technologies Inc.
- Endomagnetics Ltd.
- Hologic Inc.
- IceCure Medical Ltd.
- Merit Medical Systems Inc.
- Novian Health Inc.
- Vector Surgical LLC Inc.
For more information about this report visit https://www.researchandmarkets.com/r/3gnh28
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