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Global Fusion Biopsy Market by Biopsy Route (Transperineal, Transrectal), by End-use (Ambulatory Care Centers, Diagnostic Centers, Hospitals) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MD-72521
  • Author: Up Market Research
  • Rating: 4.9
  • Total Reviews: 90
  • No. Of Pages: 210
  • Format:
  • Pub. Date: 2021-10-21
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Summary of the Report

Global fusion biopsy market was valued at USD 489.1million in 2020. It is expected to grow at a compound annual rate (CAGR of 11.6%) between 2021 and 2028. The forecast period will see a rise in prostate cancer incidence, increased awareness of the importance of regular clinical interventions, as well as the development of reimbursement policies.

During the COVID-19 pandemic, the global number of fusion biopsy procedures dropped by approximately 50.0%. Prostate MRI was the most popular procedure during this period. As the global number of cases stabilised, so did the number of procedures. Active surveillance was used to manage low-risk patients, which reduced hospital visits due to COVID-19 risk. Market growth will be restored by 2021 if there are COVID-19 vaccines available and resuming procedures following strict guidelines.

Digital rectal examination and prostate-specific antibody are the primary tests for prostate cancer. A second ultrasound imaging scan is recommended if the preliminary test results are not normal. The ultrasound scans can miss small tumors that could cause future complications. Urologists avoid taking risks and make sure to diagnose the patient as quickly and accurately as possible. Because of its reliability and sensitivity, prostate biopsy has become a popular procedure.

Both the government and private sector are committed to improving health outcomes for prostate cancer patients. They have made significant investments in R&D to develop early and accurate diagnostic tools. The Australian government has invested more than USD 84 million since 2013 in prostate cancer treatment and diagnostics through Cancer Australia, Prostate Cancer Research Foundation Australia and National Health Medical Research Council Australia. In the same vein, the U.K. government announced in October 2018 that it had allocated a budget of US$ 19 million to purchase advanced diagnostic scanners and train radiologists to provide medical services for prostate carcinoma.

Biopsy Route Insights

Because it is the most widely used method for performing prostate biopsy in the world, the transrectal segment was the dominant market for fusion surgery. It accounted for the highest revenue share at 86.7% in 2020. The transrectal method was the most popular and had the largest market share. Patients who experienced fever, sepsis and hematuria after transrectal Fusion biopsy led to a slow growth of the market for fusion biopsies.

The fastest growing trend in transperineal fusion biopsy will be 15.2%. Segment growth is expected to be aided by a lower risk of infection and rectal bleeding than the traditional approach. The transperineal approach can also be used to assess ventral prostate areas, which are often missed by transrectal fusion. Market players like Biopsee and Koelis offer both transrectal as well as transperineal accessories to their fusion biopsy systems, giving urologists more flexibility in providing customized patient care.

End-use Insights

Due to their strong purchasing power, the hospitals segment dominated fusion biopsy market and held the largest revenue share at 61.0% in 2020. Private diagnostic centers cannot afford fusion biopsy systems because of their high prices. These systems are being adopted in ambulatory care centers in response to the increasing demand for care in rural areas. On-demand fusion biopsies can be performed because of the availability of qualified staff and resources at hospitals such as MRI scanners and radiologists, anesthesiologists and radiologists. Private sector players are increasing their involvement in hospitals, which makes patient comfort the primary outcome. Transperineal fusion biopsy systems are increasingly being used in hospitals to increase their acceptance and market share.

Over the forecast period, the diagnostics center segment will grow at a substantial rate in the market to fusion biopsy. This segment is expected to grow due to shorter wait times, improved cost efficiency, and a new reimbursement paradigm. Targeted MR/Ultrasound biopsy systems are still a new technology and the high price is a barrier to its adoption in diagnostic centers. Two diagnostic centers have partnered to purchase an MR/Ultrasound fusion biopsy system due to its high ROI and growing demand.

The fastest growth rate for ambulatory care centers is 12.6% over the forecast period. This segment is expected to grow due to the rising incidence of prostate cancer in rural areas with limited access to healthcare services. The introduction of ultra-portable and affordable MRIs is expected to increase the number of targeted MR/Ultrasound biopsies in ambulatory care centers. This will help to drive overall market growth.

Regional Insights

North America was the dominant market for fusion surgery in 2020, accounting for 46.2% of the total revenue. It is expected to maintain its dominance during the forecast period. Asia Pacific is expected to experience the fastest growth in fusion biopsy. Market growth will be driven by key players, an increase in prostate cancer incidence, and the development of healthcare infrastructure.

In 2020, Europe accounted for the second largest market share in fusion biopsy. Major market players in this area have huge opportunities because of the favorable regulatory processes and developed economies. The market is forecast to experience lucrative growth over the forecast period. The U.K. is one of the key markets. France, Spain, Germany, France and Italy are also important.

The Asia Pacific market for fusion biopsy will see a 12.0% CAGR over the forecast period. Asia Pacific is a region with a huge growth potential, especially in the developing economies. Rising awareness of prostate cancer and increasing population are the main factors driving this market's growth. Also, rising disposable income levels and high unmet medical needs in emerging countries like India, Japan, China, and China are key factors. Due to growing obesity and aging populations, various cancers are becoming more common in the region. Market growth is expected to be driven by the increasing demand for diagnostic services in the region.

Market Share Insights & Key Companies

Although the market for fusion biopsy has a fairly fragmented market, the largest players hold the majority of its share. New players are entering the market because of increasing demand for high-quality diagnostic tools for prostate cancer management. To strengthen their market presence, market players adopt a variety of strategies, including mergers and acquisitions, product launches and collaborations. Exact imaging was the first to sign a distribution agreement in May 2020 by EDAP TMS SA (a world leader in robotic energy-based therapies). Exact Imaging's high-intensity focused ultrasonic systems and micro-ultrasound devices were expected to be sold by EDAP. The market leader in fusion biopsy is:

  • MedCom

  • ESAOTE SPA

  • KOELIS

  • Focal Healthcare

  • GeoScan Medical

  • UC-Care Medical Systems Ltd.

Up Market Research published a new report titled “Fusion Biopsy Market research report which is segmented by Biopsy Route (Transperineal, Transrectal), by End-use (Ambulatory Care Centers, Diagnostic Centers, Hospitals), By Players/Companies Focal Healthcare, UC-Care Medical Systems Ltd, GeoScan Medical, KOELIS, MedCom, ESAOTE SPA”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitleFusion Biopsy Market Research Report
By Biopsy RouteTransperineal, Transrectal
By End-useAmbulatory Care Centers, Diagnostic Centers, Hospitals
By CompaniesFocal Healthcare, UC-Care Medical Systems Ltd, GeoScan Medical, KOELIS, MedCom, ESAOTE SPA
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages210
Number of Tables & Figures147
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Fusion Biopsy Industry Outlook

Global Fusion Biopsy Market Report Segments:

The market is segmented by Biopsy Route (Transperineal, Transrectal), by End-use (Ambulatory Care Centers, Diagnostic Centers, Hospitals).

Fusion Biopsy Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Fusion Biopsy Market

Overview of the regional outlook of the Fusion Biopsy Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Fusion Biopsy Market Overview

Highlights of The Fusion Biopsy Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Fusion Biopsy Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Biopsy Route:

                1. Transperineal

                2. Transrectal

        7. By End-use:

                1. Ambulatory Care Centers

                2. Diagnostic Centers

                3. Hospitals

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Fusion Biopsy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

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Fusion Biopsy Market Trends

Reasons to Purchase the Fusion Biopsy Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fusion Biopsy Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Fusion Biopsy Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Fusion Biopsy Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Fusion Biopsy Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Fusion Biopsy Market Size & Forecast, 2018-2028 
      4.5.1 Fusion Biopsy Market Size and Y-o-Y Growth 
      4.5.2 Fusion Biopsy Market Absolute $ Opportunity 


Chapter 5 Global Fusion Biopsy Market Analysis and Forecast by Biopsy Route
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Biopsy Route
      5.1.2 Basis Point Share (BPS) Analysis by Biopsy Route
      5.1.3 Absolute $ Opportunity Assessment by Biopsy Route
   5.2 Fusion Biopsy Market Size Forecast by Biopsy Route
      5.2.1 Transperineal
      5.2.2 Transrectal
   5.3 Market Attractiveness Analysis by Biopsy Route

Chapter 6 Global Fusion Biopsy Market Analysis and Forecast by End-use
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by End-use
      6.1.2 Basis Point Share (BPS) Analysis by End-use
      6.1.3 Absolute $ Opportunity Assessment by End-use
   6.2 Fusion Biopsy Market Size Forecast by End-use
      6.2.1 Ambulatory Care Centers
      6.2.2 Diagnostic Centers
      6.2.3 Hospitals
   6.3 Market Attractiveness Analysis by End-use

Chapter 7 Global Fusion Biopsy Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Fusion Biopsy Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Fusion Biopsy Analysis and Forecast
   9.1 Introduction
   9.2 North America Fusion Biopsy Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Fusion Biopsy Market Size Forecast by Biopsy Route
      9.6.1 Transperineal
      9.6.2 Transrectal
   9.7 Basis Point Share (BPS) Analysis by Biopsy Route 
   9.8 Absolute $ Opportunity Assessment by Biopsy Route 
   9.9 Market Attractiveness Analysis by Biopsy Route
   9.10 North America Fusion Biopsy Market Size Forecast by End-use
      9.10.1 Ambulatory Care Centers
      9.10.2 Diagnostic Centers
      9.10.3 Hospitals
   9.11 Basis Point Share (BPS) Analysis by End-use 
   9.12 Absolute $ Opportunity Assessment by End-use 
   9.13 Market Attractiveness Analysis by End-use

Chapter 10 Europe Fusion Biopsy Analysis and Forecast
   10.1 Introduction
   10.2 Europe Fusion Biopsy Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Fusion Biopsy Market Size Forecast by Biopsy Route
      10.6.1 Transperineal
      10.6.2 Transrectal
   10.7 Basis Point Share (BPS) Analysis by Biopsy Route 
   10.8 Absolute $ Opportunity Assessment by Biopsy Route 
   10.9 Market Attractiveness Analysis by Biopsy Route
   10.10 Europe Fusion Biopsy Market Size Forecast by End-use
      10.10.1 Ambulatory Care Centers
      10.10.2 Diagnostic Centers
      10.10.3 Hospitals
   10.11 Basis Point Share (BPS) Analysis by End-use 
   10.12 Absolute $ Opportunity Assessment by End-use 
   10.13 Market Attractiveness Analysis by End-use

Chapter 11 Asia Pacific Fusion Biopsy Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Fusion Biopsy Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Fusion Biopsy Market Size Forecast by Biopsy Route
      11.6.1 Transperineal
      11.6.2 Transrectal
   11.7 Basis Point Share (BPS) Analysis by Biopsy Route 
   11.8 Absolute $ Opportunity Assessment by Biopsy Route 
   11.9 Market Attractiveness Analysis by Biopsy Route
   11.10 Asia Pacific Fusion Biopsy Market Size Forecast by End-use
      11.10.1 Ambulatory Care Centers
      11.10.2 Diagnostic Centers
      11.10.3 Hospitals
   11.11 Basis Point Share (BPS) Analysis by End-use 
   11.12 Absolute $ Opportunity Assessment by End-use 
   11.13 Market Attractiveness Analysis by End-use

Chapter 12 Latin America Fusion Biopsy Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Fusion Biopsy Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Fusion Biopsy Market Size Forecast by Biopsy Route
      12.6.1 Transperineal
      12.6.2 Transrectal
   12.7 Basis Point Share (BPS) Analysis by Biopsy Route 
   12.8 Absolute $ Opportunity Assessment by Biopsy Route 
   12.9 Market Attractiveness Analysis by Biopsy Route
   12.10 Latin America Fusion Biopsy Market Size Forecast by End-use
      12.10.1 Ambulatory Care Centers
      12.10.2 Diagnostic Centers
      12.10.3 Hospitals
   12.11 Basis Point Share (BPS) Analysis by End-use 
   12.12 Absolute $ Opportunity Assessment by End-use 
   12.13 Market Attractiveness Analysis by End-use

Chapter 13 Middle East & Africa (MEA) Fusion Biopsy Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Fusion Biopsy Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Fusion Biopsy Market Size Forecast by Biopsy Route
      13.6.1 Transperineal
      13.6.2 Transrectal
   13.7 Basis Point Share (BPS) Analysis by Biopsy Route 
   13.8 Absolute $ Opportunity Assessment by Biopsy Route 
   13.9 Market Attractiveness Analysis by Biopsy Route
   13.10 Middle East & Africa (MEA) Fusion Biopsy Market Size Forecast by End-use
      13.10.1 Ambulatory Care Centers
      13.10.2 Diagnostic Centers
      13.10.3 Hospitals
   13.11 Basis Point Share (BPS) Analysis by End-use 
   13.12 Absolute $ Opportunity Assessment by End-use 
   13.13 Market Attractiveness Analysis by End-use

Chapter 14 Competition Landscape 
   14.1 Fusion Biopsy Market: Competitive Dashboard
   14.2 Global Fusion Biopsy Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Focal Healthcare
      14.3.2 UC-Care Medical Systems Ltd
      14.3.3 GeoScan Medical
      14.3.4 KOELIS
      14.3.5 MedCom
      14.3.6 ESAOTE SPA
Segments Covered in the Report
The global Fusion Biopsy market has been segmented based on

By Biopsy Route
  • Transperineal
  • Transrectal
By End-use
  • Ambulatory Care Centers
  • Diagnostic Centers
  • Hospitals
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Focal Healthcare
  • UC-Care Medical Systems Ltd
  • GeoScan Medical
  • KOELIS
  • MedCom
  • ESAOTE SPA

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