Skin Biopsy Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

A skin biopsy is a diagnostic process that involves making an incision in the skin to obtain a small sample of skin for analysis and diagnosis of any clinical conditions or diseases. It is done to see whether there are any malignant cells or skin diseases present. The sample could help doctors diagnose skin infections, actinic keratosis, dermatitis, skin cancer, psoriasis, and other skin conditions. The amount of skin or tissue removed is determined by the size and location of the abnormal area on the skin. The sample is taken from the affected or diseased area of the skin and placed in formaldehyde solution; the tissue is then treated and evaluated under a microscope.

MARKET SCOPE

The "Global Skin Biopsy Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the skin biopsy market with detailed market segmentation by type, indication and end user. The report provides key statistics on the market status of the leading skin biopsy market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on type the market is segmented as, shave biopsy, punch biopsy, excisional biopsy, and incisional biopsy.
  
•   Based on indication the market is segmented as, skin cancer, actinic keratosis, dermatitis, psoriasis, skin infection, and others.
  
•   Based on end user the market is segmented as, hospitals and clinics, research and academic institutes, and diagnostic centers.
  

MARKET DYNAMICS

Drivers:

•   Increasing prevalence of cancer and other skin conditions such as psoriasis, dermatitis is expected to drive the market growth.
  
•   Increasing demand for minimally invasive procedures and advancements in skin biopsy procedures is expected to support market growth.
  
•   Rising R&D development activities to develop and launch novel product range is also expected to spur the market growth during the forecast period.
  

Restraints:

•   Whereas, high cost of treatment for various skin conditins and complications associated with it are likely to hamper market growth.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The skin biopsy market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the skin biopsy market in these regions.

IMPACT OF COVID-19 ON SKIN BIOPSY MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the skin biopsy market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from skin biopsy market are anticipated to lucrative growth opportunities in the future with the rising demand for skin biopsy in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the skin biopsy market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Cook
  
•   Boston Scientific Corporation
  
•   Cardinal Health
  
•   Hologic, Inc.
  
•   pfm medical ag
  
•   DTR Medical Ltd
  
•   Danaher
  
•   Cadence Inc.
  
•   Robinson Healthcare
  
•   Sklar Surgical Instruments
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Skin Biopsy Report Scope