Biopsy Punches Market Latest Innovations and Forecast 2019-2027

Biopsy Punches Market: Introduction

Biopsy punch is the technique to remove the round core from the center of a specified area of skin. Skin punch biopsy is necessary to diagnose Kaposi’s sarcoma and other skin lesions of unknown etiology.Biopsy punches perform skin biopsies at various locations, besides the skin on the face or hands, with great precision and minimal tissue trauma. Biopsy technique is used to diagnose accurate results, which include bullous diseases, vasculitis, panniculitis, systemic diseases, such as lupu erythematosus (LE), dermatomyositis(DM), drug reactions, Stevense-Johnson syndrome(SJS), toxic epidermal necrolysis (TEN), staphylococcal scalded skin syndrome (SSSS), hair disorders, and neoplastic disorders. Improper samples and techniques cause limitations in the interpretation of patterns and pigmented lesions of nonmelanoma skin cancer.

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Key Drivers of Global Biopsy Punches Market

Technological advancements in medical devices

· Medical technologies such as minimally-invasive surgeries, better monitoring systems, and more comfortable scanning equipment cause patients to spend less time in recovery

· Adoption of technology in medical equipment and telehealth has also lead to automation in surgeries, where in some cases, physicians do not even need to be present in the operating room with a patient when the surgery is performed

· Consistent evolution of technology that is being applied in healthcare has led to the enactment of rules and regulations concerning its use, which enable the adoption of new methods of administering care

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Rapidly rising incidences of cancer and skin disorders

· The incidence rate of melanoma is increasing worldwide, while the associated mortality remains stable, or is declining marginally

· Skin cancer represents a highly common group of malignant neoplasms in the Caucasian population.

Demand for less invasive surgeries

Minimal invasive surgeries

· The popularity of the minimal invasive surgeries is not limited to being the alternative of invasive therapies, as it also involves short procedure time, less pain, shorter length of hospital stay, rapid recovery, and less blood loss during treatment

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Product Recall Biopsy Punches

· Product recalls by the Food and Drug Administration are likely to hamper the global biopsy punches market. For instance, On March 18, 2013, HealthLink BIOPSY PUNCHES offered by Clorox Healthcare Holdings, LLC were recalled. The reason for the recall was a lack of sterilization.

· On November 17, 2014, PKG, 3MM INSERT, BIOPSY PUNCH, 29CM, P/N 0250282060 offered by Stryker Endoscopy was recalled. The reason for recall was that the parameters provided in the Laparoscopic Manual Instruments Instructions for Use (IFU 1000-401-070 Revision G or prior) do not support the unwrapped gravity cycle and the ethylene oxide cycle sterilization methods.

North America to Hold Major Share of Global Biopsy Punches Market

· North America is expected to hold a major share of the global biopsy punches market. The biopsy punches market in North America is estimated to expand at a rapid pace primarily due to technological advancements in medical devices, rapid rise in incidences of cancer and skin disorders, and demand for less invasive surgeries in the region.

· The biopsy punches market in Asia Pacific is projected to expand at a rapid pace during the forecast period due to preference for minimally invasive procedures in the region

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Key Players Operating in Global Market

The global biopsy punches market is highly concentrated due to the presence of key players. A large number of manufacturers hold a major share in their respective region. The demand for biopsy punches has increased in emerging as well as developed markets. Industry players are adopting practices of appointing third-party distributors to expand their market presence. This has led to a surge in the number of distributors and suppliers in emerging markets. Leading players operating in the global biopsy punches market include:

· BD

· Acuderm Inc.

· Kai Industries Co., Ltd.

· MEDGYN PRODUCTS, INC.

· Integra LifeSciences Corporation

· Sklar Surgical Instruments

· CooperSurgical, Inc.

· Cadence Inc.

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