Global Lumpectomy Market to amass $ 1866 Mn by 2024

September 25, 2019

According to the new research report available at under the title ‘Global Lumpectomy Market Growth 2019-2024’, the worldwide lumpectomy market is predicted to exceed US $1866 million by the year 2024.

Women diagnosed with breast cancer are advised to immediately choose from the treatment options given to them. Most common options are lumpectomy and mastectomy. In lumpectomy only the cancerous tissue is removed whereas in mastectomy the entire breast is removed.

Lumpectomy is a type of preservation and breast-conserving surgery focused at removing the breast tumor and some of the surrounding tissues. It is also known as partial mastectomy, as a part of breast tissue is removed in this process, whereas in mastectomy the full breast is removed to evade chances of cancer in the future. Growing awareness regarding breast cancer, surging incidences of this disease, and medical advancements are fueling lumpectomy market growth.

As per the report, the worldwide lumpectomy market was worth US $1315.7 million in 2019 and is projected to record a growth rate of 7.2% CAGR by the year 2024. The research also provides extensive knowledge related to the marketing strategy, consumer spectrum, drivers, trends, distributor channels and challenges impacting the market growth.

Lumpectomy market is analyzed on the basis of product type, application segment and regional landscape. Speaking of the product type, the market is fragmented as lumpectomy surgical tools and lumpectomy systems. While considering the application spectrum, the market is segmented as ambulatory surgical centers and hospitals.

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Based on the regional landscape, lumpectomy market is bifurcated into four major regions. Germany, France, Spain, UK, Russia, and Italy fall under Europe; Asia Pacific consists of Japan, India, China, Southeast Asia, Australia, and Korea; Americas comprises of the U.S., Mexico, Canada, and Brazil; Israel, Turkey, South Africa, Egypt, and GCC countries come under Middle East & Africa.

The key vendors operating in lumpectomy market include Endomagnetics, Hologic, STERYLAB, Danaher, Ranfac, Cook Medical, BD, SOMATEX Medical, Carl Zeiss Meditech, IsoAid, Merit Medical, Sanarus, Argon Medical Devices, Theragenics, and Eckert & Ziegler.

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