Breast Lesion Localization Market is Expected to Reach $0.4 Billion | MarketsandMarkets.


Chicago, Aug. 16, 2023 (GLOBE NEWSWIRE) — In the near future, the breast lesion localization industry is poised to undergo a transformative evolution driven by cutting-edge advancements in medical imaging, artificial intelligence, and minimally invasive procedures. With the integration of high-resolution imaging technologies such as tomosynthesis and contrast-enhanced MRI, the accuracy of detecting and characterizing breast lesions will significantly improve, enabling more precise diagnoses. AI algorithms will play a pivotal role in automating lesion detection, classification, and risk assessment, reducing both subjectivity and time-consuming tasks for radiologists. Moreover, the industry will witness the emergence of innovative localization techniques, including advanced robotic and electromagnetic technologies, offering enhanced precision during biopsy procedures and tumor removal. As a result, patients can anticipate earlier and more accurate diagnoses, personalized treatment plans, and improved overall outcomes in the management of breast lesions.

Breast Lesion Localization market in terms of revenue was estimated to be worth $0.3 Billion in 2023 and is poised to reach $0.4 Billion by 2028, growing at a CAGR of 6.9% from 2023 to 2028 according to a latest report published by MarketsandMarkets™. Various factors responsible for the market growth are the increasing number of breast cancer screening programs, rising incidence of breast cancer, and technological advancements in localization procedures. In addition, the increasing number of breast cancer surgeries and rising awareness on the early detection of breast cancer is supporting the growth of this market.

Download an Illustrative overview:


Breast Lesion Localization Market Scope:

Report Coverage Details
Market Revenue in 2023 $0.3 Billion
Estimated Value by 2028 $0.4 Billion
Growth Rate Poised to grow at a CAGR of 6.9%
Market Size Available for 2021–2028
Forecast Period 2023–2028
Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered By type, usage, end user
Geographies Covered North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa
Report Highlights Updated financial information / product portfolio of players
Key Market Opportunities Increasing adoption of technologically advanced localization procedures
Key Market Drivers Growing rate of the aging population

Breast Lesion Localization market major players covered in the report, such as:

  • Hologic Inc. (US)
  • Becton, Dickinson and Company (US)
  • Merit Medical Systems (US)
  • Leica Biosystems Nussloch GmbH (US)
  • Argon Medical Devices (US)
  • Laurane Medical LLC (France)
  • Endomagnetics Ltd. (UK)
  • Intramedical Imaging LLC (US)
  • Isoaid (US)
  • Surgiceye GmbH (Germany)
  • Ranfac Corp. (US)
  • Mermaid Medical Group (Denmark)
  • Izi Medical (US)
  • Matek Medikal (Turkey)
  • Tsunami Medical Srl (Italy)
  • BPB Medica (Italy)
  • Sirius Medical Systems B.V. (Netherlands)
  • Molli Surgical Inc. (Canada)
  • Sterylab S.R.L. (Italy)
  • CP Medical (US)
  • MDL SRL (Italy)
  • Biomedical Srl (Italy)
  • Elucent Medical (US)
  • Vigeo srl (Italy)
  • Medax Medical Devices (Italy)
  • and Among Others

Buy Breast Lesion Localization Industry Report (281 Pages PDF with Insightful Charts, Tables, and Figures):

The study categorizes the breast lesion localization market based on type, application, end user and regional & global level.

Global Breast lesion localization Market, by Type

  • Wire Localization
  • Radioisotope Localization
  • Radioguided Occult Lesion Localization (ROLL)
  • Radioactive Seed Localization (RSL)
  • Magnetic Localization
  • Electromagnetic Localization
  • Other Localization Types

Global Breast lesion localization Market, by Usage

  • Breast Biopsy
  • Breast Conservation (Lumpectomy)

Global Breast lesion localization Market, by End User

  • Hospitals & Clinics
  • Diagnostic Imaging Centers
  • Ambulatory Surgical Centers
  • Others

Global Breast lesion localization Market, by region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
  • Middle East & Africa

Request for FREE Sample Pages:

The key stakeholders in the Breast Lesion Localization market include:

  • Breast lesion localization product manufacturers
  • Breast biopsy devices manufacturers
  • Hospitals, outpatient settings, and oncology centers
  • Health insurance payers
  • Regulatory authorities
  • Radiologists
  • Cancer surgeons/oncologists
  • Research institutes and government organizations
  • Venture capitalists and investors
  • Market research and consulting firms

Recent Developments:

  • In December 2022, Merit Medical Systems launched Scout Bx. Scout Bx is a wireless, radar-guided localization system used to assist breast surgeons in identifying biopsied tumors for removal.
  • In August 2022, Leica Biosystems Nussloch GmbH launched DualCore Dual Stage Core Biopsy System. The Mammotome DualCore biopsy system is the first dual stage core biopsy instrument for needle biopsies.

Frequently Asked Questions (FAQs) of Breast Lesion Localization Market:

What are emerging trends in the breast lesion localization market?
Electromagnetic waves for the localization of breast lesions and radiofrequency identification in breast lesion localization are emerging trends in the breast lesion localization market.

What are the drivers and opportunities for the breast lesion localization market?
Increasing incidence of breast cancer, growing rate of the aging population, increasing awareness on the early detection of breast cancer are the major drivers and emerging economies offer high growth potential and increasing adoption of technologically advanced localization procedures are the major opportunities in the breast lesion localization market.

What are technological advancements in the breast lesion localization market?
Wire guided localization (WL), Carbon making, Radio-guided occult lesion localization (ROLL), Radioactive seed localization (RSL), Magnetic seed localization (MSL) and Radio frequency reflector (RFR) are technological advancements in the breast lesion localization market.

Which is the leading type segment with the largest share in the breast lesion localization market?
Wire localization segment holds the largest share in the breast lesion localization market. The appropriate localization of abnormal tissues, minimum removal of normal tissues, minimum scarring, and the availability of reimbursement are the major factors that are driving the demand for the wire localization segment. 

Which segment is estimated to grow at the highest CAGR in breast lesion localization market by end user?
Ambulatory surgical centers segment is estimated to grow at the highest CAGR in breast lesion localization market by end user.  Growth in this segment can be attributed to the high requirement for more operating rooms, and challenges in managing inventory and buying new equipment due to limited hospital budgets and stringent policies.

Get 10% Free Customization on this Report:

Report Objectives:

  • To define, describe, and forecast the breast lesion localization market based on type, usage, end user and region
  • To provide detailed information on the major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micro-markets with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze the opportunities in the market for stakeholders and provide details about the competitive landscape for market leaders
  • To forecast the size of market segments for key regions, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa
  • To profile key players and comprehensively analyze their product portfolios, market positions, and core competencies
  • To track and analyze competitive developments (such as acquisitions, product launches, and agreements) in the breast lesion localization market
  • To evaluate the different parameters considered for the selection of breast lesion localization
  • To study end user preferences for different breast lesion localization methods as well as study the replacement trends and buying behavior of end users
  • To strategically analyze the economic recession impact on the market under study

Related Reports:

Biopsy Devices Market

Breast Biopsy Market

Breast Imaging Market

Breast Reconstruction Market

Medical Aesthetics Market

Research Insight:

Content Source:

CONTACT: About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: [email protected]

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. takes no editorial responsibility for the same.