Sentinel Node Biopsy Market, By Product Type (Surgical Instruments, Imaging Agents, By Application, By Procedure Type By End User, By Geography

PUBLISHED: December 4, 2024

PAGES: 167 Pages

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Description

The global sentinel node biopsy market is estimated to be valued at USD 752.1 Mn in 2024 and is expected to reach USD 1,209.2 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 7% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 752.1 Mn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	7.00%	2031 Value Projection:	US$ 1,209.2 Mn

Figure. Sentinel Node Biopsy Market Share (%), By Region 2024

Sentinel lymph node biopsy is an important procedure for staging of cancers like breast cancer and melanoma. It helps determine whether cancer has spread from the primary site to lymph nodes. This minimally invasive diagnostic technique provides critical information to guide treatment decisions for patients. During the procedure, a radioactive tracer or blue dye is injected near the cancer site which travels to the first draining lymph node, known as the sentinel lymph node. Surgeons then remove this lymph node to check for the presence of cancer cells. If sentinel lymph node is cancer-free, it is unlikely that the cancer has spread to other lymph nodes. This reduces unnecessary additional surgery for lymph node dissection.

Market Dynamics:

Market drivers such as rising cancer incidence globally and growing preference for minimally invasive techniques are fueling the demand for sentinel lymph node biopsy. Early and accurate staging of cancers is critical for determining personalized treatment options. Sentinel lymph node biopsy addresses this need in a less invasive manner compared to full lymph node dissection surgery. However, limitations of current radioactive tracers and short shelf life of kits pose a challenge. Also, availability of alternative techniques for lymph node assessment restrains market growth. Going forward, the development of nanoparticle tracers with better detection ability and tracers customized for specific cancer types will expand opportunities.

Key Features of the Study:

This report provides in-depth analysis of the global sentinel lymph node biopsy market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global sentinel lymph node biopsy market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Hologic, Inc., Stryker Corporation, Devicor Medical Products, Inc., Boston Scientific Corporation, KUBTEC Medical Imaging, LabLogic Systems Ltd., SurgicEye GmbH, CareWise Health, Navidea Biopharmaceuticals, Inc., Intramedical Imaging, LLC, GE Healthcare, Siemens Healthineers, Philips Healthcare, Medtronic, and C. R. Bard, Inc.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global sentinel lymph node biopsy market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global sentinel lymph node biopsy market

Market Segmentation

Product Type Insights (Revenue, USD Mn, 2019 - 2031)
- Surgical Instruments
- Needles
- Probes
- Others
- Imaging Agents
- Radioactive Tracers
- Fluorescent Dyes
- Contrast Agents
- Diagnostic Kits
- Equipment
- Reagents
Application Insights (Revenue, USD Mn, 2019 - 2031)
- Breast Cancer
- Melanoma
- Colon Cancer
- Other Cancers
Procedure Type Insights (Revenue, USD Mn, 2019 - 2031)
- Open Surgery
- Minimally Invasive Surgery
End User Insights (Revenue, USD Mn, 2019 - 2031)
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Diagnostic Centers
- Research Laboratories
- Others
Regional Insights (Revenue, USD Mn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
Key Players Insights
- Hologic, Inc.
- Stryker Corporation
- Devicor Medical Products, Inc.
- Boston Scientific Corporation
- KUBTEC Medical Imaging
- LabLogic Systems Ltd.
- SurgicEye GmbH
- CareWise Health
- Navidea Biopharmaceuticals, Inc.
- Intramedical Imaging, LLC
- GE Healthcare
- Siemens Healthineers
- Philips Healthcare
- Medtronic
- C.R. Bard, Inc.

Product Code: CMI7574

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Sentinel Node Biopsy Market, By Product Type
- Global Sentinel Node Biopsy Market, By Application
- Global Sentinel Node Biopsy Market, By Procedure Type
- Global Sentinel Node Biopsy Market, By End User
- Global Sentinel Node Biopsy Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Driver
Restraint
Opportunity
Impact Analysis
Key Developments
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
Industry Trends

4. Global Sentinel Node Biopsy Market, By Product Type, 2019-2031, (USD Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Surgical Instruments
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Needles
- Probes
- Others
Imaging Agents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Radioactive Tracers
- Fluorescent Dyes
- Contrast Agents
Diagnostic Kits
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Equipment
- Reagents

5. Global Sentinel Node Biopsy Market, By Application, 2019-2031, (USD Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Breast Cancer
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Melanoma
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Colon Cancer
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Other Cancers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)

6. Global Sentinel Node Biopsy Market, By Procedure Type, 2019-2031, (USD Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Open Surgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Minimally Invasive Surgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)

7. Global Sentinel Node Biopsy Market, By End User, 2019-2031, (USD Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Hospitals & Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Diagnostic Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Research Laboratories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)

8. Global Sentinel Node Biopsy Market, By Region, 2019 - 2031, Value (USD Mn)

Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Mn)
- Market Y-o-Y Growth Analysis (%), 2020 - 2031, Value (USD Mn)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Procedure Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Procedure Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Procedure Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Procedure Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Procedure Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Procedure Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country/Region, 2019 - 2031, Value (USD Mn)
  - South Africa
  - North Africa
  - Central Africa

9. Competitive Landscape

Hologic, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Stryker Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Devicor Medical Products, Inc.
Boston Scientific Corporation
KUBTEC Medical Imaging
LabLogic Systems Ltd.
SurgicEye GmbH
CareWise Health
Navidea Biopharmaceuticals, Inc.
Intramedical Imaging, LLC
GE Healthcare
Siemens Healthineers
Philips Healthcare
Medtronic
C.R. Bard, Inc.