MARKET DEMAND

HUGE POTENTIAL MARKET…

LUNG CANCER – THE NO. 1 KILLER

In the US alone:

  • 1,688,780 new cancer cases are expected to be diagnosed in 2017
  • 222,500 cases of Lung Cancer are diagnosed annually
  • 161,360 cases of prostate cancer are diagnosed annually 
  •  Lung cancer is the leading cause of cancer deaths in the US with an estimated
  • 155,870 deaths in 2017
  • 16,000,000 biopsy procedures are performed in the US annually

Biopsy numbers WORLDWIDE:

  • The world biopsy devices market generated $1.6 billion in 2015.
  • The global market for biopsy devices should reach around roughly $2.1 billion by 2020.
  • The needle segment was estimated to account for 38% revenue share of the global biopsy device market.