Medical Devices for Manufacturers · Direct
Monitoring · monthlyProcurement Category Intelligence
Biopsy Needles
Overview
Market size
$650M
global, USD
CAGR
6.8%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
10
tracked players
Signals
12
6 high severity
Market outlook
2031$903M
What changed
Demand by region
North America demand45%
Europe demand25%
Asia Pacific demand18%
Latin America demand7%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Medical-grade SUS304 and SUS316 stainless steel tubing35%
Precision machining and double-bevel mirror polishing labor25%
Polymer and drug coatings (PVA, ciprofloxacin, amikacin)15%
Sterilization, packaging, and regulatory compliance15%
Logistics and cold-chain/protective distribution10%
share of delivered cost (analyst estimate)