The global breast biopsy device market had a valuation of USD 2.18 billion in 2022. It is projected to reach USD 4.73 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9% during the forecast period. The primary drivers of market revenue growth are the increasing prevalence of breast cancer and growing awareness among women about the importance of early detection. The utilization of breast biopsy equipment is on the rise due to advancements in technology, the demand for minimally invasive procedures, and improvements in healthcare infrastructure in emerging economies.

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The global size for Next Generation Sequencing (NGS) Market was USD 10.31 billion in 2022. It is projected to reach USD 25.09 billion by 2032, with a forecasted revenue compound annual growth rate (CAGR) of 9.2%. Several key factors are driving the revenue growth in the market.
One of the main drivers is the increasing prevalence of cancer and genetic disorders globally. This has created a growing need for advanced genetic analysis tools like NGS to understand the genetic basis of these diseases and develop targeted treatments. Additionally, there is a rising demand for customized medicine, which involves tailoring treatments based on an individual's genetic profile. NGS technology plays a crucial role in providing the necessary genomic data for personalized medicine, further fueling the market growth.

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