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Fusion Biopsy Market Size

  • Report ID: GMI12341
  • Published Date: Nov 2024
  • Report Format: PDF

Fusion Biopsy Market Size

The global fusion biopsy market size was valued at USD 829.1 million in 2024 and is expected to exhibit growth at a CAGR of 9.9% from 2025 to 2034. High market growth can be attributed to the increasing prevalence of prostate cancer, growing awareness and screening programs, and supportive government policies and reimbursement, among other contributing factors.

 

Fusion biopsy is an advanced diagnostic technique that combines MRI and ultrasound imaging to accurately identify and target suspicious tissue areas for biopsy, particularly in organs like the prostate. Prostate cancer ranks among the most prevalent cancers in men, particularly affecting older adults. According to the National Cancer Institute, approximately 248,530 new cases of prostate cancer were diagnosed in the U.S. in 2023. The rising incidence can be attributed to an aging population as well as heightened awareness and screening efforts. Conventional biopsy methods often fall short in precision, leading to missed diagnoses or underestimation of the disease's stage.

 

In contrast, fusion biopsy enhances accuracy by integrating magnetic resonance imaging (MRI) with real-time ultrasound imaging, effectively pinpointing suspicious areas within the prostate. Additionally, as more patients opt for active surveillance for low-risk prostate cancer, there is a growing need for highly accurate diagnostic tools like fusion biopsy. Fusion biopsy enables regular, precise monitoring of prostate changes, helping healthcare providers manage patients on active surveillance more effectively. This capability has made fusion biopsy an essential tool in many urology practices, further driving its demand within the market.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global fusion biopsy industry was valued at USD 829.1 million in 2024 and is expected to grow at a 9.9% CAGR from 2025 to 2034, driven by the increasing prevalence of prostate cancer and supportive government policies.

The devices segment generated USD 703.1 million in 2024, with rising investments in MRI-ultrasound fusion systems due to their enhanced diagnostic accuracy in prostate cancer detection.

The North America fusion biopsy industry recorded USD 367.1 million in 2024 and is anticipated to grow at a 9.2% CAGR from 2025 to 2034, driven by advanced healthcare infrastructure and high prostate cancer incidence.

Key players in the sector include Canon Medical Systems, CIVCO Medical Solutions, Eigen Health, Esaote SpA, Exact Imaging, Focal Healthcare, GE HealthCare, Koelis, Koninklijke Philips N.V., and MedCom.

Fusion Biopsy Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 12
  • Tables & Figures: 104
  • Countries covered: 19
  • Pages: 130
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