Global Colposcopy Market: By Instrument Type (Digital Colposcopes and Optical Colposcopes), By Application (Physical Examinations, Cervical Cancer Screening and Other Applications), By Instrument Portability (Fixed, Handheld and Portable), By End User (Clinics, Hospitals, Diagnostic Centers and Other End Users) and Geography
Colposcopy Market size was valued at USD 427.0 million in 2021 and is expected to reach USD 592.9 million by 2028, at a CAGR of 4.8% during the forecast period 2022 to 2028. Some of the factors favouring the market growth are increasing geriatric population, growing incidence of cervical cancer and huge demand for early diagnostic techniques and launch of new diagnostic equipment’s for detection of cancer by major manufacturers. However, lack of skilled clinical professionals and huge installation cost required for this device are restricting the market growth. In addition, rising awareness about gynecological diseases coupled with huge demand for colposcopy from emerging countries are the major opportunities for the market during the forecast period. Global colposcopy market report gives comprehensive outlook on colposcopy across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global colposcopy products.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
One of the major factor that contribute to the growth of the colposcopes market include increasing prevalence of cervical cancer. Colposcopes are medical devices used to detect cervical cancer by observing precancerous tissues with the help of a microscope fitted with a light. A colposcope can identify the development of abnormal tissues or blood vessels in the cervix & vagina and transmit a three dimensional image for instant view of abnormal areas. According to the World Health Organization (WHO), cervical cancer is identified to be the second most leading cause of cancer deaths in women worldwide. Cancer burden is growing among women in both, high-income countries (HICs) and low- and middle-income countries (LMICs) due to changes in the prevalence of cancer risk factors as countries experience economic transition. Thus, the demand for colposcopes in cervical cancer is driving the market.
Asia Pacific accounted for larger revenue share in global Colposcopy market with considerable CAGR. XX. Asia Pacific witnessed steady growth in the market and the growth of this region can be attributed to rising medical imaging technology, increasing spending on gynecological disorders, more number of patients in this region suffering with cervical cancer and rising investments by government to improve health care facilities thereby expanding the market growth especially in countries such as India and China.
Latin America
Europe
Asia Pacific
Middle East
North America
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.