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22-Feb-2019

Cervical Cancer Therapies And Diagnostics Market Size, Status, Share And Foresight 2019-2028

The cancer that forms in the cervix region of the female reproductive system is known as cervical cancer. Cervical cancer is usually a slow developing type of cancer which may or may not exhibit symptoms of the disease. Moreover, cervical cancer is characterized by the abnormal growth of cancerous cells in the tissues of the cervix. Furthermore, cervical cancer can develop into a squamous-cell carcinoma or adenocarcinoma. Cervical cancer is usually caused by the HPV (Human papilloma virus) infection.

High incidence of cervical cancer across the globe is a key driver for growth of global cervical cancer therapies and diagnostics market. In addition, increasing awareness among the general population about care, prevention and treatment of cervical cancer. Furthermore, having many sexual partners, getting sexually active at an early age, smoking, certain genetic factors and weak immune system are other factors driving growth of the global cervical cancer therapies and diagnostics market.

However, stringent government regulations over the product pricing and reimbursement rates are key restraints for growth of the global cancer therapies and diagnostics market. In addition, complex tests that require many sampling instruments, need of trained pathologists & cytotechnicians, and need for continuous monitoring to obtain high quality results are all major factors restraining growth of the global cervical cancer therapies and diagnostics market.

The global cervical cancer therapies and diagnostics market is segmented into diagnostics tests, therapies, end user, and region. Region covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The market in North America dominated the global cervical cancer therapies and diagnostics market in terms of revenue share, owing to high incidence of cervical cancer, and rising awareness regarding malignant effects of cervical cancer. Moreover, several policies of reimbursement associated with cervical cancer treatments are further expected to drive growth of the North America market for cervical cancer therapies and diagnosis tests. Europe accounted for second largest market share contribution to the global cervical cancer therapies and diagnostics market, followed by Asia Pacific. Asia Pacific market is anticipated to register the highest growth rate over the forecast period, owing to the rising consumer market, favourable government support for enhanced healthcare infrastructure, and rising awareness for healthcare among the population in several emerging economies. In addition, tax benefits offered by the government in various countries is expected to propel growth of the Asia Pacific cervical cancer therapies and diagnostics market.

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Some key players in the global cervical cancer therapies and diagnostics market include, Abbott Diagnostics, Alere, Beckman Coulter, Clinical Genomics, Companion Dx, EDP Biotech, Epigenomics AG, Exact Sciences, Fujirebio, Genomic Tree, Metabiomics, and Siemens Healthcare.

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Last Updated: 22-Feb-2019