Colposcopy Market 2019: Detailed Analysis of Production Demand and Consumption Growth Rate by 2028
Colposcopy is a type of medical procedure, widely used by gynecologists for detection of inflammations or diagnosis of cervical cancer in patients. Colposcopy is considered to be a pain free method for examination of cervix, vagina, and vulva. A gynecologist often performs colposcopy, whenever a patient reports uncomfortness in the cervix area or reports bleeding after intercourse.
High prevalence coupled with increasing incidence of cervical cancer and other gynecological diseases are major factors boosting growth of the global colposcopy market. Also, technological advancements in diagnosis instruments especially, in digital instruments that can produce accurate images is another major factor projected to propel growth of the global market over the forecast period. Moreover, increasing awareness about various gynecological problems especially, among the geriatric population which is more susceptible to uterus problems coupled with increasing investment by governments of various countries for spreading awareness about diagnosis and treatment of gynecological problems are other factors projected to propel growth of the target market. But, high associated costs, lack of skilled personnel in emerging economies, and complications during colposcopy procedures are major factors expected to hamper growth of the global market over the forecast period.
The global colposcopy market report has been segmented on the basis of type, portability, application, end user, and region. On the basis of region, the global colposcopy market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Global colposcopy market segmentation:
- Cervical cancer screening
- Physical examinations
- Other applications
By end user:
- Diagnostic centers
- Other end users
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The market in North America accounted for highest share in terms of revenue in the global colposcopy market, and is projected to maintain its dominance over the forecast period. This can be attributed to increasing incidence of cervical cancer, high awareness about gynecological problems, and significant presence of prominent players in the region. Revenue from the market in Europe is estimated to account for second-highest share in the global market, owing to high healthcare expenditure by governments in countries in the region. The market in Asia Pacific is projected to witness significant growth in the global market, and register highest CAGR of X.X% over the forecast period. This is attributed to growing awareness about cervical cancer and its treatment methods coupled with increasing government initiatives for development of healthcare facilities in emerging economies such as China, Japan, and India.
Prominent players in the global colposcopy market include CooperSurgical, Inc., Edan Instruments, Inc., MedGyn Products, Inc., Wallach Surgical Devices, Kernel Medical Equipment Co., Ltd, Seiler Instrument Inc., Gynex Corporation, and ZEISS Group.