Colposcopes Market to Reach $661.4 Million at a 4.3% CAGR Globally by 2026
Pune, Maharashtra, India, December 18 2020 (Wiredrelease) Allied Analytics –:Increase in prevalence of cervical cancer and other gynecological disorders and technological innovations drive the growth of the global colposcopes market. However, unfulfilled requirements regarding usage of colposcopes hinder the market growth. On the other hand, surge in adoption of colposcopes in emerging countries present new pathways for growth in coming years.
“Colposcopes Market by Product Type (Portable, Handheld, and Stationary), Application (Cervical Cancer Screening and Physical Examinations), End User (Diagnostic Centers, Hospitals, and Clinics): Global Opportunity Analysis and Industry Forecast, 2019–2026.” According to the report, the global colposcopes market generated $470.2 million in 2018, and is estimated to generate $661.4 million by 2026, growing at a CAGR of 4.3% from 2019 to 2026.
Download Free Sample Report@ https://www.alliedmarketresearch.com/request-sample/3489
The key players profiled in this report include Carl Zeiss AG, Danaher Corporation (Leica Microsystem), Ecleris S.R.L., Gynex Corporation, Karl Kaps Gmbh & Co. Kg, Kernel Medical Equipment Co., Ltd., McKesson Corporation, Medgyn Products Inc., Seiler Instrument & Mfg. Co. Inc., and The Cooper Companies, Inc. (Wallach Surgical Devices)
Based on product, the portable segment contributed to nearly three-fourths of the total share of the global colposcopes market in 2018, and is expected to continue its leadership position during the forecast period. This is due to ease in sample handling, screening convenience, and high adoption across the globe. Moreover, the handheld segment is expected to register the highest CAGR of 5.7% from 2019 to 2026, owing to improved test efficiency and productivity by lowering time and labor needed for collecting, processing, and reporting results.
Based on application, the cervical cancer screening segment accounted for the highest market share of the global colposcopes market, holding more than four-fifths of the total market share in 2018, and is expected to maintain its dominant position in terms of revenue throughout the forecast period. However, this segment is estimated to grow at the highest CAGR of 4.5% from 2019 to 2026. This is attributed to rise in incidences of cervical cancer, increase in awareness regarding early screening of diseases, and availability of technologically advanced screening tools. The research also analyzes the physical examinations segment.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/3489
Based on region, North America contributed to the largest share in terms of revenue, accounting for nearly half of the global colposcopes market in 2018, and is projected to maintain its lead status during the forecast period. This is due to increase in awareness, availability of advanced healthcare facilities, and trained medical professionals. However, Asia-Pacific is estimated to grow the fastest CAGR of 6.1% from 2019 to 2026, owing to improved healthcare infrastructure, favorable healthcare reforms, and technological advancements in healthcare.
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This content has been published by Allied Analytics company. The WiredRelease News Department was not involved in the creation of this content. For press release service enquiry, please reach us at email@example.com.