The global colposcopy market size is projected to reach USD 293.6 million by 2025, according to a new report by Grand View Research, Inc., rising at a CAGR of 7.0% during the forecast period. Increasing investments in the medical imaging industry and rising cervical cancer screening in developing countries are poised to trigger the growth of the market. Developing countries offer new investment avenues to global market giants. Developing healthcare infrastructure and expanding patient pool are rendering emerging countries promising destinations for global players in the market.
As
per the findings of the World Health Organization, the number of new cervical
cancer cases is estimated to reach 570,000 by the end of 2018, accounting for
6.6% of total cancers related only to females. The number of deaths registered
due to this type of cancer is higher in developing countries. It can be reduced
by implementing a program that provides early diagnosis and effective
treatment.
Governments
in emerging economies are focusing on augmenting the reach of cancer screening
programs, which in turn is anticipated to boost the adoption of colposcopes. In
addition, major market players are adopting advanced technologies by
integrating various digital platforms with colposcopy equipment. The advent of
high-resolution imaging devices is expected to follow up on the integration,
which is likely to replace conventional colposcopes, hence influencing the
growth of the market.
Mergers
and acquisitions and service portfolio expansion are some of the key strategies
adopted by major players. For instance, in September 2016, DYSIS introduced an
advanced imaging technique that has the ability to detect neoplasia and
precancerous cells, which will help in diagnosing cancer. Prominent market
players are also focusing on increasing their geographical reach.
Full Research Report On Colposcopy Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/colposcopy-market
Colposcopy
Market Report Highlights
- The video modality segment
is projected to register the fastest growth during the forecast period
- The pelvic segment is poised
to exhibit a CAGR of over 7.1% during the forecast period
- The handheld segment is
estimated to expand at a lucrative CAGR during the forecast period
- Asia Pacific is anticipated
to exhibit a CAGR of about 8.0% during the forecast period owing to
improvised healthcare infrastructure, rising disposable income, and
investments from global market players
- Some of the key players in
this market are Karl Kaps GmbH & Co. KG; Carl Zeiss; Cooper Surgical,
Inc.; DYSIS Medical Ltd.; ATMOS Medizin Technik GmbH & Co. KG;
OLYMPUS CORPORATION; McKesson Medical-Surgical Inc.; Ecleris S.R.L.;
Optomic and Seiler Instrument Inc.
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Colposcopy
Market Segmentation
Grand
View Research has segmented the global colposcopy market on the basis modality,
portability, application, and region:
Colposcopy
Modality Outlook (Revenue, USD Million, 2014 - 2025)
- Optical
- Video
Colposcopy
Portability Outlook (Revenue, USD Million, 2014 - 2025)
- Stationary
- Handheld
Colposcopy
Application Outlook (Revenue, USD Million, 2014 - 2025)
- Pelvic
- Oral
Colposcopy
Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- The U.S.
- Canada
- Europe
- Germany
- The U.K.
- Asia Pacific
- Japan
- China
- Latin America
- Brazil
- Mexico
- The Middle East and Africa
(MEA)
- South Africa
- Saudi Arabia
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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