The global colposcopes market was valued at $470.2 million in 2018, and is projected to reach $661.4 million by 2026, registering a CAGR of 4.3%. Colposcopy is a medical diagnostic procedure, used to examine portions of cervix, vagina, and vulva for signs of diseases. It is performed using a colposcope. It is performed when results of cervical cancer screening tests show abnormal changes in the cells of cervix. Different types of colposcopes are available in the market, which are portable, handheld, and stationary, used for different conditions such as cervical cancer, genital warts on cervix, and cervicitis.
The market is anticipated to show significant growth during the forecast period, owing to increase in prevalence of cervical cancer, surge in awareness among people towards early screening of the disease, and an increase in demand for colposcopes in developing region are the key factors that fuel the growth of the colposcopes market. Moreover, availability of innovative colposcopes, surge in R&D activities to develop technologically advanced colposcopes, availability of cost-efficient products, and development of healthcare industry with advanced facilities across the globe are other factors that contribute to the growth of the market. However, complications associated with the use of colposcopes are anticipated to hinder the growth of the market.
The colposcopes market is segmented into product type, application, end user, and region. By product type, it is categorized into portable, handheld, and stationary. Depending on application, it is classified into cervical cancer screening and physical examinations. According to end user, it is classified into diagnostic centers, hospitals, and clinics. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA). .
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS
By Product Type
By Application
By Region
LIST OF KEY PLAYERS PROFILED IN THE REPORT
LIST OF OTHER PLAYERS IN THE VALUE CHAIN (These players are not profiled in the report. The same will be included on request.)
The market is anticipated to show significant growth during the forecast period, owing to increase in prevalence of cervical cancer, surge in awareness among people towards early screening of the disease, and an increase in demand for colposcopes in developing region are the key factors that fuel the growth of the colposcopes market. Moreover, availability of innovative colposcopes, surge in R&D activities to develop technologically advanced colposcopes, availability of cost-efficient products, and development of healthcare industry with advanced facilities across the globe are other factors that contribute to the growth of the market. However, complications associated with the use of colposcopes are anticipated to hinder the growth of the market.
The colposcopes market is segmented into product type, application, end user, and region. By product type, it is categorized into portable, handheld, and stationary. Depending on application, it is classified into cervical cancer screening and physical examinations. According to end user, it is classified into diagnostic centers, hospitals, and clinics. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA). .
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the market along with the current trends and future estimations to elucidate the imminent investment pockets.
- It offers a quantitative analysis from 2018 to 2026, which is expected to enable the stakeholders to capitalize on the prevailing market opportunities.
- A comprehensive analysis of all the geographical regions is provided to determine the existing opportunities.
- The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global market.
KEY MARKET SEGMENTS
By Product Type
- Portable
- Handheld
- Stationary
By Application
- Cervical cancer screening
- Physical examinations
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
- Carl Zeiss AG
- Danaher Corporation (Leica Microsystem)
- Ecleris S.R.L.
- Gynex Corporation
- Karl KapsGmbh& Co. Kg
- Kernel Medical Equipment Co., Ltd
- McKesson Corporation
- Medgyn Products Inc.
- Seiler Instrument & Mfg. Co. Inc.
- The Cooper Companies, Inc. (Wallach Surgical Devices).
LIST OF OTHER PLAYERS IN THE VALUE CHAIN (These players are not profiled in the report. The same will be included on request.)
- Leica
- Bovie Medical Corporation
- DYSIS Medical
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: COLPOSCOPES MARKET, BY PRODUCT TYPE
CHAPTER 5: COLPOSCOPES MARKET, BY APPLICATION
CHAPTER 6: COLPOSCOPES MARKET, BY END USER
CHAPTER 7: COLPOSCOPES MARKET, BY REGION
CHAPTER 8: COMPANY PROFILES
Executive Summary
According to the report titled 'Colposcopes Market by Product Type, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026,' the global colposcopes market size was valued at $470million in 2018, and is projected to reach $661million by 2026, growing at a CAGR of 4.3% from 2019 to 2026.Colposcopy is a procedure of closely examining cervix, vagina, and vulva through a special magnifying device called a colposcope. This procedure is generally performed when cervical screening finds abnormal cell growth in cervix. Portable, handheld, and stationary colposcopes are available in the market, which are used to diagnose cervical cancer, genital warts, vaginal cancer, and vulvar cancer.
The market is expected to experience significant growth during the forecast period, owing to rise in prevalence of cervical cancer, growth in awareness for early screening of cervical cancer, rise in demand for colposcopes, and availability of technologically advanced colposcopes. According to the American Society of Clinical Oncology (ASCO) report 13,170 women in the U.S. diagnosed with invasive cervical cancer. Incidence rates for the disease dropped by more than 50% between 1975 and 2015 due to increase in screening procedures to find cervical changes before they turn cancerous. In addition, colposcopy is a painless, non-invasive procedure, with no blood loss; and is cost efficient, which further influences their demand globally. However, complications associated with the use of colposcopes can hamper the growth of the market.
Based on product type, the portable segment dominates the global market, and is anticipated to continue this trend over the forecast period, owing to ease of sample handling, portability, screening convenience, and higher adoption of portable colposcopes in hospitals and gynecological clinics.
On the basis of application, the cervical cancer screening segment accounted for majority of the market share, owing to surge in number of target population and growing awareness for cervical cancer screening among people.
According to Onkar Sumant, Manager, Healthcare, “The growth of the colposcopes market is attributed to increase in prevalence of cervical cancer across the globe. Furthermore, surge in awareness of early screening of gynecological disorders, launch of innovative products, and rise in adoption of colposcopesare the other factors that contribute to the growth of the market.”
KEY FINDINGS OF THE STUDY
- On the basis of product type, the portable segment held more than half share in the global market in 2018.
- On the basis of application, the cervical cancer screening segment is anticipated to show significant market growth during the forecast period.
- On the basis of end user, the diagnostic centers segment held approximately half of the share in the global market in 2018.
- Region wise, Asia-Pacific is expected to experience growth at the highest rate, registering a CAGR of 6.1% during the forecast period.
North America accounted for approximately one-half of the global colposcopes market share in 2018 and is expected to remain dominant throughout the forecast period. This was attributed to higher adoption of colposcope products; rise in prevalence of cervical cancer; increase in awareness among patients regarding early screening of the disease, with well-developed healthcare infrastructure; and strong presence of key players in the market. On the other side, Asia-Pacific is expected to experience the highest growth rate during the forecast period, majorly due to improvement in healthcare infrastructure, rise in number of advanced medical facilities, and growing awareness regarding early screening of the disease.
Companies Mentioned
- Carl Zeiss AG
- Danaher Corporation (Leica Microsystem)
- Ecleris S.R.L.
- Gynex Corporation
- Karl KapsGmbh& Co. Kg
- Kernel Medical Equipment Co. Ltd.
- McKesson Corporation
- Medgyn Products Inc.
- Seiler Instrument & Mfg. Co. Inc.
- The Cooper Companies Inc. (Wallach Surgical Devices)
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 210 |
| Published | February 2020 |
| Forecast Period | 2018 - 2026 |
| Estimated Market Value ( USD | $ 470.2 million |
| Forecasted Market Value ( USD | $ 661.4 million |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
