Acknowledging the kind of traction gained by this market, Industry data Analytics recently published a study report asserts the global Colposcopy Devices Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.5% during the review period (2022 to 2027).
Rising geriatric population is also leading to upsurge in the cases of cervical cancer worldwide. Women are becoming increasingly aware of gynecological diseases, which are followed by a rise in regular checkups and expenditure on personal health. Supportive government legislation and initiatives in emerging economies coupled with improving healthcare infrastructure to spread awareness about dissimilar types of cancer occurring in women is working as a growth stimulant to overall market.
As per the WHO, in 2018, cervical cancer claims over 570,000 new cases accounting for 6.6% of all female cancers. In addition, around 90% of deaths happened in low- and middle-income countries. This high mortality rate can be managed by initial diagnostics and screening programs helping in detection of disease at an early phase.
Emerging countries are focusing more on increasing reach of cancer screening programs, which in turn is anticipated to trigger the adoption of colposcopes. In addition, technological development such as integration of digital platforms with colposcopy equipment is working in favor of the overall market. Integration is boding a well for high resolution imaging devices, which are likely to replace traditional colposcopes, thereby influencing market dynamics.
Industry News:
January 4, 2021: The three precision medicine solutions launched by the Danaher Life Science Platform this time have come to fully meet the needs of the Chinese market. Taking basic clinical medical research as an example, according to the customer’s scientific exploration rules from “biological samples” to “data mining and result transformation”, Danaher could provide “three-dimensional” precision medical scientific research programs, covering everything from cells, body fluids to living bodies. The sample type starts from the four major steps of fine observation, precise capture, precise extraction, and precise measurement to meet the needs of molecular analysis from genotype to phenotype.
The Colposcopy Devices Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Danaher, ATMOS MedizinTechnik GmbH and Co. KG, Koninklijke Philips N.V, Karl Kaps GmbH and Co. KG, Symmetry Surgical, MEDGYN PRODUCTS, INC., Lutech, Optomic, Biomedicinos, CooperSurgical Inc. and others.
Colposcopy Devices Market is segmented based on the Modality, Portability, applications, companies and regions.
Market, By Modality
Market, By Portability
By Application it is segmented into
Currently, North America dominates the market for colposcopy devices, and it is anticipated to continue its stronghold for a few more years. Growing demand for colposcope in the region coupled with the growing prevalence of target disorders, high healthcare spending, and an increase in consciousness is anticipated to drive the market growth. Furthermore, strong clinical pipeline, favorable reimbursement policies for therapeutic products and higher adoption of these devices are other factors expected to promote revenue growth.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.5% during the review period (2022 to 2027). |
By Modality, Portability | By Modality Optical Video By Portability Stationary Handheld |
By Application |
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By Companies | Danaher, ATMOS MedizinTechnik GmbH and Co. KG, Koninklijke Philips N.V, Karl Kaps GmbH and Co. KG, Symmetry Surgical, MEDGYN PRODUCTS, INC., Lutech, Optomic, Biomedicinos, CooperSurgical Inc. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 107 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Colposcopy Devices Market is studied from 2017 - 2027.
What is the growth rate of Colposcopy Devices Market?
The Colposcopy Devices Market is growing at a CAGR of 4.5% over the next 5 years.
Who are the leading key players in Colposcopy Devices Market?
Danaher, ATMOS MedizinTechnik GmbH and Co. KG, Koninklijke Philips N.V, Karl Kaps GmbH and Co. KG, Symmetry Surgical, MEDGYN PRODUCTS, INC., Lutech, Optomic, Biomedicinos, CooperSurgical Inc.
What regions regions does this Colposcopy Devices Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant product types of Colposcopy Devices Market?
Optical, Video
What are the significant Applications of Colposcopy Devices Market?
Pelvic, Oral
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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