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Colposcopes Market (Product - Video Colposcope, and Video Colposcope; Application - Cervical Cancer Diagnostic, and Physical Examination; End User - Gynecology Clinics, Hospitals, and Diagnostic Laboratories): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

  • Published : December, 2020

  • Rep Id : HC0632

  • Category : Healthcare & Medical Devices

  • Status : Published

A recent report published by Infinium Global Research on colposcopes market provides in-depth analysis of segments and sub-segments in the global as well as regional colposcopes market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional colposcopes market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global colposcopes market. According to the report, the global colposcopes market is projected to grow at a CAGR of 6.41% over the forecast period of 2020-2026.

 

Market Insight

A colposcope is a surgical equipment like an electric microscope empowered with a bright source of light which permits gynecologists to examine the cervix and vagina more clearly and under appropriate magnification. Colposcope is normally used for the diagnosis of vaginal cancer, cervical cancer, and inflammation of the cervix. Furthermore, the advanced colposcope has a high-resolution camera and electronic green filter which permit doctors to examine the vagina or cervical on the screen. The process of examining the cervix vagina and vulva to detect cervical cancer with a colposcope is stated as colposcopy. The colposcopy with the help of a colposcope typically takes 10-20 for the complete examination.

 

The global COVID-19 outbreak has led to a sudden pause in cancer screening activities worldwide, affecting the demand for colposcopes. Furthermore, The American Society for Colposcopy and Cervical Pathology has recommended that the diagnostic evaluation of low-grade cervical cancer screening test may be postponed up to 6 to 12 months. In addition to this, physical distancing, the pressures on capacity due to the extension of appointment times, and reduced capacity caused by the demand of new hygiene protocols and application of PPE have driven the desire to manage patients appropriately at their first visit and remove the need for subsequent follow-up visits. However, digital colposcope can play a vital role in the pandemic to share the images with the reference centers for patients with high-grade diseases. On the other hand, the post-covid-19 era will be full of challenges as well as opportunities for the colposcope market. There is an immense backlog of patients who are waiting for colposcopy examinations as a result of the holdup of all the services.

 

A number of aspects affect the growth of the global colposcope market. Noteworthy factors responsible for the growth of the colposcopes market comprise increasing demand for colposcope for diagnosis, rising number of cervical cancer patients, development & advancement in colposcope devices, and an upsurge in the global geriatric population. Furthermore, other key drivers are a technological advancement in diagnostic devices, a surge in the number of diagnostic procedures, and an increase in the number of uterus problems associated with the elderly population. However, the market is also witnessing restraints such as the development of other diagnostic procedures and technologies and rigid competition among existing colposcope device companies. In addition, product recalls, government regulations for reduction of overall health care cost, and the consequent upswing in bulk purchasing through INHs and GPOs (Group Purchasing Organizations) are restraining the global colposcope market.  Additionally, the current concern over the spread of coronavirus is also expected to have a negative impact on the colposcopes market.

 

Among the geographies, the North America region is expected to hold the largest share in the global colposcopes market. The industry is expected to offer huge opportunities for market growth on account of the heightened adoption of advanced technology, higher health coverage, and the rising prevalence of cervical cancer. Furthermore, Asia Pacific region is expected to witness high growth in the colposcopes market during the forecast period. The widening pool of patients suffering from cervical cancer and increasing penetration of medical imaging technology in China, Japan, India, and East Asian countries are anticipated to provide positive opportunities for the market across the region.

 

Colposcopes Market


Segment Covered

The report on the global colposcopes market covers segments such as product, application, and end user. On the basis of product, the sub-markets include video colposcope and video colposcope. On the basis of application, the sub-markets include cervical cancer diagnostic and physical examination. On the basis of end user, the sub-markets include gynecology clinics, hospitals, and diagnostic laboratories.

 

Companies Profiled:

The report provides profiles of the companies in the market such as MedGyn Products, Inc., LeisegangFeinmechanikOptik GmbH, Wallach Surgical Devices, Edan Instruments, Inc., Kernel Medical Equipment Co., Ltd., CooperSurgical Inc., Gem Optical Instruments Industries, BOVIE MEDICAL, ORION MEDIC, and ATMOS MedizinTechnik GmbH & Co. KG.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the colposcopes market. Moreover, the study highlights current market trends and provides forecasts from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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