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.
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
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.
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.
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.
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.