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 7.0% over the forecast period of 2019-2025.
A colposcope is able to identify or detect the development of abnormal blood vessels or tissues in the cervix & vagina and transmit a three-dimensional image for an instant view of abnormal areas. Colposcopes are referred to as a medical device which is generally used to detect cervical cancer by observing precancerous tissues with the help of a microscope. Some advance colposcope has an electronic green filter and a high-resolution camera that allow doctors to examine the cervical or vagina on the screen.
The global colposcopes market is primarily driven by the rising prevalence of cervical cancer around the globe. Moreover, technological advancement in the colposcope including improved accuracy in detection and high-quality video is expected to fuel the market growth in the near future. However, the lack of skilled clinical user for operating colposcope and the high cost of installation of devices is expected to hinder the demand for global colposcopes market. Nonetheless, increasing awareness program of various NGO for diagnosis and the treatment of cervical cancer and major manufacturers are the continuous launch of diagnostic equipment for the detection of cancer is anticipated to create a new opportunity for global colposcopes market.
On the basis of region, the global colposcopes market is bifurcated into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America held the largest revenue share for the global colposcopes market in 2018 owing to t high healthcare infrastructure in this region. North America is followed by Europe and the Asia Pacific for the colposcopes market. The Asia Pacific is estimated to be the fastest-growing region within the projected years owing to China and India are anticipated to show rapid growth owing aging population and growing healthcare infrastructure in these countries. Favorable reimbursement scenario in Europe is driving factors for the ambient growth of the Europe region for the colposcopes market. The MEA is anticipated to witness sluggish growth for the colposcope market owing to the lack of awareness about cervical cancer.
The report on global colposcopes market covers segments such as product, application, and end user. On the basis of product, the sub-markets include video colposcope, and optical 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., Leisegang Feinmechanik Optik 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 colposcopes market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. 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.