October 03, 2019
According to the new research report available at MarketStudyReport.com under the title ‘Global Colposcopy Market Growth 2019-2024’, the worldwide colposcopy market is anticipated to surpass US $890 million by the year 2024.
Colposcopy is a diagnostic process to analyze cervix and tissues of the vulva and vagina by illuminating and magnifying these areas for observation. Various malignant lesions and premalignant lesions in these areas have distinct characteristics which can be spotted through the examination. The aim of colposcopy is to detect precancerous tissues and to prevent cervical cancer by early treatment.
Rising instances of cervical cancer, growing awareness among women about the disease, and easy access to better medical facilities & procedures are the main factors driving the colposcopy market growth.
According to the report, colposcopy market was worth US $600 million in 2019 and is projected to grow with a CAGR of 8.3% by the year 2024. The report also provides an insightful analysis of trends, challenges, opportunities, and drivers influencing the market growth.
The worldwide colposcopy market is examined on the basis of product type, application spectrum and reginal landscape. Speaking of type, the market is segmented as optical colposcopy and electronic colposcopy. While considering the application spectrum, the market is fragmented as physical examination, cervical cancer diagnostic, and others.
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Based on the regional landscape, colposcopy market is bifurcated into four main regions; Egypt, Turkey, GCC Countries, South Africa, and Israel come under Middle East & Africa; China, India, Australia, Japan, Southeast Asia, and Korea fall under Asia Pacific; Americas comprise of Brazil, the U.S., Mexico, and Canada; and Europe consists of Germany, UK, France, Italy, Spain, and Russia.
The prominent manufacturers/vendors operating in colposcopy market include Kernel, Leisegang, STAR, Welch Allyn, Xuzhou Zhonglian, Philips, Seiler, Olympus, Edan Instruments, Zeiss, Beijing SWSY, Centrel, Wallach, OPTOMIC, ATMOS, MedGyn, Lutech, DYSIS Medical, and Ecleris.