According to the business intelligence report titled ‘Colposcopy Market Size By Product Type (Optical, Digital), By Mobility (Fixed, Portable, Handheld), By Area of Diagnosis (Pelvic, Oral), By End-use (Hospitals, Clinics, Diagnostic Centers), COVID-19 Impact Analysis, Regional Outlook, Product Potential, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global colposcopy market is projected to record lucrative growth between 2021 and 2027.
 

Increasing occurrence of cervical cancer, growing awareness among women regarding reproductive health, and timely diagnosis of diseases & illnesses are the key factors fueling global colposcopy market expansion.
 

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For the unversed, colposcopy refers to the process of detecting abnormal or cancerous cells in the cervix, vagina, or vulva. A colposcope provides medical professionals with enlarged and illuminated pictures of the tissues to help them in finding any abnormalities.
 

Rising focus on research in oncology domain, and strategic decisions by key contenders to explore new prospects will aid revenue inflow as well. Citing an example, in July 2021, DYSIS Medical Inc. announced the launch of a portable colposcope which is equipped with the company’s unique computer aided cervical mapping technology that helps healthcare professionals in detecting cervical abnormalities more effectively.
 

Based on product gamut, global colposcopy market sphere is bifurcated into optical, and digital. Among these, optical segment is projected to be worth USD 102.6 million by 2027.
 

Speaking of mobility, the industry has been divided into handheld, portable, and fixed. Among these, the portable segment amassed USD 84.5 million in 2020 and is slated to witness substantial growth between 2021-2027.
 

As per area of diagnosis, the business sphere is arrayed into oral, and pelvic. Among these, oral segment is anticipated to expand at 2.9% CAGR between 2021-2027.
 

Moving on to end user spectrum, worldwide colposcopy industry is fragmented into clinics, diagnostic centers, and hospitals. Among these, hospitals segment captured 58.2% of the industry share in 2020 and is estimated to grow rapidly between 2021-2027.
 

Regionally speaking, Latin America held a 7% share in the market in 2020 and is expected to garner massive revenues between 2021-2027. Meanwhile, Middle East & Africa market is predicted to register 3.9% CAGR between 2021-2027.
 

Leading players profiled in the report are MobileODT Ltd., DYSIS Medical Inc., Olympus Corporation, Lutech S.p.A., Karl Kaps GmbH & Co. KG, CooperSurgical Inc., Seiler Instrument & Manufacturing Co., MedGyn Products Inc., Carl Zeiss Meditec Inc., and Atmos MedizinTechnik GmbH & Co. KG.