According to the recent research 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 showcase a robust CAGR over 2021-2027.
 

Global colposcopy market growth is mainly fueled by rising prevalence of cervical cancer. Furthermore, rising awareness among women regarding reproductive health and identification of disorders is expected to add to industry progress.
 

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4202315/
 

For the unversed, colposcopy is a procedure for finding abnormal or malignant cells in the vagina, cervix, or vulva that have the potential to become cancerous. A colposcope provides medical practitioners with an enlarged, illuminated image of the tissues to aid in the detection of any abnormalities.
 

Notably, the demand for the procedure is enhanced by increased research activities in the field of oncology to produce improved medical equipment and instruments for the diagnosis of various types of malignancies.
 

Leading players in worldwide colposcopy industry are taking proactive steps to capitalize on emerging trends and expand their reach. Citing an instance, in July 2021, Dysis Medical Inc., a medical technology company, announced the launch of the DYSIS View, a novel portable colposcope.
 

Based on mobility, portable segment was worth USD 84.5 million in 2020 and is expected to register a strong CAGR over the study period.
 

As per the area of diagnosis, oral segment is projected to exhibit a CAGR of 2.9% over the next five years. With respect to end user scope, hospitals segment accounted for around 58.2% of the industry share in 2020 and is predicted to expand further by 2027.
 

From the regional perspective, Latin America held 7% of the overall colposcopy industry revenue in 2020 and is speculated to showcase considerable growth over 2021-2027. Meanwhile, Middle East & Africa market value is slated to expand at a CAGR of 3.9% over the forecast years.
 

Moving on to competitive landscape, MobileODT, Lutech, Seiler Instrument Inc., Carl Zeiss AG, Atmos MedizinTechnik GmbH & Co KG, Dysis Medical, MedGyn Products Inc., and CooperSurgical Inc. are among the leading organizations influencing the market dynamics.