Digital Colposcopes is Expected to Gain Major Market Share in North America

Thu, 18 April 2019 4

Colposcopes is used for examining cervix, vagina, and vulva in case infection or disease. Technically advanced colposcopes help gynecologist for the mapping of infection or diseases site. Increasing prevalence of disease or problems related to vagina, vulva, & cervix, awareness programs by government and rising number of diagnostic centers are driving the colposcope market. In 2018, the Cervical Cancer Foundation, announced the funding of US$100 million to the Infection Research Initiative, a comprehensive approach to improve outcomes associated with infections through enhanced detection, diagnosis, prevention, and treatment. Increasing health expenditure across the globe is projected to gain market higher share during forecast year 2019–2026.

 Segmental Insights

Global colposcopes market is segmented by instrument type, magnification type, mounting style, application, and end-users.

On the basis of instrument type, the market is segmented into optical and digital. Digital segment is expected to gain major market share due to increasing digitalization in health which helps to diagnose symptoms and infection of diseases.

Based on the mounting style, the colposcopes market is divided into tilt base, rolling base, wall mounted, and swing arm.

By magnification type, the colposcopes market is segmented into fixed magnification, variable magnification.

On the basis of Application, the colposcopes market is categorized into cervical cancer screening, physical examinations. Physical examination is majorly carried out to diagnose symptoms of diseases related to cervix, vagina, and vulva. Physical examinations segment is projected witness high growth followed by cervical cancer screening segment.

By end-users, the colposcopes market is segmented into hospitals, clinics, diagnostic centers, other end users. Hospitals segment is projected to hold the largest share followed by diagnostic centers segment.

 Regional Insights

Geographically, the global Colposcopes market is segmented into four regions: North America, Europe, Asia Pacific, and Latin America and the Middle East & Africa (LAMEA).

North America is likely to lead colposcopes market owing to the high prevalence rate of cervical, vaginal and vulva cancer and related problems and availability of superior technology. Increasing prevalence with high healthcare expenditure is likely to support the market growth during forecasted period 2019–2026.

Europe is expected to account for optimum share of the global colposcope market owing to the ongoing technological advancements and the presence major players in the region.

Asia Pacific is anticipated to show significant growth in the colposcopes market with growing awareness related cervical cancer and increasing prevalence of cervical cancer in various economies such as China, India, Japan, and South Korea.

LAMEA is expected to witness sluggish growth in the healthcare sector. The poor economic growth and weak healthcare infrastructure create a supply and demand gap between diagnosis and treatment. However, it brings out opportunities for market growth in forecast period 2019–2026.

Key Players

Some of the key players in the global Colposcopes market are Cooper Surgical, MedGyn Products, Edan Instruments, Inc., Kernel Medical Equipment Co., Ltd., Inc., Wallach Surgical Devices, Alltion (Wuzhou) Co., Ltd., Carl Zeiss Meditec, Inc., ATMOS MedizinTechnik GmbH & Co. KG, BOVIE MEDICAL, DYSIS Medical and among others.