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Colposcopy Market size exceeded USD 190 million in 2020 and is anticipated to grow at over 3.9% CAGR between 2021 and 2027. The market growth is attributable to factors such as the high burden of cervical cancer cases, rapidly growing geriatric population and technological advancements in colposcopy. For instance, DYSIS colposcopy uses digital imaging to more accurately define areas of high-grade disease on the cervix. Thus, with intuitive functionality, the examination process becomes fast, easy, accurate and highly efficient, thereby fostering the product demand. Furthermore, developing countries are focusing on increasing the reach of cancer screening programs which in turn are expected to boost the adoption of colposcopy and drive the market expansion.
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The spread of the COVID-19 pandemic across the globe has negatively impacted the market by disrupting the spectrum of cancer care in 2020. The pandemic has impacted every aspects of cancer care and research, as several countries across the global classified cancer screening and care as a relatively low-priority service. For instance, the government of Scotland delayed cancer related surgeries and suspended screening programs such as for cervical, bowel and breast cancer. Thus, the unprecedented effect of COVID-19 will have a negative impact on colposcopy diagnosis and procedure outcomes in the short term.
Growing demand for early diagnostic techniques coupled with rising patient pool of cervical cancer are among the key factors that are fueling the colposcopy market progression. There is a high mortality rate from cervical cancer worldwide. For instance, as per the World Health Organization (WHO) report, cervical cancer claimed over 604,00 new cases in 2018 across the globe. In addition, around 90% of deaths occurred in low- and middle-income countries. This high mortality rate can be managed by early diagnostics and screening programs helping in detection of disease at an early phase, thereby augmenting the industry expansion.
Report Coverage | Details |
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Base Year: | 2020 |
Market Size in 2020: | 190.8 Million (USD) |
Forecast Period: | 2021 to 2027 |
Forecast Period 2021 to 2027 CAGR: | 3.9% |
2027 Value Projection: | 250.6 Million (USD) |
Historical Data for: | 2016 to 2020 |
No. of Pages: | 100 |
Tables, Charts & Figures: | 227 |
Segments covered: | Product Type, Mobility, Area of Diagnosis, End-use and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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The high cost of colposcopes and its procedure cost may slow down the industry growth in the coming years. For instance, the cost of colposcope ranges from USD 2,000 to USD 8,000. The colposcopy procedure typically costs about USD 100 to USD 500 or more with an additional USD 200 to USD 300 laboratory fee if a biopsy is done as part of the procedure. Thus, high & increasing product and procedure cost may hamper the market demand in the future. Lower insurance coverage for cancer treatment in developing economies will further restrict the market revenue during the forecast period.
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The digital colposcopy segment accounted for USD 110.9 million in 2020 led by its advancements in digital camera technology and high-definition lenses that offer a tremendous leap forward for medical testing and diagnoses. For instance, the Lutech LT-300 SD digital video colposcopy system is easier to control & operate, less strenuous on the body and provides a data uploading, storage and retrieval process. Therefore, such user-friendly modality provides more visual clarity and motion pictures that help in accurate diagnosis.
The portable segment captured 44.3% of the colposcopy market share in 2020 owing to the advantages of portable colposcopy. The advantages include ease of installation and movement within medical settings, better result reproducibility, the ability to produce high-definition images and stable cervix examinations. Additionally, increasing usage of portable devices to perform colposcopy that can potentially improve the cervical cancer screening in low- and middle-income countries where ready access to colposcope is limited.
The pelvic segment is poised to witness 4% growth rate and will reach USD 222.3 million by 2027. Pelvic colposcopy examinations are used to analyse inflammation, infection, cancerous changes, and traumatic injuries in vagina and cervix. The high segment expansion is attributed to the increasing burden of cervical cases coupled with screening programmes across the world.
The hospitals segment was valued at USD 111 million in 2020. High acceptance rates for technologically advanced biopsy and utilization of colposcopy for early diagnosis of cervical cancer will increase the number of diagnosis carried out in hospital settings. Moreover, as per the National Health Expenditures report 2019, out of the total healthcare expenditures, 32% accounts to hospital care and majority of the admissions to hospital are done for oncology treatments including cervix uteri. This has increased the admissions, usage of treatment and procedure in hospital settings, thereby enhancing the industry demand.
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Asia Pacific region dominated the overall colposcopy market in 2020 on account of the rising incidence of cervical cancer along with growing geriatric population base in the region. For instance, China and India together contribute more than one third of the global cervical cancer cases with nearly 109,741 cases in China and 123,907 cases in India in 2020. Such exponential rise in the number of cervical cancer cases will drive the demand for cancer diagnostic and treatment, thereby impelling the market expansion over the forecast timeframe. Furthermore, presence of key market players along with their R&D activities for new product development as well as technological advancements are the few other factors that largely favor the regional growth.
A few key companies operating in the market are Olympus Corporation, DYSIS Medical, CooperSurgical Inc, ATMOS, Karl Kaps, Carl Zeiss, Seiler Instruments and MedGyn among others. These market players are focusing on numerous strategies such as mergers, acquisitions, partnerships, new product launches, and collaborations to increase their revenue share.
Market, By Product Type
Market, By Mobility
Market, By Area of Diagnosis
Market, By End-use
The above information is provided for the following regions and countries: