March 28, 2020

Colposcopes Market is gaining huge growth in upcoming years: Credence Research

The Colposcopes market was valued at US$ 599.75 million in 2016 and is expected to reach US$ 964.44 million by 2025, increasing to CAGR by 5.08 per cent from 2017 to 2025.

According to the World Health Organization, around 500 000 cases of cervical cancer are diagnosed worldwide every year. Colposcopy is usually performed after the Papanicolaou (PAP) test is performed. The demand for colposcopes has increased worldwide to prevent cervical cancer by detecting precancerous tissues and is also used to detect other gynecological disorders. Traditionally, optical colposcopes have been used by doctors to measure the size of the diseased region and are comparatively less expensive than the electronic colposcope. On the other hand, an electronic colposcope equipped with a high-definition imaging module and a LED light source provides quality images and features such as good mobility and advanced telemedicine solutions. Colposcopy technique is used to diagnose cervical disease and physical examination of other gynaecological disorders such as cervical lesions, HPV infection, etc. The market for colposcopes is technologically driven, associated colposcope devices have been upgraded to obtain high-resolution 3D image, external micromanipulator for carbon dioxide laser therapy, straight or inclined.

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Information may be archived for future reference purposes. Leisegang, Olympus Corporation, Carl Zeiss Meditec AG, Koninklij N.V. There are few market leaders in the colposcope market who have technological advances in their colposcopy segment and compete to increase their market foothold.

Key Market Movements:

  • Higher prevalence of cervical cancer and other gynaecological disorders
  • Technological advances in colposcopy assessment
  • Government and non-government initiatives to fight cervical cancer and supporting reimbursement policies
  • Rising public awareness with early disease diagnosis

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About Credence Research
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.

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