The colposcopy market is expected to reach USD 740.1 Million by 2023 from USD 498.8 Million in 2017 at a CAGR of 6.8% during the forecast period. The base year for this study is 2017 and the forecast period is 2018–2023.
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Drivers
-Heavy Burden of Cervical Cancer
-Rapidly Growing Geriatric Population
-Technological Advancements in Colposcopy
Top Key Players
The key players in the Colposcopy market include DySIS (US), CooperSurgical (US), Atmos (Germany), Olympus (Japan), Karl Kaps (Germany), McKesson (US), Danaher (US), and Carl Zeiss (Germany)
The global market is segmented based on instrument type, instrument portability, application, end user, and region.
By end user, the market is segmented into hospitals, clinics, diagnostic centers and other end users. Hospitals are expected to hold the largest share of the global market in 2018. Growth in this segment is mainly credited to the growing number of cervical cancer patients across the globe, increasing number of cancer screening initiatives, as well as the rising installation of colposcopes in hospitals across the world.
The colposcopy market by instrument portability is segmented into portable, fixed, and handheld colposcopes. The portable colposcopes segment is estimated to account for the largest share of the global market in 2018. The large share of this segment can be attributed to the advantages of portable colposcopes, which include ease of installation and movement within medical settings, better result reproducibility, and the ability to produce high-definition images and stable cervix examinations.