According to The Insight Partners market research titled ‘Vaginal Specula Market to 2027 - Global Analysis and Forecasts by Product Type, Usage, Material, Application, and End User.’
According to The Insight Partners market research titled ‘Vaginal Specula Market to 2027 - Global Analysis and Forecasts by Product Type, Usage, Material, Application, and End User.’ The global vaginal specula market is anticipated to reach US$ 1,094.57 Mn in 2027 from US$ 801.78 Mn in 2018. The vaginal specula market is expected to grow with a CAGR of 3.6% from 2019-2027. The report presents trends predominating in the global vaginal specula market and the factors driving the market and also the factors that act as hindrances.
The report provides trends predominating in the global vaginal specula market and the factors driving the market along with those that act as hindrances. The key factors that are driving the growth of the market are a rise in the number of cervical cancer incidences, rising numbers of diagnostic services for women’s health. However, complications involved in gynecological procedures are expected to hamper the market during the forecast period.
Request for sample PDF Copy at: https://www.theinsightpartners.com/sample/TIPRE00003500/
Vaginal Specula Market Competitive Landscape and Key Development
The vaginal specula market majorly consists of players such as Cooper Companies, Inc., Welch Allyn (Hill Rom), BD, B. Braun Melsungen AG, Teleflex Incorporated, Integra Lifesciences, Steris, Robinson healthcare, Dynarex Corporation, and OBP Medical Corporation among others. Several companies are concentrating on organic strategies, such as product launch and product approvals. For instance, in May 2017, OBP Medical, a leading global developer of self-contained, single-use, illuminating medical devices, launched a product, namely Office SPEC and ER-SPEC vaginal specula.
The factors contributing to the growth of the vaginal specula market in the countries of Asia Pacific are the rising prevalence of cervical cancer, the growing emphasis on tracking women’s health. Furthermore, rising awareness to overcome the rate of gynecological diseases also boosts the market growth. The countries such as Australia, India, and South Korea are estimated to serve various growth opportunities due to the rising development in the healthcare sector. Also, the rise in the incidence of gynecological diseases, and the growing awareness regarding these diseases is likely to provide more significant growth opportunities to the market players in the coming years.
Rise in Number of Cervical Cancer Incidences
Cervical cancer is one of those diseases having a higher possibility of prevention and treatment. Cervical cancer can be prevented with HPV vaccination and managed effectively. However, cervical cancer remains one of the severe threats to women’s health globally. According to the data published by the WHO in 2018, cervical cancer is the fourth most frequent cancer in the female population. Annually, over 500,000 women are diagnosed with this cancer type, causing over 270,000 deaths, and more than 75% of cases occur in Africa and India. Therefore, the rise in the number of cervical cancer is leading to greater awareness about this cancer among women, and easy prevention and treatment are encouraging more women to undergo diagnosis as well as take treatment if the results of diagnosis are positive.
Rising Numbers of Diagnostics Services for Women’s Health
In response to the increasing number of problems about women’s health worldwide, the healthcare industry is offering various advanced technological products for the diagnosis and treatment of gynecological problems. Due to the advancements in the healthcare sector, specifically in medical devices, have enabled players to provide the best equipment, devices, and systems. Also, these advancements have enabled researchers to introduce minimal invasive gynecological surgeries. Thus, the availability of various modern gynecological devices is driving market growth.
Vaginal Specula Market: Segmental Overview
The global vaginal specula market, based on the product type, was segmented into two blade, one blade and three blade. In 2018, the two blade segment accounted for the largest market share in the global vaginal specula market. The growth of the two blade segment is expected to grow due to rising product development that has allowed to integrate lighting in the specula that offers vide visibility to doctor to diagnose and treat in the pelvic region.
The companies operating in the vaginal specula market have been implementing various strategies to grow in their corresponding markets; this has, in turn, enabled them to bring various changes in the market. The companies have utilized strategies such as product launches, and approvals of their product portfolio and acquisitions for the growth of their organizations.
Buy Complete Report of Vaginal Specula Market Study at: https://www.theinsightpartners.com/buy/TIPRE00003500/
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
We are committed to provide highest quality research and consulting services to our customers. We help our clients understand the key market trends, identify opportunities, and make informed decisions with our market research offerings at an affordable cost.
Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
E-mail: sam@theinsightpartners.com