Vaginal Speculum Market is valued at USD 852.42 Million in 2020 and is expected to reach USD 1175.66 Million by 2027 with a CAGR of 4.17% over the forecast period.
The Detailed Market intelligence report on the Vaginal Speculum Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate the Vaginal Speculum Market place for the forecast 2021– 2027. Increasing cases of cervical cancer worldwide are anticipated to drive the growth of the Global Vaginal Speculum Market.
A vaginal speculum referred as a medical device that allows physicians and health providers to better view a woman’s cervix and vagina during pelvic exams. Most of the specula are made of metal and plastic, and physicians insert a portion of the speculum into the patient’s vagina to separate the vaginal walls. The most common type of vaginal specula has two blades which are manipulated by use of a locking handle. It is available in a variety of sizes to accommodate all women, with an especially small version used in cases where a woman’s hymen is intact. As of 2019, gynecologists routinely use the speculum for vaginal examinations. According to the Mayo Clinic, cervical and vaginal examinations are important in identifying abnormalities in a woman’s reproductive anatomy, such as cysts and cancers.
Global Vaginal Speculum Market report is segmented on the basis of product type, application, end-user and region & country level. Based upon product type, global vaginal speculum market is classified into plastic, stainless and others. Based upon application, global vaginal speculum market is divided into surgery, examination and others. Based on end-user, the vaginal speculum market is classified into surgery, examination and others.
The regions covered in this Vaginal Speculum Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Vaginal Speculum is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Some major key players for Global Vaginal Speculum Market are,
The major factor driving the growth of the global vaginal speculum market is increasing cases of cervical cancer worldwide. For example; As per WHO; Cervical cancer is the fourth most frequent cancer in women with an estimated 570,000 new cases in 2018 representing 6.6% of all female cancers. Approximately 90% of deaths from cervical cancer occurred in low- and middle-income countries. The highest regional incidence and mortality rates are seen in Africa, where the rates are 7 to 10 times higher than in North America, Australia, New Zealand and Western Asia.
In addition, increasing government initiatives to prevent and screen cervical cancer are also supplementing the demand for vaginal specula. Go Further (launched in May 2018) is an innovative public-private partnership between the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR), the George W. Bush Institute (Bush Institute), the Joint United Nations Programme on HIV/AIDS (UNAIDS), and Merck (known as MSD outside of the United States and Canada). For maximum impact, the partnership focuses on reaching HIV-positive women in countries with among the highest HIV prevalence and cervical cancer incidence rates in the world.
An estimated 100,000 women are diagnosed annually with cervical cancer in Sub-Saharan Africa. Without treatment, 62 percent of these women would be expected to die from the disease. Additionally, women who are HIV-positive are five times more likely to develop invasive cervical cancer. To address these risks, Go Further is increasing access to the human papillomavirus vaccine to prevent cervical cancer, expanding the availability of vital cervical cancer screening, and providing treatment for women most vulnerable to developing cervical cancer.
Furthermore, increasing technological advancements in healthcare industry are also supplementing the market growth. However, risk of infection by vaginal specula and lack of awareness regarding cervical cancer in emerging economies may hamper the market growth. In spite of that, increasing advancements to develop more innovative vaginal specula can provide various opportunities for the further growth of the market.
The Global Vaginal Speculum Market is segmented into North America, Europe, Asia-Pacific Latin America and Middle East & Africa. North America is expected to dominate the global Vaginal Speculum market within the forecast period attributed to the highly developed healthcare infrastructure and increasing cases of cervical cancer and hence increasing number of cervical cancer diagnosis in this region. For example; as per U.S. Department of Health and Human Services; In 2019, it is estimated that there will be 13,170 new cases of cervical cancer and an estimated 4,250 people will die of this disease.
In the United States, Hispanic women are most likely to get cervical cancer, followed by African-Americans, Asians and Pacific Islanders, and whites. American Indians and Alaskan natives have the lowest risk of cervical cancer in this country. In addition, presence of leading players and increasing government initiatives for prevention and screening of cervical cancer are also fostering the market growth.
Europe is projected to capture the second-largest share of the global vaginal speculum market owing to the well-developed healthcare infrastructure in this region. Asia Pacific is anticipated to witness a significant growth in global vaginal speculum market owing to the increasing research and development for new and imroving healthcare infrastructure and large patient pool in this region.
Report Analysis | Details |
---|---|
Historical data | 2015 - 2020 |
Forecast Period | 2021 - 2027 |
Market Size in 2020: | USD 852.42 Million |
Base year considered | 2020 |
Forecast Period CAGR %: |
4.17% |
Market Size Expected in 2027: | USD 1175.66 Million |
Tables, Charts & Figures: | 175 |
Pages | 200 |
vaginal speculum manufacturers | BD, CooperSurgical, Inc., Welch Allyn, Pelican Feminine Healthcare, MedGyn, Aesculap AG, STERIS Corporation, Sklar Surgical Instruments, Medicon, Robinson Healthcare, others. |
Segments Covered | By Product Type, By Application, By End-User |
Regional Analysis | North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa |
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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