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The study segments Vaginal Specula industry in light of major classification such as product type, potential markets, application, and end-user.
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Market Summary Growing prevalence of cervical cancer is one of the significant factors influencing market growth.Market Size – USD 792.1 Million in 2018, Market Growth - CAGR of 3.3%, Market Trends – Government initiatives for screening cervical cancerThe global vaginal specula market is expected to reach USD 1.07 Billion by 2027, according to a new report by Reports and Data. Growing use of vaginal specula in gynecology diagnosis is one of the significant factors influencing market growth. Cervical cancer is one of the most common causes of cancer in women, with over 500,000 new cases taking place per year across the globe. Cervical cancer is generally diagnosed between the age range of 35 years and 44 years. Approximately 15.0% of women aged above 65 years are diagnosed with cervical cancer. In 2019, over 13,000 women in the U.S. were diagnosed with invasive cervical cancer. Occurrence rates for the disease fell by over 50% between 1975 and 2015 owing partially to an increase in screening, which can detect cervical changes before becoming cancerous. Survival rates in cases of cervical cancer depend on several factors, such as the diagnosis stage of cervical cancer. When diagnosed at an early stage, the survival rate is around 92.0% for women having invasive cervical cancer. www.reportsanddata.com
Further key findings from the report suggest • By end-users, hospital accounted for the largest market share in 2018 and projected to grow at a rate of 3.0% in the forecast period. The high market share of hospitals & clinics is owing to higher purchasing power of hospitals, well-resourced diagnostic rooms, and availability of proficient healthcare professionals, among others. • By product type, two blade vaginal specula contributed to the largest market share in 2018. The two blades of this product facilitate its entry in its final position where they can be positioned by a screw mechanism, to enable the operator to perform diagnosis/surgery while keeping the blades apart. • By usability, disposable vaginal specula held a major market share in 2018 and is estimated to grow at a rate of 3.7% in the forecast period. The high demand for disposable vaginal specula is owing to higher usage frequency and chances of decreased infection risk. • By raw materials, plastics are estimated to witness a faster growth rate in the period 2019-2027. • North America held the largest market size in 2018 and is anticipated to witness a growth rate of 3.2% in the forecast period. The market dominance of North America is due to the growing prevalence of cervical cancer, well-established healthcare facilities, supportive government initiatives for screening cervical cancer, and the presence of leading market players.
Market Summary • Key Players: • CooperSurgical Inc., Welch Allyn, Becton, Dickinson and Company, B. Braun Melsungen AG, Teleflex Inc., Integra Lifesciences, Robinson Healthcare, Dynarex Corporation, Steris, and OBP Medical Corporation, among others. • Segmentation: • Raw Material Outlook (Revenue, USD Million; 2016-2027) • Metals • Plastics • Product Type Outlook (Revenue, USD Million; 2016-2027) • One Blade Vaginal Specula • Two Blade Vaginal Specula • Three Blade Vaginal Specula • Others • Usability Outlook (Revenue, USD Million; 2016-2027) • Reusable • Disposable To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/2446 www.reportsanddata.com
Market Summary • Application Outlook (Revenue, USD Million; 2016-2027) • Diagnosis • Surgery • End-User Outlook (Revenue, USD Million; 2016-2027) • Hospitals • Diagnostic Centers • Ambulatory Surgical Centers • Regional Outlook (Revenue, USD Million; 2016-2027) • North America • Europe • Asia Pacific • Latin America • MEA Grab Your Report at an Impressive Discount! Please Click Here : https://www.reportsanddata.com/discount-enquiry-form/2446 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
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