Vaginal Specula Market

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Vaginal Specula Market To Reach USD 1.07 Billion
By 2027
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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.
Market Summary
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• 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.

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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

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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

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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 industrys growth
in the forecast period?
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