The global cervical dysplasia market size is expected to reach USD 890.9 million by 2027, expanding at a CAGR of 7.3%, according to a new report by Grand View Research, Inc. Key drivers of the market include the increasing prevalence of cervical cancer cases, rise in government initiatives, and growing awareness. According to the WHO, cervical cancer is the 4th most frequent disease observed in women across the globe. An estimated 570,000 new cases of the disease were observed during 2018 that represents 6.6% of all cancers in females. Most of the deaths caused due to the disease were observed in middle and low-income countries.
In
addition, government and other major players are also undertaking initiatives
in order to enhance awareness among women across the globe. For instance, in
2018, WHO launched a Plan of Action for Cervical Cancer Prevention and Control
2018 to 2030. The major goal of this plan is to accelerate progress towards
eliminating the disease in the region U.S. by reducing mortality and incidence
rates by one-third by 2030.
Also,
seven UN agencies that are under the United Nations Task Force on NCDs
established a 5-year Joint Program to prevent and control cervical cancer. The
program aims at providing technical assistance as well as global leadership to
support governments as well as their partners to sustain and build high quality
national comprehensive cervical cancer control programs for women. Thus, a rise
in initiatives undertaken by the government is expected to upsurge the usage of
cervical dysplasia tests in the near future.
Growing
initiatives undertaken by major market players is also one of the factors
expected to fuel the market growth during the forecast period. For instance, in
November 2019, BD announced that the company submitted a premarket approval
supplement to the U.S. FDA in order to expand BD Onclarity HPV Assay’s version.
The assay detects HPV genotypes 45, 18, and 16. The company seeks approval from
the U.S. FDA to include HPV genotypes 51, 31, and 8 additional types to BD
Onclarity HPV Assay. Therefore, the rise in product advancements done by major
market players is expected to boost market growth.
The
rise in the number of product launches is expected to fuel the market growth
during the forecast period. For instance, in December 2018, Nurx a telemedicine
startup based in California launched an HPV testing kit, which is a
direct-to-customer product. The test is free of cost with insurance and
facilitates the detections of 14 high-risk HPV genotypes. This initiative
encourages women living in rural areas as well as those without insurance with
cervical cancer screening tests. Thus, North America is expected to witness
exponential growth owing to the rise in initiatives undertaken by startups in
the region to increase the adoption of HPV tests across women aged 25 years and
above. Therefore, a growing number of initiatives undertaken by new market
players are also expected to enhance the diagnosis of cervical cancer.
Full Research Report On Cervical Dysplasia Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/cervical-dysplasia-market
Cervical Dysplasia
Market Report Highlights
- Diagnostic
tests are anticipated to dominate the market during the forecast period
owing to the efficacy, flexibility, and cost-effectiveness of the tests
- Hospitals
held the largest market share in 2019 owing to the availability of
technologically advanced diagnostic devices and tests and the presence of
various reimbursement policies
- In North
America, the market is expected to witness exponential growth during the
forecast period owing to a rise in the prevalence of cervical cancer, a
growing number of awareness and screening campaigns, and the launch of
technologically advanced products for the diagnosis of cervical dysplasia.
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Cervical Dysplasia
Market Segmentation
Grand View Research has
segmented the global cervical dysplasia market on the basis of diagnosis type,
end-use, and region:
Cervical
Dysplasia Diagnosis Type Outlook (Revenue, USD Million, 2016 - 2027)
- Diagnostic Tests
- HPV Test
- Pap Smear Test
- Biopsy Test
- Diagnostic Devices
- Colposcope
Cervical Dysplasia
End-use Outlook (Revenue, USD Million, 2016 - 2027)
- Hospitals
- Diagnostic Centers
- Ambulatory Surgical Centers
Cervical
Dysplasia Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Asia Pacific
- Japan
- China
- India
- South Korea
- Australia
- Singapore
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
List of Key
Players of Cervical Dysplasia Market
- Qiagen N.V.
- Quest Diagnostics
- Abbott Laboratories
- Hologic, Inc.
- Karl Kaps GmbH & Co. KG
- DYSIS Medical Ltd.
- CooperSurgical Inc.
- Micromedic Technologies Ltd.
- OncoHealth Corporation, Inc.
- BD and Roche
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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