Colposcopy Market Research Report: Instrument Type (Optical Colposcope, Digital Colposcope), Instrument Portability (Portable, Fixed, Handheld), Application (Cancer Screening, Examinations), Magnification Type, End-User – Global Forecast Till 2030

Colposcopy Market Overview: 

The colposcope market is expected to reach USD 765.01 Million by 2030 at 5.6% CAGR during the forecast period 2022-2030. The Colposcope is a diagnostic instrument that allows the physician to have a clearer view of the vagina or cervix with proper magnification. The primary aim of the diagnosis using the colposcope is to detect the precancerous lesions at an early stage by appropriate treatment. Colposcopes are utilized for patients who are cervical cancer suspects, however, the instrument is also utilized to examine for conditions such as immunosuppression, abnormality of the cervix. The current status shows that there are over 530,000 cases are diagnosed with cervical cancer every year. The prevalence percentage has risen to 12% this year. The increasing incidences of cervical cancer and abnormality in vaginal tissues and other health concerns have stimulated the overall growth of the Colposcopy market.

The increasing awareness regarding the signs and symptoms of cervical cancer in developing countries has affected the overall growth of the market. Several governmental and non-governmental organizations have reached out to the public through media and other mediums to educate the public about the symptoms. Moreover, the early detection and treatment of cancer that can completely cure the disease have increased the demand for the Colposcopy market.

COVID 19 Analysis:

The widespread of COVID has affected the normal treatment methods in various medical sectors. The restrictions in movements have caused several medical appointments to postpone or done digitally. The overall spectrum of cancer care has been significantly reduced by the widespread of COVID. Cancer screening and cancer diagnosis have not been prioritized throughout the pandemic. Addressing the state of emergency has significantly affected the overall growth of the Colposcopy market. Such factors have delayed the overall treatment and other procedures for cancer patients. In Scotland, the medical appointments have been postponed due to pandemics, the screening tests were also faced delays due to the ongoing pandemic and restrictions in movement.

Colposcopy Market Dynamics:

Drivers:

The increasing geriatric population, sedentary lifestyle of women, unhealthy diet and lifestyle have created implications that have overall increased cervical cancer incidences. In Africa, the number of cervical cancer incidences has grown up to 80,000 per year and over 75% mortality rate. Such factors are the primary reason for the rapid-paced growth of the Colposcopy market.

The technological advancements and advancing medical infrastructure are also fueling the overall growth of the market in recent years. The advanced colposcope comes with a high-resolution camera that allows the physician to have a clearer view of the condition in their tablet. Such advancements have stimulated the market demand.

Opportunities:

With the increasing incidences of cervical cancer and breast cancer, governmental organizations have increased their reach for cancer screening programs. Additionally, the key market players are focusing on advancing the technologies related to the colposcopes. Colposcopes with higher resolution imaging facilities are replacing the traditional colposcopes in recent times. Hence the advancing technologies in the market are expected to present lucrative opportunities for the steady growth of the Colposcopy market.

The colposcopy is carried out for other reasons as well. If the patient is bleeding heavily during the sexual encounter, the colposcope is utilized for diagnosis. Moreover, in recent times, owing to the increasing mortality rate, a persistent launch of newer medical devices for cancer detection is hitting the market. Such factors are expected to increase the overall growth of the Colposcopy market.

Restraints:

The increasing installation costs of the colposcopy are considered as the major restraining factor in the Colposcopy market outlook. Autoclaving, cleaning, and disinfecting the instruments, installing tilt base, rolling base, wall mount, and swing arm requires significant costs. 

The lack of skilled professionals to carry out the diagnosis, especially in developing countries is considered a major restraining factor for the overall growth of the Colposcopy market. Although the recent advancements in the instruments are flexible for usage, the appropriate operation techniques are not followed in several developing countries.

Challenges:

Generally, the Colposcopy doesn’t cause any adverse effects. Infections due to improper sterilization of the instrument, heavy bleeding, and infection, pelvic and abdominal pain are experienced in some cases. In severe cases, the infectious symptoms can go up to fever, chills, heavy vaginal bleeding. Such effects require immediate consultation.

In pregnant ladies, the diagnosis using colposcopes could lead to implications during delivery such as early Labour. Failure in diagnosis, such as the physicians are unable to determine the problem or perform a biopsy is considered as the primary challenge in the Colposcopy market. On the other hand, the increasing costs for performing Colposcopy are also hindering the growth of the Colposcopy market. Poor insurance support for perming these procedures is also hindering the overall growth of the market.

Cumulative Growth Analysis:

The advancements in the colposcopes are the major reasons for the overall growth of the Colposcopy market. The advent of imaging techniques, portability, handheld systems, and stationary systems has stimulated the overall growth of the market. The mobility feature of the handheld systems has increased the demand for portable colposcopes over the stationary system. The portability, internet-enabled system, user-friendly features of the colposcopes are stimulating the colposcopy market growth.

Additionally, the colposcopes with the video facility are expected to witness steady growth in the forecast period, owing to the visual clarity and accurate diagnostic results. The Video segment of colposcopy was accounting for over 60% in the year 2017 and is expected to witness tremendous growth in the forecast period. Although the optical colposcopes provide attractive features such as easier installation, lower maintenance, they are considered affordable in the market.

Value Chain Analysis:

Cervical Biopsy can cause mild discomfort and slight bleeding for a few days, there won’t be any restrictions imposed on the patient, however, the patient will have a slight discharge of brown or black fluid. Usage of vaginal creams and participation in sex will be prohibited until the bleeding subsides. Over other types, the digital colposcopes are expected to exhibit 4.1% market value in the forecast period. The digital colposcopes are easier to operate and ease the overall procedure as they utilize the software. 

The biopsies are done in the cervix and vagina, whereas the cervical biopsy might have slight pressure, cramping, and mild discomfort for the patients. However, the vaginal biopsy causes significant pain, and hence the doctor will administrate local anesthesia during the procedure.

Segment Overview:

Based on Instrument type:

• Optical


• Digital

Based on Instrument portability:

• Portable


• Fixed


• Handheld

Based on Application:

• Cervical cancer screening


• Physical examinations


• Other applications

Based on End-user:

• Hospitals


• Clinics


• Diagnostic centers


• Others

Regional Analysis:

North America is expected to dominate the market in the forecast period owing to the increasing government initiatives, higher number of cervical cancer cases, and advancing technology concerning screening tools. Additionally, with the presence of major players in the region such as Dysis, and effective treatments and follow-ups, North America is presently holding the highest market share among other regions.

Europe is more likely to be in the second top position owing to the favorable reimbursement policies. The introduction of such policies has increased the overall growth of the Colposcopy market. A recent study shows that there are over 3000 new cases diagnosed as cervical cancer every year in the UK.

Competitive landscape:

• Carl Zeiss


• Olympus Corporation


• Danaher Corporation


• Philips Healthcare


• CooperSurgical


• McKesson Corporation


• DYSIS Medical


• Atmos


• Seliga Microscopes


• Karl Kaps


• Bovie Medic

Recent developments:

The recent advancement by the DYSIS colposcopy is Computer-aided cervical mapping that helps the medical professionals to detect even minor lesions clearer, additionally; the technology enables the professionals to store the patient’s results for later usage. 

The recent invention of Pocket colposcopy has eliminated the requirement of the speculum and permits the professionals to operate with fewer efforts. The instrument is capable of performing on its own. The speculum-free colposcope enables medical professionals to view the cervical images on a laptop, smartphone, or any other smart device. 

Report overview:

This report has covered:

• Market overview


• COVID 19 Analysis


• Market dynamics


• Cumulative growth analysis


• Value chain analysis


• Segment overview


• Regional analysis


• Competitive landscape


• Recent developments