The latest published report by Polaris Market Research The report “Cervical Dysplasia Market Share, Size, Trends, Industry Analysis Report, By Type (Diagnostic Tests, {HPV Test, Pap Smear Test, Biopsy Test}, Diagnostic Devices, Colposcope); By End-Use (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers), By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Market Overview:
The global cervical dysplasia market was valued at USD 535.2 million in 2020 and is expected to reach USD 936.4 million by 2028 to grow at a CAGR of 7.5% during the forecast period [ 2021 – 2028]. The rising prevalence of cervical cancer and awareness regarding its early diagnosis is the key cervical dysplasia industry impacting factors. As per the report published by World Health Organization, in 2018, worldwide there were around 5, 70,000 new cases of cervical cancer, and more than 3,11,000 deaths were recorded. It also reported that HPV is the most common causal factor for cervical dysplasia among women.
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Moreover, Cervical Awareness Month was introduced by the U.S. Congress, in 2019, to declare the month of January dedicated to the patients suffering from cervical cancer in the market. National Cervical Cancer Coalition under government control was responsible to highlight issues related to disease and the importance of early diagnosis. These government-supported initiatives are bound to increase awareness regarding disease screening and are anticipated to boost the market growth for cervical dysplasia.
Competitive Insight
Market participants such as Qiagen N.V., Abbott Laboratories, Hologic, Inc., Quest Diagnostics, DYSIS Medical Ltd, Micromedic Technologies Ltd., OncoHealth Corporation, Inc., CooperSurgical Inc., and Roche are some of the key players operating in the global market for cervical dysplasia. The companies in the marketplace for cervical dysplasia are focussing on collaborations and agreement to survive in the highly regulated market with huge patient unmet needs.
For instance, in January 2020, both Japan pharmaceutical giants ASKA Pharmaceutical and KinoPharma entered into a collaborative agreement for the development and commercialization of drug candidates for cervical dysplasia in the market, which is under preclinical phase under KinoPharma. Under the agreement, ASKA would obtain exclusive rights to sell the drug in the Japanese market and will help later in co-developing potential drug candidates and KinoPharma in return will receive upfront payments for the exclusive licensing.
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Earlier, in July 2019, Roche expanded its portfolio of offerings under the Global Access Program to include HPV, and Mycobacterium tuberculosis diagnostic products for the emerging countries, particularly in countries where the prevalence of HPV is highest. This expansion is an attempt towards cost-effective treatments for cervical dysplasia in resource constraint countries and to implement multiple large-scale programs
Regional Insights
North America dominated the cervical dysplasia market, accounting for the majority of revenue share. The regional market is projected maintain the dominance over the forecast period. The growing prevalence of numerous associated diseases, rapid technological advancements, increasing awareness programs, and favorable government initiatives to boost the adoption of human papillomavirus (HPV) testing expected to drive market growth. Europe region is anticipated to exhibit substantial growth on account of increasing healthcare expenditure, rise in marketing programs run by startups, and supportive government’s policies to promote the use of HPV tests.
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Table of Contents
Introduction
Executive Summary
Research Methodology
Cervical Dysplasia Market Insights
Cervical Dysplasia Market Assessment by Type
- Diagnostic Tests
- HPV Test
- Pap Smear Test
- Biopsy Test
- Diagnostic Devices
- Colposcope
Cervical Dysplasia Market, by End-Use
- Hospitals
- Diagnostic Centers
- Ambulatory Surgical Centers
Cervical Dysplasia Market Assessment by Geography
The report can be customized on the basis of regional analysis, segment analysis, industry outlook and competitive analysis. Some of the major focus points which are covered in the report include:
- Industry Trends, opportunity and challenges in the market
- Role of key players across the value chain
- End-User analysis to define the market strategy
- Competitive mapping
- Regional and country level breakdown
These insights are included in the report which would help you to have a realistic overview of the overall market including the competition, investment opportunities, restraints and challenges, regulatory factors which might affect the market growth. Moreover, the report would help to identify the regional market growth opportunities for different segments covered in the report.
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