The global Vaginal Speculum market was valued at USD 843 million in 2021, growing at a CAGR of 3.12% during the forecast period from 2022 to 2027 to reach USD 1100 million by 2027.
The Vaginal Speculum market is witnessing a positive growth owing to the various factors such as rising incidence of cervical cancer, increasing prevalence of Human Immunodeficiency Virus (HIV), surge in infertility rates in women, and technological advancements in product offerings. Therefore, the market for Vaginal Speculum is estimated to grow during the forecast period from 2022 to 2027.
Some of the key market players operating in the Vaginal Speculum market include CooperSurgical Inc, BD, JMI Group, Teleflex Incorporated (NYSE: TFX), Vernacare, Integra LifeSciences(NASDAQ: IART), MEDGYN PRODUCTS INC, AdvaCare Pharma, Advin Health Care, A.M.G. Medical Inc, B. Braun Melsungen AG, Deltalab, Medline Industries LP, Bexen Medical, YILKAL MEDICAL, STERIS, Narang Medical Limited, AccuquikTest Kits, Hospital Equipment Mfg. Co, Amsino International Inc, KIRCHNER & WILHELM GmbH + Co. KG, and among others.
DelveInsight’s “Vaginal Speculum Market Insight & Forecast” report will offer an in-depth understanding of the Vaginal Speculum market, further benefiting the competitors or stakeholders operating in the Vaginal Speculum arena.
Vaginal Speculum Overview
Vaginal speculum/vaginal speculum is a medical instrument that helps doctors and nurses to see a woman’s cervix and vagina better during pelvic examinations. The majority of specula are composed of metal and plastic, and clinicians put a part of the speculum into the patient’s vaginal walls to separate them.
Interested to know more about the functioning of Vaginal Speculum Visit @ Vaginal Speculum Operations & Working.
Vaginal Speculum Market Insights
Among all the regions, North America is expected to dominate the global Vaginal Speculum market in the year 2021 and is expected to do the same during the forecast period from 2022-2027. Factors such as rising incidence of cervical cancer and surge in infertility rates in women, are expected to increase the demand for Vaginal Speculum in the North America market.
According to the latest data published by American Cancer Society in the year 2022, in United States, it is estimated that there will be total 14,100 new cases of invasive cervical cancer in 2022. Further, increase in cervical cancer cases will boost the cervical cancer screenings during which Vaginal Speculum is required which provide a clear view of cervix. Therefore, rising incidence of cervical cancer surge the demand for Vaginal Speculum, thereby, propelling the growth for Vaginal Speculum overall market forecast.
Moreover, increase in infertility rates in the women also boost the vaginal speculum demand in the market. For instance, as per the latest data published by Centers For Disease Control and Prevention (CDC) in the year 2022, in United States, about 19% of women were unable to get pregnant after one year of trying (infertility). Also, about 26% women in this group have difficulty getting pregnant or carrying a pregnancy to term (impaired fecundity). Therefore, increase in infertility among women, uplift the Vaginal Speculum demand as they are used to inspect the vagina in such medical conditions.
Furthermore, rising incidence of cervical cancer and surge in infertility rates in women, would provide a conductive growth environment for North American region in Vaginal Speculum market.
To read more about why North America is leading the market growth in the Vaginal Speculum market, get a snapshot of the Vaginal Speculum market report.
Vaginal Speculum Market Dynamics
One of the main drivers of the Vaginal Speculum market is the rising incidence of cervical cancer globally. For instance, according to the World Health Organization (WHO) data published in the year 2022, globally, there were approximately 604,000 new cases of cervical cancer in 2020. Thus, at the time cervical cancer screening Vaginal Speculum is required which provide a clear view of cervix. Therefore, rising incidence of cervical cancer increases the demand for Vaginal Speculum, which surges the Vaginal Speculum overall market forward over the forecast period (2022-2027).
Moreover, another key factor which is responsible for the growth of Vaginal Speculum is increasing prevalence of Human Immunodeficiency Virus (HIV). For instance, as per WHO published data in the year 2022, globally, there were 38.4 million people living with HIV in 2021, from which 25.6 million were in the WHO African Region. Further, cervical cancer is six times more probable in Human Immunodeficiency Virus (HIV)-positive women than in HIV-negative women. Thus, increasing prevalence of HIV increases the cervical cancer rates in women and at the time of cervical cancer screening Vaginal Speculum is required which provide a clear view of cervix. Therefore, this surge the demand for Vaginal Speculum, which boosts the Vaginal Speculum overall market forward over the forecast period (2022-2027).
Henceforth, the above-mentioned factors will contribute to the global Vaginal Speculum market growth during the forecasted period.
However, complications associated with Vaginal Speculum such as spread of infection if Vaginal Speculum is not sterile and poor healthcare infrastructure in low-income countries, this can hamper the global Vaginal Speculum market growth.
The ongoing COVID-19 epidemic has significantly impacted the Vaginal Speculum market. The nationwide lockdown in almost every country restricted people’s movement & hospital visits, halted supply chains & logistics, hampered manufacturing rates, resulting in a product shortage in the market, and elective surgeries were not given priority as compared to COVID-19 patients in terms of treatment. According to the American Hospital Association 2020, between March and June 2020, hospitals in the United States lost an estimated USD 50.7 billion due to a decrease in “elective” treatments. According to the same research, these processes accounted for around 31% of net revenue in the United States on average. However, with the masses being vaccinated, relaxation in lockdown restrictions & increased hospital visits, resumption of supply chains, logistics, manufacturing units, and increase in the elective surgeries, the Vaginal Speculum market has picked momentum and is expected to further grow during the forecast period.
Certain factors such as the problems associated with the use of invasive equipment, and the high cost of endosurgical procedures pose a minor hurdle for the growth of the Vaginal Speculum market.
Recent Breakthroughs in Vaginal Speculum Market:
- In August 2020, Ceek Women’s Health, a pioneering women-led medical device company, announced its latest innovation, the Nella NuSpec Reusable Vaginal Speculu
Key Players Proactively Working In the Vaginal Speculum Market
Some of the key market players operating in the Vaginal Speculum market include CooperSurgical Inc, BD, JMI Group, Teleflex Incorporated, Vernacare, Integra LifeSciences, MEDGYN PRODUCTS INC, AdvaCare Pharma, Advin Health Care, A.M.G. Medical Inc, B. Braun Melsungen AG, Deltalab, Medline Industries LP, Bexen Medical, YILKAL MEDICAL, STERIS, Narang Medical Limited, Accuquik™ Test Kits, Hospital Equipment Mfg. Co, Amsino International Inc, KIRCHNER & WILHELM GmbH + Co. KG, and among others.
Scope of the Vaginal Speculum Market Report:
- Geography Covered: Global
- Study Period: 2019-2027
- Key Vaginal Speculum Companies: CooperSurgical Inc, BD, JMI Group, Teleflex Incorporated, Vernacare, Integra LifeSciences, MEDGYN PRODUCTS INC, AdvaCare Pharma, Advin Health Care, A.M.G. Medical Inc, B. Braun Melsungen AG, Deltalab, Medline Industries LP, Bexen Medical, YILKAL MEDICAL, STERIS, Narang Medical Limited, Accuquik™ Test Kits, Hospital Equipment Mfg. Co, Amsino International Inc, KIRCHNER & WILHELM GmbH + Co. KG and among others.
- Market Segmentation By Product: (Single-Bladed, Double-Bladed, And Others), By Material (Stainless Steel, Plastic, And Others), By Type (Disposable And Reusable), By Application (Diagnosis And Surgery),
- Market Segmentation by End-User:Hospitals, Surgery Centers, Ambulatory Centres, Clinics, And Others), and by geography is expected to grow at a steady CAGR forecast till 2027 owing to rising incidence of cervical cancer and increasing prevalence of human immunodeficiency virus (HIV)
- Market Segmentation by Geography: North America, Europe, Asia-Pacific, Rest of the World (Middle East, Africa, and South America)
- Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View
Table of Contents
| 1 | Report Introduction |
| 2 | Executive Summary |
| 3 | Regulatory and Patent Analysis |
| 4 | Key Factors Analysis |
| 5 | Vaginal Speculum Porter’s Five Forces Analysis |
| 6 | COVID-19 Impact Analysis on Vaginal Speculum Market |
| 7 | Vaginal Speculum Market Layout |
| 8 | Vaginal Speculum Global Company Share Analysis – Key 3-5 Companies |
| 9 | Vaginal Speculum Companies and Product Profiles |
| 10 | Project Approach |
| 11 | KOL Views |
| 12 | DelveInsight Capabilities |
| 13 | Disclaimer |
To understand key companies related to the Vaginal Speculum Market, get a snapshot of the Vaginal Speculum Regulatory and Patent Analysis.
Key Takeaways from the Vaginal Speculum Market Report:
- Market size analysis for current Vaginal Speculum market (2021), and market forecast for 5 years (2022-2027).
- The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the Vaginal Speculum market.
- Top key product/services/technology developments, mergers, acquisitions, partnerships, and joint ventures happened over the last 3 years.
- Key companies dominating the global Vaginal Speculum.
- Various opportunities available for the other competitor in the Vaginal Speculum market space.
- What are the top performing segments in 2021? How these segments will perform in 2027.
- Which is the top-performing regions and countries in the current Vaginal Speculum market scenario?
- Which are the regions and countries where companies should have concentrated on opportunities for Vaginal Speculum market growth in the coming future?
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