According to our new market research study titled “Pre-lit Disposable Vaginal Speculum Market – Global Analysis and Forecast – by Application and End User,” the market is expected to reach US$ 309.00 million by 2027 from US$ 235.01 million in 2019; it is estimated to grow at a CAGR of 3.6% from 2020 to 2027. The report highlights the trends prevalent in the global pre-lit disposable vaginal speculum market, and the drivers and restraints pertaining to its growth. The growth of the pre-lit disposable vaginal speculum market is attributed to the high prevalence of cervical cancer and increasing government initiatives for cervical cancer prevention and screening. However, the complications and low acceptance associated with gynecological procedures is likely to hinder the market growth.
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Cervical cancer ranks as the ninth most frequent cancer among women in Europe. ~325.3 million European women of age ≥15 years are at risk of developing cervical cancer. According to the current estimates, 61,072 women in the region are diagnosed with this type of cancer every year and 25,829 die from it. Further, cervical cancer is the second most common cancer type among Indian women, and the country constitutes the most considerable burden of cervical cancer patients worldwide. One out of every five women in the world suffering from this disease is an Indian. Besides, the high incidence of cervical cancer, due to its late diagnosis and consequent poor survival rate, 25% of global mortality due to cervical cancer occurs in this country.
Top Companies Overview-
- Hill Rom (Welch Allyn)
- OBP Medical Corporation
- Premier, Inc. (S2S Global)
- Trinity Sterile, Inc
- MedGyn Products, Inc
- Monarch Medical Products, Inc
- Cyalume Technologies, Inc
- ClearSpec LLC
- Dynarex Corporation
These players are focused on both organic and inorganic growth strategies to sustain their position in the market. For instance, in October 2018, ClearSpec announced an agreement with MediGroup, Healthcare Procurement Solutions, and Yankee Alliance, which provided it the recognition of a high-value supplier of an innovative vaginal speculum.
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Application-Based Insights
On the basis of application, the pre-lit disposable vaginal speculum market was segmented into surgery and diagnosis. In 2019, the surgery segment held a larger share of the market; and it is expected to register a higher CAGR during the forecast period.
End User-Based Insights
The pre-lit disposable vaginal speculum market, based on end user, is segmented into hospitals, ambulatory surgical centers, and diagnostic labs. The hospitals segment held the largest share of the market in 2019, and it is further estimated to register the highest CAGR of 4.0% in the market during the forecast period
The report segments the global pre-lit disposable vaginal speculum market as follows-
By Application
- Surgery
- Diagnosis
By End User
- Hospitals
- Ambulatory Care Centers
- Diagnostic Centers
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