Pune, India -- (SBWIRE) -- 12/03/2019 -- The Infinium Global Research analyzes the "Colposcopes Market (Product - Video Colposcope, and Optical Colposcope; Application - Cervical Cancer Diagnostic, and Physical Examination; End User - Gynecology Clinics, Hospitals, and Diagnostic Laboratories): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025." The global colposcopes market is projected to grow at a CAGR of 7.0% over the forecast period of 2019-2025.

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Some advance colposcope has an electronic green filter and the high-resolution camera that allow doctors to examine the cervical or vagina on the screen. Colposcopes are referred to as a medical device which is generally used to detect cervical cancer by observing precancerous tissues with the help of a microscope. A colposcope is able to identify or detect the development of abnormal blood vessels or tissues in the cervix & vagina and transmit a three-dimensional image for an instant view of abnormal areas.

Prevalence of Cervical Cancer Drives Growth for Colposcopes Market

The colposcopes market is driven by technological advancement in the colposcope including improved accuracy in detection and high-quality video. Moreover, the rising prevalence of cervical cancer around the globe is also expected to drive the colposcopes market.

However, the lack of skilled clinical users for operating a colposcope and the high cost of installation of devices is anticipated to restrict the growth of the colposcopes market. Nonetheless, increasing awareness programs of various NGOs for diagnosis and the treatment of cervical cancer and major manufacturers are the continuous launch of diagnostic equipment for the detection of cancer is estimated to create a new opportunity for the global colposcopes market.

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Video Colposcope Anticipated to Grow at a Significant Rate Over the Forecast Period

The report on the global colposcopes market covers segments such as Product, application, and end-user. The product segment is further segmented into a video colposcope, an optical colposcope. On the basis of application, the colposcopes market is segmented into cervical cancer diagnostic and physical examination. On the basis of end-user, the colposcopes market is bifurcated into gynecology clinics, hospitals, and diagnostic laboratories.

Largest Revenue in the Colposcopes Market is Held by North America

On the basis of region, the global colposcopes market is bifurcated into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is followed by Europe and the Asia Pacific for the colposcopes market. North America held the largest revenue share for the global colposcopes market in 2018 owing to t high healthcare infrastructure in this region.

Favorable reimbursement scenario in Europe is driving factors for the ambient growth of the Europe region for the colposcopes market. The MEA is anticipated to witness sluggish growth for the colposcope market owing to a lack of awareness about cervical cancer. The Asia Pacific is estimated to be the fastest-growing region within the projected years owing to China and India are anticipated to show rapid growth owing aging population and growing healthcare infrastructure in these countries.

Colposcopes Market: Competitive Landscape

The key players in the colposcopes market are MedGyn Products, Inc., Leisegang Feinmechanik Optik GmbH, Wallach Surgical Devices, Edan Instruments, Inc., Kernel Medical Equipment Co., Ltd., CooperSurgical Inc., Gem Optical Instruments Industries, BOVIE MEDICAL, ORION MEDIC, ATMOS MedizinTechnik GmbH & Co. KG, and many others.

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of the colposcopes.

=> Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2025.

=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.  

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.