The cervical cancer diagnostics market consists of sales of cervical cancer diagnostic devices and related services by entities (organizations, sole traders and partnerships) that produce cervical cancer diagnostics devices. Cervical cancer is a type of cancer that occurs in cells of the cervix. These devices are used for the diagnosis of cervical cancer.
Global Cervical Cancer Diagnostics Market Size And Drivers:
The global cervical cancer diagnostics market is expected to grow from $7.227 billion in 2020 to $7.663 billion in 2021 at a compound annual growth rate (CAGR) of 6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $9.687 billion in 2025 at a CAGR of 6%. The rising adoption of cervical cancer diagnostic tests for the early detection of cervical cancer is expected to drive the market for cervical cancer diagnostics.
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Trends In The Global Cervical Cancer Diagnostics Market
The increased adoption of HPV home testing kits is expected to be the new trend in the market. The home-based HPV testing kits help women in collecting samples and getting the results conveniently on their own without going to the lab for screening. Therefore, companies are focusing on providing convenience to patients. For instance, in January 2019, Nurx, a consumer health and telemedicine company, introduced lab testing that allows women to easily and affordably monitor their risk of cervical cancer from the comfort of their home. Similarly, in April 2019, Matter introduced three conceptual cervical cancer examinations through the Sukha project that help women carry out tests at home to break the stigma associated with cervical testing.
Global Cervical Cancer Diagnostics Market Segments:
The global cervical cancer diagnostics market is further segmented –
By Diagnostic Test: Pap Smear Test, HPV Test, Colposcopy, Biopsy and Endocervical Curettage, Other Diagnostic Tests
By End User: Hospitals, Specialty Clinics, Cancer and Radiation Therapy Centres, Diagnostic Centres
By Age Group: Below 21, Between 21 To 29, Between 30 To 65, Above 65
By Geography: The global cervical cancer diagnostics market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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Cervical Cancer Diagnostics Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides cervical cancer diagnostics market overviews, analyzes and forecasts market size and growth for the global cervical cancer diagnostics market, cervical cancer diagnostics market share, cervical cancer diagnostics market players, cervical cancer diagnostics market segments and geographies, cervical cancer diagnostics market’s leading competitors’ revenues, profiles and market shares. The cervical cancer diagnostics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
