Global Cervical Cancer Diagnostics Market Report 2020 - Opportunities And Strategies, Market Forecast And Trends
30 Nov, 2020
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The global cervical cancer diagnostics market is expected to decline from $8.02 billion in 2019 to $7.23 billion in 2020 at a compound annual growth rate (CAGR) of -9.87%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, especially postponement of non-emergency procedures. The market is then expected to recover and reach $8.62 billion in 2023 at a CAGR of 6.04%. 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.
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.
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The Global Cervical Cancer Diagnostics Market is further segmented based on diagnostic test, end-user and geography.
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 Geography: The global cervical cancer diagnostics market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, the North American cervical cancer diagnostics was the largest region in the global cervical cancer diagnostics market 2019.
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Trends In The 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.
Cervical Cancer Diagnostics Global Market Report 2020 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.