Press release
Pre-Lit Disposable Vaginal Speculum Market Top Players- Hill Rom (Welch Allyn)., OBP Medical Corporation, Premier, Inc. (S2S Global), Trinity Sterile, Inc., MedGyn Products, Inc.
The Pre-Lit Disposable Vaginal Speculum 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.Factors such as the rising prevalence of cervical cancer, growing emphasis on tracking women's health, and rising awareness to overcome the growing rate of gynecological diseases boost market growth. However, the complications and low acceptance associated with gynecological procedures hinders the pre-lit disposable vaginal speculum market growth.
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Pre-Lit Disposable Vaginal Speculum Market – by Application
• Surgery
• Diagnosis
Pre-Lit Disposable Vaginal Speculum Market – by End User
• Hospitals
• Ambulatory Care Centers
• Diagnostic Centers
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
Strategic Insights
Companies such as Clear Spec and MedGyn Products, Inc. have adopted several inorganic and organic strategies to enhance their revenue and position in the pre-lit disposable vaginal speculum market. The involved performances of major players have resulted in the availability of better services and products in the market.
Different rural screening strategies have been developed to detect cervical cancer in its pre-invasive phase to reduce the disease incidence and associated mortality. The government of India, under the aegis of the National Program for Prevention and Control of Cancer, Diabetes, Cardiovascular Diseases and Stroke (NPCDCS), introduced a population-based screening for diabetes, hypertension, and common cancers (including oral, cervix, and breast cancer) in 100 districts of the country on a pilot basis. The rural women from the age group of 30-65 are screened for cervical cancer using VIA, in every five years.
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In several countries, the annual incidence and mortality from cervical cancer have decreased by 50–70% since the implementation of regular population-based screening. Further, as per the Asian Society of Gynecologic Oncology, evidence suggests that screening is essential from a macroeconomic point of view. Global investment in cervical cancer prevention could save up to an economic value of USD 1 trillion, both due to gain in disease-free life years and reduction in treatment expenditure. The increasing government initiatives to prevent and screen cervical cancer boost the demand for disposable vaginal specula.
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