Vaginal Specula Market Estimated to Clock a Modest CAGR of 3.6% to Hit US$ 1,180.41 million by 2028

According to The Insight Partners research study, titled "Vaginal Specula Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Product, Type, Procedure, and End User," the market is expected to grow from US$ 955.66 million in 2022 to US$ 1,180.41 million by 2028; it is estimated to grow at a CAGR of 3.6% from 2022 to 2028. The rise in the incidence of cervical cancer and the increasing number of diagnostics services for women health drive the market growth. However, complications associated with gynecological procedures are expected to restrict the market growth during the forecast period.

A vaginal speculum is a medical device typically used to examine vaginal orifices by doctors and medical practitioners. The instruments are made up of either metal or non-metal material, and the gynecologists use the device to open the vaginal wall to examine the vagina and cervix and extract cervical cells for PAP or smear examination. Invasive cervical malignancy (ICC) is the second most frequent female cancer in low- and middle-income countries (LMICs); it ranks seventh among the most common cancer types in high-income countries. ~341,843 women died in 2020 due to cervical cancer, and 90% lived in less-developed countries with limited access to prevention, screening, and treatment facilities.

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The list of companies operating in this report are:
Cooper Companies, Inc.; Baxter International Inc; BD; B. Braun Melsungen AG; Teleflex Incorporated; Integra Lifesciences Holdings Corporation; Steris plc.; Robinson healthcare; Dynarex Corporation; and OBP Medical Corporation are the key companies operating in the vaginal specula market.

• In December 2021, Baxter announced the acquisition of Hillrom, one of the leading manufacturers of vaginal specula. This acquisition unlocked the next phase of the company's transformation for greater impact on patients, employees, clinicians, and shareholders worldwide.
• In December 2021, CooperCompanies acquired Generate Life Sciences, a leading donor egg and sperm provider for fertility treatments, fertility cryopreservation services, and newborn stem cell storage (cord blood and cord tissue), for ~$1.6 billion. This acquisition will help CooperCompanies to strengthen its sales further.
• In March 2021, Vernacare acquired Robinson Healthcare, the owner of the UK's market-leading, single-use surgical instrument brand - Instrapac. The acquisition continues Vernacare's buy and build strategy and increases the Group's turnover to £120 million annually.

Vaginal Specula- Market Segmentation:
The global vaginal specula market is segmented into product, type, procedure, end user, and geography. Based on product, the market is bifurcated into vaginal speculum with smoke evacuator and vaginal speculum without smoke evacuator. Based on type, the market is bifurcated into disposable and reusable. Based on procedure, the market is segmented into electrosurgical colposcopy, endometrial biopsy, general examination, and others. Based on end user, the market is segmented into hospitals and clinics, ambulatory surgical centers, and diagnostic centers.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Vaginal Specula market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Several market forces such as drivers and restraints and political, social, economic and technological advancements help shape up the industry in specific manner. All such forces are studied in detail to arrive at a market forecast which can help build the investment strategies in Vaginal Specula market.

Essential points covered in Vaginal Specula market report are:-
1 What will the market size and the growth rate be in 2028?
2 What are the key growth stimulants of Vaginal Specula market?
3 What are the key market trends impacting Vaginal Specula market valuation?
4 What are the challenges to market proliferation?
5 Who are the key vendors in the Vaginal Specula market?
6 Which are the leading companies contributing to Vaginal Specula market valuation?
7 What was the market share held by each region in 2028?
8 What is the estimated growth rate and valuation of Vaginal Specula market in 2028?

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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