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High-Resolution Anoscopy Global Market Like to Reach $19.38 Billion at a compound annual growth rate (CAGR) of 6.6% By 2028 | Olympus Corporation, Hoya Corporation, Steris PLC, CooperSurgical, Ecleris S.R.L

05-17-2024 10:02 AM CET | Health & Medicine

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High-Resolution Anoscopy Market Trends

High-Resolution Anoscopy Market Trends

The high-resolution anoscopy market size has grown strongly in recent years. It will grow from $13.97 billion in 2023 to $15.03 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to increased prevalence of anal dysplasia, advancements in endoscopy technology, growing awareness and screening, colorectal cancer screening.

The high-resolution anoscopy market size is expected to see strong growth in the next few years. It will grow to $19.38 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to global health initiatives, expanded access to specialized care, personalized medicine, telemedicine and remote consultations. Major trends in the forecast period include ai-assisted diagnostics, portable hra devices, digital records and telehealth, home-based hra kits.

Market Overview -
High-resolution anoscopy (HRA) is a medical procedure used to examine the anal canal and lower rec*tum in a detailed and magnified manner. It is primarily performed to detect and evaluate conditions such as anal intraepithelial neoplasia (AIN), anal cancer and other abnormalities in the anal region.

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Rising Cancer Prevalence Fuels Growth Of High Resolution Anoscopy Market
The increasing prevalence of cancer is expected to propel the growth of the high resolution anoscopy market. Cancer is a complex group of diseases characterized by the uncontrolled growth and division of abnormal cells. High-resolution anoscopy can provide high-quality imaging using a colposcope or operating microscope, allowing for more precise observations and evaluation of the anal canal. This medical equipment aids in detecting cancerous lesions or abnormalities within the anal tract. For instance, according to the Cancer Facts and Figures 2023 report published by the American Cancer Society, a US-based professional organization, the number of new anal cancer cases reported in the United States is 9,760, compared to 9,440 cases in 2022. Additionally, the number of deaths attributed to anal cancer rose to 1,870, a rise from the 1,670 deaths recorded in 2022. Therefore, the increasing prevalence of cancer is driving the growth of the disposable endoscopes market.

Competitive Landscape -
Major players in the high-resolution anoscopy market are Philips Medical Systems Technologies Ltd., Olympus Corporation, Hoya Corporation, Steris PLC, Allegheny Health Network, Karl Storz SE & Co. KG, CooperSurgical, Ecleris S.R.L, Pentax Medical, Fujifilm Medical Systems, Given Imaging, Carl Zeiss Meditec AG, Bovie Medical Corporation, Hill-Rom Holdings Inc., Optomic, Narang Medical Limited, Medorah Meditek Pvt Ltd., Welch Allyn, Leisegang Feinmechanik Optik GmbH, Medimar S.A., DYSIS Medical, Gynius Plus AB, Lutech Medical, Ottomed Endoscopy, Seiler Garepa Pvt. Ltd.

Integration Of Computer-Aided Cervical Mapping Technology Drives Advancements In High-Resolution Anoscopy Market
Major Companies operating in the high-resolution anoscopy market are adopting new technologies, such as computer-aided cervical mapping technology, to provide treatment-related services to their customers and sustain their position in the market. Computer-aided colposcopy combined with cervical mapping is an innovative device that generates data to assist healthcare workers in quickly detecting cervical abnormalities. For instance, in July 2021, DYSIS Medical Inc., a US-based medical technology company specializing in developing colposcopy devices, launched DYSIS View colposcope. It is an out-of-the-box ready, compact and portable colposcope that offers a convenient solution for healthcare professionals performing colposcopy exams. It includes the company's innovative computer-aided cervical mapping technology that generates data to help healthcare professionals detect and assess cervical lesions. DYSIS View has a camera to capture high-resolution videos and photos and quick playback of colposcopy tests. It has DYSIS SMARTtrack to compare a patient's DYSIS View colposcopy exams and a patient database for safe records.

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Key Segments -
The high-resolution anoscopy market covered in this report is segmented -
1) By Product Type: Colposcopes; Portable Colposcope; Hand-Held Colposcope; Anoscopes; Disposable Anoscope; Reusable Anoscope
2) By Patient Population: Adults; Pediatrics
3) By End Use: Hospitals; Diagnostic Laboratories; Specialty Clinics

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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